Statement of principal interest rates and service charges for domestic operations
(last updated on 3 November 2020)

We wish to inform our clients and the public in general that our tariff structure for Corporates is being revised and will be effective as from Tuesday 1 December 2020

  Interest rates Individuals Corporates Business banking
1 Deposits
  Savings Up to 0.85% per annum depending on savings account Rates available on request Rates available on request
  Call Rates available on request Rates available on request Rates available on request
  Term (Rs) Fixed rates available   Rates available on request
  Term (FCY) Fixed rates available   Rates available on request
 
2 Credit facilities (Rs)
  Prime lending rate (PLR) 4.80% 4.80% 4.80%
  Credit cards 2.13% monthly 2.13% monthly 2.13% monthly
  Other credit facilities - margin over PLR      
  > Overdrafts Between PLR + 6.40% and PLR + 8.40 % PLR + Applicable margin Absa PLR + Applicable margin
  > Unsecured loans Between PLR + 1.45% and PLR + 9.00% Depends on risk profile of client Depends on risk profile of client
  > Secured Loans Cash covered between PLR - 1.80% and PLR - 2.05% Depends on risk profile of client Depends on risk profile of client
  > Home Loans / Equity Loans Between PLR - 1.65% and PLR + 3.60% N/A N/A
 
3 Credit services (FCY)
  Margin over LIBOR N/A LIBOR + Applicable margin LIBOR + Applicable margin
  Individuals Corporates Business banking
4 Savings Accounts
  Easy Start Savings Account (No more on offer as new) (No more on offer as new)
  > Minimum account opening balance
Rs 5,000 N/A N/A
  > Minimum credit balance to earn interest
Rs 10,000 N/A N/A
  > Minimum operating balance Rs 5,000 N/A N/A
  > Monthly operating balance fee (if average credit balance falls below minimum operating balance) Rs 100 N/A N/A
   
  Instant Savings Account
 
  >Minimum Account Opening Balance
Rs 5,000 N/A N/A
  > Minimum Credit Balance to earn interest
Rs 10,000 N/A N/A
  > Minimum Operating Balance Rs 5,000 N/A N/A
  > Monthly Operating Balance Fee (if average credit balance falls below minimum operating balance) Rs 100 N/A N/A
 
5 Transactional Accounts
  > Minimum Account Opening Balance Up to Rs 12,000 N/A Rs 100,000
  > Cost of cheque book Up to Rs 5 per sheet Rs 6 per sheet Rs 6 per sheet
  > Monthly service charges Up to Rs 575 Minimum Rs 100 per month plus VAT for Local Currency account and USD 10 per month for Foreign Currency account
Rs 150 per month (VAT exclusive) for Local Currentcy account
  Counter withdrawal fee above Rs 20,000 Free N/A N/A
  Counter withdrawal fee below Rs 20,000 Free N/A N/A
 
6 Call Deposit Account No longer on offer as new  
  > Minimum balance Rs 50,000 Rs 100,000 Rs 100,000
  > Minimum Credit Balance to earn interest Rs 0.01 Rs 0.01 Rs 0.01
  > Monthly service charges N/A N/A
N/A
  Cash deposit fee les than Rs 50,000 N/A Free Free
  Cash deposit fee greater than Rs 50,000 N/A 0.2% flat 0.2% flat
 
7 Term Deposits (Rs)
  > Minimum Amount Rs 100,000 Rs 100,000 Rs 100,000
  > Deposit withdrawn before maturity
  • If within 3 months of date of deposit: no interest paid (both Fixed rate and Floating rate).
  • If the deposit is uplifted after 3 months, the interest rate payable will be either: (1)  Rate applicable for the period during which the deposit has remained in our books on the date deposit was made less 0.50% or (2) Prevailing savings rate, whichever the lower.
If deposit is uplifted after 3 months of date of deposit - the penalty to apply would be at the rate on offer for the premature tenor (period during which deposit remained in our books), at the time of the deposit was made less 0.5%
  • If deposit is uplifted within 3 months of date of deposit no interest is paid
  • If deposit is uplifted after 3 months of date of deposit - the penalty to apply would be at the rate on offer r the premature tenor (period during which deposit remained in our books) at the time deposit was made less 0.5%
 
8 Term Deposits (FCY)
  > Minimum Amount USD5,000 or equivalent USD 10,000 or equivalent  USD /EUR/GBP 10,000 or equivelant (min 1 month)
  > Deposit withdrawn before maturity
  •  If the deposit is withdrawn pre-maturely within 3 months of its start date, interests will not be paid on the deposit.
  • If the deposit is withdrawn pre-maturely after 3 months of its start date, the interests payable to the customer will be computed over the time period the deposit has been in place.
  • The interest rate applicable for the period will be the lower of the rate on offer at the time the deposit was made OR the prevailing rate at the date the deposit is uplifted.

