Withdrawal bank transfer fees


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Withdrawal bank transfer fees

Transfers within Bahrain

For local transfers within Bahrain, there are no withdrawal fees deducted. The exact amount you withdraw from your Rain account will be credited to your bank account.

International Transfers

When making an international transfer to your bank account from your Rain account, you are credited with what we send from our bank account, minus any wire transfer fees. There might be a discrepancy between what we send and what you receive. This is due to the different bank charges that vary between different banks. 

  • Make sure you send the same currency as the receiving account. Sending the value in a different currency will result in additional charges, thus reducing the amount you receive.
  • Your bank may be using a corresponding bank account to receive your transfer from our bank account. This may cause the transfer to lose some of its value in transit, as the intermediary bank(s) take their fees from the amount. 

Withdrawals Fee Amount

The following withdrawal fees are applied to different currency withdrawals to cover  wire transfer fees: 

Bahraini Dinar: No withdrawal fees for local transfers
Saudi Riyal: SAR 50
Kuwaiti Dinar: KWD 5
UAE Dirham: AED 50
Omani Rial: OMR 5
US Dollar: USD 15 

About Rain

Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.

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