Commercial Banking Tariff of Charges
Total Page:16
File Type:pdf, Size:1020Kb
Commercial Banking Tariff of Charges Issued by HSBC Bank Middle East Limited, P.O. Box 57, Doha, Qatar, incorporated under the laws of Jersey and regulated by the Jersey Financial Services Commission and Qatar Central Bank. MKT CMP 12549 HSBC Commercial Banking | Tariff of Charges This is our Corporate Banking Tariff of Charges. Abbreviations: It is applicable to corporate banking transactions conducted in the ordinary course of business unless A/C – Account clearly agreed otherwise in writing. AGCC – Arab Gulf Cooperation This Corporate Banking Tariff of Charges is effective Council from 01 August 2012 until further notice and is applicable to accounts held at HSBC Bank Middle ATM – Automated Teller Machine East Limited in Qatar. CIL – Clean Import Loan We reserve the right to amend, or levy additional CO – Cashier Order charges, as we may see fit. We shall not be obliged to give you specific written notice of any such COS – Cheque Outsourcing Service changes. However, we will provide you with regular DC – Documentary Credit updates at our branches and on our website. DD – Demand Draft EUR – Euro FCY – Foreign Currency GBP – Great Britain Pound GCCNET – Gulf Cooperation Council ATM Network MT – Mail Transfer N/A – Not applicable NAPS – National ATM and POS switch PIN – Personal Identification Number For more information, please contact QA – Qatar us at: QAR – Qatari Riyal PO Box 57 Airport Road RCMS – Receivables Management Building no. 150 System Umm Ghuwailina SI – Standing Instruction Doha, State of Qatar SMS – Short Message Service Telephone: 4438 3456 Hotline for customer enquiries TCI – Trade and Credit Information Facsimile: 4425 4391 TT – Telegraphic Transfers Website: www.hsbc.com.qa USD – US Dollars e-mail: [email protected] Issued by HSBC Bank Middle East Limited, P.O. Box 57, Doha, Qatar, incorporated under the laws of Jersey and regulated by the Jersey Financial Services Commission and Qatar Central Bank. MKT CMP 12549. 2 HSBC Commercial Banking | Tariff of Charges HSBC-QATAR Account Services Account Minimum Monthly Average Balance Monthly Charge if Minimum Average Balance not met Current Accounts QAR 15,000 QAR 200 USD 5,000 QAR 200 EUR 5,000 QAR 200 GBP 5,000 QAR 200 Call Deposit Accounts QAR 25,000 QAR 200 USD 7,500 QAR 200 EUR 7,500 QAR 200 GBP 7,500 QAR 200 Time Deposit Accounts* QAR 50,000 USD 20,000 Minimum opening balance required EUR 20,000 GBP 10,000 *See notes applicable to Time Deposit Account under Notes - Section A Issuance of Certificates Letter to Ministry of Business and Trade QAR 500 per request Balance Certificate QAR 100 per request Audit Confirmation Letter QAR 250 per request Trade and Credit Information (TCI) QAR 250 per request Other Certificates QAR 100 per request Account Mandate and Maintenance Change of Account Titles QAR 250 per account Penalty charges for non submission of renewed commercial registration certificate within 30 days QAR 500 per month of expiry Penalty charges for non submission of other mandatory documents requested by the bank from QAR 250 per month time to time Account Closure within 6 months of its opening QAR 250 per account closed Dormant Account Reactivation QAR 250 per account Unclaimed Account Reactivation QAR 250 per account Signature Verification QAR 50 per request SMS alert set up charges QAR 100 SMS alert monthly charges QAR 25 SMS alert amendment charges QAR 25 per request Issued by HSBC Bank Middle East Limited, P.O. Box 57, Doha, Qatar, incorporated under the laws of Jersey and regulated by the Jersey Financial Services Commission and Qatar Central Bank. MKT CMP 12549. 3 HSBC Commercial Banking | Tariff of Charges Account Statement Requests Monthly Mailed Copy No charge Additional statement copy QAR 100 per statement Outward - HSBC Bank Account Statements to QAR 500 per month other banks via SWIFT MT940 Inward - Other banks Account Statements to No charge HSBC via SWIFT MT940 Standing Orders / Instructions Set up Fee QAR 100 per instruction Amendment fee QAR 50 per instruction Insufficient funds QAR 200 per breach Cancellation No charge Cheques (QAR) Cheque Books Issuance QAR 50 per book of 50 leaves Specially Designed Cheque Books Actual cost plus QAR 300 per request Cheque Book mailing charges QAR 15 per cheque book Regular Priority Clearing (Same Day) No charge Medium Priority Clearing (within 2 hours) QAR 5 High Priority Clearing (within 1 hour) QAR 10 Executive Priority Clearing (within 10 Minutes) QAR 20 Special Clearing (within 30 minutes) (only cheques QAR 50 valued QAR 250,000 or greater) Foreign Currency Cheques Collection (If paid to QAR 50 plus other banks charges Customer’s Local Currency Account) Foreign Currency Cheques Collection (If paid to 0.25% commission (minimum QAR 50 plus other bank charges) Customer’s Foreign Currency Account) Foreign Currency Cheques Purchase (If paid in QAR 50 plus other banks charges QAR) Foreign Currency Cheques Purchase (If paid in 1% commission (minimum QAR 75 plus other banks