No.

Types of Fees and Charges

Description

1

Dormant Account

with balances more than USD5.00¹

5. Impose USD5.00¹ per year until the remaining balance is USD5.00¹ or less where the balance will be absorbed and account closed; OR
6. Impose USD5.00¹ per year until the seventh (7^th) year and send the remaining balance to the Registrar of Unclaimed Moneys.

with balances less than USD5.00¹

1. Balance absorbed and account closed

2.

Account Closure

USD10.00¹ if the account closed within 3 months from account opening date

3.

Outward Telegraphic Transfer

USD8.00¹

4.

Bank Statement Retrieval (Hardcopy)

USD5.00¹ of the equivalent currency per request for transaction within 7 years