Current Accounts are based on the principle of Qard, whereby the customers are guaranteed repayment of their funds on demand but do not receive profit on their balances.
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Can be opened in Bahraini Dinars, Saudi Riyals, US Dollars, Sterling Pounds and Euro; |
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Current accounts can be opened in the name of individuals, Joint Personal, Sole Proprietorship, Body Corporate, Club, Society or any other legal entity; |
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Cheque books facility available with option of two sizes; |
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Free ATM card at the time of account opening for individuals, Joint Personal, Sole Proprietorship; |
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Free access to eBanking channels i.e. Internet Banking, Phone Banking and SMS Banking. |
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| Requirements |
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Individuals:- |
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Copy of CPR + Passport |
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Salary certificate or pay-slip (minimum Salary of BD 500 for Bahrainis and BD 800 non Bahrainis) |
Companies:- |
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Copy of CPR + Passport |
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Memorandom and Articles of Association |
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Board Resolution appointing the authorized signatories |
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Valid C.R. (Commercial Registration). |
Establishments:- |
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Copy of CPR + Passport |
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Valid C.R. (Commercial Registration). |
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| General Criteria |
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Applicant must be 21 years old or above |
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Minimum Initial deposit of BD 100 or USD equivalent |
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A minimum balance charge of BD 3 if the average monthly balance is less than BD 100 or equivalent. |
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For more information, please contact our Call Centre or any of our Outlets.
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