Statement of Principal Interest Rates and Service Charges

  • A. Interest Rates

        Individuals Corporates Others
    1
    		 Deposits      
      Savings (MUR) N/A N/A N/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%
    2 Credit facilities (MUR) Terms and conditions upon request
      Prime Lending Rate
    		 N/A N/A N/A
      Credit Cards N/A N/A N/A
      Other credit facilities - margin over PLR N/A N/A N/A
    3 Credit facilities (FCY) Deal specific
      Margin over LIBOR From Libor +2.0% to Libor +6.0% From Libor +2.0% to Libor +6.0% From Libor +2.0% to Libor +6.0%
        Individuals Corporates Others
    1
    		 Deposits      
      Savings (MUR) N/A N/A N/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%
    2 Credit facilities (MUR) Terms and conditions upon request
      Prime Lending Rate
    		 N/A N/A N/A
      Credit Cards N/A N/A N/A
      Other credit facilities - margin over PLR N/A N/A N/A
    3 Credit facilities (FCY) Deal specific
      Margin over LIBOR From 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
    		 Corporates Others
    4 Savings Account (MUR)      
      Minimum account opening balance N/A N/A N/A
      Minimum credit balance to earn interest N/A N/A N/A
      Monthly service charges if credit balance falls below minimum balance N/A N/A N/A
    5 Current Account (MUR)      
      Minimum account opening balance N/A N/A N/A
      Cost of cheque book
    		 N/A N/A N/A
      Monthly service charges N/A N/A N/A
    6 Call Deposit Account (MUR) Terms and conditions upon request
      Minimum balance N/A N/A N/A
      Minimum credit balance to earn interest N/A N/A N/A
      Monthly service charges N/A N/A N/A
    7 Term deposits (MUR) Terms and conditions upon request
      Minimum amount N/A N/A N/A
      Deposit withdrawn before maturity N/A N/A N/A
    8 Term 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 request USD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon request
      Deposit withdrawn before maturity N/A N/A N/A
    9 Foreign Currency Account      
      Minimum balance to open an account
      - Euro N/A N/A N/A
      - Pound Sterling N/A N/A N/A
      - US Dollar N/A N/A N/A
      - Australian Dollar N/A N/A N/A
      - Canadian Dollar N/A N/A N/A
      - Swiss Francs
    		 N/A N/A N/A
      - South African Rand N/A N/A N/A
      Minimum credit balance to earn interest 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 request USD,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)
        Individuals
    		 Corporates Others
    4 Savings Account (MUR)      
      Minimum account opening balance N/A N/A N/A
      Minimum credit balance to earn interest N/A N/A N/A
      Monthly service charges if credit balance falls below minimum balance N/A N/A N/A
    5 Current Account (MUR)      
      Minimum account opening balance N/A N/A N/A
      Cost of cheque book
    		 N/A N/A N/A
      Monthly service charges N/A N/A N/A
    6 Call Deposit Account (MUR) Terms and conditions upon request
      Minimum balance N/A N/A N/A
      Minimum credit balance to earn interest N/A N/A N/A
      Monthly service charges N/A N/A N/A
    7 Term deposits (MUR) Terms and conditions upon request
      Minimum amount N/A N/A N/A
      Deposit withdrawn before maturity N/A N/A N/A
    8 Term 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 request USD,GBP,EUR, CAD,AUD 50,000; CHF 500,000; ZAR 250,000; MUR upon request
      Deposit withdrawn before maturity N/A N/A N/A
    9 Foreign Currency Account      
      Minimum balance to open an account
      - Euro N/A N/A N/A
      - Pound Sterling N/A N/A N/A
      - US Dollar N/A N/A N/A
      - Australian Dollar N/A N/A N/A
      - Canadian Dollar N/A N/A N/A
      - Swiss Francs
    		 N/A N/A N/A
      - South African Rand N/A N/A N/A
      Minimum credit balance to earn interest 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 request USD,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

