| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
Future Bank Current Account
|
Minimum Balance: BHD 150 | Annual Fee: BHD 0 | Internet Banking: No | Features: Free Cheque Book, Phone Banking, No Salary Transfer |
Future Bank current account is ideal for carrying out day to day business transactions.
Future Bank Current Account Features:
Future Bank Current Account Features:
- Minimum salary required is BHD 100
- Account can be opened in Bahraini Dinars or other currencies acceptable to the bank.
- Can be opened in joint names
- Minimum monthly average balance of BHD 150
- Monthly statement of account mailed free of cost
- Withdrawal / deposit could be made from any of the branches, no matter where you choose to keep your account.
- Chequebook facility (first chequebook free)
- Customized cheque books at nominal cost
- Free ATM card with benefit and GCC network
- Free Telephone Banking and SMS Service
- Cheque collection facility (Local & Foreign)
- Facility to transfer funds at nominal charges
- Execution of standing orders at nominal charges
** 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.
