Survey of Bank Charges

As at end-March, 2021

Financial Stability Department

Charges published in this report are as submitted by each bank.

Contents
Abbreviations ...................................................................................................................................................................................................................................................................... 2
DOMESTIC BANKING PRODUCTS AND SERVICES ................................................................................................................................................................................................ 3
Savings Account: Initial Deposit Required, Minimum Operating Balance and Maintenance Fee ..................................................................................................................... 4
Savings account: E-banking Products and Services Fees ...................................................................................................................................................................................... 5
Current Account: Initial Deposit Required (IDR) and Minimum Operating Balance (MOB) ............................................................................................................................... 6
Current Account Charges: Commission on Turnover (COT) .................................................................................................................................................................................. 7
Current Account Charges: Service Charges (Per Month) ....................................................................................................................................................................................... 8
Current Account Charges: E-banking Products and Services Charges ................................................................................................................................................................ 9
Cost of Cheque and Savings Withdrawal Booklets ................................................................................................................................................................................................ 10
Bank Statement Fees ................................................................................................................................................................................................................................................. 11
Bank Draft Fees ........................................................................................................................................................................................................................................................... 12
Charges on Stopped Cheques, Express Clearing and Standard Clearing ......................................................................................................................................................... 13
Lending fees: Commitment fees................................................................................................................................................................................................................................ 14
Lending fees: Processing and Arrangement Fees ................................................................................................................................................................................................. 15
Lending Fees: Facility and Insurance Fees ............................................................................................................................................................................................................. 16
Overdraft Processing & Guarantee Commissions .................................................................................................................................................................................................. 17
ATM Fees ..................................................................................................................................................................................................................................................................... 18
INTERNATIONAL BANKING PRODUCTS AND SERVICES ................................................................................................................................................................................... 19
Foreign Currency/Exchange Account ....................................................................................................................................................................................................................... 20
Letters of Credit (Import): Without Cash Cover ....................................................................................................................................................................................................... 21
Letters of Credit (Import): Full and Partial Cash Cover .......................................................................................................................................................................................... 22
Letters of Credit (Export) ............................................................................................................................................................................................................................................ 23
Documentary Bills for Collection ............................................................................................................................................................................................................................... 24
Transfer Fees ............................................................................................................................................................................................................................................................... 25

1
Abbreviations
KEY Interpretation KEY Interpretation

AB. Above IND Individual

C/A Current Account L/A Loan Amount

COR Corporate LC Letters Of Credit

CUR. UNITS Currency Units MAX Maximum

EUR Euro MIN Minimum

EX External N/A Not Applicable

FEA Foreign Exchange Account FCA Foreign Currency Account

FV Face Value SME Small And Medium-Scale Enterprise

GBP Pound Sterling STA. Statement

GH¢ Ghana Cedis TDT Total Debit Turnover

IN Internal USD United States Dollars

NEGO Negotiable

P.MILLE/M or p.mille/m Per Mille Per Month

P/A Per Annum

P/I Per Instruction

P/M or p/m Per Month

P/Q or p/q Per Quarter

PUAO Payable Upon Acceptance Of Offer

PUPO Payable Upon Presentation Of Offer

RET. Retail Account

S/C Swift Charges

S/A Savings Account

WTIAOA When There Is Activity On Account

SCH. School

2
 DOMESTIC BANKING PRODUCTS AND SERVICES

This section details charges for domestic banking products and services. Kindly read tables and graphs in conjunction with the relevant abbreviations.

3
Savings Account: Initial Deposit Required, Minimum Operating Balance and Maintenance Fee
Bank Initial Deposit Required Minimum Operating Balance
Absa Bank GH¢50 GH¢50
Access Bank GH¢10 GH¢10
Agricultural Development Bank GH¢ 50 GH¢ 20
Bank of Africa GH¢50 GH¢30
CAL Bank GH¢10 GH¢10
Consolidated Bank GH¢ 50 GH¢ 20
Ecobank GH¢50 GH¢30
FBN Bank GH¢20 GH¢10
Fidelity Bank GH¢50 GH¢50
First Atlantic Bank GH¢20 GH¢ 0
First National Bank GH¢20 GH¢50
GCB Bank GH¢ 80 GH¢ 50
Guaranty Trust Bank GH¢ 0 GH¢ 0
National Investment Bank GH¢50 GH¢50
OmniBSIC Bank GH¢ 50 GH¢ 10
Prudential Bank GH¢20 GH¢20
Republic Bank GH¢50 GH¢50
Societe Generale GH¢100 GH¢50
Stanbic Bank GH¢ 100 GH¢ 100
Standard Chartered Bank GH¢100 GH¢100
United Bank for Africa GH¢20 GH¢20
Universal Merchant Bank GH¢50 GH30
Zenith Bank GH¢50 GH¢ 0

