A new system pertaining to judicial orders related to bank accounts, known as JBOS, will ensure the swift transmission of judicial orders immediately after they are issued by the judge, the Bahrain Association of Banks (BAB) has said.
The system will contribute to reducing the burden of the accumulation of judicial orders and marks a significant improvement in litigation procedures for financial cases, the BAB said, expressing appreciation for the Central Bank of Bahrain’s (CBB) role in the launch of the system, by providing expertise and guidance .