Bahrain banks raise transaction limits and waive fees to boost liquidity
supriyatunk
Leading financial institutions in Bahrain have temporarily increased transaction limits and waived selected service fees in a move aimed at boosting consumer liquidity and encouraging digital payments amid prevailing conditions.
Under the new measures, daily ATM withdrawal limits have been raised to BD3,000, while daily point of sale (POS) and e-commerce transaction ceilings have been increased to BD6,000. The adjustments are designed to give customers greater flexibility in managing their finances and conducting higher-value transactions without disruption.
To further ease access to credit, banks have also suspended fees related to credit limit increases. Customers can benefit from these waivers by submitting requests through integrated mobile banking platforms, allowing for quick and seamless processing without the need to visit branches.
Industry sources described the steps as part of a broader commitment by Bahrain’s banking sector to maintain market stability, ensure smooth financial flows, and support both consumers and businesses during the current environment.
The measures take effect immediately and will remain in place until further notice, reinforcing confidence in the kingdom’s financial system.
