1. Branch Channels
1.1 Cash Advances
|
Kompa Leon at teller |
AWG 10.00 |
|
USD card at teller |
USD 15.00 (no matter the amount) |
1.2 Bank Drafts
|
USD check (any amount): Personal USD Bank Draft Sold Commercial USD Bank Draft Sold |
USD 30.00 USD 100.00 |
|
Postage |
AWG 10.00 |
|
Stop payment charges |
AWG 70.00 |
1.3 Foreign Currency Bought & Sold
|
Change foreign currency and over the counter exchange fee |
AWG 5.00 |
1.4 Safe Deposit Boxes
|
Small |
AWG 187.50 per year |
|
Medium |
AWG 234.38 per year |
|
Large |
AWG 312.50 per year |
1.5 Night Depository
|
Disposable Bags |
Individual bag is AWG 0.65 minimum sale 100 disposable bags AWG 65.00 1 box AWG 307.50 |
|
Night depository key new customer |
Free |
|
Lost or additional extra key |
AWG 10.00 |
1.6 Local Transactions at Tellers (Including MCB Group)
|
Account transfers from a personal current account to a personal savings account only |
AWG 10.00 |
|
Current Account Withdrawal |
AWG 10.00 |
|
Savings withdrawal |
AWG 10.00 |
|
Savings deposit |
Free |
1.7 Deposit Charges Personal
|
Cash (foreign) on foreign currency account |
1% |
|
Cash (foreign) on AWG account |
AWG 5.00 |
|
Cash (local) on AWG account |
Free |
|
Cash (foreign) at ATM |
Free |
|
Cash (local) at ATM |
Free |
1.8 Deposit Charges Business
|
Cash (foreign) on foreign currency account (ATM Included) |
1% |
|
Cash (foreign) on AWG account (ATM included) |
1% |
|
Cash (local) on AWG account via branches and ATM’s |
½% |
|
Cash (local) on AWG account via night depository |
¼% |
1.9 Foreign checks/Travelers checks
|
On Foreign currency account |
¼% of deposit amount + min AWG 5.00/USD 2.81 max AWG 89.50/USD 50.00 |
|
On AWG account |
AWG 5.00 (no matter amount) |
1.10 Other Fees
|
ATM Replacement Card |
AWG 25.00 |
|
Closing of account (Current or Savings) |
AWG 10.00 |
|
Coins not rolled |
AWG 25.00 |
|
|
|
|
Non CMB Amex payment |
AWG 15.00 |
|
PIN Replacement |
AWG 10.00 |
|
|
|
|
Reference Letter |
AWG 25.00 |
|
Replacement of Lost Passbook |
AWG 100.00 Waived if converted to e-Savings (As per August 5, 2015) |
2. Shared Services & Operations
2.1 Automated Services & Business Support
Personal Online Banking:
- There is no registration or monthly fee.
- Account transfers, vendor payments and local third party transfers are free of charge.
- Standard bank charges apply for checkbook orders and wire transfers.
CMBDirect Business:
- There is no registration or monthly fee.
- Account transfers are free of charge.
- AWG 1.00 for each vendor payment or local third party transfer.
- Standard bank charges apply for checkbook orders and wire transfers.
CMBDirect Corporate:
- There is no registration fee.
- Monthly Fee: AWG 75.00
- First user Free & for each additional user an AWG 10.00 monthly fee.
- AWG 1.00 for each transfer or payment.
- Standard bank charges apply for checkbook orders and wire transfers.
