No commission

1% on amount issued

• From American express

2% on amount issued

Minimum balance to open an account is 5,000 in USD / EUR / GBP and a balance of 2,000 is required to earn interest in the above mentioned currencies

0.5% commission in lieu of exchange on each debit entry. Processing fee of 1% is levied on deposits in bank notes and 0.5% in case deposits are in travellers' cheques, provided transaction is acceptable to the Bank.
Any bank charge claimed by overseas banks will be passed on to the customer's account. Withdrawal of notes from foreign currency account: 1% charged for USD notes, 0.5% charged for other currencies.

(i) Minimum deposit amount:5,000 in USD / EUR / GBP

(ii) Encashment of deposit prior to maturity is at the discretion of the Bank. Interest may be forfeited if funds are withdrawn within 3 months of date of deposit.

A penalty of 1% calculated from deposit date is charged on encashment of deposit prior to maturity date

Interest payable at 1percent below applicable rate for past period or savings rate whichever is lower + breakage cost as applicable