He said that the payment could be done through the Bahraini Dinar
and Saudi Riyal of a maximum of BD500 for each currency.
During an investment conference in the Saudi capital Riyadh, Maraj asserted that he has to link the Bahraini dinar
exchange rate to the US dollar as it eliminates risk, according to Bahraini al-Ayam newspaper.
With this personalized payment solution, merchants will still receive funding and settlement in Bahraini Dinar
while delivering enhanced customer service and reducing the cost of payment card acceptance.
The bank will start to service transactions for Clearstream in Emirati Dirham, Bahraini Dinar
and Omani Rial in the second quarter of 2015.
The offer, which is valid till November 20, offers special rates with no fees on remittances in five GCC currencies - Saudi Riyal, Omani Riyal, Bahraini Dinar
, Kuwaiti Dinar and Qatari Riyal.
The ministry has set OMR100 (Nepali Rs22,400) for jobs in Oman and Bahraini dinar
100 (Rs22,850) in Bahrain.
The regime's court also ordered the cleric to pay 100,000 Bahraini dinar
($265,266) in fines.
MYCARD is a prepaid card in multiple currencies, capable of carrying US dollars, Sterling, Euros, Bahraini Dinar
and UAE Dirhams at the same time.
Earlier this month, pharmacies across the island slashed the rates of all UK-manufactured drugs, following the sharp fall in the value of pound sterling compared with Bahraini dinar
MANAMA: The Bahrain Association of Banks (BAB) has called for strengthening the interest rate on Bahraini dinar
, known as the Bahrain Interbank Offered Rate (BHIBOR), regionally and internationally, to become a reference for financial transactions in Bahrain and the region, which exceed billions of dollars a day.
If we keep exporting our Bahraini dinar
outside of Bahrain, we won't help our economy, we need it to circulate in the country," he explained.
The bill affirms that the borrowing procedures would be done through various currencies and through methods that shouldn't weaken the value of the Bahraini dinar