Bank of Mauritius Template on Fees, Charges and Commission


Interest Rates & Service Charges
(Amount in MUR unless stated otherwise)
(Last updated 15.09.2023)
V.98/15092023IndividualsCorporatesOthers
(Applicable to Global Business & Individuals subscribed to segment bundles)
AINTEREST RATES (per annum)
1Deposits   
 
  • Savings
3.10%N/A
3.10%
 
  • Rupys Account
S + (0.00% - 0.20%)N/AS + (0.00% - 0.20%)
 
  • Call
N/AN/A0.0% - 0.25%
 
  • Term (MUR)
   
 
  • 7 days
1.00%1.00%1.00%
 
  • 03 months
1.50%1.50%1.50%
 
  • 12 months
S + (0.300% to 0.350%) (1)

S + (0.300% to 0.350%) (1)

S + (0.300% to 0.350%) (1)
 
  • 24 months
S + (0.440% - 0.560%) (1)
S + (0.440% - 0.560%) (1)
S + (0.440% - 0.560%) (1)
 
  • 36 months
S + (0.540% - 0.740%) (1)
S + (0.540% - 0.740%) (1)
S + (0.540% - 0.740%) (1)
 
  • 48 months
S + (0.840% - 1.160%) (1)
S + (0.840% - 1.160%) (1)
S + (0.840% - 1.160%) (1)
 
  • 60 months
S + (1.190% - 1.680%) (1)
S + (1.190% - 1.680%) (1)
S + (1.190% - 1.680%) (1)
 Note 1: S = MCB Savings Rate. Interest rate varies according to deposit period & interest payment frequency and is applicable on deposit amount up to MUR 25 million]   
 
  • Term (FCY)
LIBOR rates applyLIBOR rates applyLIBOR rates apply
2Credit Facilities (MUR)   
 
  • Prime Lending Rate (PLR)
6.75%6.75%6.75%
 
  • Credit cards
   
 
  • American Express Green cards
PLR + (9.50% - 13.50%)N/APLR + (9.50% - 13.50%)
 
  • American Express Gold cards
PLR + (9.50% - 13.50%)N/APLR + (9.50% - 13.50%)
 
  • Ÿ VISA Platinum/ Signature cards
PLR + 9.50%N/APLR + 9.50%
 
  • MasterCard/ VISA Classic cards
PLR + 13.50%N/APLR + 13.50%
 
  • MasterCard/ VISA Gold cards
PLR + 13.50%N/APLR + 13.50%
 
  • MasterCard PRIMO
PLR + 13.50%N/APLR + 13.50%
 
  • MasterCard/ VISA Corporate cards
N/APLR + 7%PLR + 7%
 
  • MasterCard/ VISA Business cards
N/APLR + 7%PLR + 7%
 
  • Other credit facilities - margin over PLR
   
 
  • Home Loan(2)
(PLR-0.850%) up to (PLR+2.500%)N/A(PLR-0.850%) up to (PLR+2.500%)
 
  • Car Loan(3)
PLR + (2.50% - 3.25%)PLR + (2.50% - 3.25%)PLR + (2.50% - 3.25%)
 
  • Educational Loan
PLR + (0.00% - 4.00%)N/APLR + (0.00% - 4.00%)
 
  • Personal Loan (3.1)
PLR + (3.00% - 8.00%)N/APLR + (3.00% - 8.00%)
 
  • Personal Loan guaranteed by cash
Fixed deposit rate + Margin p.a. (Minimum PLR)N/AFixed deposit rate + Margin p.a. (Minimum PLR)
 Note 2: Interest rate varies according to loan amount and customer category   
 Note 3: Interest rate varies according to level of financing   
 Note 3.1: Interest rate varies according to loan amount, DSR, existing facilities & customer category   
3Credit Facilities (FCY)


 
  • Margin over LIBOR
NegotiableNegotiableNegotiable
BDEPOSITS
4Savings Account   
 
  • Minimum account opening balance
   
 
  • Regular Savings Account
N/A1,000N/A
 
  • Junior Savings Account
N/AN/AN/A
 
  • Minimum credit balance to earn interest
   
 
  • Regular Savings Account
5,0005,0005,000
 
  • Junior Savings Account
N/AN/AN/A
 
  • Monthly service charge if credit balance falls below minimum balance
N/AN/AN/A
 
  • Statement fee on quarterly/ monthly issuance of paper statements of account
Note: June & December issuance free of charge.
Statement of account sent through e-mail is free. 		15 per issuance15 per issuance15 per issuance
 
  • Reissuance/ Replacement of passbooks/ Account card
25N/A25
5Current Account   
 
  • Minimum account opening balance
1,00010,0001,000 - 10,000
 
  • Cost of cheque book (per sheet)
5.0012.005.00 - 12.00
 
  • Monthly service charges
MUR 15 + VAT (4)MUR 35 + VAT0.00 - 35.00 (VAT excl.)
 
