May 09 2012
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KFH-Bahrain Introduces Direct Debit
Kuwait Finance House - Bahrain is pleased to announce its participation in the Direct Debit service of The BENEFIT Company. This automated mechanism allows for settlement of utility, telephone bills and any other payments that are made on a regular basis by KFH-Bahrain customers.
Mr. Khalid Rafea, Head of Banking Group at KFH-Bahrain , commented "We have all come to depend on the electronic services to provide the best services for our customers. We believe that these are all necessary steps to fulfill our vision of becoming a market leader in financial products and services and to provide alternative channels through which our customers can securely and dependably manage their banking needs."
"Our customers will now be able to make such payments for more than ten service providers using this new service." It is a simple transaction whereas customers will need to fill in an application form - available with service providers - indicating his or her account number which will permit the automatic debit. Subsequently, there is a secure account verification process that allows the billed amounts to be automatically deducted from the customer's designated account." He added
These award winning services are working in parallel to the set up of a state-of-the-art Data Centre, which, at the time, was the first bank to have an in-Kingdom virtualization technology which is capable of providing a fault tolerant, dependable and interruption free operation.
Kuwait Finance House-Bahrain is a leading provider of Islamic commercial and investment banking services. Established in 2002 as a wholly owned subsidiary of Kuwait Finance House (Kuwait) -- an industry leader for more than 30 years -- KFH-Bahrain specializes in developing and bringing to market the highest quality Islamic compliant banking and investment products, all of which are delivered by a staff of experienced and dedicated professionals with a deep understanding of the market and the clients we serve.
© Press Release 2012
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