New system boost for judicial orders
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.
Additionally, the association acknowledged the efforts of the Justice, Islamic Affairs and Endowments Ministry in launching and managing the JBOS system, and achieving the aspirations of Bahraini banks and their customers.
It is important to note that the new JBOS system is now fully managed by the ministry and has replaced the previous account suspension and cancellation system, known as BUB, which was previously managed by the CBB.
According to Dana Al Zayani, under-secretary of planning, family conciliation and alimony at the Justice, Islamic Affairs and Endowments Ministry, the introduction of a new electronic system for judicial matters related to financial transactions is part of the ministry’s commitment to leverage digital transformation in order to enhance services for all customers.
The system is expected to increase flexibility, transparency and speed in the overall process of procedures.
The new system replaces the electronic letters previously sent by the courts directly to banks for the transfer of funds. It provides information on the amounts that must remain in individuals’ accounts, and it automatically sends an order to cancel the seizure of the amount and debit the individual’s bank account immediately after the bank’s response to the court order.
Source: https://www.gdnonline.com/Details/1240474/New-system-boost-for-judicial-orders