Exclusive interest rate of 1.2% p.a.*

Baiduri Prestige Sign Up Promotion (“this Promotion”) Terms and Conditions:

1. Term
1.1 This Promotion begins on 2 November 2017 and ends on 31 December 2017, both dates inclusive (the “Promotion Period”).
1.2 This Promotion is open to new customers of Baiduri Bank (“the Bank”) who fulfill the following requirements during the Promotion Period:
  • (a) start a Baiduri Prestige relationship and open a 6-month Brunei Dollar Fixed Deposit Account with fresh funds of BND100,000 and
  • (b) apply for a Baiduri Visa Infinite Credit Card with perpetual fee waiver
A new customer is defined as an individual who starts a relationship with the Bank during the Promotion Period (an “Eligible Customer”).
1.3 For the purpose of this Promotion, fresh funds refer to funds not originating from any existing account with Baiduri Bank or Baiduri Finance and funds that are not withdrawn and re-deposited within the last 30 days.
1.4 To meet the eligibility criteria of Baiduri Prestige, a minimum amount of BND100,000 must be maintained in deposits and investments with Baiduri Bank and/or Baiduri Finance.
1.5 An Eligible Customer who meets all of the requirements above must also maintain at least BND100,000 of assets under management with Baiduri Bank or Baiduri Finance for at least two (2) years after establishing the Baiduri Prestige relationship, in order to qualify for the Promotion Offer set out in clause 2 below.
2. Promotion Offer
2.1 Eligible Customers will enjoy promotional interest rate of 1.2% p.a. on their 6-month Brunei Dollar Fixed Deposit.
2.2 Each Eligible Customer is only entitled to have ONE (1) 6-month Brunei Dollar Fixed Deposit account at the promotional interest rate under this Promotion Offer.
2.3 The promotional interest rate is applicable up to a maximum of BND100,000 only.
2.4 The promotional interest rate and tenor stated are applicable for a limited time period only and are subject to change by Baiduri Bank at its sole discretion and without notice.
2.5 Upon maturity of the 6-month Brunei Dollar Fixed Deposit, prevailing interest rates will apply.
3. General
3.1 This Promotion is governed by Baiduri Bank’s terms and conditions on the related products 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 Promotion 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 this Promotion. Its determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.