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  Fees & Charges  
  International - Segment B  
  Domestic  
 
Fees & Charges
Domestic
BANK ONE LIMITED
Statement of Principal Interest Rates and Service Charges as at 1st October 2009
For domestic operations
          Individuals     Corporates
   A       INTEREST RATES    
1   Deposits    
  Savings 4.75%.p.a N/A
  Call 4.50%p.a 4.50%p.a
  Term (MUR) Depending on amount & tenor Depending on amount & tenor
         
  Term (FCY) Depending on amount & tenor Depending on amount & tenor
         
2   Credit facilities (MUR)    
  Prime Lending Rate 8.50%p.a 8.50% p.a.
  Credit cards N/A N/A
  Other credit facilities - margin over PLR As per arrangement As per arrangement
         
3   Credit facilities (FCY)    
  Margin over LIBOR As per arrangement As per arrangement
         
   B       DEPOSITS    
         
4   Savings Account    
  Minimum account opening balance Rs1,000/- N/A
  Minimum credit balance to earn interest Rs5,000/- N/A
  Monthly service charges if credit balance falls below minimum balance N/A N/A
         
5   Current Account    
  Minimum account opening balance Rs5,000/- Rs5,000/-
  Cost of cheque book Rs3/- per sheet Rs3/- per sheet
  Legder fee - half yearly Rs300/- + VAT Rs300/- + VAT
  Certificate of interest / balance / liabilities Rs100/- excl tax certificate Rs100/- excl tax certificate
  Copies of tax certificates at customer's request Rs100/- Rs100/-
         
6   Call Deposit Account    
  Minimum balance Rs25,000/- Rs25,000/-
  Minimum credit balance to earn interest Rs25,000/- Rs25,000/-
  Monthly service charges N/A N/A
         
7   Term deposits (MUR)    
  Minimum amount Rs25,000/- Rs25,000/-
  Deposit withdrawn before maturity At Bank's discretion (<3months no interest) At Bank's discretion (<3months no interest)
  Fee for issuing duplicate TD receipt Rs25/- Rs25/-
         
8   Term deposits (FCY)    
  Minimum amount 5,000/- 5,000/-
  Deposit withdrawn before maturity N/A N/A
         
9   Foreign Currency Account    
  Minimum balance    
    •    Euro 500 500
    •    Pound Sterling 500 500
    •    US Dollar 500 500
  Minimum credit balance to earn interest 1,000 1,000
  General charges Cash depo and withdraw 1% Cash depo and withdraw 1%
         
   C       CREDIT FACILITIES    
         
10   Credit Cards    
a   Classic Card    
  First Issue Fee / Annual fee Rs200/- + VAT Rs200/- + VAT
  Card Replacement Fee
(Lost / Stolen)		 Rs200/- + VAT Rs200/- + VAT
  Lost / Stolen Advice Fee Free Free
  Request for increase in limit Rs150/- (fixed) Rs150/- (fixed)
  PIN-Re-issuance Fee Rs50/- + VAT Rs50/- + VAT
  Late Payment Fee Rs150/- (fixed) Rs150/- (fixed)
  Cash Advance Fee
(Local & Foreign)		 2% of withdrawn amt.Min. Rs50/- 2% of withdrawn amt.Min. Rs50/-
  Overlimit Fee Rs150/- (fixed) Rs150/- (fixed)
  Interest Charges 1.8% p.m. 1.8% p.m.
         
b   Gold Card    
  First Issue Fee / Annual fee Rs550/-+VAT (no photo) Rs650/-+VAT (photo) Rs550/-+VAT (no photo)
Rs650/-+VAT (photo)
  Card Replacement Fee
(Lost / Stolen)		 "Actual courier charges (emergency + abroad) Rs230/- inc VAT" "Actual courier charges (emergency + abroad) Rs230/- inc VAT"
  Lost / Stolen Advice Fee Rs200/- (fixed) Rs200/- (fixed)
  Request for increase in limit Rs100/-(fixed) Rs100/-(fixed)
  PIN-Re-issuance Fee Rs50/- + VAT Rs50/- + VAT
  Late Payment Fee 1% amount due 1% amount due
  Cash Advance Fee
(Local & Foreign)		 2% of withdrawn amt.Min. Rs100/- 2% of withdrawn amt.Min. Rs100/-
  Overlimit Fee Rs150/- (fixed) Rs150/- (fixed)
  Interest Charges 1.8% p.m. 1.8% p.m.
         
