HSBC Bahrain Term deposit account
- Period of deposit can range from 1-2 weeks to 12 months.
- Flexibility to use multiple currencies.
- Any resident or nonresident can go for opening a deposit account.
- Automatic rollover facility is available upon the maturity of the deposit.
- Minimum balance should be BHD 1000, USD 1000, GRP 5000, EURO 5000.
- Deposits can be done for a pre-specified period of time at a fixed interest rate
- Passport CPR card
- Deposit account can be opened in the name of minors as well.
- Interest is paid on the maturity and can be added to principal account or to a separate account by cash/ cheque etc.,
Being one of the world’s largest banking and financial organizations HSBC provides retail banking, wealth management, commercial banking, global banking and market to over 38 million customers all over the world. It has its presence in 66 countries and territories in Europe, Asia, Middle East, Africa, Latin, and North America.