2.2 Payment & Transfer Services (PTS)
|
Outgoing transfers & standing orders |
|
|
Own account |
Free |
|
To other CMB customers |
AWG 3.00 |
|
To other local banks |
AWG 5.00 |
|
NSF fee for one time transfers & standing orders |
AWG 25.00 |
|
|
|
|
Inter-Island transfers |
|
|
MCB Group |
AWG 5.00 |
|
Non-MCB Banks (RBC, Giro, Banco di Caribe etc.) |
AWG 10.00 |
|
Exchange Tax (applicable for all interisland transactions) |
1.3% |
|
ERMC is applicable for all Inter Island Transactions |
0.25% ERMC Tax |
|
Utility Payments |
|
|
Elmar |
AWG 3.00 |
|
WEB |
AWG 3.00 |
|
Setar |
AWG 3.00 |
|
Arugas Payments |
AWG 1.50 |
|
Payroll Fee & Company Payments |
|
|
To CMB Accounts |
AWG 3.00 |
|
To other Local Banks |
AWG 5.00 |
|
International transfers (SWIFT) |
|
|
Incoming: Res AWG |
AWG 10.00 (fixed) |
|
Res/Non-Res foreign currency account (⅛ %) |
Minimum: AWG 10.00 or USD 5.59 |
|
Maximum: AWG 100.00 or USD55.87 |
|
|
Outgoing: Commission charges ⅛ % |
Minimum: AWG 15.00 Maximum: AWG 500.00 |
|
Online Banking: Commission charges 1/10 % |
Minimum: AWG 10.00 Maximum: AWG 500.00 |
|
MT940 Statement delivery |
AWG 75.00 per month |
2.3 Beneficiary Deduction (bene deduct) charges
Note: the Bank’s Correspondent Banks process these fees.
|
Outgoing Payments |
||
|
Amount of Payments in USD or Euro |
Beneficiary Charge in USD |
Beneficiary Charge in Euro |
|
1.00 – 250.00 |
0 |
0 |
|
250.01 – 500.00 |
10.00 |
10.00 |
|
500.01 – 1,000.00 |
15.00 |
15.00 |
|
1,000.01 – 5,000.00 |
30.00 |
30.00 |
|
5,000.01 – 10,000.00 |
60.00 |
60.00 |
|
10,000.01 – 50,000.00 |
75.00 |
75.00 |
|
50,000.01 + |
100.00 |
100.00 |
|
Incoming Payments |
||
|
Amount of Payments in USD or Euro |
Beneficiary Charge in USD |
Beneficiary Charge in Euro |
|
1.00 – 250.00 |
0 |
0 |
|
250.01 – 500.00 |
5.00 |
5.00 |
|
500.01 – 1,000.00 |
10.00 |
10.00 |
|
1,000.01 – 5,000.00 |
20.00 |
20.00 |
|
5,000.01 – 10,000.00 |
30.00 |
30.00 |
|
10,000.01 – 50,000.00 |
45.00 |
40.00 |
|
50,000.01 + |
60.00 |
50.00 |
|
Incoming Collections |
|
|
Commission |
1% of draft value with a minimum charge of AWG 50.00 max. AWG 500.00 |
|
Exchange tax |
1.3% of amount |
|
Swift charges |
⅛ % with a minimum of AWG 15.00 max. AWG 500.00 |
|
Return Check handling charges |
AWG.50.00 |
|
Postage |
AWG.10.00 |
|
Outgoing Collections (Checks sent on collection basis) |
|
|
Commission |
Flat Fee of AWG 50.00 |
|
Return check handling charges: |
|
|
Swift charges (NSF) |
AWG 25.00 |
|
Correspondent charges |
AWG 53.70 |
|
Documentary Collections (Incoming and Outgoing) |
|
|
Commission |
1% of draft value with a minimum charge of AWG 50.00 |
|
Exchange tax |
1.3% of amount |
2.4 Central Account Processing (CAP)
Resident Current Account Monthly Administration Fees
|
Resident Current Account Monthly Administration Fees |
|
|
Monthly Statement |
AWG 17.50 /USD 10.00 |
|
Weekly Statement |
AWG 32.50 /USD 20.00 |
|
Daily Statement |
AWG 62.50 /USD 35.00 |
|
ATM Only accounts |
AWG 9.50 |
|
Add-on monthly paper statement mailing fee |
AWG 5.00 |
|
High Risk classified account with monthly statement |
AWG 47.50 /USD 27.00 |
|
Non-Resident Current Account Monthly Administration Fee |
|
|
AWG/ANG Non Resident account |
AWG 47.50 |
|
USD Non-Resident account |
USD 27.00 |
|
EUR Non-Resident account |
EUR 27.00 |
|
CAD Non-Resident account |
CAD 27.00 |
|
Interest |
|
|
Business interest of 18% on debit balance |
Minimum charge AWG 12.50 |
|
Individual interest of 18% on debit balance |
Minimum charge AWG 7.50 |
|
Stop Payments |
|
|
Residents |
AWG 25.00 |
|
Non-Residents |
AWG 25.00 |
|
Yearly Notice Fees on Dormant Current & Savings Accounts |
||
|
≤ 2 years |