charges) Foreign Currency Notes - subject to availability) Safe keeping of post dated cheques QAR 20 per cheque Cancellation of post dated cheques prior to QAR 40 per cheque maturity Returned Cheque handling charges (Cheque QAR 30 per cheque deposited to Account) Notice of Lost/Stolen Cheque* QAR 50 per cheque 0.125% of discounted amount (minimum QAR 15) plus interest for Bill/Cheques Discounting Facility the period Replacement/Premature Withdrawal of a QAR 50 per discounted item Discounted Item *See notes applicable to notice of lost/stolen cheque under Notes - Section B Issued by HSBC Bank Middle East Limited, P.O. Box 57, Doha, Qatar, incorporated under the laws of Jersey and regulated by the Jersey Financial Services Commission and Qatar Central Bank. MKT CMP 12549. 4 HSBC Commercial Banking | Tariff of Charges Returned Cheques Drawn On Own Account Insufficient Fund/Funds Not Cleared QAR 500 per cheque Technical Reason QAR 250 Other Applicable Charges Withdrawal without cheque QAR 50 per transaction Foreign Currency Notes Deposit or Withdrawal in 1% service charge (minimum QAR 100) same currency account (for account holders only) Mail Box QAR 800 per annum - subject to availability Replacement Key for the Mail Box QAR 100 per request International Courier Service QAR 50 plus courier charges per item Local Mailing charges QAR 50 per item International Mailing charges QAR 100 per item International Fax Service QAR50 per page Local Fax Service QAR 25 per page QAR 25 (Upto 3 months old) Retrieval of old records (Per Record) QAR 75 (3 to 12 months old) QAR 150 (over 12 months old) Express Banking Service Please contact your Relationship Manager Wage Packet Service Please contact your Relationship Manager Express Cash Service Please contact your Relationship Manager Payments* *See notes applicable to all payments under Notes - Section C Inward Transfer to Accounts within HSBC Qatar No charge Credit in Foreign Currency Account USD 20 equivalent in foreign currency Credit to third party bank in Local/Foreign Currency QAR 100 Paid in Local Currency Notes (for Account No charge Holders only) Outward Manual Local/Electronic Telegraphic Transfer (TT) QAR 90 International Telegraphic Transfer QAR 130 For Diskette: Local Transfer to a third party bank in Qatar - QAR 10 Salary/Bulk payments For Paper Schedules / Letters: Local Transfer to a third party bank in Qatar - QAR 10 Additional Fee by Channel: a) Electronic Banking Channels - No charge b) File* - QAR 100 c) Paper Schedules - QAR 200 per schedule *If one Diskette contains several files, each file will be charged seperately. Cashier Orders/Demand Drafts QAR 100 Issued by HSBC Bank Middle East Limited, P.O. Box 57, Doha, Qatar, incorporated under the laws of Jersey and regulated by the Jersey Financial Services Commission and Qatar Central Bank. MKT CMP 12549. 5 HSBC Commercial Banking | Tariff of Charges Additional charges to send Telegraphic Transfers in full. Only applicable if customer opts for charge QAR 100 type “OUR” Recall of Telegraphic Transfer Funds (subject to QAR 150 for the initial request funds still being within our control and not credited QAR 50 for each subsequent chaser to beneficiary account at the time of recall) Payment Investigations/ TT Fate Enquiry/ QAR 150 for the initial request Beneficiary claims non-receipt of funds QAR 50 for each subsequent chaser TT Amendment Request (sent to correspondent / QAR 150 for the initial request beneficiary banks ) QAR 50 for each subsequent chaser Payment Referral - If incomplete instructions sent QAR 25 to the processing unit Cancellation (with original Cashier Order/Demand QAR 70 Draft returned) Stop Payment of Lost/Stolen Cashier Order/ QAR 100 Plus Telex Charges (per Cashier Order/Demand Draft Demand Draft reported lost) HSBCnet 5 Security Devices + Account setup + Initial QAR 500 Training Additional Box of 5 Security Devices QAR 200 Password Reset QAR 50 Additional System Administrator No charge Additional Training Sessions QAR 250 per session HSBCnet Monthly Service charges - Standard QAR 200 per month Customer HSBCnet Monthly Service charges - Premium QAR 400 per month Customer (with File upload) International Remittances QAR 40 Local/Central Bank Transfer QAR 20 Cashier Order issuance (non Cheque QAR 20 Outsourcing Service) DD issuance (non Cheque Outsourcing Service) QAR 20 Internal transfer No charge Autopay Credits - Salary/Bulk payments within No charge HSBC (local) Autopay Credits - Salary/Bulk payments to other QAR 5 banks (local) Additional charges to send Telegraphic Transfers in full. Only applicable if customer opts for charge QAR 100 type “OUR” Recall of Telegraphic Transfer Funds (subject to QAR 150 for the initial request funds still being within our control and not credited QAR 50 for each subsequent chaser to beneficiary account at the time of recall) Payment Investigations/ TT Fate Enquiry/ QAR 150 for the initial request Beneficiary claims non-receipt of funds QAR 50 for each subsequent chaser Issued by HSBC Bank Middle East Limited, P.O.