BIBD Flex
A general savings account which grants you easy access to your money.
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Eligibility
Parent / Legal Guardian with teenager aged 15 to 17 years old
Brunei Citizens and Permanent Residents
Foreign Citizens with valid work / student permit -
Required Documents
For both Parent/ Legal Guardian and teenager
- Original identity card (Brunei Citizens and Permanent Residents)
- Passport (Foreign Citizens) -
Requirements
Minimum opening deposit and monthly balance of B$ 50.00 is required
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Fees
Refer to the Bank's Schedule of Tariffs.
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Features
- Worldwide Debit Card Access
- Largest network of ATM and branch access nationwide
- Track your finances easily through NEXGEN by Parent/ Legal Guardian -
Suitable For
Teenager aged 15 to 17 years old
Features
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Easy access to your money
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Online banking via NEXGEN through Parent / Legal Guardian
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Worldwide Debit Card Access
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Largest ATM network
Suitable For
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Teenagers 15 to 17 years old
Quick links
Wakalah
Refers to Agency contract. The Depositor (“Muwakkil”) appoints the Bank as their agent (“Wakil”) to utilize and invest their deposits in profitable Shariah-compliant transactions. The Depositor will be offered an expected profit rate from the investments and the Bank will earn an Agency (“Wakalah”) Fee for the service rendered. Any amount that the Bank earns in excess of the Depositor’s expected profit will be retained by the Bank as Commission (“Ju’alah”).
The profit distribution is on a monthly basis.
Please read the following documents before you decide to take up the product:
- General Wakalah Terms & Conditions of Deposit Products (English)
- BIBD General Wakalah Supplemental Terms & Conditions (English)
- BIBD Debit Card Terms & Conditions (English)
- BIBD Debit Cards Supplemental Terms & Conditions (English)
- General Saver Product Disclosure Sheet (English/Malay)
- BIBD Debit Card & BIBD Virtual Prepaid Card Product Disclosure Sheet (English/Malay)
- BIBD General Saver & Debit Card For Minors Frequently Asked Questions (English)
For more details, please refer to the Bank’s Schedule of Tariffs or the list of applicable rates for this product.
Guaranteed protection up to maximum B$ 50,000.00 per depositor under the Deposit Protection Scheme.