TARIFF OF CHARGES (until 31 December 2015)

Transcription

1 TARIFF OF CHARGES (until 31 December 2015) I. Account Charges An account opening administration fee of 30 is charged for current accounts. An account maintenance charge of 8 is charged monthly for current accounts and this is debited to the current account on the 15 th day of the month (or the next working day). For business customers the account maintenance charge will vary depending on your circumstances. Interest on unauthorised overdrafts If you overdraw on your current account without our prior approval or authorisation, you must pay us interest on the amount of any unauthorised overdraft at an interest rate which at all times will be 20% (twenty per cent) fixed per annum. Interest on the amount of your unauthorised overdraft will be calculated daily on the amount of your unauthorised overdraft as at the end of each day. Interest will be payable quarterly in arrears on the 15 th day of each March, June, September and December (each, a payment date) commencing on the payment date immediately following the date on which your unauthorised overdraft commences. Charges on unauthorised overdrafts We may charge you the following fees if we allow an overdraft to be created or your arranged overdraft limit to be exceeded without prior arrangement: a fee of 12 per month for unauthorised overdraft balances of between 20 and 500 during that month: a fee of 25 per month for unauthorised overdraft balances of over 500 during that month: and an administration fee of 15 for each letter, fax, or telephone call we make or give you to tell you your account is overdrawn. We may introduce new charges on your account or increase the amount of any charges which already apply to your account if we have a valid reason (as defined in the terms and conditions of your account) and by notifying you personally not less than 2 months before the change comes into effect.

2 We may reduce the amount of any charges which apply to your account and will notify you either before the change comes into effect or at the time it comes into effect. II. Cheques and Money Transfers Bankers drafts and foreign currency cheques 0.15% of the amount drawn or transferred, subject to a minimum charge of 15 and a maximum charge of 75 (plus foreign exchange commission where applicable). Money transfers SEPA payments, transfers via SWIFT, and sterling transfers via CHAPS (including any of these types of transfers from your Spanish Link Account): 0.175% of the amount transferred, subject to a minimum charge of 10 and a maximum charge of 50. Advice by fax: Foreign banks may also deduct or charge a commission on receipt of funds for non-sepa payments. Our fees and charges for SEPA payments will be charged to your current account but will not be deducted from the transfer amount. We will not deduct any charges from SEPA payments received into your euro bank account in any of our London branches. Transfers to another BBVA account in the UK (internal transfers (excluding transfers in euro)): transfers made by phone, fax or - 1; transfers made via BBVA Net - free of charge. Transfers to another UK account (non-chaps national transfers): transfers made by phone, fax or - 10; transfers made via BBVA Net - free of charge. Non-CHAPS transfers are available only for transfers in sterling of up to 5,000 per day (or for some of our business customers, up to 100,000 per day) and only to bank accounts within the UK. Banks which do not accept Faster Payments will not be able to accept transfers made via the BBVA non-chaps national transfer service. Please confirm that the recipient bank accepts Faster Payments as otherwise your payment instruction may be refused but you may still be charged. III. Foreign Currency Our rates and commissions for buying and selling foreign currency notes are displayed in our branches. Our foreign exchange commission is 0.1% of the amount purchased or sold (as applicable) subject to a minimum charge of 5. No commission is charged on the purchase or sale of Euro notes.

3 Foreign bank notes paid into or withdrawn from a foreign currency account are subject to a commission of 0.50% of the value paid in or withdrawn (as applicable). IV. Other charges Domestic Standing Orders (in sterling)*: -orders set up by phone, fax or - 1 per payment -orders set up via BBVA Net free of charge. International Standing Orders (excluding SEPA payments)*: 0.175% of the amount of each payment, subject to a minimum charge of 10 and a maximum charge of 50 Direct Debits**: No charge Stop payment of a cheque: Cheque returned unpaid: -Customer cheque or direct debit 30 -Cheque paid in Certificate of account balance: Additional copies of a statement: 6 per statement Retain correspondence: 55 per annum Withdrawal of funds from your BBVA account overseas through any of our London branches (excluding SEPA payments): - 20 (up to 500 withdrawn) - 25 ( 500 or more withdrawn) Audit report/response to status enquiries: 30 BBVA VISA credit card terms and conditions, including rates of Interest and annual fees, are set out in the terms and conditions applying to your credit card account. *These are instructions given to us by you to pay a fixed amount to a third party on a regular basis. **These are instructions given by you to a third party to collect variable amounts from your account with us. V. Services via Cash Machines VI. BBVA VISA debit card withdrawals in Sterling within the UK are FREE BBVA VISA debit card withdrawals overseas and withdrawals in euro from cash machines in the UK: 1.75 BBVA VISA credit card cash withdrawals attract a commission of 1.50% of the amount withdrawn subject to a minimum charge of This charge is charged to the VISA credit card account. Safe Custody and Administration Standard custody fee 0.25% per annum of the value of the portfolio (calculated annually) plus VAT, subject to a minimum annual charge of 40 plus VAT. Safe deposit box charges available on request.

4 VII. Investments Commission charge for purchase/sale of equities all exchanges and gilts: On the first 5,000 of the purchase price: 1.5% of such amount, subject to a minimum charge of 40. On the next 17,000 of the purchase price: 1.0% of such amount On the remaining balance of the purchase price: 0.5% of such amount Right issue: 0.25% of the amount subscribed subject to a minimum charge of 10. Bonus issue: 0.25% of the amount subscribed, subject to a minimum charge of 10. STAMP DUTY RESERVE TAX MAY BE PAYABLE DEPENDING ON YOUR INDIVIDUAL CIRCUMSTANCES. Stamp duty on Irish equity purchases: 1.0% of the value of the purchase. VIII. Dividend Payments Registered stock: 0.5% of the dividend paid subject to a minimum charge of 10. Bearer stock: 2.0% of the dividend paid subject to a minimum charge of 10. IX. Fixed Rate Bonds Fixed Rate Bonds non UK (inc. Eurobonds, foreign bonds and overseas government bonds): -On the first 10,000 of the purchase price: 0.50% of such amount, subject to a minimum charge of 40 per transaction. -On the next 17,000 of the purchase price: 0.25% of such amount -On the remaining balance of the purchase price: 0.125% of such amount. Fixed Rates Bonds UK -On the first 5,000 of the purchase price: 1.5% of such amount, subject to a minimum charge of 20 per transaction. -On the next 17,000 of the purchase price: 1.0% of such amount. -On the remaining balance of the purchase price: 0.50% of such amount. Other Related Charges -Transfer of stock FREE from another bank to BBVA London -Duplicate tax certificate or statement of valuation: 15 plus VAT -Duplicate contract note: 10 plus VAT per trade. Overdrafts, personal loans and mortgage loan interest rates and fees and charges are available on request. Where the charges and amounts indicated in Sterling in this Tariff of Charges are related to a foreign currency account they will be charged in the corresponding foreign currency at the applicable rate of exchange on the day on which the charge made. For further information on our currency exchange rates please contact your branch. If you are unhappy with these fees and charges you are free to terminate your banking agreement with us or close or change your account immediately without charge and move to another retail banking service. If you wish to do so, we will assist you with the move.

5 Further information: Please let us know if you would like this information in Braille or large print or in an alternative format to enable you to understand it. BBVA is a trading name of Banco Bilbao Vizcaya Argentaria, S.A. Registered in England with Company No. FC and Branch No. BR Registered office: One Canada Square, 44th Floor, Canary Wharf, London E14 5AA. Authorised by the Bank of Spain and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.