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| Service charges with effect from 1 January 2016 | ||
|---|---|---|
| 1. | Service charges for opening current account and savings accounts | Free |
| 2. | Service charges for closing of current account and savings accounts | SSP 180/USD 10/EUR 7.50 |
| 3. | Initial deposit for opening current account- Individual | SSP 540/USD 30/EUR 25 |
| 4. | Initial deposit for opening Flexi and Jena savings accounts | SSP 540/USD 30/EUR 25 |
| 5. | Initial deposit for opening current account- Corporate | SSP 9000/USD 500/EUR 375 |
| 6. | Change of signatures/names etc.(Each change) | SSP 90/USD 5/EUR 3.75 |
| 7. | Fee for non- maintenance of minimum balance (Monthly)- (Individual current and savings accounts) | SSP 18/USD 1/EUR 1 |
| 8. | Fee for non-maintenance of minimum balance (Monthly)- Current account Corporates | SSP 54/USD 3/EUR 2.50 |
| 9. | Account maintenance fee (Monthly- Current account Corporates) | SSP 144/USD 8/EUR 6.25 |
| 10. | Account maintenance fee (Monthly- Current account Individuals) | SSP 72/USD 4/EUR 3 |
| 11. | Account maintenance fee (Monthly- Flexi savings accounts) | SSP 54/USD 3/EUR 2 |
| 12. | Minimum balance to be maintained in current account- Individual | SSP 50/USD 3/EUR 2.50 |
| 13. | Minimum balance to be maintained in Flexi and Jena savings Accounts | SSP 50/USD 3/EUR 2.50 |
| 14. | Minimum balance to be maintained in current account- Corporates | SSP 1800/USD 100/EUR 25 |
| 15. | Cash deposit fee in local currency-Individual and Corporates (In- Branch) | Up to and including SSP 50,000: NIL and above SSP 50,000 i.e. 50,001 and above: 0.20% of the amount. |
| 16. | Cash withdrawal fee in local currency- Individual | Up to and including SSP 10,000: SSP 18 and above SSP 10,000 (i.e. SSP 10,001 and above): SSP 36. (Per transaction) |
| 17. | Cash withdrawal fee in local currency- Corporates | Up to and including SSP 25,000: SSP 35 and above SSP 25,000 (i.e. SSP 25,001 and above): SSP 70 (Per transaction) |
| 18. | Cash deposit fee in foreign currency | Free |
| 19. | Cash withdrawal fee in foreign currency ( For customers depositing cash and withdraw cash) | 1.25% on the amount with minimum of 1 USD/ |
| 20. | Cash withdrawal fee in foreign currency ( For customers not depositing cash and withdraw cash) | 1.75% on the amount with a minimum of 1 USD/1 EUR if the amount is USD 5,000 and below and 2.25% for USD above 5,000 |
| 21. | Conversion of currencies ( As per the availability of foreign currencies) | Exchange rate |
| 22. | Bank statement (Monthly) 1st statement free in a month. | Free |
| 23. | Adhoc bank statements- Per page | Corporate SSP 54/USD 3/EUR2.50 Individual SSP 18/USD 1/EUR 1 |
| 24. | E-Statement- Daily (Charges per month) | SSP 540/USD 30/EUR 22.50 Per month |
| 25. | E-Statement- Weekly (Charges per month) | SSP 90/USD 5/EUR 3.75 Per month |
| 26. | E-Statement- Monthly | Free |
| 27. | E-Statement- on request | SSP 18/USD 1/EUR 1 per request |
| 28. | Cheque stop payment instruction | SSP 360/USD 20/EUR 15 |
| 29. | Clearing cheque collection | SSP 90/USD 5/EUR 3.75 |
| 30. | Return of cheques due to insufficient balance | SSP 900/USD 50/EUR 37.50 |
| 31. | Return of cheques due to other reasons (Due to difference in signature, difference in words and figures, wrong date etc.) | SSP 180/USD 10/EUR 7.50 |
| 32. | Standing instructions- Per instruction | SSP 90/USD 5/EUR 3.75 |
| 33. | Letter of credit issuance charges (In the case of own foreign currency of the customer) | 2.5% + SWIFT Charges USD 50 + Correspondent bank charges |
