My Real Savings Account
What is My Real Savings Account?
My Real Savings Account is based on Al-Wadiah or safe custody concept. It is only open to customers who have financing facility with BIBD At-Tamwil Berhad.The purpose of My Real Savings Account is to encourage our valued customers to save in a systematic manner for your future emergency needs. By opening our My Real Savings Account, you may enjoy free standing instruction facility. My Real Savings Account is part of the Company's Real Savers Initiatives and is in line with the call of the Ministry of Finance to encourage a savings culture.
What is the dividend rate offered for My Real Savings Account?
The dividend rate offered for My Real Savings Account is divided into 6 tires, calculated based on the average monthly balance. The higher your deposits, the higher the hibah you will enjoy. Our rates are updated from time to time. Please check our rates for the latest information.
What is the dividend payment interval for My Real Savings Account?
Dividend payment interval is paid on a monthly basis, provided that your account balance average is above our minimum requirement.
What are the terms and conditions?
My Real Savings Account opening is subject to the terms and conditions of BIBD At-Tamwil Berhad, provided that you have an existing financing account with BIBD At-Tamwil. It is open to all local citizens or permanent residents; acceptance by depositor to mandate terms and conditions; not a bankrupt nor a blacklisted person; and origins of deposit must be from Halal sources, and any other terms and conditions as may be required by the Company from time to time.
Where can I open and how much is the minimum?
You can open our My Real Savings Account at any BIBD At-Tamwil Berhad General Counters. The minimum opening balance is $15.
Does My Real Savings Account provide access to ATM?
The primary objective of My Real Savings Account is to encourage customers to build up sufficient savings to meet their emergency needs. The provision of an ATM card is inconsistent with stated objective, therefore no ATM card is provided.
How do i make a standing instruction?
You can start a standing instruction for your savings by completing the necessary standing instruction form at any our General Counters. Standing instruction facility is only available from Bank Islam Brunei Darussalam Berhad(BIBD) and is provided free of charge. Minimum standing instruction amount is 15$. You can increase your standing instruction through any of our General Counters.
During time of emergency, where can i withdraw My Real Savings Account?
Provided there is no lien, you may withdraw at any BIBD-At-Tamwil Berhad Gerneral Counters during operating hours.However, you are strongly encouraged to top up your savings amount - for example, during your annual bonus by using our free standing instructions facility. Your financial discipline is important to ensure that you're My Real Savings balance can continue to accumulate and grow.