  • Ledger Fee
N/AN/AN/A
 Note 4: Including associations   
6Call Deposit Account   
 
  • Minimum balance
N/AN/AN/A
 
  • Minimum credit balance to earn interest
N/AN/AN/A
 
  • Monthly service charges
N/AN/AN/A
7Term Deposits (MUR)   
 
  • Minimum amount
100,000100,000100,000
 
  • Deposit withdrawn before maturity
   
 
  • Within 3 months of date for deposit
Interest forfeitedInterest forfeitedInterest forfeited
 
  • After 3 months of date for deposit
Penalty of 1% of deposit amount per annum calculated on the period between the pre-termination date and the maturity date.
 
   
8Term Deposits (FCY)   
 
  • Minimum amount
   
 
  • Deposit in Pound Sterling
5,000 GBP5,000 GBP5,000 GBP
 
  • Deposit in US Dollar
5,000 USD5,000 USD5,000 USD
 
  • Deposit in Euro
5,000 EUR5,000 EUR5,000 EUR
 
  • Deposit in Australian Dollar
7,500 AUD7,500 AUD7,500 AUD
 
  • Deposit in South African Rand
100,000 ZAR100,000 ZAR100,000 ZAR
9Foreign Currency Account   
 
  • Minimum amount
No minimum requiredNo minimum requiredNo minimum required
 
  • Minimum credit balance to earn interest
5,000 GBP/ USD/ EUR 7,500 AUD/ 100,000 ZARN/A5,000 GBP/ USD/ EUR 7,500 AUD/ 100,000 ZAR
 
  • Service fee on monthly statements of accounts
USD 10 + VAT every 6 mthsUSD 10 + VAT every 3 mthsUSD 10 half yearly - USD 15 per month
 
  • Deposit withdrawn before maturity
Penalty rate of 1.5% p.a. charged on amount being redeemed over the period between the date of pre-termination and the date of maturity of the depositPenalty rate of 1.5% p.a. charged on amount being redeemed over the period between the date of pre-termination and the date of maturity of the depositPenalty rate of 1.5% p.a. charged on amount being redeemed over the period between the date of pre-termination and the date of maturity of the deposit
 
  • Monthly charges on credit balances in account
   
 
  • CHF (Swiss Francs) accounts
Account balance (CHF):
-100,000 up to 10 million: 0.3% p.a.
-Greater than 10 million: 0.8% p.a. 		Account balance (CHF):
-100,000 up to 10 million: 0.3% p.a.
-Greater than 10 million: 0.8% p.a. 		Account balance (CHF):
-100,000 up to 10 million: 0.3% p.a.
-Greater than 10 million: 0.8% p.a.
 
  • Administration fee
N.AN.AN.A
 
  • Cash withdrawal fee
-In USD notes: 1.0%, min. 10/ max. 100 USD or equivalent
-In other currencies: 0.125%, min. 10/ max. 75 USD or equivalent 		-In USD notes: 1.0%, min. 10/ max. 100 USD or equivalent
-In other currencies: 0.50%, min. 10/ max. 75 USD or equivalent 		0.125% - 1.0%, min. 10 USD
 
  • Cash deposit fee
Not applicableNot applicable0.00 - 1%, min. 100 USD
 
  • Transfer commission charged on debit transactions (over and above standard charges applicable to debit transactions)
0.125%, min. 10/ max. 75 USD or equivalent0.50%, min. 10/ max. 75 USD or equivalent0.125% - 0.5%, min. 10/ max. 75 USD
CCREDIT FACILITIES
10Credit Cards   
 
