BOB SCHEDULE OF FEES. Effective August 2018

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BOB SCHEDULE OF FEES Effective August 2018 Note: The fees listed in this schedule are an extract of the Bank s full Fee Schedule and have been published for basic personal and

1 BOB SCHEDULE OF FEES Effective August 2018 Note: The fees listed in this schedule are an extract of the Bank s full Fee Schedule and have been published for basic personal and business banking services. Any charges not listed in this schedule may be obtained from the Bank upon request. The information contained in this schedule is subject to change.

2 BOB Schedule of Fees Page 2 A. DEPOSIT BUSINESS CURRENT A/C PERSONAL Minimum Balance on Foreign Currency A/C $33.60 Monthly Weekly Overdraft Fee $8.96 Overdraft Per Item Fee $28.00 Service Charge $0.62 Per item Withdrawal $1.40 Stamp Duty $0.40 Per item Dormant Account (applicable after 12 months of no activity) $11.20 Monthly Transfer Fee (special request) $5.60 CURRENT A/C BUSINESS Weekly Overdraft Fee $8.96 Overdraft Per Item Fee $28.00 Service Charge $0.67 Per item Stamp Duty $0.40 Per item Over-the-Counter Cash Deposits Fee $10, plus 1% Failure to maintain minimum balance for foreign currency accounts Government $28.00 Monthly Failure to maintain minimum balance for foreign currency accounts Business $33.60 Monthly B$ External Maintenance Fee $22.40 Monthly IBC CURRENT ACCOUNTS Failure to maintain minimum balance for foreign currency accounts Business $56.00 Monthly SAVINGS ACCOUNT - LOCAL CURRENCY Minimum amount to open Bahamian A/C $25.00 Monthly Statement Printouts $5.60 Monthly Service Fee $0.00 Interim Statement Printouts $11.20 Photocopies - first page $3.36 Photocopies - each additional page $1.12 Update passbook (if more than four (4) entries $2.24 Withdrawals $1.40 Per item Stamp Tax $0.40 SAVINGS ACCOUNT - FOREIGN CURRENCY No passbook $2.24 Monthly Statement Printouts $5.60 Interim Statement Printouts $11.20 Photocopies - first page $3.36 Photocopies - each additional page $1.12

3 SAVINGS ACCOUNT - FOREIGN CURRENCY (contd.) Replacement passbook $5.60 Update passbook (if more than four (4) entries $2.24 Stamp duty $0.40 Failure to maintain minimum balance for foreign currency accounts Business $31.36 Monthly Interest is not paid when balances fall below the minimum balance to open account BOB Schedule of Fees Page 3 TERM/TIME DEPOSITS Penalty interest for early redemption $39.20 Rate less 2% interest or minimum of $35 Additions to fixed deposits $33.60 AUTOMATED BANKING MACHINES Deposits, Transfers $0.00 Free Replacement card $5.60 Withdrawals $1.12 Per Transaction Withdrawals Other Bank Cards $2.24 PAYMENTS/CHEQUE HANDLING Cash Withdrawals exceeding $20, /2% of cash value plus VAT Chargeback/Returned Item $28.00 In Branch transfers $5.60 In Branch Withdrawals & Debits $1.40 NSF (Return cheques) $28.00 O/D Cheque Handling $22.40 Handling/Processing Post-Dated Cheques $4.48 Per item Standing Order Payments $16.80 DAY & NIGHT DEPOSITS Night Depository Annual Rental Fee $75.00 Plus cost of bags Disposable Bags (100 per box) $56.00 Per 100 Lost/Broken Key (replacement) $ Plus cost of key Notification of Rental Arrears $2.24 each Processing cash per $1, % + VAT Per $1,000 Rentals for less than 12 months are subject to a charge of 1/12 annual rental for each month or part thereof subject to a minimum fee of $25.00+VAT $28.00 OTHER DEPOSIT ACCOUNT RELATED SERVICES Account closed after 90 days $0.00 No charge Account closed within 90 days $28.00 Per account Auditors Bank Confirmation $44.80 Certification of Account Balances $22.40

