Business

Foreign Currency

A current account facility in your choice of foreign currencies.

Foreign Currency Current

Features & Benefits

  • Flexibility to transact in any of the 6 major foreign currencies: USD, GBP, AUD, EUR, RMB and SAR.
  • Easy tracking of your transactions and account balance through monthly statement.
  • Issue your Telegraphic Transfer or Demand Draft at any of our 15 branches.
  • Foreign currencies and remittances facilities.
  • Shariah Concept
    • Wadiah Yad Dhamanah

      The concept used here is Wadiah Yad Dhamanah, or more commonly referred to as Wadiah. Under this Islamic concept, you will enjoy guaranteed safekeeping services of your money.

  • Eligibility

    Companies registered or incorporated in Negara Brunei Darussalam, either in the form of a proprietorship, partnership or private limited company.

  • Required Documents

    For Proprietorship & Partnership Company:

    • Certificate of Registration - Section 16 and 17
    • Original copy of identity card(s) of the proprietor/partners/signatories

    For Private Limited Company:

    • Certificate of Incorporation
    • Particulars of Directors and Shareholders (Form X)
    • Original copy of identity cards of the directors/signatories
    • Directors' Resolution to open/maintain term Investments
  • Fees and Requirements
    • Minimum Opening Deposit

      Minimum opening deposit in the specified foreign currency (FCY) is required.

    • Cash Notes

      1% of the value of cash note, with minimum fee of FCY10.

      For more details, please refer to the Bank's Schedule of Tariffs

    • Admin Fee

      For transactions up to BND100,000, the admin fee is 0.1% of the transacted amount, with a minimum fee of BND12.

      For transactions exceeding BND100,000, the admin fee is 0.03125% of the transacted amount, with a minimum fee of BND80.

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