ADVANCES

Application Fee

Up to $3M: $3,000

Over $3M to $8M: $5,000

Over $8M to $10M: $6,000

Over $10M to $15M: $7,000

Over $15M to $25M: $8,000

Over $25M: $10,000

Statement of Interest Paid for Audit & Tax Purposes

$3,000 same year

$4,000 previous year

Same day request: fee + $1,000

Minimum Interest on Overdrawn Account

Corporate Chequing Account: $2,500

Personal Chequing Account: $2,000

Letter of Introduction to Embassies

$6,000

Letters / Credit Report to Local Companies / Entities

$5,000

Letters/ Credit Report to Overseas Banks/ Institutions

$7,000

Overdraft Facilities (New / Extension / Renewal)

Retail: $10,000 – $25,000

Commercial: $25,000 – $200,000

Notification Letters for Arrears

$2,000

Urgent/ Temporary Facilities & Excess on an Approved Facility

$10,000 – $25,000

Payment of Insurance Premium

$3,000 + Draft Charge

Field Call Charges

$2,000 – $3,000 per visit

Uncollected Securities (Not Uplifted After 3 months)

$5,000 semi-annually

CHEQUING ACCOUNTS

Cheque Books

$57 per cheque leaf

Urgent Orders: $57 per cheque leaf + $2,000

Encashment of Bank of Guyana Cheques

$1,000

Maintenance Fee

$100 per month

Cash Deposit of Unsorted Notes

$1,000 per bundle

Stop Payment Instructions

$2,000 per cheque leaf

SAVINGS ACCOUNTS

Overactive Accounts

$100 per withdrawal in excess of 5 per month. (No charges for ATMs and POS)

Passbook (New & Additional)

Not Applicable if Account Holder is a Senior Citizen

$1,000

Withdrawal Over the Counter on Statement Savings Account

$300 per withdrawal below the ATM daily limit.

FOREIGN TRADE

CFC Maintenance Fee

USD, EUR, GBP & CAD 5.00 per month

Cost of Drafts

G$2,000

Commission on Foreign Cheques (Bank of New York)

1% – Minimum G$200/ Maximum G$2,000

Inward Transfers to GYD Account

1% – Minimum G$400/ Maximum G$2,500

Inward Transfers to USD Account

Us$12

Foreign Currency Sold

G$300

Transfer Between Accounts (USD)

Us$15

Foreign Currency Standing Orders

USD, EUR, GBP & CAD – 2 .00

Dormant/ Unclaimed Charge

US$5 per month

Power of Attorney Authorization

G$15,000 per withdrawal (request should not exceed G$500,000) + the cost of authenticating the POA. G$5,000 per transaction within the same period of authentication.

Third Party Withdrawal

G$2,000 + G$300 for Debit Advice

NIGHT DEPOSIT SERVICES

Cost Per Disposable Deposit Bag

$200 + VAT

Use of Night Deposit Service

No Charge

Night Deposit Discrepancy Charge

$500

Deposit Through Night Bags

$150 per deposit

SAFETY DEPOSIT BOXES

Box Size: 10x10x24

$50,000 + VAT

Forcing Box & Replacing Lock

$5,000 + Technician’s Fee

CASH HANDLING

Cash Handling Charge

Cash Deposit above $5M (one off or montly) will further be evaluated on the following criteria in order to levy a charge of 0.2% to 0.5% on all cash deposits above $5M.

 -Where cash deposit exceeds total deposit by 50%

-Where the percentage of deposits withdrawn exceeds 80%

-Cost / Benefit of the relationship

Bulk Cash Service

Up to $1M: $3,000

Over $1M to $5M: $5,000

Over $5M to $10M: $7,000

Over $10M: $10,000

Where a deposit or withdrawal results in the need for cash shipment, cost is borne by the account holder.

BILLS FOR COLLECTION

Courier Charges

$1,000 + Fees

OTHER CHARGES

Standing Orders

$200 per instruction (cancellation after 3 months for NSF reversals + a charge of $1,000)

Manager’s Cheques

$2,000 (0.75% if paid in cash for amounts of $500,000 and over)

Registered Mail

Cost determined by GPO

Retrieval of Voucher from Archives

Current year – $500 per item

Any other period – $1,000 per item

Breaking of Term Deposit Before Maturity

No interest paid if terminated prematurely

No interest and a fee of $2,000 if TD is cancelled before the first roll.

Replacement of Lost Certificate of Deposit

$1,500

Encashment of Other Branch Cheques

0.15% (Maximum – $2,000)

ATM Deposit Discrepancy

$500

Utility Bills

$50 per item (online) [payable by utility company]

$75 per item (OTC) [payable by utility company]

Processing of Probate and Administration Fee

$5,000 per validation

Duplicate Statement

$500 per page

ATM Withdrawal

$50

Returned Cheques

Return by us – $1,500

Return to us – $1,000

Payroll Service/ Processing

$200 per item payable by employer

$100 – EFT Outgoing

$50 – EFT Incoming

Online transfers between DBL accounts – $50

Certificate of Balance

Standard Cost: $3,000

Same day – $4,000