Interest may be forfeited if funds are withdrawn within 3 months of date of deposit.

If deposit is cancelled or withdrawn after 3 months of date of deposit - the penalty to apply would be the rate on offer, for the period during which deposit remained in our books or the cost incurred by the bank for replacement of the deposit, whichever is higher. The penalty charge will remain at the bank’s discretion.

Interest may be forfeited if funds are withdrawn within 3 months of date of deposit.

If deposit is cancelled or withdrawn after 3 months of date of deposit - the penalty to apply would be the rate on offer, for the period during which deposit remained in our books or the cost incurred by the bank for replacement of the deposit, whichever is higher. The penalty charge will remain at the bank’s discretion.

 
9 Foreign Currency Account
  > Minimum Opening Balance    
  > EURO USD 2,000 or equivalent USD 2,000 or equivalent USD 2,000 or equivalent
  > Pound Sterling USD 2,000 or equivalent USD 2,000 or equivalent USD 2,000 or equivalent
  > US Dollar USD 2,000 or equivalent USD 2,000 or equivalent USD 2,000 or equivalent
  > Term Deposit in any Foreign Currency USD 5,000 or equivalent USD 10,000 or equivalent USD /EUR/GBP 10 000 or equivelant (min 1 month)
  - Minimum Balance for interest FIXED DEPOSIT ACCOUNTS ONLY FIXED DEPOSIT ACCOUNTS ONLY FIXED DEPOSIT ACCOUNTS ONLY
  - Monthly service charges N/A USD 10 equivalent (monthly) N/A
    Individuals Corporates Business banking
10 Loans and advances
  Loan maintenance fee Rs 60 per month VAT inclusive Rs 200 per month VAT inclusive Rs 100 per month VAT inclusive
  Commitment fee/ Non utilisation fee 1% undrawn balance after three months and 1% of any subsequent period of 12 months 1.0% of undrawn balance or as per the Loan Contract
1.0% of undrawn balance or as per the Loan Contrac
  Early redemption/prepayment Fee N/A 1.0% p.a. on amount paid in advance over the residual lifetime of the loan with a minimum of Rs 20,000 whichever is higher (early repayment fee is not applicable for loans under the Borrower Protection Act – credit facilities less than Rs 3,000,000) 1% p.a on amount paid in advance ver the residual lifetime of the loan with a minimum of Rs 20,000 (whichever is higher)
  For facilities falling under the Borrower Protection Act    
  Early repayment fee is not applicable. The costs of the valuation shall be met by the Bank if the loan applied for does not exceed the value of the property specified in the title deed. N/A 1% p.a. on amount paid in advance over the residual lifetime of the loan with a minimum of Rs 20,000, whichever is higher. 1% p.a. on amount paid in advance over the residual lifetime of the loan with a minimum of Rs 20,000, whichever is higher.
  Valuation survey and report fee As per Valuer's fee As per Valuer’s fee As per Valuer’s fee
  Search fee  
  > Simple Rs 150
   
  > Complex Rs 150 (for complex cases where the search report reveals more than 20 transcriptions and inscriptions, fees can go up to Rs250)
Minimum Rs 1,500 Rs 1500
  > Capital search Free of charge Free of charge Free of charge
  > Registration fee As levied by Registrar Office/National Transport Authority As levied by Registrar Office/National Transport Authority As levied by Registrar Office/National Transport Authority
  Legal charges for creation of security documents     As per loan contract
  > Security charges Rs 1,500 Rs 3,000 Rs 1,500
  >Notary fees for preparation of fixed charge for loan Rs 50,000 Maximum Rs50.000 Maximum Rs 50,000
  > Gages sans deplacement Up to Rs 1,000 Rs 2,000 Rs 1,500
  > Life policy, stocks and shares Rs 750 Rs 1,500 Rs 1,500
  > Personal guarantee Rs 750 Rs 1,500 Rs 1,500
  > Part erasure (Degrevement) Rs 500 Rs 1,000 Rs 1,500
  > Pari Passu Free Minimum Rs 2,000
Minimum Rs 1,500
  > Erasure of charges Up to Rs 100 per charge Rs 500 Rs 1,500
  Advances/Asset Finance arrangement fee 1% of contract amount (min Rs5,000 as per contract amount  
  Structuring and other fees As per agreement As per agreement
 
