Account Fees
Account Fees
- CHEQUING ACCOUNTS (EC$ & US$)
(BUSINESS & PERSONAL) - SAVINGS ACCOUNTS
- JUNIOR SAVINGS
- GOLDEN SAVINGS
- FREEDOM 55
(BUSINESS & PERSONAL)
Minimum To Open | $300 |
Monthly Service Charge | $20 |
Per Item Charge: Per Debit | 2 free, Thereafter $1.50 per item |
Per Credit | $1.50 per item |
Deposit books (personalized) | $10 + Cost |
Cheque Books | $5 + Cost + Stamp Duty |
Unauthorized Overdraft Interest | 16% min $35 + $30 per Cheque Administration Fee |
Overdraft Administration Fee | $30 per Cheque |
Dishonoured Cheque Returned to Depositor | $30 per Cheque |
Returned Cheque - NSF | $100 |
Overdraft Protection - Excess Fee | 5% or minimum |
Stop payment Local Cheques | $50 |
* Charges for USD accounts will be applied in USD currency.
Minimum To Open | $100 |
Interest Rate | 2% p.a. |
Monthly Charge | $1 |
Required balance to prevent incurring a minimum balance fee | $100 |
Charge For Minimum Balance Violation (Per Month) | $10 |
Third-Party Transactions | $15 |
Closure of Dormant Account | $25 |
In-Branch transactions | 2 Free $5 thereafter |
ESTABLISH STRONG SAVING HABITS EARLY
Minimum Opening Balance | $100 |
Required balance to prevent incurring a minimum balance fee | $100 |
Interest Rate | 2.25% p.a. |
SAVE TOWARDS THAT SPECIAL GOAL
Minimum Opening Balance | $100 |
Monthly Deposits Must be in Multiples of | $100 |
Interest Rate | 2.25% p.a. |
Minimum Balance to Avoid Fees and Earn Interest | $100 |
Early Withdrawal Penalty | $50 or Interest Earned |
* WITHDRAWALS ONLY AFTER 12 CONSECUTIVE MONTHLY DEPOSITS
Minimum To Open | $10,000 |
Starting Age | 55 years |
Interest Rate | 2.1% |
Monthly Service Charge | $0 |
Charge For Minimum Balance Violation (Per Month) | If the balance falls below the minimum, the account will be treated as a regular savings account, and all benefits will be paused. |
Closure of Dormant Account | $25 |
In-branch transactions | 2 Free $5 thereafter |
Deposit Fees
Deposit Fees
Small Boxes | $200 per year |
Medium Boxes | $300 per year |
Large Boxes | $350 per year |
Extra Large Boxes | $400 per year |
Number of visits free per month | 2 |
Additional charge per visit exceeding 2 per month | $20 |
Box Drilling | Contractor Costs |
Night Deposit Services (Annual Fee) | $200 |
Night Deposit Disposable Bags: | $150 |
Night Deposit Wallet Fees: |
|
Replacement of Lost/Stolen/Broken Keys | $75 + Cost |
Lost/Damaged Wallets | $250 |
Night Deposit Cancellation | Non-refundable |
Minimum Opening Balance | $5,000 |
Interest Rate | 1.0% - 1.4% |
Term | 1 Year |
Early Termination | Interest Paid on months completed over 90 days. |
Minimum Opening Balance | $5000 |
Interest Rate | 1.0% - 1.4% |
Term | 1 Year |
Early Termination | Interest paid on months completed over 90 days. Interest forfeited if terminated before 90 days. |
Document Fees
Document Fees
E-Statement | Original Fee |
Duplicate Statement (Print or Email) | $10 per month |
Certification/ Confirmation of Balance/ Reference Letter | $50 |
Letter to Embassy | $50 |
Statement of Interest Paid for Income Tax Purposes | $50 |
Set-up Fee | $25 |
Monthly Fee - External - To Transfer funds locally | $40 + Stamp Duty |
Cash Management | $5 |