4 BOB Schedule of Fees Page 4 OTHER DEPOSIT ACCOUNT RELATED SERVICES (contd.) Court Appearance by Bank Personnel $72.80 Per hour or minimum $ VAT Credit Report $22.40 Exchange Control Approval Letter $33.60 Hold Mail $16.80 Monthly Imaged Cheque (s) $1.12 Per image Interim Statements $11.20 Per Request Letter to Consulate $22.40 Per Request Reference Letters $22.40 Statement Additional Page $1.12 Per page Statement Photocopies $3.36 Up to three pages CHEQUE BOOKS ORDERS Personal (Normal) $11.20 Personal (Rush) $22.40 Personal Duplicate $16.80 Business (Normal) $22.40 Business (Rush) $33.60 Business Duplicate $28.00 STOP PAYMENT FEES Managers (Official) Cheque $22.40 Local Cheque $22.40 Foreign Currency Draft ( up to $25,000) $33.60 Foreign Currency Draft ($25,001 - $50,000) $56.00 Foreign Currency Draft (over $50,001) $ UNCLAIMED BALANCES Inactive two years $28.00 Annually Transfer balance to Central Bank $28.00 Per Transfer Request balance from Central Bank $28.00 Per Transfer Dormant Status $11.20 Monthly Notification of Drafts & Official Cheques $6.72 Per Notification B. SAFEKEEPING SERVICES SAFETY DEPOSIT BOXES Small $ Annually Medium $ Annually Large $ Annually Extra large $ Annually Replacement Keys $ Drilling Box $112.00

5 BOB Schedule of Fees Page 5 SAFETY DEPOSIT BOXES (cont d) Replacing Lock $ Plus cost of lock Estate Opening $ Notification of Arrears $2.24 SAFEKEEPING FEES Access Fee includes 2 monthly visits $56.00 Annually Stock Certificates/Bonds $ Annually Sealed Envelopes $ Annually Small Packages $ Annually Large Packages $ Annually C. PAYMENT SERVICES DRAFTS / MONEY TRANSFERS Official Cheques (Managers Cheques)/Wire Transfers $11.20 Foreign Currency Draft: Residents $11.20 Foreign Currency Draft: Non-Residents: up to $5,000 $33.60 $5,001 - $10,000 $44.80 $10,001 - $25,000 $56.00 $ $100,000 $67.20 $100,001 - $500,000 $ $500,001 and over $ RTGS TRANSFER Bank to Bank Transfer (Incoming & Outgoing) $11.20 Special Settlements Fee $11.20 SWIIFT CHARGES North America (USA & Canada) $28.00 All other Destinations $33.60 Wire Repair Fee (per wire) $28.00 INTERNATIONAL WIRE TRANSFERS Wire Transfers: Residents $11.20 Plus Swift Charges Wire Transfers: Non-Residents up to $5,000 $33.60 Plus Swift Charges $5,001 - $10,000 $44.80 Plus Swift Charges $10,001 - $25,000 $56.00 Plus Swift Charges $ $100,000 $67.20 Plus Swift Charges $100,001 - $500,000 $ Plus Swift Charges $500,001 and over $ Plus Swift Charges

6 BOB Schedule of Fees Page 6 INCOMING WIRES Incoming Wires $22.40 COLLECTION ITEMS Clean Documents and Cheques $ AMERICAN EXPRESS PAYMENT BOB account $6.72 Non-BOB Personal cheque $11.20 Non-BOB Foreign draft $11.20 ONLINE BANKING Personal $0.00 Business $0.00 PAYROLL SERVICES Manual Processing Fee $56.00 Per Payroll File External - Account Transfer $3.36 Per Transaction Internal - Account to Account $2.24 Per Transaction Online/Electronic Monthly Service Charge $11.20 Per Month External - Account Transfer $0.67 Per Account Transfer Internal - Account Transfer $0.56 Per Account Transfer Payroll Envelopes (stuffed) $3.36 Per Envelope Payroll Envelopes (empty) $1.12 Minimum $12.00 Call in Service $16.80 BILL PAYMENT Manual (No Electronic Exchange of Information) Processing Fee - Bill Payment Company $ Per Month Transaction Fee $0.78 Per Transaction Set Up $ Online/Electronic Monthly Service Charge $11.20 Per Month Transaction Fee $0.06 Per Transaction Set up $56.00

