BANK ONE
16, Sir William Newton Street
Port Louis, Mauritius
PARTICULARS | CHARGES | |
---|---|---|
REMITTANCES | ||
Inward | ||
Telegraphic Transfers |
Free |
|
Cash Deposit |
1% (Min-USD10) |
|
Cheques for collection |
USD 15 per cheque |
|
Outward | ||
Telegraphic transfers- Manual Instruction |
0.15% (Min-USD30, Max-USD100) |
|
Telegraphic transfers – Internet Banking |
0.125% (Min-USD30, Max-USD65) |
|
Drafts |
USD 25 flat |
|
Cash Withdrawal |
1% (Min USD10) |
|
INTERNET BANKING |
Free of charge |
|
TRADE SERVICES / LC’s |
||
Imports | ||
Issuance |
0.50% for first 6 months or part thereof |
|
Amendment others |
USD 40 flat |
|
Amendment/ increase in amount |
0.50% for first 6 months or part thereof |
|
Transmission cost By SWIFT |
||
Acceptance |
0.125% per month ot part thereof |
|
Negociating charges | ||
Local fee |
||
SWIFT charges |
||
LC negociating commission |
||
Acceptance commission (under usance LC) |
||
Exports | ||
Advising |
0.1% flat (Min USD 40, Max USD 500) |
|
Advising of Amendment |
USD 50 |
|
Confirmation (subject to arragement) |
0.25% flat (Min USD 100) |
|
Negociation |
0.25% (Min-USD30, Max-USD50) |
|
DOCUMENTARY COLLECTIONS |
||
Import & Export | ||
For release against acceptance, payment or free of payment |
0.25 % flat (Min USD 50) |
|
Transmission costs | ||
Courrier service |
Min USD50 per mail |
|
Fax Overseas |
USD5 per page |
|
Fax local |
Free |
|
Other (Swift, Telex etc.) |
USD20 |
|
Sundry Charges | ||
Ledger fees |
USD 50 semi annually |
|
Investigation with Correspondent Bk |
USD 25 per request |
|
Bank reference |
USD 50 |
|
Account Reactivation |
USD 50 |
|
Information from archives |
Search fee of $10 + $5 per page |
|
Balance Audit confirmations | ||
(within 12 months) |
USD 20 per request |
|
(after 12 months) |
USD 25 per request |
|
KYC report |
USD 40 |
|
Duplicate statements | ||
6 months old or less |
USD 10 per monthly statement |
|
More than 6 months |
USD 20 per monthly statement |
|
Standing orders |
USD 10 per order |
|
Closure of account |
USD 25 |
|
Bank Guarantees | ||
AVAL’ of negotiable Instruments (Bill of exchange) |
1% flat min USD 100 |
|
Performance Bonds |
1.25% p.a min USD150 |
|
Tender Bonds |
||
Advance Payment Guarantee |
1% p.a min USD150 |
|
Shipping Guarantee |
USD 50 |
|
Customs and others |
1% p.a min USD150 |
|
Loans and Advances | ||
Amendment fee |
USD 25 |
|
Cancellation fee |
USD 500 |
|
Charges on positive balance for impacted currencies |
||
*Subject to approval from LOB |
||
Credit Facilities | ||
Credit Cards | ||
Classic Credit Card |
||
First Issue Fee / Annual fee |
Rs230/- (incl VAT) |
|
Card Replacement Fee |
Rs402.5/- (incl VAT) |
|
Request for increase in limit |
Rs125/- (fixed) |
|
Late Payment Fee |
Rs200/- |
|
Cash Advance Fee |
2.5% of withdrawn amount. |
|
(Local and Foreign) |
Minimum Rs125/- |
|
Gold Card |
||
First Issue Fee / Annual fee |
Rs 805/- (incl VAT) |
|
Card Replacement Fee |
Rs402.5/- (incl VAT) |
|
Lost / Stolen Advice Fee |
Free |
|
Late Payment Fee |
Rs200/- |
|
Platinum Card |
||
First Issue Fee / Annual Fee |
Rs1,495/- (incl VAT) |
|
Card Replacement Fee |
Rs402.5/- (incl VAT) |
|
Lost / Stolen Advice Fee |
Free |
|
Late Payment Fee |
Rs250 |
|
Infinite Card |
||
First Issue Fee / Annual Fee |
Rs3,680/- (incl VAT) |
|
Card Replacement Fee |
Rs 575/- (incl VAT) |
|
Late Payment Fee |
Rs500/- (fixed) |
|
Overlimit Fee |
Rs500/- (fixed) |
|
Interest Charges |
1.90% per month, 22.8% yearly |
|
Business Card |
||
First Issue Fee / Annual Fee |
N/A |
|
Card Replacement Fee |
N/A |
|
Request for increase in limit |
N/A |
|
Late Payment Fee |
N/A |
|
Cash Advance Fee |
N/A |
|
(Local and Foreign) |
N/A |
|
Common charges for credit cards | ||
Individual |
||
PIN Re-issuance Fee |
Rs 57.5 /- (incl VAT) |