Amendment / Cancellation | $25 |
Current Year | $50 |
1 Year prior to Current Year | $60 |
2 Years prior to Current Year | $75 |
3 Years prior to Current Year | $100 |
4 Years prior to Current Year | $200 |
5 Years Prior to Current Year | $200 |
In excess of 5 Years prior to Current Year | $250 |
Credit Bureau / Overseas Bank | $50 + Airmail/ Telex |
Credit Reports | $50 |
Transfer Fees
Transfer Fees
Local/ Managers Draft | $30 + Stamp Duty |
Issuing replacement Local Draft/ Managers Cheques | $50 |
International Money Orders Drafts - Foreign Drafts Purchased in any currency |
$120.20 + Correspondent Bank Charges |
Payments for Collection, etc. paid for in cash, cheque etc. of the same currency | 1% Commission + Correspondent Bank Charges |
Tracers on Drafts/ Money Orders | $100 + Correspondent Bank Chargers |
Forward Exchange Contracts | $100 per contract, 0.5% loading on rate |
Cashing / Negotiating Foreign Instruments | Minimum $20.20 + 1% |
Travelers Cheques cashed in USD | US$20.20 per item |
Cheques drawn outside of Correspondent Bank Network | Minimum US$50 / EC$135 + Other Bank Charges |
Transfer between Accounts | Free |
Check Balances | Free |
E-Statements | Free |
Electronic File Transfer (EFT) Fee | $1.50 |
OUTGOING | |
To the Caribbean | Online or via App $55/ In-branch $65 + Correspondent Bank Charges |
To the United States | Online or via app $100 / In-branch $120 + Correspondent Bank Charges |
To Canada | Online or via App $100 + 0.75% / In-branch $120 + 0.75% of Transaction Amount + Correspondent Bank Charges |
To the Rest of the World | Online or via app $100 / In-branch $120 + Correspondent Bank Charges |
INCOMING | |
To credit an account at one of our branches |
$30 |
Tracers on Wire Transfer | $25 + Correspondent Bank Charge (USD200) |
Return wire payments: Incoming and Outgoing | $25 + Correspondent Bank Charges |
Online or via the App | Free |
Research of Bill Payment | $10 per item |
Bill Payment and Payment Fees for third parties via the App (Merchants) | $1 per transaction for vendor |
Early Account Closure: Within 30 days | $60 $50 $40 No Charge |
Third-party Fee Payments made over-the-counter that require the third-party triplicate voucher (payable by vendor) | $5 |
Voucher / Other Search | $50 per hour, subject to minimum $50 |
Transfer within Territory | $15 |
Cash Handling Fee: Large cash deposits/withdrawals (In-Branch) | 0.2% on accounts of $5,000 or more per day |
Coins supplied | 1.25% |
Notice for Inactive / Dormant Accounts | $15 p.a |
Incoming Telephone / Email / Fax request | $20 |
ATM withdrawal charges | $1.00 charged on all off-site ACB Caribbean ATM machines |
Reactivation of Dormant Account Deposit | $10 |
Cheque Cashing Fee (Non-Account holder) | $3 per cheque |
Returned Cheques Charge | $50 + Foreign Bank Charge |
Barbuda Bill Payment fees for third parties (e.g. Schools & Landlords) | $3 per bill paid |
Immediate credit of cheque proceeds | $15 |
Photocopy per page or duplicate receipt | $5 |
Business Services Fees
Business Services Fees
Late transmission of payroll file | $100 |
Manual Option Operational Charge (per payroll run) | $30 + $2.00 per employee paid |
Electronic Option: | $15 + $1.00 per employee paid |
