In favour of a customer and for credit to an account with us:
$10.00
Value date:
same date as we receive value in our correspondent account
OUTGOING PAYMENTS
In favour of beneficiaries in Cyprus or abroad
(normal spot value)
Advising amendments to payments
0.10% (min. $8.00; max. $83.00)plus correspondents charges if applicable
$28.00 each
Please be advised that all outward payments transferred within the European Union should contain the following:-
a) Valid BIC (Bank Identification Code) b) Valid IBAN (International Bank Account Number)
The following additional charge will be taken up-front by FBME should the above information not be included by customers when providing payment instructions. This fee covers the additional charges being levied by third party intermediary banks.
$13.00
CALL-BACK CHARGES
In the event that the Customer does not wish to secure his/her payment instructions, the following “Call-Back” charge will be levied in accordance with the General Conditions of the Bank:
$5.00
Banker's Drafts issued by FBME
Available in all major currencies
0.10% (min. $8.00; max. $83.00)
“Fast Track” Service
Any payment in any currency with a value date earlier than spot value for the currency concerned.
Standard payment charges
plus an additional fee of $103.00
NB:
Instructions for “same day” value payments must be received by Cyprus time on the payment value date and for “next day” value payments instructions must be received by 3Cyprus time on the working day prior to the payment value date.
CORRESPONDENTS’ CHARGES
When our correspondents’ Bank charges on outward payments are payable by the remitter, the following minimum amounts will be collected upfront, in addition to our outward payment charges. Additional correspondent charges may be requested by our respective agents, depending on the amount remitted at a later stage:-
JPY 2808.00 SEK 80.00 DKK 127.00 NOK 128.00 GBP 17.00 EUR 20.00 CHF 13.00 CAD 14.00 USD 21.00 (For payments within the USA) USD 35.00 (For payments to any other country except USA)
CHEQUES RECEIVED FOR CREDIT TO ACCOUNTS & CLEARED THROUGH A CASH LETTER SERVICE, WITH RECOURSE TO THE PAYEE
Handling Fee:
$8.00 per cheque max. $18 per transactions
Value dates:
(i) items drawn in USD on a Bank in USA:
(ii) other currencies, provided drawn in currency of the country of the drawee bank, ( e.g., in Swiss Francs on a bank in Zurich):
7 days after receipt
14 working days after receipt
Cheques returned unpaid:
$18.00 each (plus correspondents' charges if applicable)
CHEQUES SENT FOR COLLECTION AND CREDIT AFTER FINAL PAYMENT
Drawn on banks in Cyprus or abroad
$28 each (plus correspondents’ charges if applicable)
CHEQUES RECEIVED FOR COLLECTION
Drawn by our customers on their current accounts with us, received from banks in Cyprus or abroad:
0.1% (min $8.00; max $53.00) plus communication charges if applicable, deducted from our remittance unless we are specifically authorised to debit our customer.
UNPAID STANDING ORDERS
Current Accounts
$18.00 each
LETTERS OF CREDIT
Opened by us:
Opening Commission:
0.30% for the first 3 months, or part thereof, plus 0.1% for each additional month or part thereof. Minimum charge $50.00
Acceptance Commission:
0.15% per month minimum 0.45% or $50.00
Amendments:
$30 each. Plus any additional ad valorem commission if amount is increased or expiry extended, (calculated from original date of opening).
Confirmation Commission:
As charged by our Correspondent
Payment Commission:
0.1% - minimum $20.00 maximum $100.00
Discrepancy Fee
$50.00
Advised by us
Advising Commission:
0.05%, minimum $25.00, maximum $100.00`
Confirming commission:
by arrangement (charged in addition to advising commission)
Transfer Commission:
As for opening commission
Advising Amendments
$25 each
Negotiation Commission:
0.1%,(minimum $50.00), plus outgoing payment commission if proceeds are paid to another bank.
Discrepancy Fee
$50.00
Special handling
Assistance with preparation of applications or documents
minimum charge $ 50.00 maximum charge $150.00
DOCUMENTARY COLLECTIONS
Inward or outward, for payment or acceptance
0.25%, minimum charge $30.00
Delivery free of payment
$30.00 each
Bills returned unpaid
0.25%, minimum charge $30.00
GUARANTEES
Issued
Commission:
1.5% per annum payable quarterly in advance, minimum 0.375% or US$30.00
Received
Advising Commission:
.05%, minimum $25.00 maximum $100.00
Shipping Guarantee
Opening Commission:
$30.00 each
ACCOUNT MAINTENANCE CHARGES
Current Accounts
$23.00 per quarter or part thereof.
CLOSING ACCOUNT ADMINISTRATION CHARGE
Current Accounts
$18.00 each
COMMUNICATION CHARGES
¨ Telex or SWIFT:
minimum charge $13.00
¨ Fax:
minimum charge $13.00
¨ Courier - in Cyprus:
minimum charge $13.00
- abroad:
minimum charge $28.00
¨ Postage:
minimum charge $8.00
¨ International Telephone Calls:
CYTA charge plus 100%
HOLD MAIL QUARTELY CHARGES [Retention of all client mail at one of our offices]
¨ No prior notice for correspondence pick-up [with no additional fee]
(Option one) $63.00
¨ Four days written notice for correspondence pick-up ¨ In addition, a one-time fee per annum upon pick-up
(Option two) $33.00 $123.00
STATUS REPORTS AND REFERENCES
¨ Obtains status reports for clients
$53.00 each
¨ Replying to status enquiries on clients
$53.00 each (charged to enquiring bank)
¨ Issue of certificates, references etc.
¨ Issue of certificates and legalised / apostiled references
$53.00 each
$203.00 each
PHOTOCOPIES
¨ Per page
$1.00 each
AUDIT CONFIRMATIONS
¨ Written confirmations of balances given to a client’s auditors
¨ Replacement of lost, stolen or damaged card or PIN
¨ Transaction Investigation
$ 50.00 $ 50.00
2%
$ 25.00 $ 25.00
$ 50.00
$ 20.00
GLOBAL CARD
¨ Annual fee ¨ Fee at time of issuance ¨ Fee at time of Replenishment ¨ Cash Withdrawal Fee ¨ Replacement of lost, stolen or damaged card or PIN ¨ Transaction investigation / Copy Request
¨ Annual Fee ¨ Fee at the time of issuance ¨ Fee at time of Replenishment ¨ Replacement of lost, stolen or damaged card or PIN ¨ Transaction investigation / Copy Request
$ 50.00 $ 50.00 $ 20.00 plus 3% $ 50.00 $ 20.00
TEST KEYS
¨ Issued to customers
$100.00 p.a.
INTERNET BANKING (FBME DIRECT)
¨ Monthly Fee
$ 10.00
This tariff is effective from 24th January 2005 and is subject to change without prior notice. The charges are the minimum for each service described. The Bank reserves the right to charge additional fees for extra services or particularly complicated transactions.
