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 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 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 $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
|
|
| $5.001,01 - $25.000 |
15.00
|
|
| $25.000,01 - $100.000 |
35.00
|
|
| $100.001,01 - $250.000 |
60.00
|
|
| $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(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 Euro for first 10 pages and 1 Euro 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/transcation
|
||
| 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
|
||
