FEES & CHARGES

SCHEDULE OF FEES & CHARGES (W.E.F. 26 TH SEPTEMBER 2003)

DEPOSIT RELATIONSHIP ACCOUNTS  

PASS BOOK SAVING BANK ACCOUNTS (WITHOUT CHEQUE BOOK)  

Nature of Fee

Charges/Periodicity

Remarks

Minimum Balance requirement

$50/-

 

Service Fee (Minimum Balance fee)

$2.00 per month

If Balance is less than $50/-

Collection of cheques Fee

Free

 

Withdrawal Fee

Free

 

Number of Free withdrawals

Unlimited

 

Account closure fee

$5.00

Within one year

Duplicate/Lost Pass Book

$10.00 each occasion

 

Standing Instructions

Internal Free  
External $10.00 each transaction  

Issue of Balance Certificate

$10.00 per certificate

 

Issue of Detailed Certificate

$25.00 per certificate

 

Search Fee

$5.00

Subsequent $10/- per hour

CHEQUE BOOK SAVING BANK ACCOUNT  

Nature of Fee

Charges/ Periodicity

Remarks

Minimum Balance Requirement

$250/-

 

Service Fee (Minimum Balance fee)

$5.00 per month

If Balance is less than $250/-

Collection Fee

$0.25 per item

 

Withdrawal Fee

Free

 

Number of Free Withdrawals

Unlimited

 

Account overdrawn Fee

$20.00 per day

Account closure Fee $20.00 Within One year

$10.00

Within Five years

Standing Instructions

Internal Free  
External $10.00 per transaction  

Issue of Balance Certificate

$10.00 per certificate

 

Issue of Detailed Certificate

$25.00 per certificate

 

Search Fee

$5.00 minimum

Subsequent $10/- per hour

Stop Payments

$10.00 per cheque

 

Issuance of cheque books

Free

Stamp duty as applicable to be recovered

FOREIGN CURRENCY ACCOUNTS

MINIMUM BALANCE  

Nature of Currency

Minimum Balance

Remarks

For Non- Resident Individuals
US Dollar $250  
Australia Dollar $500  
New Zealand Dollar $500  
EURO £ 250  
For Resident Firm/Organisations
US Dollar $1,000  
Australia Dollar $2,000  
New Zealand Dollar $2,000  

EURO

£ 1,000

 

  FEES & CHARGES IN FOREIGN CURRENCY

Nature of Fee

Charges/ Periodicity

Remarks

Minimum Balance Requirement

$2.00 FC per month

For balances below minimum requirements.

Withdrawal Fee

Free

 

Basic Maintenance Fee

$2.00 FC per month

 

Activity Fee

$0.20 FC per item

 

Duplicate Statement

$5.00 per statement

 

Account Closure Fee

$10.00 FC

If closed within 90 days.

$7.50 FC

If closed after 90 days.

Audit Certificate

$10.00 FC per certificate

 

Dormant A/c

$5.00 FC per half-year

 

Inward Credit TT

$10.00

 

DD / TC $10.00  
Cash - Nil -  
Issuance DD $10.00

Plus stamp duty charges

TT $25.00
TC 1.00% (Min. $ 10)

Cash

- Nil -

SPECIAL SERVICES (For Saving Bank Account)  

Nature of Fee

Charges/Periodicity

Remarks

Transfer of funds from one Saving Bank account to another Saving Bank Account of the same person among all our branches in Fiji

Free

With ordinary mode.

Instant payment of cheques drawn on other branches in Fiji .

Free

 

RECURRING DEPOSITS  

Nature of Fee

Charges / Periodicity

Remarks

Account Opening fee

Free

 

Maintenance/Service fee

Free

 

Issuance of Passbook

Free

 

Issuance of duplicate Passbook

$ 7.50

 

Late deposit of instalments

$ 2.00 per month

 

Prepayment of deposit (before maturity)

$10.00

 

TERM DEPOSITS

Nature of Fee

Charges / Periodicity

Remarks

Issuance of Renewal of Term Deposits

Free

 

Break Fee (Prepayment of Deposits)

$10.00

 

BUSINESS CHEQUE ACCOUNTS

(Current Account)  

Nature of Fee

Charges / Periodicity

Remarks

Minimum Balance requirement

$500/-

 

Minimum Balance Fee

$10.00 per month

Balance with $500/- and above no fee

Collection Fee

$ 0.25 per item

 

Maintenance Fee (Basic Fee)

$10.00 per quarter

 

Transaction Fee (Activity Fee)

$10.00 per sheet

 

Account overdrawn Fee

$25.00 per day

 

Inoperative Account Fee

$10.00 half yearly

If account remains inoperative continuously for One year

Account Closure Fee

$25.00

 

