Central Banking

Bahrain to revamp payment system

The Central Bank of Bahrain (CBB), formerly the Bahrain Monetary Agency (BMA), is in the process of revamping the national payment system, Trade Arabia reported.

The Real Time Gross Settlement (RTGS) system will also take in retail fund transfers on behalf of banks' customers, it said. The CBB will also implement Securities Settlement System (SSS), which will facilitate real-time, online settlement of all Government securities transactions.

"The implementation of the RTGS and SSS systems will b

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: