List of Fees*

Application Compliance Fee

Effective 1st January 2014, Caye International Bank Limited has implemented an Application Compliance Fee of US$100.00 for each Non-US application and US$350.00 for US Applications respectively. Such fee is to be paid with the initial minimum deposit of US$500.00 in order for accounts to be activated.

Demand Deposit Accounts and Lifestyle Accounts 

  • Application Fee - 100
  • FACTA Fee - 250 ( only for accounts affected by FACTA regulations )
  • Corporate, Personal & Joint Accounts – 14.50 monthly service charge

Term Deposits

  •  Penalty for early closure 1% (minimum 500.00).

Loan Negotiation Fee

        1.8750% of consideration (minimum 500.00.)

Wire Transfers

  • Outgoing Transfer - 100.00
  • Transfer between accounts - 5.00
  • Incoming wire - 10.00
  • Unable to pay recieving bank (outgoing/incoming) 10.00 plus foriegn bank charges 
  • Tracers - 35.00 plus foriegn bank charges 

Cash - presented or withdrawn in person 

  • Cash Deposited (require 2 business days' notice) - 3% on the amount deposited 
  • Cash Withdrawal (require 2 business days notice) - 3% on the amount withdrawn 

Checks 

  • Check Deposit - 15.00 clearing fee per check plus clearing bank fees (33.00 + 1% of the value of the check)
  • Payment to a local beneficiary - 10.00 plus local delivery 
  • Bank drafts/Cashiers checks - 25.00 plus delivery 
  • Return Checks - 25 plus foriegn bank charges 
  • Stop payment - 25 plus foriegn bank charges
  • Check items sent on collection - 50.00 plus foriegn bank charges 

General

  • Withdrawal from initial deposit before 30days - 1/8% on amount (minimum $25)
  • Inactive acounts - no activity for 24months - 10.00 annually 
  • Dormant accounts - no activity for 36months - 20.00 annually 
  • Closure of account - within 6 months of opening  - 25.00 plus transfer (check/wire)

Administration Fees 

  • Courier charges - International - 50.00 minimum
  • Courier Charges - Local - 10.00 minimum 
  • Duplicate statements/Snapshot statements - 5.00 plus delivery 
  • Copy and bank certification of documents - 50.00
  • Letters of reference - 25.00
  • Standing Order - 10.00 plus cost of transfer (check/wire) 
  • Production of the voucher from the archives - 5.00 per item 
  • Certificate of balance or interest paid - 25.00 per item 
  • Photocopies - 5.00
  • Telephone/Facsimile charges - cost incurred on behalf of the client  

 

These charges are not binding to the bank and are subject to change without prior notice at the sole discretion of Caye International Bank Limited. All charges are illustrated in the currency the account is held.

Charges & Commissions

International Prepaid Debit Card Charges:

  • Loading Fee - 1% of the amount being loaded
  • Annual card membership Fee - 150.00
  • Encrypted statements - 5.00
  • Courier Fee - depends on destination

Charges to your MC Prepaid Card:

  • Initial Sign-up Fee (one time) - $50.00
  • Virtual Card & POS Transactions Fee $1.00
  • Declined Transaction Fee - $1.25
  • Monthly Maintenance Fee - $4.00
  • ATM Transaction Fee (in addition to any Charge made by the owner of the ATM) - $3.00
  • Chargeback Processing Fee - $55.00
  • Replacement Fee (if lost/stolen or damaged) - $50.00
  • Foreign Transaction Fee - 4%
  • Transaction Fee - $3.25 & $1.25
  • Card-to-Card Transfer - $5.00
  • Inactive Fee: Cards with no activity after 90 days incur a fee - $9.50
  • ATM Withdrawal / Cash Advance Fee - Domestic $5.00 / International $6.50
  • Customer Support and Interactive Voice Recognition Fee Call, per minute - $.00
  • There is a currency conversion fee for transactions done in foreign countries, where US dollar is not the currency.

 *These fees are subject to change without notice

 

Contact us with any questions or to open an account today >>