        Individuals Corporates Others
    10 Credit Cards      
      Annual fee N/A N/A N/A
      Replacement of lost/stolen cards N/A N/A N/A
      Cash advance fee N/A N/A N/A
      Overlimit fee N/A N/A N/A
    11 Loans and advances (MUR) Terms and conditions upon request
      Processing fee N/A N/A N/A
      Arrangement fee N/A N/A N/A
      Ledger fee N/A N/A N/A
      Commitment fee N/A N/A N/A
      Early redemption/prepayment fee N/A N/A N/A
      Valuation Survey & Report fee N/A N/A N/A
      Legal charges for creation of security documents N/A N/A N/A
      - Fixed/Floating Charges N/A N/A N/A
      - Gages sans deplacement N/A N/A N/A
      - Erasure of charges N/A N/A N/A
    12 Guarantees (MUR) Terms and conditions upon request
      Performance bonds N/A N/A N/A
      Tender/bid bonds N/A N/A N/A
      Advance payment bonds N/A N/A N/A
      Retention money bonds / guarantees N/A N/A N/A
      Shipping guarantee N/A N/A N/A
        Individuals Corporates Others
    10 Credit Cards      
      Annual fee N/A N/A N/A
      Replacement of lost/stolen cards N/A N/A N/A
      Cash advance fee N/A N/A N/A
      Overlimit fee N/A N/A N/A
    11 Loans and advances (MUR) Terms and conditions upon request
      Processing fee N/A N/A N/A
      Arrangement fee N/A N/A N/A
      Ledger fee N/A N/A N/A
      Commitment fee N/A N/A N/A
      Early redemption/prepayment fee N/A N/A N/A
      Valuation Survey & Report fee N/A N/A N/A
      Legal charges for creation of security documents N/A N/A N/A
      - Fixed/Floating Charges N/A N/A N/A
      - Gages sans deplacement N/A N/A N/A
      - Erasure of charges N/A N/A N/A
    12 Guarantees (MUR) Terms and conditions upon request
      Performance bonds N/A N/A N/A
      Tender/bid bonds N/A N/A N/A
      Advance payment bonds N/A N/A N/A
      Retention money bonds / guarantees N/A N/A N/A
      Shipping guarantee N/A N/A N/A

  • D. General Services

        Individuals Corporates Others
    13 Treasury Bills      
      Account opening fee N/A N/A N/A
      Transaction fee N/A N/A N/A
    14 Debit Cards      
      Annual fee USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40
      Replacement of lost/stolen cards USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40
      Withdrawals      
      - Bank's ATM N/A N/A N/A
      - Other bank's ATM USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50
      - Overseas USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50
    15 Other      
      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 facility MUR 100 MUR 100 MUR 100
      Audit confirmation certificate USD 75 USD 75 USD 75
      Testimonial/Banker's reference fee Free Free Free
      Letter of reference Free Free Free
      Payroll fee Free Free Free
      Internet banking fee Free Free Free
      Duplicate statement of account USD 5 - 10 per page
    		 USD 5 - 10 per page USD 5 - 10 per page
      Standing Instructions
      - Internal transfer
    		 Free Free Free
      - Transfer to other banks
    		 USD 50 per annum USD 50 per annum USD 50 per annum
      Direct debit N/A N/A N/A
      Purchase of foreign cheques/bank drafts USD 60 USD 60 USD 60
      Office cheque issuance N/A N/A N/A
      Cheque book facility N/A N/A N/A
      Cheque returned N/A
    		 N/A N/A
      - Inward
    		 As charged As charged As charged
      - Outward N/A N/A N/A
      Stop payment orders N/A N/A N/A
      Safe deposit lockers N/A N/A N/A
      Night safe
    		 N/A N/A N/A
        Individuals Corporates Others
    13 Treasury Bills      
      Account opening fee N/A N/A N/A
      Transaction fee N/A N/A N/A
    14 Debit Cards      
      Annual fee USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40
      Replacement of lost/stolen cards USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40    		 USD 40;
    GBP 30;
    EUR 40
      Withdrawals      
      - Bank's ATM N/A N/A N/A
      - Other bank's ATM USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50
      - Overseas USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50    		 USD 5;
    GBP 3.50;
    EUR 4.50
    15 Other      
      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 facility MUR 100 MUR 100 MUR 100
      Audit confirmation certificate USD 75 USD 75 USD 75
      Testimonial/Banker's reference fee Free Free Free
      Letter of reference Free Free Free
      Payroll fee Free Free Free
      Internet banking fee Free Free Free
      Duplicate statement of account USD 5 - 10 per page
    		 USD 5 - 10 per page USD 5 - 10 per page
      Standing Instructions
      - Internal transfer
    		 Free Free Free
      - Transfer to other banks
    		 USD 50 per annum USD 50 per annum USD 50 per annum
      Direct debit N/A N/A N/A
      Purchase of foreign cheques/bank drafts USD 60 USD 60 USD 60
      Office cheque issuance N/A N/A N/A
      Cheque book facility N/A N/A N/A
      Cheque returned N/A
    		 N/A N/A
      - Inward
    		 As charged As charged As charged
      - Outward N/A N/A N/A
      Stop payment orders N/A N/A N/A
      Safe deposit lockers N/A N/A N/A
      Night safe
    		 N/A N/A N/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