Brunei

Bank account

TYPE	DESCRIPTION
Area availability	Available across Brunei
Service type	C2C / C2B / B2C / B2B
Currency	BND
Payout channel	Bank transfer
Transaction Turnaround Time	Baiduri Bank T+0 Brunei business day for transaction received before 2pm (GMT+8) Other Brunei banks T+2 Brunei business days for transaction received after 2pm (GMT+8) Payout Partner Compliance limit T+3 Brunei business days for transaction under payout partner compliance limit
Transaction Limit	Minimum limit per transaction: BND 1.00 Maximum limit per transaction: BND 100,000.00 Compliance daily limit per beneficiary: BND 1,000.00* *The transaction will be held for review if the sender or receiver exceeds the compliance limit
Amount Received	Beneficiary received net amount as specified by sender
Maximum Beneficiary	No limit
Validation	No account validation
Service charge	The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® Service System and forwarded to the payout channel.
Cancellation Process	Cancellation is on best effort basis
Remarks	Business days in Brunei are from Monday to Saturday. Important notes a) Valid beneficiary ID is required. b) Valid beneficiary address is required. c) Beneficiary’s name must match the name registered with their bank. • Name mismatch will result in delay or unsuccessful transaction processing. Payout partner compliance limit a) For first time beneficiary and/or transaction above BND 1000.00, the payout bank need to send additional document(s) via email to rfi_tpl@tranglo.com • Transaction will be placed on hold for 24 hours pending submission. If the required document(s) are not received within this period, the transaction will be rejected. b) Additional documents for individual transaction (C2C): • Pay slip • Bank statement c) Additional documents for business transaction (B2B, B2C, C2B): • Invoice
Do_Transfer bAccType Value	1

Supported banks

NO	NAME	ISSUER CODE
1	Baiduri Bank Berhad	673001
2	Tabung Amanah Islam Brunei (TAIB)	673002
3	Standard Chartered Bank	673003
4	United Overseas Bank (UOB)	673004
5	Maybank	673005
6	RHB Bank	673006
7	Bank Islam Brunei Darussalam (BIBD)	673007
8	Bank of China	673008