We have outlined our schedule of charges valid from April 1, 2009 to September 30, 2009
Notice of future changes in our service charges will be available on our website.
Unless otherwise stated, all fees and charges are in US Dollars.
Account Maintenance Charges
| |
Checking Accounts* |
Savings Accounts* |
| Account opening amount |
$1,000* |
$1,000* |
| If average monthly balance is > = $ 1,000 |
Nil |
Nil |
| If average monthly balance is < = $ 1,000 |
$ 10.00 per month |
$ 10.00 per month |
| Transaction Charges |
|
|
| Online ACH transfers (within USA) |
No charge |
No charge |
| Business Remittance Charges (Wire) |
|
|
| Charges for Inward Remittance |
No charge |
No charge |
| Charges for Outward Remittance in USD |
$10.00 |
$10.00 |
| USD - INR Remittances |
No charge |
No charge |
| Check Handling and Collection |
|
|
| Issuance of Banker's Check |
$10.00 |
$10.00 |
| Non USA check collection (US Dollars or foreign currency check payable outside USA) |
$75.00 |
$75.00 |
| Stop Payments |
$10.00 |
$10.00 |
| Returned items (including mail advice to payee) |
$ 25.00 incl. Mail advice |
$ 25.00 incl. Mail advice |
| Returned items (for international items) |
$ 100.00 + Mail advice |
$ 100.00 + Mail advice |
| Please note that third-party charges/correspondent bank fees and charges may apply for collection items. |
|
|
| Monthly statements |
No charge |
No charge |
| Duplicate paper statement |
$10.00 |
$10.00 |
| Insufficient Funds Fee (NSF) |
|
|
| Fee per item paid despite insufficient funds |
$25.00 |
$25.00 |
Temporary Overdraft Interest rates (Charged for
the number of days the account is overdrawn) |
ICICI Bank Prime Lending rate + 5% |
ICICI Bank Prime Lending rate + 5% |
|
*Conditions apply, All Charges are exclusive of any state and federal taxes (if applicable) and service is to be charged as per the applicable tax laws in various states of United States of America.
Check-book Issuance
Check book Issuance for Checking account The first check book ( 3 to a page) of 250 leaves would be included in the checking account opening docket, free of charge. This would include deposit tickets. Orders for any subsequent or additional check books and deposit tickets set would be charged at $60.00 for a check book of 250 leaves. Check books will be issued for business savings accounts also
Trade Business Remittances and Bill Collection Charges
| Bill collection charges |
| Head |
Charges |
Collection Bills including Bills under LC
|
Upto USD 10000: USD 75 |
| Above USD 10,000: USD 125 |
| + P&T/SWIFT If applicable |
Dishonored bills Charges
|
USD 150 |
| + P&T/SWIFT If applicable |
| |
| Other charges |
| Head |
Charges |
| Postage/Courier Charges (Domestic) |
USD 25 or Actual whichever are higher |
| Postage/Courier Charges (Intl) |
USD 60 or Actual whichever are higher |
| SWIFT |
USD 10.00 |
| Fax |
USD 10.00 |
| Wire Payment |
USD 10.00 |
| Payment by Check |
USD 10.00 |
|
Conditions Apply:
Business Checking Account: ICICI Bank Limited, New York Branch’s ("Branch") business checking account is provided to customers with a minimum deposit of $ 100,000. However, the Branch may accept initial deposits of less than $100,000 if the business entity falls/is covered by any exclusion/exemption (12.C.F.R 28.16). Please contact us at 646-827-8415 for further details.
Business Savings Account: ICICI Bank Limited, New York Branch’s ("Branch") business savings account is provided to customers with a minimum deposit of $ 100,000. However, the Branch may accept initial deposits of less than $100,000 if the business entity falls/is covered by any exclusion/exemption (12.C.F.R 28.16). Please contact us at 646-827-8415 for further details.
If you already have an existing relationship with the New York Branch (Checking or Savings account); no initial or minimum deposit is required to open a Checking or Savings account. For further information, please contact us at 646-827-8415. Other exclusions also apply.
|
