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Private Banking

Ithmaar Bank’s Private Banking Department serves high net worth individuals, family investment offices, corporate entities and Financial Institutions situated in those regions. The Department the provides personalised and private banking services, financial advice, and investment services for high net worth clients and institutions through a close understanding of clients’ needs and an ability to meet these needs proactively.
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CALL US 13 303030
Ithmaar Premier

A banking experience like no other. Celebrate your achievements with a banking experience suited to your level of success. Introducing Ithmaar Premier Banking. More than just a superior bank account, Ithmaar Premier delivers a full compliment of products and services to cover all your financial requirements, with enhanced features and privileges that match your status.
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Products & Services
 
 
CALL US 13 303030
Current Account
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FINANCING CALCULATOR

Kindly use the below calculator to find out the maximum financing amount you are eligible for:


BD
Salaried Bahraini
Salaried Expartiate
Retired
GCC National







DISCLAIMER

The amount mentioned is for indicative purpose only. Please note as per Bank's policy, the maximum amount of BHD 60,000/- is for Bahrain Nationals Only. Maximum finance amount for Expats is BHD 25,000/-. The final finance amount is subject to the documents submitted and final bank approval.

A Current Account gives you maximum financial flexibility with instant access to your funds. This type of account is based on the Sharia concepts of Qard Al Hasan and Wadei’ah and, therefore, does not benefit from any profit payments, as the bank guarantees the repayment of your funds at any time.

By giving priority to customer convenience, we have designed the Ithmaar Bank Current Account to give you total liquidity and access to your funds at all times.

Features

  • Can be opened in Bahraini Dinars, Saudi Riyals, US Dollars, British Pounds, Euro, Qatari Riyal, United Arab Emirates Dirham, Swiss Franc;
  • Current accounts can be opened in the name of individuals, Joint Personal, Sole Proprietorship, Body Corporate, Club, Society or any other legal entity;
  • Cheque books facility available with option of one size;
  • Free Debit card at the time of account opening for individuals, Joint Personal, Sole Proprietorship;
  • Free access to eBanking channels i.e. Internet Banking and Phone Banking.
  • Monthly statement of account
  • Easy money transfer options between your own accounts or to other beneficiaries within Bahrain or overseas.

Requirements

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Deposits and unrestricted investment accounts held with Ithmaar Bank in the Kingdom are covered by the Regulation Protecting Deposits and Unrestricted Investment Accounts issued by the Central Bank of Bahrain in accordance with Resolution No.(34) of 2010.

Document Individual
/ Joint
Sole
Proprietorship
Companies Non-Profit
Organization
Smart card        
Passport (Non-Bahrainis)        
Commercial Registration (CR) or Certificate of Incorporation        
Banking License        
Partnership Agreement (only in case of Partnership Companies)        
Board Resolution        
Memorandum of Association        
Articles of Association        
Smart card of all Authorised Signatories and Passports (for non-Bahrainis)        
List of Directors Names, Country of Residence and Nationality        
Details / Smart cards of the Shareholders Holding more than 20% of the Issued Capital        
Latest Financial Report        
AML/KYC Questionnaire        
Authorized Signatory Booklet        
Approval of the Concerned Authority        

General Criteria

  • Must have an income of min. BD 500 (Bahraini) / BD 800 (Non Bahraini)
  • Applicant must be 21 years old or above
  • Minimum Initial deposit of BD 300 or USD 1000 or EUR 1000 or SR 5000
  • A minimum balance charge of BD 5 or USD 13 or EUR 12 or SR 50 if the average monthly balance is less than BD 300 or equivalent.
Steps :
  1. Download the form
  2. Print the form on standard A4 paper
  3. Complete the form
  4. Prepare supporting documents (For account opening only)
  5. Prepare initial deposit (For account opening only) .Please refer to respective product pages in website for details on required initial deposit or click here for Schedule of Charges
  6. Visit our nearest branch to submit the form and proceed with your request Click here for list of branches
    or APPLY ONLINE


Note: The applicant is required to sign the needful documents (i.e. application form) during his visit to the branch

For more information, please contact our Call Centre or any of our Outlets.

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Click here to Apply Online Or you may call us13 303030