bank loan

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Member since 20 September 2017

mitsubishi galantMember20 September 2017 18:11:02

hello there...im an expat working here in bahrain for 1 year..and i have a bank loan of 3000bhd...remaining balance is 2,800...unfortunately im not happy anymore in my previous company due to racial discrimination ang politics....someone offered me a new job in lebanon..can i leave bahrain and continue paying my bank loan in lebanon?can you guys or gals give me an idea on this?

logicalindian Bahrain Expert

Member since 01 May 2013

logicalindianBahrain Expert21 September 2017 09:02:13

3407

Hi,

You need to contact your Bank and ask them whether it is possible, i know some people are doing it but they shifted to within GCC not outside.

T&R

mitsubishi galant Member

Member since 20 September 2017

mitsubishi galantMember21 September 2017 09:08:25

thanxs for your reply...what do you mean by GCC country also?i mean is like dubai,or qatar?

logicalindian Bahrain Expert

Member since 01 May 2013

logicalindianBahrain Expert21 September 2017 09:14:13

3407

Yep, but will depend on the bank whether they allow it or not.

mitsubishi galant Member

Member since 20 September 2017

mitsubishi galantMember21 September 2017 09:17:22

ok..thanxs anyway..maybe they are not allowing that kind of settlement..

XTang Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

XTangBahrain/UAE/Saudi Arabia Expert10 October 2017 14:07:37

11853

The moment your end of service settlement hits the bank account; you will be asked to settle the loan. Most banks will not allow for payments to be made from outside GCC.

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