c   Platinum Card    
  First Issue Fee / Annual fee Rs1000/- +VAT Rs1000/- +VAT
  Card Replacement Fee
(Lost / Stolen)		 Rs1000/- +VAT Rs1000/- +VAT
  Lost / Stolen Advice Fee Rs200/- (fixed) Rs200/- (fixed)
  Request for increase in limit Rs100/- (fixed) Rs100/- (fixed)
  PIN-Re-issuance Fee Rs50/- + VAT Rs50/- + VAT
  Late Payment Fee 1% of amount due 1% of amount due
  Cash Advance Fee
(Local & Foreign)		 2% of withdrawn amt.Min. Rs100/- 2% of withdrawn amt.Min. Rs100/-
  Overlimit Fee Rs150/- (fixed) Rs150/- (fixed)
  Interest Charges 1.8% p.m. 1.8% p.m.
         
d   Infinite Card    
  First Issue Fee / Annual fee Rs2500/- +VAT Rs2500/- +VAT
  Card Replacement Fee
(Lost / Stolen)		 Rs2500/- +VAT Rs2500/- +VAT
  Lost / Stolen Advice Fee Free Free
  Request for increase in limit Rs100/- (fixed) Rs100/- (fixed)
  PIN-Re-issuance Fee Rs50/- + VAT Rs50/- + VAT
  Late Payment Fee Rs200/- (fixed) Rs200/- (fixed)
  Cash Advance Fee
(Local & Foreign)		 2% of withdrawn amt.Min. Rs100/- 2% of withdrawn amt.Min. Rs100/-
  Overlimit Fee Rs200/- (fixed) Rs200/- (fixed)
  Interest Charges 1.67% p.m. 1.67% p.m.
         
11   Loans and advances    
  Processing fee    
    (a) Overdraft / Import Loan / Bills Discounted (New or Additional)    
    (i) Fully secured by TDR'S (with Margin)    
  up to Rs100,000 Rs1,000/- Rs1,000/-
  above Rs100,000 1% - Min Rs1,000/- - Max Rs25,000/- 1% - Min Rs1,000/-
         
    (ii) Others    
  up to Rs100,000 Rs1,000/- Rs1,000/-
  Above Rs100,000 up to Rs500,000 Minimum 1% Maximum Rs5,000/- Minimum 1% Maximum Rs5,000/-
  Above Rs500,000 up to Rs1,000,000 Minimum 1% Maximum Rs10,000/- Minimum 1% Maximum Rs10,000/-
  Above Rs1,000,000 up to Rs5,000,000 Minimum 1% Maximum Rs50,000/- Minimum 1% Maximum Rs50,000/-
  Above Rs5,000,000 Minimum 1% Minimum 1%
         
    (iii) Temporary increase in Overdraft Limit 1% prorata, minimum 1 month 1% prorata, minimum 1 month
    Overdraft (Renewal at existing level)    
  Up to Rs 100,000 Flat fee of Rs500/- Flat fee of Rs500/-
  Rs 100, 000 / - to Rs 500, 000/- Min of 0.5% Maximum Rs2,500 Min of 0.5% Maximum Rs2,500
  Rs 500, 000/- to Rs 1,000,000/- Min of 0.5% Maximum Rs5,000 Min of 0.5% Maximum Rs5,000
  Rs1.0 M to Rs5.0M Minimum of 0.5% Maximum Rs25,000/- Minimum of 0.5% Maximum Rs25,000/-
  >Rs5.0M Min of 0.5% Min of 0.5%
    Temporary overdraft facility 1% prorata, minimum 1 month 1% prorata, minimum 1 month
    Penal fee exceeding authorised limit 6%p.a above ROI, except BPA 6%p.a above ROI, except BPA
         
