Account Access Services

Internet Banking
4Subscription fee 4Security Token - First acquisition/ replaced device Free Rs 500 per device

Mobile Banking
4Mobile Internet Banking 4SMS ReFill service 4SMS Banking Free access Free access -SMS sent by customer: Re 0.50 per SMS [Excluding cost of mobile network operator] -SMS received (Alerts) by customer: Re 1.00 per SMS Free access Free of charge Rs 50 1.0% of amount withdrawn, minimum Rs 75 + conversion fee of 2.0% Re 1 per printed receipt Rs 10 per printed receipt Rs 2 per as from the third statement within a month

ATM
4ATM 4Commission on withdrawal - Through a MCB ATM 4Commission on withdrawal - Through another local bank ATM 4Commission on withdrawal - Abroad 4Account balance enquiry through MCB ATM 4Account balance enquiry through a local bank ATM 4Mini statement request

Accounts
Savings Account Regular
4Savings rate 4Minimum account opening balance 4Minimum credit balance to earn interest 4Reissuance/ Replacement of passbook/ Account Card 4Statement fee on quarterly/ monthly issuance of paper statements of account [June & December issuance free of charge] 3.65% per annum Rs 1,000 Rs 3,000 Rs 25 Rs 15 per issuance

Savings Account Junior

4Savings rate 4Minimum account opening balance 4Minimum credit balance to earn interest 4Reissuance/ Replacement of passbook 3.65% per annum Rs 500 Rs 500 Rs 25

Current Account Regular

4Minimum account opening balance 4Minimum credit balance to earn interest 4Service fee 4Debit interest on unauthorised overdrawn balances 4Statement fee on daily/ weekly/ twice monthly/ monthly/ quarterly issuance of paper statements of account [June & December issuance free of charge] Rs 1,000 No interest payable Rs 10 + VAT per month 5% above rate applicable to the overdraft/ account category of customer Rs 15 per issuance

Foreign Currency Account

4Minimum account opening balance 4Minimum credit balance to earn interest 1,000 EUR/ USD/ AUD 500 GBP/ 1,500 CHF/ 3,000 ZAR 2,000 EUR/ GBP/ USD 7,500 AUD/ CHF 20,000 ZAR 10 USD + VAT half yearly

4Service fee

Rates and other fees & charges applicable to Foreign Currency Account are available at our counters.

Deposit Account in local currency

4Minimum deposit amount Rs 50,000 [3-month deposits: Minimum Rs 100,000] Interest forfeited

4Deposit withdrawn before maturity within 3 months 4Deposit withdrawn before maturity after 3 months: A penalty rate of 1% p.a. applicable to the redeemed capital Interest payable: -If pre-terminated between 3 and 12 months from date of deposit: Savings rate will apply over the period actually covered by the deposit -If pre-terminated after 12 months from date of deposit: the interest rate applicable will be that of the preceding term. Amount of interest payable will be computed from the deposit date to the pre-terminated date and adjusted accordingly. Rates and other fees & charges applicable to Deposit Account are available at our counters.

Deposit Account in foreign currency

4Minimum deposit amount 4Deposit withdrawn before maturity 5,000 GBP/ USD/ EUR 10,000 AUD/ 50,000 ZAR Penalty rate of 1.5% p.a. charged on the amount being redeemed over the period between the date of pre-termination and the date of maturity of the deposit

Rates and other fees & charges applicable to Deposit Account are available at our counters.

Accounts Transactions or Services

Local Funds Transfer | Internal Transfer
At Counter On Internet Banking 4For credit to a MCB account pertaining to the same customer Rs 15 Free 4For credit to a MCB account not pertaining to the same customer Rs 15 Free Note: Other fees and charges apply in case of debit of a Foreign Currency Account and are available at our counters.

Local Funds Transfer | Domestic Transfer

At Counter On Internet Banking 4For credit to another local bank account through MACSS Rs 100 Rs 75 Note: Other fees and charges apply in case of debit of a Foreign Currency Account and are available at our counters.

International Funds Transfer | Inward Transfer

4Telegraphic transfer Rs 100 (Free of charge in case of credit of a Foreign Currency Account)

International Funds Transfer | Outward Transfer

4Through SWIFT Rs 325 + overseas bank charges where applicable Note: Other fees and charges apply in case of debit of a Foreign Currency Account and are available at our counters.

Standing Instruction
Rs 6 4Credited to a MCB account 4Credited to another local bank account Rs 25 4Overseas Standing Instruction Rs 25 + Overseas Bank Charges 4Unpaid Standing Instruction Rs 100 Note: An additional postage charge may be claimed in case a payment is made under a standing order direct by the bank to a beneficiary resident outside Mauritius

Direct Debit
4Per direct debit 4Unpaid Direct Debit Rs 6 Rs 100

Debit Card
Mr Best-Maestro card
4Annual fee 4Replacement fee for lost/ stolen card Free Rs 50 + VAT per card

Fleetman Debit Card

4Annual fee 4Replacement fee for lost/ stolen card 4Transaction fee Free Rs 200 + VAT Rs 4 per transaction

Credit Card
Annual Fee
4American Express Green 4American Express Gold 4MasterCard/ VISA Classic 4MasterCard/ VISA Gold 4MasterCard Primo Primary Card Rs 1,500 + VAT Rs 3,000 + VAT Rs 200 + VAT Rs 800 + VAT Rs 150 + VAT Secondary Card Rs 1,000 + VAT Rs 2,000 + VAT Rs 150 + VAT Rs 600 + VAT Rs 150 + VAT

Cash Advance Fee

4American Express Green/ Gold 4MasterCard Classic/ Gold/ Primo 4VISA Classic/ Gold 2% of amount withdrawn, minimum Rs 100 2% of amount withdrawn, minimum Rs 50 2% of amount withdrawn, minimum Rs 50

Card Replacement Fee

Free 4American Express Green/ Gold Free 4MasterCard/ VISA Gold Rs 200 + VAT 4MasterCard/ VISA Classic Rs 200 + VAT 4MasterCard Primo Rs 200 + VAT 4Fleetman Note: Emergency card fee, in case replaced card needs to be delivered urgently abroad, is Rs 2,000 + VAT

Overlimit Fee
4American Express Green/ Gold 4MasterCard Classic/ Gold/ Primo 4VISA Classic/ Gold Rs 200 Rs 150 Rs 150

Late Payment Fee

4American Express Green/ Gold 4MasterCard Classic/ Gold/ Primo 4VISA Classic/ Gold Rs 200 Rs 150 Rs 150

Administrative Fee
4Fleetman Rs 40 monthly

Interest Rates
4MCB Prime Lending Rate (PLR) 4American Express Green/ Gold 4MasterCard Classic/ Gold/ Primo 4VISA Classic/ Gold 4Fleetman 7.40% per annum PLR + 9.50% per annum PLR + 13.50% per annum PLR + 13.50% per annum 16.75% per annum

Other fees & charges applicable to credit cards are available at our counters.

Reports & Guarantees

Confidential Reports
4Auditors Report 4Testimonial for educational/ medical purpose 4Testimonial for travel purpose - for local residents 4Testimonial for travel purpose - for foreigners 4Letter of reference 4Clearance certificate 4Loan balance certificate For recurrent service: Rs 400 For ad hoc/ outside date request: Rs 800 For the first copy: Rs 100 For each additional copy: Rs 25 For the first copy: Rs 300 For each additional copy: Rs 100 For the first copy: 20 USD For each additional copy: 5 USD Rs 500 Rs 300 Rs 300

Guarantees
4Performance bonds -For first Rs 5 million: 1.5% p.a. -For any amount above Rs 5 million: 1.0% p.a., minimum Rs 1,500 -For first 180 days: 1.0% flat, minimum Rs 750 -For each additional period of 90 days or part: 0.25% flat, minimum Rs 750 -For the first two months: Rs 800 -For each additional period of one month or part: Rs 300 1.0% p.a., minimum Rs 1,500 2.0% p.a., minimum Rs 1,000 1.0% p.a., minimum Rs 1,500 2.0% p.a., minimum Rs 1,500 Rs 300 per month 1.0% p.a., minimum Rs 1,500 Rs 500 Rs 1,000

4Tender bonds

4Shipping bonds

4Guarantees to the Customs & Government bodies covering payment of cheques 4'Aval' of negotiable instruments 4Advance payment bonds/ Retention money bonds 4Guarantees in favour of Corporate/ Government bodies for disbursement of loans/ banking facilities 4Unredeemed shipping guaranteed commission 4Guarantee in favour of IVTB 4Amendment fee 4Cancellation fee

Financing
Lending Rates
7.40% per annum 4MCB Prime Lending Rate (PLR) Interest rates vary according to loan amount, purpose, level of financing or customer's existing facilities with the bank. More details are available at our counters.

