Expatriate workers entering Bahrain will now receive IBANs as part of a new scheme by the Labour Market Regulatory Authority (LMRA), in collaboration with the Central Bank of Bahrain and the private sector. His Excellency Nibras Mohammed Talib, CEO of the LMRA and Chairman of the
Expatriate workers entering Bahrain will now receive IBANs as part of a new scheme by the Labour Market Regulatory Authority (LMRA), in collaboration with the Central Bank of Bahrain and the private sector.
His Excellency Nibras Mohammed Talib, CEO of the LMRA and Chairman of the National Committee to Combat Trafficking in Persons, explained that this initiative aims to enhance digital banking transactions, safeguarding all parties involved by facilitating wage payments through banking channels.
The issuance of IBANs for expatriate workers arriving via Bahrain International Airport (BAH) began at the start of August, as part of a coordinated effort with the private sector.
This measure is intended to provide additional support to employers in implementing digital wage payments. It ensures proper documentation of payment transactions, reduces legal disputes related to wage payments, and speeds up the resolution of litigation cases.
Talib mentioned that upon arrival at Bahrain International Airport, expatriate workers will be informed about the option to activate the bank account linked to the issued IBAN, allowing them to make the most out of this service.
For further information and inquiries, please visit the Authority's website at www.lmra.gov.bh or contact the LMRA Call Centre at 17506055.
