AFAQ is a regional payments system provided by Gulf Payments Company in cooperation with Saudi Central Bank to execute financial transactions in GCC local currencies, in a short period of time with competitive pricing within a safe and stable ecosystem.
AFAQ Payment system benefits:
- Conducting transfers to and from beneficiaries within the Gulf countries*
- Competitive pricing fees
- Fast and secured transfers
Bank AlJazira customers can benefit and use AFAQ system in their transfers to beneficiaries in participating banks in the Gulf through SMART application or AlJazira Online from the International Transfers menu.
For more information please Click Here or visit the Gulf Payments website
*Terms and Conditions apply
*Financial transactions are currently available on Saudi Arabia and Bahrain and other Gulf countries are going to join soon.