Foreign Savings Account

A savings account facility in your choice of foreign currencies.

Eligibility

Brunei Citizens and Permanent Residents
Foreign Citizens with valid work / student permit,
Individuals aged 18 and above
Required Documents

Original identity card or passport
Original birth certificate (for dependent account)
Requirements

Minimum opening deposit of;
500 foreign currency units for EUR, GBP & USD
1,000 foreign currency units for AUD

Minimum monthly balance of 1,000 foreign currency units for AUD, EUR, GBP & USD
Fees

Refer to the Bank's Schedule of Tariffs.

Features

Transact in six currencies
Easy access to account through NEXGEN

Withdraw in local or foreign currency
Remittances facilities

Suitable For

Students and Minors
Retired Individuals

Working Professionals

Quick links

General Wakalah Terms & Conditions

Shariah Concept

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”).

Profit Distribution

The profit distribution is paid subject to account balance meet the minimum monthly balance

Further Information

Please read the General Wakalah Terms & Conditions of Deposit Products (English / Malay) before you decide to take up the product.

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.