  Secured Loans and Mortgage Loans Unsecured Loans, Auto Loans, Educational Loans, and Cash Covered Loans
  Loan amount band Rs Processing fees Rs Loan amount band Rs  Processing fees Rs
  500,000 - 799,999
 5,000 100,000 - 199,999   2,500
  800,000 - 999,999
10,000 200,000 - 299,999   3,000
  1,000,000 - 1,999,999
15,000 300,000 - 499,999   5,000
  2,000, 000 - 2,999,999 25,000 500,000 - 699,999   7,000
  3,000,000 - 3,999,999 35,000 700,000 - 999,999  10,000
  4,000,000 - 4,999,999 45,000 1,000,000 - 2,499,999  25,000
  5,000,000 - 11,999,999 50,000 2,500,000 - 5,000,000  35,000
  12,000,000 & Above 50,000    
 
11 Guarantees
  Shipping guarantees
performance bond
Rs 2,000 Rs 2,000 Rs 2,000
  Performance bond 1.5% of amount per annum for the first Rs 5,000,000 (minimum Rs 1,000) Plus 1% per
annum for any extra amount over Rs 5,000,000
1.5% of amount per annum for the first Rs 5,000,000.
Plus 1% per annum for any extra amount over Rs 5,000,000 (minimum Rs 1,500)
1.5% of amount per annum for the first Rs 5,000,000.
Plus 1% per annum for any extra amount over Rs 5,000,000 (minimum Rs 1,500)
  Tender bond 1% of amount for the first 6 months or part thereof (minimum Rs 1,000) 0.25% of amount
for each additional period of three months or part thereof (minimum Rs 1,000)
1% of amount for the first 6 months or part thereof (Minimum Rs
1,000) 0.25% of amount for each additional period of three months or
part thereof (minimum Rs 1,000)
1% of amount for the first 6 months or part thereof (Minimum Rs
1,000) 0.25% of amount for each additional period of three months or
part thereof (minimum Rs 1,500)
  Aval of negotiable instrument 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,500)
  Advance payment bonds 2% of amount per annum (minimum Rs 1,000) 1% of amount per annum (minimum Rs 1,500)
1% of amount per annum (minimum Rs 1,500)
  Retention bonds 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,500) 2% of amount per annum (minimum Rs 1,500)
  Payment guarantees 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,500)
  Customer guarantees 1.5% of amount per annum (minimum Rs 1,000) 1.5% of amount per annum (minimum Rs 1,500)
 
1.5% of amount per annum (minimum Rs 1,500)
  Guarantees in favour of Corporate/Government bodies for loans disbursement 2% of amount per annum (minimum Rs 1,000)    
  Other guarantees 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,000) 2% of amount per annum (minimum Rs 1,500)
  Immigration bond 1.5% of amount per annum (minimum Rs 1,000) 1.5% of amount per annum (minimum Rs 1,000) 1.5% of amount per annum (minimum Rs 1,500)
  Financial standing Rs 5,000
0.10 % with a minimum of Rs 5,000 and maximum of Rs 100,000 or as per agreement Rs 5,000
  Canellation fee   Rs 1,000 Rs 1,000
  Garantie Future D’Achevement   As per agreement As per agreement
 
  Amendments to guarantees
  > Amount/Period etc Issuance charges apply
Issuance charges apply
Issuance charges apply
 
> Other

Rs 500

 


Rs 1,000

Rs 500
  > Processing of claim - inward guarantees Rs 1,000 Rs 1,000 Rs 1,000
  > Advising of inward guarantee Rs 1,000

Rs 1,000

Notes : Charges will be collected upfront, on issuance date, for the full lifetime of the guarantee and are not refundable in case of early cancellation.

