An internal transfer moves money from your SiFi account to another SiFi account. If your partner is also on SiFi, this is the fastest and cheapest way to pay them.

⚡ Free and instant. Internal transfers between SiFi accounts cost nothing and arrive immediately.

💡 Who can do this: Anyone with the Make payments permission. Payments may need approval depending on your company's settings.

When to use an internal transfer

Use it whenever your partner holds a SiFi account — for example, another company in your group, a supplier already on SiFi, or your own second SiFi account. The money never leaves the SiFi network, so it settles instantly with no fee.

If your partner banks elsewhere in Saudi Arabia, use a local transfer instead. For international partners, see SWIFT transfer.

Add an internal payment method

1. Open the partner from Payments → Partners.
2. Click Add payment method and choose Internal (SiFi).
3. Enter the partner's SiFi account number.
4. Add a tag (optional) — a short label like "Main account" to tell methods apart.
5. Click Save.

💡 Note: A SiFi account number can only be linked to one partner, and tags must be unique for that partner — so you don't accidentally save the same account twice or confuse two methods.

Send an internal transfer

1. Open the partner and create transfer OR Payment Trnasfers.
2. Select the Internal payment method.
3. Enter the amount in SAR.
4. Add a note (optional) — for example, an invoice number for your records.
   
5. Review the details and click Send Transfer.
   
   
   

The money arrives in the partner's SiFi account right away. You'll both see the payment in your transaction history.

Good to know

• No fees. Transfers are instant once sent. Internal transfers are free and immediate.
• Approvals still apply. If your company requires approval, the transfer is sent as soon as it's approved. 
• Full record. Every internal transfer appears in your payment history and audit trail.
  
  

Need more help? Contact support@sifi.sa.