    (b) Loans:    
  Processing fee    
    (i) Fully secured by TDR'S (with Margin) 1% - min Rs1,000/- - max Rs25,000/- 1% -  Min Rs1,000/-
    (ii) In all other cases Rs1,000/- or 1% flat whichever is the higher Rs1,000/- or 1% flat whichever is the higher
  Arrangement fee 1% -  Min Rs1,000/- 1% -  Min Rs1,000/-
  Monthly Ledger fee Rs75/- + VAT Rs75/- + VAT
         
    Commitment fee    
  Commitment fee payable quarterly in advance after three months as from date of sanction letter on undrawn balance. 1% p.a 1% p.a
  Early redemption/prepayment fee Bank's discretion Bank's discretion
  Amendment/cancellation fee Rs300/- Rs300/-
  Reschedulement Fee 0.5% Min. Rs1000/- 0.5% Min. Rs1000/-
         
  Legal charges for creation of security documents    
    •    Fixed/Floating Charges    
    (If Aggregate Amount)    
    I) AG < 300k                 Rs1,000/- Rs1,000/-
    ii) 300k  < AG< 500k     Rs3,000/- Rs3,000/-
    iii) 500k < AG< 1M       Rs10,000/- Rs10,000/-
    iv) 1M <AG< 5M           Rs30,000/- Rs30,000/-
    v) 5M <AG<                Rs50,000/- Rs50,000/-
         
12   OTHERS    
  Gages sans deplacement Same as for fixed/floating charges Same as for fixed/floating charges
  Erasure of charges Actual G.O.M Charges + Rs500/- Actual G.O.M Charges + Rs500/-
  Pari-Passu Actual G.O.M Charges + Rs1000/- Actual G.O.M Charges + Rs1000/-
  Change in Security Actual G.O.M Charges + Rs1000/- Actual G.O.M Charges + Rs1000/-
  Partial Erasure Actual G.O.M Charges + Rs500/- Actual G.O.M Charges + Rs500/-
  Cession de Priorite Actual G.O.M Charges + Rs1000/- Actual G.O.M Charges + Rs1000/-
  Crystallisation fees Rs500/- Rs500/-
  Change in Guarantor / Guarantee Rs100/- Rs100/-
  Renewal of Charges / Sureties Govt. fee +Rs200/- Govt. fee +Rs200/-
  Preparation of "Quittance & main levee" Actual Notary + Rs500/- Actual Notary + Rs500/-
  Search fee Rs500/- Rs500/-
  Valuation of property Actuals as per valuer Actuals as per valuer
  Reminder fee ( a/c in arrears) Rs200/- per reminder Rs200/- per reminder
  MCIB fee Rs100/- per report Rs100/- per report
         
13   IMPORT TRANSACTIONS    
    Letters of Credit Opening Commission and Extension Commission
   First 6 months 0.5% flat min Rs 600/- 0.5% flat min Rs 600/-
  Each additional quarterly period 0.25% flat MinRs500/- 0.25% flat MinRs500/-
  Amendment commission other than increase/extention Rs400/- Rs400/-
  Extension of LC validity and increase in amount As above As above
         
    Transmission cost    
  By SWIFT    
  Opening LC Rs 500/- Rs 500/-
  Amendment LC Rs 300/- Rs 300/-
         
    LC Negotiating Charges    
  LC negotiating commission 0.25% flat Min Rs300 0.25% flat Min Rs300
  Swift charges Rs200/- Rs200/-
  Local fee Rs200/- Rs200/-
  Discrepancy fee USD65/- USD65/-
  Handling fee USD25/- USD25/-
         
    LC Acceptance Commission    
  Commission 0.125%per month Min Rs 500 0.125%per month Min Rs 500
         
    Cancellation fee    
  commission Rs150/- plus overseas Bank charges Rs150/- plus overseas Bank charges
         
    Unutilised fee    
  commission Rs500/- Rs500/-
         
    Issue of Shipping guarantee    
  Commission first two months Rs800/- Rs800/-
  Thereafter monthly Rs400/- Rs400/-
         
