Particulars
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Revised Charges
|
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Account Maintenance
|
|
Minimum Monthly Average Account Maintenance Balance
|
Nil
|
Monthly Account Maintenance Fee
|
Nil
|
Credit Interest payable on such accounts
|
Nil
|
Non-Maintenance Charge
|
|
In case the stipulated minimum monthly balance is not maintained
|
Nil
|
Third Party Payments
|
|
Payment to customer’s account with us
|
Nil
|
Payments to banks favouring third parties by Electronic Clearing / SWIFT
|
Nil
|
Reporting
|
|
Email Statement
(For more than 5 statements in a month / per statement cost)
|
Nil
|
Physical Statement
|
Nil
|
Investigations
|
|
SWIFT-based Inquiries: Up to 3 months old (per investigation)
|
Nil
|
For cases more than 3 months old (per investigation)
|
USD 50
|
Amendments
|
|
SWIFT-based amendments to payment instructions (per instruction)
- Subject to any amendment possible at the time
|
USD 50
|
Cancellations
|
|
SWIFT-based cancellations to payment instructions (per instruction)
- Subject to cancellation being possible at the time
|
USD 50
|
Incorrect remittances
|
|
Remittances received in incorrect NOSTRO
|
USD: $10
EUR: €20
GBP: £17.5
JPY: ¥1,750
|
Other Transactional / Related Services
|
Charges as per separate agreement
|
Notes:
1. Above charges are subject to revisions. Changes, if any, will be communicated from time to time.
2. Service charges, as applicable, will be levied on the standard charges and recovered from the account holder.
3. Currently facilities are only offered in USD. Once other currencies are offered, charges in those currencies will be equivalent to the USD amounts mentioned above.
4. Above table excludes fees for wealth-related products (if any).
5. Above charges are applicable from 1st June, 2022.
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