baiduri.com.bn Telegraphic Transfer Service : Brunei

Organization : Baiduri Bank
Facility : Telegraphic Transfer (TT) Service
Country : Brunei
Website : https://www.baiduri.com.bn/

TT Service :

Life can be unpredictable, and your plans to fulfill your dreams may be waylaid by unexpected financial needs. Sometimes, all you need is that extra help to reach your goals in life.

Related : Personal i-Banking Mobile App Brunei Baiduri Bank : www.statusin.org/30109.html

We understand this and also know that you need a loan with a flexible repayment scheme and low interest. With Baiduri Personal Loan, all your goals are that much nearer.

Sending Telegraphic Transfer Overseas :
You will need to provide the following details to Baiduri Bank in order to send a telegraphic transfer :
** Your full name, e.g. SITI HAZIRAH AHMAD or ABC COMPANY LTD.

** Beneficiary’s full name, e.g. AZIM BIN ABDULLAH or XYZ PTY LTD.
** Beneficiary’s account number (Note: They may ask for a SWIFT Code)

** The full name and address of the Beneficiary’s Bank. You can send a telegraphic transfer overseas via iBanking or at your nearest Baiduri Bank Branch.

Receiving Telegraphic Transfer From Overseas :
You will need to provide the following details to the sender of the funds :
Our Full Address :
Baiduri Bank Berhad
Block A & B, Kiarong Complex,
Lebuhraya Sultan Haji Hassanal Bolkiah
Bandar Seri Begawan BE1318
Negara Brunei Darussalam

Our SWIFT code : BAIDBNBB

FAQs :
1. How long does it take for the beneficiary to receive my TT?
Within 3 working days.

2. How much is the charge to send a TT?
There are 3:
A. First – Cable Charges
If the TT is conducted over a Baiduri Bank Counter :
i. BND20.00
ii. Other countries – BND30.00

If the TT is conducted through iBanking :
i. To ASEAN Countries including HKG – BND10.00
ii. Other countries – BND15.00

B. Second – Commission in-lieu for SGD & BND
i. Up to BND10,000 – BND10.00
ii. Above BND10,000 – 0.1% of the amount sent
C. Third – Stamp Duty
Flat rate of BND0.10

3. Why didn’t the beneficiary receive the full amount I’ve sent?
This is due to the charges levied by the corresponding bank. In order for beneficiary to receive in full payment, overseas charges will need to be borne by applicant.

4. What can I do if the recipient claims they haven’t received the funds?
Come to the bank with supporting documents to request for an enquiry on the status of payment.

5. What currency will the beneficiary receive the TT in?
** Beneficiary will receive in currency sent by the applicant (account currency).
** In some cases, the beneficiary bank will also convert if the account currency does not match.
** It is advisable to check beneficiary’s account currency before sending TT to avoid TT being returned.

Cheque Deposit Box Service  :
** Available at branches, the Cheque Deposit Boxes are an alternative way of depositing your cheques into an account.

How can this help your business?
** This services provides you with an alternative way of depositing cheques into an account without having to use an ATM card, PIN or passbook.

What are the benefits?
** Available at all Baiduri Bank branches and is accessible anytime during banking hours
** The Bank accepts any local bank’s cheque(s) – BND only
** High security
** No queues – convenient, quick and simple procedures
** A deposit slip is not required

What are the requirements?
** The account number must be written clearly behind each cheque
** The name and contact number of the depositor must be written clearly behind each cheque in case of return cheque or cheque discrepancies