|
| 1 |
CURRENT
ACCOUNTS |
| i |
Opening of New Account:
Min. initial deposit Personal Account
Min. initial deposit Business Account
Min. initial deposit Business Account
Min. initial deposit Business Account |
Le250,000
Le250,000
Le500,000
Le500,000 |
Unincorporated
Sole Proprietorship, Partnership & Co |
| ii |
To reactivate Dormant Account |
Le20,000 |
|
| iii |
Commission on Turnover per quarter
Minimum |
2.5% per mille
Le10,000 |
|
| iv |
To close account - Accrued ledger fee Minimum |
Le20,000 |
|
| v |
Cheque Book
25 Leaves
50 Leaves |
Le10,000
Le20,000 |
|
| vi |
Bankers Cheques Issued
Customer’s Commission
Minimum
Maximum
Non-Customer’s Commission
1% Minimum
Cancellation of Bankers Cheques |
Le15,000
Le30,000
Le30,000
Le5,000 |
|
| vii |
CREDIT FACILITIES
Establishment Fee
Personal Accounts:
upto 6 mths 2% Minimum
6 mths-1yr - 2.5% Minimum
Business Accounts:
upto Le10m - 2.5% Minimum
Le10m-Le25m - 2% “
Le25m-Le50m - 2% “ |
Le50,000
Le150,000
Le300,000
Le500,000 |
|
Minimum monthly interest on Overdraft
A/c
Excess Requests: up to 1 month
above 1 month |
Le20,000
- 1.25%
- 2.5% |
|
| ix |
Special Clearing (local) “ “
Special Clearing (outside Freetown) |
Le20,000
Le40,000 |
|
| x |
Unpaid ChequesRefer to Drawer
Effects not cleared |
Le50,000
Le40,000 |
|
| xi |
Stop Payment |
Le40,000 |
|
| xii |
Additional statement request |
Le5,000 per copy |
|
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