SaudiPay transitions central banks and tier-1 financial institutions from legacy correspondent banking to an agile, compliance-first infrastructure. Formalize shadow economies, capture diaspora flows, and enable instant cross-border liquidity without FX exposure.
Direct APIs into Saudi rails via licensed anchor banks, eliminating intermediaries and FX risk.
Integrated with the Kingdom's Sovereign Infrastructure
How the DLC framework transforms trapped capital and shadow economies into regulated, real-time institutional flows.
With 37.2 million tourists arriving in Q1 alone, cash dependency poses security and logistical risks. SaudiPay enables foreign banks to offer direct access to SAR and Mada cards via their native mobile apps, allowing tourists instant, cash-free access upon arrival.
Over 10 million expatriates drive $15B+ in quarterly remittances, often relying on informal networks. The DLC platform allows home-country banks to provide onshore Saudi accounts before workers even depart, routing shadow flows directly back to regulated bank ledgers.
Thousands of students studying abroad face severe capital friction and high FX fees. Saudi banks can now provide onshore foreign currency wallets (e.g., GBP or USD) funded directly by SAR. This two-way liquidity bridge eliminates FX risk and ensures instant support delivery.
Supporting a massive $516 Billion Gulf-Asia trade volume, DLC allows SMEs to bypass unregulated invoice settlement channels. Direct integration through local anchor banks provides real-time, wholesale settlement on domestic rails.
Foreign airlines face immense trapped liquidity when collecting local currency for operations. By connecting foreign banks directly to corporate divisions via the DLC bridge, SaudiPay executes 1-to-1 corporate settlement, enabling frictionless repatriation of capital.
A pre-funded technology framework that establishes Domestic Settlement Privileges without the need for independent clearing houses.
Allows a non-resident bank or Money Transfer Operator to utilize domestic remittance platforms natively. Executed entirely on local rails via a Saudi anchor partner, ensuring zero physical cross-border cash movement and T+1 exact-amount settlement.
Enables a foreign bank to offer its customers fully functioning, onshore SAR wallets. Validates VIBAN architecture, retaining economic liquidity strictly inside the Kingdom while maintaining full compliance with SAMA regulations.
A two-way liquidity bridge. Allows institutions to collect funds natively and repurpose that liquidity to fund domestic outbound spending. Direct API connections to local payment rails (e.g., Mada) bypass hard-currency intermediaries entirely.
Align with Saudi Vision 2030. Establish compliance-by-design and access the Saudi market through sovereign digital rails.