Standing Instruction
Internal (Within the Branch) $ 5.00 per instruction  

External (Other than Branch / Bank)

 $10.00 per instruction  

Issue of Balance Certificate

$15.00 per certificate

 

Issue of Detailed Certificate

$25.00 per certificate

 

Search Fee

$10.00 minimum

Subsequent $10.00 per hour

Stop Payment

$10.00 per instruction

 

Issuance of cheque books

$ 2.00 per 50 leaves book

Stamp duty as applicable to be recovered

ISSUE OF DEPOSIT BOOKS  

Nature of Fee

Charges / Periodicity

Remarks

Counterfoil

$ 5.00 per book

 

Duplicate

$ 7.50 per book

 

Triplicate

$10.00 per book

 

SPECIAL ANSWER FEE

Nature of Fee

Charges / Periodicity

Remarks

Cheques drawn on our Bank

$10.00 per item

 

Cheques drawn on other Banks

$20.00 per item

 

ISSUANCE OF STATEMENTS

Nature of Fee

Charges / Periodicity

Remarks

Issuance of duplicate statement

$7.50 per page

 

Computer Printout

$2.00 per page

 

DISHONOURED FEE

Nature of Fee

Charges / Periodicity

Remarks

Inward Dishonour (cheques deposited to accounts)

$10.00 per item

 

Outward Dishonour (cheques drawn on accounts)

$25.00 per item

 

BANK CHEQUE  

Nature of Fee

Charges / Periodicity

Remarks

Issuance Fee

 

 

Upto $10,000

$7.50 + actual stamp duty per cheque

 

Above $10,000

$10.00 -do-

 

Duplicate

$10.00 -do-

 

Repurchase/Cancellation of Bank cheque

$15.00

 

LENDING FEES (ALL PURPOSES FOR NEW / ADDITIONAL PORTION)

Establishment Fee/Processing Fees/Approval fees  

Nature of Fee

Charges / Periodicity

Remarks

For Loans and Overdraft Facilities:

 

 

Upto $1,000

$ 25.00

 

$ 1,001 to $ 2,500

$ 50.00

 

$ 2,501 to $ 5,000

$ 75.00

 

$ 5,001 to $ 10,000

$100.00

 

$10,001 to $ 20,000

$200.00

 

$20,001 to $200,000

1.00 %

 

Above $200,001

0.75 % ( Minimum $2000/- )

 

Loan Against Banks own deposits to Individuals

Free

 

Loan Against Banks Own Deposits to third party upto F$ 5000

Free

 

Loan Against Banks Own Deposits to Third Party above $ 5000/- and all Loans/ODs for business purposes

Charges applicable to other accounts as mentioned above

 

REVIEW FEE OF EXISTING ACCOUNTS

Nature of Fee

Charges/Periodicity

Remarks

For Loans and Overdraft Facilities:

 

No review fees for BOB Soft Loan/ BOB PC Loan / BOB Personal Loans.

Upto $1,000

$ 25.00

$ 1,001 to $ 2,500

$ 50.00

$ 2,501 to $ 5,000

$ 75.00

$ 5,001 to $ 10,000

$100.00

1% annual review fees on the O/s balance of BOB Home Loan/ BOB Car Loan.

$10,001 to $ 20,000

$200.00

$20,001 to $200,000

1.00 %

Above 200,001

0.75 % (Minimum $2000/- & Maximum $ 3000/- )

LOAN ADMINISTRATIVE FEE / CREDIT SERVICE FEE

(On Original / Reviewed limits which would vary from year to year)  

Nature of Fee

Charges / Periodicity

Remarks

Facility Payment:

 

 

Upto $1,500

$20.00 Half yearly

To be recovered every February and August

$ 1,501 to $ 5,000

$50.00 -do-

 

$ 5,001 to $ 10,000

$70.00 -do-

 

$ 10,001 to $ 30,000

$110.00 -do-

 

$ 30,001 to $ 50,000

$150.00 -do-

 

$ 50,001 to $ 70,000

$210.00 -do-

 

$ 70,001 to $ 90,000

$240.00 -do-

 

$ 90,001 to $100,000

$270.00 -do-

 

$100,001 to $200,000

$440.00 -do-

 

Above $200,000

0.25% -do-(Min $500/-) (Max. $3000/-)

 

BOB Soft/Personal/PC Loans

$ 20.00 Half yearly

 

BOB Home Loan / Car Loan

Free

 

OTHER LENDING FEES  

Nature of Fee

Charges/Periodicity )

