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Fixed Deposit
Earn higher returns on your deposits

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
  • Eligibility Criteria

    Eligibility Criteria
    Minimum initial deposit of BND1,000.
  • 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
    • Please see Personal Current Account for identification requirements.  
    • 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. 
  • Fees & Charges
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