The National Bank of Bahrain has entered into a partnership agreement with the Society for International Interbank Financial Telecommunications (SWIFT), a world-leading cooperative association in the provision of secure services for international money transfer systems, with the aim of provide a service (Swift JoeQuick–to go) to its customers. This partnership was announced during the “Cibus Conference 2022”, which was held in Amsterdam, in the presence of representatives of the banking and investment services department for companies and financial institutions in the bank, and representatives of the association (SWIFT)QUICK.
This partnership establishes the bank’s firm commitment to continue to provide its customers with innovative and secure solutions for handling international remittances and payments, including It contributes to improving the banking experience for the bank’s customers who use these solutions. Under the partnership, the service (Swift Go) will be provided.Quick–to go) for small international payments, through which the bank’s customers belonging to the medium and small business category will be able to make cross-border payments directly, quickly, in total security and at a competitive price.
It is reported that the service (Swift GoQuick–to goIt is a milestone achievement and a key part of the strategy adopted by the Swift Association.QUICKIt allows instant and seamless money transfer transactions without any complications. This service also connects more than 11,000 banking and security institutions differ in their infrastructure systems and target customer groups and operate in over 200 financial services markets worldwide, which makes the process of communicating, transmitting and exchanging unified financial messages an easy task and secure It is a service adopted by many financial institutions around the world, as the number of subscribers to the service (Swift) exceeds AtmosphereQuick–to go) 250 banks in more than 70 countries.
In a fast-paced economic landscape, the National Bank of Bahrain continues its commitment to cooperation and partnerships with various organizations and entities The global leader in its field, and seeks to keep pace with everything new in the financial markets to launch an innovative and distinct package of banking services. This is done with the aim of enriching the experience of its customers by providing the latest solutions that meet their aspirations and satisfy their financial needs.
