2016 RATES & SERVICE CHARGES GUIDE
For enquiries, comments or requests please call 0266019888 or visit www.fbnbankghana.com
NAME COMMITMENT FEE % FEE %
PROCESSING INSURANCE % TENURE MONTHS
Local purchase order (LPO)Invoice discount finance (IDF) Term loan Overdraft Mortgage loanAuto loan (scheme & salary)Personal loanSalary overdraft account (SODA)Bank guarantee
B. 1. BANKING SERVICES SERVICE FEES
Account OpeningService / Ledger fees: Personal Corporate FCA FEAAccounts ClosureBalance EnquiryReactivation of AccountsStatement Printing:Monthly statementAdhoc StatementConfirmation of Statement (Visa)Audit letters
Free
GH¢5GH¢20NilNilNilFreeFree
FreeGH¢3/pgGH¢15GH¢15
0
B. 2. CHEQUE / WB OPERATIONS SERVICE FEES
Savings Withdrawal BookletCounter (leaflet)Cheque Book 25-leavesCheque Book 50-leavesEncashment-FBN Bankers Draft Cheque Deposit (FBN Cheque)Cheque Deposit (Non FBN)Counter Cheque (After Cheque Book Issue)Returned Cheque: Lack of funds: ( 10% face value) Max Non-Technical reasonsSpecial Clearing: Min MaxStopped Cheque
GH¢5.88GH¢2GH¢3GH¢6FreeFreeFreeGH¢ 5
GH¢150GH¢10
11
GH¢20GH¢40GH¢20
B. 3. CASH OPERATION SERVICE FEES
Cash Deposit (Cash Box)Cash WithdrawalCash Collection:Within AccraWithin Defined ZoneOutstation Branches.
FreeFreeFreeFreeFreeFree
B. 4. TRANSFER / PAYMENT SERVICE FEES
Transfers within FBNCash Transfer to other Banks: (0.25%) Min MaxStanding Order: (Within FBN) (3rd Party Non-FBN)Bankers Draft: (0.5% face Value) Min Max
Free
GH¢5GH¢50
FreeGH¢2
GH¢5GH¢20
Zero$500, £300, €500
Zero$500, £300, € 500
C. 2. FOREIGN CASH OPERATIONS SERVICE FEES
Withdrawal from:Foreign Currency Account:(Fed with off-shore cheque & Transfer/ Remittance)Foreign Exchange Account:(Fed with off-shore cheque & Transfer/ Remittance)Foreign Exchange Account (Fed with cash)
FreeFree2.00%Free2.00%Free
C. 3. CHEQUE OPERATIONS SERVICE FEES ( $ £ € )
Returned Cheque Foreign: Min Max
Returned by foreign bank Stopped Cheque
Returned Cheque Foreign $20 $20
As per correspondent bank
$20
C. 4. INTERNATIONAL TRANSFERS SERVICE FEES ( $ £ € )
Outward Transfer Commission (FEA): (1.75% of face value) Min SwiftOutward Transfer Commission (FCA/GH¢): (0. 75%) Min SwiftAmendment of Transfer InstructionForeign Demand Draft: ( 1% of face value ) Min MaxInward TransferReturned of Funds
$30 £20 € 30$25 £13 € 15
$30 £20 € 30$25 £13 € 15
$25
$20$100
$ 25 £ 10 € 15
B. 5. E-BUSINESS SERVICE FEES
Easy Cash Card: Card Issuance fee Maintenance feeTransactions fee: FBN Bank's ATM Other bank's ATMCedi Master Card: Card Issuance fee Maintenance feeTransactions fee: FBN Bank's ATM Other bank's ATM (Ghana)International ATM withdrawal
POS:withdrawal: (local) (International)
WEB:withdrawal: (local) (International)SMS Alert
GH¢5Nil
0.25pGH¢1.30
GH¢20GH¢14
FreeGH¢3.50GH¢15
FreeFree
FreeFreeGH¢1
C. 5. DOCUMENTARY COLLECTION SERVICE FEES ( $ £ € ).
ImportHandling charges: Min Max Payment Commission: (0.75% of Face value) Doc. Transfer to other Bank
ExportHandling Charges: Courier Offshore Local Payment Commission
$25
GH¢50
GH¢50 $100
GH¢600.25% Face Value
C. 6. LETTER OF CREDIT SERVICE FEES ( $ £ € )
Export Advising commission Customers: Minimum Non-customers Handling Charges: Customers Minimum Confirmation Commission: Minimum Amendment commission: Minimum Postage / Courier: Offshore Local (Charge above GH¢50 by courier company will be transferred to customer)Cancellation Expired unutilizedTransfer of LCDiscrepancy if anyNegotiation
GH¢50GH¢100GH¢20
GH¢200.75% per qtr.
$50
$100 GH¢60
$100$100$100$100
0.25pqtr
C. 7. IMPORT SERVICE FEES ( $ £ € )
Cash BackedEstablishment comm. 100% cash Increase in Amount Note: qtr. ( Per Quarter )Payment Commission
Facility:Establishment comm.Other commission Amendment ChargeExtension of period- another quarter DiscrepancyConfirmation commission Maximum Cancellation fee
1%pqtr min $1001% qtr.(Inc. value)
0.3% of drawing amount
1.25%pqtr
$50+SwiftActual+SWIFT
$1001%pqtr
As per correspondent bank$200
1%1%1%
1%1%
1%1%2%
1.50%1.50%1.50%
1%NilNil
0.25%1.50%
Nil
1%NilNilNilNil
1% one off1%NilNil
90 DaysMax (60days)
36 Months12 Months
Up to 15 years60 Months36 Months
30 Days12 Months
INITIAL DEPOSIT
MINIMUM BALANCE
ACCESS LOANS
INTERESTRATE (P.A)
BALANCE FOR INTEREST
CHEQUE/WDBOOKLET
2050030
50200
DEPOSIT ACCOUNTSSavings AccountPrestige SavingsYoung Super Save Current Account: Individual Corporate
10100
50% of curr. Bal.
ZeroZero
YesYesYes
YesYes
Tiered2%+Tiered rate2%+Tiered rate
NilNil
1>1,000
>300
>1,000,000 >1,000,000
YesYesYes
YesYes
INITIAL DEPOSIT
MINIMUM BALANCE
ACCESS LOANS
INTERESTRATE (P.A)
BALANCE FOR
INTEREST
CHEQUE /WD
BOOKLET
C. 1. DEPOSIT ACCOUNTS
Current Account: Individual: FCA FEA Corporate: FCA FEA
Zero$100, £80, €100
Zero$100, £80, €100
YesYes
YesYes
NilNil
NilNil
NilNil
NilNil
YesYes
YesYes
A. LIABILITIES / DEPOSITS BUSINESS
B. BANKING OPERATIONS
C. FOREIGN TRANSACTIONS
D. LOANS / ASSET BUSINESS