Brunei Dollar (BND) Current Account Details

• Accounts are in Brunei Dollar (BND), unless specified otherwise

Current Account

General CA

• Minimum initial deposit: B$1,000
• Minimum daily balance: B$1,000
• Minimum balance for profit distribution: B$3,000

Tiered CA

• Minimum initial deposit: B$1,000
• Minimum daily balance: B$1,000
• Minimum balance for profit distribution: B$3,000

Cheque Fees

• Cheque book issuance (standard design): B$25 (50 leaves)
• Cheque book issuance (special design): B$50 (50 leaves)
• Stamp duty: B$5 (50 pages)
• Stopped cheque: B$15 per cheque / Maximum B$100
• Stopped cheque due to insufficient funds: B$100
• Marked cheque: B$30
• Returned cheque due to insufficient funds: B$120
• Lost cheque book: B$5 per cheque / Maximum B$50
• Presentation of non-MICR cheque: B$0.50
• Cheque endorsement: B$15
• Cash cheque withdrawal via counter (retail clients): B$2 (charged to beneficiary)
• Cash cheque withdrawal via counter (corporate clients): (charged to beneficiary)
  • Up to B$5,000: B$1
  • B$5,001 to B$50,000: B$5
  • B$50,001 and above: 0.1% of the deposit amount
• Over The Counter (via Branch) - for transactions that can be performed via digital or self-service machines (corporate clients - charged to beneficiary)
  • Up to B$5,000: B$1
  • B$5,001 to B$50,000: B$5
  • B$50,001 and above: 0.1% of the deposit amount
• Cash deposit:
  • Up to B$5,000: B$1
  • B$5,001 to B$50,000: B$5
  • B$50,001 and above: 0.1% of the deposit amount
• Cheque utilization is limited to four (4) cheques for BIBD MSME account
• Fee is waived for BND 1,000 denomination and all SGD denominations

Other Fees

• Agency fee: Waived
• Fall-below fee: B$15 per month
• Early closure fee (closed within first 6 months): B$50
• Dormant account (inactive for 12+ months): B$5 per month
• Reactivation of dormant account: B$15

BIBD MSME Account

• Minimum initial deposit: B$50
• Minimum daily balance: B$50
• Minimum balance for profit distribution: B$3,000

Cheque Fees (BIBD MSME Account)

• Cheque book issuance (standard design): B$25 (50 leaves)
• Cheque book issuance (special design): B$50 (50 leaves)
• Stamp duty: B$5 (50 leaves)
• Stopped cheque: B$15 per cheque / Maximum B$100
• Stopped cheque due to insufficient funds: B$100
• Marked cheque: B$30
• Returned cheque: B$120
• Lost cheque book: B$5 per cheque / Maximum B$50
• Presentation of non-MICR cheque: B$0.50
• Cheque endorsement: B$15
• Cash cheque withdrawal via counter (corporate clients): (charged to beneficiary)
  • Up to B$5,000: B$1
  • B$5,001 to B$50,000: B$5
  • B$50,001 and above: 0.1% of the deposit amount
• Over The Counter (via Branch) - for transactions that can be performed via digital or self-service machines (corporate clients - charged to beneficiary)
  • Up to B$5,000: B$1
  • B$5,001 to B$50,000: B$5
  • B$50,001 and above: 0.1% of the deposit amount
• The bank has sole discretion to review, amend, and/or revise any terms, including fees and charges
• Customers will be notified of changes in fees and charges
• Fall-below fee is imposed when the account balance is below the minimum daily balance
• Account will be automatically closed if it has zero balance for 6 consecutive months

Savings Account

General Saver

• Minimum initial deposit: B$50
• Minimum balance: B$50

Tiered Saver

• Minimum initial deposit: B$50
• Minimum balance: B$50

Purpose Saver

• Minimum initial deposit: B$50
• Minimum balance: B$50

Easy Saver

• Minimum initial deposit: B$500
• Minimum balance: B$1,000

Haj Saver

• Minimum initial deposit: B$100
• Minimum balance: B$100
• Maximum balance for dividend: B$100,000