Remarks

Inspection Fee
Agriculture Advances
Upto $10,000 $ 30.00 per visit  
$10,001to $25000 $ 60.00 per visit  
$25001 to $50000 $ 75.00 per visit  
Above $50,000 $100.00 per visit  
Other Advances    
Upto $1500/- No charges  
$1,501 to $10,000 $ 40.00 per visit  
$10,001 to $25,000 $ 75.00 per visit  
$25,001 to $50,000 $100.00 per visit  
$50,001 to $100,000 $150.00 per visit  
Above $100,000 $200.00 per visit  

Document Handling Fees  
Agriculture Advances
Upto 10,000 $ 25.00 (for all documents) 
Solicitors charges + Out of
Pocket expenses extra
$10001-$50000 $ 50.00 -do-  
Above 50,000 $100.00 -do-  
Other Advances    
Upto $1000/- Free  
Above $1,000    
One document $60.00 -do-
Additional Documents $25.00 per document -do-

Assignment/reassignment of life policies

$15.00 + actual Suva Office charges

 

Stamping/upstamping

$15.00 + actual Suva Office charges

 

Documents Discharge

$75.00 per document

 

Settlement Fee

$75.00 per settlement

 

Search Fee

$30.00

Subsequent $10/- per hour

Holding Fee (Commitment charges)

1.00% (applicable to unutilised portion of sanctioned limits over $200,000/-)

On quarterly basis

Opinion Fee:

Local

$25.00

Plus out of pocket expenses.
Overseas $50.00

Instalment Arrears Fee > 7 days

 

 
Upto $500 $ 5.00 per deviation

Instalment amount per

month

$501 to $1000 $10.00 per deviation
$1001 to $2500 $15.00 per deviation
$2501 to $5000 $20.00 per deviation
Above $5001 $25.00 per deviation

Excess Fee: Upto $5000

$25.00 per occasion

 

Processing $ 5,001 to $10,000 Fee

 $50.00 -do-  
$10,001 to $25,000 $100.00 -do-  
Above $25000 1.00% -do-  

FNPF Transfer Fee

$50.00 per application + FNPF Cost

 

Deviation in Terms & Conditions Fee

$100.00 per deviation

 

LINE FEE (Basic Activity Fee)  

Nature of Fee

Charges/Periodicity

Remarks

Basic/Maintenance fee

$10.00 per quarter

 

Transaction/Activity Fee:

$10.00 per statement.

 

GUARANTEES

Nature of Fee

Charges/Periodicity

Remarks

Financial Guarantees (Including Immigration Bonds)

1.00% per annum (Min $75/-)

 

Shipping Guarantees:

 

 

Upto 3 months

0.50% Half yearly (Min $50/- Max.100/-)

 

Beyond 3 months

$75.00 per quarter

 

DOC.LETTERS OF CREDIT - IMPORT

Nature of Fee

Charges/Periodicity

Remarks

Establishment charges

+ Postage / Stamp duty / Tlx / Fax

 

Sight L/Cs (Validity upto 6 months)

0.50% + 5.00 + actual + $10/- Min $30/-

 

Usance (DA) L/Cs (Validity upto 6 months)

 

 

Upto 60 days usance

0.50% Min $30/- -do-

 

Upto 90 days usance

0.625% Min $30/- -do-

 

Upto 120 days usance

0.75% Min $30/- -do-

 

Upto 150 days usance

0.875% Min $30/- -do-

 

Upto 180 days usance

1.00% Min $30/- -do-

 

Revolving L/C

Charges as above at the time of opening of L/C and also each subsequent reinstatement OR Establishment charges for full amount of Bills to be negotiated under the Revolving L/C may be recovered at the time of opening of respective Revolving L/C

 

Amendment to L/C

 

 

Extension of L/C (Validity over 6 months

$50.00 per amendment

 

Increase in L/C amount

$20.00 plus comm & charges as above

 

Amendment of any other nature

$30.00 each amendment

 

ADVANCE BILLS TRUST RECEIPT

(Import Bills Under LC)

Nature of Fee

Charges/Periodicity

Remarks

Upto 90 days straight plus extension

0.75% (Min $50/-)

0.5% for every single extension upto 30 days or part thereof, Min $20/- per 30 days period

For 120 days straight

1.00% (Min $50/-)

1% for every single extension upto 30 days or part thereof, Min $20/- per 30 days period

Dishonour AB/TR

$100.00 per entry

 

EXPORT

Nature of Fee

Charges/Periodicity

Remarks

Advising Credits

$30.00

 

Advising Amendments

$15.00

 

Adding confirmation to credits issued by all overseas Banks.

1.00% Min $50/-

 

Transferable Credits

 

 

Simple Transfer

$40.00 per transfer

 

Involved Transfer

$50.00 per transfer

 

Acceptance of Term Drawings

1.50% Min $30/-

 

Acting as paying or Reimbursing Bank for Credits available outside Fiji .

