New electronic fund transfer system on way in Bahrain
MANAMA, October 22, 2015
The Benefit Company in co-operation with Central Bank of Bahrain (CBB) and all retail banks is in the process of launching the Electronic Fund Transfer System (EFTS) to the public early next month. The EFTS is a national payment system providing innovative fund transfer and bill payment services to all individuals, businesses and government agencies in Bahrain, said a report in the Gulf Daily News (GDN), our sister publication.
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