Effective July 1, 2025
* – Special conditions apply
** – Additional charges may apply.
*** – Please request additional information on this charge.
~ – Prices reflect charges for EC$ and US$ accounts
Fees are inclusive of 17% Value Added Tax (VAT) where applicable.
| Accounts closed within 6 months | EC$58.50 – Personal/Coroprate |
| Third Party Withdrawals | EC$23.40 |
| Passbook Update (5 entries free) | EC$1.50 per item |
| Cheques returned unpaid by us | EC$87.75 |
| Cheques returned by other banks | EC$87.75 |
| Unauthorised Overdrafts | EC$58.50 |
| Multi-statement Charge | EC$17.55 per sheet |
| Interim Sheets | EC$17.55 each |
| Overdraft Interest | Agreed Rate |
| Interest on Unapproved Overdraft | 15% |
| Service Charge (minimum) XCD | EC $15.00 + $1.00 per cheque fee + Stamp Duty + VAT |
| Service Charge (minimum) USD | US$15.00 + $1.00 per cheque fee + Stamp Duty + VAT |
| Business Accounts XCD | EC$25.00 + $1.00 per cheque fee + Stamp Duty + VAT |
| Business Accounts USD | US$25.00 + $1.00 per cheque fee + Stamp Duty + VAT |
| Written Verification of Balances | EC$29.25 |
| Stop Payments | EC$35.10 |
| Stop Payment Orders (Corr. Banks Drafts) | US$35.10 |
| Transfers with written instructions | EC$23.40 |
| Voucher Search (DDA cheques excluded) | EC$58.50 per item |
| Dishonoured Foreign Cheques | US$35.10 |
| Special Clearing of Foreign Cheques | EC$50.00** (nontaxable) |
| Standing Orders | EC$29.25 |
| Balance Certification/Bank Statements | EC$40.95 |
| Replacement Savings Passbook | EC$29.25 |
| Urgent Transaction Request / Placing Items on Ferry | EC$29.25 per item |
| Excess withdrawal from Priority account | EC$29.25 |
| Cheque Encashment Fee (Non BON Customers Only) | EC$5.00 + VAT |
| Foreign Cheques Encashed (US only) | $5 plus buying rates |
| Foreign Drafts/Manager’s Cheque Sold | EC$11.70/US$5.85 |
| Replacement Cheque Charge | EC$17.55/US$11.70** |
| Foreign Currency Transactions paid for in Foreign Currency Encashment | 2% plus 17% VAT |
Travelers’ Cheques for Service (Discontinued)
USD Wires
Coming From:
| XCD a/c | 104 + VAT 17.68 = $121.68 |
| USD a/c | USD38.28 + VAT USD6.51 = USD$44.79 |
GBP, EUR, CAD wires
Coming From:
| XCD a/c | 75.00 + VAT 12.75 = $87.75 |
| USD a/c | USD35.00 + VAT 5.95 = USD$40.95 |
| XCD wires | 63.50 + VAT 10.80 = $74.30 |
| BDS wires | 50.00 + VAT 8.50 = $58.50 |
| INCOMING WIRE | US$23.40 inclusive of VAT |
| Returned Wires | US$35.10 |
| Wire amendments/traces | US$35.10 or as per corresponding bank charge |
| Commitment Fees | 2.0% of loan amounts up to EC$25,000.00; 1.5% on loan amounts above EC$25,000. minimum EC$300.00 + VAT* |
| Overdrafts Renewals | EC 1.5% of amount loaned + VAT |
| Overdrafts Renewals | EC 0.5% of 1% of sum negotiated + VAT |
Late Payment Fee:
| USD Loans | US$75.00 + VAT |
| XCD Loans | EC$ 75.00 + VAT |
| Guarantees/Indemnities | EC 2% of amount plus 17% VAT*** |
| Wallet Rental | EC$234 p.a. |
| Temporary Night Wallet | Annual Fee Prorated (Minimum 1 Month Fee) |
| Lost/Damaged Wallets | EC$175.50 plus cost of bag |
| Safety Deposit Rental | EC$175.50 (small) EC$187.20 (medium) EC$234.00 (large) EC$321.75 (Xlarge) EC$351.00 (Jumbo) |
| Lost keys | EC$58.50 plus cost of key |
| Safekeeping of Security Documents | $35.10 p.a. |
| Visits re safekeeping one time free per month | EC$23.40 per entry after |
| Single Night Disposable Bag | EC$2.93 |
| Initial Setup Fee (Business Card only) | US$175.50 |
