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Home Deposit Products Saving Deposit Al-Wadiah Saving Account
Wadiah Saving Account
Al-Wadiah Saving AccountWadiah Savings Account is a savings account that guarantees:
  • 100% of your savings amount
  • Easy withdrawal of cash from ATM
  • Convenience of direct debit from your account through the EFT-POS machine at more than 250 merchants
Deposits
A minimum:

  • Deposit of B$50.00
  • Balance of B$50.00 to be maintained at all times
Savings can be made in:
  • Cash
  • Cheque
  • Standing Instruction
Facilities
  • Passbook will be provided upon opening of account
  • ATM card will be given upon customer request
  • Convenience of Zakat counter
  • Dividend will be paid to depositors maintaining a minimum average balance of B$250.00 per month
Passbook/Statement
  • Updating of passbook can be done at any BIBD branches
  • Any lost passbook can be reissued with original copy of the police report.
Eligibility
  • Brunei Citizens and Permanent Residents
  • Open to individuals of all ages
  • Sole Proprietor
  • For children below the age of 16, account will be jointly opened with one of the parents or guardians who will act as the Account Administrator.
Required Documentations
  • Original copy of I.C./ Passport (for Individual / Joint Account)
  • Copy of Birth Certificate (for dependant account)
  • Copy of company registration
  • Letter of Authorisation
* Bank’s terms and conditions apply