Saudi Bank Improves Transfer Transparency with SWIFT

The First Saudi Bank has announced the activation of the new SWIFT system for individual banking payments, aimed at enhancing transparency and speed in tracking international transfers. The system allows customers to view transfer details and execute transactions more quickly through the SWIFT network, adhering to standardized procedures. This addresses the disparities in transfer experiences across different markets and improves banking efficiency. This step comes in response to customer demands for transparency and speed in international operations.

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