| Secondary | US$76.05 |
| Annual Fee (Classic) Primary | US$46.80/EC$117.00 |
| Secondary | US$23.40/EC$58.50 |
| (Gold) Primary | US$70.20 |
| Secondary | US$35.10 |
| (Business) Primary | US$87.75 |
| Replacement Card | US$29.25 |
| Emergency Card Service | EC$100.00~ (nontaxable) |
| Late Payment Fee | US$35.00 + VAT |
| Cash Advance Fee | ($10 min.) EC 3.0% plus 17% VAT |
| Duplicate Statement | EC$5.00~ ** (non- taxable) |
| Overlimit Fee | EC$40.95 |
| Return Cheque Fee | EC$25.00~ (non-taxable) |
| Miscellaneous Account Debit ~ | EC 2.0% min. or US$11.70 |
| Urgent Payment | EC$35.00 |
| Account Closure*** ~ | $10.00 – $30.00 (non- taxable) |
| Insufficient Funds re Standing Orders ~ | $10.00 (non-taxable) Transaction Declines for |
| Insufficient Funds | 2 free per month and US$1.00 for each decline thereafter (non-taxable) |
| Fraud Protection Fee | EC$1.46 Monthly |
| Replacement Card | EC$35.10 |
| ATM Transactions done at SKNA | EC$1.76 |
| ATM Transactions done at non-BON and non-SKNA and all other foreign ATMS for amounts of less than $500.00 | EC$11.70 |
| ATM Transactions done at non-BON and non-SKNA and all other foreign ATMs for amounts over $500.00 | EC 2% plus 17% VA |
Point of Sale
| Wired Terminal Rental | EC$58.50 per month |
| Wireless Terminal Rental | EC$76.05 per month |
E-Commerce
| Retrieval Fee | US$10.00 (non-taxable) |
| Chargeback Fee | US$15.00 (non-taxable) |
| Set-up Fee | US$250.00 |
Value Added Tax (VAT) of 17% will be charged on the commission stated below:
| Equities | |
| 0 – $5,000 | 2.5% |
| $5,001 – $10,000 | 2.0% |
| $10,001 – $50,000 | 1.5% |
| $50,001 – $250,000 | 1.0% |
| $250,001-$500,000 | 0.75% |
| $500,001 – $1,000,000 | 0.70% |
| Over $1,000,000 | 0.65% |
| Treasury Bills/ Bonds | On The ECSE | Off Market |
|---|---|---|
| 0 – $10,000 | 1.0% | 0.50% |
| $10,001 – $100,000 | 0.75% | 0.35% |
| $100,001 – $250,000 | 0.60% | 0.25% |
| $250,001 – $500,000 | 0.55% | 0.15% |
| $500,001 – $1,000,000 | 0.50% | 0.10% |
| Over $1,000,000 | 0.45% | 0.0875% |
| Savings Accounts | |
| Regular Savings | 2.00% p.a. |
| Youth Savers | 2.25% p.a. * |
| US$ Savings | 0.50% p.a. |
| Priority Savings | |
| Up to $25,000 | 2.25% |
| Over $25,000 | 2.50% |
| Gold Club Savings | |
| Up to $25,000 | 2.00% |
| $25,001—$100,000 | 2.25% |
| $100,001—$ 500,000 | 2.50% |
| Over $500,000 | 2.75% |
| Fixed Deposit Account | 12 mths |
| *East Caribbean Dollars | 2.00%
|
| United States Dollars – Up to $500,000 | 0.50% |
| United States Dollars – Over $500,000 | 0.75% |
* Rates may increased based on deposit amount.
| Online Banking/EFT Charges | EC |
| EFT Transfer to other institution done in branch | EC$10.00 + VAT |
| EFT Transfer to other institution online | $2.34 |
| Bill payment online | $2.34 |
| Bill payment in branch | $23.40 |
| EFT (one time payment) | $11.70 |
| EFT (insufficient funds) | $87.75 |
| EFT return/ Stop File | $58.50 |
| Monthly EFT Charge (Payroll) | $23.40 |
| EFT Company Payroll (Cost per file) | $5.85 |
| EFT cost per item (Company payroll) | $1.1o |
| EFT Standing Order | $3.51 |
| Photocopy of Documents | EC$5.85 per sheet |
| Special Letters (Universities etc.) | EC$35.00* (non-taxable) |
| Cheques sent on collection | EC$58.50 |
| Cheques received on collection | EC$35.00 |
| Reference Letters | EC$40.95 |
| Audit Confirmation | EC$58.50 |
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