Fees & Service charges

All fees/service charges are subject to OB

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).

As a special reminder, please note that many of our Bank transactions are offered free of charge or at a lower fee via our MCB Online Banking and MCB Mobile Banking Services, Bankomatiko (ATM’s) and Pagomatiko terminals.

For further questions and inquiries, please contact us at (+599 9) 466 1111 or mail us at customer.support@mcb-bank.com

CURRENT ACCOUNT MONTHLY ADMINISTRATION FEE*

NAf/AWG Accounts	Charges	USD/CAD Accounts	Charges
Resident	NAf 3.50	Resident	US$ 5.00
Non-Resident	NAf 7.50	Non-Resident	US$ 5.00

EURO Accounts	Charges
Resident	€ 30.00
Non-Resident	€ 30.00

*Fee charged to ALL accounts regardless of balance.
60+(only Resident Accounts) and Student Accounts are exempted.

TRANSFER INSTRUMENTS

Bank Drafts, Money Orders and Foreign Checks	Charges	Bank Drafts, Money Orders and Foreign Checks	Charges
Local Bank Draft (Giro Vendido)	NAf 5.00	Foreign Currency Bank Draft	NAf 50.00

USD Bank Drafts Sold Fees
The following fees are applicable for the purchase of a new USD Bank Draft Sold
Personal USD Bank Draft Sold*	Commercial USD Bank Draft Sold*
ANG 53.00 (incl. OB)	ANG 212.00 (incl. OB)

* Indicated fees are for each bank draft sold, and will be drawn from the applicable account of the ordering customer.

BUSINESS (NON-PERSONAL) ACCOUNT MONTHLY ADMINISTRATION FEE (NEW)

NAf/AWG Accounts	Charges	USD/CAD Accounts	Charges
Resident	NAf 5.00	Resident	US$ 7.00
Non-Resident	NAf 7.50	Non-Resident	US$ 7.00

EURO Accounts	Charges
Resident	€ 35.00
Non-Resident	€ 35.00

LOCAL CURRENCY TRANSFERS AND BILL PAYMENTS**

Transfer between own MCB Accounts	Charges		Charges
Personal Account to Personal Account	FREE	Transfer or Standing Order to MCB Group Banks	NAf 5.00
Business Account to Business Account or Business Account to Personal Accounts (or vice versa)	NAf 2.00	Transfer or Standing Order to Other Banks in St. Maarten	NAf 10.00

	Charges		Charges
Transfer or Standing Order to other MCB Account	NAf 2.00	Bill Payments (Including payment to Utility Companies: e.g. UTS, TDS, TRES, FLOW, Curgas, Aqualectra)	NAf 2.50
Transfer or Standing Order to Other Local Bank	NAf 5.00	E.g. Pre-Authorized payment to UTS, TDS, TRES, FLOW, Curgas, Aqualectra	NAf 2.50

**Fee waived if using Personal Online Banking or MCB Mobile.

License fee will be charged for transfers from residents to non-residents and foreign currency transactions according to the Central Bank’s Foreign Exchange Regulations.

NON SUFFICIENT FUNDS, RETURNED ITEMS & STOP PAYMENTS

	Charges	Stop Payment	Charges
Returned Checks or Items with Non Sufficient Funds (per item)	NAf 25.00	Per Check	NAf 15.00
Honored Checks or Items with Non Sufficient Funds (per item)	NAf 10.00	10 or more Checks with same series number	NAf 150.00
Foreign Currency Transfer with Non Sufficient Funds (per item)	NAf 50.00

FOREIGN CURRENCY TRANSFERS***

	Charges		Charges
Transfer or Standing Order to MCB Account	NAf 2.50	Outgoing Wire Transfer	0.125% of transfer amount (min. fee NAf 15.00, max. fee NAf 500.00)
Transfer or Standing Order to Other Local Bank Account	NAf 5.00	Outgoing Wire Transfer using Personal Online Banking, MCBDirect Business or MCBDirect Corporate	0.1% of transfer amount (min. fee NAf 12.50, max. fee NAf 500.00
Transfer or Standing Order to MCB Group Banks	NAf 5.00	Outgoing Wire Transfer Received in Foreign Currency at the Branch	0.125% of transfer amount (min. fee NAf 15.00, max. fee NAf 500.00) plus 0.5% exchange commission and licence fee (applicable for resident)
Transfer or Standing Order to Other Banks in Aruba, St. Maarten or BES Islands	NAf 10.00
Incoming Transfer to NAF Account	NAf 10.00
Incoming US$ Transfer to USD Account or € Transfer to EURO Account	NAf 10.00 plus 0.125% of transfer amount (max. fee NAf 500.00)

***Fee waived if using Personal Online Banking or MCB Mobile except as noted above.

License fee will be charged for transfers from residents to non-residents and foreign currency transactions according to the Central Bank’s Foreign Exchange Regulations.

