|
Personal Accounts
|
|
Current Account
|
|
Opening/maintenance balance
|
BHD 100 or equivalent in other currencies
|
|
Minimum Balance Charge
|
BHD 2 per month or equivalent in other currencies
|
|
Savings Account (1)
|
|
Opening/maintenance balance
|
BHD 20
|
|
Minimum Balance Charge
|
BHD 1 per month
|
|
Fixed Deposit
|
|
Minimum Fixed Deposit in BHD
|
BHD 1000
|
|
Minimum Fixed Deposit in other currencies
|
$5000 or Equivalent in other currencies
|
|
Release of Fixed Deposit under Lien
|
Free
|
|
Breaking Fixed deposit before completion
|
BHD 10 or equivalent in other currencies and no interest will be paid
|
|
ATM / Debit Card
|
|
|
Issuance of first ATM Card
|
Free
|
|
Issuance of supplementary or replacement card
|
BHD 3
|
|
ATM Card PIN replacement
|
BHD 3
|
|
BENEFIT Switch ATM
|
200 fils per transaction
|
|
GCCNET ATMs
|
BHD 1 per transaction
|
|
Withdrawal from ATMs located outside Bahrain & GCCNET
|
BHD 2 per transaction plus exchange rate
|
|
Cheques
|
|
|
Issuance of first cheque book (20 leaf)
|
Free
|
|
Issuance of additional 20 leaf cheque book
|
BHD 1
|
|
Issuance of 50 leaf cheque book
|
BHD 2
|
|
Stop Payment
|
BHD 10 per cheque
|
|
Returned cheque
|
BHD 10
|
|
Special Clearing Charges
|
BHD 5
|
|
Standing Order
|
|
|
Transfer within Arab Bank Bahrain
|
BHD 1
|
|
Transfer to other bank in Bahrain
|
BHD 3
|
|
Standing Order not executed due to insufficient fund
|
BHD 1
|
|
Amendment/Cancellation Fees
|
BHD 1
|
|
Outward Remittance
|
|
|
Demand Draft/Manager's Cheque
|
BHD 2
|
|
Cancellation of Demand Draft/Manager's Cheque
|
BHD 3 (excluding correspondent bank charges)
|
|
Inward Remittance
|
|
|
Paid in BHD cash
|
BHD 3
|
|
Paid in Foreign Currency cash
|
1% (min BHD 5)
|
|
To A/C in same currency
|
Free
|
|
To A/C with other local bank in BHD
|
BHD 3
|
|
To A/C with other bank in Foreign Currency
|
1% (min BHD 5 max BHD 25)
|
|
Miscellaneous Charges
|
|
|
Duplicate fixed Deposit Advice
|
BHD 5
|
|
Balance Certificate
|
BHD 5
|
|
No liability/Release letter
|
BHD 5
|
|
Police Letter
|
BHD 5
|
|
Statement Copy
|
|
|
Up to 1 year
|
500 fils/page (Min. BHD 3)
|
|
Over 1 year
|
BHD 1 per page
|
|
Hold Mail
|
BHD 1 per month
|
|
Foreign Currency
|
|
|
Foreign Currency cash deposit
|
0.50% (min BHD 3)
|
|
Foreign currency cash withdrawal
|
1% (min BHD 5)
|
|
Personal Loans (2)
|
|
|
Processing fee
|
BHD 50
|
|
Early repayment charges
|
1% of the outstanding loan amount or BHD 100 whichever is lower
|
|
Installment deferment charges
|
BHD 25
|
|
Rescheduling
|
BHD 25
|
|
Issuance of Loan Balance/Release Certificate
|
BHD 5
|
|
Insurance fee
|
400 fils per thousand of sum insured per
month (min BHD 50)
|
|
Mortgage Loans
|
|
|
Processing fee (new/top-up)
|
1% from loan amount (Min. BHD 250 )
|
|
Early repayment charges
|
0.75% of the outstanding loan amount or BHD 200 whichever is lower
|
|
Auto Loan
|
|
|
Processing fee
|
BHD 100
|
|
Early repayment charges
|
1% of the outstanding loan amount or BHD 100 whichever is lower
|
|
Credit Cards
|
|
|
Late Payment
|
BHD 5*
|
|
Over Limit
|
2% (min BHD 5*)
|
|
Card Replacement
|
BHD 5
|
|
Statement Reprint
|
BHD 2
|
|
Sales Voucher Retrieval
|
BHD 5
|
|
Dispute Charges
|
BHD 5
|
|
*Applicable, if minimum payment is not made before the payment due date
**Applicable, if the statement closing balance is not completely settled before the payment due date
|