Monday 25 November 2024
 
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IBAN

LMRA's Iban initiative to help boost Bahrain's financial inclusion

Bahrain-based Ebdaa Microfinance has commended the kingdom's Labour Market Regulatory Authority and the  Central Bank of Bahrain and the private sector for its key initiative that will see the duo issue International Bank Account Numb

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LMRA's Iban initiative to help boost Bahrain's financial inclusion

Bahrain-based Ebdaa Microfinance has commended the kingdom's Labour Market Regulatory Authority and the  Central Bank of Bahrain and the private sector for its key initiative that will see the duo issue International Bank Account Numb

More…

MultiPass secures licence to operate in UAE

MultiPass, a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE that will allow its clients to access local currency and payout. Regulate

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Tamkeen offers IBAN verification in tie-up with Tarabut

Bahrain’s Labour Fund Tamkeen has launched an International Bank Account Number (IBAN) verification service in collaboration with Tarabut Gateway, a leading open banking solutions platform, to facilitate transactions for individual and e

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Tamkeen launches online payment system

Tamkeen, Bahrain’s labour fund, has shifted to an electronic payment system to expedite payments to customers and vendors, who will now receive funds directly into their bank accounts. The shift to the new system, effective

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Ahli United says ready for IBAN

Ahli United Bank (AUB) has announced that it is completely ready for the launch of International Bank Account Number (IBAN) standard in Bahrain. This move is in line with Central Bank of Bahrain's directives making the use of IBAN a manda

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Banks in Bahrain introduce IBAN system

All commercial banks in Bahrain today (January 31) adopted International Bank Account Numbers (IBAN) on their cheque books, which makes the kingdom the 55th country to join this system. The system, which combines a country code with a chec

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Bahrain to implement IBAN from Jan 31

From January 21, 2012, all bank customers in Bahrain need to use an IBAN when making or receiving electronic payments through banks within Bahrain or overseas. This means a person wishing to make a payment or receive funds, both, locally a

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Ithmaar leads IBAN compliance

Bahrain-based Ithmaar Bank has urged its customers to start using their International Bank Account Numbers (IBAN) ahead of its scheduled compulsory implementation from January 31, 2012. In line with Central Bank of Bahrain (CBB) directives

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KFH-Bahrain implements key number system

Kuwait Finance House - Bahrain (KFH-Bahrain), a leading financial institution, has implemented the International Bank Account Number (IBAN) system to all customer accounts. This is the internationally accepted ISO standard numbering system

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