|
|||||||||||
|
|||||||||||
|
SCHEDULE OF RATES & CHARGES
Currernt Accounts
Savings Accounts
ABM Charges
Foreign Currency Transactions
Global Pay Charges
Foreign Currency US$ Chequing Account (Negotiable in Jamaica only)
Credit Business (JMD$ unless specified otherwise)
Credit Information Service
General Services
Depository Services
Payroll Preparation
Safety Deposit Boxes
Savings Accounts
ABM Charges
Foreign Currency Transactions
Global Pay Charges
Foreign Currency US$ Chequing Account (Negotiable in Jamaica only)
Credit Business (JMD$ unless specified otherwise)
Credit Information Service
General Services
Depository Services
Payroll Preparation
Safety Deposit Boxes
| Current Accounts | Rates |
| Accounts closed within 30 days of being opened. | Personal $1,500.00 Corporate $2,500.00 |
| Cheques returned by us unpaid (per item) | $750.00 per item |
| Cheques returned by other banks and charged back to the customer’s account + postage & call charges | $750.00 per item |
| Dormant accounts (Charged when notices are sent) | $600.00 |
| Multi-Statement Charge (per additional statement requests) |
1-5 sheets - $1,000.00 over 5 sheets $1,500.00 |
| Interim Statements/Printouts (each) | 1-5 sheets - $1,000.00 over 5 sheets - $1,500.00 |
| Overdraft (with previous arrangements) at agreed rate of interest (For amounts in excess customer is charged regular rate + penal rate) | Min. $1,500.00 |
| Overdraft (with no previous arrangement) | Rate of 45% Min. $2,000.00 |
Monthly Service Charge (per item)
|
$30.00 (per item) |
| Written verification of balances | $1,750.00 |
| Stop Payment Order | $500.00 |
| Transfer between Accounts (manual) | Personal $1,000.00 Corporate $1,500.00 |
| Customized Cheque Leaves/Deposit Books | Personal $1,000.00 Corporate $1,500.00 |
| Voucher searches (other than current month- per hour or part thereof) | $2,000.00 |
| Pre-Authorized Payment/Initiation Fee | $1,500.00 per entry Initiation fee $450.00 |
| Foreign Cheques dishonored & charged back to Account (plus Foreign Bank Charge) | all currencies $20.00 |
| Cheques recalled at customer’s request (per item) | $2,000.00 |
| Direct presentation at the customer’s request (per year) | $2,000.00 |
| Audit Confirmation (for each year) | $2,500.00 |
| Savings Accounts | Rates |
| Accounts closed within 90 days of being opening | Personal $1,000.00 Corporate $2,500.00 |
| Certification of Savings Account Balances (including letters to embassies) | $1,750.00 |
| Pre-authorized payments/Initiation Fee | $150.00 per entry |
| Pre-authorized payments returned to us unpaid | $750.00 |
| Voucher searches (per hour or part thereof) | $2,000.00 |
| Stop Payment Order (P.A.P. Cheques only) | $500.00 |
| Foreign cheques dishonored and charged back to account (plus Foreign Bank Charge) | all currencies $20.00 |
| Cheques returned by other banks and charged to account | $500.00 |
| ABM Charges | ||
| Other Bank ABM | CUETS | |
| Withdrawals (per transaction charge) | $31.00 | $13.50 |
| Balance Inquiries | $19.00 | $6.00 |
| Declined Transaction Charge | $19.35 | $13.15 |
| Point of Sale (POS) | $10.00 | $10.00 |
| Declined transaction at POS | $10.00 | $6.00 |
| ABM card replacement | n/a | $300.00 |
| Foreign Currency Transactions | Rates |
| Foreign Cheques encashed | .5% Min. USD 2.00 |
| Foreign Cheques deposited | Stamp duty only |
| Travellers Cheques encashed (unit of the currency plus stamp duty.)
