BENEFIT Company (Bahrain's Electronic Network For Financial Transactions)

Electrinoc Fund Transfer System Launched In Kingdom of Bahrain

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Kingdom of Bahrain, Manama
November 5, 2016

BENEFIT Company (Bahrain's Electronic Network For Financial Transactions), in coordination with the Central Bank of Bahrain and all commercial banks, has launched the Electronic Fund Transfer System (EFTS). The system took effect on November 5 and allows banks to conduct various financial transfers and payments via various channels either through branches, Internet banking, or mobile banking.

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