BANK OF BAHRAIN AND KUWAIT B.S.C

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ANNOUNCEMENTS

Bank of Bahrain & Kuwait B.S.C is now registered with DICGC.

All the locker –Hirer are advised to execute the fresh locker agreement by contacting through their base branch on immediate basis as per the RBI revised instructions.

Dear Customer, as a valuable customer for our bank we welcome you to join the FX retail platform through the link https://www.fxretail.co.in/#/ for getting access to Forex dealing in USD/INR currency pair. In case of further queries, you can reach us on 022- 22-43349205/43349256/43349257 to Mr. B. Harikumar / Mr. S. Venkatachalam / Mr. Ankush Jain – Bank of Bahrain and Kuwait B.S.C"

“ATM/Debit card can be managed/blocked using mobile banking app “BBKonnect”- please download from App Store/ Play store.”

Dear Customer, Consequent upon spurt in COVID-19 cases across India and Government/local bodies actions, we request all our valued customers to use online banking for their regular banking transactions and also minimize use of cash as low as possible. Currency changing hands may also be carrying virus. For any help and details visit our website www.bbkindia.com . We assure our commitment to you and thank you for your co-operation in the current situation"

Reserve Bank of India(RBI) vide circular No DPSS.CO.RPPD.No 309/04.07.005/2020-21 dated Sepetember 25,2020 had announced introduction of Positive Pay System for CTS for all cheques value Rs 50000.00/- and above.

Dear Customer, As per Govt. guidelines and to ensure the health and safety of our customers,vendors and employees, all visitors to our branches are required to wear a face mask maintain social distancing. Entry will be allowed post screening for body temperature and status on the Aarogya Setu app. We request your co-operation in compliance of these guidelines.

An Appeal (Hindi-pdf) with reference to Pradhan Mantri Garib Kalyan Package, in the light of COVID-19.

“Dear Customer,Bank of Bahrain and Kuwait B.S.C. will never ask you to share sensitive information like OTP, CVV, passwords for moratorium on loan EMIs or any other payment. Beware of such fraudulent calls or emails. DO NOT share your OTP, User ID, Password, CVV, Expiry date etc with anyone. Stay safe and stay alert. To know more, visit www.bbkindia.com”

“Thank you for choosing to do business with BBK. Due to global COVID-19 pandemic, there is a great deal of uncertainty in the markets and in the current situation, BBK highlights the need for clients to carefully consider any new product and independently review risks at this highly sensitive and volatile time. We caution our clients to remain focused and vigilant in these times as the human, economic and financial impacts of this pandemic have already been huge, and it is not yet clear how quickly the situation will be brought under control and normal economic activity can resume.”

“As per RBI guidelines, National Electronic Fund Transfer (NEFT) is available 24 x 7 with effect from December 16, 2019.”

* TDS of 2% would be levied on cash withdrawals exceeding Rs 1 crore during a financial year. Click here for further details.

* Waiver / reduction of NEFT/RTGS charges with immediate effect Refer schedule of charges for details. Please click here for Revised service charges w.e.f.01.10.2022.

*Banking Facilities for Senior Citizens and Differently abled Persons.

* W.E.F 01.07.2017 Bank has been collecting GST @18% on applicable commission/service charges in lieu of service tax @15%.

* W.E.F 01.07.2017 GST on Forex conversions are being collected. Click here for rates.

* Please click here for current MCLR rates.

* Please click here for current interest rates on deposits.

* Details of Unclaimed Deposits. Please click here.

* FREE OF CHARGE unlimited usage of BBK ATM cards in other Banks’ ATMs.BBK ATM cards can be used in all ATMs of NPCI member Banks network. Click here for details.

*Safe Deposit Lockers facility available at our Hyderabad, Aluva & New Delhi branches. Please contact branch for details.

* Interest on all types of Savings Deposit shall be credited at quarterly intervals on the last working day of March, June, September and December.

* As per Income Tax rules, applicable TDS on deposit account is deductible on accrued interest. TDS so deducted is non-refundable.

* Customers are advised to register their mandates for payment before maturity on joint deposits held on "Either or Survivor" or "Former or Survivor" basis.

* Customers are advised to issue CTS compliant cheques only.

* BBK presently does not have any 3rd Party Agents/DSAs. The marketing & processing of all products are done through its branches, by the bank staff.

