EQIBank Fees

BANKING FEES*

Higher fees may be applied to certain types of businesses

Account Application Fee (Non-refundable)USD 1,000
All accounts minimum balanceUSD 5,000

Establishing A New Standing Order

Internal TransfersUSD FREE
External TransfersUSD FREE
Dormant Account Monthly FeeUSD 250.0
Investigation FeeUSD 200.0
OverdraftUSD 150.0
Wire ConfirmationUSD 75.0
Return Wire FeeUSD 75.0

Letter of Reference

3 daysUSD 100
24 hoursUSD 500

USD Account

Monthly Maintenance Fee (Free of charge when the average annual balance over 5 million)USD 100
Monthly Fee (Charged when the average balance lower than minimum requirement)USD 100
Audit ConfirmationUSD 100
Term Deposit Breakage Min. fee (plus any interest differential)USD 500
Wire Transfer Payment TracerUSD 75
Receipt of Funds% 0.25
Wire Transfers (minimum $65 and maximum $1,000)% 0.25
FX MarginBy currency

EURO Account 

IBAN/issue-setupEUR/GBP 500
Monthly Maintenance Individual IBANEUR 150.0
Receipt of Funds% 0.25
Sending funds SEPAEUR 5
Faster Payment GBPGBP 5
FX Primary (top 10 currencies)% 1
FX Secondary (Exotics)% 2
SWIFTEUR 55
Deposit fees. Calculated daily per annum % 1

*Banking fees will change from September 1, 2020

CARDS FEES

Global Secured Credit Card

Card Financing Interest0%
Annual Fee$100.00
Application Fee$12.50 

 Transaction Fee 

Foreign Transaction Fee4.00%
POS Purchase$0.25
ATM Fees$4.00 + 2.50%
ATM Balance Inquiry$1.50
Card Load Fee 0.75%(5$minimum)

 Penalty Fees 

Late payment commissionNo Fee 
Overdraft Fee$25.00
Replacement Card Fee$25.00 
CUSTODY FEES

Digital Asset Custody 

$500,000 -$50,000,000bps 25
$150,000,000.01-$500,000,000.00bps 20
$500,000,000.01-$999,000,000.00bps 15

Setup and fees Fees

Account SetupUSD 5,000
Minimum Annual FeeUSD 5,000
Payment of FeesFees debited monthly

Traditional Asset Custody
Price on request

Issued by EQIBank Limited, of EQIBank Limited, 24 Hillsborough Street Suite II, Roseau, Dominica, which is licensed to conduct Banking Business by the Financial Services Unit. The Site is primarily intended for those who access products and services from outside the Eastern Caribbean Currency Union. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking or investment activity or any offer to buy or sell any securities or other instruments. EQIBank reserves the right to adjust fees at any time. EQIBank reserves the right to amend, withdraw or not release any product or services at its sole discretion.