YOU ARE IN PERSONAL BANKING
Baiduri Twin Currency Deposit is a foreign exchange linked deposit that can meet your foreign currency needs while offering the potential for greater interest than a traditional fixed deposit.
Whether you frequently travel for business, have children studying abroad, or are simply interested in diversifying your investments with foreign currency, Baiduri Twin Currency Deposit may be the perfect solution for you.
To start investing, you will need to determine your second currency you wish to hold and must agree to terms including investment amount, currencies involved, maturity, and strike price.
Interest is earned in the originating currency, but the principal has the possibility of payment in the second currency, set the exchange rate, your deposit amount and your preferred deposit tenor.
Upon fixing date, if the prevailing exchange rate for the base currency matches or is higher than your pre-agreed rate, you will receive your initial deposit plus interest in your base currency.
If the prevailing exchange rate for the base currency is lower than your pre-agreed exchange rate, you will receive your initial deposit plus interest in your alternate currency at your pre-agreed rate.
A risk profile assessment will be conducted first to see your suitability for the product
A step by step guide on how it works:
Step 1
Principal Amount/ Base Currency
Alternate Currency
Tenor
Pre-Agreed Exchange Rate/Strike Price
*All rates and figures that appear here are for illustrative purposes only.
No subscription fee.
GET IN TOUCH WITH US
Contact our customer support team if you have any further questions. We are here to help you.
A new change is coming
We will be introducing a new online business banking service, bringing new and improved features to enhance your experience with us. The new service will be rolled out to all customers in phases and our existing Baiduri Business i-Banking service will remain available to you, until such time you have been successfully migrated to the new service.
What you need to do now
To minimise any disruptions to the new service rollout, it is important that we have a record of the most current and valid details of all your existing Baiduri Business i-Banking user(s). This information is mandatory to allow your existing user(s) to proceed with first-time login to the new online business banking service.
*Note: We are currently rolling out our new online business banking service, Baiduri b.Digital Business to existing customers in phases. For users who have not yet received their new login credentials, please continue to access the Business i-Banking service for your online banking needs. For more information, please contact our Customer Helpline at +673 2449666 or email us at [email protected]
Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC and mobile number via BIB Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.