* Rupee Floating Loans/ Credit limits shall now be priced at MCLR effective 01/04/2016"click here for details

E-BANKING LOGIN

Sl No.	Nature of Transcation	Charges Non-Individual (w.e.f.: 1st July 2012)	Charges Individual (w.e.f.: 1st July 2012)
A) Outward Remittances :
A.1 Issuance of Demand Drafts /Pay Orders/Banker's cheque :
1	Up to 25,000/-	Rs.50/-	Rs.50/-
2	Above 25,000/-	Rs 2- per thousand.- maximum Rs.5000-	Rs 2- per thousand.- maximum Rs.5000-
C) Cancellation of Pay Order/Demand Draft		Rs.100/-	Rs.100/-
D.1)Revalidation of Pay Order		Rs.100/-	Rs.100/-
D.2) Issuance of Duplicate Demand Draft		Rs.100/-	Rs.100/-
E) Issuance of Foreign Demand Draft		500/-	400/-
	If FDD is to be sent by Bank to the Beneficiary	DD Charges plus courier charges	Same
F) Foreign Currency TT (FTT)		500/- plus SWIFT Charges 750/-	400/- plus SWIFT charges 750/-
FC Remittances of Current Account transactions as specified by FEMA like Business Travel, Gift, Medical Expenses		0.125% on remittance value subject to a minimum of 500/- plus SWIFT Charges 750/- Max Rs.10,000/-	0.125% on remittance subject to minimum of 400/- plus SWIFT Charges 750/-
G) Transfer of Funds
G.1 Through RTGS (Charges as per RBI guidelines) w.e.f. 15.11.2010
	Rs. 2 To 5 lakhs	Rs.25 per transaction	Rs.25 per transaction *
*	Additional Charge of Rs. 5/- over the above charges will be levied for Transaction request received after 15.00 Hrs and processed in RTGS batch after 15.40 Hrs w.e.f - 01 / 10 / 2011
	Through NEFT
	Up to Rs.10,000/- >> For BBK Account Holder >> For Other Applicants	Free Rs.5/- Per transaction	Free Rs.5/- Per transaction
	up to 1 lakhs	Rs.5/- per transaction	Rs.5/- per transaction
	Above Rs. 1 lakh to Rs.2 lakhs	Rs.15/- per transaction	Rs.15/- per transaction
	Above Rs.2 Lakhs	Rs.25/- per transaction	Rs.25/- per transaction
Remittance request above Rs.10,000/- attracts same charges for Account Holders and Non-account holder applicant.
H) Repayment of Term Deposits at Maturity/Prematurity :
H.1	Credit to the Account	Free	Free
H.2	Through Cashier's Orders	Ref charges as stated in B	Ref charges as stated in B
H.4	Through RTGS / NEFT	Ref charges as stated in G.1	Ref charges as stated in G.1
H.4	Through Demand Draft	Ref charges as stated in B	Ref charges as stated in B
H.5	Courier Charges	Within India Rs.25/- Outside India Rs.1000/- (Addional amount to be recovered, depending upon registered letter/speed post or weight)	Within India Rs.25/- Outside India Rs.1000/- (Addional amount to be recovered, depending upon registered letter/speed post or weight)
I) Payment of Interest on Term Deposits Quarterly/Half Yearly :
I.1	Credit to the Account	Free	Free
I.2	Through Cashier's Orders	Ref charges as stated in B	Ref charges as stated in B
I.4	Through RTGS / NEFT	Ref charges as stated in G.1	Ref charges as stated in G.1
I.4	Through Demand Draft	Ref charges as stated in B	Ref charges as stated in B
I.5	Courier Charges	Within India Rs.25/- Outside India Rs.1000/- (Addional amount to be recovered, depending upon registered letter/speed post or weight)	Within India Rs.25/- Outside India Rs.1000/- (Addional amount to be recovered, depending upon registered letter/speed post or weight)
J) Standing Instructions :
	For Issuance of DD/Remittance of Funds	Rs.100/- per Remittance plus Mail/Electronic Transfer or DD Charges plus out of pocket expenses	Rs.75/- per Remittance plus Mail/Electronic Transfer or DD Charges plus out of pocket expenses
K) Inward Remittances - RTGS/NEFT		Free	Free

* Bank of Bahrain & Kuwait B.S.C is now registered with DICGC * “As per RBI guidelines, National Electronic Fund Transfer (NEFT) is available 24 x 7 with effect from December 16, 2019.” * Dear Customers,Effective 27th Mar 2018 our Hyderabad Branch will function from the Bank's own spacious premises at :Ground Floor, 6-3-252/1/3 & 6-3-252/1/3/A, ERRAMANZIL, HYDERABAD - 500 082.Contact nos remain same.