Transaction Banking
Tailored transaction solutions for institutions and large corporations in Brunei.
General Explanation
We offer a full scope of innovative and tailored transaction solutions in payments and cash management services.
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Payments Management
We offer products and solutions to help you effectively manage your payments. With BIBD's Payables solutions, you can initiate payments securely and efficiently thanks to our straight through processing capabilities. Our comprehensive payment services will be tailored to enhance your accounts payable process. This will eliminate many manual tasks involved in making payments, allowing you and your staff to spend more time focusing on your core business needs.
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Receivables Management
Our receivable solutions ensure receivables are collected in an efficient and timely manner to optimise utilisation of funds.
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Subsidiary Management
Our subsidiary management services allow you to effectively manage and perform fund transfers from parent to subsidiary companies. This can be done via our BIBD BizNet platform.
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Payroll
We provide flexible payroll services that improve payroll management for employers of small, medium, or large businesses. Payroll services are aim to streamline your payroll process, improve productivity and simplify administration. We manage the time-consuming tasks of payroll processing so you can focus on running your business.
Features
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Bulk Credit & Funds Transfer
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Funds Transfer from parent company to subsidiary
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Direct Debit & Collective Services
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Online data filed upload & data input
Al-Ajr
Refers to the service provided by the Bank with an imposed fee.
