This is a non-profitable account that offers various flexible payment methods to allow customers to distribute money directly to others, and is useful for individuals, companies or institutions. This type of account can be opened in Bahraini Dinar or in any one of the three major currencies: US Dollar, Sterling Pound and Euro.
- Free ATM debit card (for personal accounts only).
- Low minimum balance requirement.
- Cheque book facility.
- Local or international remittance facility.
- Standing order facility.
- Easy and quick access to funds.
- Free monthly account statements.
- SMS notifications on account transactions.
- No account opening fees.
- The account can be opened for individuals and legal entities.
- Minimum age to open the account is 21 years.
- Minimum opening balance for Bahraini Dinar account will be BD 100.
- Minimum opening balance for other currencies will be equivalent to BD 100.
- Requirements for Personal Accounts:
- For Bahrainis:
- a) Original Identification (e.g. CPR or Passport)
- b) Proof of address (e.g. driver's license or utility bill)
- For Non Bahrainis:
- a) CPR
- b) Passport with a valid residence permit
- For Bahrainis:
- Requirements Corporate Accounts
- 1. Original CR.
- 2. 2 original IDs from the following:
- a) CPR
- b) Passport
- c) 6 months financial statement.
- d) Article of associations (if applicable).
- e) Board of Resolution (if applicable).
- f) Registration Form.