4
Savings account: E-banking Products and Services Fees
Bank Mobile Banking SMS Alerts Email Alerts Internet banking
Absa Bank NIL GH¢1.5 p/m NIL NIL
Agricultural Development Bank GH¢1 p/m GH¢1 p/m GH¢1 p/m GH¢1 p/m
CAL Bank NIL NIL NIL NIL
FBN Bank NIL GH¢0.15p/alert NIL GH¢60 one off payment
for token (GH¢0 after)
Fidelity Bank NIL NIL NIL NIL
First Atlantic Bank GH¢ 1 p/m GH¢ 2 p/m NIL GH¢ 1 p/m
First National Bank NIL GH¢ 0.25 per alert(for third- GH¢ 0.15 per alert(for third- NIL
party notification) party notification)
Societe Generale NIL NIL NIL NIL
Stanbic Bank NIL NIL NIL NIL
Standard Chartered Bank NIL NIL NIL NIL
Zenith Bank NIL GH¢1 p/m NIL NIL
Bank Bundle charge for Mobile banking, SMS alerts, Email alerts and Internet banking
Access Bank GH¢3 - GH¢5p/m
Bank of Africa GH¢3 p/m
Consolidated Bank GH¢ 5.00 - GH¢ 10.00 p/m, SMS/ E-Alerts & USSD Mobile Banking Only: GH¢ 2.00 p/m
Ecobank GH¢5p/m
GCB Bank GH¢5 p/m
Guaranty Trust Bank GH¢2 p/m
National Investment Bank GH¢4 p/m
OmniBSIC GH¢2 p/m
Prudential Bank GH¢ 5p/m(ind), GH¢ 10p/m(cor)
Republic Bank GH¢3p/m(ind)
United Bank for Africa GH¢3p/m
Universal Merchant Bank GH¢5p/m

5
Current Account: Initial Deposit Required (IDR) and Minimum Operating Balance (MOB)
MOB:
Bank IDR: Individual IDR: SME IDR: Corporate MOB: Individual MOB: SME Corporate

Absa Bank GH¢50 N/A N/A N/A N/A N/A

Access Bank GH¢20 GH¢100 GH¢50 NIL GH¢ 1000 NIL

Agricultural Development Bank GH¢ 100 GH¢ 100 GH¢ 100 GH¢ 20 GH¢ 20 GH¢ 20

Bank of Africa GH¢50 GH¢100 GH¢100 GH¢30 GH¢30 GH¢30

CAL Bank GH¢10 GH¢100 GH¢250 NIL NIL NIL
Consolidated Bank GH¢ 50 GH¢ 100 GH¢ 200 NIL NIL NIL
Ecobank GH¢10 N/A GH¢100 NIL NIL NIL
FBN Bank GH¢50 GH¢100 GH¢100 NIL NIL NIL
Fidelity Bank GH¢50 GH¢100 GH¢100 NIL NIL NIL

First Atlantic Bank NIL NIL NIL NIL NIL NIL

First National Bank GH¢50/GH¢100 GH¢100 GH¢100 NIL NIL NIL
GCB Bank GH¢ 50 GH¢300 GH¢500 NIL NIL NIL
Guaranty Trust Bank NIL NIL NIL NIL NIL NIL
National Investment Bank GH¢50 GH¢100 GH¢100 NIL NIL NIL

