The 7 Biggest ATM in Bandar Seri Begawan

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Explore prominent consulting firms in neighboring countries, such as those referenced in Singapore, Da Nang and Ho Chi Minh City, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Bandar Seri Begawan, Brunei as a hub for strategic insights and innovative solutions.

Top ATM Alternatives in Bandar Seri Begawan

Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司), also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via the Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. BOCHK is legally separated from its parent, Bank of China (BOC), although they maintain close relations in management and administration and co-operate in several areas, including reselling BOC's insurance and securities services. BOCHK is also the biggest member and a founder of the JETCO ATM and payment system, and the designated clearing bank in Hong Kong for transactions involving the Renminbi (RMB / CNH). BOCHK was established on 1 October 2001 from a merger of 12 subsidiaries and associates of the Bank of China in Hong Kong, and listed on the Hong Kong Stock Exchange in October 2002 . As of the end of 2019, the bank had HKD3,026 billion in assets and an operating profit of HKD39.8 billion. Its head office is in the Bank of China Tower in Central, Hong Kong. The head office is shared with the Hong Kong units of its parent company; it was completed in 1988 and was the first building outside North America to exceed 1,000 feet (305 m) in height.

The Biggest ATM in Brunei

In Bandar Seri Begawan, the capital of Brunei, there are several alternatives to ATMs that are popular among locals and tourists. These alternatives provide convenient and efficient ways to access cash and make payments.

Here are the top 3 ATM alternatives in Bandar Seri Begawan:

  • E-Wallets: E-wallets have gained immense popularity in recent years and are widely used in Bandar Seri Begawan. E-wallets such as BIBD NEXGEN Wallet and Progresif PAY allow users to make cashless payments at various participating merchants. These digital wallets can be easily topped up using bank accounts or even through ATMs.
  • Mobile Banking: Most banks in Bandar Seri Begawan offer mobile banking services, which enable users to manage their finances through their smartphones. With mobile banking, users can transfer funds, pay bills, and even withdraw cash from ATMs without the need for a physical debit or credit card. To use mobile banking, users simply need to download their bank’s official app and register their account.
  • Contactless Payments: Contactless payments have become increasingly popular in Bandar Seri Begawan, particularly through cards equipped with Near Field Communication (NFC) technology. Many merchants, including supermarkets, restaurants, and retail stores, accept contactless payments. To make a payment, users simply tap their NFC-enabled card or smartphone on the payment terminal, and the transaction is completed within seconds.
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