General Account

A general current account that gives you the safety and convenience of holding a cheque book.

Features & Benefits

• Enjoy the convenience of cheque payments.
• Largest network of ATMs and bank branches.
• Monthly bank statements are given to help you track your transactions and account balance.
• Foreign currencies and remittances facilities.
• Access your account anytime, anywhere through BIBD Corporate Internet Banking.
• Pay your Zakat conveniently using our Zakat counter services.

• 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.

• Eligibility

  Companies registered or incorporated in Negara Brunei Darussalam, either in the form of a proprietorship, partnership or private limited company.

• Required Documents

  For Proprietorship & Partnership Company:

  • Certificate of Registration - Section 16 and 17
  • Original copy of identity card(s) of the proprietor/partners/signatories
  • Partnership Agreement

  For Private Limited Company:

  • Certificate of Incorporation
  • Particulars of Directors and Shareholders (Form X)
  • Original copy of identity cards of the directors/signatories
  • Directors' Resolution to open/maintain term Investments
  • Memorandum & Articles of Association
  • Return of Allotment of Shares (for subsequent account or companies that have been operating for more than a year)
  • Extract of Director and Shareholder’s Information (New Company)
• Fees and Requirements
  • Minimum Opening Deposit

    Minimum opening deposit and monthly balance of BND 1,000.00 is required. Account will automatically be closed if zero (0) balance, six (6) months after opening of account.

  • Maintenance Fee

    BND 15.00 per month if average monthly balance falls below BND 1,000.00.

  • Cheque Book Fee

    BND 0.50 per cheque leaf, up to BND 25.00 per book (50 leaves)

Click to view General Wakalah Terms & Conditions of Deposit Products in English and Malay.

For more details, please refer to the Bank's Schedule of Tariffs.