  • Annual fee
   
 
  • American Express Green cards - Primary card
1,500 + VATN/A0.00 - 1,500 + VAT
 
  • American Express Green cards - Secondary card
1,000 + VATN/A1,000 + VAT
 
  • American Express Gold cards - Primary card
3,000 + VATN/A3,000 + VAT
 
  • American Express Gold cards - Secondary card
2,000 + VATN/A2,000 + VAT
 
  • VISA Platinum cards - Primary card
1,500 + VATN/A0.00 - 1,500 + VAT
 
  • VISA Platinum cards - Secondary card
1,000 + VATN/A1,000 + VAT
 
  • VISA Signature cards - Primary card
2,500 + VATN/A0.00 - 2,500 + VAT
 
  • VISA Signature cards - Secondary card
2,000 + VATN/A2,000 + VAT
 
  • MasterCard/ VISA Classic cards - Primary card
200 + VATN/A200 + VAT
 
  • MasterCard/ VISA Classic cards - Secondary card
150 + VATN/A150 + VAT
 
  • MasterCard/ VISA Gold cards - Primary card
950+ VATN/A0.00 - 950 + VAT
 
  • MasterCard/ VISA Gold cards - Secondary card
600 + VATN/A0.00 - 600 + VAT
 
  • MasterCard PRIMO (for both primary and secondary cards)
150 + VATN/A150 + VAT
 
  • MasterCard/ VISA Corporate cards
N/A1,200 + VAT per card1,200 + VAT per card
 
  • MasterCard/ VISA Business cards
N/A200 + VAT per card
[One-time set up fee: MUR 1,500 + MUR 200 per card] 		0.00 - 200 + VAT per card
[One-time set up fee: MUR 1,500 + MUR 200 per card]
 
  • FCY MasterCard Gold cards
N/AN/AUSD 150 + VAT
 
  • Replacement of lost/ stolen cards
   
 
  • American Express Green cards
Free of chargeN/AFree of charge
 
  • American Express Gold cards
Free of chargeN/AFree of charge
 
  • VISA Platinum/ Signature cards
Free of chargeN/AFree of charge
 
  • MasterCard/ VISA Classic cards
200 + VATN/A200 + VAT
 
  • MasterCard/ VISA Gold cards
Free of chargeN/AFree of charge
 
  • MasterCard PRIMO
200 + VATN/A200 + VAT
 
  • MasterCard/ VISA Corporate cards
N/A500 + VAT500 + VAT
 
  • MasterCard/ VISA Business cards
N/A100 + VAT100 + VAT
 
  • FCY MasterCard Gold cards
N/AN/AUSD 75
 
  • Cash Advance Fee
   
 
  • American Express Green cards
2% of amount withdrawn, Minimum MUR 100 (4.2)N/A2% of amount withdrawn, Minimum MUR 100 (4.2)
 
  • American Express Gold cards
2% of amount withdrawn, Minimum MUR 100 (4.2)N/A2% of amount withdrawn, Minimum MUR 100 (4.2)
 
  • VISA Platinum/ Signature cards
2% of amount withdrawn, Minimum MUR 100 (4.2)N/A2% of amount withdrawn, minimum MUR 100 (4.2)
 
  • MasterCard/ VISA Classic cards
2% of amount withdrawn, Minimum MUR 50 (4.2)N/A2% of amount withdrawn, Minimum MUR 50 (4.2)
 
  •  MasterCard/ VISA Gold cards
2% of amount withdrawn, Minimum MUR 50 (4.2)N/A2% of amount withdrawn, Minimum MUR 50 (4.2)
 
  • MasterCard PRIMO
2% of amount withdrawn, Minimum MUR 50 (4.2)N/A2% of amount withdrawn, Minimum MUR 50 (4.2)
 
  • MasterCard/ VISA Corporate cards
N/A2% of amount withdrawn, Minimum MUR 502% of amount withdrawn, Minimum MUR 50 (4.2)
 
  • MasterCard/ VISA Business cards
N/A2% of amount withdrawn, Minimum MUR 50 (4.2)2% of amount withdrawn, Minimum MUR 50 (4.2)
 
  • FCY MasterCard Gold cards
N/AN/AUSD 75
 Note 4.2: applicable on withdrawal done locally & abroad   
 
