Term Deposit - Foreign Currency

Term deposit account facility in your choice of foreign currencies.

Features & Benefits

  • Flexibility to transact in any of the 4 major foreign currencies: USD, GBP, AUD and EUR.
  • Easy tracking of your transactions and account balance through certificate-based monthly statements.
  • Pre-agreed profits will be given as long as you invest with us for a minimum of 1 month.
  • Shariah Concept
    • Bai Bithaman Aajil (BBA)

      Bai Bithaman Ajil means a "deferred payment sale". Under this principle, the Bank first sells an asset to the customer, on cash payment basis at a price equal to the Investments amount. The Bank then purchases the asset from the Customer on deferred payment basis at an agreed price, equal to the Investments amount plus the profit amount.

  • 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:

    • Letter of Application

    For Private Limited Company:

    • Directors' Resolution to open/maintain term Investments
  • Fees and Requirements
    • Minimum Opening Deposit

      Minimum opening deposit of $5000.00 in the specified foreign currency (FCY) is required.

    • Deposit / Withdrawal Fee

      Please refer to Bank's Schedule of Tariffs.

  • Profit Distribution
    • There will be no profit for termination less than 1 month.
    • Profit, at the Bank's discretion, may be paid proportionately to the completed months at the prevailing rate at the time of termination.

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