u/DasSpiro

Hello everyone,

I've been wondering what bank has the best exchange rate for someone that gets paid in USD and wants to get BHDs. For this I opened accounts at the 4 major banks : Ila (ABC), Al Salam, KFH and NBB.

The verdict is that surprisingly KFH had the best rate for USD to BHD at 0.377 ( 1USD=0.377BHD ), Al Salam and Ila with 0.376 rank second and third is NBB at 0.375.

I compared the other way around and Ila was the clear winner in exchanging BHD into USD at 2.6573. Followed by the Al Salam, KFH and NBB all at 2.646.

So for anyone that gets paid in USD the best way would be to open an USD account with KFH and receive money on that account then from there convert and send money to other BHD accounts for free through Fawri transfers or keep it on KFH BHD account.

Hope this helps someone !

Hi everyone, was wondering if anyone knew good spots to watch games where there isnt much smoke and you could hear the commentary !

Thank you

Hello everyone,

I am planning to move to bahrain soon inshallah and been looking for digital banks with multi currency accounts for when I first arrive.

Ila bank was the consensus on reddit until I saw a recent post about a random account closure that made me scared especially after reading how many comments shared the same experience/problem ( https://www.reddit.com/r/Bahrain/comments/1taw2hr/update_bank_account_closure/ and https://www.reddit.com/r/Bahrain/comments/1tij6cr/update_2_bank_account_closure/ )

The next 2 digital options are Al-Salam and BisB ( it's important the account opening is digital because I won't have a proof of address immediately after obtaining the CPR and will need an account to pay the rent ), however I came across another option that doesn't seem to have any kind of recent feedback on reddit called MeeM bank by GIB. The few mentions I found date to 7 and 3 years ago and was wondering if anyone has been banking with them recently and if they recommend them compared to other banks.

Thank you !