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Access Bank Rwanda Tariff Guide

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Access Bank Rwanda Tariff Guide ACCESS BANK RWANDA TARIFF GUIDE FCY cash with - 4.1 drawals against 1% 1% Per transaction funds transfers SECTION 1: DEPOSIT RATES 4.2 FCY cash deposits 0.4% 0.4% Per Day Annual Rate in % per year over the counter above 10000 USD Sub Account product Minimum Maximum Remarks Section Cash withdrawals Amounts that are equal to or 4.3 RWF 500 RWF 500 Current account Interest is not paid on current over the counter less than RWF 300,000 1.1 N/A N/A 3 RWF account Stop payment 4.4 RWF 2950 RWF 2950 Per execution Current account Interest is not paid on current instruction 1.2 N/A N/A FCY account Counter cheque Interest is paid quarterly and (unavailability of Savings account 4.5 RWF 1000 RWF 1000 Per transaction 1.3 4 4 subject to a max of 4 with- cheque book for RWF drawals in a month. withdrawal) Savings account Outward trans- 1.4 N/A N/A FCY 4.6 fers in FCY (Local $15 $15 Per transfer Children savings For children up to 16 years. banks) 1.5 account (Early sav- 6 6 Remarks on savings Account state- RWF 1000 1st RWF 1000 1st ers account) account apply ment page page • Minimum of 3 members Personal use RWF 250 for RWF 250 for ad- • RWF 5000- RWF 100,000 4.7 additional attracts 4% P.A ditional pages. Family and Friends pages. 1.6 4% 7.5% • RWF 101,000- RWF 500,000 Savings Account attracts 6.5% P.A VISA use RWF 5000 RWF 5000 • Above RWF 500,000 attracts 7.5% P.A Account maintenance fee RWF 1000, 1.7 Salary account N/A N/A For salary earners with no RWF 1000, USD Individual account USD 2, EUR 2, monthly maintenance fees 2, EUR 2, GBP 2 4.8 GBP 2 RWF 2000, Interest is paid quarterly and RWF 2000, USD Corporate account USD 3, EUR 3, 1.8 Access Advantage 4 4 subject to a max of 4 with- 3, EUR 3, GBP 3 drawals in a month. GBP 3 Negotiable on value and tenor Cheque book issuance. 1.9 Term deposits 2.5 8 of deposit RWF 3500 RWF 3500 24 Leaves (RWF 7000 for 48 Individual account (equivalence in SECTION 2: LENDING RATES AND FEES (equivalence in leaves.) Additional 4.9 foreign curren- foreign currency) RWF 5000 for express book Annual Rate in % per year cy) RWF 15000 Sub RWF 15000 48 Leaves/ Express cheque Loan product Minimum Maximum Remarks Corporate (equivalence in Section (equivalence in books (Additional RWF 5000 account foreign curren- Applicable on new foreign currency) for express book) 2.1 Personal Loan 15+margin 15+margin cy) facilities and renewals Applicable on new 4.9.1 Payment orders RWF 15000 RWF15000 48 Leaves 2.2 Mortgage 15+margin 15+margin facilities and renewals RWF 7080 RWF 7080 Applicable on new USD 12 USD 12 2.3 Overdarft 15+margin 15+margin 4.9.2 Account closure Per request facilities and renewals GBP 10 GBP 10 Applicable on new 2.4 Equipment load 15+margin 15+margin EUR 10 EUR 10 facilities and renewals Declaration of Salary Advance 4.9.3 RWF 10,000 RWF 10,000 2.5 15+margin 15+margin balance letters Loan Archive Retrieval Applicable on new 4.9.4 Document RWF 5,000 RWF 5,000 Chargeable per document 2.6 Arreas 4 4 facilities and renewals 4.9.5 Audit confirmation RWF 25,000 RWF 25,000 Per request Other Fees 1% + VAT (MAX 1% + VAT (MAX Charges on USD 2.7 Processing fee Applicable on all facilities Chargeable on small denomi- RWF 100,000) RWF 100,000) 4.9.6 small denomina- 5% 5% nation bills below USD 50 tion deposits 2.8 Management fee 1% + VAT 2 1% + VAT Direct facilities only SECTION 5: LOCAL TRANSFERS 4 0.08% for a 0.08% for a 2.9 Monitoring fee month + VAT Overdraft facilities only month + VAT Fees 1.5 % Bank Guarantee On quarterly basis with a mini- Sub- Nature of 2.9.1 1.5 % 1.5 % Minimum Maximum Remarks fee mum of RWF 50,000 Section Operation Drawings against Outgoing multiple 2.9.2 uncleared balance/ RWF 50,000 RWF 50,000 Per transaction payment transfers TOD RWF 3000 RWF 3000 2.9.3 Reference Letters RWF 10,000 RwF 10,000 Per request 5.0 RWF 3500 RWF 3500 RWF 4000 RWF 4000 Attestation de RWF 4500 RWF 4500 non creance (Loan Per request regardless of the .101 and above 2.9.4 RWF10,000 RwF 10,000 RWF 6000 RWF 6000 clearance purpose RWF 500 RWF 500 Local currency transfer Per request regardless of the 2.9.5 Autre attestation RWF 10,000 RWF 10,000 $15 $15 FCY transfer purpose Per request of any bank con- Single transfer via E-mail instrument 2.9.6 RWF 25,000 RWF 25,000 5.1 RWF 1000 RWF 1000 clearing transfers 1% + VAT (MIN RWF 1000 RWF 1000 Standing order instruction RWF 100,000 + Applicable on new 2.9.7 Processing Fee RWF 30,000 + VAT facilities and renewals Failed standing order due to VAT RWF 3000 RWF 3000 Credit Clearance RWF 20,000 + RWF 20,000 + Applicable on new Unpaid inward 2.9.8 Returned cheque due to insuf- Bureau charges VAT VAT facilities and renewals 5.2 cheque (with in- RWF 10,000 RWF 10,000 SECTION 3: WOMEN INITIATIVE FEES AND RATES Receive Fund from Free Free local currency 5.3 3.1 Lending rates 14+margin 14+margin other banks $10 $10 FCY transfer Bank to bank 5.4 Free Free all currencies 3.2 Savings rate 6% 6% payments Account maintenance fees SECTION 6: FOREIGN TRADE OPERATIONS RWF 500, USD - Individual RWF 500, USD 1, FEES 1, EUR 1 , GBP The account has to be regis- 3.3 account EUR 1 , GBP 1 1 tered under the W community Sub- Nature of RWF 1500, Minimum Maximum Remarks - Corporate RWF 1500, USD Section Operation USD 2,EUR 2, account 2,EUR 2, GBP 2 GBP 2 Transfers Incoming transfers SECTION 4: FEES ON BANK OPERATIONS 6.0 0.35% ($10) $200 (all currencies) FEES / RATES Outgoing 6.1 transfers 0.5% ($12) N/A Sub- Nature of Minimum Maximum Remarks (all currencies) Section Operation 6.2 Swift charges RWF 10,000 RWF 10,000 Ammendment 6.3 RWF 10,000 RWF 10,000 fees Sub- Nature of ACCESS PAY FEES Minimum Maximum Remarks ACCESS BANK RWANDA - TARIFF GUIDE 2019 Section Operation Access pay montly RWF 2000 RWF 2000 Corporate Users Letter of credit (LC) fees RWF 1500 RWF 1500 Retail Users Opening of import Access Pay Tax 6.4 0.3% ($10) $10,000 Free Free Online LC 7.6 Payments Quarterly - 1% on face RWF 500 + VAT RWF 500 + VAT Account holders over the counter Commitment fee value minimum $10. 6.5 1% ($10) 1% face value on import LC 100% cash backed account RWF 1000 + VAT RWF 1000 + VAT Non-Account holders over the counter and no limit Quarterly - 3% on face value/ Access pay Tokens RWF 10.000 RWF 10.000 Commitment fee 6.6 3% ($10.00) 3% face value non-cash backed account and on import LC no limit SECTION 8: ATM TRANSACTION FEES Payment 6.7 commission on 0.4% ($10) $1000 Fees Import LC Sub- Nature of Exchange Minimum Maximum Remarks Section Operation 6.8 commission on 0.4% ($10) $1000 Annual Fee (Credit Chargeable on the anniversary Import LC 8.0 $40 $40 card) of the card 6.8 $50 $50 Cash withdrawal Chargeable when cash is with- on Export LC 8.1 - Access ATMs - $2.36 $2.36 drawn from an Access Bank Local - credit card ATM in Rwanda. 6.9 commission on 0.5% ($35) $1000 Chargeable when cash is with- Export LC Cash withdrawal drawn Payment commis- 8.2 - Other ATMs - $ 2.36 + 2% $ 2.36 + 2% 6.9.1 0.3% ($10) $1000 from another Bank’s ATM in sion on export LC Local - credit card Rwanda. 6.9.2 Swift charges $40 $40 Sub- Nature of MINIMUM MAXIMUM REMARKS section operation Ammendment 6.9.3 RWF 100,000 RWF 100,000 Cash Withdraw- Chargeable when cash is with- fees al-Other ATMs- drwan from any 8.3 $ 5.90 + 3% $ 5.90 + 3% Bills for collection (BC) International- ATM outside Rwanda with a Credit Card credit card. 6.9.4 $50 $50 Chargeable when cash is with- Cash Withdrawal- drawn from Commission for Other ATMs- 6.9.5 0.5% (MIN $10) N/A 8.4 RWF 3,450 + 3% RWF 3,450 + 3% another ATM outside Rwanda BC International- with A debit Debit Card FINBANK Burundi Transfers card linked to LCY account. Chargeable upon card re- Transfers from Card replacement RWF 7000 RWF 7000 6.9.6 $20.00 8.5 placement due to loss or Burundi fee $10 $10 compromise. Transfers to Bu- 6.9.7 $50.00 rundi 8.6 Purchase on POS Free Free Per transaction Bankers’ cheques/bank drafts Balance Enquiry 8.7 Frw 100 Frw 100 Per transaction (Off-us) 6.9.8 Issuing fees 0.5% ($20) N/A transactions 8.8 Balance Enquiry Frw 50 Frw 50 Per transaction 6.9.9 Unpaid cheques $10 (On-us) transactions 6.9.9.1 Cancellation fees $10 ACCESS BANK RWANDA - TARIFF GUIDE 2019 8.9 ATM Statement Frw 100 Frw 100 Per transaction SECTION 7: MOBILE BANKING/ ACCESS PAY request MOBILE BANKING FEES6 8.9.1 ATM receipt Frw 50 Frw 50 request (On-us) Per transaction Sub- Nature of Minimum Maximum Remarks Section Operation 8.9.2 ATM receipt Frw 100 Frw 100 Per transaction request (Off-us) 7.0 Balance Enquiry 100 100 8 3% of the transaction amount 8.9.3 Online transaction 3% 3% chargeable when a card is used 7.1 Mini statement 100 100 for online purcheses or bill payments Transfers 8.9.4 Balance transfer 3% 3% Chargeable when balance on Between my ac- Free Free (Paypal) the e-account e.g Paypal is counts transferred back to the bank 7.2 To Access Bank 100 100 account.
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