FAWRISettlement Electronic Fund Transfer in Bahrain

What is Fawri

Fawri is a deferred settlement electronic fund transfer service through which you can send any amount any time and the fund is credited into the receiver’s account within a few hours in the business day.

Features

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    Deferred Settlement

    Funds can be sent any time, the fund will be credited into the receiver’s account within a few hours in each business day.

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    Fee

    You will be charged a maximum fee of BD0.100+vat by the bank per transfer.

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    Single or Bulk

    You can process single transfers or bulk transfers in an easy, automated and fuss-free manner.

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    Multiple channels

    You can send or receive funds using BenefitPay (for individuals) or through the branch or internet banking and mobile banking applications of your bank.

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    Settlement Schedule

    Transactions processed between 12:15 pm the previous business day till 7:45 am of the same business day will be credited into the receiver’s account around 10:00 am, while transactions processed between 7:45 am to 12:15 pm of the same business day will be credited into the receiver’s account around 2:00 pm. Crediting times may vary based on the time of successful interbank settlement of funds.

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