  • Overlimit Fee
   
 
  • American Express Green cards
200N/A200
 
  • American Express Gold cards
200N/A200
 
  • VISA Platinum/ Signature cards
200N/A200
 
  • MasterCard/ VISA Classic cards
150N/A150
 
  • MasterCard/ VISA Gold cards
150N/A150
 
  • MasterCard PRIMO
150N/A150
 
  • MasterCard/ VISA Corporate cards
N/A150N/A
 
  • MasterCard/ VISA Business cards
N/A150N/A
 
  • FCY MasterCard Gold cards
N/AN/AUSD 10
 
  • Conversion Charge
   
 
  • VISA
- Conversion fee: 2.00%- Conversion fee: 2.00%- Conversion fee: 2.00%
 
  • MasterCard
- Conversion fee: 2.00%- Conversion fee: 2.00%- Conversion fee: 2.00%
 
  • AMEX
- Conversion fee: 2.00%N/A- Conversion fee: 2.00%
 Note: Conversion charges apply in case of cross currency transactions   
11Loans and Advances   
 
  • Credit Processing fee
  N/A
 
  • Unsecured loans
1% of facility amount, Minimum MUR 1,000
/ Maximum MUR 25,000 		1% of facility amount or as per loan contract1% (minimum/ maximum applicable for some loan types) or as per loan contract
 
  • Home loans
1% of facility amount, Minimum MUR 3,000/ Maximum MUR 50,000N/A1% (minimum/ maximum applicable for some loan types) or as per loan contract
 
  • Loans fully secured by cash collateral held with MCB
1% of facility amount, Minimum MUR 1,000/ Maximum MUR 3,0001% of facility amount, Minimum MUR 1,000/ Maximum MUR 25,0001% (minimum/ maximum applicable for some loan types) or as per loan contract
 
  • Loans fully secured by cash collateral held with other institutions
1% of facility amount, Minimum MUR 1,000/ Maximum MUR 25,0001% of facility amount, Minimum MUR 1,000/ Maximum MUR 25,0001% (minimum/ maximum applicable for some loan types) or as per loan contract
 
  • Other secured loans
1% of facility amount, Minimum MUR 1,000/ Maximum MUR 25,0001% of facility amount or as per loan contract1% (minimum/ maximum applicable for some loan types) or as per loan contract
 
  • Prepayment Option Fee (4.3)
0.75% of loan amount0.75% of loan amount0.75% of loan amount
 
  • Arrangement fee
N/AN/AN/A
 
  • Ledger fee
N/AN/AN/A
 
  • Commitment fee
1% of any undrawn balance as at 3 months after date of letter of conditions + 1% per annum for any subsequent period of 12 months1% of any undrawn balance as at 3 months after date of letter of conditions + 1% per annum for any subsequent period of 12 months1% of any undrawn balance as at 3 months after date of letter of conditions + 1% per annum for any subsequent period of 12 months
 
  • Early Repayment fee (4.3)
   
 
  • MCB Campus/ Home loans
1% of loan amount prepaidN/A1% of loan amount prepaid
 
  • Other loan types
2% of loan amount prepaid, Minimum MUR 3,000Interest on the amount paid in advance at the rate applicable to the loan from date the advance payment is made to the agreed date/s of repayment LESS interest on the amount paid in advance at the prevailing rate for fixed deposits for the same period/s as above or as per loan contract2% of loan amount prepaid, Minimum MUR 3,000 or as per arrangement
 Note 4.3: Not applicable for loans falling under the Borrowers´ Protection Act   
 
  • Insurance Handling fee
MUR 500MUR 500MUR 500
 
  • Valuation survey & Report fee (4.4)
0.5% of loan amount, Minimum MUR 1,000/ Maximum MUR 5,0000.5% of loan amount, Minimum MUR 1,000/ Maximum MUR 5,0000.5% of loan amount, Minimum MUR 1,000/ Maximum MUR 5,000
 Note 4.4: Not applicable in case of banking facilities of MUR 50,000 or less and renewal of a credit facility
Different pricing appliesfro properties in Rodrigues
   
 
  • Legal charges for creation of security documents (excluding Registrar's charges)
   
 
  • Fixed/ Floating charges
100100100
 
  • Gages sans deplacement
100100100

  • Erasure of charges
300 per charge
1000 per charge
1000 per charge
12Guarantees   
 
  • Performance bonds
   
 
  • Charge amount for the first MUR 5.0 m
1.5% per annum1.5% per annum1%, min. USD 500 - 1.5% p.a.
 
