Classic Savings Account

Classic Savings Account
Current Account
What is the BisB Current Account?

It is a profit-free account specifically designed to meet the requirements of the Bank’s customers. Accountholders can deposit and withdraw money by cheque, at branch counters and through ATMs. Such accounts are also available to private companies and businesses, social organizations, clubs, and other organizations.

What are the features of this account?
  • Cheque book.
  • ATM card.
  • Monthly statement of account.
  • Internet and Phone Banking services for transfers between accounts payments and more.
  • For all accounts monthly internal transfer in favour of charitable societies free of charge.
  • Standing order (Fixed monthly transfers).
  • Domestic and overseas transfer.
  • Available in Bahraini Dinars and US Dollars.
Savings Account
What is the BisB Savings Account?

BisB’s Savings Account is designed specifically to meet the requirements of customers who authorize the Bank to invest their cash deposits. Customers can deposit or withdraw money at any time they wish. Profit is calculated on monthly average balances and credited to the customer account at half yearly at the rate declared by the Bank. The Bank’s profit sharing rate makes this account the best of its kind in the market.

What are the features of this account?
  • ATM card.
  • Exclusive local and international seasonal offers from Visa.
  • Phone Banking and Internet Banking services for transfers between accounts payments and more.
  • Domestic and overseas money transfer service.
  • For all accounts monthly internal transfer in favour of charitable societies free of charge.
  • Standing order (Fixed monthly transfers).
Eligibility

The general criteria to opening a savings account is detailed below:

  • Age of applicant: applicants should exceed the age of 18.
Required Documents

To apply for a savings account, applicants must provide the following documents:

  • Two valid Identifications
3D Secure Service

To further protect cardholders from fraudulent eCommerce transactions, Bahrain Islamic Bank (BisB) enforces the 3D Secure Service on any online transaction made using BisB Debit or Credit Cards.

3D Secure is an authenticated payment system to improve the security of online transactions. The objective of this service is to provide a safe and secure online payment experience using a One Time Password (OTP) sent by BisB to cardholders through SMS. Cardholders will then have to use this password to securely complete their transaction.

Participating 3D Secure retailers are identified through the “MasterCard SecureCode” or the “Verified by Visa (VBV)”.

How it works

Once the OTP is correctly entered when making a purchase at a participating online merchant, you confirm that you are the authorized cardholder and your purchase will successfully be completed.

How to benefit from this service?

The OTP is sent to the registered mobile number of the cardholder at the Bank. Cardholders are required to ensure that all contacts listed under their card account are updated.