Al Salam Bank recently announced the launch of its prepaid
card in Turkish Lira, enabling clients to easily top up and make transactions
in the currency while travelling to Turkey, or shopping online. Also available
in Bahraini Dinars, US Dollars, Euros, and Pound Sterling, the prepaid card
comes as the latest addition to the Bank’s suite of multi-currency prepaid
cards, and is the first of its kind to be offered in Turkish Lira in the
Kingdom of Bahrain.
The launch of the prepaid card in Turkish Lira comes as a
part of Al Salam Bank’s ongoing commitment to meeting its client’s needs
through the provision of a payment solution for the leading touristic
destination, Turkey. The card ultimately enhances clients’ travel budget
management by facilitating direct payment, eliminating the need to carry cash,
and the advantage of paying in currency without incurring additional exchange
rate fees. The card can also be used for online purchases, as it provides a
secure payment solution for online stores.
Al Salam Bank offers a range of top-up methods for clients
using any of the Bank’s multi-currency prepaid cards. Top up may be facilitated
through the Al Salam Bank App., website, ePayment portal, any of the bank’s
ATMs or by visiting a branch.
Commenting on the launch, Mr. Mohammed Buhijji, Head of
Retail Banking at Al Salam Bank, said, “We are pleased to be launching our
prepaid card in Turkish Lira to Al Salam Bank’s clients in the Kingdom of
Bahrain. Through this unique product, we aim to enable a larger segment of our
clients to benefit from carrying out their transactions in foreign currencies
while travelling and shopping online. With Turkey being a favourite tourist
destination amongst our clientele, the provision of a prepaid card in Turkish
Lira was a natural step. This comes in line with our ongoing commitment to
providing clients an integrated banking experience, enhanced by high-end,
seamless services tailored to their needs. Ultimately, the prepaid card is
designed with our client’s convenience in mind, as it is a safe and secure
payment solution, eliminating the need to carry cash in lieu of a global
pandemic.”
The prepaid card additionally aims to raise financial
awareness amongst clients, particularly the Bank’s younger clientele. The cards
serve as a means to manage expenses and establish a budget, during travel.
Clients may apply for any of the multi-currency prepaid card from Al Salam
Bank, wherein each card can be used for a single currency.