Fund Transfer

OVERVIEW

Enjoy multiple benefits when you transfer funds locally and internationally. You have the options of transferring online or at any of our branches.

Key Features

Transfer to your own account or a third-party account within Baiduri.

Transfer to another local bank account*.

Transfer to an overseas bank account*.

Manage multiple fund transfers at one go.

Set up instructions for future-dated transfers.

50% off charges for outward and inward online telegraphic transfers .

Preferential foreign exchange rates.

*Charges may apply. Please refer to our general tariffs.

BENEFITS

Have the choice to manage fund transfers at any of our branches or transfer securely and conveniently online with Baiduri b.Digital Personal!

With Baiduri b.Digital Personal, you can manage your transfers with just a few taps anytime, anywhere.

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:-

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)

Requests submitted after the cut-off time and on Sunday or 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:-

2:00pm (Monday to Friday)
10:30am (Saturday)

Transfers made after the cut-off time will be processed the next working day.

Note:

With effect from 3 May 2023, the following cut-off times apply:

Through b.Digital Personal and b.Digital Business

Through branch counters

Local Bank transfers
(ACH* & RTGS**)

* ACH: Automated Clearing House
** RTGS: Real Time Gross Settlement

Monday to Friday

2:00pm

Monday to Friday

12:00pm

All transactions will be valued the same day upon cut-off time.
Requests submitted after the cut-off time and on Saturdays, Sundays or public holidays will be processed the next working day.

Through b.Digital Personal and b.Digital Business

Through branch counters

Transfers to overseas banks

Monday to Friday

2:00pm

Saturday

10:30am

Monday to Friday

12:00pm

Saturday

10:30am

SGD and other foreign currency transfers less than BND10,000 will be valued on the same day. Transfers of foreign currencies more than BND10,000 will be valued within two working days, subject to beneficiary bank’s public holidays.
Requests submitted after the cut-off time, Sundays or public holidays will be processed the next working day.

Fees & Charges
Telegraphic Transfer

Fees & Charges

Fees & Charges
view our general tariffs
Telegraphic Transfer
Telegraphic Transfer
To send an overseas telegraphic transfer, you will need to provide the following details to us:

Your full name, e.g. SITI HAZIRAH AHMAD or ABC COMPANY LTD.
Beneficiary's full name, e.g. AZIM BIN ABDULLAH or XYZ PTY LTD.
Beneficiary's account number (Note: They may ask for a SWIFT code)
Full name and address of Beneficiary's bank

Please click here for details on Beneficiary Bank.
Please click here for details on revised Overseas Telegraphic Transfer Correspondent Charges for “OUR” tariffs only.
To receive an Overseas Inward Telegraphic Transfer, you will need to provide the following details to the Sender:

Our full address:

MAIN BRANCH
Level 1, Baiduri Bank Headquarters
1 Jalan Gadong
Bandar Seri Begawan BA 1511

Our SWIFT code: BAIDBNBB

Your account name
Your address
Your account number to be credited

Note:
Request submitted after the cut-off time and on Saturday, Sunday and public holidays will be processed the next working day.

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