TARIFF GUIDE 15th September, 2018 - Effective 1st October to 31st December, 2018 Current Accounts Minimum balance for opening - Personal 00 Business/Corporate 00 Minimum balance to maintain account Business/Corporate 00 Service Fees SCR3 per entry charged half yearly Account Closure "Refer to Drawer" cheques returned due to lack of funds 0 Returned cheques sent by registered mail Stop Payment on Cheques Standing Orders Internal to same Customer Internal to third party External-Local Dormant Accounts Payment instruction To same Customer account To other Customer Account Interbank - Local/ See "Funds Transfer" Section Savings Accounts Minimum balance for opening 0 Minimum balance to maintain account Account Closure Replacement of Savings Passcard Withdrawal without Passcard/ATM card Standing Orders Internal to same Customer Internal to third party External-Local Dormant Accounts Payment instruction To same Customer account To other Customer Account Interbank - Local/ See "Funds Transfer" Section Foreign Currency Accounts Minimum balance for opening - Personal USD2000 EUR2000 GBP2000 Business/Corporate USD10000 EUR10000 GBP10000 Min. balance to maintain a/c - Personal USD500 EUR500 GBP500 Business/Corporate USD5000 EUR5000 GBP5000 Nouvobanq Tariff Guide Page 1 of 6
Internal Transfers To same Customer A/Cs To other Customer A/Cs USD1 or equivalent for other currencies Service Fees Personal 0.50 in relevant currency Business/Corporate 0.75 in relevant currency Cash Deposit (Bureau de Change Accounts) Transfer of Funds (Bureau de Change A/Cs) 2% Dormant Accounts Account Closure International Business Minimum balance for opening and to maintain account Service Fees Accounts falling below minimum balance Outward International Transfers Internet Banking USD100,000, EUR100,000, GBP100,000 & same for other currencies 0.75 in relevant currency USD50 plus 1% on amount transfered Subscription Fees Individuals Free Corporate/Businesses - USD3.50 - EUR3 - GBP2.50 pm Transaction Charges As per set charges on Tariff Guide Card Visa Gold Card Subscription Fee 0 0 0 Visa Corporate Card Subscription Fee SCR3000 0 0 All cash advance made on Visa Gold & Corporate Cards 5% Visa Classic (Debit Card) Subscription Fee Cash advance made overseas & all overseas transaction 2% UPI Classic (Debit Card) Subscription Fee Cash advance made overseas & all overseas transaction 1% Visa Electron Debit Card ATM use Withdrawal made from other Bank's ATM Credit and Advances Overdrafts and Loans Commitment Fees Loans (below 1 Million) 0 flat (1 Million & above) 1% Mininmum Overdraft (Upto 500k) (above 500k to less than 1m) 0 flat Nouvobanq Tariff Guide Page 2 of 6
(1 Million & above) 0.50% Excess Fees Unauthorised O/D 2% over prescribed rate Exceeds Limit Agreed rate + 2% Prepayment Fees Business Forex Business Loans 1% on amount prepaid Personal Restructuring 1% of amount restructured Penalty Interest Rate 2% over prescribed rate Advice of unauthorised O/D sent per letter Letter to confirm no commitment with the Bank Unutilised Loan Facility Fee 1% of undrawn amount Home Finance Loans - Commitment Fees 1% flat minimum First Home Buyers Upto SCR1.5m 0.5% max 00 above SCR 1.5m 0.5% Standing Order Loan repayments Funds Transfers Outward SWIFT transfers 1% SCR175 + Correspondents charges which vary depending on currency Local Query on Outward SWIFT (MT103) Inward SWIFT transfers Where authentication required from 3rd party Bank SCR125 flat Commission USD25 on Offshore Accounts only International Bankers Draft Draft cancellation Stop Payment on Drafts charges from Correspondent Bank T/Cs (GBP & EUR purchase for deposit only) Standing Order Telephone calls made on Customers' behalf Drafts mailed directly to beneficiary Local (registered) Payments through third party Additional SCR75 Local Interbank Transfers in Foreign Currency SCR35 Payment instruction Interbank - Local by EFT SCR20 Guarantees/Bonds/Indemnities etc. Contract Guarantees/Bonds/Indemnities issued on clean basis 3% per annum Contract Guarantees/Bonds/Indemnities against collaterals 2% per annum Immigration Bonds 0 flat p.a. payable in advance Telephone calls made abroad on behalf of Customer + 50% minimum s Local (Registered) Minimum Nouvobanq Tariff Guide Page 3 of 6
