MADA Activation with "Riyadh Bank"

Modified on Wed, Dec 6, 2023 at 12:47 PM


How to activate MADA with Riyadh Bank?


To activate MADA through Riyad Bank, Please follow the below steps: 


  1. You will need first to fill out the agreement form in the attachment, and when it is signed, it must be handed over to the bank through your RM in the bank.

    Locations
    CentralSaleh Aldowiyn
    https://goo.gl/maps/TDdaJcr9AaP8mQ3J6
    EastAny Branch 
    South + West + North
    Abdulaziz Alharbi 
    https://maps.app.goo.gl/EyL3hk5984CrmJ8w7?g_st=iw
     


  2. Then, you need to submit the below applications along with the below requirements to our KSA team via ( ksasales@paytabs.com ):
    1. Filled and signed agreements
    2. Business License
    3. Owner ID

 


It is required to have a bank account in Riyad Bank for the company or institution that is registered in PayTabs system. 



Merchant with FREELANCER certificate can avail Mada facility upon submission of application to Riyadh bank and subject for review and approval. 


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