OmniBSIC Bank GH¢50 GH¢100 GH¢500 NIL NIL NIL

Prudential Bank GH¢20 GH¢100 GH¢100 NIL NIL NIL
Republic Bank GH¢50 GH¢100 GH¢100 N/A N/A N/A
Societe Generale GH¢ 50 NIL NIL NIL NIL NIL
Stanbic Bank GH¢100 GH¢200 GH¢200 N/A N/A N/A
Standard Chartered Bank GH¢100 GH¢4000 GH¢1000 NIL GH¢2000 NIL
United Bank for Africa GH¢50 GH¢50 GH¢100 NIL NIL NIL
Universal Merchant Bank GH¢50 GH¢100 GH¢100 N/A N/A N/A
Zenith Bank GH¢50 GH¢100 GH¢100 NIL NIL NIL

6
Current Account Charges: Commission on Turnover (COT)
Bank Commission on Turnover: Commission on Turnover: Commission on Turnover:
Individuals SMEs Corporate
Absa Bank N/A SME -Gh¢30 flat p/m 1.4-1.8 p.mille/m (Min GH¢50.00)

Access Bank GH¢2 p.mille/m GH¢2 p.mille/m GH¢2 p.mille/m

Agricultural Development N/A N/A N/A
Bank
Bank of Africa GH¢12 p/m GH¢40 p/m GH¢150 p/m
CAL Bank N/A N/A N/A
Consolidated Bank N/A N/A N/A
Ecobank GH¢10 N/A N/A
FBN Bank GH¢10 flat GH¢50 flat GH¢100 flat
Fidelity Bank N/A N/A 1.5 p.mille/m (GH¢ 50-GH¢ 250)
First Atlantic Bank GH¢1.5 p.mille/m GH¢1.5 p.mille/m GH¢1.5 p.mille/m
First National Bank NIL NIL NIL
GCB Bank GH¢1.8p.mille/m (Min. GH¢10) GH¢1.0 p.mille/m (Min: GH¢50) GH¢1.8p.mille/m (Min GH¢100)
Guaranty Trust Bank GH¢1.5 p. mille/m GH¢1.5 p.mille/m GH¢1.5 p.mille/m
National Investment Bank N/A GH¢48 - GH¢244 GH¢48 - GH¢244
OmniBSIC Bank NIL NIL NIL
Prudential Bank GH¢10-GH¢100 p/m GH¢1.8p/m(max GH¢750 p/m) GH¢1.8p/m(max GH¢750 p/m)
Republic Bank N/A N/A N/A
Societe Generale NIL 0.15% P/M (min. GH¢ 35) 0.15% P/M (min. GH¢ 100- max GH¢6000)
Stanbic Bank N/A N/A N/A
Standard Chartered Bank NIL NIL NIL
United Bank for Africa GH¢5-GH¢200p/m 1.5p.mille/m (min GH¢20- max 1.5p.mille/m (min GH¢20- max GH¢50000)
GH¢50000)
Universal Merchant Bank N/A N/A N/A

Zenith Bank GH¢ 1 p.mille/m, Min.GH¢ 2, 1.5 p.mille/m, GH¢10-GH¢5000 1.5 p.mille/m, GH¢10-GH¢5000
Max GH¢10

7
Current Account Charges: Service Charges (Per Month)
Bank Service Charge: Service Charge: Service Charge:
Individual SME Corporate
Absa Bank GH¢12 - GH¢27.5 Gh¢30 flat N/A

Access Bank GH¢ 5 N/A N/A

Agricultural Development Bank GH¢10 GH¢100 GH¢1,000
Bank of Africa NIL NIL NIL
CAL Bank GH¢5 GH¢30 GH¢100
Consolidated Bank GH¢ 10.00 GH¢20-GH¢60 GH¢ 110.00
Ecobank GH¢10.00 GH¢48.00 GH¢48-GH¢200
FBN Bank NIL NIL NIL
Fidelity Bank GH¢12 GH¢30 - GH¢200 N/A
First Atlantic Bank N/A N/A N/A
First National Bank GH¢20-GH¢30 GH¢30 GH¢40-GH¢100

