Effective February 1, 2022

*                  – 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 monthsEC$58.50 – Personal/Coroprate
Third Party WithdrawalsEC$23.40
Passbook Update (5 entries free)EC$1.50 per item
Cheques returned unpaid by usEC$87.75
Cheques returned by other banksEC$87.75
Unauthorised OverdraftsEC$58.50
Multi-statement ChargeEC$17.55 per sheet
Interim SheetsEC$17.55 each
Overdraft InterestAgreed Rate
Interest on Unapproved Overdraft15%
Service Charge (minimum)EC$11.70 + $1.60 per cheque fee + Stamp Duty
Business AccountsEC$23.40
Written Verification of BalancesEC$29.25
Stop PaymentsEC$35.10
Stop Payment Orders (Corr. Banks Drafts)US$35.10
Transfers with written instructionsEC$23.40
Voucher Search (DDA cheques excluded)EC$58.50 per item
Dishonoured Foreign ChequesUS$35.10
Special Clearing of Foreign ChequesEC$50.00** (nontaxable)
Standing OrdersEC$29.25
Balance Certification/Bank StatementsEC$40.95
Replacement Savings PassbookEC$29.25
Urgent Transaction Request / Placing Items on FerryEC$29.25 per item
Excess withdrawal from Priority accountEC$29.25
Foreign Cheques Encashed (US only)$5 plus buying rates
Foreign Drafts/Manager’s Cheque SoldEC$11.70/US$5.85
Replacement Cheque ChargeEC$17.55/US$11.70**
Foreign Currency Transactions paid for in Foreign Currency Encashment2% plus 17% VAT

Travelers’ Cheques for Service (Discontinued)

USD Wires

Coming From:

XCD a/c104 + VAT 17.68 = $121.68
USD a/cUSD38.28 + VAT USD6.51 = USD$44.79

GBP, EUR, CAD wires

Coming From:

XCD a/c75.00 + VAT 12.75 = $87.75
USD a/cUSD35.00 + VAT 5.95 = USD$40.95
XCD wires63.50 + VAT 10.80 = $74.30
BDS wires50.00 + VAT 8.50 = $58.50
INCOMING WIREUS$23.40 inclusive of VAT
Returned WiresUS$35.10
Wire amendments/tracesUS$35.10 or as per corresponding bank charge
Commitment Fees1.% – 2.0% of loan plus 17% VAT
Minimum EC$100.00*
Overdrafts RenewalsEC 1.5% of amount loaned plus 17%


Undrawn loan after one year approvalEC 0.5% of 1% of sum
negotiated plus 17% VAT
Late Payment FeeEC$87.75 ~
Guarantees/IndemnitiesEC 2% of amount
plus 17% VAT***
Wallet RentalEC$234 p.a.
Temporary Night WalletAnnual Fee Prorated
(Minimum 1 Month Fee)
Lost/Damaged WalletsEC$175.50 plus cost of bag
Safety Deposit RentalEC$175.50 (small)
EC$187.20 (medium)
EC$234.00 (large)
EC$321.75 (Xlarge)
EC$351.00 (Jumbo)
Lost keysEC$58.50 plus cost of key
Safekeeping of Security Documents$35.10 p.a.
Visits re safekeeping one time free per monthEC$23.40 per entry after
Single Night Disposable BagEC$2.93
Initial Setup Fee (Business Card only)US$175.50
Annual Fee (Classic) PrimaryUS$46.80/EC$117.00
(Gold) PrimaryUS$70.20
(Business) PrimaryUS$87.75
Replacement CardUS$29.25
Emergency Card ServiceEC$100.00~ (nontaxable)
Late Payment FeeEC$40.95
Cash Advance Fee($10 min.) EC 3.0% plus 17% VAT


Duplicate StatementEC$5.00~ ** (non- taxable)
Overlimit FeeEC$40.95
Return Cheque FeeEC$25.00~ (non-taxable)
Miscellaneous Account Debit ~EC 2.0% min. or US$11.70
Urgent PaymentEC$35.00
Account Closure*** ~$10.00 – $30.00 (non- taxable)
Insufficient Funds re Standing Orders ~$10.00 (non-taxable) Transaction Declines for
Insufficient Funds2 free per month and US$1.00 for each decline thereafter (non-taxable)
Fraud Protection FeeEC$1.46 Monthly
Replacement CardEC$35.10
ATM Transactions done at SKNAEC$1.76
ATM Transactions done at non-BON and non-SKNA and all other foreign ATMS for amounts of less than $500.00EC$11.70
ATM Transactions done at non-BON and non-SKNA and all other foreign ATMs for amounts over $500.00EC 2% plus 17% VA

Point of Sale

Wired Terminal RentalEC$58.50 per month
Wireless Terminal RentalEC$76.05 per month


Retrieval FeeUS$10.00 (non-taxable)
Chargeback FeeUS$15.00 (non-taxable)
Set-up FeeUS$250.00

Value Added Tax (VAT) of 17% will be charged on the commission stated below:

0 – $5,0002.5%
$5,001 – $10,0002.0%
$10,001 – $50,0001.5%
$50,001 – $250,0001.0%
$500,001 – $1,000,0000.70%
Over $1,000,0000.65%
Treasury Bills/ BondsOn The ECSEOff Market
0 – $10,0001.0%0.50%
$10,001 – $100,0000.75%0.35%
$100,001 – $250,0000.60%0.25%
$250,001 – $500,0000.55%0.15%
$500,001 – $1,000,0000.50%0.10%
Over $1,000,0000.45%0.0875%
Savings Accounts
Regular Savings2.00% p.a.
Youth Savers2.25% p.a. *
US$ Savings0.50% p.a.
Priority Savings
Up to $25,0002.25%
Over $25,0002.50%
Gold Club Savings
Up to $25,0002.00%
$100,001—$ 500,0002.50%
Over $500,0002.75%
Fixed Deposit Account12 mths
*East Caribbean Dollars2.00%


United States Dollars – Up to $500,0000.50%
United States Dollars – Over $500,0000.75%

* Rates may increased based on deposit amount.

Online Banking/EFT ChargesEC
EFT Transfer to other institution done in branch$5.85
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 DocumentsEC$5.85 per sheet
Special Letters (Universities etc.)EC$35.00* (non-taxable)
Cheques sent on collectionEC$58.50
Cheques received on collectionEC$35.00
Reference LettersEC$40.95
Audit ConfirmationEC$58.50