Charges Schedule w.e.f. 01-04-2018

 

SERVICE CHARGES FOR CURRENT ACCOUNTS W.E.F. 01.04.2018

 

 

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.

 

WITHIN BELGIUM (LOCAL)

 
Inward Direct Remittance EURO
NIL
USD Upto $50.000  
12.00
$50.001 - $250.000  
17.50
$250.001 - $1.000.000  
25.00
$1.000.001 and above  
30.00
 
Outward Remittance

EURO

(value date- Same Day)

   
10.00
 
USD   Value-Next Day Value-Same Day
Upto $50.000
20.00
30.00
$50.001 - $250.000
30.00
40.00
$250.001 - $1000.000
35.00
45.00
$1.000.001 and above
60.00
65.00
Internal Transfer USD & EUR
NIL


 

OUT OF BELGIUM (NON-LOCAL)

 
Inward Remittance EURO
NIL
USD Upto $5.000
12.00
$5.001,01 - $10.000
17.50
$10.000,01 - $25.000
25.00
$25.000,01 - $50.000
40.00
$50.000,01 - $100.000
60.00
$100.001,01 - $250.000
0.0375% Min. 60.00
$250.000,01 - $500.000
0.0275% Min. 100.00
$500.000,01 and above
150.00
 
Outward Remittance

EURO

(value date- Same Day)

10.00
 
USD   Value-Next Day Value-Same Day
Upto $10.000
25.00
30.00
$10.001,01 - $25.000
30.00
$25.001,01 - $50.000
45.00
55.00
$50.000,01 - $100.000
65.00
80.00
$100.001,01 - $250.000
0.04% Min. 65.00
0.05% Min. 100.00
$250.001,01 - $500.000
0.03% Min. 100.00
0.04% Min. 125.00
$5000.000,01 - $1000.000
0.02% Min. 150.00
0.03% Min. 200.00
$1.000.001 and above
250.00
350.00
Internal Transfer USD & EUR
NIL


 

 

 

FOREX COMMISSION

Involving exchange of currencies
Upto $5.000
5.00
$5.001,01 - $25.000
12.50
$25.000,01 - $100.000
30.00
$100.001,01 - $250.000
55.00
$250.000,01 - $500.000
100.00
$500.000,01 and above
150.00

 

 

 

 

MISCELLANEOUS CHARGES RELATED TO CURRENT ACCOUNTS

 

Charges for opening C/A
100.00
Charges for closing C/A
50.00
Annual maintenance charges
150.00
Opinion reports
Actual cost, with a min. 100.00
Audit Confirmation Clients
50.00
Banks
100.00
Monthly Min. Balance Charges
15.00
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
0.50 per folio subject to a minimum of 2.00
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
10.00/addl invoice
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
20.00
Manual intervention charges by correspondent banks
5.00
Annual fee for Internet Banking (per user)
100.00

 

 

 

 

OUT OF POCKET EXPENSES

 

Outside Europe
In Europe
Ordinary Post
10.00
5.00
Registerered Post
15.00
10.00
DHL/courier
40.00
25.00
Issue of duplicate draft
25.00
Draft revalidation/cancellation
10.00

 

 

 

 
COLLECTION CHARGES

 

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

 

 

 

 

SERVICE CHARGES FOR OVERDRAFT ACCOUNTS W.E.F. 01.04.2018

 

Note:

1 Unless otherwise specified, all charges are in Euro
2 All charges are exclusive of VAT (Present VAT is 21%)
3 Where amounts are quoted in Euro, equivalent in other currencies will be calculated at current exchange rate.

 

 

WITHIN BELGIUM (LOCAL)

 
Bill Lodgment Outward
80.00
Inward
75.00
 
Inward Remittance EURO
NIL
USD Upto $50.000
12.00
$50.001 - $250.000
17.50
$250.001 - $1.000.000
25.00
$1.000.001 and above
30.00
 
Outward Remittance

EURO

 

Upto €500.00
5.00
Above €500.00
10.00
 
USD Upto $50.000
20.00
$50.001 - $250.000
30.00
$250.001 - $1000.000
35.00
$1.000.001 and above
55.00
Internal Transfer USD & EUR
NIL


 

OUT OF BELGIUM (NON-LOCAL)

 
Bill Lodgment Outward
80.00
Inward
75.00
 
Inward Remittance EURO
NIL
USD Upto $25.000
25.00
$25.001,01 - $50.000
50.00
$50.000,01 - $100.000
75.00
$100.000,01 - $250.000
0.05% Min. 100.00
$250.000,01 - $500.000
0.03% Min. 125.00
$500.001,01 - $1.000.000
0.02% Min. 150.00
$1.000.000,01 and above
225.00
 
Outward Remittance

EURO

 

Upto €500.00
5.00
Above €500.00
10.00
 
USD Upto $25.000
25.00
$25.001,01 - $50.000
50.00
$50.000,01 - $100.000
75.00
$100.000,01 - $250.000
0.05% Min. 100.00
$250.000,01 - $500.000
0.04% Min. 125.00
$500.001,01 - $1.000.000
0.03% Min. 200.00
$1.000.000,01 and above
350.00
Internal Transfer USD & EUR  
NIL


 

 

MISCELLANEOUS CHARGES

 

Any SWIFT at Customer's Request or on account of Customer
25.00
Opinion Report (Called from outside agencies)
Actual with min. 50.00
Opinion Report (given by us)
75.00
Balance Confirmation
50.00
Return of DHL Documents
Actual with min. 50.00
Dispatch by DHL on Customer's request
Actual with min. 40.00
Marking-off Bill (Export) on account of Payment received in other Banks or due to set off
Normal Realization Charges +75.00
Marking-off Bill (Import) on account of Payment sent through other Banks
75.00
Annual maintenance charges
150.00
Return of Inward Bills
100.00
Retrieval of record of more than 90 days
50.00
Manual intervention by Correspondence Bank
EURO: 5.00
USD: 50.00
Removal from cover after customer request
25.00

 

 

 

 


 

 

 

 

 

 

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1.30pm to 3.30pm

 

 

 

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