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International Telegraphic Transfer

The quickest, most effective way to make an international payment is to use an International Telegraphic Transfer.

With this method the funds will normally be received within two to three working days

This service is available to you through Internet as well as through the branch. You will benefit by choosing electronic channels to conduct your International Telegraphic Transfer because you will be able to send the payments on a same day value, which will also cost less than conducting the same transaction at the branch.

Local Bank Transfers:

Local Bank Transfers are typically used for high value BHD payments within the Kingdom of Bahrain.

Payments will be credited to the beneficiary same day (Subject to cut off times)

Ensure that payments can be credited only to the specific payee's account

Central Bank Transfers

Central Bank Transfers are typically used for BHD payments within the Kingdom of Bahrain.

Payments will be credited to the beneficiary same day (Subject to cut off times)

Ensure that payments can be credited only to the specific payee's account

Making Bulk Payments

With AutoPay you no longer need to provide payment or collection information in paper lists to specific branches. You can effect instructions electronically as often as required and directly from your office, thereby avoiding time-consuming repetition and errors.

Features & Benefits

• You can credit any beneficiary within Bahrain faster and in a cost effective manner
• Greater efficiency - No need to visit the bank
• Extended cut-off time: until 2.00 P.M
• Online reports on processed transactions
• Instructions can be stored as templates for repetitive use
• Remote authorisation facility
• Advanced security system to keep your financial information confidential
• Increased security, controls and confidentiality

Cashier's Orders

Cashiers Orders are used for paying your suppliers within the Kingdom of Bahrain in BHD.

Features & Benefits

• Ensure that payments can be credited only to the specific payee's account
• Under indemnity, reimburse your business should the payment be lost or stolen
• The payment goes through the normal cheque clearing cycle, hence might take 2-3 days to be credited to the beneficiary's account

Payment through electronic banking

If you would like to make faster and more cost effective payments, there are a variety of ways for you to do so from the comfort and convenience of your office.

Features & Benefits

Here's an example of the benefits that you will receive while sending International Telegraphic Transfers through electronic channels.