Obtain our financial services in the Kingdom of Bahrain
An HBTF branch was inaugurated in Bahrain on the 19th of February 2003 with a capital amounting to 15 million dollars. We have recruited highly experienced team to manage this branch so as to serve you in the best means possible. Our staff in Bahrain consists of 26 employees, with expectations to boost this figure in the near future. The branch is located in Manama Center, Government Avenue, Bahrain.
What are the personal services and banking products that HBTF offers through the Bahraini branch?
HBTF branch in Bahrain offers a wide array of services and products to help you fulfill your needs and achieve your aspirations. They are presented in the below paragraphs.
First: Personal Banking [Retail Services]
Our strategy revolves around the slogan “Customer Always Comes First”. That’s why HBTF was able to attain a leading rank in the local retail banking services market, which is currently witnessing sharp growth in Jordan. We aspire to achieve the same rank in the Kingdom of Bahrain through our diverse services.
At HBTF, our personal banking division offers you an array of products and services that would assist you in sorting out your finances and in overcoming many financial related issues. Those include:
1. Credit Cards.
2. ATM Cards.
3. Safe Deposit Boxes.
4. Issuing and clearing cheques
5. Issuing drafts and wiring transfers
6. Opening and maintaining accounts for customers (Current, Saving and Term Deposits).
7. Money exchange.
8. Western Union Transfers .
1. Credit Cards: Credit cards, which could be used for shopping or covering meeting your financial needs and covering your expenses, thus giving you extra time to pay back what’s been charged on your card. It is a convenient method of payment that helps you manage your finances with the security needed to respond to financial emergencies. Credit cards come with several advantages:
·Accepted at over 20 million outlets throughout the world.
·Interest free on purchases available if the outstanding balance is fully settled in due date.
2. ATM Cards: the Bank has obtained EMV smart chip technology which is considered the most secured banking card technology in the time being. The customers now can withdraw cash from any globe ATM machine bearing Visa logo in addition to GCC network.
3. Safe Deposit Boxes: Utilize HBTF safe deposit Box service to protect your valuable belongings from loss or theft. You get the following benefits while using this service:
·Safekeeping of your valuable jewelry , important contracts as well as your documents.
·The boxes available at our branches come with different sizes to suit different requirements.
·You can arrange for someone else to access the safe box.
Note: The box needs two keys to open as it has two locks. You will be given one while the other is kept with the bank.
4. Issuing and clearing cheques: This service enables you to deposit and clear cheques using your account.
5. Issuing drafts and wiring transfers: You can issue your drafts and wire your transfers to any country in the world.
6. Opening and maintaining accounts for customers (Current, Saving and Term Deposits): The Housing Bank for Trade & Finance provides all types of deposits services in Bahraini Dinar and major foreign currencies, at high quality and competitive rates. These accounts include:
a- Current Accounts: All customers can deposit and withdraw cash from this account at any time. HBTF Current Account is designed to suit the needs of all our customers, especially if they are categorized among the corporate segment like merchants and companies. This account helps our customers to attain personal banking services that shorten the distance between them and the bank wherever they are. This account provides you with the following benefits:
·Getting a Cheque Book.
·Getting a Detailed Monthly Statement of Account.
·Getting an ATM Card.
b- Saving Account: The Saving Account suits all those customers who wish to save money for their family and achieve financial security in the future. Saving Accounts at HBTF Bahraini Branch is very competitive and provides you with immediate liquidity when needed yet with good return. This account provides you with the following benefits:
·Getting an ATM Card.
·Competitive interest credited to your saving account periodically.
·Getting a periodic statement of account.
·Prizes are paid in cash .
c. Term Deposits: This account is designed for any individual who wishes to save a certain amount of money for a reasonable period of time. The customer understands that this money is tied up during a fixed term and accordingly can’t be tapped before the end of the term. The Term Deposit Account guarantees growth of your funds through competitive interest rates. This account provides you with the following benefits:
·Your tied up balance will grow, as it will be credited with interest income.
·You can obtain different loans and facilities with this account being the collateral.
7. Money exchange.( The Bahrain Branch executes money exchange services at competitive prices and supply foreign currencies as per the request of the clients.)
Second: Electronic Channels Services:
Get our services with maximum convenience using our E-channels
Through our e-channels, HBTF strives to provide customers with the convenience they deserve by offering them a 24 hr 7 days a week service. HBTF has invested in adopting the latest banking technologies to provide you an alternative for fast and convenient delivery of banking services electronically with absolute confidentiality, privacy and security on all transactions made using the most advanced E-channels. E-channels include:
Phone / Mobile Banking System.
