Fawri+ is a bank transfer payment method in Bahrain facilitating account-to-account transfers between customers of participating banks.

Using the IBAN number of the recipient, customers can make low-value bank transfers of up to BD1,000 per day via internet or mobile banking or in-branch.

Fawri+ is a near-real-time system and funds are available to the beneficiary in less than 30 seconds, 24x7x365.

Type Bank transfer
Company behind LPM Central Bank of Bahrain
Market share details Fawri+ is part of the Electronic Funds Transfer System (EFTS) launched in December 2015 by the Central Bank of Bahrain and the Benefit Company. It has strong local support.
Market relevance High
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