Transferring money from Bahrain to HSBC uk

PRS749

What is the most efficient and risk free way of transferring wages paid into a Bahrain bank account back to the UK. I bank with HSBC but they have sold their private Bahrain banking services to BBK now and I don't appear to be able to use their/my global account

friolento

Try https://wise.com/

sheenas

I would look carefully into Tax situation. Are you working for a company in Bahrain while based within UK?

friolento

https://forums.moneysavingexpert.com/discussion/comment/82166446#Comment_82166446

That should not be an issue, especially since the UK and Bahrain have had a double taxation agreement for more than a decade

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/82166128#Comment_82166128

can they transfer from Bahrain? I know they can to it but couldnt see an option from

friolento

https://forums.moneysavingexpert.com/discussion/comment/82166461#Comment_82166461

I don't know. It's for the OP to find out. That's why I said "try"

SiliconChip

https://forums.moneysavingexpert.com/discussion/comment/82166461#Comment_82166461

It wasn't as easy to find as transferring TO Bahrain but yes, you can transfer from Bahrain.

AI Overview

To transfer money from Bahrain (using Bahraini Dinar - BHD) to the United Kingdom (British Pound - GBP) using Wise (Wise Official Website), follow these key details and steps:

How It Works

1. Log in to Wise: Open the Wise app or go to the website and log into your account.
2. Set up the transfer: Choose to send BHD and enter the amount you want to convert into GBP.
3. Check the rate and fee: Wise uses the real mid-market exchange rate (around 1 GBP = 0.5003 BHD, varying with live market rates) and displays the transparent transfer fee upfront. [1, 2]
4. Add recipient details: Enter your UK recipient's full name, sort code, and 8-digit account number (or their UK IBAN).
5. Fund the transfer: Pay for the transfer from your Wise multi-currency account, via a local bank transfer, or using a debit/credit card.
6. Delivery: Most transfers arrive in the recipient's UK bank account quickly—often within seconds or up to 1 day depending on how you fund it.