Real-time money transfers between India and Bahrain are set to become faster and easier. NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India, has partnered with Bahrain’s BENEFIT Company to enable cross-border remittances between the two countries.
The new system will connect India’s Unified Payments Interface (UPI) with Bahrain’s Electronic Fund Transfer System (EFTS), specifically the Fawri+ service, allowing users in both nations to send and receive money instantly and securely.
Established under the guidance of the Reserve Bank of India (RBI) and the Central Bank of Bahrain (CBB), this collaboration marks a significant step toward improving cross-border payment connectivity. It aims to make remittances faster, cost-effective

CNBC-TV18

TheNewsMill
Medical Dialogues
The Times of India
The Tribune
Telangana Today
Ommcom News
The Print
The List