    Import collection bills(Payment)    
  Negotiating Commission 0.5%MinRs500/- 0.5%MinRs500/-
  Swift Rs200/- Rs200/-
  Local fee Rs200/- Rs200/-
  Handling fee Rs500/- every fortnight on each unpaid bill Rs500/- every fortnight on each unpaid bill
  Protest fee USD 200 or equivalent USD 200 or equivalent
  Others Rs500 fortnightly on overdue bills Rs500 fortnightly on overdue bills
  Handling fee USD30/- USD30/-
         
    Local bills    
  Collection of local bills 1/2%p.a min. Rs500/- 1/2%p.a min. Rs500/-
         
14   EXPORT TRANSACTIONS    
  LC advising commission Rs400/- flat Rs400/- flat
  LC amendment commission Rs400/- flat Rs400/- flat
         
    Confirming Documentary credit    
  Adding confirmation As per arangement As per arangement
         
    Transfering Documentary credit    
  Transfer fee  Rs600/-  Rs600/-
  Transfer fee outside Mauritius  0.25% Min Rs 600 .Plus swift charges Rs 175/-  0.25% Min Rs 600 .Plus swift charges Rs 175/-
  Amendment to tranfer  Rs400/- per transaction + swift if applicable  Rs400/- per transaction + swift if applicable
  Unutilised fee  Rs600/-  Rs600/-
  Cancellation  Rs600/-  Rs600/-
         
    Negotiating Commission (L.C/ Collection)    
  Payment/Negotiation commission  0.5% Min Rs 400  0.5% Min Rs 400
  Handling fee  Rs 300/-  Rs 300/-
  Local fee  Rs 100/-  Rs 100/-
  Courier service  Actual amt claimed by courrier Min Rs 1,000/-  Actual amt claimed by courrier Min Rs 1,000/-
  Swift  Rs 125 per swift msg  Rs 125 per swift msg
  Registered mail  Rs200/-  Rs200/-
         
    Discounting Export bill    
  Discounting fee  Rs500/-  Rs500/-
  Trade cover - open account financing only - handling fee  Rs200/-  Rs200/-
 
- postage fee
  Rs500/-  Rs500/-
         
15   Bank Guarantees    
   Tender bonds  1% flat for first six months and 0.25% for each add 3 months Min Rs 600/-  1% flat for first six months and 0.25% for each add 3 months Min Rs 600/-
  Performance bond  1.5% p.a up toRs 6.0M.1%for amt greater than 6.0 M.Min Rs 600/-  1.5% p.a up toRs 6.0M.1%for amt greater than 6.0 M.Min Rs 600/-
  Advance Payment Guarantees  2% pa min Rs 600/-  2% pa min Rs 600/-
  Avalised Bill of Exchange  2% pa min Rs 600/-  2% pa min Rs 600/-
  Customs guarantee  1.5% pa min Rs 600/-  1.5% pa min Rs 600/-
  Money guarantee  2% pa min Rs 600/-  2% pa min Rs 600/-
  Others  1.5% pa min Rs 600/-  1.5% pa min Rs 600/-
  Financial Standing  0.1%min Rs 2,500 Max Rs 10,000/-  0.1%min Rs 2,500 Max Rs 10,000/-
  Amendment fee other than for increase in amt/ extend validity period  Rs 600/-  Rs 600/-
         
    OutwardsRemittances by TT    
  Commission  Rs 200/-  Rs 200/-
  Swift charges  Rs 200/-  Rs 200/-
         
    By Drafts    
  Commission  Rs 150/-  Rs 150/-
  Stop Payment on draft.  Rs 200/-  Rs 200/-
         
    Inwards Remittances    
  Telegraphic Transfer(TT)  Rs 100/-  Rs 100/-
  Drafts Rs 100/-  Rs 100/-
         
    Debit to Foreign Currency Accounts    
  Commission in lieu of Exchange  0.5% on amt Min US$ 10.  0.5% on amt Min US$ 10.
         
