Description |
Offshore Banking |
Domestic Banking |
Arrangement / Processing Fee | 1% of facility amount, min USD 500 | 1% of facility amount. min SCR 500 |
Processing Fee for 1st Home owners | N.A. | upto SCR 1.50 mn -
0.50%, max SCR 2500 ; above SCR 1.50 mn - 0.50% |
Facility Renewal Fee | 1% of facility amount, min USD 500 | 1% of facility amount. min SCR 500 |
Facility excess/arrears fee | 2% above contracted rate on the principal loan amount in default
|
2% above contracted rate on the principal loan amount in default
|
Facility pre-closure fee | No charge | No charge |
Amendments to Facility Contracts | 0.5% of o/s, min USD 500 | 0.5% of o/s, min SCR 500 |
Statement of Facility account | No charge | No charge |
Amortisation schedule | No charge
| No charge |
Facility rescheduling/restructuring | 1% of o/s, min USD 500 | 1% of o/s, min SCR 500 |
Letter of no commitment with Bank | USD 100 | SCR 100 |
Release of Guarantees | USD 100 | SCR 250 |
Cancellation of agreement (pre-disbursement) | 0.5% of approved amount, min USD 500 | 0.5% of approved amount, min SCR 500 |
Documentary Credits | N.A. | N.A. |
Guarantees / Bonds | N.A. | N.A. |
Inward Bills for Collection | N.A. | 1%, min SCR 250 + SWIFT charges |