Virtual Accounts System

Experience the Future of Cash and Payment Management with Al Faris International Group's Virtual Account System

Unlock unparalleled control and efficiency in managing your finances with our cutting-edge Virtual Account System, tailored exclusively for the Saudi market. Say goodbye to the complexity of multiple physical accounts and embrace a revolutionary platform that empowers your business with virtual account banking solutions like never before.
Enhanced Cash Flow Optimization:
Gain a competitive edge by harnessing the power of our Virtual Account System's robust features. Block and unblock virtual accounts in invoice mode to fortify your defenses against fraud, while optimizing your cash flow effortlessly. With the ability to monitor payment status in real-time, you can make informed decisions to maintain peak liquidity, ensuring your business remains agile in a dynamic marketplace.
Streamlined Payment Management:
Simplify your payment processes with ease using Payment on Behalf of (POBO) mode. Manage payments from any virtual account via a single physical account, providing unmatched flexibility and convenience. Additionally, our system empowers you to collect payments on behalf of other entities, further enhancing your financial prowess. With the capability to segregate funds based on corporate hierarchies or specific sources, such as escrow or trust accounts, our Virtual Account System adapts seamlessly to your unique financial needs.
Seamless Integration and Compliance:
Our Virtual Account System effortlessly integrates with our Backoffice system, allowing you to monitor wallet balances, onboard customers and suppliers, and customize settings to match your preferences. Furthermore, rest assured that our system is fully compliant with Saudi regulatory standards, ensuring that your cash and payment management aligns perfectly with local requirements.
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Our Offices:

Riyadh, Saudi Arabia
Beirut , Lebanon

Office Address:

AlFaris International Group Mousa Center Olaya Building Office #438, Floor # 3, Building # 4. 6749 Al Olaya Street – Al Olaya Dist. Riyadh, Saudi Arabia.

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