FOREIGN CURRENCY TRANSFERS
The following Correspondent Bank Charges will also be applied on US Dollar and Euro SWIFT Payments
Outgoing SWIFT Transactions Amount	Charges USD / EUR	Incoming SWIFT Transactions Amount	Charges USD / EUR
1.00 - 250.00	0.00	1.00 - 250.00	0.00
250.01 - 500.00	10.00	250.01 - 500.00	5.00
500.01 - 1,000.00	15.00	500.01 - 1,000.00	10.00
1,000.01 - 5,000.00	30.00	1,000.01 - 5,000.00	20.00
5,000.01 - 10,000.00	60.00	5,000.01 - 10,000.00	30.00
10,000.01 - 50,000.00	75.00	10,000.01 - 50,000.00	45.00 / 40.00
50,000.00+	100.00	50,000.00+	60.00 / 50.00

The amount of these charges are in the currency of the SWIFT wire transfer; Example:
- Outgoing SWIFT transfer Amount Euro 1,000.00; the correspondent charges are Euro 15.00
- Outgoing SWIFT transfer amount US Dollar 1,000.00; the correspondent charges are US$ 15.00.

STATEMENT SERVICES AND COPIES

Personal Accounts Monthly Statement	Charges	Daily Statement Fee	Charges
Mailed to customer	FREE	Mailed to customer	NAf 25.00
Held for branch pickup	NAf 30.00	Held for branch pickup	NAf 30.00
		Delivered via SWIFT	NAf 78.00
		Delivered via Facsimile	NAf 50.00

Business Accounts Monthly Statement Fee	Charges	Documents Copies	Charges
Mailed to customer	FREE	Copy of statement up to 1 year	NAf 5.00

Interest statement	Charges	Copy statement between 1-5 years old	NAf 10.00
For preceding year	FREE	Copy statement between 6-10 years old	NAf 15.00
For older years	NAf 25.00	Copy check/voucher up to 1 year	NAf 10.00

Investigation fees	Charges	Copy check/voucher between 1-5 years old	NAf 15.00
Swift acknowledgement client (swift track)	NAf 10.00	Copy check/voucher between 6-10 years old	NAf 50.00
Bank confirmation for parents i.c.w. study children	NAf 10.00
Investigation fees claims up to 1 year old	NAf/EUR/$ 25.00

Personal Accounts	Charges	Business Accounts	Charges
Reference Letter	NAf 25.00	Reference Letter	NAf 25.00

CASH PROCESSING FEES

Cash Withdrawal at Branch	Charges	ATM Withdrawal	Charges
From NAf Account	NAf 2.00	Maestro at MCB ATM	NAf 1.00
US$ withdrawal from USD Account or € withdrawal from, EURO Account	0.5% exchange from commission, plus license fee (applicable for resident)	Maestro at Cashnet ATM	NAf 2.00
		Maestro at Cirrus ATM	NAf 4.45
		NAf Money Card	NAf 3.00
		US$ Money Card	US$ 3.00

Buy EURO Cash	Charges	ATM Balance Inquiry at Cirrus ATM	Charges
	1.0% of purchase amount (min. fee NAf 5.00)		NAf 1.00

Cash Deposit and Handling at Branch	Charges
NAf Cash Deposit to 3rd Party MCB Account	NAf 3.50
NAf Cash Deposit to 3rd Party other Bank	NAf 5.00
Foreign Currency Cash Deposit	0.5% Exchange Commission
Change Foreign banknote denomination	1% of the total amount with a minimum of NAf 5.00 + OB

INTERNET BANKING / MOBILE BANKING

Personal Online Banking and MCB Mobile – Personal Accounts	Charges	MCB Direct Corporate Monthly Fee (includes one Soft Token)	Charges
Monthly Fee	FREE	First user ID (including File Upload)	NAf 100.00
Transfers Between Own Accounts	FREE	First user ID (excluding File Upload)	NAf 50.00
3rd Party Payment	FREE	Each Additional User ID	NAf 10.00
Statements	FREE	Transfers Between Own Accounts	NAf 1.00
		3rd Party Payment	NAf 1.00

MCB Direct Business	Charges
Monthly Fee	FREE
Transfers Between Own Accounts	NAf 1.00
3rd Party Payment	NAf 1.00

License fee will be charged for transfers from residents to non-residents and foreign currency transactions according to the Central Bank’s Foreign Exchange Regulations.

