Strategic Partnership

Strategic Partnership

BFC Corporate saves you valuable time and resources by simplifying the fee collection processes for schools, universities and other institutes. With the growing demand for quick payment services, BFC Corporate offers a convenient solution by offering students and parents the option of paying their fees securely and on time through any of BFC’s branches across Bahrain or online via Smart Money. The funds would be transferred to the school, university or institute’s account the following day.

Rent Collection Services

BFC Corporate makes the process of rent collection easy for landlords and agents (property management companies) by providing tenants the facility to pay their monthly rent at any of BFC’s branches across Bahrain or online via Smart Money. The funds would be transferred to the landlord or agent’s account the following day.

Safe Remittence
Eliminates Risk and takes the responsibility of safely remitting funds
Eliminate Expense
Eliminates Added Expenses of rent collection
Quick Collections
Quicker Rent Collections through BFC extensive branch network or via online transfers
Receipt
Immediate Receipt Acknowledgement for the Tenant
Daily Report
Daily Report Generation to make it convenient to reconcile accounts

Fee Collection Services

BFC Corporate saves you valuable time and resources by simplifying the fee collection processes for schools, universities and other institutes. With the growing demand for quick payment services, BFC Corporate offers a convenient solution by offering students and parents the option of paying their fees securely and on time through any of BFC’s branches across Bahrain or online via Smart Money. The funds would be transferred to the school, university or institute’s account the following day.

Benefits

  • Streamlined and efficient method of payment
  • Better account management
  • More security with less cash on premises
  • User-friendly interface
  • Safe and secure fee collection
  • Quick and timely payments
  • Convenience for your customers as they can pay online at any time

Our Clients

Sacred Heart School
Royal University for Women
New Millennium School
The Indian School
British School of Bahrain
VAT Notice

Starting from 1st July 2019, BFC’s products and services shall be subject to 5% value added tax (VAT) in accordance with the laws and regulations of the National Bureau for Revenue – Kingdom of Bahrain.

Should you require more information on VAT, please visit the website of the Ministry of Finance & National Economy at https://www.nbr.gov.bh

VAT shall appear on your invoices (Please refer to BFC’s General Terms and Conditions for more information). Should you have any queries, please do not hesitate to contact us.

BFC VAT Reg. No. 200000406500002

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