Statement of Principal Interest Rates and Service Charges

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Statement of Principal Interest Rates and Service Charges1 30/06/2023

A. Interest Rate

 IndividualsCorporatesOthers
1Deposits   
 Savings (MUR)N/AN/AN/A
 Call (MUR)Terms and conditions upon request
 Call (FCY)Market related rates applyMarket related rates applyMarket related rates apply
 Term (MUR)Terms and conditions upon request
 Term (FCY)RFR rates apply
RFR rates apply
RFR rates apply
2Credit facilities (MUR)Terms and conditions upon request
 Prime Lending RateN/AN/AN/A
 Credit cardsN/AN/AN/A
 Other credit facilities - margin over PLRN/AN/AN/A
3Credit facilities (FCY)
Deal specific
 Margin over LIBORNegotiableNegotiable
Negotiable

B. Deposits

 IndividualsCorporatesOthers
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 bookN/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 Deposit withdrawn before maturityN/AN/AN/A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 amountUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon requestUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon requestUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon request
 Deposit withdrawn before maturityTerms and conditions apply2Terms and conditions apply2Terms and conditions apply2
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 FrancsN/AN/AN/A
 • South African RandN/AN/AN/A
 Minimum credit balance to earn interestUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon requestUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon requestUSD, GBP, EUR, AUD 50,000; ZAR 250,000; MUR upon request
 Monthly service chargesUSD 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 42; GBP 36; MUR 0; Multi-currency USD 42USD 42; GBP 36; MUR 0; Multi-currency USD 42USD 42; GBP 36; MUR 0; Multi-currency USD 42
 Replacement of lost/stolen cardsMulti-currency USD 40Multi-currency USD 40Multi-currency USD 40
 Withdrawals   
 • Bank's ATMN/AN/AN/A
 • Other bank's ATMUSD 5; GBP 3.50; MUR 0; Multi-currency USD 0USD 5; GBP 3.50; MUR 0; Multi-currency USD 0USD 5; GBP 3.50; MUR 0; Multi-currency USD 0
 • OverseasUSD 5; GBP 3.50; MUR 150; Multi-currency USD 5USD 5; GBP 3.50; MUR 150; Multi-currency USD 5USD 5; GBP 3.50; MUR 150; Multi-currency USD 5
15Others   
 Telegraphic transferManual 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 pageUSD 5 - 10 per pageUSD 5 - 10 per page
 Standing Instructions   
 • Internal transferFreeFreeFree
 • Transfer to other banksUSD 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/AN/AN/A
 • InwardAs chargedAs chargedAs charged
 • OutwardN/AN/AN/A
 Stop payment ordersN/AN/AN/A
 Safe deposit lockersN/AN/AN/A
 Night safeN/AN/AN/A

1. All charges are quoted in USD and charged in equivalent amount for other currencies. 2. At the Bank's discretion, charges quoted upon request.

For more information, contact Client Relations