Eligibility

• Government organisations and Private Limited Company only.
• Companies owned in full or part by nationals and permanent residents of Brunei Darussalam.

Required Documents

• Application forms.
• Certificate of incorporation, memorandum and articles of association, Particulars of Director and shareholders.
• Company’s Resolution for corporate MasterCard Credit Card application.
• Identity card or passport of company’s directors.
• Identity card or passport of company’s cardholders.
• Management of Accounts/Audited Accounts. (Balance Sheet and Profit & Loss)

Term

• Two (2) years to be renewed annually.

Limits

The limits/entitlement shall be set based on the following:

1. Government-Linked companies
   • Subject to the amount required and authorised amount.
2. Other Companies/Corporations
   • Based on the credit assessment by BIBD:
     • For Financing Account Holder.
       • Up to BND350,000 and depending on Existing Financing Exposure.
     • For Non-Financing Account Holder.
       • Based on company’s audited account.
       • Performance of current account.

Security Features

• Chip based.
• Notifications through SMS alert.
• Fraud Monitoring System.
• MasterCard 3D secure for e-commerce transactions.
• 24/7 Contact Centre and fraud monitoring system. (based in Brunei)

Fees

• Annual fee – BND50 per card.
• Administration fee – 1.5% per month on card limit.
• Replacement fee – BND20 per card.
• Late charges – None.

Payment Options:

• 100% of outstanding balance or 8% of the outstanding balance.
• Direct debit from account.

Eligibility

• Applicant organisation has a Current Account with BIBD.
• Only available for selected governmental and private companies by government directive.

Required Documents

To expedite the processing of your application, please enclose the following documents with your completed application form:

• Ministry / Department Director’s approval letter.
• List of names and signature specimens for the authorised signatories.
• List of name, signature specimens and copy of identity card for drivers.
• Copy of Purchase Order.
• Copy of the Business Registration. (Section 16 and 17)
• Copy of Business Certificate of Incorporation.
• Copy of Board of Resolution, if applicable.
• Copy of company’s current account bank statement for the past 3 months.
• List of authorised signatories’ name and signature specimens.
• List of driver’s name, signature specimens and copy of identity card.
• Open Current account with BIBD.
• PVA Form. (for private sector organisations)

Access

• Helping your organisation manage fuel purchasing with ease.
• No more hassle when paying for fuel; all transactions are cashless and are automatically recorded into your corporate account.
• Cut down on paperwork that comes with fuel purchase reimbursement for your employees.
• Track and manage your fuel expenses with accuracy, using our Fleet Card reporting system.
• Fleet Card comes with a variety of control features, including a designated security PIN number for every card issued to deter unauthorised usage.
• Fleet Card is Shariah compliant, giving you peace of mind knowing that this is in line with your values.

Fees

• Annual fee – BND30 per card.
• Issuance fee – BND5 per issuance.
• Admin fee – 1.5%/ monthly levied for any outstanding amount.