Processing Fee
4Unsecured loans 4Educational/ housing loans 4Other secured loans & overdraft 4Renewal of facility 4Temporary overdraft facility 1% of facility amount, minimum Rs 750/ maximum Rs 25,000 1% of facility amount, minimum Rs 3,000/ maximum Rs 25,000 1% of facility amount, minimum Rs 1,000/ maximum Rs 25,000 0.50% of facility amount, minimum Rs 500/ maximum Rs 3,000 Rs 500

Prepayment Option Fee

0.75% of facility amount 4Prepayment option fee Note: Prepayment option fee is not applicable for loans falling under the Borrowers' Protection Act

Loan Commitment Fee

4Commitment fee 1% of any undrawn balance as at 3 months after

date of letter of conditions + 1% per annum for any subsequent periof of 12 months

Early Repayment Fee

1% of loan amount prepaid 4Educational/ housing loans 2% of loan amount prepaid, minimum Rs 3,000 4Other loan types Note: Early repayment fee is not applicable for loans falling under the Borrowers' Protection Act or in case the prepayment option fee has been paid upfront

Amendment/ Cancellation Fee

4Amendment/ cancellation fee Rs 300

Recovery of balance
4Recovery of balance All expenses including legal fees, commission & costs not exceeding 10% of the sum covered

Valuation Survey & Report Fee

4Valuation survey & report fee 0.5% of loan amount, minimum Rs 1,000/ maximum Rs 5,000 Note: Fee is not applicable in case of banking facilities of Rs 50,000 or less and at renewal of a credit facility

Site Inspection Fee

4Site inspection fee Rs 500 per site visit

Legal & Administration Fees

4Pari-Passu documents 4'Cession de Priorit' 4Erasure of charges ('Radiation') 4Part erasure of charges ('Dgrvement') 4Fixed/ Floating charges & Gage sans deplacement Rs 500 Rs 500 Rs 50 Rs 500 Rs 100

Other rates, fees & charges applicable to credit facilities are available at our counters.

Other Services
Cheque
4Cost of cheque books 4Stop cheque request 4Cheque returned/ Dishonoured cheque 4Special presentation of cheques (minimum amount of Rs 200,000) Rs 4 per sheet Rs 100 per request, irrespective of number of cheques stopped Rs 250 per cheque -To other local banks: Rs 100 per cheque -From other local banks: Rs 150 per cheque

Office Cheque/ Bank Draft/ Travellers' Cheque

Rs 150 4Issue of bank cheque - By debit of account or paid by MCB cheque Rs 200 4Issue of bank cheque - Paid by cash Rs 200 4Issue of bank draft - By debit of account or paid by MCB cheque Rs 300 4Issue of bank draft - Paid by cash 2.50% 4Issue of AMEX Traveller's Cheque Rs 150 4Deposit of drafts & Miscellaneaous Remittances Abroad Rs 5 per item, minimum Rs 50 per transaction 4Purchase of Traveller's Cheque Note: Other fees and charges apply in case of debit/ credit of a Foreign Currency Account and are available at our counters.

Safe Deposit Lockers

4Annual rental fee -Type A: Rs 1,500 + VAT -Type B: Rs 2,250 + VAT -Type C: Rs 3,125 + VAT -Type D: Rs 5,000 + VAT

-Type E: Rs 1,000 + VAT

Copies, photocopies & Duplicate Printouts

4Interest tax certificate 4Statement of account or other documents Rs 15 per copy -Electronic archives: Rs 15 + Rs 5 per sheet -Manual archives: Rs 100 + Rs 5 per sheet

SWIFT Account Statement

4SWIFT Statement fee Note: Fee varies according to dispath frequency Rs 500/ 600/ 800

Treasury Bills
4Minimum account opening balance 4Transaction fee Not applicable 0.25%, minimum Rs 1,000/ maximum Rs 2,500

Disclaimer The MCB Rates and Fees shall apply to the products and services provided by the Mauritius Commercial Bank Ltd ('the Bank') as from the 20th June 2012. The Bank may, from time to time, amend, add or substitute its interests, fees, charges, commissions and accessories or any one or more of them. Such amendments shall be duly communicated to its customers by way of notices in all Bank's branches and on its website www.mcb.mu For more information on the MCB Rates and Fees, please do contact us on 202 6060.