product term
A savings product for persons who earn income or are interested in saving in foreign currencies. Cash handling fees on amounts exceeding USD / EUR / GBP 10,000 is charged. Suitable for clients with a regular income in foreign currency.
Target market - Individuals in earning/saving in foreign currency and expatriates
Benefits
- Attractive rates on currency conversions
- Nil withdrawal fees for amounts not exceeding USD / EUR / GBP 10,000 (per day)
- Discounted fee of USD 10 on non-commercial TT remittance (one per month)
- Free monthly e-statements
- Free internal transfers
- Access to mobile banking (m24/7)
- Access to internet Banking (i24/7)
Features
- Currency - United States Dollars, Euro & Great Britain Pound (USD / EUR / GBP)
- Opening amount - USD / EUR / GBP 25
- Minimum balance - USD / EUR / GBP 25
- Monthly ledger fees - USD / EUR / GBP 1
- Channels / accounts & information access - Mobile banking (m24/7) / Internet banking (i24/7)
Charges
- Foreign currency deposit fee USD/GBP/EUR above 10,000 to be charged at 0.5%
- Withdrawals -:
- Withdrawals up to USD / EUR / GBP 10,000 - free
- Withdrawals from USD / EUR / GBP 10,001 - 0.5%
- Cash handling denominations less than USD / EUR / GBP 50 - 5%
- Mobile Banking (i24/7) fees -:
- Mobile banking registrations - free
- Monthly subscription charges - free
- Credit alerts - free
- Daily / Weekly / Monthly balance alerts - USD 0.10
- Internet Banking (i24/7) fees -:
- Internet banking registrations - free
- Monthly subscription charges - free
- Token fee (Soft Token) - free
- PIN re-generation - free
- *All fees are subject to an 18% value added tax
- *Exchange rates are subject to change depending on market availability
- USD cheques -:
- 25 leaf book - USD 7.5
- 50 leaf book - USD 15
- 100 leaf book -USD 30
- *All fees are subject to an 18% value added tax
- *Exchange rates are subject to change depending on market
product_id
4
