Banking Terms & Conditions

Last updated: July 6, 2026

At 365 Business Setup, we provide professional corporate banking assistance to businesses establishing or expanding their operations in the Kingdom of Bahrain. Our role is to facilitate the corporate bank account opening process by providing expert guidance, documentation support, and coordination with financial institutions. These Terms & Conditions govern our banking assistance services and should be read alongside our general Terms & Conditions and Privacy Policy.

1. Scope of Services

Our Corporate Banking Assistance services may include:

  • Initial consultation and eligibility assessment
  • Guidance on banking requirements
  • Document preparation and verification
  • Coordination with banking institutions
  • Assistance with application submission
  • Follow-up throughout the account opening process

The scope of services may vary depending on the client’s business activity, company structure, and the selected financial institution.

2. Bank Approval

The approval or rejection of a corporate bank account is solely at the discretion of the respective bank or financial institution.

365 Business Setup does not guarantee:

  • Approval of a corporate bank account
  • Processing timelines
  • Approval of banking facilities or financial products
  • Acceptance by any specific bank

Banks may request additional documentation, conduct interviews, or perform enhanced due diligence before making a final decision.

3. Client Responsibilities

To ensure a smooth application process, clients agree to:

  • Provide accurate, complete, and up-to-date information.
  • Submit all requested documents within the required timeframe.
  • Comply with the Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) requirements applicable in the Kingdom of Bahrain.
  • Cooperate with any additional requests from the bank or regulatory authorities.
  • Promptly notify us of any changes to company ownership, business activities, or corporate information.

Failure to provide accurate information or required documentation may result in delays or rejection of the application.

4. Compliance

All banking applications are subject to the internal policies of the respective financial institution and the applicable laws and regulations of the Kingdom of Bahrain.

Financial institutions reserve the right to request additional documentation, conduct compliance reviews, or decline applications without obligation to disclose specific reasons.

5. Service Fees

Our professional service fees cover consultation, document preparation, coordination, application support, and follow-up services.

Government fees, bank charges, minimum deposit requirements, account maintenance fees, transaction fees, and any third-party costs are separate from our professional fees and remain the client’s responsibility unless otherwise agreed in writing.

6. Processing Time

Estimated processing timelines are provided for guidance only and may vary depending on:

  • The selected financial institution
  • Business activity
  • Company ownership structure
  • Regulatory reviews
  • Completeness of submitted documentation

365 Business Setup is not responsible for delays caused by banks, regulatory authorities, or third-party organizations.

7. Confidentiality

We treat all client information with strict confidentiality and use it solely for the purpose of providing our banking assistance services. Information may be shared only with the relevant financial institutions, ministries, regulatory authorities, or service providers where necessary to process your application and in accordance with applicable laws and our Privacy Policy.

8. Limitation of Liability

365 Business Setup acts solely as a business consultancy and corporate services provider. We are not a bank, financial institution, or financial advisor.

All banking decisions are made independently by the respective financial institution in accordance with its internal policies and the applicable regulations of the Kingdom of Bahrain.

Accordingly, we shall not be held liable for:

  • Rejection of bank account applications
  • Requests for additional documentation
  • Delays in processing
  • Changes to banking policies or regulations
  • Suspension, restriction, or closure of bank accounts by the financial institution

9. Amendments

365 Business Setup reserves the right to modify these Corporate Banking Assistance Terms & Conditions at any time. Any updates will be published on this website and become effective immediately upon publication.

10. Contact Us

If you have any questions regarding our Corporate Banking Assistance services or these Terms & Conditions, please contact our team through the contact details provided on our website. We will be happy to assist you.