Description     

Personal Accounts

Business Accounts

Maintenance Fees

$ 25 semi annually

$ 25 semi annually

Transaction Fees

Withdrawal

within the same branch accounts

FOC

FOC

within the inter branch accounts

FOC

FOC

Deposits

within the same branch accounts

FOC

FOC

within the inter branch accounts

FOC

FOC

Fund transfers

FOC

FOC

Inoperative fee (Dormant)

N/A

N/A

Minimum deposit to open an account

$ 100

$ 500

Minimum Monthly Average Balance

$ 20

$ 100

*Interest will be paid only for accounts that maintain the required minimum average balance.

Transaction without passbook

Deposit

N/A

N/A

Withdrawal

$ 10 per withdrawal

$ 10 per withdrawal

Account closure fee

$ 30

$ 30

Lost Passbook replacement fee

$ 30 per issue

$ 30 per issue

Other bank cheque deposits – immediate credit (zero days float)

$ 50 per transaction

$ 50 per transaction

Description     

Personal Accounts

Maintenance Fees

$ 25 semi annually

Transaction Fees

Withdrawal

within the same branch accounts

FOC

within the inter branch accounts

FOC

Deposits

within the same branch accounts

FOC

within the inter branch accounts

FOC

Fund transfers

FOC

Inoperative fee (Dormant)

N/A

Minimum deposit to open an account

$ 100

Minimum monthly AVG Bal Requirement

*Interest will be paid only for accounts maintaining required minimum Avg Bal requirement 

$ 20

Transaction without passbook

Deposit

N/A

Withdrawal

$ 10 per withdrawal

Account closure fee

$ 30

Lost Passbook replacement fee

$ 30 per issue

Other bank cheque deposits _ immediate credit

$ 50

Description             

Personal Accounts

Business Accounts

Minimum deposit to open accounts

$ 100

$ 500

Minimum monthly AVG Bal Requirement

$100

$ 200

Below Minimum AVG Balance Fee

$ 5

$ 20

Maintenance Fee

$ 90 Semi annually

$ 90 Semi annually

Cheque Book Issuance

50 pages- $ 25

50 pages -$25

25 pages-$ 12.50

25 pages-$ 12.50

Transaction Fees

Withdrawal

within the same branch accounts

FOC

FOC

within the inter branch accounts

FOC

FOC

Deposits

within the same branch accounts

FOC

FOC

within the inter branch accounts

FOC

FOC

Fund transfers

FOC

FOC

Inoperative fee (Dormant)

N/A

N/A

Account overdrawn fee+ interest on OD 2% monthly

Authorized

$ 50

$ 30

Unauthorized

2% monthly

2% monthly

Account closure fee

$ 30

$ 30

Other bank cheque immediate credit (zero days float)

$ 50 per transaction

$ 50 per transaction

Withdrawal without a cheque leaf (Counter Leaf Cheque Withdrawal)

$ 20

$ 20

Description     

Personal Accounts

Business Accounts

All Outward return (cheque drawn from MBf current accounts / inward clearing return)

$30 each cheque

$ 30 each cheque

Stop Cheque

$ 20

$ 20

Description     

Personal Accounts

Business Accounts

Minimum opening balance / Operating balance

$ 10,000

$ 25,000

Withdrawal at Maturity

Transfer to MBF

FOC

FOC

Transfer to Other Bank

$ 10

$ 10

Early Redemption Fees (for each Fixed Deposit Receipt)

$ 60

$ 60

**Interest will be calculated at 1.00% below the prevailing savings interest rate

Description     

Personal Accounts

Business Accounts

Issuance

By debiting an account

$ 10

$ 10

By paying cash

$ 25

$ 25

Repurchase of Bank Cheque

$ 10

$ 10

Lost Cheque / Cancellation

$ 10

$ 10

Description     

Personal Accounts

Business Accounts

Within MBf accounts

FOC

FOC

Transfer to Other Banks

$ 10

$ 10

Requested by email

With the bank

$ 10

$ 10

Other bank

$ 20

$ 20

Description     

Personal Accounts

Business Accounts

Within MBf accounts

FOC

FOC

Transfer to Other Banks or Banker’s Cheque

$ 10

$ 10

Rejected payments due to insufficient funds

$ 5

$ 5

Description     

Personal Accounts

Business Accounts

Large Cash Handling fee ($50,000 above)

FOC

FOC

Cash orders only for MBf account holders

FOC

FOC

Coins issuance per bag

FOC

FOC

Coin sorting and counting per container

$ 10

$ 10

Description     

Personal Accounts

Business Accounts

Certified Bank Statements / Other printouts

$ 5 per set

$ 5 per set

Other printouts (e.g.: Deed copy/ survey plan etc.)

$ 2 per set

$ 2 per set

Certified Balance Confirmation

$ 25

$ 25

Tax confirmation on interest paid or received

$ 30

$ 30

Voucher Retrieval

Standard-within 6 months

$ 5

$ 5

Historical-Over 6 months

$ 15

$ 15

Description

Personal Accounts

Business Accounts

Outward Telegraphic Transfer (OTT)

Processing Fees

New Zealand, Fiji

$ 30

$ 30

All other countries

$ 60

$ 60

Inward Telegraphic Transfer (ITT)

Credit to account

FOC

FOC

Letter of confirmation for receipt of funds

$ 25

$ 25

FCY Buy

Bank Customer

FOC

FOC

Non-Bank Customer

FOC

N/A

FCY Sell

Bank Customer

FOC

FOC

Non-Bank Customer

$ 10.00

N/A

Description

Personal Accounts

Business Accounts

Advising Credits – per transaction

$ 100

$ 100

Advising Amendments- per transaction

$ 100

$ 100

Negotiated by other bank – per transaction

$ 100

$ 100

Confirmation of Credit – per transaction

N/A

N/A

Acting as paying or reimbursing bank – per transaction

$ 100

$ 100

Transferable Credits – per transaction

$ 200

$ 200

Simple Transfer – per transaction

$ 200

$ 200

Involved Transfer – per transaction

$ 200

$ 200

Negotiations under Documentary Credits – per transaction

$ 200

$ 200

Description     

Personal Accounts

Business Accounts

Issuing Charges – % of LC amount one-off

2%

2%

Usace

1.50% monthly

1.50% monthly

Revolving Credits

N/A

N/A

Deferred Payment Credit (term)

N/A

N/A

Amendments – per transaction

$ 100

$ 100

Authorization of irregular drawings per transaction

$ 100

$ 100