Schedule of Service Charges
SERVICE CHARGES W. E.F. 01-11-2021
| S.NO | TYPE | USD / EURO | GBP | ||
|---|---|---|---|---|---|
| 1 | Swift Charges for Telegraphic Transfers other than our own TDR maturity proceeds | 20.00 | 0.00 | ||
| 2 | For BOI-UK Customers | ||||
| a | Outward Payment instructions by CHAPS-other than our own TDR maturity proceeds | N.A. | 25.00 | ||
| b | Outward Payments instructions for USD/Euro/Other Currencies-other than our own TDR maturity proceeds | Upto 10000 | 30 | N.A. | |
| Above 10000 | 1 per 1000.00+20 Swift Charges, Maximum charges-220. | N.A. | |||
| c. | Inward Remittances (For USD and EURO remittances) | 10 | NILL | ||
| 3 | Correspondent Banking | ||||
| a. | Remittance from BOI Non U.K. branches to BOI U.K. Accounts | N.A | Nill | ||
| b. | Remittance from BOI Non U.K. branches to other U.K. Banks | N.A. | Upto 100 | £5.00 | |
| 101-1000 | £10.00 | ||||
| 1001-10000 | £20.00 | ||||
| 10001-25000 | £25.00 | ||||
| 25001-50000 | £35.00 | ||||
| 50001-100000 | £40.00 | ||||
| Above 100000 | £50.00 | ||||
| c. | Remittance from other U.K. Banks to BOI Non U.K. branches | N.A. | Upto 100 | £5.00 | |
| 101-1000 | £10.00 | ||||
| 1001-25000 | £25.00 | ||||
| 25001-50000 | £35.00 | ||||
| 50001-100000 | £40.00 | ||||
| Above 100000 | £50.00 | ||||
| 4 | Amendment to Payment instructions (MT/DD) | 20 | £10 | ||
| 5 | Amendment to payment instructions (Telegraphic Transfer) | 40 | £20 | ||
| 6 | Postal charges for Mail Transfers | 10 | £5 |
| S. No | Type | BOI, U.K. Customers | Non- BOI, U.K. Customers | ||
|---|---|---|---|---|---|
| 1 | Opening of NRE/NRO/ FCNR A/c | Free (only postal charges of £20 will be charged) | Free (only postal charges of £20 will be charged) | ||
| 2 | INR Remittances to A/c with BOI, Indian branches | Free | Upto £1000 | £5 | |
| £1001- £5000 | £10 | ||||
| £1001- £5000 | £10 | ||||
| Above £5000 | £15 | ||||
| 3 | INR Remittance to A/c not with BOI, Indian branches | Upto £1000 | £5 | Upto £1000 | £10 |
| £1001- £5000 | £10 | £1001- £5000 | £15 | ||
| £1001- £5000 | £10 | £1001- £5000 | £15 | ||
| Above £5000 | £15 | Above £5000 | £20 | ||
| 4 | Cash handling charges for Remittances | 0.30 per £100 or part there of Minimum charge -£3 | 0.30 per £100 or part there of Minimum charge -£3 | ||
| 5 | Cash Handling Charges (Cash Deposits in to the account - other than remittances purpose) | Upto £1000 | Nil | Upto 1000 | Nil |
| Above 1000 | 0.30 per £100 | Above 1000 | 0.30 per £100 | ||
| (If cash deposits of up to £1000 in the account is used for remittance on the same day or next day, the applicable cash handling charges ( for different currencies ) will be recovered and no free facility will be extended) | |||||
| 6 | Forwarding papers to India for Renewal of NRO/NRE/FCNR TDR | £20 per occasion | £20 per occasion | ||
| 7 | Forwarding papers to India for Addition/ deletion of Name in NRE/NRO/FCNR Accounts | £20/- per account | £20/- per account | ||
| 8 | Forwarding papers to India for duplicate TDR for NRE/NRO/FCNR accounts | £20 per TDR | £20 per TDR | ||
| 9 | Any other services related NRI A/c | £20 per occasion | £20 per occasion | ||
| 10 | Attestation of signature/ pass port/ address proof | £20 per occasion | £20 per occasion | ||
| 11 | Live- certificate for pensioners | Free | £5 per certificate |
| S.NO. | TYPE | CHARGES | |||
|---|---|---|---|---|---|
| 1 | A/c Transaction charges per entry (Only for Current Accounts -CA) | For GBP | £0.50 per entry | ||
| For USD/ Euro account | $1.00 per entry | ||||
| 2 | Cheque return charges (In/out ward) | £20 per instrument | |||
| 3 | Special Presentation of Cheque by us | £10 | |||
| 4 | Collection of USD/EUR Cheques | 2 per 1000 Minimum 20 Maximum 150 | |||
| U.K. Customers | Non U.K Customers | U.K Customers | Non U.K Customers | ||
| a | Current Account-Individual | Minimum Balance £1000 | Minimum Balance £5000 | £2 per month | £4 per month |
| b | Current Account-Non-Individual | Minimum Balance £2500 | Minimum Balance £5000 | £2 per month | £4 per month |
| c | SB Account | Minimum Balance £250 | Minimum Balance £2500 | £1 per month | £2 per month |
| 5 | Issue of Cheque Book Charges | 15 per cheque book | |||
| 6 | Return of Direct debit | 20 per entry | |||
| 7 | Stop Payment of Cheque/Direct Debit | £ 20 per instrument (max. charge £60) | |||
| 8 | Issue of bankers cheque (Other than proceeds of TDR with us) | 10 per cheque | |||
| 9 | Cancellation/Issue of duplicate Demand Draft/Revalidation | 10 per occasion | |||
| 10 | Duplicate Statement of Account | 10 per occasion | |||
| 11 | Duplicate Balance Confirmation Certificate | 20 per occasion | |||
| 12 | Information/Certificate to be supplied to auditors of constituents | 20 per occasion | |||
| 13 | Status Enquiry / Banker's Report | 20 per occasion | |||
| 14 | (Reference Rate: GBP Base Rate; USD Prime Rate; EUR ECB Rate) | ||||
| 15 | Interest Rate on Unauthorised/Overdraft (Reference Rate: GBP Base Rate; USD Prime Rate; EUR ECB Rate) | 7% Over Ref. Rate | |||
| 16 | Issue of Duplicate TDR | 10 per TDR | |||
| 17 | In-operative/ dormant accounts ( No transaction for 2 years) | £20.00/ $25.00 per annum | |||
| 18 | Courier charges to India | For Metro/ Urban Centres | £20.00 per occasion or actual expenses whichever is higher | ||
| For Semi-urban/ Rural Centres | £30.00 per occasion or actual expenses whichever is higher |
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