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Account Services

Current Accounts
Minimum monthly average balances BHD 2,000 or equivalent in foreign currency
Monthly service charge when below average balance BHD 10 or equivalent in foreign currency
Call Deposits
Minimum Balance BHD 10,000 or equivalent in foreign currency
Below minimum balance No interest
Monthly service charge when below average balance BHD 10 or equivalent in foreign currency
Time Deposits
Minimum balance BHD   1,000
USD 10,000
GBP   5,000
Euro 10,000
Below minimum balance No interest
Early withdrawal service charge BHD 40 plus cost of funds (cost of borrowing)
Account Mandate and Maintenance
Change of Account Title BHD 5
Late Fee on Non-Renewal of Expired Account Documents (more than 30 days) BHD 5 per month/per business account
Account Closure
(within 6 months of opening)
BHD10
Reactivation of Dormant / Unclaimed Account BHD 5
Amendment of Signatories Record BHD 5
Account Transaction Charges Per Transaction
Up to 30 cash deposits & 30 cash withdrawal transactions per month Free
More than 30 cash deposits & 30 cash withdrawal transactions per month BHD 1
Deposit / Withdrawal of foreign currency notes 1% (Minimum BHD 5)
in lieu of exchange
Withdrawal without Cheque BHD 2 (per transaction)
Issuance of Certificates
Balance Letter BHD 10
Trade & Credit Information BHD 20
Initial Capital confirmation to Ministry of Commerce (a) BHD 100
Audit Confirmation BHD 27
Duplicate Statements / Document Retrieval
Duplicate Statement (per month) BHD 3 (Upto 3 months old)
BHD 5 (3 to 12 months old)
BHD 10 (Over 12 months old)
Retrieval of Old Record/Transaction BHD 5 (Upto 3 months old)
BHD 10 (3 to 12 months old)
BHD 20 (Over 12 months old)
Other Services
Statement reporting through SWIFT (monthly) BHD 20
Mail Box facility (b) BHD 5 / monthly
Replacement Key for the Mail Box BHD 25
Facsimile Service Within Bahrain: BHD 2 per page
Outside Bahrain: BHD 5 per page

Note:
In addition to the USD, GBP & EURO foreign currency accounts, HSBC also offers accounts in major currencies.
For more information, please contact your nearest branch

a) deduct able on issuance of the certificate
b) subject to availability

Effective January 2009