Please be advised that effective July 1, 2016, ACB will be increasing some of its banking service fees (check in-branch or below for more details). Alternate lower-cost electronic channels are: ATMS, Debit and Credit Cards, and Internet Banking. As of July 1, minimum open balance for Savings Account will be EC$100.00. Thank you for your continued support in making ACB your bank of choice.

REVISED FEES

Product Transactions New ACB Fees
Chequing account Minimum Opening Balance $500
Nsf returned cheque $90
Dishonoured Cheque returned for any other reason besides NSF $30
Regular Savings Account Minimum Opening Balance $100
Minimum Balance to avoid fees and earn interest $100
Below minimum balance fee $10
Safety Deposit Boxes Small boxes (1 1/2" x 5") $150
Medium boxes ( 2 1/2" x 5") $180
Large boxes ( 2 1/2" x 10") $200
Large boxes (4 1/5" x 5") $200
Listing of Contents $75

Foreign & Payment Services Transfers

Charge for Draft Sold when FX cheque is presented (United States Drafts only)

$20.20 cost of draft + 1% up to USD1000, amounts above will be subject to the following fee scale:

-$1001-$24,999 = 0.50%+$20.20
-$25,000-$49,999=0.33%+$20.20
-over $50,000 = 0.25%+$20.20
Charge for Draft Sold when FX cheque is presented (Canadian Drafts only) $20.20 cost of draft +0.75% of transaction value
International Money Order -Paid for in Local Currency $30.20
International Money Order-Paid for in Same Currency 1% of transaction value + $30.20
Returned FX Cheque $50 + foreign bank charge
Cashing/negotiating foreign cheque &/or drafts with local currency $10.20
Cashing/negotiating foreign cheque &/or drafts with foreign currency $10 + $10.20 per item
Cheques drawn outside correspondent bank network $40 + commission + other bank charges
Stop Payment $30 + correspondent bank charges
Traveller's Cheques Cashed in XCD

$10.20 per item

Cable & Telegraphic Transfers (incoming) Credit to the Bank’s books

$20

To pay another Bank

$30

Cable & Telegraphic Transfers (outgoing) USA & Central & South America;

$137.50

Canada

$137.50 per item + 0.75% of transaction value

Credit Product Fees

Amendment Fee charged to adjust terms and conditions of existing facilities

Businesses: 0.25% of amount owed, subject to a minimum of $500

Non-Utilization Fee charged to continue making undrawn facilities available to the Borrower

Businesses: 0.25% p.a. charged monthly on amount undrawn, subject to a minimum of $250 per month

Consumers: 0.25% p.a. charged monthly on amount undrawn, subject to a minimum of $50 per month.

Management