Banking Services
Services to cater for your needs
Zakat Counter
Making it easier for you to fulfill your religious obligation.
Enjoy the convenience in paying zakat on your deposits. Simply proceed to our Zakat counter and we will process your request accordingly.
Zakat calculation is free of charge, and is based on a specified percentage.
Open only to Muslim customers who maintain a BIBD account and fulfill the zakat condition.
Remittances
Different types of remittance services to cater to your specific needs.
Cashier's Order
Local currency payment facility in the form of a Banker's cheque
Inward Remittances
Local currency clearing facilities
Telegraphic Transfer
Facility provided for electronic transfer of funds to accounts located
Demand Draft
Foreign currency payment facility in the form of a Banker's cheque
Outward Bills for Collection
Foreign currency clearing facilities
International payments
- Swift code for BIBD: BIBDBNBB
- This should be used whenever funds are sent from overseas to BIBD accounts. SWIFT or BIC (Bank Identifier Code) codes should be used on all international payments to identify a particular bank or financial institution.
Transaction Limits for Transfers & Remittances using NEXGEN Online & NEXGEN Wallet
The following transactions limits apply for Interbank Transfers (via ACH or RTGS) or Telegraphic Transfer
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- Interbank Transfer via ACH & RTGS
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- NEXGEN Online (for all BIBD customers excluding PERDANA)
- B$10,000 limit per transaction
- B$50,000 limit per day
- NEXGEN Online (for all BIBD customers excluding PERDANA)
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- NEXGEN Online (for PERDANA customers)
- B$25,000 limit per transaction
- B$100,000 limit per day
- NEXGEN Online (for PERDANA customers)
- NEXGEN Wallet
- B$2,000 limit per transaction
- B$5,000 limit per day
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- Interbank Transfer via ACH & RTGS
- Telegraphic Transfer
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- NEXGEN Online
- B$50,000 per transaction
- B$200,000 limit per day
- NEXGEN Online
- NEXGEN Wallet
- B$50,000 per transaction
- B$100,000 limit per day
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Shariah Concept
Al-Ajr
Refers to the service provided by the Bank with an imposed fee.
Required documents
- Original identity card or passport
- Completed Remittance form
Terms & Conditions
- You may refer here for the Remittance Terms & Conditions.
Safe Deposit Box
Have peace of mind when using our safe deposit boxes.
Secure your valuable using our BIBD safe deposit boxes at our Head Office at Bandar. You may choose to store a wide range of possessions, including:
- Precious stones
- Precious metals
- Currencies
- Marketable securities
- Important documents (e.g. wills, property deeds, and birth certificates)
Safe Deposit Box A
16″ x 16″ x 20″
B$ 325/year
Safe Deposit Box B
10″ x 10″ x 20″
B$ 300/year
Safe Deposit Box C
5″ x 10″ x 20″
B$ 200/year
Safe Deposit Box D
3″ x 10″ x 20″
B$ 150/year
Shariah Concept
Al-Ijarah
Refers to a lease contract whereby the lessor lease an asset to lessee for an agreed payment and period. The Bank (“Lessor”) provides a rental service of its Safe Deposit Box to the Customer (“Lessee”) to store their valuable items for an agreed fee and period.
Eligibility
- BIBD account holder
- Brunei Citizens and Permanent Residents
- Foreign citizens with valid work/student permit
- Individuals aged 18 and above
Required Documents
- Original identity card or passport