Passbooks

• Replacement of lost passbooks: B$15
• Passbook renewal: B$10
• Service fee of passbook savings: B$2 per quarter
• Fee is waived for BND 1,000 denomination and all SGD denominations
• Fall-below fee is imposed when the account balance is below the minimum daily balance
• Account will be automatically closed if it has zero balance for 6 consecutive months

Term Deposit Account

BND Term Deposit

• Minimum initial deposit: B$1,000
• Minimum balance: B$1,000
• Agency fee: Waived
• Premature uplift: Free @ Prevailing Rate to the nearest lower tenor
• Account will be automatically closed if it has zero balance for 6 consecutive months

Foreign Currency (FCY) Accounts

Current Account

• Foreign Currency CA - details by Currency:
  • AUD: Minimum Initial Deposit A$2,000, Minimum Daily Balance A$2,000, Fall Below Fee A$10, Early Closure Fee A$40
  • RMB: Minimum Initial Deposit CNY 5,000, Minimum Daily Balance CNY 5,000, Fall Below Fee CNY 60, Early Closure Fee CNY 300
  • EUR: Minimum Initial Deposit € 2,000, Minimum Daily Balance € 2,000, Fall Below Fee € 10, Early Closure Fee € 25
  • GBP: Minimum Initial Deposit £ 2,000, Minimum Daily Balance £ 2,000, Fall Below Fee £ 10, Early Closure Fee £ 25
  • SAR: Minimum Initial Deposit SR 3,000, Minimum Daily Balance SR 3,000, Fall Below Fee SR 40, Early Closure Fee SR 150
  • USD: Minimum Initial Deposit US$ 2,000, Minimum Daily Balance US$ 2,000, Fall Below Fee US$ 10, Early Closure Fee US$ 25
• Agency Fee: Waived

Deposit Fees

• In cash from BND to FCY account: Free @ Prevailing Selling Rate (TT)
• Transfer from BND account to FCY account: Free @ Prevailing Selling Rate (TT)
• In FCY cash or transfer to the same currency account:
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80

Withdrawal Fees

• In BND cash from FCY account: Free @ Prevailing Buying Rate (TT)
• Transfer to BND account from FCY account: Free @ Prevailing Buying Rate (TT)
• In FCY cash from the same currency account: 1% handling fee or minimum FCY10
• FCY transfer or debit from the same currency account:
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80

Savings Account

• Foreign Currency SA - details by Currency:
  • AUD: Minimum Initial Deposit A$ 1,000, Minimum Balance A$ 1,000, Minimum Balance for Profit Distribution A$ 1,000, Fall Below Fee A$ 10, Early Closure Fee A$ 40
  • EUR: Minimum Initial Deposit € 500, Minimum Balance € 500, Minimum Balance for Profit Distribution € 1,000, Fall Below Fee € 10, Early Closure Fee € 25
  • GBP: Minimum Initial Deposit £ 500, Minimum Balance £ 500, Minimum Balance for Profit Distribution £ 1,000, Fall Below Fee £ 10, Early Closure Fee £ 25
  • USD: Minimum Initial Deposit US$ 500, Minimum Balance US$ 500, Minimum Balance for Profit Distribution US$ 1,000, Fall Below Fee US$ 10, Early Closure Fee US$ 25
• Agency Fee: Waived

Deposit Fees

• In cash from BND to FCY account: Free @ Prevailing Selling Rate (TT)
• Transfer from BND account to FCY account: Free @ Prevailing Selling Rate (TT)
• In FCY cash or transfer to the same currency account:
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80

Withdrawal Fees

• In BND cash from FCY account: Free @ Prevailing Buying Rate (TT)
• Transfer to BND account from FCY account: Free @ Prevailing Buying Rate (TT)
• In FCY cash from the same currency account : 1% handling fee or minimum FCY10
• FCY transfer or debit from the same currency account:
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80

Term Deposit Account

FCY Term Deposit

• Minimum Initial Deposit: FCY5,000
• Minimum Balance: FCY5,000
• Agency Fee: Waived
• Premature Uplift: Free @ Prevailing Rate to the nearest lower tenor
• FCY Term Deposit is offered in AUD, EUR, GBP and USD currencies only.