Regardless of balance |
No charges |
|
> 2 years |
Balance of AWG 1000.00 and lower |
AWG 100.00 Note: if account balance is below AWG 100.00 write-off |
|
> 5 years |
Balance of AWG 1000.00 and lower |
Write-off |
|
> 5 years |
Balance of AWG 1000.00 and over |
AWG 100.00 |
|
≥ 10 years |
Balance of AWG 1000.00 and over |
Write-off outstanding balance |
|
Overdraft Protection Facility |
|
|
One time administration fee |
AWG 15.00 |
|
Monthly fee |
AWG 5.00 |
|
Monthly Interest charge |
1.5 % - Minimum AWG 7.50 |
|
Yearly Interest Charge |
18 % |
|
Early Cancellation Fee |
AWG 30.00 |
|
Other Fees |
|
|
NSF Debit Honoured Fee per item |
AWG10.00/USD10.00 |
|
Review & Documentation |
|
|
Yearly High Risk account review fee |
AWG 250.00 |
|
Reconciliation & Inquiries |
|
|
Inquiry International Transfers |
USD25.00/EUR25.00 |
|
Recall of Funds on International Transfers |
USD25.00/EUR25.00 |
|
Recall of Funds on Local Transfers |
AWG 50.00 |
|
Return Funds by Local Banks |
AWG 25.00 |
|
Incoming Return Funds International |
USD10.00/EUR10.00 |
|
Outgoing Return Funds International |
USD25.00/EUR25.00 |
|
Security Investigations Fee only if customer is at fault |
AWG 75.00 |
|
Swift Confirmation Fee |
AWG 10.00 |
|
Investigation fees claims up to a year |
AWG 50.00 |
|
Investigation fees claims between 1 to 5 years old |
AWG 75.00 |
|
Investigation fees claims between 6 to 10 years old |
AWG 100.00 |
|
Account statement copy ≤1 year |
AWG 5.00 |
|
Account statement copy >1 year to ≤ 5 years |
AWG 10.00 |
|
Account statement copy > 5 years to ≤ 10 years |
AWG 15.00 |
|
Transaction Voucher copy ≤1 year |
AWG 10.00 |
|
Transaction Voucher copy >1 year to ≤ 5 years |
AWG 15.00 |
|
Transaction Voucher copy > 5 years to ≤ 10 years |
AWG 25.00 |
|
Recall of Funds |
AWG 50.00 |
3. Insurance
|
Premium letter |
AWG 25.00 |
|
Early policy cancelation |
AWG 25.00 |
Refer to the Insurance department for additional fees and charges.
4. Bankcard Services
4.1 VISA products
Visa Classic
|
Annual membership fee |
USD 45.00 |
|
Additional card |
USD 10.00 |
|
Limits |
300 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD26.00 |
|
Travel insurance |
N |
|
Car/Auto insurance |
N |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
Visa AA
|
Annual membership fee |
USD125.00 |
|
Additional card |
USD 10.00 |
|
Limits |
1,000.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
Visa Platinum
|
Annual membership fee |
USD 135.00 |
|
Additional card |
USD 45.00 |
|
Limits |
5,000.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 25.00 |
|
Late fee |
USD 25.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD 36.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
Visa Gold
|
Annual membership fee |
USD 100.00 |
|
Additional card |
USD 15.00 |
|
Limits |
4,000.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD 26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
Visa Corporate
|
Annual membership fee |
USD 100.00 |
|
Additional card |
USD 25.00 |
|
Limits |
500.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
N |
|
Replacement fee |
USD 14.00 |
4.2 MasterCard products
MasterCard Classic
|
Annual membership fee |
USD 45.00 |
|
Additional card |
USD 10.00 |
|
Limits |
300 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD 26.00 |
|
Travel insurance |
N |
|
Car/Auto insurance |
N |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
MasterCard Gold
|
Annual membership fee |
USD 100.00 |
|
Additional card |
USD 15.00 |
|
Limits |
5100 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
MasterCard Corporate
|
Annual membership fee |
USD100.00 |
|
Additional card |
USD 25.00 |
|
Limits |