|
Overlimit Fee (except for Infinite Card) |
Rs200/- (fixed) |
|
Interest Charges (except for Infinite Card) |
2% per month, 24% yearly |
|
Request for increase in limit (except Classic Card) |
Free |
|
Cash Advance Fee (Local and Foreign) – Except for Classic Card |
2.5% of withdrawn amount. |
|
Replacement Card Fee (sent abroad) |
Replacement fee + Additional courier charges for cards sent abroad |
|
Statement Request Fee |
Rs25/- per page + Rs500/- if beyond 2 years |
|
Conversion Fee |
3.0% of the amount on Foreign Currency transactions |
|
Debit cards |
Individual |
|
Annual Fee |
N/A |
|
Replacement of Lost / Stolen Cards |
Rs115/- (incl VAT) |
|
Debit Card PIN Replacement Fee |
Rs57.5/- (incl VAT) |
|
Urgent forwarding of card to overseas address |
Actual costs |
|
Conversion Fee |
3.0% of the amount on Foreign Currency transactions |
|
FCY Credit Cards | ||
EUR Infinite Card |
Individual |
|
First Issue Fee / Annual fee |
Eur 74.75 (incl VAT) |
|
First Issue supplementary fee / Annual fee |
Eur 74.75 (incl VAT) |
|
Replacement fee (Damaged) |
Eur 74.75 (incl VAT) |
|
Lost/Stolen Fee |
Eur 74.75 (incl VAT) |
|
Overlimit fee |
Eur 8.05 (incl VAT) |
|
Renewal fee |
Eur 74.75 (incl VAT) |
|
Increase Limit fee |
Eur 5.75 (incl VAT) |
|
Interest rate per Annum (%) |
21% yearly |
|
Late payment fee |
Eur 8.05 (incl VAT) |
|
Cash Withdrawals transaction Fee (ATM) |
2% MINIMUM 5.75 EUR (incl VAT) |
|
ATM Balance Inquiry Fee |
Eur 2.3 (incl VAT) |
|
Duplicate statement fee |
Eur 1.15 per page (Incl VAT) |
|
PIN re-issuance |
Eur 2.3 (incl VAT) |
|
USD Platinum Card |
||
First Issue Fee / Annual fee |
USD 96.6 (incl VAT) |
|
First Issue supplementary fee / Annual fee |
USD 48.3 (incl VAT) |
|
Replacement fee (Damaged) |
USD 5.75 (incl VAT) |
|
Lost/Stolen Fee |
USD 5.75 (incl VAT) |
|
Overlimit fee |
USD 5.75 (incl VAT) |
|
Renewal fee |
USD 96.6 (incl VAT) |
|
Increase Limit fee |
USD 5.75 (incl VAT) |
|
Interest rate per annum (%) |
23% |
|
Late payment fee |
USD 5.75 (incl VAT) |
|
Cash Withdrawals transaction Fee (ATM) |
2.5% MIN 5.75 USD (incl VAT) |
|
ATM Balance Inquiry Fee |
USD 2.3 (incl VAT) |
|
Duplicate statement fee |
USD 1.15 per Page (incl VAT) |
|
PIN re-issuance |
USD 2.3 (incl VAT) |
|
USD Infinite Card |
||
First Issue Fee / Annual fee |
USD 138 (incl VAT) |
|
First Issue supplementary fee/Annual fee |
USD 69 (incl VAT) |
|
Replacement fee (Damaged) |
USD 5.75 (incl VAT) |
|
Lost/Stolen Fee |
USD 5.75 (incl VAT) |
|
Overlimit fee |
USD 5.75 (incl VAT) |
|
Renewal fee |
USD 138 (incl VAT) |
|
Increase Limit fee |
USD 5.75 (incl VAT) |
|
Interest rate per annum (%) |
23% |
|
Late payment fee |
USD 5.75 (incl VAT) |
|
Cash Withdrawals transaction Fee (ATM) |
2.5% MIN 5.75 USD (incl VAT) |
|
ATM Balance Inquiry Fee |
USD 2.3 (incl VAT) |
|
Duplicate statement fee |
USD 1.15 per Page (incl VAT) |
|
PIN re-issuance |
USD 2.3 (incl VAT) |
|
Term Deposits | ||
MUR Term Deposits |
Individual |
|
Deposit withdrawn before maturity (at the discretion of the Bank) |
No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months – The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rates less 1% penalty will be applied. |
|
Fee for issuing duplicate Term Deposit receipt |
Rs50/- |
|
FCY Term Deposits |
Individual |
|
Minimum amount (in the currency) |
5,000/- |
|
Deposit withdrawn before maturity (at the discretion of the Bank) |
No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months – The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rate less 1% penalty will be applied. |
***The bank reserves the right of recourse to the customer if the cheque: draft is returned unpaid and a fee of USD 15 will be charged; Intermediary banks’ charges if any will be for customer’s account.