GCB Bank NIL NIL NIL

Guaranty Trust Bank NIL NIL NIL
National Investment Bank GH¢ 8.00 flat (WTIAOA) NIL NIL
OmniBSIC Bank GH¢15.00 GH¢35.00 GH¢100
Prudential Bank N/A N/A N/A
Republic Bank GH¢10 GH¢20 - GH¢1000 GH¢20- GH¢1000
Societe Generale GH¢15 N/A N/A
Stanbic Bank GH¢5- GH¢75 GH¢62 GH¢35-GH¢500 (0.18% of TDT)
Standard Chartered Bank GH¢20 flat GH¢60 flat - GH¢300 flat GH¢60 flat - GH¢300 flat
United Bank for Africa NIL NIL NIL
Universal Merchant Bank GH¢15 GH¢60 GH¢150-GH¢500
Zenith Bank N/A N/A N/A

8
Current Account Charges: E-banking Products and Services Charges
Bank Mobile Banking SMS Alerts Email Alerts Internet banking
Absa Bank NIL GH¢1.5 p/m NIL NIL
Agricultural Development Bank GH¢1 p/m GH¢1 p/m GH¢1 p/m GH¢1 p/m
CAL Bank NIL NIL NIL NIL (Ind.), GH¢ 5 p/m
(SME,Cor)
Consolidated Bank NIL NIL NIL NIL
FBN Bank NIL GH¢0.15p/alert NIL GH¢60 one off payment for
token (GH¢0 thereafter)
Fidelity Bank NIL NIL NIL NIL
First Atlantic Bank GH¢1 p/m GH¢2 p/m (Ind) NIL (Ind) GH¢1 p/m (Ind)
Bundle charge for corporate clients for SMS, Email and Internet Banking: GH¢10 p/m
First National Bank NIL GH¢ 0.25/GH¢ 0.30 per GH¢ 0.15/GH¢ 0.50 per NIL
alert(for third-party notification) alert(for third-party
notification)
GCB Bank GH¢10p/m (Cor) NIL NIL NIL
Bundle charge for individual clients for Mobile Banking, SMS, Email and Internet Banking: GH¢5 p/m
OmniBSIC Bank NIL NIL NIL NIL
Societe Generale NIL NIL NIL NIL
Stanbic Bank NIL NIL NIL NIL
Standard Chartered Bank NIL NIL NIL NIL
Zenith Bank NIL GH¢1 p/m NIL NIL
Banks with a bundle charge for Mobile banking, SMS alerts, Email alerts and Internet banking
Access Bank GH¢3 - GH¢5p/m
Bank of Africa GH¢3 p/m
Ecobank GH¢5p/m
Guaranty Trust Bank GH¢2p/m (Ind.)
National Investment Bank GH¢4p/m (Ind.), GH¢ 8p/m (SME), GH¢ 12p/m (Cor)
Prudential Bank GH¢5p/m (Ind.), GH¢ 10p/m (Cor)
Republic Bank GH¢3p/m (Ind.), GH¢ 5p/m (Cor)
United Bank for Africa GH¢3-GH¢20p/m
Universal Merchant Bank GH¢5p/m

9
Cost of Cheque and Savings Withdrawal Booklets
Bank Personal account: 25 leaflets Personal account: 50 leaflets Corporate account: 50 leaflets Corporate account: 100 leaflets
Absa Bank GH¢10 GH¢20 GH¢20 GH¢40
Access Bank N/A GH¢15 N/A GH¢30
Agricultural
Development Bank GH¢12 GH¢ 20 GH¢25 N/A