Rs 1,000
 
  Export documentary letters of credit inward
  For advising a credit without adding confirmation N/A Rs 400 Rs 400
  Adding confirmation N/A According to country and bank risk profile According to country and bank risk profile
  Transfer of credit - Beneficiary inside Mauritius N/A 0.25 % of amount; minimum Rs 1,000 plus SWIFT charges Rs 250 0.25 % of amount; minimum Rs 1,000 plus SWIFT charges Rs 250
  Transfer of credit - Beneficiary outside Mauritius

N/A 0.25 % of amount minimum Rs 1,000 plus SWIFT charges Rs 500 0.25 % of amount; minimum Rs 1 000 plus SWIFT charges Rs 500
  Un-utilised fee (if credit is 100% not utilised) N/A Rs 1000 Rs 1,000
  Cancellation N/A Rs 1,000 + overseas bank charges where applicable Rs 1,000
  Pre-Advice N/A Rs 400 Rs 400
  Advising on amendment N/A Rs 400 Rs 400
  Postage/Courier services N/A Rs 1,000 Rs 1,000
  Payment/Negotiation commission - in FCY N/A 0.125% of amount minimum Rs 500 plus handling fee 0.125% of amount minimum Rs 500 plus handling fee
  Payment/Negotiation commission - in Rs N/A 0.50% of amount minimum Rs 500 plus handling fee 0.50% of amount minimum Rs 500 plus handling fee
  Draft/Document acceptance N/A Rs 500 Rs 500
  Handling fees N/A Rs 500 Rs 500
  Local fees N/A Rs 200 Rs 200
  Swift charges N/A Rs 250 Rs 250
 
  Import documentary letters of credit (outward)
  Opening commission/ extension - Manual application N/A 0.5% of amount for the first six months or part thereof (minimum Rs 1500) 0.5% of amount for the first six months or part thereof (minimum Rs 1500)
  Electronic channel 0.37% of amount for the first 6 months or part thereof (minimum Rs 1,500)
  Amount increased commission
N/A 0.25% of amount for each additional quarterly period or part thereof (minimum Rs 750) plus SWIFT charges Rs 500 0.25% of amount for each additional quarterly period or part thereof (minimum Rs 750) plus SWIFT charges Rs 500
  Acceptance/Deferred payment N/A 0.125% of amount per month or part thereof (minimum of Rs 500) 0.125% of amount per month or part thereof (minimum of Rs 500)
  Payment N/A 0.25% of amount (minimum Rs 1000) plus SWIFT charges Rs 250) 0.25% of amount (minimum Rs 1000) plus SWIFT charges Rs 250)
  Amendments N/A Rs 500 plus SWIFT charges Rs 250 Rs 500 plus SWIFT charges Rs 250
  SWIFT charges letter of credit (LC) opening N/A Rs 500 Rs 500
  SWIFT charges letter of credit (LC) amendments & other messages N/A Rs 300 Rs 300
  Discrepancy fee - account beneficiary N/A USD 100 USD 100
  Local fee N/A Rs 250
Rs 250
  Un-utilised fee N/A Rs 1,000 Rs 1,000
  Cancellation fee N/A Rs 1,000 Rs 1,000 + overseas bank charges
  Revolving letter of credit (LC) N/A 1% of amount per annum (minimum Rs 5,000) 1% of amount per annum (minimum Rs 5,000
 
  Export bills for collection (outward)
  Inward Bill for Collection Commission - Foreign N/A 0.5% of amount (minimum Rs 1,000) plus SWIFT postage and local fees 0.5% of amount (minimum Rs 1,000) plus SWIFT postage and local fees
  Inward Bill for Collection Commission - Local N/A 0.5% of amount (minimum Rs 1,000) plus postage and local fees 0.5% of amount (minimum Rs 1,000) plus SWIFT, postage and local fees
  Postage fee/Courier charges N/A Rs 1,000 As per courier charges
  Local fee N/A

Rs 200

Rs 250
  Swift charges fee N/A Rs 300 Rs 250
  Fee for conversion of documents against payment (D/P) Tenor to
documents against acceptance (D/A) Tenor or extension of payment
N/A 0.5% of amount (minimum Rs 1,000) 0.5% of amount (minimum Rs 1,000)
  Commission on unpaid bills N/A 0.5% of amount (minimum Rs 1,000) 0.5% of amount (minimum Rs 1,000)
  Commission on overdue bills N/A Rs 500 fortnightly Rs 500 fortnightly
  Endorsement/Avalisation of bills N/A 2 % per annum (minimum Rs 1,000) 2 % per annum (minimum Rs 1,000)
  Handling fee   N/A Rs 500
  Protest fee   No protest arrangement provided by the bank  
 
