Banking Charges

Inward transfers

Telegraphic transfers: Free
Cheque/draft collection: USD 50 per collection (accepted at the bank’s discretion)
Telegraphic transfers: Free
Cheque/draft collection: USD 50 per collection (accepted at the bank’s discretion)

Outward transfers

Within bank: Free
Telegraphic transfers: Manual Instructions
Single currency:
0.25% (min USD 70 / max USD 100);
MUR 100
Cross currency:
USD 30; MUR 100; ZAR 120
(Includes overseas bank charges for USD only)
Online Banking
Single currency:
0.15% (min USD 40 / max USD 60);
MUR 100; ZAR 250
Cross currency:
USD 25; MUR 100; ZAR 120
(Includes overseas bank charges for USD only)
Draft Issuance: USD 60.00
Within bank: Free
Telegraphic transfers: Manual Instructions
Single currency:
0.25% (min USD 70 / max USD 100);
MUR 100
Cross currency:
USD 30; MUR 100; ZAR 120
(Includes overseas bank charges for USD only)
Online Banking
Single currency:
0.15% (min USD 40 / max USD 60);
MUR 100; ZAR 250
Cross currency:
USD 25; MUR 100; ZAR 120
(Includes overseas bank charges for USD only)
Draft Issuance: USD 60.00

MUR, USD, GBP & EUR Visa Platinum Debit Cards

  MUR USD GBP EUR
Upfront Card fee 0 40 30 40
Card Courier fee* 1000 30 25 30
Monthly fee after one year 0 3.50 3 3.50
Damaged card replacement 0 40 30 40
Lost/stolen card replacement 0 40 30 40
ATM cash fee 150** 5 3.50 4.50
Minimum account balance to process card application 1 000 1 000 1 000 1 000
Currency conversion fee 2.75% 2.75% 2.75% 2.75%
Daily ATM limit 50 000 1 500 1 000 1 000
  MUR USD GBP EUR
Upfront Card fee 0 40 30 40
Card Courier fee* 1000 30 25 30
Monthly fee after one year 0 3.50 3 3.50
Damaged card replacement 0 40 30 40
Lost/stolen card replacement 0 40 30 40
ATM cash fee 150** 5 3.50 4.50
Minimum account balance to process card application 1 000 1 000 1 000 1 000
Currency conversion fee 2.75% 2.75% 2.75% 2.75%
Daily ATM limit 50 000 1 500 1 000 1 000

* Charged if the total amount across all accounts is less than USD 50 000 (or currency equivalent) when the Bank processes the card application.

** Charged for international ATM cash withdrawals only.

Others

Online Banking: Free
Maintenance fee: USD 100 per month (only charged if the daily average balance for the month across all accounts is less than USD 50 000 (or currency equivalent))
SWIFT confirmation: Free for Online Banking or USD 10 per copy
Correspondent Bank Investigation: USD 10 per query
Duplicate statements:

USD 5 per page – if within 12 months

USD 10 per page – if after 12 months

Standing instructions: USD 50 per annum in advance
Audit reports: USD 75
Guarantees: Available upon request
Global Custodian and Brokerage service: Available upon request
Escrow accounts: Available upon request
Online Banking: Free
Maintenance fee: USD 100 per month (only charged if the daily average balance for the month across all accounts is less than USD 50 000 (or currency equivalent))
SWIFT confirmation: Free for Online Banking or USD 10 per copy
Correspondent Bank Investigation: USD 10 per query
Duplicate statements:

USD 5 per page – if within 12 months

USD 10 per page – if after 12 months

Standing instructions: USD 50 per annum in advance
Audit reports: USD 75
Guarantees: Available upon request
Global Custodian and Brokerage service: Available upon request
Escrow accounts: Available upon request

Notes:

  1. All Banking Charges are exclusive of VAT and charged in USD or the USD equivalent unless our banking charges schedule stipulates otherwise.

For any assistance, contact Client Relations