Docs

Brunei

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in BRUNEI DOLLAR (BND).
Supported beneficiary account type – individual and business.
Supported Sender type - Individual and business.
Transaction Turnaround Time· T+0 Brunei Banking day for Baiduri Bank that transaction processed and received before 2.00pm GMT +8 time
· T+2 Brunei Banking day for Brunei Other Bank that transaction processed and received after 2.00pm GMT +8 time
· T+3 Brunei Banking day for transaction that is under supplier Compliance limit. Please refer to 'Remarks' column for more info.
Area availabilityBrunei Nationwide
Validation / VerificationNo account validation or verification available.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction BND 100,000
Minimum per Transaction BND 1.00
Compliance accumulated limit BND 1,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Valid Beneficiary ID is mandatory for bank validation purpose
· Valid Beneficiary address is mandatory
· The beneficiary name and bank account number should match as per registered in bank
· For the First Time Beneficiary & transaction above BND 1000.00, RSP need to send additional document via email to '[email protected]'

The additional documents are:
For Individual transaction (C2C)
1. Pay Slips
2. Bank Statement ·

For Business transaction (B2B, B2C, C2B)
1. Invoice
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1Baiduri Bank Berhad673001
2Tabung Amanah Islam Brunei (TAIB)673002
3Standard Chartered Bank673003
4United Overseas Bank (UOB)673004
5Maybank673005
6RHB Bank673006
7Bank Islam Brunei Darussalam (BIBD)673007
8Bank of China673008