  • For any amount above MUR 5.0 m
1.0% per annum, Minimum MUR 1,5001.0% per annum, Minimum MUR 1,5001.0% p.a. (Min. MUR 1,500 - USD 500)
 
  • Amendment fee
500500500
 
  • Tender/ bid bonds
   
 
  • Charge amount for the first 180 days
1.0% flat, Minimum MUR 7501.0% flat, Minimum MUR 7501.0% flat, Minimum MUR 750
 
  • For each additional period of 90 days or part thereof
0.25% flat, Minimum MUR 7500.25% flat, Minimum MUR 7500.25% flat, Minimum MUR 750
 
  • Amendment fee
500500500
 
  • Advance payment bonds
   
 
  • Charge amount
1.0% per annum, Minimum MUR 1,5001.0% per annum, Minimum MUR 1,5001.0% per annum, Minimum MUR 1,500
 
  • Amendment fee
500500500
 
  • Retention money bonds/ guarantees
   
 
  • Charge amount
1.0% per annum, Minimum MUR 1,5001.0% per annum, Minimum MUR 1,5001.0% per annum, Minimum MUR 1,500
 
  • Amendment fee
500500500
 
  • Shipping guarantee
   
 
  • Charge amount for the first two months
800800800
 
  • For each additional period of one month or part thereof
300300300
 
  • Amendment fee
500500500
 Note: A processing fee shall be charged, where applicable, in addition to the fee charged for a Bank Guarantee transaction
DGENERAL SERVICES
13Treasury Bills   
 
  • Minimum account opening balance
N/AN/AN/A
 
  • Transaction Fee
N/AN/AN/A
14Debit Cards   
 
  • Annual fee
Free of chargeN/AFree of charge

  • Replacement of lost/ stolen cards
50 + VATN/A50 + VAT
 
  • Express debit card replacement fee
100 + VATN/A100 + VAT
 
  • Withdrawals
   
 
  • Bank´s ATM
Free of chargeN/AFree of charge
 
  • Other bank´s ATM
50N/A50
 
  • Abroad
1%, Minimum MUR 75 (Conversion fee 2% applicable over and above network charges)N/A1%, Minimum MUR 75 (Conversion fee 2% applicable over and above network charges)
 
  • Balance enquiry print request
   
 
  • Balance enquiry requested through MCB ATM
1.50N/A1.50
 
  • Balance enquiry requested through other bank ATM
10N/A10
 
  • Mini-statement request
   
 
  • For first two statements within a month
Free of chargeN/AFree of charge
 
  • As from the third statement within same month
3N/A3
 
  • Conversion charges
2.00%N/A2.00%
15Prepaid Card   
 
  • Card Issuance fee
   
 
  • UPI Prepaid Card
USD 5 + VAT/ CNY 30 + VATN/AUSD 5 + VAT/ CNY 30 + VAT
 
  • VISA Prepaid Card
(USD 5/ GBP 3/ EUR 4/ ZAR 55/ MUR 150) + VATN/A(USD 5/ GBP 3/ EUR 4/ ZAR 55/ MUR 150) + VAT
 
  • Replacement Card fee (UPI/ VISA Prepaid Card)
150 + VATN/A150 + VAT
 
  • Loading/ Reloading fee (UPI/ VISA Prepaid Card)
0.5% with,
-Minimum USD 2/ GBP 1.20/ EUR 1.50/ ZAR 20/ MUR 60/ CNY 10
-Maximum USD 65/ GBP 40/ EUR 50/ ZAR 700/ MUR 1,950/ CNY 400 		N/A0.5% with,
-Minimum USD 2/ GBP 1.20/ EUR 1.50/ ZAR 20/ MUR 60/ CNY 10
-Maximum USD 65/ GBP 40/ EUR 50/ ZAR 700/ MUR 1,950/ CNY 400
 
  • ATM Cash Withdrawal fee (UPI/ VISA Prepaid Card)
   
 
  • Through MCB ATM
Free of chargeN/AFree of charge
 
  • Through other ATM (local & overseas)
1.0%, minimum 75N/A1.0%, minimum 75

  • Conversion charges
   
 
  • UPI
2%2%2%
 
  • VISA
3%3%3%
16Others  N/A N/A
 
  • Telegraphic transfer (5)
   