$50.00 per transaction

 

Payment Fee

$50.00 per transaction

 

Negotiation of drawings in either overseas currency or in Fijian currency

0.50% Min$30/- & Max $1000/-(for each draw down)

 

Negotiation without recourse to drawer where the credits specifically so provides or the customer so requests and the Bank agrees. For credits issued by all Banks.

1.00% ( Min $75/-)

 

EXPORT FINANCE  

Nature of Fee

Charges/Periodicity

Remarks

Lodging application to RBF

$10.00

 

For each draw down

$30.00

 

REMMITANCES, BILLS AND MISCELLENOUS SERVICES

FOREIGN REMITTANCES - INWARD  

Nature of Fee

Charges/Periodicity

Remarks

TT payable to our customers (direct)

$8.00 per transfer

 

TT payable to our customers through other banks

$10.00 -do-

 

TT payable to other banks

$15.00 -do-

 

FOREIGN REMITTANCES -OUTWARD

Nature of Fee

Charges / Periodicity

Remarks

Draft upto $5,000

$7.50 + Stamp Duty per item

 

Above $5,000 $10.00 + - do -

Advice of fate (placing a stop payment)

$15.00 + Stamp Duty per item

 

Draft repurchase/replacement /refund

$15.00 per item

 

Mail Transfer

$10.00 per item

 

T/T Payable Overseas

 

New Zealand/Australia/India $25.00 per transfer
Other countries $35.00 per transfer

INLAND REMITTANCES  

Nature of Fee

Charges/Periodicity

Remarks

Mail Transfer

$5.00 per transfer

 

Telegraphic transfer

$7.50 per transfer

 

COLLECTION INWARD (Commission Charges)  

Nature of Fee

Charges/Periodicity

Remarks

Inward : Our Banks Customers

$ 8.00

 

Other Banks customers $11.00

Import Bills:

0.50% Plus postage / Stamp Duty /Tlx / Fax

 

Foreign Inward Bills for collection

Min$30.00 + $5/- +actual + Min $10

 

Release of documents free of payment against undertaking to accept/pay relative draft in due course

$50.00

 

Extension of time

$30.00

 

Representation of Bill

$15.00

 

Delivery Order

$10.00 per delivery order

 

Bill dishonoured on due date for financial reason

$25.00

 

Bonding charges

$50.00 Commission plus other actual expenses inclusive of all telex cost and disbursements, etc.

 

Noting and protesting of dishonoured bills

$50.00 Commission plus solicitors cost and other actual costs and disbursements/expenses etc

 

Endorsement on Airway Bills & Post Parcel Receipts, prior to receipt of documents

$20.00 per document (other than

L/C documents)

 

Inland Bills for collection

$15.00

 

COLLECTION OUTWARD

Nature of Fee

Charges/Periodicity

Remarks

Export Bills :

 

 

Cheques, Drafts

$10.00 Plus Postage/Stamp Duty/Tlx/Fax

 

(Other than T/Cs) + $3.00 + actual + $10/-

Documentary Bills

0.50 Plus Postage/Stamp Duty / Tlx/Fax Min$30 + 7.50 + actual + $10/-

Bill to be considered dishonoured on due date if proceeds not received within 3 weeks after due date of bill

Dishonoured on due date $20.00
Extension of due date $20.00
Any further charges $20.00

Confirmation to RBF of receipts of export proceeds

$10.00 per confirmation

In respect of bills which are not routed through our Bank.

SAFE CUSTODY FEE

Nature of Fee

Charges/Periodicity

Remarks

Sealed envelope

$10.00 half year per envelope

 

Sealed small Packets

$25.00 half year per packet

 

Sealed Boxes

$50.00 half year per box

 

SAFE DEPOSIT LOCKERS

(25% concession in Locker rent to all Senior Citizens)

Nature of Fee

Charges/Periodicity

Remarks

Safe Deposit Locker: Small

$100.00 per annum

Plus refundable deposit of $200/-

Medium

$150.00 per annum

-do-

Large

$250.00 per annum

-do-

TRAVELLERS CHEQUES

Nature of Fee

Charges/Periodicity

Remarks

Sale of all currency travelers cheques

1.00% (Min $10/-)

 

MISCELLANEOUS CHARGES

  GANG PAYMENT

Nature of Fee

Charges/Periodicity

Remarks

Gang Payment

$15.00 per packet

 

  COMMUNICATIONS

Nature of Fee

Charges/Periodicity

Remarks

Conveying Fax message for clients

$5.00 per page

 

Photo Copy Charges

$1.50 per page