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

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 (EnglishMalay) and Products Disclosure Sheet 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.