 
  • SWIFT Transfer fee
Manual: 400 & IB: 250Manual: 500 / IB: 250250 - 0.15%, min. USD 40/ max. USD 85
 
  • Investigation charges 5.1
300300300
 Note 5: Overseas bank charges apply; amount varies according to country of destination
Note 5.1: Other charges may apply as claimed by overseas banks 		   
 
  • MACSS facility
   
 
  • Standard Payment
   
 
  • Through IB
Free of chargeFree of chargeFree of charge
 
  • At counter
50 per local outward transfer50 per local outward transfer40 per local outward transfer
 
  • Express Payment

  
 
  • Through IB
75 per local outward transfer75 per local outward transfer75 per local outward transfer
 
  • At counter
125 per local outward transfer125 per local outward transfer125 per local outward transfer
 
  • Instant Transfer

  
 
  • Juice
10 per local outward transferN/AN/A
 Note 6: In local currency only. Funds transfer in foreign currencies to another local bank will be treated and charged   
 
  • Handling of Payment Instructions
   
 
  • Fax/ Email fee (where applicable)
N/ARs 400 per transactionUSD 15 per transaction
 
  • Manual Handling fee (for original manual instructions)
N/ARs 200 per transactionUSD 15 per transaction
 
  • Third Party Wallet/Account (MUR Only)
   
 
  • Registration of MCB Account to a Third Party Wallet/Account
Free of chargeN/AN/A
 
  • Loading of Third Party Wallet/Account through pre-registered MCB Account
0.2%, max Rs 5N/AN/A
 
  • Audit confirmation certificate
   
 
  • For recurrent service
400400400 - USD 50
 
  • For ad hoc/ outside date request
800800800 - USD 75
 
  • Testimonial/ Banker´s reference fee
   
 
  • Educational and medical purpose
   

  • For the first copy
1001000 - USD 30

  • For each additional copy
25250 - USD 30
 
  • Travel purpose - For local residents
   

  • First 2 requests within same year
Free of chargePer request:
-First copy: 300
-Each additional copy: 100 		0 - USD 30
 
  • 3rd request within same year
300Per request:
-First copy: 300
-Each additional copy: 100 		0 - USD 30

  • 4th & subsequent request within same year
100Per request:
-First copy: 300
-Each additional copy: 100 		0 - USD 30
 
  • Travel purpose - For foreigners
   
 
  • First 2 requests within same year
Free of chargePer request:
-First copy: USD 20
-Each additional copy: USD 5 		0 - USD 30
 
  • 3rd request within same year
USD 20Per request:
-First copy: USD 20
-Each additional copy: USD 5 		0 - USD 30
 
  • 4th & subsequent request within same year
USD 5Per request:
-First copy: USD 20
-Each additional copy: USD 5 		0 - USD 30
 
  • Letter of reference
   
 
  • First 2 requests within same year
Free of charge5000 - USD 50
 
  • 3rd & subsequent request within same year
5005000 - USD 50
 
  • Clearance Certificate
   
 
  • First 2 requests within same year
Free of charge3000 - USD 25
 
  • 3rd & subsequent request within same year
3003000 - USD 25
 
  • Loan Balance Certificate
   
 
  • First 2 requests within same year
Free of charge3000 - USD 25
 
  • 3rd & subsequent request within same year
3003000 - USD 25
 
  • Certificate of balance
   
 
  • First 2 requests within same year
Free of charge500 - USD 25
 
  • 3rd & subsequent request within same year
50500 - USD 25
 
  • Payroll fee
   
 
  • Manual processing
N/A35 per item35 per item
 
  • Electronic list processing (CD)
N/A1.00 per item + MUR 500 per month1.00 per item + MUR 500 per month
 
  • Internet Banking Bulk Payment
N/A1.00 per item1.00 per item
 
  • Internet banking fee
   
 
  • ´View Only´ Option
Free of chargeFree of chargeFree of charge
 
  • ´All´ Option
Free of chargeFree of chargeFree of charge
     
 
  • Mobile Banking
   
 
  • Transfer transaction
Free of chargeFree of charge (7)Free of charge
 
  • Payment transaction
Free of chargeN/AFree of charge
 
  • Cash transaction
Free of chargeN/AFree of charge
 
  • ATM transaction
Free of chargeN/AFree of charge
 Ÿ
  • Funds transfer to a local Visa card
MUR 20 per transferN/AMUR 20 per transfer

