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 balance | USD 5,000 |
Establishing A New Standing Order
| Internal Transfers | USD FREE |
| External Transfers | USD FREE |
| Dormant Account Monthly Fee | USD 250.0 |
| Investigation Fee | USD 200.0 |
| Overdraft | USD 150.0 |
| Wire Confirmation | USD 75.0 |
| Return Wire Fee | USD 75.0 |
Letter of Reference
| 3 days | USD 100 |
| 24 hours | USD 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 Confirmation | USD 100 |
| Term Deposit Breakage Min. fee (plus any interest differential) | USD 500 |
| Wire Transfer Payment Tracer | USD 75 |
| Receipt of Funds | % 0.25 |
| Wire Transfers (minimum $65 and maximum $1,000) | % 0.25 |
| FX Margin | By currency |
EURO Account
| IBAN/issue-setup | EUR/GBP 500 |
| Monthly Maintenance Individual IBAN | EUR 150.0 |
| Receipt of Funds | % 0.25 |
| Sending funds SEPA | EUR 5 |
| Faster Payment GBP | GBP 5 |
| FX Primary (top 10 currencies) | % 1 |
| FX Secondary (Exotics) | % 2 |
| SWIFT | EUR 55 |
| Deposit fees. Calculated daily per annum | % 1 |
*Banking fees will change from September 1, 2020
CARDS FEES
Global Secured Credit Card
| Card Financing Interest | 0% |
| Annual Fee | $100.00 |
| Application Fee | $12.50 |
Transaction Fee
| Foreign Transaction Fee | 4.00% |
| 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 commission | No Fee |
| Overdraft Fee | $25.00 |
| Replacement Card Fee | $25.00 |
CUSTODY FEES
Digital Asset Custody
| $500,000 -$50,000,000 | bps 25 |
| $150,000,000.01-$500,000,000.00 | bps 20 |
| $500,000,000.01-$999,000,000.00 | bps 15 |
Setup and fees Fees
| Account Setup | USD 5,000 |
| Minimum Annual Fee | USD 5,000 |
| Payment of Fees | Fees 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.