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Changes to Service Fees and Charges for Business Current Account Holders

30 November 2022

We would like to inform you of the following changes to our service fees and charges effective 1 January 2023:

Existing fees and charges

Revised fees and charges

Issuance of cheque book (50 leaves)

Fee: BND10 per cheque book

Stamp duty: BND0.10 per cheque

Issuance of cheque book (50 leaves)

Fee: BND25 per cheque book

Stamp duty: No change

Cash withdrawal via cheque (over-the-counter)

Per transaction:
• Up to BND5,000
Fee: BND1

• BND5,001 – BND50,000
Fee: BND5

• BND50,001 and above
Fee: 0.1% of withdrawal amount

Cash withdrawal via cheque (over-the-counter)

No change

Online Interbank Fund Transfer via RTGS*

Fee: BND15 per beneficiary

Online Interbank Fund Transfer via RTGS*

Fee: BND5 per beneficiary

Online Interbank Fund Transfer via ACH* (Direct Credit)

Fee: BND5 per beneficiary

Online Interbank Fund Transfer via ACH* (Direct Credit)

Fee: BND0.70 per beneficiary

*Note: Current waiver will end on 31 December 2022.

We strongly encourage the use of Baiduri b.Digital Business (available in web version and mobile app) for all local payments and remittances, which offers round-the-clock convenience, security and lower fees for online RTGS and ACH transfers.

If you have any objection to the revised fees and charges or have any questions, please speak to your Account Officer or Relationship Manager, or call 244 9666 before 1January 2023.

Thank you for your understanding.

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*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.
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