Retirement Saver

Type of Account

• Individual Account
• Trustee account (For Corporate providend fund only, and Employer as administrator)

Eligibility

• 18 to 59 Years Old. Upon reaching 60, Individual account will be migrated to Berjasa account.
• Brunei Citizens / Permanent Residents / Foreign nationals with valid residency permit

Requirements

• Identity Card/s or Passport
• Authorized signatory: for corporate employee provident fund only
• Initial Deposit of $100.00
• Minimum account balance for return distribution $100.00
• Proof of employment* (latest salary slip, letter of employment or valid Staff ID)

*required only for new customer opening account and any change to the employment (for existing customer)

• For Foreign nationals:
• Original valid Identification Card
• Original valid Passport
• Employment Pass or Dependent Pass (Child/Spouse) - at Least 3 months validity but expiry must not be less than 6 months
• Letter of Employment/Contract agreement
• Satisfactory evidence of residential address such as rental agreement / water bill

Benefits

• A dedicated savings account with a specific purpose for retirement needs
• 24/7 Cash Deposit Machine
• Return (if any) will be distributed monthly for accounts that maintain a Minimum Account Balance of B$100.00 and above.
• Special Hibah at TAIB’s discretion at the end of the year for no withdrawal during the year
• Auto Zakat Deduction option
• Access account anytime, anywhere through TAIBVX