+ 25% Minimum 0 Fax/SWIFT messages at Customer's request + 50% Minimum 0 Local Minimum Bills for Collection Inward (Documentary) 1% Minimum 0 Transmission Cost Minimum Inward (Clean) 1% SWIFT Draft Handling payment of draft previously SCR200 (This is in addition to charge for accepted through Nouvobanq Inward (Documentary) above) Transaction Cost Minimum Bank charges Bank charges on FX cheques collected EUR10 GBP1.50 per collection Bills forwarded to other local Banks for any reason SCR200 Protest fees for unpaid bills + Legal Fees Outward (Sight) 0.50% s Stamp Duty SCR10 Outward(Tenor) 0.50% SCR35 Outward (Clean)- Unpaid Cheques SCR200 Transmission Cost Outward (Clean)-Documentary tracers at Customers request SCR75 Transmission Cost Telephone calls made abroad on behalf of Customers Mail sent on behalf of Customers Local per item (registered) Minimum per item + 25% Minimum 0 Bills Negotiated Cheques, drafts, T/C other than VISA overseas charges Telephone calls Mail sent on behalf of Customers See Bills for Collection Fax/SWIFT messages sent on behalf of + 50% Customers Local Minimum Documentary Credits (Outward/Import) Opening/Transferring.75% + 0 SWIFT charges Confirmation charges from Correspondent Bank Negotiation 0.75% Nouvobanq Tariff Guide Page 4 of 6
Amendments.75% on amt of increase or period of extension per 3 mths or part thereof plus 0 SWIFT charges Others: 0 flat Shipping Guarantee 0 Stamp Duty Mail sent on behalf of Customer Local per item (registered) Minimum per item + 25% Minimum 0 Fax/SWIFT sent on behalf of + 50% Customers Local Minimum Draft Letter of Credit 0 Documentary Credits (Inward/Export) Advising SCR175 Amendments SCR65 Tranferring of LC 0.75% Payments 0.50% 0 Sale/ Withdrawal of Currency Notes Sale of USD notes 1% Sale of GBP notes 1% Withdrawals from Foreign Currency Accounts Miscellaneous Bank Audit Report to Companies' Auditor Balances only SCR125 per request Balances & Liabilities/Securities 0 per request Status Report/Bank Reference SCR175 status enquiries/swift SCR300 Request for Personal CIS SCR125 per report Interest Paid Certificate per certificate year Photocopies per item + search fees E-Statements (Current Accounts only) pm per A/C charged on SCR A/C Statements - duplicate/additional/archives SCR10 per page minimum MT 940 per message Safe Custody Small Lockers SCR200 per month Large Lockers SCR400 per month Temporary Access Open Custody Any additonal document SCR20 Treasury Bills Certificate per Treasury Bill Night Safe Facility per month charged half yearly Loss of wallet or key 0 for replacement Processing of Tax payment Treasury Bills tender on behalf of Customers per Treasury Bill payable upfront Bankers Cheques per cheque Bankers Cheques Cancellation per cheque Nouvobanq Tariff Guide Page 5 of 6
All s Cheque Book Charges 100 leaves (large) SCR190 50 leaves (small) SCR110 Processing & Clearing of non standard cheques SMS Notification Alert (MyAlert).50Cts per SMS KINDLY NOTE AMENDMENTS/ADDITIONS Current /Savings Accounts Standing Orders External-Local Credit and Advances Prepayment Fees Forex Business Loans 1% on amount prepaid Guarantees/Bonds/Indemnities etc. Contract Guarantees/Bonds/Indemnities issued on clean basis Contract Guarantees/Bonds/Indemnities against collaterals Miscellaneous 3% per annum 2% per annum MT 940 per message Bankers Cheques per cheque SMS Notification Alert (MyAlert).50Cts per SMS Abbreviations O/D Overdraft - min. Mininmum - T/C Travellers Cheques - mths Months - p.a. Per annum - m million max. Maximum - curr. Currencies - FX Foreign Exchange - pm Per Month - A/Cs Accounts - amt Amount Nouvobanq Tariff Guide Page 6 of 6