CR bank account for new company

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Member since 28 June 2021

LynnoMember28 June 2021 03:21:03

Dear friends

Good morning.

I have a situation with opening bank for my new cr, have check with most of the banks here but my documents are being rejected due to account balance is low, my cr is SPC no partners involved just me, however my visa also already expired and for me to get valid visa I have to get company account approved. Definitely things have changed not like before or two years ago, and also being from a foreign country there’s discriminations, it’s been over a month trying to sort this bank issue but nothing till now.. could someone help me with this ? Or which bank can very reliable to take my documents for cr processing?

Thanks in advance

XTang Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

XTangBahrain/UAE/Saudi Arabia Expert28 June 2021 06:02:22

11826

We have had discussions about this many many times in these forums. Use search.

But banks have recently become stringent. My advice has always been not to put too low an amount as your capital otherwise the banks may not entertain you at all.

Guest678 Guest

Guest678Guest22 January 2022 04:04:30

214245

Stil we did not receive any feedback on the Topic of CR Bank Account, which Bank in Bahrain Will accommodate us to open a new CR Account kindly advise, Awaiting someone’s valuable reply.

Best Wishes RK

XTang Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

XTangBahrain/UAE/Saudi Arabia Expert23 January 2022 05:51:13

11826

You have to check with different banks. NBB and HBL seem to be the most relaxed. The situation keeps changing month to month. Do your efforts.

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