  • Funds transfer to a Visa card abroad
MUR 200 per transferN/AMUR 200 per transfer
 
  • PayPal: Send money to PayPal user
Ÿ 		2% of transaction amountN/A2% of transaction amount
 
  • PayPal: Top-up PayPal account
2% of transaction amountN/A2% of transaction amount
 
  • PayPal: Withdrawal
Ÿ 		1.5% of amount withdrawn, minimum MUR 100N/A1.5% of amount withdrawn, minimum MUR 100
 Note 7: Fee applicable per company, irrespective of number of signatories   
 
  • Duplicate statement of account
   
 
  • Request for duplicate documents [including copy of IBAN, SWIFT transfer, BOOK transfer, statement of account]
    Note: In case the retrieval of documents needs to be done manually, the following pricing will apply: MUR 200 + MUR 10 per additional page
50 + Rs 10 per additional page50 + Rs 10 per additional page50 + Rs 10 per additional page

  • Statement of account or other documents (including copy of IBAN, SWIFT Transfer, Book Transfer) available on:
15 + Rs 5 per page15 + Rs 5 per page
 
  • Manual archives
100 + Rs 5 per page100 + Rs 5 per page 
 
  • Escheated Accounts (Abandoned Funds)
   
 
  • Processing fee before funds are transferred to Bank of Mauritius
200200200 - USD 25
 
  • Standing instructions/ Standing orders
   
 
  • Internal transfer
880 - 8
 
  • Transfer to other banks
303030
 
  • Failed standing order
1501500 - 150

  • Direct debit



 
  • Direct debit in favour of CEB, CWA & Mauritius Telecom as beneficiaries
660 - 6
 
  • Direct debit in favour of other companies
880 -8
 
  • Failed direct debit
1501500 - 150
 
  • Purchase of foreign cheques/ bank drafts
200(8)200(8)200 - USD 20(8)
 Note 8: Payment made by debit of account only   
 
  • Office cheque issuance
150 (9)150 (9)150 (9)
 Note 9: Payment made by debit of account only   
 
  • Cheque returned/ Dishonoured cheque
300 (Individual & Business Banking)350250-300
 
  • Fee on uncollected/ undelivered cheque book
125125125
 
  • Stop payment orders/ Stop cheque payment order
100125100

  • Special presentation of cheques



 
  • To local banks
    (minimum amount of Rs 200,000)
100 per cheque250 per cheque100 per cheque
 
  • From local banks
    (minimum amount of Rs 200,000)
250 per cheque
(Individual & Business Banking) 		250 per cheque150 - 250 per cheque
 
  • MCB cheques credited to MCB accounts
    (minimum amount of Rs 50,000)
100 per cheque200 per cheque100 per cheque
 
  • Cheques paid over the counter within one-month period:
   
 
  • First 25 cheques
Free of chargeFree of chargeFree of charge
 
  • For each additional cheque cashed within same period
20 per cheque (10)25 per cheque (10)20 per cheque (10)
 Note 10: Fee will be charged to the drawer's account on the 5th of each month for cheques cashed during the previous month for the first 50 cheques for Individuals and first 25 cheques for Corporates, if applicable   
 
  • Safe deposit lockers
   
 
  • Annual rental fee
2,000 - 10,000 (11) + VAT2,000 - 10,000 (11) + VAT2,000 - 10,000 (11) + VAT
 
  • Access fee
First 2 visits per month: Free
Additional visits within the same month: Rs 100 per visit 		First 2 visits per month: Free
Additional visits within the same month: Rs 100 per visit 		First 2 visits per month: Free
Additional visits within the same month: Rs 100 per visit
 
  • Key deposit fee
Rs 9,200 (paid upfront and refundable after cancellation of Safe Deposit Box service)Rs 9,200 (paid upfront and refundable after cancellation of Safe Deposit Box service)Rs 9,200 (paid upfront and refundable after cancellation of Safe Deposit Box service)
 
  • Replacement of lost or stolen key
Rs 9,200 (VAT inclusive)Rs 9,200 (VAT inclusive)Rs 9,200 (VAT inclusive)
 
  • Non-payment of annual rental fee
Failed standing order fee appliesFailed standing order fee appliesFailed standing order fee applies
 Note 11: Annual rental fee varies according to type of locker