How to open a bank account in Khaleeji Bank

• founded in 2004 in Bahrain, the paid-up capital is BHD 30 000 000 (USD 79 609 000);
• it is licensed by the Central Bank of Bahrain;
• the bank opens settlement and savings accounts, provides Islamic banking services;
• the bank opens corporate accounts only for mainland companies registered in Bahrain, and personal accounts for Bahrain residents and non-residents, provided that the latter are nationals of the Gulf countries;
• for a foreign company to open an account, it needs to have a branch in Bahrain;
• the minimum balance for a settlement account is BHD 3 000* (~ USD 7 960), for a savings account – BHD 200* (~ USD 530);
• available currencies: BHD, EUR, and others;
• pre-approval can be applied for;
• transactions within and outside Bahrain are possible, no restrictions on the destination;
• the bank issues bank cards and cheque books;
• Internet banking in English;
• account opening time: 7 – 10 days.

*The thresholds are indicative and may ultimately differ depending on the service package chosen by the client at the bank.