Bahrain Development Bank (BDB) announced the launch of a new feature available on “tijara”, the Bank’s digital platform designed to support startups and Small and Medium Enterprises (SMEs). The new feature “tijara call account” enables users to open an account online and access the “tijara” platform within a few minutes, without the need to visit a physical branch.
This service is the latest addition to the digital platform “tijara”, which offers a profit that is accrued on a daily basis and paid into a user’s account post the last day of the month at a rate of 3.5%. In addition, this service enables users to transact 24/7, access accounts balance, statements and transaction details, an unlimited number of withdrawals and deposits, local and international money transfers. It also enables them to add and modify beneficiaries, generate account reports, free monthly e-statements and SMS alerts Additionally, it provides direct digital access to financing options including support to cover operational expenses, bill payments and salary transfers.
On this occasion, BDB Group Chief Executive Officer, Dalal Al Qais, stated, “At BDB, we have always been keen on encouraging the startup and SME ecosystem and empowering them with tools to help them grow and prosper. Accordingly, this new feature comes in line with our commitment towards digital transformation and providing our customers with simple, efficient and accessible banking solutions to meet their financial needs. It is also worth noting that the Bank has recently launched a customer centricity policy, which aims to raise the level of customer satisfaction pre and post service, to ensure our customers receive a unique banking experience. The ‘tijara call account’ is a step towards a series of initiatives and services we aim to roll out in line with our efforts to continuously provide our customers with the highest quality of banking services.”
The “tijara” platform will enhance the banking experience for customers from the startup and SME sector, as it provides easy, efficient and smart banking solutions, with simplified transactions. It adopts an integrated digital model to facilitate access to financial support, in addition to innovative banking products in favor of empowering startups and SMEs and providing them with flexible and easy financing solutions.
For more information about the “tijara” platform or to register to the innovative services, please visit the website.