E-Cheque

e-cheque

What is the E-Cheque Service?

The Central Bank of Bahrain launched a nationwide E-Cheque Service where electronic cheques are issued and signed electronically.

What are the advantages of E-Cheques?

  1. Easier and more convenient
  2. Deposits can happen using electronic channels 24x7 as opposed to only during branch operation times
  3. More secure:

    a. Signed with private keys using Public Key Infrastructure (PKI) technology

    b. Can’t be lost or stolen

    c. Can’t be counterfeit

 

Who is offering the Service?

All retail banks in Bahrain will be providing this service to their customers.

Who is eligible for the E-Cheque service?

All customers eligible for a paper chequebook can obtain an electronic chequebook and issue E-Cheques.

All customers who have a bank account in Bahrain can register for the service to deposit E-Cheques.

How do I apply for the E-Cheque service?

1. Retail Customers

As an individual retail customer you can register for the service using BenefitPay. Active current accounts can be used to request an electronic chequebook and issue E-Cheques, other accounts can be used for depositing E-Cheques.

2. Non-Enterprise Customers

Customers with Joint Accounts, Power of Attorneys, and Single Person Companies can register by visiting a branch and filling in the required forms.

Once registered, customers need to download a dedicated App e:cheque from Benefit to access the service.

3. Enterprise Customers

SMEs, Corporate and Commercial customers can register by filling in the required forms through their Relationship Manager or at a branch.

Once registered, customers need to download a dedicated App e:cheque from Benefit to access the service.

Application Forms to fill:

E-Cheque Customer Registration Request Form

E-Cheque Class Rules Request Form

E-Cheque Authorised Signatory Registration Request Form

E-Cheque Terms & Conditions