Payment Account Related Fees
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Payment Account Related Fees Fees related to the most representative services linked to a payment account Page 1 of 71 Updated as at 15 February 2021 Contents The information being presented in this document is in the format that was submitted by the licensed Credit Institutions ............................................................................................................................................................ 4 APS Bank PLC ................................................................................................................................................................ 4 Bank of Valletta plc ..................................................................................................................................................... 7 Bank of Valletta plc - Basic Payment Account .............................................................................................. 7 Bank of Valletta plc - Current Account ............................................................................................................ 9 Bank of Valletta plc - eAccount........................................................................................................................11 Bank of Valletta plc - Call Account..................................................................................................................13 Bank of Valletta plc - Reserve Cheque Account.........................................................................................16 Bank of Valletta plc - BOV Budget Account .................................................................................................18 Bank of Valletta plc - Overdraft Facility .........................................................................................................21 Bank of Valletta plc - Savings Account ..........................................................................................................23 BNF Bank plc ...............................................................................................................................................................27 BNF Bank plc - Basic payment account ........................................................................................................27 BNF Bank plc - Current Account......................................................................................................................29 BNF Bank plc - Salary Account .........................................................................................................................31 BNF Bank plc - Savings Account......................................................................................................................34 BNF Bank plc - Students Account ...................................................................................................................37 BNF Bank plc - Students Online Savings Account ....................................................................................39 ECCM Bank plc ...........................................................................................................................................................43 FCM Bank Limited .....................................................................................................................................................44 Ferratum Bank ............................................................................................................................................................45 FIMBANK plc ...............................................................................................................................................................46 HSBC Bank Malta plc ................................................................................................................................................48 IIG Bank (Malta) Limited ..........................................................................................................................................51 Lombard Bank Malta plc.........................................................................................................................................53 Merkanti Bank Limited.............................................................................................................................................57 NBG Bank Malta Limited .........................................................................................................................................58 Page 2 of 71 Financial Institutions.....................................................................................................................................................60 EMP Systems Limited...............................................................................................................................................60 Eurochange Financial Services Limited .............................................................................................................61 Fexserv Financial Services Limited ......................................................................................................................62 Finance Incorporated Limited ..............................................................................................................................63 Finco Treasury Management Limited ................................................................................................................65 Finductive Limited ....................................................................................................................................................66 Insignia Cards Limited .............................................................................................................................................67 Mifinity Malta Limited ..............................................................................................................................................68 Moneybase Limited..................................................................................................................................................70 Papaya Limited...........................................................................................................................................................71 Page 3 of 71 The MFSA is presenting information on the fees being charged by credit or financial institutions in relation to payment accounts. The fees being shown on this page reflect the fees of the most representative services linked to a payment account. Consumers should always ask the credit or financial institution for the tariff sheet being charged by that entity. Only those entities offering payment accounts to-date are featured in this list. Credit Institutions APS Bank PLC Term Fee components Fees Default Statements Maintaining the account Bills Payable Internet Banking Mobile Method Subscribing and renewing Internet Banking Token Method (per internet, mobile and annum) telephone banking Damaged or Unreturned Token Additional Statements - Requested more often than monthly frequency Requesting statements for non-line users Duplicate Statement - To be sent by post (Per Sheet) Cash withdrawals effected through ATM with VISA sign [APS ATMs] Cash withdrawals effected through ATM with VISA sign [All other domestic banks] - (i) First 4 Withdrawals per month Cash withdrawal or deposit Cash withdrawals effected through ATM with VISA sign [All other domestic banks] - (ii) From 5th Withdrawal (charge per withdrawal) Cash withdrawals effected through ATM with VISA sign [International banks] Set-up Fee Set-up Fee through myAPS Standing order (SO) Transfer Between APS account to another APS account Page 4 of 71 Unprocessed Standing Order advances related facility repayment due to insufficient finds Standing Order Transferred to another Bank - Processing charge (per transfer) Standing Order Transferred to another Bank - Unprocessed SO not advances related Providing and renewing a Visa Debit Card Issuing debit card Providing and renewing a N/A credit card Making payments using an Euro Payments using the Visa Debit International Debit or Card Credit Card Making payments using a Euro Payments using the Visa Debit local Debit or Credit Card Card Replacing a card Replacing Lost/Damaged Visa Card APS Bank Cheques personal cheques - Encashment Depositing and encashing a subject to Managers discretion (Charge cheque Only applicable to non-customers) Central Bank of Malta Cheques - Charges only applicable to non- Customers Per request over the counter/Customer Support Centre Per request through myAPS Stopping a cheque More than 1 Cheque over the counter/Customer Support Centre More than 1 cheque though myAPS - Up Sending money in Euros to - other account in the Single Euro Payment Area counter) Payments Non-SEPA and in all other Sending money in other currencies Over the counter currencies to any other account Payments Non-SEPA and in all other currencies myAPS Page 5 of 71 SWIFT Payment Investigation expenses SEPA Inward Transfer - Up to Receiving money - Euro SEPA Inward Transfer - Non-SEPA in all other currencies - Non-SEPA in all other currencies - Payment in Receiving money - other currencies Non-SEPA in all other currencies - Payments in all Non-SEPA in all other currencies - Payments in all over Visa Overdraft Renewal Fee Per annum Arranged overdraft Aplus Overdraft Renewal Fee Per 0.15% per annum, annum Direct Debit returned due to Direct Debit insufficient funds Other services (included in Virtual Account