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Service Charges
 
SERVICE CHARGES REVISED WEF 15.02.2014.
  1. VIREMENTS/SWIFT FROM INDIAN BRANCHES OR CORRESPONDENT BANKS(ORTT/IMPORT PAYMENTS):

(Amount in Euros)
   SLAB
(€uro)
PRESENT
(€)
PROPOSED
(€)
REMARKS
1 UPTO 100 10 10 *
2 101-   1000 20 20  
3 1001- 10000 30 30  
4 10001-30000 30 40  
5 30001-50000 40 50  
6 50001-70000 60 70  
7 70001-100000 70-90 90  
8 >100000 100 100  
*Note: 1. For messages with ‘Our’ extra:   50% of charges applicable.
2. For Investigation/query/repair: € 50/- each to compensate heavy charges levied by        our correspondent bank for such services.(AVOID REPAIR/INVESTIGATION)
3. Manager is allowed to use discretion to give concession/waive depends on merit.       
 
2. ICL –Inward receipts for Indian Branches or correspondent banks (Bill Payment/Export):
           

S.No
SLAB PRESENT PROPOSED REMARK
1 UPTO 1000 15 10 Query-€15 extra
2 1001-10000 15 20  
3 10001-50000 25 40  
4 50001-100000 40 60  
5 >100000 100 100  
 
3. TT (Foreign currency) 

S.No Slab Present Proposed-INDIVIDUAL   BUSINESS
1 Upto 1000 20 20 30
2 1001-5000 30 30 40
3 5001-50000 50 50 60
4 50001-100000 50 70 80
5 >100000 100 100 110

4.    Remittances (INR):


S.No
Type Present:
(€)
Proposed:
INDIVIDUAL(€)
Proposed
BUSINESS(€)
1 MT(Other bank) 20 € 20/- 30/-
2 WT(our bank) 15 Upto 1000/-: € 10 30/-
      >1000/-       : € 15 30/-
3 DD 25 € 25 30/-
4 PAN-DD 40 Min.€ 40 or actual Min.€40 or actual


5.  Issuance of Cheque de Banque          : € 25/-

6. Cheque collection:     


S.No
 Slab(€) Within France
(€)
Outside France  (€)
1 Upto 100
Up to 1000
  5
15
10
20
2 1001-10000 25 30
3 >10000 50 60
4 Bulk collection-A/cs : -Local Paris clearing: 3/- per Cheque
-France: as above
 As above
 
7. Deposits/accounts:    


S.No
Type Individual Business
1 Minimum balance in a/c 300 1000
2 Monthly service charge for not keeping minimum balance 5 10
3 Annual maintenance charge for Inoperative a/c 25 50
4 Cheque book charges(First free) 25/- 50/-
5 Cheque returned unpaid 25 40
6 Deposited Cheque returned unpaid 10 10
7 Closing of a/c within 3 months 20 50
8 Listing of stop payment 10 20
9 Cancellation of stop payment/Direct debits 10 25
10 Cash handling charges(other than remittances) 2 per thousand 3 per thousand
11 Copy of Cheque 15 20
12 Duplicate Statement of account > 6 months old 10 per page 10 per page
13 Investigation/Query of account 15 25
14 Legal notice/Garnishee/Tax /Tresor public seizure etc. 25 25
15 Change of address 15 25
16 Any other service Actual or 25 min. Actual or 25 min.
 
ADVANCES:

8. LC business/Trade Finance:


S.
No
Nature Charge(€) Minimum
(€)
Remark
1 LC pre-advice 50 50  
2 LC Advising 0.10% 150  
3 LC Amendment 100 100  
4 LC Negotiation 0.20% 150  
5 LC Confirmation 0.20% 250  
6 LC Acceptances 0.10% 100
(max :500)
 
7 LC Reimbursement Upto 100000
‘’   ‘’     1 Mn
  • 1 Mn
150
300
500
 
8 Suppliers Credit Under Usance LC/ Bills discounting under LC Discounting
@L+ Rate… +
 Lc Charges or All in cost in big deals
HC:    500 for each LC or LC charges
Lc charges /All in one(AIO) cost
Usual LCL
LC charges
Actual Lc
Or
All in cost
9 Import LC-Commission            2% p.a 200  
10 LC issuance - 200  
11 Bills retirement under LC 0.15% of bill amount 150  
+ Add:      
  Handling charges - 100  
  Courier/post - 100  
  Swift - 100  
  Misc./correspondence   200  
 
9.Guarantees Issued/Extn:


S.No
Item Charge Remark
1 BG Issuance/Extn charge 200+*  
2 BG Amendment charge 200  
3 *BG Commission:    
      -Counter guarantee of our Indian branches/Acceptable banks 1.50% p.a
Min. 300
 
  -Other banks 2% p.a-min.300  
  -Customer with TDR (110%) 1% p.a-min.200  
  -Customer-counter   Guarantee /other security 2.00%p.a-Min.300 Investigation or correspondence € 200/- extra.

10. Processing charges of loans: Minimum: 0.50% -Minimum: 50   Max: Negotiable

11. Legal/Document Charges : Actual or 500 minimum (wherever service required)

Note: 1.Service charges are subject to review/revision at the discretion of bank from time to time with 15 days’ notice on Bank web site or Branch Notice board.2.Branch manager is empowered to allow/revise concessions with 15 days’ notice for special customers depending on merit.
 

WE WILL PROVIDE INTERNET FACILITY FOR THOSE WHO ARE HAVING ACCOUNT WITH PARIS BRANCH AND YOUR MONTHLY STATEMENTS IN YOUR MAIL ID. PLEASE CONTACT US FOR DETAILS.


WE ACCEPT DEPOSITS FOR MIN. PERIOD OF 3 MONTHS AND ABOVE AND FOR SUBSTANTIAL AMOUNT FROM 30 DAYS AND ABOVE AS SPECIAL CASE.

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