Statement of Principal Interest Rates and Service Charges

Image of a zebra
Image of a zebra

  • A. Interest Rates

      IndividualsCorporatesOthers
    1
    		Deposits   
     Savings (MUR)N/AN/AN/A
     Call (MUR)Terms and conditions upon request
     Call (FCY)From Libor -0.10% to Libor -0.25%
    		From Libor -0.10% to Libor -0.25%From Libor -0.10% to Libor -0.25%
     Term (MUR)Terms and conditions upon request
     Term (FCY)From Libor -0.05% to Libor +0.15%From Libor -0.05% to Libor +0.15%From Libor -0.05% to Libor +0.15%
    2Credit facilities (MUR)Terms and conditions upon request
     Prime Lending Rate
    		N/AN/AN/A
     Credit CardsN/AN/AN/A
     Other credit facilities - margin over PLRN/AN/AN/A
    3Credit facilities (FCY)Deal specific
     Margin over LIBORFrom Libor +2.0% to Libor +6.0%From Libor +2.0% to Libor +6.0%From Libor +2.0% to Libor +6.0%

  • B. Deposits

      Individuals
    		CorporatesOthers
    4Savings Account (MUR)   
     Minimum account opening balanceN/AN/AN/A
     Minimum credit balance to earn interestN/AN/AN/A
     Monthly service charges if credit balance falls below minimum balanceN/AN/AN/A
    5Current Account (MUR)   
     Minimum account opening balanceN/AN/AN/A
     Cost of cheque book
    		N/AN/AN/A
     Monthly service chargesN/AN/AN/A
    6Call Deposit Account (MUR)Terms and conditions upon request
     Minimum balanceN/AN/AN/A
     Minimum credit balance to earn interestN/AN/AN/A
     Monthly service chargesN/AN/AN/A
    7Term deposits (MUR)Terms and conditions upon request
     Minimum amountN/AN/AN/A
     Deposit withdrawn before maturityN/AN/AN/A
    8Term deposits (FCY)   
     Minimum amount
    		USD,GBP,EUR, CAD,AUD 50,000; CHF 500,000;ZAR 250,000; MUR upon request
    		USD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon requestUSD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon request
     Deposit withdrawn before maturityN/AN/AN/A
    9Foreign Currency Account   
     Minimum balance to open an account
     - EuroN/AN/AN/A
     - Pound SterlingN/AN/AN/A
     - US DollarN/AN/AN/A
     - Australian DollarN/AN/AN/A
     - Canadian DollarN/AN/AN/A
     - Swiss Francs
    		N/AN/AN/A
     - South African RandN/AN/AN/A
     Minimum credit balance to earn interestUSD,GBP,EUR, CAD,AUD 50,000; CHF 500,000;ZAR 250,000; MUR upon requestUSD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon requestUSD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon request
     Monthly service charges
    		USD 100 (only charged if the total daily average balance for the month across all accounts is less than USD 50,000)USD 100 (only charged if the total daily average balance for the month across all accounts is less than USD 50,000)USD 100 (only charged if the total daily average balance for the month across all accounts is less than USD 50,000)

  • C. Credit Facilities

      IndividualsCorporatesOthers
    10Credit Cards   
     Annual feeN/AN/AN/A
     Replacement of lost/stolen cardsN/AN/AN/A
     Cash advance feeN/AN/AN/A
     Overlimit feeN/AN/AN/A
    11Loans and advances (MUR)Terms and conditions upon request
     Processing feeN/AN/AN/A
     Arrangement feeN/AN/AN/A
     Ledger feeN/AN/AN/A
     Commitment feeN/AN/AN/A
     Early redemption/prepayment feeN/AN/AN/A
     Valuation Survey & Report feeN/AN/AN/A
     Legal charges for creation of security documentsN/AN/AN/A
     - Fixed/Floating ChargesN/AN/AN/A
     - Gages sans deplacementN/AN/AN/A
     - Erasure of chargesN/AN/AN/A
    12Guarantees (MUR)Terms and conditions upon request
     Performance bondsN/AN/AN/A
     Tender/bid bondsN/AN/AN/A
     Advance payment bondsN/AN/AN/A
     Retention money bonds / guaranteesN/AN/AN/A
     Shipping guaranteeN/AN/AN/A

  • D. General Services

      IndividualsCorporatesOthers
    13Treasury Bills   
     Account opening feeN/AN/AN/A
     Transaction feeN/AN/AN/A
    14Debit Cards   
     Annual feeUSD 40;
    GBP 30;
    EUR 40    		USD 40;
    GBP 30;
    EUR 40    		USD 40;
    GBP 30;
    EUR 40
     Replacement of lost/stolen cardsUSD 40;
    GBP 30;
    EUR 40    		USD 40;
    GBP 30;
    EUR 40    		USD 40;
    GBP 30;
    EUR 40
     Withdrawals   
     - Bank's ATMN/AN/AN/A
     - Other bank's ATMUSD 5;
    GBP 3.50;
    EUR 4.50    		USD 5;
    GBP 3.50;
    EUR 4.50    		USD 5;
    GBP 3.50;
    EUR 4.50
     - OverseasUSD 5;
    GBP 3.50;
    EUR 4.50    		USD 5;
    GBP 3.50;
    EUR 4.50    		USD 5;
    GBP 3.50;
    EUR 4.50
    15Other   
     Telegraphic transfer
    		Manual Instructions: 0.25% (min USD 70; max USD 100)

    Online Banking: 0.15% (min USD 40; max USD 60)    		Manual Instructions: 0.25% (min USD 70; max USD 100)

    Online Banking: 0.15% (min USD 40; max USD 60)    		Manual Instructions: 0.25% (min USD 70; max USD 100)

    Online Banking: 0.15% (min USD 40; max USD 60)
     MACSS facilityMUR 100MUR 100MUR 100
     Audit confirmation certificateUSD 75USD 75USD 75
     Testimonial/Banker's reference feeFreeFreeFree
     Letter of referenceFreeFreeFree
     Payroll feeFreeFreeFree
     Internet banking feeFreeFreeFree
     Duplicate statement of accountUSD 5 - 10 per page
    		USD 5 - 10 per pageUSD 5 - 10 per page
     Standing Instructions
     - Internal transfer
    		FreeFreeFree
     - Transfer to other banks
    		USD 50 per annumUSD 50 per annumUSD 50 per annum
     Direct debitN/AN/AN/A
     Purchase of foreign cheques/bank draftsUSD 60USD 60USD 60
     Office cheque issuanceN/AN/AN/A
     Cheque book facilityN/AN/AN/A
     Cheque returnedN/A
    		N/AN/A
     - Inward
    		As chargedAs chargedAs charged
     - OutwardN/AN/AN/A
     Stop payment ordersN/AN/AN/A
     Safe deposit lockersN/AN/AN/A
     Night safe
    		N/AN/AN/A


30/06/2017

1 For international clients. All Charges are quoted in USD and charged in equivalent amount for other currency accounts.

For further information or details on any of the above or full range of fees, please contact the bank or visit its website