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Bahrain cuts ATM withdrawal fees

Manama, January 8, 2014

ATM cash withdrawal fees in Bahrain will be cut from 200 fils ($0.52) to 100 fils from April 1, said a top official.

The move was approved by the board of directors of Bahrain’s Electronic Network for Financial Transactions (BENEFIT), the national ATM monitoring company, at a recent meeting held in co-ordination with the Central Bank of Bahrain.

The step comes as part of efforts to upgrade services, BENEFIT chairman Abdulrazzaq Al Qassim was quoted as saying in the Gulf Daily News, our sister publication.

“This will encourage all ATM card holders to use Benefit’s network consisting of more than 460 ATMs across Bahrain,” he said. – TradeArabia News Service




Tags: Bahrain | Benefit Company |

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