500 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 15.00 |
|
Late fee |
USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
MasterCard Black Personal
|
Annual membership fee |
USD 200.00 |
|
Additional card |
USD 75.00 |
|
Limits |
USD 10,000.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 25.00 |
|
Late fee |
USD 25.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD 36.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
MasterCard Black Business
|
Annual membership fee |
USD 200.00 |
|
Additional card |
USD 75.00 |
|
Limits |
USD 10,000.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
USD 25.00 |
|
Late fee |
USD 25.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
USD 36.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
4.3 Kompa Leon AA
|
Annual membership fee |
AWG 125.00 |
|
Additional card |
AWG 15.00 |
|
Limits |
300 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
AWG 15.00 |
|
Late fee |
AWG 20.00 |
|
Cash advance fee |
3% min. AWG 10.00 |
|
Fraud fee (Optional) |
N/A |
|
Travel insurance |
N |
|
Car/Auto insurance |
N |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
AWG 25.00 |
4.4 American Express – Pagomatico
|
Annual membership fee |
USD 35.00 |
|
Additional card |
USD 10.00 |
|
Limits |
500 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
AWG/USD 15.00 |
|
Late fee |
AWG/USD 20.00 |
|
Cash advance fee |
3% min. AWG/USD 10.00 |
|
Fraud fee (Optional) |
AWG/USD 26.00 |
|
Travel insurance |
N |
|
Car/Auto insurance |
N |
|
Balance insurance protection (optional) |
Y -> 0.5% of outstanding balance |
|
Replacement fee |
USD 14.00 |
4.5 American Express products
American Express - Green
|
Annual membership fee |
USD 35.00 |
|
Additional card |
USD 10.00 |
|
Limits |
500 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
AWG/USD 15.00 |
|
Late fee |
AWG/USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
AWG/USD 26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
N |
|
Balance insurance protection (optional) |
Y |
|
Replacement fee |
USD 14.00 |
American Express - Gold
|
Annual membership fee |
USD 95.00 |
|
Additional card |
USD 10.00 |
|
Limits |
5,100.00 and above |
|
Monthly interest |
1.5% |
|
Year interest |
18% |
|
Over limit fee |
AWG/USD 15.00 |
|
Late fee |
AWG/USD 20.00 |
|
Cash advance fee |
3% min. USD 10.00 |
|
Fraud fee (Optional) |
AWG/USD 26.00 |
|
Travel insurance |
Y |
|
Car/Auto insurance |
Y |
|
Balance insurance protection (optional) |
Y |
|
Replacement fee |
USD 14.00 |
4.5 MoneyCard products
Personalized Visa Money Card
|
Purchase fee |
USD 30.00 |
|
Reload fee |
USD 5.00 |
|
Limits |
Can be loaded only up to $1,000.00 |
|
Minimum Load |
USD 25.00 |
|
Cash advance fee |
USD 5.00 |
|
Replacement fee |
USD 14.00 |
|
Inactivity fee |
USD 2.50 (Is applied on monthly basis after the card has expired) |
Personalized Kompa Leon Money Card
|
Purchase fee |
AWG 30.00 |
|
Reload fee |
AWG 5.00 |
|
Limits |
Can be loaded only up to AWG 1,000.00 |
|
Minimum load |
AWG 25.00 |
|
Cash advance fee |
AWG 3.00 |
|
Replacement fee |
AWG 25.00 |
|
Inactivity fee |
AWG 2.50 (Is applied on monthly basis after the card has expired) |
4.6 Merchant
|
Monthly Terminal Rental Fee: |
|
|
Regular POS Machine |
USD 20.00/AWG 35.00 |
|
POS terminal rental Internet |
AWG 50.00 |
|
Wireless POS Machine |
USD 57.00/AWG 100.00 |
|
Bank commission on credit card sales for Visa, MC and Discover |
Initial fee 3.80% |
|
Bank commission on credit card sales for Kompa Leon |
Initial fee 3.55% |
|
Bank commission on debit card sales |
1.50% |
4.7 Ecommerce
|
Monthly Fee |
USD 30.00 |
|
Bank commission on credit card sales |
Initial fee 3.80% |
