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The Ministry of Industry and Commerce Urges All Commercial Establishments to Apply Resolution No. (43) of 2024 Regarding Payments for Commercial Transactions

The Ministry of Industry and Commerce Urges All Commercial Establishments to Apply Resolution No. (43) of 2024 Regarding Payments for Commercial Transactions
19-04-2025

The Ministry of Industry and Commerce calls on all commercial establishments in the Kingdom of Bahrain to start taking necessary steps to comply with Resolution No. (43) of 2024 regarding commercial transactions of commercial establishments before the deadline on June 13, 2025.

The resolution binds all existing and new commercial establishments to open a commercial bank account with one of the licensed banks in the Kingdom of Bahrain, and provide a reliable e-payment method, such as electronic payment systems, point of sale (POS) devices, or electronic payment gateways.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, said: "We are entering a new phase of financial and commercial development in Bahrain, and we call on all businesses to seize this opportunity to upgrade their business and adopt modern payment systems that provide security and efficiency." "Resolution No. (43) of 2024 is not just a legal obligation, but a step towards improving financial operations and enhancing transparency. We urge all enterprises to take the initiative immediately, to ensure a smooth transition towards a safer and more advanced financial system.

For more information, you can visit the Ministry's website https://www.sijilat.bh or call 80008001.