Our loyal clients and dedicated employees showed resiliency, flexibility and perseverance through lockdowns and uncertainty. We are very proud and grateful to them for our net performance improvement.
Please find below a listing of our fees and service charges for personal accounts, business accounts, and in-branch transactions. Please note that these fees may impact your account(s).
For further questions and inquiries, please contact us at (+599 9) 466 1111 or mail us at customer.support@mcb-bank.com.
PERSONAL LOANS & MORTGAGES |
|
Personal Loan Refinance Fee |
Charges |
|
MCB Loans with payoff term less than 6 months |
NAf 106.00 |
|
All other MCB Loans |
NAf 212.00 |
|
AOV pensioners |
No charge |
Early Loan Payoff Fee |
Charges |
|
Three months in advance |
NAf 159.00 |
|
Two months in advance |
NAf 212.00 |
|
One month in advance |
NAf 271.00 |
Personal Loan Consolidation Fee* |
Charges |
|
Loan amounts lower than NAf 5,000.00 |
NAf 212.00 |
|
Loan amounts between NAf 5,000.00 and NAf 10,000.00 |
NAf 371.00 |
|
Loan amounts greater than NAf 10,000.00 |
NAf 530.00 |
Balance and Pre-Calculation Letters |
Charges |
|
Each Letter |
NAf 10.60 |
|
|
|
Interest Letters |
Charges |
|
Copy of Interest letter |
NAf 10.60 |
Please note:
Interest Letters for the current year will not be charged in case these were not mailed out by the bank or the customer’s address is incorrect. All previous years will be charged.
*These Consolidation fees are applicable when we take over loans from other financial institutions.
FEES PERSONAL LOANS & MORTGAGES IN ARREARS/DEFAULT |
|
Restructure Fee
|
Charges |
|
Loan amounts lower than NAf 10,000.00 |
NAf 371.00 |
|
Loan (incl. Mortgages) amounts greater than NAf 10,000.00 |
NAf 795.00 |
Consolidation Fee
|
Charges |
|
Loan amounts lower than NAf 10,000.00 |
NAf 265.00 |
|
Loan (incl. Mortgages) amounts greater than NAf 10,000.00 |
NAf 530.00 |
Extension and Late Fees |
Charges |
|
Extension Fee |
1% of the total outstanding amount in NAf + OB |
|
Late Payment Fee |
10% on any late payment with a minimum fee of NAf 5.00 + OB |
