Khaleeji Bank launches Visa+ mobile money transfers across GCC
By Gloria Methri
Khaleeji Bank, an Islamic financial institution in Bahrain, has introduced Visa+. This new digital money transfer service allows users to send funds across GCC countries using only the recipient’s mobile number. This marks Khaleeji Bank as one of the first in the region to roll out the innovative service, highlighting the bank’s commitment to modernising financial services and driving digital transformation.
The Visa+ service enables Khaleeji Bank customers to transfer money to Visa debit and prepaid cardholders in neighbouring GCC states without the need to share sensitive information such as 16-digit card numbers or IBANs. This ensures greater security and convenience for users, reducing friction in cross-border transactions.
Commenting on the launch, Ameera Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated, “As a bank that consistently leads in delivering the latest innovations to our clients, we are proud to launch the Visa+ service, which represents a transformative shift in the world of money transfers. At Khaleeji Bank, we believe in offering modern, secure, and intuitive banking solutions that align with our customers’ evolving needs and aspirations.
This service enables customers to send money effortlessly to Visa cardholders across the GCC using just a mobile number—no card details or account numbers required. It is a simple, secure, and fast transfer experience. We invite all our clients to explore this unique feature, which reflects the future of digital banking transactions.”
Visa+ is designed to improve user privacy and streamline peer-to-peer (P2P) payments, cross-border remittances, and loan disbursements. By removing the need for traditional account or card details, the service enhances both the user experience and transaction security.
The launch reinforces Khaleeji Bank’s role in Bahrain’s Islamic banking sector, continuing its mission to offer modern, Sharia-compliant financial services tailored to the evolving needs of individuals and businesses.
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