Pay another SiFi account (internal transfer)
An internal transfer moves money from your SiFi account to another SiFi account. If your partner also uses SiFi, it's the quickest way to pay them. The money stays inside SiFi, so it arrives instantly at no cost.
Who can do this: System Admin, Authorized User, Finance Manager, Accountant and Transfer Initiator can add partners and create payments. Paying (releasing) a payment needs System Admin, Authorized User, Finance Manager or Accountant. Your company's approval policy may still apply.
When to use it
Whenever your partner uses SiFi: a company in your group, a supplier on SiFi, or your own second SiFi account. For other Saudi banks use a local transfer; for banks abroad use SWIFT.
Your SiFi account tag
To receive internal transfers, share your company's SiFi Account Tag with your partner. Find it, or create it, in Manage → Configuration → Account tag. If you don't have one yet, click Create account tag.
Add an internal payment method
- Open the partner from Payments → Partner Hub.
- Go to the Payment Methods tab and click Add payment method.
- Choose Internal (SiFi).
- Enter the recipient's SiFi Account Tag. SiFi shows their masked account details so you can confirm it's the right account.
- Add a label if you like (e.g. "Main account").
- Click Save.
Each SiFi account can be linked to only one partner, and labels must be unique for that partner.
Send an internal transfer
- Go to Payments → Transfers and click Create transfer, or open the partner and start a transfer.
- Pick the partner and their saved SiFi transfer payment method.
- Choose where the money comes from: main wallet, a team budget or a card.
- Enter the amount in SAR.
- Add the payment instruction and the purpose of transfer, and a note if you like.
- Check or skip the invoice details.
- Review and submit. If your company needs approval, the button says Submit for approval.
The money arrives in your partner's SiFi account straight away, and both of you see it in your history.