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 sole proprietors, partnerships and corporate entities.

  • 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 & internet banking
  • Attractive rates on currency conversions
  • Currency - United States Dollars, Euro & Great Britain Pound (USD / EUR / GBP)
  • Opening amount - USD / EUR / GBP 100
  • Minimum balance - USD / EUR / GBP 25
  • Monthly ledger fees - USD / EUR / GBP 1
  • Channels / accounts & information access - mobile banking,internet / online banking
  • Withdrawals up to USD / EUR / GBP 10,000 - nil
  • Withdrawals from USD / EUR / GBP 10,001 - nil
  • Cash handling denominations less than USD / EUR / GBP 50 - 5%
  • Interest rates - USD / EUR / GBP 0.5%
  • USD cheque book fees -:
    • 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 availability
product_id
4