Bahrain · Business Banking

Opening business and personal bank accounts, remote options, required documents, and fees.

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The Central Bank of Bahrain is the single regulator for the whole financial sector — retail and wholesale banks, insurers, investment firms and payment providers — which is why Manama hosts many regional banking operations. Opening a personal account generally needs a residence permit and a Bahraini ID card (CPR), so new arrivals usually open one once their residence is issued, and employers pay salaries into it through the Wage Protection System. A Bahraini IBAN has 22 characters. Complaints about a licensed firm go to the firm first and then to the Central Bank's consumer protection unit.

  • The Central Bank of Bahrain regulates banks, insurers and other financial firms as a single regulator.
  • A personal account usually needs a residence permit and a CPR identity card.
  • A Bahraini IBAN has 22 characters.

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