EFT Terms & Conditions

1. Vendors will be advised of transfers made.

2. Request for bank transfer shall cover all payments including Government Payments (Projects and Recurrent).

3. Vendor's name as per this request should agree with the name per bank records.

4. Request for bank transfer should be signed by the vendor or an authorized person.

5. The form must be authenticated by the bank.

6. Any change to information related to this system should be requested via an official letter signed by the vendor or an authorized person. Changes to our records will be completed within ONE week from the day of receipt such a request.

7. Ministry of Finance and National Economy will not be held responsible for Commercial Bank if you use this system (Electronic Fund Transfer) as a collateral for loans or other bank facilities.

8. All correspondence should be addressed to the Director of Treasury Directorate in Ministry of Finance and National Economy at the following email address: vendors@mofne.gov.bh If you have any inquiries, please e-mail us on the above email.