Bank of Bahrain and Kuwait Codes and Identification Numbers

To access your account or conduct transactions at Bank of Bahrain and Kuwait, you'll need to know your codes and identification numbers.

The bank's codes are SWIFT (BBKBBKBB) and IBAN (BH18BBKB0000000000).

You can find your account number and other identification details on your bank statement or by contacting the bank directly.

Make sure to have these numbers handy when using online banking or mobile banking services.

Managing your account with Bank of Bahrain and Kuwait is a straightforward process. You can open a savings or settlement account with the bank, and they also offer corporate accounts for mainland companies registered in Bahrain.

The minimum balance for a corporate account is BHD 500 (~ USD 1 330), while for a personal account it's BHD 300 (~ USD 800). If your balance drops below these thresholds, you'll be charged a fee of BHD 5-20 (~ USD 14-53).

No deposit is required for a corporate account, but you'll need to deposit a share capital, which is blocked until your Commercial Registration is finalized. The recommended optimal capital is BHD 10 000.

The bank offers bank cards and cheque books, and you can apply for pre-approval before opening your account. The fee for transferring funds to a foreign bank is approximately BHD 4.4 (~ USD 12).

A different take: National Bank of Bahrain

The IFSC code is an 11 character string of alpha-numeric characters. The first 4 of these comprise the bank name.

The IFSC code is a unique code assigned to every bank branch that is part of the NEFT network. It facilitates smoother transactions using the NEFT and RTGS services.

The Bank of Bahrain and Kuwait branch in Mumbai has an IFSC code of BBKM0000001. This code is made up of the bank's name, a blank space, and the numeric code assigned to the Mumbai branch.

Take a look at this: Bank Code

BBK's SIC Code is a specific classification used in the banking industry. The SIC codes for BBK (Bank of Bahrain and Kuwait) are 602, 60.

Bank codes like BBK's SIC code are used for identification and classification purposes.

BBK's SIC code is comprised of two digits, indicating its specific classification within the banking industry.

The NAICS code for BBK (Bank of Bahrain and Kuwait) is a specific classification used for business and statistical purposes. The NAICS codes for BBK are 521, 522, 52, 5211, and 5221.

The IFSC code is a feature introduced by the RBI to facilitate smoother transactions using the NEFT and RTGS services.

The IFSC code is a unique code assigned to every bank branch that is part of the NEFT network, allowing for wireless fund transfers anywhere within the country.

The IFSC code is an 11 character string of alpha-numeric characters, with the first 4 characters representing the bank name and the remaining 6 characters making up the numeric code.

For example, the Bank of Bahrain and Kuwait branch in Mumbai has the IFSC code BBKM0000001, where "BBKM" represents the bank's name and "000001" is the code assigned to the Mumbai branch.

To make a transaction, all you need is the beneficiary's details, including their name, bank account details, and the IFSC code of their bank branch.

MICR codes are printed on the first page of passbooks issued at the bank branch, making it easy to find them offline.

You can also find MICR codes online on a bank's official website, where you can easily access the information you need.

The NEFT network allows you to find MICR codes for all bank branches part of the network on BankBazaar, making it a convenient online resource.

To find a MICR code, you'll need to fill in details such as the bank name, state, district, and branch name on the BankBazaar website.

After submitting this information, you'll be presented with the MICR code for the particular bank branch.

The Bank of Bahrain and Kuwait offers a convenient payment system through National Electronic Fund Transfer (NEFT). Customers can make transfers from Monday to Saturday during banking hours.

NEFT transactions are processed in hourly batches, making it a quick and efficient way to transfer funds. There's no minimum or maximum limit on the amount that can be transferred at any point of time.

Transfers made through NEFT are settled on the next working day if made after banking hours or on a bank holiday. Bank holidays include the second and fourth Saturdays in a month.

Here's a breakdown of the service charges for NEFT transfers:

Receiving money through NEFT is free of charge, but the bank charges a fee for transfers made through NEFT.