Features & Benefits

  • Flexibility to transact in any of the 4 major foreign currencies: USD, GBP, AUD and EUR.
  • Choose to withdraw your money at any of our 14 branches, by Telegraphic Transfer or Demand Draft.
  • Enjoy the convenience of tracking your transactions and account balance through BIBD online.
  • Enjoy the foreign currencies and remittances facilities.

Shariah Concept

  • Wakalah

    The Depositor ("Muwakkil") enters into a Wakalah Agreement with the Bank ("Wakil") and deposits a certain amount of money to the Bank to be utilized and invested in profitable Shariah-compliant transactions. The Depositor will be offered the expected profit rate from the Investments and the Bank will earn a Wakalah fee for the service rendered. Any amount that the Bank earns in excess of the Depositor's expected profit (after deducting the Wakalah fee) will be retained by the Bank as incentive. Learn more »


  • Brunei Citizens and Permanent Residents
  • Foreign citizen with valid working permit
  • Individuals aged 18 and above

Required Documents

  • An original copy of identity card or passport
  • Proof of employment (where applicable)

Fees and Requirements

  • Minimum Opening Deposit

    Minimum opening deposit of 500 currency units in the specified foreign currency (FCY) is required; except for Australian Dollar, the minimum is AUD1000.

  • Cash Notes

    1% of the value of cash note, with minimum fee of FCY10.

  • Administration Fee

    For transactions up to BND100,000 , the administration fee is 0.1% of the transacted amount, with a minimum fee of FCY10.
    For transactions exceeding BND100,000 , the administration fee is 0.03125% of the transacted amount, with a minimum fee of FCY100.

Remittance charges apply for Demand Draft and Telegraphic Transfer.

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.

"Depositors of Bank Islam Brunei Darussalam are guaranteed protection up to maximum BND50,000 per depositor under the Deposit Protection Order 2010"

Please read this Product Disclosure Sheet before you decide to take the Foreign Currency Saver. Be sure also to read the General Terms and Conditions.