ATM Services
Transfers Service
Online Money Transfer to HBTF customers in Jordan.
Internet Banking
1. Phone / Mobile Banking System: HBTF adopted latest technologies for the purpose of providing convenience and comfort to its customers. Through this service you can:
·Get balance inquiry on all your accounts using Phone, Mobile, and Fax.
·Get a statement of account using Phone, Mobile, and Fax.
·Request a cheque book.
2. ATM Services: You can access many services through our ATM network in the most convenient ways possible. ATM services include:
·Cash withdrawal from your account.
·Balance Inquiry.
·Depositing cash or cheques into any of your accounts.
·Brief statement of your accounts.
·Detailed statement request sent to you by mail.
·Cheque book request.
·PIN code change.
·With new EMV ATM chip cards, it enables you not only to withdraw cash from GCC Network, but also from any other globe ATM machine bearing Visa logo.
3. Transfers Service: You can transfer your money to any bank in the world, and you can receive any transfer from our bank as per central bank of Bahrain (CBB) regulations.
4. Online Money Transfer to HBTF customers in Jordan: Through our efficient services, you can transfer money from your HBTF account in Bahrain to your HBTF account in Jordan on spot and at any given time.
At HBTF, we employ the latest technology and technical infrastructure to provide you the best services.
5.Internet banking service: you can use this technology to execute any of the following transactions:
·Balance enquiry on spot.
·Transfer between your own accounts.
·Account statement request.
·Cheque book request.
Third: Banking Facilities
HBTF branch in Bahrain excels in offering cutting-edge services through hiring highly trained and experienced banking professionals. The bank strives to create value by providing a wide range of products and services to all sectors and customer base.
HBTF services enable customers to conduct their banking transactions with great convenience. Among these services:
Private Lending Programs.
Trade Finance.
1. Private Lending Programs: HBTF branch in Bahrain provides these programs in order to boost trade exchange and help individuals and corporations in launching their projects successfully and at ease. These programs provides the following loans:
a- Corporate loans: Which includes:
·Working Capital Financing
·Project Financing
·Term Financing (Real Estate and Construction).
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b- Syndicated Loans and Club Deals.
c- Personal Loans: Which includes:
·Salary Loans.
·Car Loans.
·Housing Loans.
2. Trade Finance: Which includes:
·L/Cs [Incoming and Outgoing].
·L/Gs.
·Bills for Collections [Inbound and Outbound.
·Payment Certificates
Fourth: Private Banking
HBTF branch in Bahrain offers a diversified range of local, regional, and international Investment Products. Our highly qualified team of professionals are specially trained and equipped to serve your investment requirement. Private Banking Services include:
Selling and buying international financial instruments like shares, bonds, options, funds and structure notes.
Leveraging customers’ assets by extending facilities against collaterals [trade on margin], in order to boost size of investments in local and international shares, investment funds, structure notes and other marketable Products.
We provide asset management services using financial instruments like global stocks, bonds, and others.
These services are unique because:
We launch products developed by us yet in coordination with other regional as well as major international financial institutions.
Direct interaction with customers to keep them informed about the latest market developments, to get feedback on our products and to give them a chance to evaluate their investments.
Fifth: Treasury Departments
HBTF branch in Bahrain offers a wide array of international banking products and services so as to facilitate your business dealings in GCC and other external markets.
Our highly qualified staff are specially trained and equipped to cater to your banking needs. We offer the following services:
Foreign currency exchange and money market activities (GCC and other major markets).
Margin account
Off balance sheet products
Help you to submit, on your behalf, your application to participate in the primary issuance/ auction of Government Securities issued through the Central Bank of Bahrain (CBB). Please advise us in case you are interested to participate in the primary issuance / auction of these securities. It is our pleasure here in Housing Bank/ Bahrain Branch to help you and submit, on your behalf, your application to CBB and advise you of the result of your application as soon as we receive from CBB.
We provide you with the highest quality technical analysis on financial instruments that helps you in anticipating market movements and accordingly reaching more sound investment decisions.
The fees and charges for Bahrain branch , please click here .
Code of best practice on consumer credit and charging, please click here .
The Housing Bank for Trade & Finance – Regional management & Bahrain Branch
