Overview SWIFT MA-CUG (Member Administered Closed User Group) is a secure digital channel that enables corporates to exchange international payment messages directly with banks. It provides efficient, standardized, and reliable cross-border settlement solutions tailored to business needs. Features & Benefits Secure SWIFT Connectivity Enjoy safe and direct access to SAIB and global banks through the SWIFT network. Support for Single & Bulk Transactions Initiate individual and file-based transactions through a resilient and standardized messaging platform. Centralized Visibility Access real-time account balances across banks and generate comprehensive e-balance reports to support efficient reconciliation. Robust Cash & Treasury Control Manage payments, pooling, and settlements efficiently, including internal transfers, local and international transfers, and salary disbursements. All-in-One Messaging Send and receive multiple SWIFT message types, including payments, FX, guarantees, precious metals, and trade finance, without relying on any other electronic banking system. Eligibility Criteria Documents Required How to Apply The applicant must have an active account with SAIB. The applicant must be registered for the SWIFT service with SAIB. Treasury unit or authorized department setup documentation Additional KYC forms as required by compliance View full Terms & Conditions Valid Commercial Registration Certificate National ID or Passport Copies of Authorized Signatories Completed Application Form View full Terms & Conditions Eligibility Assessment Contact our Cash Management team through Phone Banking at 800 124 8000 to request an eligibility assessment and express your interest in our SWIFT MACUG service. Structuring & Assessment After providing your company’s credentials, the bank’s structuring specialists analyze project feasibility, risks, and develop a financing proposal. Configure Your SWIFT Access The bank will assist with your SWIFT access setup and message routing. View full Terms & Conditions Frequently Asked Questions What is SWIFT MA-CUG? It's a member-administered SWIFT channel allowing corporates to connect directly to banking networks via their corporate treasury systems. Does it require internet banking? No. SWIFT MA-CUG provides a secure, direct connection to global financial networks via SWIFT without reliance on conventional internet banking. Can I send multiple types of financial messages? Yes. SWIFT MA-CUG allows sending and receiving multiple SWIFT message types, including payments, foreign exchange, guarantees, precious metals, and trade finance messages. How does it enhance control? It enables management of payments, pooling, and settlements, including internal transfers, local and international transfers, and salary disbursements, supporting robust cash and treasury control. Is it secure? Yes. The service provides secure connectivity through the SWIFT network and supports authentication using digital certificates to ensure safe and reliable transactions. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Corporate Offices Explore our corporate head-quarters and regional offices across the Kingdom. /corporate-offices E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services