BBK renews Amex bills deal
Manama, August 26, 2013
Leading Bahrain bank BBK has renewed and expanded its partnership with American Express Middle East (AEME), which covers American Express bill settlements through BBK's Internet retail banking channel and its branch network.
Under the renewed agreement, mutual clients of the two organisations can now settle their American Express bills in both US dollars and Bahrain dinars online, using BBK's Internet retail banking channel, reported the Gulf Daily News, our sister publication.
In addition, all American Express Card members can make card bill payments at any BBK branch or financial mall, it stated.
BBK already provides American Express Middle East efficient payments solutions for AMEX merchant settlements across the kingdom.
These solutions are part of BBK's comprehensive cash management suite of services to support domestic and international payments and receivables services for efficiently managing a corporate company's financial supply chain.
"We are pleased to strengthen our partnership with AEME and continue to provide innovative solutions that increase efficiencies and enhance transparency for our customers," said BBK chief executive Abdulkarim Bucheery.
"Our cash management team is dedicated to providing pioneering products and services to our corporate and institutional customers," noted Bucheery.
"Our long-term relationship with AEME is further proof of our commitment in finding the best viable solution to handle our client's requirements," he added.
AEME Middle East chief executive Mazin Khoury said American Express was committed to providing its card members greater choice and flexibility in managing their card payments in keeping with its strategic objective to provide customer convenience.
"We are pleased to strengthen our partnership with BBK and offer their innovative payment solutions to our card members, to ensure that all payments are completed on time without any hurdles," he added.-TradeArabia News Service