NB: All transaction costs are for customer’s account. The bank reserves the right to charge an additional handling fee for import and export bills for collection that are settled after the due date. The bank reserves the right to recover out of pocket expenses wherever application.
Bank One Disclaimer
Legal Notice
Welcome to www.bankone.mu!
Please read the following important information before accessing this Website:
This Website is owned and operated by BANK ONE LIMITED and the use thereof indicate that you accept the Bank’s Terms and Conditions of Use.
If you do not agree to the Terms and Conditions of Use, you should not use the Website.
The Bank may, at its entire discretion, at any time and without notice, modify or update such Terms and Conditions of Use. Such changes shall be effective immediately and you shall be deemed to have accepted same if you continue to use the Website.
Although the Bank endeavours to provide correct information on its Website, it does not give any warranty express or implied as to its accuracy, completeness and reliability.
The Bank does not accept any liability for any errors or omissions of whatsoever nature as regards information, materials, functions and applications contained in its Website or as to any third-party Websites linked to or from its Website.
Terms & Conditions of Use
1) Information available on the Website are allowed to be printed and / or downloaded for personal use only and not for commercial purposes.
You may not reproduce, transmit or store any information contained on the Bank’s Website on any other Website without the Bank’s written permission.
2) The Website is intended to provide general information on the Bank and its products and services.
No information contained on the Website shall constitute or is intended to constitute financial, legal, accounting, investment or other professional advice or services. You are advised to take professional advice from a suitably qualified professional or adviser before taking any decision relating to your finances or business.
3) You acknowledge that information transmitted via the Internet is susceptible to monitoring and interception and you will be bear all risk of using such means. You further acknowledge that any unsolicited information communicated to us via Internet cannot be guaranteed to remain confidential.
4) The Website may contain technical, typographical or other inaccuracies and you are urged to contact us to confirm all information contained on this Website before placing any reliance on it.
5) The Bank agrees to make reasonable efforts to ensure full performance of its Internet Banking transactions. The Bank will be responsible for acting only on those instructions sent through Internet Banking which are actually received. The Bank does not assume responsibility for any malfunctioning in communication facilities not under its control that may affect the accuracy or timeliness of messages you send. The Bank will not be responsible for any losses or delays in transmission of instructions arising or caused by any browser software. It will, furthermore, not be accountable should you provide incorrect instructions or if your payment instructions are not given sufficiently in advance to allow for timely payment or delays in mail service.
Collection of Information
The Bank will not collect any information about you except where it is knowingly provided to us through this Website. The information we collect about you will depend on how you use the facilities offered via this web site.
In the event that you enter information in the process of completion of an online application form, the information will only be collected by us if you submit that online application to us. In other words, if you log out prior to submitting your application, any information which you had entered would be automatically deleted.
The Bank requires information to understand your needs and provide you with a better service, and in particular for the following reasons:
Internal record keeping.
Use the information to improve its products and services.
Sending periodicals and promotional emails on new products, special offers or other information which the Bank thinks you may find interesting using the email address which you have provided.
Our Contact Centre may call you to suggest products and services that are relevant to your needs based on the information you have provided.
Occasionally, the Bank may also use your personal information to contact you for market research purposes.
The Bank may contact you by email, phone, fax or mail and may use the information provided to customise the Website according to your interests.
The Bank will not sell or distribute your personal information to third parties unless it has your permission or is required by law to do so. You may request details of personal information which the Bank holds about you under the Data Protection Act 2004. If you would like a copy of the information held on you, please write to us.
If you believe that any information the Bank is holding on you is incorrect or incomplete, please write to or email us as soon as possible. The Bank will promptly correct any information found to be incorrect.
DISCLAIMER
In no event will the Bank be liable for any damages including but not limited to direct or indirect, special, incidental, consequential or punitive damages, losses or expenses arising out of the use of its Website, or incurred as a result of any failure of performance, transmission of information, any interruption or availability of its Website, delay in operation or transmission, computer virus, loss of data, or otherwise.
Neither the Bank nor its directors, shareholders, agents, consultants, representatives, officers or employees shall be liable for any damages or losses resulting from your use or inability to use its Website or any information contained therein, including without limitation any direct or indirect, special, incidental, consequential or punitive damages whether arising out of contract, statute and tort or otherwise.
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