Earn up to 2% p.a. on your deposit

Baiduri 2018 Certificate of Deposit - Series 1A & 1B ("this Offer") Terms and Conditions:

1. Term
 
1.1 This Offer begins on 28 May 2018 and ends on 28 June 2018 or upon full subscription, whichever is earlier (the "Offer Period").
1.2 This Offer is open to all new and existing customers of Baiduri Bank ("Eligible Customers").
2. The Offer
 
2.1 An Eligible Customer will be entitled to the interest rates as below by making a minimum placement of BND1,000 into Baiduri 2018 Certificate of Deposit - Series 1A or 1B.

Baiduri 2018 Certificate of Deposit - Series 1A
Tenor: 3 years
Fixed interest rate: 1.68% per annum
Interest payout date: 29 June 2021

Baiduri 2018 Certificate of Deposit - Series 1A
Tenor: 5 years
Fixed interest rate: 2.00% per annum
Interest payout date: 29 June 2023

2.2 An Eligible Customer may make multiple placements during the Offer Period.
2.3 Early upliftment will incur an administrative fee of BND100 and forfeiture of any interest accrued.
3. General
 
3.1 This Offer is governed by Baiduri Bank's terms and conditions on the Certificates of Deposit, the corresponding Annexures and any other documents forming the agreement to transact.
3.2 Baiduri Bank may, at any time and without prior notice or liability to any party, suspend or terminate the Offer or vary these terms and conditions.
3.3 Baiduri Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with the Offer. Its determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.