  Import bills for collection (inward)
  Outward bills for collection commission N/A 0.5% of amount (minimum Rs 1,000) 0.5% of amount (minimum Rs 1,000)
  Commission on unpaid bills N/A 0.5% of amount (minimum Rs 1,000) 0.5% of amount (minimum Rs 1,000)
  Local fees N/A Rs 200
Rs 250
  Handling fees N/A Rs 500 per chaser Rs 500
  SWIFT charges N/A Rs 250 Rs 250
  Postage/Courier services N/A Rs 1,000 As per courier charges
 
  Bills discounting/ Invoice discounting
  Foreign currency bills N/A LIBOR plus applicable risk margin plus handling fees LIBOR plus applicable risk margin plus handling fees
  Local currency bills PLR plus applicable risk margin plus handling fees PLR PLUS applicable risk margin plus handling fees
PLR PLUS applicable risk margin plus handling fees
  Foreign currency invoices N/A LIBOR plus applicable risk margin plus handling fees LIBOR plus applicable risk margin plus handling fees
  Local currency invoices PLR plus applicable risk margin plus handling fees PLR plus applicable risk margin plus handling fees
PLR plus applicable risk margin plus handling fees
  Handling commission - Foreign currency N/A USD 50 USD 50
  Handling commission - Local currency Rs 500 Rs 500 Rs 500
 
  Multi Option Working Capital Facilities      
  Renewal Fee for Multi Option Facilities 1% of amount (min Rs 10,000) 1% of amount (min Rs 5,000)
  Excess (approved debit limit overdrawn) 5% above agreed interest rate per annum 5% above agreed interest rate per annum
  Fee on un-utilised amount 0.5% per annum collected on a monthly basis in arrears  
    Individuals Corporates Business banking
12 Treasury bills
  Account opening fee Rs 250 Rs 250 Rs 250
  Transaction fee 0.15% - 0.40%

Rs 100,000 to Rs 499,999.99: 0.40%                                                                                 

Rs 500,000 to Rs 2,499,999.99: 0.35%    

Rs 2,500,000 to Rs 4,999,999.99: 0.25%  

Rs 5,000,000.00: 0.15%                                                    

Rs 100,000 to Rs 499,999.99: 0.40%                                                                                 

Rs 500,000 to Rs 2,499,999.99: 0.35%    

Rs 2,500,000 to Rs 4,999,999.99: 0.25%  

Rs 5,000,000.00: 0.15%

 
13 Debit cards*
  Annual fee Free of charge N/A Free of charge
  Replacement fee
(not applicable to Platinum Debit Card)
Rs 115 (VAT inclusive) N/A Rs 115 (VAT included)
  Withdrawals
(not applicable to Platinum Debit Card)
    N/A
  > Absa Bank's ATM Free N/A Nil
  > Other bank's ATM Rs 50 N/A Rs 50
  > Overseas Rs 75 N/A Rs 75
  Foreign exchange (FOREX) fee on debit card*
(Applicable to all debit cards)
3% N/A 3%
 

Statement request (request for statement of account via ATM)*

*(not applicable to Platinum Debit Card)

MUR 25 per statement + postage fee N/A MUR 25 per statement + postage fee
  *Terms and conditions apply.      
 
14 Others
 

Telegraphic transfer

USD 10 or equivalent

USD 10 or equivalent in currency concerned

USD 10 or equivalent in currency concerned

 

MACSS facility

*for fees and charges in relation to Absa access online and trade management online services, please contact your dedicated Relationship Manager

Through Internet Banking: Rs 75

Over the counter: Rs 125

Through Internet Banking: Rs 100

Over the counter: Rs 125

Through Business Internet Banking: Rs 75*

Over the counter: Rs 125

  > Through internet banking Rs 75 Rs 100 Rs 75
  > Over the counter Rs 125 Rs 100 Rs 125
  Audit confirmation certificate Rs 175 - Rs 600 Rs 1,000 Rs 1,000
  Testimonial/Banker's reference fee Rs 300 Rs 300  
  Letter of reference Rs 300 Rs 500 per letter
Rs 500
  Payroll fee - manual Free Rs 50 per transaction
Rs 50 per transaction
  Payroll fee – Integrator/ Business Internet Banking Free Rs 10 per transaction Payroll fee -electronic banking/sfi Rs 10
  Electronic banking fee

