E-CHEQUEe:volve the way you give a guarantee.

e:volve your business and life to make it simple, fast, and secure with E-Cheque.

Faster, simpler, more secure – E-Cheques are exactly what you need when you are trying to move your business forward! NO PAPER, NO QUEUES, AND NO HASSLE.

Whether you’re a corporate signatory, an individual, or a small-to-medium sized business owner, the process could not be easier. Simply head down to your local bank branch, register your current or business account, fill in some details and you are off! For individuals, you can do it all through your BenefitPay app.

Benefits of E-Cheque

Faster, simpler, and more convenient

No paper, no queues, and no hassle

Cannot be lost, stolen or counterfeited

Frequently Asked Questions on E-Cheque

An E-Cheque is an electronic cheque. It is not different from a paper cheque. E:cheque converts the paper to an electronic record for easier and faster transactions while maintaining all other features.

There is no difference between the paper and electronic cheque in terms of its usage and legal power. It only replaces the paper with an electronic record while maintaining all its current features and functionalities.

E-Cheques are safer and secure. They cannot be lost, stolen, or counterfeit.

If you are a retail customer then you can enroll for E-Cheque using BenefitPay. Register your IBAN and activate your account using BenefitPay instantly

If you are a corporate customer, you’ll need to approach your bank and fill
in the application forms for your company and the authorized signatories of
the company.

If you are a joint account or power of attorney customer, you’ll need to
approach your bank and fill in the application forms for the accounts and
the authorized signatories.

Upon successful registration, E-Cheque system will send an email notification of the successful registration to the registered email of the authorized signatory.

For retail customers, you can issue and deposit E-Cheques using BenefitPay.

For corporate customers, download E-Cheque App from the app store or
Play store and activate your account.

For joint accounts and power of attorney customers, download E-Cheque App from the App Store or Google Play Store and activate your account.

Visit the App Store and download the E-Cheque App. You can activate your account by entering your ID details, select your banks, the corporate ID, and then key in the OTP and you will receive on the registered mobile device.

Any customer with an IBAN in Bahrain is eligible. A customer can register an issuer of E-Cheque or a beneficiary receiving and depositing E-Cheques.

The bank shall process the registration request in two business days after receiving the complete forms and approving the request.

E-Cheque book requests shall be approved or rejected by the bank in
a maximum of two business days.

The same charges of the paper cheque books apply for E-Cheque books.

There is no charge for E-Cheque registration.

There is no charge for E-Cheque deposits.

An E-Cheque can be written to any name or issued to a registered customer of E-Cheque using the mobile or ID of the registered customers.

An E-Cheque can be deposited using BenefitPay, E-Cheque App,
E-Cheque portal, and all bank branches..

If the you are a registered customer, then you can upload or scan the QR of the E-Cheque on BenefitPay, E-Cheque App, or E-Cheque portal and view the data of the E-Cheque before accepting it from the Drawer.

E-Cheque deposit requests received before 11:30 am of the business day will be accepted/rejected by maximum 12:00 pm of the same business day.

E-Cheques deposited before 11:30 am of the business day will be cleared and paid by the end of the same business day if the paying bank accepted the clearing.

The Payee can obtain an authorized copy of the return advice for the E-Cheque by visiting any bank branch.

Similar to paper cheques, an E-Cheque can be issued post dated.

Similar to paper cheques, an E-Cheque can be used as a security or guarantee by depositing it or clearing.

To return an E-Cheque to the Drawer, you must visit your bank branches.
If are a registered customer on E-Cheque then you can cancel it using
BenefitPay, E-Cheque App, or E-Cheque portal for E-Cheque issued against
your mobile number or ID.

When you as a Payee receive an E-Cheque automatically by the system without the need for the Drawer to share it, this means the E-Cheque has been written against your mobile or ID.

An E-Cheque is a negotiable instrument that can be endorsed. For the first phase of the service launch only Account Payee E-Cheques are supported.

An E-Cheque can be discounted; however for the first phase of the service launch such is not enabled.

Yes, an E-Cheque that is bounced back is a criminal offense similar
to paper cheques.

The bank will use the same authority matrix of paper cheques for E-Cheques. However if needed, the customer can request a new authority matrix to
be uploaded.

Yes, an E-Cheque is accepted at the courts of law in Bahrain.

Yes, a corporate customer can define their own administrative users to handle the operations of E-Cheques such as E-Cheque book request, writing, and deposit using the E-Cheque portal without registering them as authorized signatories with the bank.

An E-Cheque has no minimum or maximum value.

An E-Cheque is an electronic cheque.

An E-Cheque is not different from a paper cheque. E-Cheque converts the paper to an electronic record for easier & faster transactions while maintaining all other features.

Find out how to use E-Cheque on BenefitPay

  1. Head down to your local bank branch
  2. Register your current or business account
  3. Fill in the required details

Others are experiencing and they’re loving it!

 

Find out how to request an E-Cheque book on BenefitPay

You can do it all through your BenefitPay app.It really is that simple, fast, and secure.

  • Retail customer

    If you are a retail customer then you can enroll for E-Cheque using BenefitPay. Register your IBAN and activate your account using BenefitPay instantly

  • Corporate customer

    If you are a corporate customer, you’ll need to approach your bank and fill in the application forms for your company and the authorized signatories of the company.

X
Glad to have you at Benefit Website
Welcome to WPBot
wpChatIcon
X