Inward transfers

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

Visa debit cards

Fees* Multi-currency
Signature card
Single currency
Platinum cards
  USD** MUR USD GBP EUR
Upfront Card fee 40.00 0 40.00 30.00 40.00
Card Courier fee*** 50.00 1,000 30.00 25.00 30.00
Monthly fee after one year 3.50 0 3.50 3.00 3.50
Damaged card replacement 40.00 0 40.00 30.00 40.00
Lost/stolen card replacement 40.00 0 40.00 30.00 40.00
ATM cash fee 5.00****
(or equivalent)
150**** 5.00 3.50 4.50
Minimum account balance to process application 150 1,000 1,000 1,000 1,000
Currency conversion fee (for international transactions
other than the six currencies linked to the card)
2.75% 2.75% 2.75% 2.75% 2.75%
Currency conversion fee (to clear account overdrafts) 1.50% n/a n/a n/a n/a
Daily ATM limit
 - For USD, GBP, EUR, and AUD
 - For ZAR
 - For MUR

USD 1,500 equivalent
ZAR 20,000
MUR 50,000
50,000
n/a
n/a
n/a
1,500
n/a
n/a
n/a
1,000
n/a
n/a
n/a
1,000
n/a
n/a
n/a

*All fees exclude VAT if applicable

**All fees will be in USD and charged to the linked USD account except ATM fees which will be charged in the transaction currency

***Charged if the total amount across all open accounts in less than USD50,000 (or currency equivalent) when the bank processes the card application

****Not applicable for ATM cash withdrawals within Mauritius

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

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