Bahrain Kuwait Bank (BBK), Bahrain’s leading retail and commercial bank, has successfully joined the Arab Payment System BUNA, operated by ARPCSO, a subsidiary of the Arab Monetary Fund (AMF). . It met all standards and conditions for joining BUNA, as well as international compliance standards.
BBK customers will now be able to securely send and receive cross-border, multi-currency payments in a cost-effective and transparent manner.
As the first regional system dedicated to providing clearing and settlement services for payments in various currencies across the Arab region, BUNA offers modern payment solutions in line with international standards, principles and compliance requirements. We provide.
The scheme aims to enhance opportunities for economic and financial integration in the region, while strengthening investment relationships with trading partners.
This initiative is part of BBK’s commitment to provide cutting-edge solutions that increase the satisfaction of its valued customers.BBK has established unique partnerships and leverages the latest technology to maintain the highest standards in digital payment operations. We are continually investing in leveraging the power of By staying on top of the latest global trends, BBK is committed to providing customers with an instant, seamless, secure and cost-effective digital payment experience to meet all their financial needs and ensure customer satisfaction. That’s what I’m aiming for.
Mona Mustafa Al-Sayed, Member of the BBK BUNA Advisory Board, General Manager and Operations Assistant, commented: International standards.
“This partnership reflects our commitment to unifying and advancing payment operations management in the region.
By employing the latest and most secure technology, we are committed to attracting our customers first-class products and services, helping them achieve their goals efficiently, and ensuring they stay abreast of the rapidly evolving digital environment. We are proving our efforts. ”
“Our cooperation with BUNA underlines our dedication to promoting economic and financial integration in the Arab world. This partnership will streamline cross-border payments in both Arab and international currencies. and will play a vital role in the growth and development of the local economy.
Additionally, it enables corporate customers to expand their business and explore new markets. We are enthusiastic to embark on this journey with BUNA and eagerly look forward to the myriad opportunities this partnership will unlock,” she added.
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