How Employers Can Transfer Salaries to FDW Families in Indonesia
This article covers: Key takeawaysUnderstand the risks and requirementsChoosing the right transfer methodHow to compare…
The Bruneian Dollar (BND) is the official currency of Brunei Darussalam, issued by the Monetary Authority of Brunei Darussalam. Introduced in 1967, it replaced the Malayan and British Borneo dollar. The Bruneian Dollar is pegged 1:1 to the Singapore Dollar (SGD) under an agreement that allows both currencies to be used interchangeably in Brunei and Singapore. The Brunei economy is heavily reliant on oil, natural gas, and investment returns, making the stability of the BND crucial to the nation's financial system.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.