    General charges    
  Invoice sustitution fee  Rs300 (except for transfer L/Cs)  Rs300 (except for transfer L/Cs)
         
   D       GENERAL SERVICES    
         
16   Treasury Bills    
  Account opening fee N/A N/A
  Transaction fee N/A N/A
         
17(a)   Debit Cards    
  Annual fee N/A N/A
  Replacement of lost/stolen cards Rs115/- incl.VAT Rs115/- incl.VAT
    Debit card pin replacement fee Rs50/ + VAT Rs50/ + VAT
    Urgent forwarding of card to an overseas address Actual costs Actual costs
  Withdrawals    
    •    Bank’s ATM N/A N/A
    •    Other bank's ATM Min.Rs50/- if amount <Rs5,000/- . 1% on amount if > Rs5,000/- Min.Rs50/- if amount <Rs5,000/- . 1% on amount if > Rs5,000/-
    •    Overseas Rs75/- if amount < Rs7,500/- .1% on amount if Rs7,500/- Rs75/- if amount < Rs7,500/- .1% on amount if Rs7,500/-
17 (b)   Internet Banking    
  Subscription fee Free Up to 3 Users - Rs250/- per month for view only, Rs500/- per month for view and transact.
Above 3 Users - Additional fee of Rs250/- flat per month.
        For Group Companies - Above conditions applies for main company. Rs100/- per month for each additional company (both for view & transact).
         
18   Others    
  MACSS facility Rs100/- Rs100/-
  Normal transfer Rs10/- Rs10/-
  Audit confirmation certificate Rs1,000/- Rs1,000/-
  Credit report to other banks Overseas: USD 20/- Overseas: USD 20/-
  Testimonial/Banker’s reference fee Local Rs500; overseas: USD 20/- Local Rs500; overseas: USD 20/-
  Letter of reference Rs1,000/- Rs1,000/-
  Payroll fee Rs5/- per item- external  Rs5/- per item- external
  Duplicate statement of account Rs25 per page + Rs500 if beyond 2 yrs Rs25 per page + Rs500 if beyond 2 yrs
    Duplicate of monthly transaction statement @ counter Rs25 per page Rs25 per page
    Duplicate archived document Rs50 per page Rs50 per page
  Standing Instructions    
    •    Internal transfer Rs10/- Rs10/-
    •    Transfer to other banks Rs25/- Rs25/-
    •    Dishonoured S/O for lack of funds Rs150/- Rs150/-
    •   Direct debit Rs5/-  Rs5/- 
    •   Unpaid direct debit due to lack of fund Rs100/- Rs100/-
    •   Purchase of foreign cheques/bank drafts Rs100/- Rs100/-
    •   Office cheque issuance Rs100/- Rs100/-
  Cheque returned    
    •    Inward Rs25/- Rs25/-
    •    Outward Rs300/- Rs300/-
  Stop payment orders Rs100/- Rs100/-
  Safe deposit lockers As per table As per table
  Special Clearance    
    •    Inward Rs200/- Rs200/-
    •    Outward Rs100/- Rs100/-
   Emailing statement Rs25/-, frequency weekly Rs25/-, frequency weekly
  Fax, e-mail transmission cost Rs125/- per page (overseas); Rs15/- per page (local) Rs125/- per page (overseas); Rs15/- per page (local)
  Current account statement by fax Adhoc: Rs50/- per account per fax. On daily basis: Rs750 per account per month Adhoc: Rs50/- per account per fax. On daily basis: Rs750 per account per month
  No liability certificate Rs300/- Rs300/-
  Information from archives Rs50/ per page Rs50/ per page
  Issue duplicate passbook Rs100/- Rs100/-
  Closure of account Rs200/- Rs200/-
  Maintenance fee for Dormant a/c Rs100/- + VAT every 6 mths Rs100/- + VAT every 6 mths
  Dishonoured chq at counter Rs300/- Rs300/-
  Maintainance fee for inactive a/c Rs100/- + VAT every 6 mths Rs100/- + VAT every 6 mths
  Processing fee for succession account Rs500/- Rs500/-
  MNS fee   Rs100/-
    Investigation charges Rs300/- per item Rs300/- per item
  Photostst copy Rs15/- per page Rs15/- per page
         

 
 
 
 
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