Bahrain is a dazzling fusion of ancient traditions and modern elegance, where navigating payments can elevate your experience. Whether you’re exploring the lively souks, indulging in fine dining, or enjoying a luxury hotel stay, this guide provides all the details – what currency to bring, the best ways to get money and currency in Bahrain (Bahraini Dinars (BHD)), cash safety tips, and important dos and don’ts. With these insights, you’ll steer clear of unnecessary fees and focus on discovering Bahrain’s fascinating history and world-class hospitality.
How to pay in Bahrain – cash or card?
In Bahrain, both cash and card payments are widely utilized, with a noticeable shift towards digital transactions in recent years. While cash has historically been the dominant payment method in Bahrain, recent trends indicate a decline in cash usage and a rise in electronic payments. A survey revealed that for 58% of respondents, only 1-2 out of their last 10 transactions were in cash, highlighting the growing preference for digital payments.
You can use cash for:
- Public Transportation: Buses and taxis often require cash payments, though some modern taxi services may accept cards or digital payments.
- Local Markets and Street Vendors: Purchases at traditional souks and street stalls are predominantly cash-based.
- Small Businesses: Many small or family-run shops and eateries prefer cash transactions.
- Tips and Gratuities: It’s customary to tip in cash for services such as dining, tour guides, and hotel staff.
- Entry Fees: Some museums, parks, and attractions may only accept cash for admission.
You can use card for:
- Retail Stores: Major supermarkets, shopping malls, and branded stores widely accept debit and credit cards.
- Restaurants and Cafés: Many dining establishments, especially in urban areas, facilitate card payments.
- Hotels and Lodging: Most hotels, guesthouses, and lodges accept card payments.
- Online Services: E-commerce platforms, online bookings for flights, accommodations, and other services typically require card payments.
- Fuel Stations: While many accept cards, it’s advisable to confirm beforehand, as some may prefer cash.
What’s the best currency to take to Bahrain
Bahraini Dinar is typically the best currency to take if you are travelling to Bahrain. Paying or withdrawing money in the local currency comes with the least amount of fees, sometimes fee-free too.
If tour operators and hotels quote rates in US Dollars try and pay in Bahraini Dinar so you get favourable exchange rates.
Euros or Pounds are not widely accepted here.
Where to get currency in Bahrain
There are 3 main ways to get cash in Bahrain. They are:
ATMs, or
Currency exchange, or
Money transfer & local pick-up
Types of cards to swipe in Bahrain
Visa and Mastercard transactions are commonly accepted for swiping. You might also find some places that accept Amex and other cards, albeit less frequently.
Types of cards at ATMs in Bahrain
If you’re withdrawing money in Bahrain from an ATM, ATMs commonly accept Visa, Mastercard, Maestro, Plus, Cirrus, JCB and American Express cards. Others like UnionPay and Diners, Discover and Rupay cards are generally not accepted.
Should I exchange money before travelling to Bahrain
Bringing a small amount of Bahraini Dinars (BHD) before traveling can be helpful for immediate expenses like taxis, tips, and small purchases. However, exchange rates outside Bahrain are often less favorable, and many foreign banks do not stock BHD.
Withdrawing BHD from ATMs in Bahrain is a convenient option, as ATMs are widely available in airports, cities, and shopping centers. Most ATMs accept Visa, Mastercard, Cirrus, Plus, and Maestro cards, but check with your bank for international withdrawal fees.
It’s generally better to exchange currency in Bahrain’s city centre at authorized exchange bureaus, which offer competitive rates. Avoid exchanging large amounts at airports or hotels, as their rates tend to be poor.
Where to withdraw currency in Bahrain
The best ATMs for foreigners to use in Bahrain are those owned by popular banks such as:
- National Bank of Bahrain (NBB)
- Bahrain Islamic Bank
- Bank of Bahrain and Kuwait (BBK)
- Khaleeji Commercial Bank
- Gulf International Bank
- Ahli United Bank
There are other banks with ATMs that also accept international debit and credit cards.
Some international banks also have their ATMs in Mauritius namely HSBC and Standard Chartered.
Where to exchange currency in Bahrain
In Bahrain, currency exchange offices, commonly referred to as money changers, are widely available to exchange currency.
Currency Exchange Offices: These licensed exchange bureaus are typically located in tourist areas, shopping malls, and airports, providing competitive rates comparable to those offered by banks. Global Exchange, Travelex, Bahrain Financing Company (BFC), Lulu Exchange and Alyousuf Exchange are most known currency exchange centres.
Banks: National Bank of Bahrain (NBB): NBB’s main branch in Manama operates a currency exchange counter, offering services to both individuals and businesses. It’s a reliable institution for exchanging Bahraini Dinars to US Dollars and other major currencies.
Using the ATM Fee Saver app, you may locate trustworthy currency exchanges; the program uses a map to show you the location of the closest exchange. Access forex places in 100+ countries, including Bahrain, with the help of this app.
Steer clear of airport exchanges and opt for no-fee exchange offices. They offer the steepest fees and the least favourable exchange rates. Hold off on exchanging cash until you reach the city.
Safety of carrying cash in Bahrain
Bahrain has a low crime rate, therefore carrying cash is normally safe. However, it is still prudent to take precautions, particularly in crowded marketplaces or tourist destinations. Divide your cash amongst different pockets, wallets, or bags, avoid displaying big sums of money in public areas, when making payments, be discreet, especially in crowded souks or with small merchants.
Is it better to use debit or credit cards or pay by cash in Bahrain
Use a card if there are no fees. In other words, your bank does not charge costs for card swipes, the merchant or point-of-sale system does not charge additional fees for card use, or if you need to use the card’s insurance, you don’t want to block the cash for large transactions, and the fees for card swipes are less than those for withdrawals.
Pay with cash by taking out cash from an ATM or exchanging currencies if the fees associated with ATM withdrawals are lower than those associated with swiping cards or you don’t want to maintain any digital record of your spending, and if transactions are more convenient and straightforward.
