OVERVIEW
With higher returns come higher earning potential for your funds. Find out what we can offer you today.
Key Features & Benefits
- Eligibility Criteria
- Required Documents
- Fees & Charges
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Eligibility CriteriaEligibility CriteriaMinimum initial deposit of BND1,000.
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Required DocumentsRequired DocumentsCOMPANY 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)
- Printed copy of ROC Business Name Extract
2. Limited Companies- Mandate for Account – Limited Company
- Certification of Incorporation of Private Company
- Form X (if applicable)
- Printed copy of ROC Business Name 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
- 1 Please see Personal Current Account for identification requirements.
- 2 If 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.
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Fees & Charges
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