SiManja Savings
Syariah Concept
Al-Wadiah Yad Ad Dhamanah (Guaranteed Safe Custody)
Type of Account
- Minor Account administered by Trustee
Eligibility
- Ages below 18 years old
- The parent(s) or guardian(s) shall hold(s) the minor’s account(s) in trust until minor reaches 18 years old
- Upon reaching 18 years old, account will automatically be converted to other savings account in the sole name of the minor
- Brunei Citizens / Permanent Residents / Foreign nationals with valid residency permit
- 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
Requirements
- Original Birth Certificate
- Original Identity Document of parent(s) or guardian(s)
- Initial Deposit of $50
- Proof of employment* (latest salary slip, letter of employment or valid Staff ID) *required only for parent/guardian which is a new customer opening account and any change to the employment (for existing customer)
Benefits
- 24/7 ATM/CDM/MFM
- Hibah (Dividend) at TAIB’s discretion at the end of the year
- Auto Zakat Deduction
- Access account anytime, anywhere through Mobile and Online banking
Fees
- Refer to TAIB Schedule Tariffs and Fees