Remittances

Inward Telegraphic Transfer (ITT)

• Payment in BND
  • Paid to BND account with BIBD: Free
  • Paid into account with other banks in Brunei Darussalam: B$20 + RTGS charges
  • Payment in SGD:
    • Paid to BND account within BIBD:
      • ≤ B$100,000: 0.1% commission in lieu of exchange (CILE) or minimum of B$12
      • > B$100,000: 0.03125% commission in lieu of exchange (CILE) or minimum of B$80
    • Paid into account with other banks in Brunei Darussalam: B$20 + RTGS charges
      • ≤ B$100,000: 0.1% commission in lieu of exchange (CILE) or minimum B$12
      • > B$100,000: 0.03125% commission in lieu of exchange (CILE) or minimum of B$80
• Payment in other FCY
  • Paid to BND account within BIBD: Free @ Prevailing Buying Rate (TT)
  • Paid to the same FCY account within BIBD:
    • ≤ B$100,000: 0.1% commission in lieu of exchange (CILE) or minimum B$12
    • > B$100,000: 0.03125% commission in lieu of exchange (CILE) or minimum of B$80
  • Paid to other FCY account within BIBD: Free @ Prevailing Buying Rate (TT)
  • Paid into account with other banks in Brunei Darussalam: B$20 + RTGS charges
• Cancellation / Return / Refund: B$25 + RTGS charges

Outward Telegraphic Transfer (OTT)

• Bank Charges
  • Within Brunei Darussalam: B$20
  • Outside Brunei Darussalam: B$25
• Correspondent Charges (Beneficiary to receive the exact amount -OUR)
  • EUR, GBP, SGD, & USD: B$45
  • JPY: 0.05% of remitted amount, minimum of B$35
  • Other Currencies: B$35
• Commission in lieu of exchange (CILE) for SGD and same FCY:
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80
• Amendment / Cancellation / Refund / Return / Stop Payment / Query: B$25 + beneficiary bank charges

Demand Draft (DD)

• Bank Charges: B$20
• Additional Charges
  • For GBP 100 and below: B$30
  • For EUR: B$30
  • For AUD: B$7
• Commission in lieu exchange (CILE) for SGD and same FCY
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80
• Cancellation / Refund / Return / Stop Payment: B$25 + beneficiary bank charges

Interbank Transfers (Transfer to Other Banks)

• Manual letter submission processing fee: B$5 per instruction

Over The Counter (Via Branch)

• Via RTGS: B$20
• Via ACH: B$2
• Stamp Duty: B$0.10

Cashier's Order

• Bank Charges: B$20
• Cancellation / Refund / Return / Stop payment: B$10

Outward Bills Collection (OBC)

• Minimum amount of Foreign Cheque
  • EUR / GBP / USD: FCY500
  • AUD / SGD: FCY250
• Bank Charges: B$15 + drawing bank charges
• Additional Charges
  • For GBP 100 and below: B$30
  • For EUR: B$30
  • For AUD: B$7
• Collection commission: 0.125% of the amount or minimum B$25
• Commission in lieu of exchange (CILE) for SGD and same FCY
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80
• Postage: Prevailing courier service rate

Inward Bills Collection (IBC)

• Bank Charges: B$10
• Remittance Charges
  • From Local bank: RTGS charges apply
  • From Foreign bank: OTT charges apply
• Collection commission
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80
• Commission in lieu of exchange (CILE) for SGD and same FCY
  • ≤ B$100,000: 0.1% commission in lieu of exchange or minimum of B$12
  • > B$100,000: 0.03125% commission in lieu of exchange or minimum of B$80
• Returned Cheque unpaid for any reason: B$120

Consumer Financing

• Personal Financing
  • Processing Fee
    • New Financing: B$200
    • Refinancing: B$150
  • Early Settlement
    • If the remaining financing term is more than half of the original tenure - 2% of the outstanding amount or maximum B$500, whichever is lower
    • If the remaining financing term is less than half of the original tenure - 1% of the outstanding amount or maximum B$250, whichever is lower
• Cancellation / Amendment Fee: B$150

Home Financing

• Processing Fee: B$350
• Early Settlement: 4 months of profit or minimum B$1,000 whichever is higher
• Cancellation / Amendment Fee: B$150

Naqd Financing

• Processing Fee: B$200
• Renewal Fee: B$100
• Cancellation / Amendment Fee: B$150

