Current Account

OVERVIEW

Manage all your business transactions in a single account with the option of issuing cheques for payments.

Key Features & Benefits

Choice of Currencies

Available in Brunei Dollar (BND) and foreign currencies.

Extra Security

In case of emergencies, you can make use of overdraft facilities to meet any urgent need for cash.

Convenience and Simplicity

Bank at your convenience with services such as ATMs and our Business I-Banking service which offers 24/7 access to your accounts.

Convenient Automated Transfers

Arrange for automatic monthly fund transfers and bill payments with Standing Instructions.

Cheque Payments

Transact conveniently using cheques instead of carrying around large sums of cash.

Eligibility Criteria
Required Documents
Fees & Charges

Eligibility Criteria

Eligibility Criteria
Minimum initial deposit of BND2,000.
Required Documents
Required Documents
COMPANY ACCOUNT

All accounts must be opened at a Baiduri Bank branch in person.

1. Sole Proprietor or Partnership

Certificate of Registration – Section 16 & 17
Sole proprietor or partners’ valid identification documents as per Section 17 and the Bank’s proof of identity requirements for individuals¹
Authorised signatories’ valid identification documents (Identity card or passport)

2. Limited Companies

Mandate for Account – Limited Company
Certification of Incorporation of Private Company
Form X (if applicable)
Printed copy of Company Extract
Memorandum & Articles of Association
Return on Allotment of Shares
Valid Identification documents for all shareholders²
Board Resolution signed by all directors
All directors’ valid identification documents as per Form X and the Bank’s proof of identity requirements for individuals¹
Authorised signatories’ valid identification documents (identity card or passport)

3. Society, Club or Association

Approval letter from Registrar of Societies or an appropriate authority approving the formation
Committee Minutes of Meeting signed by the Chairperson
Chairperson and authorised signatories’ valid identification documents (identity card or passport)
Constitution of the organisation
List of current office bearers and members of the governing body or committee
¹Please see Personal Current Account for identification requirements.
²If the significant shareholder is a limited company or partnership, valid identification documents of the limited company’s shareholders (signed by shareholders and originals sighted by Bank staff) are required. A copy of the Annual Return on Allotment of Shares of the significant shareholder i.e. the limited company is also required for verification of shareholding.
Fees & Charges

Fees & Charges
view our general tariffs

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