EQIBank Fee Schedule
Banking
| Cash withdrawals: | € 0 (some cash machine providers may impose a charge) |
| Purchases: |
No additional EQIBank transaction charges when purchasing in Euros 3% Exchange Rate Adjustment applied to non-Euro transactions (including cash withdrawals and purchases) |
| Annual Fee: | Accounts <€5M Maintenance € 1’000 |
| Wire Transfer Fee: | € 100 |
| FX Margin: | 2.00% |
| Audit Confirmation: | € 100 |
| Bank Reference: | € 50 |
| Term Deposit Breakage Min. fee (plus any interest differential): | € 500 |
| Wire Transfer Payment Tracer: | € 50 |
Wealth Management
| Wealth Management services: | 1.00% |
Trust Services
| Establishment of Trust: | € 3,000 |
| Minimum Market Value per Trust: | € 4,000 |
| Annual Fee for Trust (excluded time costs): | 0.50% |
Cryptocurrency Exchange
No subscription fee (registration)
The EQI exchange does not charge a fee for account registration (individual or corporate)
Trading
| Each user is assigned a base currency pair (BTC/National Currency) at account registration, according to their country of residence. Trading fee for all pairs and products: | 0.15% |
| Deposit Fee: | free |
| EQI does not charge a deposit fee for its cryptocurrency exchange |
Lending
| EQIBank uses its low operating costs to pass savings on to clients. There are no hidden fees or charges: | • Interest rates are typically 12.5% – 15.0% APR. • Terms are 3 – 24 months with options to renew. • Loan to value ratio is a minimum of 60%. • Make monthly payments on the interest. Pay principal sum in full on the final payment. |
| National Currency Lending | 5.00- 7.00% APR |
Custody
| Custody Establishment Fee: | €100,000 |
| AUM Fee: | 0.1% per month |
| Minimum Balance: | €5,000,000 |
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.