Cash Payroll | 0.1% subject to Minimum of $30 |
Annual Administration Fee | $150 per merchant |
Discount Fee | Negotiable |
Additional Training at Customers request | $150 per one-hour session |
Rental of Machine | 1) $30 monthly rent for Dial & Internet |
Card Fees
Card Fees
- ACB SMART CARDS
- VISA CLASSIC CREDIT CARD
- VISA GOLD CREDIT CARDS & MASTERCARD GOLD CREDIT CARDS
- PLATINUM & PLATINUM BUSINESS CREDIT CARD
CLASSIC | GOLD | |
Annual Fee | $0 | $0 |
Replacement Card | $35 | $50 |
Emergency Card | $35 | $50 |
Additional Card | $35 | $50 |
Monthly Maintenance Fee | N/A | N/A |
Transaction Fee (ACB Caribbean ATMs) | $0 | $0 |
Transactions Fee (Other Banks ATMs) | 2% Minimum $10 | 2% Minimum $10 |
Transaction Fee (POS Terminals) | $0 | $0 |
Cash Advances (Other Banks) | 2% Minimum $10 | 2% Minimum $10 |
ATM Denial Fee (Other Banks) | $1.50 | $1.50 |
ATM Balance Enquiry | $1.50 | $1.50 |
Currency Conversion Fee | 1% | 1% |
PayPal Credits | $15 | $15 |
ATM withdrawals | + $1 for all offsite ATMs | + $1 for all offsite ATMs |
Membership Annual Fee (Primary) | $100 |
Membership Annual (Additional) | $50 |
Replacement Card (Primary) Replacement Card (Additional) | $35 $35 |
Emergency Card Fee | $50 |
Cash Advance Fee | 2% Minimum $10 |
Over Limit Fee | $50 |
Immediate Credit | $15 |
Late Payment Fee | $45 |
Minimum Payment | 5% Minimum $20 |
Statement Reprint (Only One) | $15 |
Statement History (More Than One) | $25 |
Change of Currency of Account | $25 |
Annual Interest Rates | 19.50% annually without rewards; 21% annually with rewards. |
Insurance (optional) | $0.41 per thousand ($) of |
REGULAR | REWARDS | |
Membership/ Annual Fee (Primary) | $150 | $150 |
Membership/ Annual (Additional) | $75 | $75 |
Replacement Card (Primary) | $35 | $35 |
Replacement Card (Additional) | $35 | $35 |
Emergency Card Fee (Primary & Additional) | $50 | $50 |
Cash Advance Fee | 2%, Minimum $10 | 2%, Minimum $10 |
Over Limit Fee | $50 | $50 |
Immediate Credit | $15 | $15 |
Late Payment Fee | $45 | $45 |
Statement Reprint (Only One) | $15 | $15 |
Statement History | $25 | $25 |
Change of Currency Account | $25 | $25 |
Minimum Payment | 5%, Minimum $20 | 5%, Minimum $20 |
Replacement Statement Fee | $25 | $25 |
Annual Interest Rates | 19.5% | 21.00% |
Insurance (Optional) | $0.41 per thousand (4) of Balnce per month | - |
PLATINUM | PLATINUM BUSINESS | |
Membership Annual Fee (Primary) | $200 | $200 |
Membership Annual (Additional) | $80 | $165 |
Replacement Card (Primary) Replacement Card (Additional) | $35 $35 | $35 $35 |
Emergency Card Fee (primary & Additional) | $50 | $50 |
Cash Advance Fee | 2% Minimum $10 | 2% Minimum $10 |
Over Limit Fee | $75 | $75 |
Immediate Credit | $15 | $15 |
Late Payment Fee | $100 | $75 |
Statement Reprint (Only One) | $15 | $15 |
Statement History (More Than One) | $25 | $25 |
Change of Currency of Account | $25 | $25 |
Minimum Payment | 5% Minimum $20 | 5% Minimum $20 |
Annual Interest Rates | 19.50 % Annually without rewards; 21% annually with rewards. | 19.50% Annually without rewards; 21% annually with rewards. |
Insurance (optional) | $0.41 per thousand | $0.41 per thousand |
¬ 1% CASH BACK / REWARDS POINTS