Letter and Certification

• Certificate of Balance: B$30
• Clearance Letter: B$30

Credit Cards

• Primary Card Annual Fees:
• Classic Mastercard: B$35
• Gold Mastercard: B$120
• World Mastercard: Waived with a minimum spent /use of B$12,000 to the Card within a twelve (12) months period.
• Visa Gold: B$120
• Visa Platinum: B$250 Waived with a minimum spent /use of B$18,000 to the Card within twelve (12) months period.
• Supplementary Card Annual Fee
• Classic Mastercard: B$15
• Gold Mastercard: B$60
• World Mastercard: Waiverd up to two (2) cards only
• Visa Gold: B$60
• Visa Platinum: B$125
• Cash Advance: B$35 per withdrawal
• Card Replacement: B$20
• PIN Replacement: B$15
• Dispute Handling: B$5 per transaction
• Foreign Currency / Mark-Up Fee: 2% of transaction amount
• Priority Pass Lounge Access: US$32 per visit per person, applicable for Visa platinum cardholder only.
• MTP by DragonPass Lounge Access: US$32 per visit per person, application for world Mastercard cardholder only
• Card Delivery:
• Within Brunei Darussalam : free
• Outside Brunei Darussalam - Prevating Courier Service Rate
• Payment: Adminstration Fee 1.5% per month on card Limit
• Withdrawal Limit Maximum Cash Withdrawal
  • Via ATM Cash ( Local / International) : B$2000 per day
  • Via Banks Counter: B$2000 per day

Debit Cards

• Annual Fee:
  • Debit Master Card: Free
  • World Debit Master Card: Free
• Card Replacement - B$15
• Transaction Fee:
  • BIBD ATM: Free
  • Non BIBD ATM ( local & international): B$6 per transaction
  • Non - Physical Cash/ Money Transfer Online: B$6 per transaction
  • Dispute Handling B$5 per transaction
• Foreign Currency / Mark-up Fee - 2% of transaction amount
• MTP by DragonPass Lounge Access - US$32 per visit per person
• Card Delivery:
  • Within Brunei Darussalam Free
  • Outside Brunei Darussalam - Prevailing courier service rate

Withdrawal And Spending Limit

• Details by Card Type
  • Debit Mastercard: Maximum Cash Withdrawal via ATM B$3000 per day, Maximum retail purchase via Point of Sale( onsite & online) B$3000 per day
  • World Debit Mastercard: Maximum Cash Withdrawal via ATM B$20,000 per day , Maximum retail purchase via Point of Sale( onsite & online) B$30,00 per day

Virtual Prepaid Card

• Also known as Virtual Prepaid Mastercard

Fee

• Annual Fee Free
• ATM Cardless Withdrawal Free
• Bill Payment Free
• P2P Transfer Free
• Dispute Handling Fee B$5 per transaction
• Foreign Currency / Mark-Up Fee 2% of transaction amount

Virtual Card - Withdrawal and Spending Limit

• ATM Cardless Withdrawal Maximum Limit Per Transaction B$1,500, Daily Transaction Limit B$1,500, Number of Transaction Per Day 5
• Peer to Peer Transfer: , Number of Transactions Per Day 10
• Send to vCard : Maximum Limit Per Transaction B$3,000
• E- Duit Raya: Maximum Limit Per Transaction B$3,000, Daily Transaction Limit B$5,000, Number of Transactions Per Day 50
• Bill Payment / Donations Maximum Limit Per Transaction B$3,000, Daily Transaction Limit B$3,000, Number of Transactions Per Day 10
• Purchase: Retail Outlets Maximum Limit Per Transaction B$3,000
• QuickPay Maximum Limit Per Transaction B$500 Daily Transaction Limit B$3,000, Number of Transactions Per Day 20
• E Credit Maximum Limit Per Transaction B$3,000 top up, Max & Daily limited $3000

Easy Payment Plan (EPP)

• The Easy Payment Plan is a plan that enable cutomers to purchase from merchants
• Fees
  • Processing
    • 6&12 Months :B40 Per Application
    • 18&24 Months: $70 per Application
  • Cancellation :B$100 Per transaction
• Purchase Ammount:
  • Tenor 6&12:
    • Minimum Purchase Amount: B300
    • Maximum Purchase Amount: B3000
  • Tenor 18 & 24 Months:
    • Minimum Purchase Amount: B$1200
    • Maximum Purchase Amount: B$6000

