National Bank of Bahrain
Time Deposit

Below are the deposit rates as of 1st May 2023

AED Deposit rates per annum

For AED 3 Million deposit value, 4.67% for corporate or individual customers
For AED 6 Million deposit value, 4.81% for corporate or individual customers
For AED 12 Million deposit value, 4.80% for corporate or individual customers

AED Deposit rates per annum

For USD 3 Million deposit value, 4.83% for corporate or individual customers
For USD  6 Million deposit value, 4.89% for corporate or individual customers
For USD 12 Million deposit value, 4.80% for corporate or individual customers

Corporate: Deposit value starting at AED1Million (eqv for USD)
Individual: Deposit value starting at AED250,000 (eqv for USD)

Above rates are as of 1st May 2023. These are subject to change and customers are requested to always refer to the bank for the final rates while opening the deposits. Soulwallet provides the rates as of a specific date on a best effort basis and these should always be verified with the bank prior to opening accounts.

Valid UAE Residency Visa
Valid UAE Emirates ID
Minimum Age of 21 

Below are some of the documentaiton rquired

Account Opening Form
Passport, Visa and Emirates Id copies
Trade Licence. MOA copy for coroporates
FATCA Forms

Best in market interest rates
Available in multiple currencies -AED, BHD, USD, GBP & EUR
Flexibility of term – 1, 2, 3, 6, 9 and 12 months

These deposits are available for Corporates starting from a minimum of AED 1 Million or equivalent in USD and AED 250,000 or equivalent in USD

Below are the deposit rates as of 1st May 2023

AED Deposit rates per annum

For AED 3 Million deposit value, 4.67% for corporate or individual customers
For AED 6 Million deposit value, 4.81% for corporate or individual customers
For AED 12 Million deposit value, 4.80% for corporate or individual customers

AED Deposit rates per annum

For USD 3 Million deposit value, 4.83% for corporate or individual customers
For USD  6 Million deposit value, 4.89% for corporate or individual customers
For USD 12 Million deposit value, 4.80% for corporate or individual customers

Corporate: Deposit value starting at AED1Million (eqv for USD)
Individual: Deposit value starting at AED250,000 (eqv for USD)

Above rates are as of 1st May 2023. These are subject to change and customers are requested to always refer to the bank for the final rates while opening the deposits. Soulwallet provides the rates as of a specific date on a best effort basis and these should always be verified with the bank prior to opening accounts