CREDIT CARD BALANCE PROTECTION

Credit card balance protection	0.5% of outstanding balance

INTEREST ON UNAUTHORIZED DEBIT BALANCES UNDER CURRENT ACCOUNTS*

12% per annum for personal and business accounts

* Debit balances resulting from honored non-sufficient fund checks are not regarded as “authorized” by the Bank.

MONEY CARD

Money Card Issuing Fees	Charges	Money Card Replacement Fees (lost, stolen or expired)	Charges
NAf Money Card, Personalized	NAf 30.00	Replace NAF Money Card	NAf 10.00
US$ Money Card, Personalized	US$ 30.00	Replace US$ Money Card	US$ 10.00

Money Card Reloading Fees	Charges	Money Card Refund Fees (lost, stolen or expired)	Charges
Reload NAF Money Card	NAf 5.00	Refund NAF Money Card	NAf 10.00
Reload US$ Money Card	US$ 5.00	Refund US$ Money Card	US$ 10.00

Purchase Fee	Charges	Personal Online Banking Reload Fee	Charges
One-time fee charged for the purchase of the card		A fee will be charged each time you reload additional founds through online banking
Kompa Leon MoneyCard	NAf 31.80	Kompa Leon MoneyCard	NAf 2.12
MCB Visa MoneyCard	US$ 31.80	MCB Visa MoneyCard	US$ 2.12

Branch Reload Fee	Charges	Lost/Stolen Replacement Fee	Charges
A fee will be charged each time you reload additional founds, excluding online banking		When you request replacement card(s) for lost/stolen card(s) a fee will be charged to your card
Kompa Leon MoneyCard	NAf 5.30	Kompa Leon MoneyCard	NAf 31.80
MCB Visa MoneyCard	US$ 5.30	MCB Visa MoneyCard	US$ 31.80

Cash Advance Fee	Charges
When you withdraw cash a fee will be charged, which is in addition to the fee charged by the ATM owner
Kompa Leon MoneyCard	NAf 5.30
MCB Visa MoneyCard	US$ 5.30

PERSONAL LOANS & MORTGAGES

Restructure Fee	Consolidation Fee	Extension Fee	Late Payment Fee
NAf. 350,- for loans lower than NAf. 10.000,-	NAf. 250,- for loans lower than NAf. 10.000,-	1% of the total outstanding amount in NAf.	10% on any late payment, with a minimum fee of NAf. 5.00
NAf. 750,- for loans (incl. Mortgages) above the amont of NAf. 10.000,-	NAf. 500,- for loans (incl. Mortgages) above the amont of NAf. 10.000,-

BUSINESS LOANS

Late Payment Fee on Non-Revolving Business Loans
5% on any late payment

24/7 DEPOSIT SERVICES
Disposable Night Deposit Bags	Charges	Deposit Hatch Keys	Charges
Per Bag	NAf 0.80	1st Key	Free
For 50 Bags	NAf 31.80	Additional keys	NAf 26.50 (per key)
For 100 Bags	NAf 58.30	Replacement of lost key	NAf 26.50

Processing costs of deposit slips	Charges
Deposit slips	NAf. 2.65 per deposit slip (NAf. 2.50 plus o.b.)

MISCELLANEOUS

Replacement	Charges	Foreign Bank Inquiries and Investigations	Charges
Lost Savings Passbook	NAf 15.00	Check Status, Stop Payment, Replacement or Inquiry	US$ 20.00
ATM Card	NAf 15.00	Cancel Stop Payment	US$ 20.00
E-Pass	NAf 5.00

Please note that many of these transactions are offered free of charge or for a lower fee via our Bankomatiko (ATM’s), Pagomatiko, Personal Online Banking and MCB Mobile.

MCB Rates & Fees

CURRENT ACCOUNT MONTHLY ADMINISTRATION FEE*

TRANSFER INSTRUMENTS

USD Bank Drafts Sold Fees

BUSINESS (NON-PERSONAL) ACCOUNT MONTHLY ADMINISTRATION FEE (NEW)

LOCAL CURRENCY TRANSFERS AND BILL PAYMENTS**

NON SUFFICIENT FUNDS, RETURNED ITEMS & STOP PAYMENTS

FOREIGN CURRENCY TRANSFERS***

FOREIGN CURRENCY TRANSFERS

STATEMENT SERVICES AND COPIES

CASH PROCESSING FEES

INTERNET BANKING / MOBILE BANKING

CREDIT CARD BALANCE PROTECTION

INTEREST ON UNAUTHORIZED DEBIT BALANCES UNDER CURRENT ACCOUNTS*

MONEY CARD

PERSONAL LOANS & MORTGAGES

BUSINESS LOANS

24/7 DEPOSIT SERVICES

MISCELLANEOUS