It is our desire to provide customers with a banking service that
represents quality, efficiency and value for money. The items shown
below clearly describe the activities for which we do or do not
charge and are based upon the normal course of our business. As
such, the following tariffs become effective immediately.
We do not charge for the following services:
Transfers between Barclays Seychelles Accounts in the same
name FREE
Regular Statement FREE
Telephone Calls (local or international) FREE
Standing Order Set up FREE
Account Maintenance/Ledger Fees FREE
Inward Payments FREE
We pay you interest, our competitive rates are constantly
reviewed against the foreign markets using that latest Reuters
technology.
Account type
Minimum Balance
Interest Payment
Withdrawal Period
Call/Current Account
No Minimum
N/A
No notice required No penalty
Account type
Balance
Margin
Interest payment
Withdrawal period
Automatic Rollover of
USD 25,000
45 bps
Deposit on Maturity unless
USD 25,001-USD 100,000
40 bps
3 days notice in writing. If
Fixed
USD 100,001 -USD 250,000
35 bps
contract is broken USD100
Deposit
USD 250,001-USD 500,000
25 bps
fee for less than one
USD 500,000 - USD 1,000,000
20 bps
month plus penalty. l%of
USD 1,000,001 +
18 bps
the value for more than 1
month.
CHARGES
1) Payments FROM your account
Electronic Transfers
♦ 0.15% of the payment value
Min. USD 20, max. USD 65 (plus SWIFT message charge USD 20)
♦ 1% exchange loading on all
cross currency payments.
Internal Transfers to another
Barclays Client Account
USD 10
Draft/International Money Order
USD 30
Travelers Cheques
2%
Stop Payments request
USD 25 +Correspondent charges
Fixed Deposits
Cost of Making Payments against
Fixed deposits is USD 100.
2) Payments TO your account
Cheque/Draft
Collection/negotiation
0.5% minimum USD 50
Travelers Cheques
l%Min. USD 20
The Bank reserves the right of recourse to the customer if the
cheque/draft is returned unpaid. All charges levied by intermediary
banks will be for the account of the customer.
3) Statements of Account
You will receive, FREE, original statements via the post on
frequency determined by you.
If requested, an interim or duplicate statement can be prepared
and sent to you by fax/post:
Interim Statement preparation
USD 10
Additional Statement Request
USD 10
Statement query
♦ More than 1 months old USD 10
♦ More than 12 months old USD 25
Duplicates statements
USD 10
4) Barclays Trade Services
Barclays is a major international bank, represented in over 70
countries and, with over 300 years of banking experience, we know
how to support your international trade needs.
IMPORTS
Documentary Letter of Credit
(LC) Issuance (Opening)
0.25%, min. USD 100
Amendments Increase of amount
Extension of validity by 1 month or less Extension of
validity by more than 1 month Other
0.25%, min. USD 30 0.20% 0.40%
USD 30 flat
Payment Commission
0.25% minimum USD 50
Import Bills for collection
0.50% minimum USD 30
EXPORTS
Documentary Letter of Credit
(LC) Pre-advising
USD 30
LC Advising
0.125% maximum USD 250
LC Confirmation
0.50%
LC Amendment Advising
USD 30 flat
LC Payment
0.25% minimum USD 50
LC Transfer to 2nd beneficiary
0.25% maximum USD 250
Export Bills for Collection
0.25% minimum USD 30
TRANSFERABLE LC
Documentary Letter of Credit
(LC) Transferring
0.25%, min. USD 100
Amendments Increase of amount
Extension of validity by 1 month or less Extension of
validity by more than 1 month Other
0.25%, min. USD 30 0.20% 0.40%
USD 30 flat
Payment Commission
0.125% minimum USD 50
5) Other Items
Guarantees
2% minimum USD 100
Immigration/Security Bonds
USD 50
Cash Custody (Applicable to
Financial Institutions with custody agreements in place)
Administration Charge USD 1,250
per quarter in arrears.
Swift Confirmation
USD 10 per SWIFT
Balance/Audit Reports - Balances
only - with liabilities/Securities schedule
USD 40 USD 60
Status Enquiries/Bank Reference
♦ Replying to ♦ Obtaining
