Working Capital Facilities
MainContent
Overdraft
Overdraft is a standby facility which you can easily access to cover temporary cash flow needs, meet working capital requirements (purchase inventory, finance receivables etc) and meet day-to-day expenses.
-
Overdraft Amounts
You can establish an overdraft facility from BD 10,000 and draw on the limit up to the maximum
-
Rates
Variable Interest Rate based on BBK Base Rate. You need pay interest only on the funds drawn by you and for the period of withdrawal.
-
Repayment
Overdraft is repayable on demand, but can be continued indefinitely subject to annual review.
-
Terms & Conditions
Please refer to a detailed list of terms and conditions.
Cheque & Bill Discounting
Export Bill Discounts
Export Bill Discounting finances receivables when exports are made under Letters of Credit.
-
Amounts
Can vary depending on the Bill Amount.
-
Rates
Variable Interest Rates based on BBK Base Rate.
-
Tenor
Maximum 180 days.
-
Terms & Conditions
Please refer to a detailed list or the Relationship Manager.
Cheque Discounting
Cheque Discounting is a form of receivable financing. BBK can discount cheques drawn by acceptable drawers and provide funds up front.
-
Amounts
From BD 10,000.
-
Rates
Variable Interest Rates based on BBK Base Rate.
-
Tenor
Maximum 24 Months.
-
Terms & Conditions
Please refer to a detailed list or the Relationship Manager.
Certified Cheques Our certified cheques are personal or corporate cheques drawn on your account and which at your request is certified to be good for payment.
- Amounts
From BD 100
- Rates
0.125% of the certified amount (minimum BD 5/-)
- Tenor
Maximum 6 Months
- Terms & Conditions
Can Vary. Please refer to a detailed list.
Short Term Loans We offer short-term loans of maturities of up to 12 months. These loans are intended to finance your short-term working capital requirements. Short-term loans are available in all major currencies (normally Bahraini Dinars, US Dollars, Pound Sterling, Euro and Japanese Yen)
- Amounts
depending on customer needs.
- Rates
Variable Interest Rates based on BBK Base or other Indexes depending on the currency of loan
- Repayment
Monthly, Quarterly, Semi Annually or in one annual payment
- Terms & Conditions
Please refer to a detailed list.
