31 Jul 2010
 
SBM Product Fees
 
Others
a) A fee of Rs 100 is charged on closure of accounts
     
b) Duplicate statements/ instruments issued:
    Flat fee of Rs 100 + Rs 15 per page
    Rs 500 + Rs 15 per page for documents beyond 2 years
    For available account activity requests through Internet Banking (SBMNET) : Free for Retail customers
     
c) A fee of Rs 250 is charged on every cheque returned unpaid for financial reasons on drawer's account.
     
d) A fee of Rs 25 is charged for every cheque deposited & returned unpaid on drawee's account.
     
e) Issue of certificates of balance Rs 100 for Deposit Accounts Certificate
      Rs 300 for loans certificate
     
  Issue of certificates for visa entry:
    Visa: Educational Rs 100
    Visa: Pleasure Rs 300
    Visa: Medical treatment Rs 100
    Visa: Business trip Rs 100
     
f) Photostat copy Rs 15 per page
Rs 15 per page (local)
     
g) Fax service Rs 125 per page (overseas)
Rs 15 per page (local)
     
h) Office cheque issued  
    If through debit of account: per cheque Same day - Rs 150 per cheque
      Next day - Rs 100 per cheque
     
    If applicant pays cash: cheque Same day - Rs 200 per cheque
      Next day - Rs 150 per cheque
      Rs 300 to non customers
     
i) MACSS facility Rs 100
 
j) Audit confirmation Rs 1, 000 per financial year
     
k) Stop payment of cheque Rs 125 per request
     
l) Payroll, salary processing Rs 5 per item
     
m) Standing orders i) Standing orders credited to same bank: Rs 8
    ii) Standing orders credited to another bank: Rs 35
    iii) Standing orders requiring remittance by banker's cheque: Rs 150
    iv) Non-execution fees on rejected standing orders due to insufficient funds: Rs 100
     
n) Direct debits i) In favour of CWA, CEB and Mauritius Telecom: Rs 6 per item
    ii) In favour of other companies: Rs 8 per item
    iii) Non-execution fees on rejected direct debits due to insufficient funds: Rs 50
     
o) Inactive account
  - No transactions during last 12 months & no minimum balance maintained

Rs 100 (VAT Inclusive) One Off
     
p) No liability certificate Rs 300
     
q) Current account statement by fax Ad hoc: Rs 50 per account per fax; On a daily basis: Rs 750 per a/c per month
     
r) Copies of tax certificates at customer's request Rs 15 per copy
     
s) Postage fee Foreign: as charged by Post Office
     
t)

Transmission by Fax

 
 

i) Comission on local fax

Rs15 per sheet
 

ii) Comission on overseas fax

Rs125 per sheet 
     
u) Instructions received from customers (local/ travelling abroad) by e-mail, letter & fax (for personal customers only)
 

i) credited to same bank

Rs 10

 

ii) credited to another bank (MACSS)

Rs 100
     
v) Request for Money transfer to other accounts at the counter (manual)
 

i) between customer’s account

Rs 10

 

ii) third party account

Rs 25
 

ii) credited to other bank

 
   

same day

Rs 100 (MACSS)
   

If it takes 2 or 3 days

Free
     
w) Solicitors succession charges

Rs 200

       
 
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