Current Account in Bahrain

GuestPoster45144 · 2017-04-06T16:14:10+02:00

Discover advice on opening a current account in Bahrain. Get recommendations for banks in Manama that suit expats' needs for salary deposits and ATM access.

GuestPoster45144 Guest

GuestPoster45144Guest06 April 2017 14:14:10

Dear 玩偶姐姐s,

I need advice on banks in Bahrain. I need a basic current account - just to receive local salary and to get cash from ATMs.

Any insights, recommendations and information are much appreciated.

logicalindian Bahrain Expert

Member since 01 May 2013

logicalindianBahrain Expert06 April 2017 19:52:19

3471

Hi,

Its a personal choice here, most of the bank have a similar setup, i have been banking with ahli united and standard chartered. Keep in mind to choose a bank which is close to your workplace or home, so that you can visit it quickly if the need arises.

T&R

ogzcmn Active member

Member since 23 November 2014

ogzcmnActive member10 April 2017 10:27:48

Hi, i have opened on BBK and it seems like good. I can advise.

capriole Active member

Member since 26 September 2012

caprioleActive member04 May 2017 14:27:28

Hi ,

The only difference between a savings account and a current account in most banks is the issuance of a cheque book with the current account. If that is not a requirement for you then a savings account will suffice for what you need (ATM debit card, salary and web banking).

PhilTay Member

Member since 13 July 2016

PhilTayMember07 May 2017 08:24:16

I use HSBC for a couple of reasons, this is only my opinion I do not profess to be an expert

1. It is easy to transfer to my UK account
2. Their web banking is better
3. I can pay off the credit card easier than other banks
4. Other bank services (loans etc.) are easier to set up

Mythril Contributor

Member since 16 August 2013

MythrilContributor07 May 2017 08:53:48

110

PhilTay wrote:
I use HSBC for a couple of reasons, this is only my opinion I do not profess to be an expert

1. It is easy to transfer to my UK account
2. Their web banking is better
3. I can pay off the credit card easier than other banks
4. Other bank services (loans etc.) are easier to set up

I also use HSBC and pretty much agree with all of the above, my only criticism of HSBC is that the ATM/Debit card doesn't work online, therefore have to use their credit card for online purchases.

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GuestPoster45144 Guest

GuestPoster45144Guest08 May 2017 08:45:48

PhilTay wrote:
1. It is easy to transfer to my UK account

easy but, from my experience in Saudi with SABB, very very expensive.

Have you ever done a comparison between BFC, say, and the HSBC online transfer rate.

I haven't found a rate better than BFC in Bahrain so if anyone has a source to share, please do.