TNPSC Thervupettagam

UPI and Fawri+

November 19 , 2025 13 hrs 0 min 23 0
  • National Payments Corporation of India and Bahrain’s BENEFIT have partnered to link the UPI with Bahrain’s Electronic Fund Transfer System through the Fawri+ service.
  • The system will allow users in both countries to send and receive money instantly and securely under the guidance of the RBI and the Central Bank of Bahrain.
  • The collaboration builds on the 2019 MoU and commitments made during the 2024 India–Bahrain High Joint Commission Meeting.
  • The partnership is expected to strengthen economic ties, support financial inclusion, and deepen people-to-people connectivity.
  • Bilateral trade between India and Bahrain stood at USD 1.64 billion in 2024 to 2025.

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