Retail Banking. General Tariff of Charges

Transcription

1 Retail General Tariff of Charges

2 Retail General Tariff of Charges BANKING SERVICE CHARGES Account Charges Savings Accounts Monthly minimum balance (monthly average) or equivalent amount in foreign currency Monthly Charge if below minimum Balance Current Accounts Monthly minimum balance (monthly average) or equivalent amount in foreign currency Monthly Charge if below minimum Balance Overdrawn Current Account (Monthly) Issuing Cheque Books: Small (25 leaves) Free Fixed Deposits Minimum Deposit Amount 1, or equivalent amount in foreign currency Breaking prior to maturity (irrespective of tenure) Call Deposits Monthly Charge if below minimum Balance Minimum Balance of BHD 10,000 Advance Monthly Service Charge N/a Free for customers meeting the deposit criteria OTHER CHARGES Internal Transfer between HSBC Accounts Charges applicable for over the counter transfers / provided free via ATM, Internet & Phone External Transfer Refer to Wire Transfer charges Standing Order - Setup Standing Order - Amendments Penalty for insufficient funds Copy of Account Statement - past one year Copy of Account Statement - over 1 year old BD10/- per year per account Copy of Transaction Documents Account Balance Certificate Stop Payment Discharge Certificate (Non-liability Certificate ) Verification of documents May be done only for HSBC Group Banks Full Credit Bureau Report Request

3 Retail General Tariff of Charges CHEQUE COLLECTION Incoming Cheques Outgoing Cheques Cheque Returned by the Bank Cheques drawn on other banks returned unpaid Cheque Returned to the Bank Cheques drawn on HSBC returned unpaid for the reason: refer to drawer/not arranged for/ represent// insufficient fund Foreign Currency Cheques sent for collection per cheque Cheques purchased BD 10/- for postage, commission - 0.2% of the cheque amount, minimum BHD5/- max 200/- Returned Cheque drawn on account, due to Technical Reasons FCY Inward Remittances 0.2% Minimum BHD 5/- Max BHD 200/- CASH WITHDRAWAL CHARGES Over the Counter withdrawal below BD 1500/- N/a Over the Counter withdrawal below BD 1000/ N/a per withdrawal Counting coins BHD 5/- regardless of the amount being counted Cash withdrawal from foreign currency accounts 4.00% except for USD - 1% Cash deposit into foreign currency accounts 4.00% except for USD - 1% REMITTANCE FEES Cancellation of Demand Draft DDs will not be issued against cash or cheques over the counter Collection of International Managers Cheque BD5/- if drawn on HSBC Group Issue of Cashier's Order Cancellation of Cashiers Order Fixed TT Charges when Overseas charges are to be debited to the account of the remitter - charges will be debited to the account the following day Payment Investigation Charges - applicable for TTs rejected for errors Charge is applicable for each instance that the transfer is resubmitted WIRE TRANSFER (SWIFT) Within Kingdom of Bahrain Outside Bahrain - HSBC Group Banks BD 5/- if done over the internet Outside Bahrain - non-hsbc Group Banks BD 6/- if done over the internet Global Transfers (Me2Me) n/a $7.000 Applicable for transfers made over the internet 2

4 Retail General Tariff of Charges DEBIT CARDS (Local & International) Initial Replacement Cash Withdrawal & Balance Inquiry HSBC ATMs in Bahrain Other Bank's ATMs in Bahrain HSBC ATMs outside Bahrain Applicable exchange rate Non-HSBC ATMs outside Bahrain Applicable exchange rate Reissue ATM PIN Code Balance Inquiry Same charges apply as with cash withdrawal Foreign currency transactions on Debit Cards that are not in your billing currency will be converted at a wholesale market rate, attracting a processing fee of up to 2.5% 2.5% CREDIT CARDS Finance Charge - Classic Cards 2.50% Finance Charge - Visa Platinum Cards 2.50% Finance Charge - Gold Cards 2.50% Finance Charge - Advance Cards 2.25% Finance Charge - Premier Cards 2.00% Annual Membership - Classic Cards Annual Membership - Visa Platinum Cards Annual Membership - Gold Cards Free* * If Advance against deposits - 1 st year free Annual Membership - Premier Cards Free The existing Finance Charge and Annual Fees will remain the same for all bank performed upgrades from Classic to either Gold or Advance Credit Cards. Card Replacement PIN Reissue Card Cancellation Fees* * Charged per credit card account Credit Card Cash Withdrawal Fee Inside Bahrain 5.00% Minimum BD Outside Bahrain 5.00% Minimum BD * Standard Finance Charges apply on all Cash withdrawls Foreign Currency Transactions (transactions not in your billing currency): A processing fee will be charged for foreign currency transactions (as a percentage of the transaction amount), after the transaction has been converted into the Billing Currency in accordance with, and at a rate of exchange, set out in the terms and conditions. 3% on foreign currency transactions 3

5 Retail General Tariff of Charges % of the outstanding amount LOANS Annual Percentage Rate (APR) for Loans 6.51%* 6.46%* 7 year P.Loan for BD10,000/- (conditions apply) Administration fees for Loans BD150 (fixed) BD150 (fixed) Interest Rate for Auto Loans [NEW vehicle] 5.65% 5 year Auto Loan (Conditions apply) Interest Rate for Auto Loans [USED vehicle] 8.50% 5 year Auto Loan (Conditions apply) Administration fees for Auto Loans Administration for Mortgage loans Partial Settlement BD120/- for New vehicle, BD130/- for used vehicle 1% of the loan amount or BD200/- whichever is higher 1% of outstanding OR BD100/- whichever is lower OVERDRAFTS Interest Rates Ranges from 7.35% to 13.75% based on financial assessment Administrative Fees Ranges from 0.75% to 2.00% Early Settlement Fees /Auto Loans Mortgage Loans 1% of outstanding OR BD100/- whichever is lower 0.75% of outstanding OR BD200/- whichever is lower Postponement of Installment BD25/- per installment Loan Past Due (Monthly) 2% Penalty Interest on the overdue amount PAYMENT INVESTIGATION CHARGES Amendment - Requested by customer Beneficiary claim no receipt - Customer error Recall Funds - Less than six months Additional USD 40/- will be charged for other Bank charges. Recall Funds - More than six months Additional USD 80/- will be charged for other Bank charges. * for Advance customers, if no specific charge is mentioned, Charges to apply * Unless stated, all charges in are BHD * Effective Date Designed and produced by HSBC Global Publishing Services _2873