Charges Schedule w.e.f. 01-04-2019

 

USD correspondent (SBI NY) charges increased w.e.f. 16.07.2018

 

Remittance Slab (USD)
Existing charges MT 103 & 202
Revised charges MT 103 & 202
0 -500
NIL
NIL
501-1000
20
10
1001-10000
20
20
10001 & above
20
30

 

SERVICE CHARGES FOR CURRENT ACCOUNTS W.E.F. 01.04.2019

 

Note:

1 Unless otherwise specified, all charges are in Euro
2 All charges are exclusive of VAT
3 Where amounts are quoted in Euro, equivalent in other currencies will be calculated at current exchange rates.

 

REMITTANCE
 
WITHIN BELGIUM (LOCAL)

 
Inward Direct Remittance EURO 501-50000  
10.00
>50000  
20.00
USD Upto $50.000  
20.00
$50.001 - $250.000  
25.00
$250.001 - $1.000.000  
30.00
$1.000.001 and above  
35.00
 
Outward Remittance

EURO

(value date- Same Day)

Upto 5000  
10.00
>5000-50000  
20.00
>50000-250000  
30.00
>250000  
40.00
 
USD   Value-Next Day Value-Same Day
Upto $50.000
30.00
35.00
$50.001 - $250.000
40.00
45.00
$250.001 - $1000.000
45.00
50.00
$1.000.001 and above
60.00
65.00
Internal Transfer USD & EUR Upto 100.000
20.00
Above 100.001
30.00


 

OUT OF BELGIUM (NON-LOCAL)

 
Inward Direct Remittance EURO Upto 100.000
20.00
Above 100.001
30.00
USD Upto $5.000
15.00
$5.001,01 - $10.000
20.00
$10.000,01 - $25.000
40.00
$25.000,01 - $50.000
50.00
$50.000,01 - $100.000
70.00
$100.001,01 - $250.000
90.00
$250.000,01 - $500.000
120.00
$500.000,01 and above
150.00
 
Outward Remittance

EURO

(value- Same Day)

Upto 5000  
10.00
>5000-50000  
20.00
>50000-250000  
30.00
>250000  
40.00
 
USD   Value-Next Day Value-Same Day
Upto $25.000
30.00
40.00
$25.001 - $50.000
50.00
60.00
$50.001 - $100.000
70.00
80.00
$100.001 - $250.000
90.00
100.00
$250.001 - $500.000
0.03% Min. 100.00
0.04% Min. 125.00
$500.001 - $1.000.000
0.02% Min. 150.00
0.022% Min. 200.00
$1.000.001 and above
220.00
230.00
Internal Transfer USD & EUR Upto 100.000
20.00
Above 100.000
30.00


 

 

 

EXCHANGE OF CURRENCIES

Involving exchange of currencies
Upto $5.000
5.00
$5.001 - $25.000
15.00
$25.001 - $100.000
35.00
$100.001 - $250.000
60.00
$250.001 - $500.000
100.00
$500.001 and above
150.00

 

 

 

 

MISCELLANEOUS CHARGES RELATED TO CURRENT/OVERDRAFT ACCOUNTS

 

Charges for opening C/A
100.00
Charges for closing C/A
50.00
Annual maintenance charges (accounts in USD)
300.00
Annual maintenance charges (accounts in EURO)
150.00
Opinion reports
Actual cost, with a min. 100.00
Audit Confirmation Clients
50.00
Banks
100.00
Monthly Min. Balance Charges
20.00
Issue of Certificates (other than Solvency Certificate)
50.00
Non-execution of SI due to insufficient funds
30.00 per event
Copy of SWIFT message
10.00
Copy of SWIFT by Fax/e-mail
10.00
Statement of account
€30 for first 10 pages and €1 each for each additional page
Retrieval of record more than 90 days
100.00
Registration of SI
20.00
SI Processing charges
5.00
Addition/deletion of director/proxy/UBO/Authorised signatory
100.00
Addition of beneficiary in Internet Banking (INB)
10.00
Change of address/mobile number/email
10.00
Payment orders with incorrect/insufficient data
10.00
Payment orders with more than 2 invoices
Single invoice / transaction
Non intimation of changes in the constitution of company/directors/UBO/any other relevant information within 2 weeks
100.00
Activation of dormant/inactive account
50.00
Manual intervention charges by correspondent banks
10.00
Annual fee for Internet Banking/SMS/Email facility
125.00
Payment order without sufficient balance in account
30.00
Tracer via SWIFT
30.00

 

 

 

 

COURIER/POSTAL EXPENSES

 

Outside Europe
In Europe
Ordinary Post
10.00
5.00
Registerered Post
15.00
10.00
DHL/courier
40.00
25.00

 

DRAFT

 

Issue of duplicate draft
25.00
Draft revalidation/cancellation
10.00

 

 

 

 
CHEQUE COLLECTION CHARGES

 

Euro Cheques
15.00
+ Inward Payment Commission
Foreign Currency Cheques
25.00
+Payment & Exchange Commission

 

 

 

 

COLLECTION OF BILLS

 

LODGEMENT OF BILLS UNDER COLLECTION

 
 
WITHIN BELGIUM (LOCAL)
Outward/Inward

USD/EURO

Upto $25.000
20.00
$25.001 - $50.000
30.00
$50.001 - $100.000
40.00
$100.001 - $250.000
50.00
$250.001 - $500.000
60.00
Above 500.001
70.00

OUT OF BELGIUM (INTERNATIONAL)

Outward/Inward
USD/EURO Upto $25.000
30.00
$25.001 - $50.000
40.00
$50.001 - $100.000
50.00
$100.001 - $250.000
60.00
$250.001 - $500.000
70.00
Above 500.001
80.00


 

PAYMENT OF BILLS UNDER COLLECTION
 
 
WITHIN BELGIUM (LOCAL)
Outward/Inward

 

USD/EURO

Upto 25.000
20.00
$25.001 - $50.000
30.00
$50.001 - $100.000
40.00
$100.001 - $250.000
50.00
$250.001 - $500.000
60.00
Above 500.001
70.00
OUT OF BELGIUM (INTERNATIONAL)
Outward/Inward
USD/EURO Upto $25.000
30.00
$25.001 - $50.000
40.00
$50.001 - $100.000
50.00
$100.001 - $250.000
60.00
$250.001 - $500.000
70.00
Above 500.001
80.00


 

 

RETURN/MARK OFF OF BILLS

 

Marking-off Bill on account of Payment received in other Banks or due to set off
Normal payment of bills charges +50.00
Return of Inward Bills
100.00
Removal from cover after customer request
25.00

 

 

 

 


 

 

 

 

 

 

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