Kuwait Finance House – Bahrain (KFH-Bahrain) has launched a specialized service for the collection and delivery of trade finance documents directly between clients’ premises and the bank.
The service aims to enhance transaction efficiency, provide a more flexible and seamless banking experience, and support the continuity of companies’ commercial operations with efficiency and stability.
This initiative is part of the ongoing effort to enhance banking services for the corporate sector, offering secure and innovative solutions that streamline financial and commercial operations, while ensuring business continuity in all circumstances.
Further, this KFH-Bahrain service represents a valuable addition to the bank’s suite of corporate banking services, enabling clients to request the collection or delivery of documents related to trade finance transactions (under Letters of Credit and Guarantee) directly from their business premises without the need to visit bank branches, in addition to delivering the required documents back to the clients’ premises.
Commenting on the launch, Mohamed Asem, Deputy Group Chief Executive Officer – Corporate Banking at KFH–Bahrain, said that, “The trade finance document collection and delivery service represents a valuable addition aimed at simplifying procedures related to handling original documents for trade operations, saving our clients time and efforts while providing them with a more seamless banking experience.”
“This unique service has been designed to provide the highest levels of flexibility and convenience for our clients, particularly in situations that require the exchange of physical documents with the bank or with relevant official entities. It also represents one of the initiatives that support business continuity, especially in exceptional circumstances that may limit mobility. We continuously strive to provide practical solutions that enhance businesses’ ability to manage their operations with flexibility and sustainability,” Asem added.
