Let R be a hereditary noetherian prime ring ((hnp)-ring) with enough invertible ideals. Torsion modules over bounded (hnp)-rings were studied by the author in [10; 11]. All the results proved in [10; 11] also hold for torsion R-modules having no completely faithful submodules. In Section 2, indecomposable injective torsion R-modules which are not completely faithful are studied, and they are shown to have finite periodicities (Theorem (2.8) and Corollary (2.9)). These results are used to determine the structure of quasi-injective and quasi-projective modules over bounded (hnp)-rings (Theorems (2.13), (2.14) and (2.15)).