OVERVIEW
Receive local and international payments easily through our clearing system and network of correspondent banks worldwide. Monitor your incoming funds easily with an audit trail of your transaction record.
Key Features & Benefits
- View all your account and transaction details in one platform
- Easy fund transfers and bill payments for your customers and clients
- Conveniently download your account statements to keep track of company activities
- ACH and RTGS payment options for your customers to select from
Note:
Automated Clearing House (ACH) – Scheduled transfer between local banks for amount up to BND100,000. Funds will be credited on the same day* if request is submitted before cut-off time.
Real time Gross Settlement (RTGS) – Direct transfer between local banks.
Funds will be credited within a few hours* if request is submitted before cut-off time.
*Subject to processing time of Beneficiary's bank. Requests submitted after the cut-off time and on Saturday, Sunday and public holidays will be affected on the next working day.
Automated Clearing House (ACH) – Scheduled transfer between local banks for amount up to BND100,000. Funds will be credited on the same day* if request is submitted before cut-off time.
Real time Gross Settlement (RTGS) – Direct transfer between local banks.
Funds will be credited within a few hours* if request is submitted before cut-off time.
*Subject to processing time of Beneficiary's bank. Requests submitted after the cut-off time and on Saturday, Sunday and public holidays will be affected on the next working day.
Cut-off time during Ramadhan is 12:00pm Monday to Thursday and 9:30am on Friday.
Requests submitted after the cut-off time and on Saturday, Sunday and public holidays will be processed the next working day.
Requests submitted after the cut-off time and on Saturday, Sunday and public holidays will be processed the next working day.
Note:
Cut-off time for Fund Transfers to other local banks are as follows:
- ACH type of fund transfers: 12:00pm (Monday to Friday)
- RTGS type of fund transfers: 12:00pm (Monday to Friday)
Cut-off time for Overseas Telegraphic Transfers (OTT) for same-day and same-value processing are as follows:-
Transfers made after the cut-off time will be processed the next working day.
- 2:00pm (Monday to Friday)
- 10:30am (Saturday)
Transfers made after the cut-off time will be processed the next working day.
Note:
The cut-off time for Fund Transfers are as follows:
To another local bank
ACH transfers: 12.00pm (Monday to Friday)
RTGS transfers: 12.00pm (Monday to Friday)
To an overseas bank
12.00pm (Monday to Friday)
10.30am (Saturday)
- Terms & Conditions
- Fees & Charges
- Others
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Terms & Conditions
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Fees & Charges
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OthersOthersReceiving Telegraphic Transfer from Overseas
You will need to provide the following details to the sender of the funds:
Our Full Address:
Level 1, Baiduri Bank Headquarters
1 Jalan Gadong
Bandar Seri Begawan BA1511
Negara Brunei Darussalam
Our SWIFT code: BAIDBNBB- Your account name
- Your address
- Your full account number to be credited
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