Fawateer Payment
The BIBF has now activated the “Fawateer Payment” services through partner banks to enable students/learners to pay programme fees through online channels.
Fawateer is an electronic bill presentment and payment, which enables any entity in Bahrain to accept and process online payments of any outstanding bill or fee. Through this system, you can enquire, access, and pay single or multiple bills to billers registered with the programme by selecting the biller or entering the biller’s ID, Customer’s ID and any additional information as required by the biller.
Fawateer was introduced by the Central Bank of Bahrain (CBB). It aggregates bills from multiple billers and presents those bills to the individuals or entities in a single interface. Fawateer provides real-time bill payments that can easily be settled within 30 seconds. The combined services offers students easier access, faster processes and virtually no mistakes. The service, from a wider perspective, reinvents the way the Bahraini financial sector operates and will ultimately save time for both bank employees as well as end users.
The BIBF is the first training provider in the Fawateer services. The system is active 24 hours a day, seven days a week, 365 days a year. It will facilitate students’ access to pay programme fees without visiting our premises.
Customers/corporates can use Fawateer services by visiting their banks’ branches, internet banking (retail and corporate), in addition to their banks’ mobile banking and applications.