BIBD NEXGEN Online

• Registration: Free
• Token Replacement: B$20 per token
• Transaction:
• Bill Payment :$Free
• Fund Transfer:$Free
• Balance Inquery:$Free
• Credit card Payment:Free Top Up
• DES:$Free
• DST:$Free
• Progressif:$Free
• Remitance Transactions
  • Interblack transaction
    • VIA RTGS: B$5 -VIA ACH:B$0.7
• Telegraphic Transactions: Free
• Stamp Duty: $B0.10
• Cheque, Stopped chequet B$15
• Aspirasi
• Initialy suscription / deposit : 5b for new subscription only
• subsequent Top ups /deposit:free
• Agency free Free

BIBD NEXGEN Wallet

• Registration :Free
• Token Replacement: B$20 per token
• Downloald APP:Free
• Transaction:
• Bill Payment :$Free
• Fund Transfer:$Free
• Balance Inquery:$Free
• Credit card Payment:Free
• QuickPay:$Free
• evocher:$Free
• Ecredit:$Free Top Up
• DES:$Free
• DST:$Free
• Progresif:$Free

Remitance Transactions

• Interblack transaction
  • VIA RTGS: B$5 -VIA ACH:B$0.7

BIBD Self Service Banking

• Automated Teller Machine (ATM)
  • BIBD:Free
  • Other Cards: Not Aplpicable

Safe Deposit BOX

• Key Deposit : $300 (Remundable upon return of original key)
• Break open Safe Deposit Book :B$10001
• Anuual rental rate
  • Box site 14 $325
  • Box site 27 $300
  • Box site 11: $200
  • Box site 7: $150

Other service

• Standy insruction set up free : B$10

• Ammandment free : B$10

• Internal Actomated transfer:

• Within bibo: B$ 20.10

• external automated transaction outside :B$ 20:10

• insufficient fund admittive free Impose after 3 consecutine unsucessful transfer : B$20

• Bulk coins counting

• service are only accesible for account holder . Amount : below $100: free Ammount for the first $100:$B10 Amount for every additinal B$100: $B10 .

• Buk notes counting . 100 - 500 prices of notes with B$1 denomination :10 .501 prices : for maximem fees on 50 Statement Retrieval

• Minimum B$5 : $1 per peice , whic ever IS higher

• From 1 yearto 2 YEARS :$1 per piece , which ever is higher.

• From 1 YEARS: #1 per piece wich ever is higher ##Letter of Certification For Retail Customers: -*Certification Letter: B$ 20 -Corporate Customers -Letter of Certification: B$50 -Letter of intent: B$50 -Letter of Subport:B$50 Letter Of Undertaking: $50 -Letter of Clearance : B$50

• Finacing Bettlement Letter: B$ 50-4

• Letter of Relaterca! B$ 50

• Company account closure letter: B$ 50

• Gorpand y information updale: B$ 50 letter: $50 -bankers cuarntee leHer B$ 50 -Su-at Permbatulan jamanain bank: B$ So cartificato of balance: By 50

• Deliverny with in Brunei Darussalam. Free

Perdana Privilage baking

- service charge : mot melting Elgibalitg criteria: ($150 monthly

Deposit

• free: & pevaluling rate

Rummittances

Bank charge

• OutwARD Telegram transfer:waired via RIGS( Waived) B)

Waured

Cable Change"B 153

###World Debet master cord

• The waiver of card and plan replavement fee is subject to the deciion of the bank
• Maximmen withdrwal via Alm : with be B20,000

###World mster cord The waiver card and Pin repacement fe is subject to he decision of the bank Max: WITH ATM "1$2000 or 5 than action ber day

online baking

• Bank charges
• Outward Telegrarhio trandfes: waaived
• via RIGS Waived cable change: waire

###conumsure Finance

• proceng tee: waiverd
• home Finance wavierd
• waired

###Ar-Rahnu micro financial safekeeping Feell: the fonacing value of single lefm paumed thoue not excted 85 5000