|
Transaction fee |
USD 0.50 per transaction |
|
Chargeback fee (<5% of transaction volume) |
USD 7.50 |
|
Chargeback fee (>5% of transaction volume) |
USD 10.00 |
4.8 Bancomatico
|
Membership fee |
Free |
|
Replacement fee |
AWG 25.00 |
|
Forgotten / lost PIN fee |
AWG 10.00 |
|
Fun Miles fee |
AWG 15.00 |
|
Withdrawal fee at MCB Group ATMs |
Free |
|
Cirrus withdrawal fee |
AWG 4.45 |
|
CashNet member withdrawal fee |
AWG 2.00 |
|
International card holders withdrawal fee |
USD 10.00 |
4.9 BCS Interest Letter
|
Hard copy Interest Letter |
AWG 25.00 |
|
Soft copy via eAmigo (email) |
AWG 5.00 |
4.10 BCS Claims
|
BCS Claim fee only if customer is at fault or invalid charge back |
AWG 5.00 |
5. Retail Lending Services
5.1 Consumer Loans |
|
|
Car Loans Handling/Stamp fee |
AWG 15.00 per month |
|
Personal Loans Handling/Stamp fee |
Max AWG 725.00 |
|
Risk insurance |
PL Max AWG 900.00 CL Max AWG 600.00 |
|
Change of Collateral (PL/CL) |
AWG 25.00 |
|
Change of Insurance Coverage/Release (PL/CL) |
AWG 25.00 |
|
Early total repayment written notice < 6 months. Applicable only to product types 168 171, 368, 370. |
Equal to 3 months of interest, minimum AWG 500.00 |
|
Early total repayment written notice > 6 months Applicable only to product types 168 171, 368, 370. |
AWG 500.00 |
|
|
|
5.2 Mortgage |
|
|
Closing fee |
1.5% of the mortgage amount |
|
Mortgage deed change (request by Customer) |
AWG 150.00 |
|
Cash withdrawal Life Insurance Policies |
AWG 50.00 |
|
Amortization fee (bulk payment) |
AWG 250.00 |
|
One-Time Request Non-Life Insurance company |
Equal to 1% of mortgage amount, minimum AWG 1,500.- |
|
Fondo National di Garantia |
+/- 2.5% of the mortgage amount |
|
|
|
5.3 Letters |
|
|
Reference/Confirmation letter |
AWG 100.00 |
|
Auction Guarantee Letter |
AWG 300.00 (will be deducted of the closing fee, if mortgage |
|
Late payment fee mortgage & consumer loans |
Minimum AWG 100.00 (mortgage) and AWG 25.00 (CL and PL) or 7.5% of outstanding balance |
|
Administration fee for mortgage interest reduction requests |
AWG 250.00 |
|
Services charges mortgage & consumer loans* |
AWG 35.00 |
|
Copy charge |
AWG 3.00 (per sheet) |
|
Interest letter |
AWG 25.00 |
|
Grace Period request (Max. 6 months) |
AWG 100.00 (per month) |
|
One-Time Penalty (if project has not been completed within 10 months) |
Equal to 1% of mortgage amount, minimum AWG 1,500.00 |
|
Late Penalty Fee (monthly), until Project is completed |
AWG 500.00 |
|
Early repayment penalty if no written notice received |
Equal to 90 days interest |
PL=Personal Loan
CL=Consumer Loan / *Withdrawal insurance savings, letters/declarations, pay off balances
6. Centralized Retail Collections Unit
|
Repossession charges |
AWG 235.00 upon repossession and AWG 130.00 called off |
|
Repossession storage fee |
Daily AWG 5.25 |
|
Internal Loan Restructuring fee (Loan Balance: ≤ AWG 10,000.-) |
AWG 350.00 |
|
Internal Loan Restructuring fee (Loan Balance: > AWG 10,000.-) |
AWG 750.00 |
|
Consolidation fee |
AWG 250,- for loans lower than 10,000.-; AWG 750,- for loans higher than 10,000.- (incl. mortgages) |
|
Extension fee |
1% of the total outstanding amount |
|
Refinance fee |
AWG 500.00 |
7. Corporate Credit
7.1 Temporary Overrun Fee - Corporate & Small Business
|
Amount: |
|
|
0 – 25/M – AWG 150.00 |
AWG 150.00 |
|
25/M – 100/M – AWG 250.00 |
AWG 250.00 |
|
100/M & Over – 1/4% |
¼ % |
Note: There are many factors, which may influence Commercial loan rates and fees including purpose, security, financial capacity, and risk profile. Although fees described are general standards, exceptions will occur on Management considerations.