Over 5 items (per item charge) |
Min. $2.50 $1.00 |
| Travellers Cheques sold (per transaction) | 2% of amount sold |
| Foreign Drafts sold (Currency equivalent for) | USD/CAN $10.00 EURO/GBP $8.00 JMD 750.00 |
| Replacement drafts (Currency equivalent for) | USD/CAN $15.00 EURO/GBP $12.00 JMD 900.00 |
| Stop Payment on Foreign Drafts (plus Foreign Charge & replacement) | USD50.00 |
| Foreign Currency cash deposited (on units of 1,000 or more) | 1.17% |
| Foreign Currency cash being exchanged for draft. | 1.5% of amount plus cost of draft |
| Outgoing Telex/Transfer Overseas (plus foreign bank charges) | $900.00 |
| Global Pay Charges | Rates |
| Monthly Service Charge | $80.00 |
| Local US Cheque (per item) | $3.00 |
| Remote Cheque (per item) | $6.00 |
| EFT/ACH (per transaction) | $5.00 |
| Wire Transfer | $20.00 |
| Foreign Currency US $ Chequing A/C (Negotiable in Jamaica only) | Rates |
| Debit Entry (per item) | $2.00 |
| Monthly Service Charge | $15.00 |
| Stop Payment (per item) | $3.50 |
| Certificate of Balance | $20.00 |
| Account closed within 90 days | $20.00 |
| Cheque returned (previously deposited to account) | $10.00 |
| Cheque returned by us unpaid (per item) | $6.00 |
| Transfer between accounts (manual) | $10.00 |
| Duplicate Statement (per statement) | $3.00 |
| Hold Statements (per account-charge if not collected after 30 days. To be mailed thereafter) | $3.00 |
| Credit Business | Rates |
| Drawing under L/C (1% fee each drawing) |
Min. $2,500.00 |
| Cancellation/non-utilization of L/C (plus foreign bank charges) | Min. $2,500.00 |
| Administration fee on application to the Natl. Ex-Im BOJ | 2.33% of amount. |
| Past due discounts (plus past due interest at penalty rate (regular rate plus 10%)) | per bill $280.00 |
| Demand Loan interest (Agreed rate of interest) | per month. Min. $1,000.00 |
| Loans in Arrears. (late fees are being calculated at 1%of the payment due. The charge being per payment after 5 grace days) | Min. $750.00 |
| Loan of Duplicate Certificate of title to Non-Commercial bank | $3,500.00 |
| Committee fee (2.33%-3.495% of amount of all new loans and overdrafts and increases in credit depending on amount and nature of security provided and risk involved). | Min. $3,000.00 |
| Overdraft Interest- with previous arrangement | Min. $1,000.00 |
| Overdraft Interest- with no previous arrangement (Rate 44%) | Min. $1,000.00 |
Guarantees issued to other financial institutions (Local)
|
1.73% $5,500.00 $5,500.00 $5,500.00 |
Guarantees issued to other financial institutions (Foreign)
|
1.17% |
| Borrowing in excess of authorized limit- (Presently 44%) | Min. $650.00 |
| Guarantees/Indemnities or Letters of Undertaking | Min. $3,000.00 |
Guarantee issued under EXIM administered lines.
|
Min. $3,500.00 |
| Guarantees issued to service provider- 3.5%-6% p.a. for period outstanding | Min. $7,000.00 |
| Credit Information Service | Rates |
| Motor Vehicle Enquiry | $2,150.00 |
| Motor Vehicle Registration | $2,600.00 |
| Individual check | $2,500.00 |
| Verification of CSV on life insurance policy. (plus insurance company charges) | $1,500.00 |
| Credit Reports | $2,500.00 |
| General Services | Rates |
| Manager’s Cheque sold | $300.00 |
| Replacement Manager’s Cheque | $900.00 |
| Special Letters (Universities etc.) | $1,500.00 |
| Standing orders (Set-up + Cost based on payment method)
Methods M.C/ACH Wire Draft |
$400.00
$350.00 $3,200.00 $800.00 |
| Cheques sent on collection | $1.165% of amount. |
| In-branch cash advance | 2% + 5% Base charge |
| Telephone call charges | Per minute $2.00 |
| Stop payment on manager’s cheque | $2,000.00 |
| Depository Services | Rates |
| Night Depository bags- 10 ½ x 8 ½ (per month) | $2,300.00 |
| Night Depository bags- Large 16 x 11 ½ (per month) | $4,600.00 |
| Customer owned wallet (per annum) | $4,570.00 |
| Damaged/lost wallets (plus cost of bag) | $2,540.00 |
| Lost key to wallet/outside door of night deposit (plus full cost of replacing key) | $610.00 |
| Safekeeping single control wallets (per annum) | $3,045.00 |
| Payroll Preparation | Rates |
| Pay packet - filling envelopes etc. (per envelope) | $175.00 Min. $600.00 |
| Per name on a list for credit to FGB accounts | $150.00 |
| Per name on a list + Delivery charge to other bank | $200.00 |
| Making payments in bulk specifying denominations only (per 1000) | $3.50 |
| Safety Deposit Boxes | Rates |
| Lost/broken keys (plus full cost of replacing key, drilling and changing key) | $1,520.00 |
| Rentals- Small 5cm x 13cm x 60 cm (per annum) | $2,000.00 |
| Rentals- Medium 7.5cm x 13cm x 60cm (per annum) | $2,200.00 |
| Rentals- Large 12.5cm x13cm x 60cm (per annum) | $2,600.00 |
| Rentals-X Large 7.5cm x 26cm x 60cm | $5,000.00 |
| Rentals- XX Large 13.5cm x 26cm x 60cm | $5,500.00 |
| Listing of Contents (per employee for an hour or part thereof.) | $660.00 Min. $510.00 |
| Visit to Safe Keeping | $1,000.00 |
 |
Designed by IMeX Technologies