Micro Current Account
Syariah Concept
Qardh
Eligibility
- Sole proprietor, Partnership or Private Limited company registered with the Registry Of Companies (ROC) or incorporated in Negara Brunei Darussalam with less than 10 employees.
- Non-profit organizations such as mosques, government schools, welfare bodies within Government Departments, sport associations, societies or associations that are registered with the Royal Brunei Police Force (RBPF).
Requirements
- Initial Deposit of $50.00
- Minimum Daily Balance $50.00
- Required to register Scan To Pay (STP) or External Interface (EPI) Services.
- Sole-Proprietor:
- Original Identity Card
- Sole-Proprietor Authorized Signatory
- Original Certificate of Registration (Section 16 & 17)
- Instruction & E-Statement Authority Letter
- Partnerships:
- All partners Original Identity Card
- All partners Authorized Signatory(ies)
- Original Certificate of Registration (Section 16 & 17)
- Instruction & E-Statement Authority Letter
- Private Limited Company (SDN BHD):
- Original Identity Card all Board of Directors and Authorised Signatory(ies)
- Original Certificate of Incorporation
- Memorandum and Articles of Association
- Instruction & E-Statement Authority Letter
- Director Resolution
**Director Resolution requires: Authorized Signatories and E-Statement Recipients
- School
- Original Identity Card of Authorised Signatory(ies)
- Letter of Approval from the Ministry of Education
- Instructions on Authorized Signatory and Mandate, and recipient of the E-Statement
- Mosque
- Original Identity Card of Authorised Signatory(ies)
- Letter of Approval from the Ministry of Religious Affairs (Hal Ehwal Masjid)
- Instructions on Authorized Signatory and Mandate, and recipient of E-Statement
- Minutes of Meeting on Instruction (Minit Mesyuarat Ahli-Ahli Jawatankuasa Masjid)
- Others (Koperasi, Associations, Organizations, Tabung, Persatuan, Majlis Perundingan Kampong):
- Original Identity Card of Authorised Signatory(ies)
- Approval Letter from the Royal Brunei Police Force (RBPF) on the establishment of Society, Koperasi, Association, etc. (Certificate of Registration)
- Appointment Letter
- Instructions on Authorized Signatory and Mandate, and recipient of the E-Statement
- Minutes of Meeting on Instruction
Benefits
- 24/7 Cash Deposit Machine
- Access account anytime, anywhere through TAIBVX access
- Payroll bulk payment services
- E-statements to keep track of transactions and account balance
- Cheque book facility is available
Fees
Refer to TAIB Schedule of Tariffs & Fees