Unauthorized Overdraft: May vary
7.2 Loan Closing Fee
|
Small Business |
|
|
Non-Revolving loan closing fee |
1% of credit facilities with a minimum of AWG 250.00 |
|
|
|
|
Revolving Loan facility closing fee |
AWG 250.00 (Flat Fee) |
|
|
AWG 250.00 (Annual Renewal Fee) |
|
Corporate |
|
|
0 – 250M |
AWG 250.00 |
|
250 – 500M |
1% |
|
500M & Over |
½ % (Negotiable but not less than ¼ %) |
|
Guarantee Opening Fee |
|
|
0 – 1,000,000.00 |
1% on the amount of the contingent liability. A minimum fee of AWG 250.00 is to apply |
|
1,000,000.00 & Over |
Negotiable downwards from 1% to a minimum ½ %, depending upon security, term and value of the connection A target of ¾ % is desirable |
Note: Minimum -Discretionary based on amount
|
Guarantee Commission (Quarterly) |
|
|
AWG |
⅜ % (quarterly) |
|
Other Currencies |
½ % (quarterly) |
Late Fee on Non-Revolving Loans
5% per past due installment
7.3 Other fees
- Performance bonds (bereidheidsverklaring) AWG 250.00
- Audit confirmation AWG 50.00
7.4 Letter of Credits
Import
Opened by Banks in Aruba for either local or foreign beneficiary by order of client.
|
Opening Commission: Validity up to 90 days |
¼ % min. AWG 100.00 as above, plus ⅛ % for each 30 days over 90 |
|
Amendment commission |
AWG 100.00 |
|
Extension commission |
⅛ % for 30 days, min. AWG 100.00 |
|
Increase commission |
¼ % on increased amount, minimum AWG 100.00 |
|
Payment commission |
1% min. AWG 100.00 |
|
Interest |
From payment date up to settlement date with client plus 15 days |
|
Cancellation commission |
⅛ % min. AWG 100.00 |
|
Swift charges |
AWG 30.00/USD 16.85 |
|
Acceptance commission |
¼ %, min. AWG 50.00 |
|
Delivery Order |
AWG 30.00 |
|
Correspondent charges |
Charge client |
Export
|
Documentary |
|
|
a) Payment commission |
½ %, min. AWG 100.00 per payment |
|
b) Confirmation commission |
¼ %, min. AWG 100.00 |
|
c) Advising commission |
¼ %, min. AWG 100.00 |
|
d) Amendment commission |
¼ %, min. AWG 100.00 |
|
e) Swift charges |
⅛ % min. AWG 15.00 Max. AWG 500.00 |
|
Non-Documentary |
|
|
a) Payment commission |
½ %, min. AWG 100.00 per payment |
|
b) Confirmation commission |
¼ %, min. AWG 100.00 |
|
c) Advising commission |
¼ %, min. AWG 100.00 |
|
d) Amendment commission |
¼ %, min. AWG 100.00 |
For non-residents above charges to be applied in US Dollars
|
Standby Letters of Credit |
|
|
Issued to persons or institutions established on Aruba |
⅜ % per quarter or portion thereof, minimum AWG. 50.00 per quarter |
|
Issued to persons or institutions established abroad |
½ % per quarter or portion thereof, minimum AWG. 50.00 per quarter |
|
Correspondent bank charges |
Charge client |
8. Senior Citizen Fees (60+)
All senior citizen (60+) customers are subject:
- 50% commission charge;
- Free monthly administration charge.