Free

Absa Integrator: Rs 500 (monthly subscription fee)

Business internet banking Rs 100 per month (VAT included)

  Duplicate statement of account Up to Rs 40 per sheet Rs 50 per sheet Rs 50 per sheer
  eStatement Free Free  
  SWIFT statement MT940, MT942, MT900, MT910, MT920, MT950 N/A Rs 750 per account per month Rs 750 per account/monthly
 
15 Standing instructions
  > Another Absa account - excluding loans with Absa Up to Rs 10 Rs 10 Rs 10
  > Transfer to other banks Up to Rs 30 Rs 30 Rs 30
  Unpaid standing order Rs 100 Rs 150 Rs 150
  Direct debit (all types)
Up to Rs 10 Up to Rs 15 Up to Rs 15
  Unpaid direct debit Rs 100 Rs 150 Rs 100
  Purchase of foreign cheques/bank drafts Rs 125 + Overseas bank charges for foreign cheques/ drafts in CHF 10 per item Rs 300 + overseas bank charges as incurred
Repurchase of foreign cheques /bank drafts Rs 300 + overseas bank charges incurred
 
  Deposit of foreign currencies
  > Notes/Travellers cheques/Drafts

1% in lieu of exchange (minimum charge USD 10 and maximum USD 150 or equivalent).

Notes: 1% commission in lieu of exchange on amount maximum Rs 5,000

Travellers cheques/drafts: 1% commission in lieu of exchange on amount deposited.

Notes: 1% commission in lieu of exchange on amount maximum Rs 5,000

Travellers cheques/drafts: 1% commission in lieu of exchange on amount deposited.

  Issue of drafts 0.5% commission in lieu of exchange (minimum USD 25; maximum USD 100) 0.5% commission in lieu of exchange (minimum USD 25; maximum USD 100) 0.5% commission in lieu of exchange (minimum USD 25; maximum USD 100)
  Office cheque/Bankers cheque issuance Rs 100 to Rs 150 Rs 150 Rs 200
  Special clearance Free Rs 200 Rs 200
  Cheque returned      
  > Inward Rs 25 Rs 100 Rs 200
  > Outward Rs 350 Rs 350 Rs 350
  Stop payment orders

Lost/Stolen - free
Others - Rs 200

Lost/Stolen: Rs 100
Others : Rs 125

Lost/Stolen: Rs 200
Others : Rs 200

  ATM access fee foreign cards Rs 200 per transaction Rs 200 per transaction Rs 200 per trasnaction
  SMS alert to customer Free Free Free
 
17  Credit cards    
   
Type of cards Absa Classic Absa Platinum Absa Gold Absa Corporate Classic
Interest fee (monthly) 2.13% 2.13% 2.13% 2.13%
Annual fee Rs 172.50 (VAT inclusive) Rs 1,725 (VAT Inclusive) Rs 862.50 (VAT inclusive) Rs 460 (VAT included)
Additional cardholder Rs 172.50 (VAT inclusive) Rs 1,150 (VAT Inclusive) Rs 575 (VAT inclusive) Rs 460 (VAT included)
Late payment fee 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200
Excess limit fee 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200 1% of amount due, minimum Rs 200
Cash advance fee 2% per transaction, minimum Rs 150
2% per transaction, minimum Rs 150 2% per transaction, minimum Rs 150 2% per transaction, minimum Rs 150
Returned fee
Rs 350 per item Rs 350 per item Rs 350 per item Rs 350 per item
Increase limit fee NIL NIL NIL NIL
Replacement fee Rs 200 Rs 200 Rs 200 Rs 200
Interest free period Up to 52 days Up to 52 days Up to 52 days Up to 52 days
Minimum payment 5% or minimum Rs 100 5% or minimum Rs 2,000 5% or minimum Rs 1,000 5% or minimum Rs 100
Forex fee 3% 3% 3% 3%
Instalment fee Rs 500 Rs 500 Rs 500 Rs 500
 
18. Custody services      
Safekeeping and transaction fees are negotiable subject to asset selection and respective country/markets
speech bubble with question mark

Need more help?

Call:

Tel: +230 402 1000
(24/7 Contact Centre)

Email:

customer.contact@absa.africa

Talk to us