Withdrawing funds from your Rain account and transferring them to your personal bank account is easy.
Disclaimer: This applies to customers of Rain Management WLL only.
Here are the steps to do that:
Go to Portfolio and tap on the fiat currency account which you would like to withdraw from.
Tap on Withdraw and enter the amount you wish to withdraw.
Select the destination bank account and tap Withdraw Amount.
Review the Confirm Withdrawal page to make sure all the information is correct. tap Confirm.
You will be prompted to enter a confirmation code that you have received by SMS or in your 2FA app. Enter the code then tap Submit.
Processing time
Local withdrawals from Bahrain take 1 business day. However, international withdrawals take between 1 and 4 business days.
To avoid delays, make sure that your name on your Rain account matches the name of your bank account.
Fees
There are no bank charges deducted for local withdrawals of BHD within Bahrain.
However, the following amounts are applied for international withdrawals to cover bank charges for each fiat currency:
Kuwaiti Dinar: KWD 5
UAE Dirham: AED 50
Omani Rial: OMR 5
US Dollar: USD 15
For any questions regarding withdrawals, feel free to reach out to our support team for further assistance.