7 BOB Schedule of Fees Page 7 MONEY GRAM (All fees are subject to foreign exchange rate) MoneyGram Repair Fee $5.60 To USA, Canada, Europe, Latin America, Caribbean, Asia, Australia, Africa $ $100 $13.44 $ $ $16.80 $ $ $22.40 $ $ $33.60 $ $ $44.80 $ $1, $56.00 $1, $1, $67.20 $1, $1, $89.60 $1, $1, $89.60 $1, $2, $ $2, $5, $ $5, $7, $ $7, $10, $ STANDING ORDERS Payments to other banks $22.40 Payments to business establishments $22.40 Family Island Branches $22.40 Transfer between accounts at BOB $6.72 SEARCH FOR RECORDS Minimum Charges $33.60 Per hour $33.60 D. CARD SERVICES AUTOMATED BANKING MACHINES (ABM-ATM) Withdrawals - Local Maximum $ Per day Withdrawals - BOB $1.12 Withdrawals - Non-BOB $2.24 Replacement Card $11.20 VISA PREPAID CARDS Annual Membership Fee Primary Card Holder $39.20 Immediate Loads - ATM $5.60 Cash Advance Minimum Fee $5.60 3% of amount min $5.00 Immediate Loads - Branch $28.00 NSF $1.06 Per Transaction

8 BOB Schedule of Fees Page 8 VISA GIFT CARDS Application Fee $5.60 Regular Loads $5.60 VISA CLASSIC CREDIT CARDS (contd.) Annual Membership Fee Primary Card Holder $39.20 Annual Membership Fee Secondary Card Holder $28.00 VISA GOLD CREDIT CARDS Annual Membership Fee Primary Card Holder $84.00 Annual Membership Fee Secondary Card Holder $67.20 OTHER CARD FEES Application Fee $39.20 Cash Advance $5.60 3% of or Min.$5.00 Late Payment Fee $33.60 Lost/Stolen Card Fee $22.40 Over limit Fee $33.60 PIN Request Fee $22.40 Replacement Card $16.80 Statement Fee $8.96 Research Fee $39.20 MERCHANT and ecommerce For details on our Merchant and E-Commerce service channels contact a Branch representative E. LENDING SERVICES COMMERCIAL MORTGAGES Handling Fee $ Minimum Fee Annual Review $ months interest + VAT RESIDENTIAL MORTGAGES/ REAL ESTATE 6 months interest + VAT Annual Review $89.60 HOME EQUITY LOANS Commitment Fee 2%-3% + VAT 2-3% of loan value CONSUMER LOANS Application Fee $ Minimum Fee Legal Fees $ months interest + VAT Annual Review $112.00

9 BOB Schedule of Fees Page 9 COMMERCIAL LOANS Administrative Fee $ Flat Fee 6 months interest + VAT Annual Review $ OVERDRAFTS Over limit $33.60 Weekly Overdraft Fee $8.96 Minimum monthly charge Per Item Charge $28.00 Excesses to Contractual rate (Default Rate) 18% + VAT Weekly Overdraft Fee $8.96 OVERDRAFTS Annual Review Fees (Business Accounts) $ OTHER LENDING FEES Commitment Fee 1-2% Government Stamp Fees 0.2% secured and 1% unsecured + VAT 3 months interest + VAT Late Payment 1% or $39.20 Legal Fees Refinancing/Renegotiation 2.5% + VAT 1%-2% + VAT Copies of Appraisals $ Annual Review $ Loan Restructure Fee $ Disclaimer: The content of this document is for the general guidance purposes and benefit of our clients. While efforts are made to ensure accuracy and completeness of the information at the time of publication, errors and omissions may occur. Bank of The Bahamas Limited (BOB) and its affiliates specifically disclaim any liability which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this publication. BOB reserves the right to amend the terms and conditions stated in this publication.

SKNANB FEE SCHEDULE UPDATED 31/12/17

SKNANB FEE SCHEDULE UPDATED 31/12/17 SKNB FEE SCHEDULE UPDATED 31/12/17 Fees on this schedule are not VAT inclusive ADVANCES & LOANS Personal Overdrafts Application Fee Commission/ Commitment 1% Min $150 Exceeding limit fee (per item) $30.00