Tamkeen Eases Payment Process for Customers and Vendors

Press release

Published August 9th, 2015 - 04:54 GMT

International Bank Account Number

As part of its efforts to provide better service and to enhance quality, Tamkeen shifted to an electronic payment system to expedite payments to customers and vendors, who will now receive funds directly into their bank accounts instead of having to personally visit the main office or service centres.

The shift to the new system, effective as of this week, comes as part of Tamkeen’s drive to provide better services to businesses and Bahrainis in the private sector

To receive their due payments, customers and vendors must complete their registration process within the various support programmes provided by Tamkeen, which will include entering their International Bank Account Number (IBAN) on Tamkeen’s website (www.tamkeen.bh).

The IBAN system is an internationally approved system which allows for faster, more efficient, and convenient wire transfers, and is used by leading public and private organisations worldwide.

For more information, customers and vendors are encouraged to contact Tamkeen at 17-383333 or visit the nearest customer service centre.

Background Information

Tamkeen

Tamkeen is a public authority established in August 2006, tasked with supporting Bahrain’s private sector and positioning it as the key driver of economic growth and development. Tamkeen is one of the cornerstones of Bahrain’s national reform initiatives and Bahrain’s Economic Vision 2030.

Tamkeen has two primary objectives - firstly, foster the development and growth of enterprises, and second provide support to enhance the productivity and training of the national workforce. To achieve these objectives -Tamkeen’s 2018-2020 strategy focuses on Diversifying offerings, Accelerate delivery and Sustaining Impact.