List of Fees*

Application Compliance Fee

Effective 1st of January 2014, Caye International Bank has implemented an Application Compliance Fee of US$100.00 for each Non-US application and US$350.00 for US Applications respectively. This application fee is to be paid with the initial minimum deposit of US$1,000.00 for accounts to be activated.

Demand Deposit Accounts and Lifestyle Accounts 

  • Application Fee - 100
  • FACTA Fee - 250 (only for those 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 plus Correspondent Bank fees 
  • Unable to pay receiving bank (outgoing/incoming) 10.00 plus foreign bank charges 
  • Tracers - 35.00 plus foreign 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Cash - presented or withdrawn in person 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  • Cash Withdrawal (require 2 business days' notice) - 3% on the amount withdrawn 

General

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

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 the bank. All charges are illustrated in the currency the account is held.

Charges & Commissions

International Prepaid Visa Card Charges:

  • Loading Fee - 3% of the amount being loaded
  • Chargeback Fee - $40.00
  • Annual Membership Fee - $50.00
  • Courier Fee - depends on destination
  • Account Maintenance Fee - $3.00
  • Card Activation Fee $3.00
  • Declined Transaction Fee - $2.00
  • ATM Balance Inquiry - $2.00
  • ATM withdrawal - $5.00
  • Pin Change - $2.00
  • POS Purchase/Decline - $3.00
  • Inactivity Fee (After 90 days of inactivity) - $10.00
  • FX Fee - 3%
  • Cross-Border Fee - 3%

 *These fees are subject to change without notice at the discretion of the Bank.

 

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