| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
BisB Current Account
|
Minimum Balance: BHD 300 | Annual Fee: BHD 0 | Internet Banking: No | Features: Free Cheque Book, Multiple Currencies, No Salary Transfer |
BisB Current Account is a profit-free account specifically designed to meet the requirements of the Bank’s customers. Accountholders can deposit and withdraw money by cheque, at branch counters and through ATMs. Such accounts are also available to private companies and businesses, social organizations, clubs, and other organizations.
BisB Current Account Features:
BisB Current Account Features:
- Cheque book.
- ATM card - Use of ATM card for payment of the value of purchases made at many shops, businesses or retail outlets in Bahrain AND Use of ATM card throughout the GCC with the use of GCCNET, in addition to other countries such as Iran, Jordan, Lebanon and Egypt.
- Monthly statement of account.
- Internet and Phone Banking services for transfers between accounts payments and more.
- For all accounts monthly internal transfer in favour of charitable societies free of charge.
- Standing order (Fixed monthly transfers).
- Domestic and overseas transfer.
- Possibility of opening the account in different branches.
- Available in Bahraini Dinars and US Dollars
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