| 34. | Letter of credit issuance charges (In case of allocation and not own foreign currency of the customer) | 3.5% + SWIFT charges USD 50 + correspondent bank charges |
| 35. | Letter of credit settlement charges | 2.00% + SWIFT charges USD 50+ 0.50% (Minimum USD 15 and maximum USD 60) correspondent bank charges for SHA instruction. In the case of OUR payment instruction 1.50% + SWIFT charges USD 50+ Intermediary bank charges. |
| 36. | Letter of credit amendment charges | SSP 900/USD 50/EUR 37.50 |
| 37. | Letter of credit advising charges | 0.75% of the amount |
| 38. | Letter of credit confirmation charges | 1.25% of the amount + charges of correspondent bank. |
| 39. | BG issuance charges | 3.5% of the amount |
| 40. | Modification/amendment of BG | SSP 900/USD 50/EUR 37.50 |
| 41. | Audit report confirmation (Local) | SSP 360/USD 20/EUR 15 |
| 42. | Audit report confirmation (International) | SSP 360/USD 20/EUR 15 + courier charges |
| 43. | Letter/cheque to BSS for transferring funds as per the request of the customers | SSP 900/USD 50/EUR 37.50 |
| 44. | Cheque book (25 pages) | SSP 324/USD 18/EUR14.25 |
| 45. | Cheque book (50 pages) | SSP 648/USD 36/EUR 28 |
| 46. | Cheque book (100 pages) | SSP 1296/USD 72/EUR 56.25 |
| 47. | Loose leaf per cheque | SSP 18/USD1/EUR 1 |
| 48. | Bankers cheque | SSP 612/USD 34/EUR 25.50 |
| 49. | Request for source documents within one year- Per document | SSP 36/USD 2/EUR 1.50 |
| 50. | Request for source documents more than one year old-Per Document | SP 90/USD 5/EUR 3.75 |
| 51. | Internal transfer within Charter One Bank | SSP 18/USD 1/EUR 1 |
| 52. | Letter of confirmation of account/status of account etc. | SSP 360/USD 20/EUR 15 |
| 53. | Payroll services per transaction | SSP 18/USD 1/EUR 1 |
| 54. | Outgoing SWIFT transfer (Import) On allocation | 3% + SWIFT charges USD 50+ 0.25% (Minimum USD 15 and maximum USD 60) correspondent bank charges. In the case of OUR payment instruction 1.50% + SWIFT charges USD 50+ Intermediary bank charges. |
| 55. | Outgoing SWIFT transfer (Fund transfer) | 1.50% + SWIFT charges USD 50+ 0.25% (Minimum USD 15 and maximum USD 60) correspondent bank charges for SHA instruction. In the case of OUR payment instruction 1.50% + SWIFT charges USD 50+ Intermediary bank charges. |
| 56. | Outgoing SWIFT transfers in local currency to 3rd parties (3rd party bank charges may apply) | 1.25% of the amount up to SSP 1mn 1.75% of the amount above SSP 1mn with a maximum of SSP 25,000 USD Transfers up to USD 5,000 minimum charge USD 25 USD Transfers from USD 5,001 and above minimum charge USD 75 |
| 57. | Incoming SWIFT transfers | 0.75% of the amount (Minimum USD 35 and maximum USD 5000 or equivalent in other currencies). |
| 58. | Incoming SWIFT transfers made in local currency | SSP 65 |
| 59. | ATM card issuance fee | SSP 65 |
| 60. | Replacement/lost ATM card fee | SSP 65 |
| 61. | ATM withdrawal fee | SSP 5 |
| 62. | ATM balance enquiry | Free |
| 63. | Maximum amount per day from ATM | SSP 3,000 |
| 64. | Maximum number of transaction in ATM per day | No limit |
| 65. | Maximum amount per transaction in ATM | SSP 1,000 |
| 66. | Minimum amount that can be withdrawn from ATM | SSP 10 |
| 67. | Processing fee for loans/overdrafts | 1,5% of the loan amount with a maximum of USD 5,000 or SSP 90,000 |
| 68. | Renewal charges for Overdraft | 0.75% of the loan amount with a maximum of USD 2,500 or SSP 45,000 |
| 69. | Monthly administration fee for loan accounts | SSP 15 per month |
| 70. | Processing fee for temporary overdraft in current account for a maximum period of 30 days | 2.5% of the loan amount with a maximum of USD 5,000 or SSP 45,000.Plus interest 18%. |