Schedule of Service Charges

Schedule of Service Charges

SERVICE CHARGES W.E.F. 24-06-2024

Schedule of Service Charges

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

Schedule of Service Charges

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

Schedule of Service Charges

S.NO. TYPE CHARGES
1 A/c Transaction charges per entry (Only for Current Accounts -CA) For GBP £1.00 per entry
For USD/ Euro account $1.50 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 £4 per month £6 per month
b Current Account-Non-Individual Minimum Balance £2500 Minimum Balance £5000 £4 per month £6 per month
c SB Account Minimum Balance £250 Minimum Balance £2500 £1 per month £2 per month
5 Issue of Cheque Book Charges £25 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