Description
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Offshore Banking
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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 |