Prime Savings Account
A savings product for persons who earn income or are interested in saving in foreign currencies. Cash handling fees on amounts exceeding USD / EUR / GBP 10,000 is charged. Suitable for clients with a regular income in foreign currency.
Target market - Individuals in earning/saving in foreign currency and expatriates
Attractive rates on currency conversions
Nil withdrawal fees for amounts not exceeding USD / EUR / GBP 10,000 (per day)
Discounted fee of USD 10 on non-commercial TT remittance (one per month)
Free monthly e-statements
Free internal transfers
Access to mobile banking (m24/7)
Access to internet Banking (i24/7)
Currency - United States Dollars, Euro & Great Britain Pound (USD / EUR / GBP)
Opening amount - USD / EUR / GBP 25
Minimum balance - USD / EUR / GBP 25
Channels / accounts & information access - Mobile banking (m24/7) / Internet banking (i24/7)
Monthly Ledger fee (USD,EUR, GBP) - USD 2
Foreign currency deposit fee USD/GBP/EUR above 10,000 to be charged at 0.5%
Withdrawals -:
Withdrawals up to USD / EUR / GBP 10,000 - free
Withdrawals from USD / EUR / GBP 10,001 - 0.5%
Cash handling denominations less than USD / EUR / GBP 50 - 5%
Mobile Banking (i24/7) fees -:
Mobile banking registrations - free
Monthly subscription charges - free
Credit alerts - free
Daily / Weekly / Monthly balance alerts - USD 0.10
Internet Banking (i24/7) fees -:
Internet banking registrations - free
Monthly subscription charges - free
Token fee (Soft Token) - free
PIN re-generation - free
*All fees are subject to an 18% value added tax
*Exchange rates are subject to change depending on market availability
USD cheques -:
25 leaf book - USD 7.5
50 leaf book - USD 15
100 leaf book -USD 30
*All fees are subject to an 18% value added tax
*Exchange rates are subject to change depending on market
