FEATURES

Currencies


Open an Offshore Deposit in a choice of three currencies – USD, GBP, EUR

Interest rate


Earn competitive interest rates on Offshore Deposits

Choose between fixed and floating rates

Get interest pay out on maturity only

Tenure


Get flexibility with tenures between 1 month and 5 years

Currency switching


Switch between currencies at any time during tenure

Renewal


Opt for automatic renewal and forget the hassle of sending maturity instructions

Minimum deposit


A minimum deposit of BD7 million per deposit is applicable for Bahrain residents

Tax


No tax will be deducted at source

Account holding


You can hold the account with up to three joint holders

Companies can also hold an Offshore Deposit

ELIGIBILITY

RATES