BBK Current Account is designed to be flexible in order to deliver brighter solutions to help you manage your finances better every day. Easy to open, their Current Account helps you to budget better with immediate bill payments and can be accessed through any one of their electronic banking channels.
BBK Current Account Features:
BBK Current Account Features:
- Minimum balance should be BHD 300
- Initial Deposit should be BHD 300
- Free cheque book
- Can be maintained in any major international currency, including Bahraini Dinars, Saudi Riyals, Kuwaiti Dinars, Omani Riyals, Qatari Riyals, UAE Dirhams, US Dollars, GBP, Euro, Swiss Francs and Japanese Yen.
** 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.