Bank of Africa GH¢10 N/A GH¢15 N/A

CAL Bank N/A GH¢15 GH¢20 N/A

Consolidated Bank N/A GH¢15 N/A GH¢30

Ecobank GH¢ 10 N/A GH¢12 N/A

FBN Bank GH¢7 GH¢14 GH¢10 GH¢15

Fidelity Bank GH¢10 GH¢20 GH¢20 GH¢30

First Atlantic Bank N/A GH¢15 N/A GH¢30

First National Bank GH¢15 N/A GH¢25 N/A

GCB Bank GH¢12 N/A GH¢22 GH¢40

Guaranty Trust Bank N/A GH¢15 N/A GH¢30

National Investment
Bank GH¢10 (S/A); GH¢12 (C/A) GH¢20(C/A) GH¢20 GH¢40

OmniBSIC Bank GH¢10 GH¢20 GH¢15 GH¢30

Prudential Bank GH¢15 (S/A); GH¢15 (C/A) GH¢25 (S/A) ; GH¢25(C/A) GH¢25 GH¢50

Republic Bank GH¢10 GH¢20 GH¢20 GH¢25

Societe Generale N/A GH¢ 20 N/A GH¢30

Stanbic Bank N/A GH¢25 N/A GH¢50

Standard Chartered
Bank N/A GH¢25 GH¢25 GH¢30/GH¢50

United Bank for Africa N/A GH¢15 N/A GH¢30

Universal Merchant
Bank GH¢10 GH¢15 GH¢20 GH¢25

Zenith Bank GH¢8 GH¢12 GH¢12 GH¢20

10
Bank Statement Fees
Bank Monthly Statement Duplicate Statement Screen Printed(per sheet)
(regular) (per sheet)
Absa Bank N/A GH¢2 - GH¢4 GH¢1

Access Bank NIL GH¢5 per page GH¢5 per page

Agricultural Development Bank NIL GH¢2 per sheet NIL
Bank of Africa NIL GH¢7 Per Sheet N/A
CAL Bank NIL GH¢5 (regular), GH¢10 (Visa) NA
Consolidated Bank N/A GH¢ 5.00 (Visa) GH¢ 2.00
Ecobank NIL GH¢3 per sheet (Max GH¢ 100) N/A
FBN Bank NIL GH¢3 per page N/A
Fidelity Bank NIL GH¢3 per sheet, GH¢6 per sheet(official) GH¢3 per sheet
First Atlantic Bank NIL GH¢2(sta. within a year), GH¢5 (sta. covering a year & NIL
ab.)
First National Bank NIL GH¢3(Retail), GH¢5(Business) GH¢3(Retail)/
GH¢5(Business)
GCB Bank NIL GH¢6.00 per page N/A
Guaranty Trust Bank NIL GH¢5 .00 NIL
National Investment Bank GH¢3.00 GH¢3.00 N/A
OmniBSIC Bank NIL GH¢2 per sheet GH¢ 1 per sheet
Prudential Bank NIL GH¢4 N/A
Republic Bank NIL GH¢3-GH¢50 (unofficial), GH¢3/page(unofficial),
GH¢5-GH¢50(official use) GH¢5/page (official)
Societe Generale N/A GH¢15- GH¢50 N/A

Stanbic Bank NIL GH¢5 GH¢5

Standard Chartered Bank GH¢ 5 per sheet GH¢5 per sheet GH¢5 per sheet
United Bank for Africa NIL GH¢10 per sheet GH¢10 per sheet
Universal Merchant Bank GH¢ 5 per request GH¢ 5 per request GH¢ 5 per request
Zenith Bank NIL GH¢ 1.5 per sheet NIL

11
Bank Draft Fees
Bank Bank Draft fees Bank Draft fees:
Customer Non-customer
Absa Bank Regular GH¢25, Sch. fees GH¢10 N/A

Access Bank 0.5% of F.V (GH¢5-GH¢25) 0.5% of F.V (GH¢5-GH¢50), Sch. fees: GH¢5
Agricultural Development Bank 0.5% of F.V, GH¢5-GH¢30 0.5% of FV, GH¢5-GH¢30
Bank of Africa 0.75% (GH¢8-GH ¢20) 1.50% (GH¢ 10.00 min/ GH ¢ 25.00 max)
CAL Bank 0.25% (GH¢2.20-GH¢11) 0.25% (GH¢3.30-GH¢11)
Consolidated Bank 0.25% of F.V (GH¢10 - GH¢25) 0.5% of F.V (GH¢15-GH¢30),student: GH¢10
Ecobank 0.25% of F.V. (GH¢5 - GH¢15) 0.25% of F.V, (GH¢5- GH¢15)
FBN Bank 0.5% FV, (GH¢5-GH¢20) 0.5% FV, (GH¢5-GH¢20)
Fidelity Bank 0.25% of F.V, (GH¢ 12-GH¢ 30) 0.25% of F.V, (GH¢20-GH¢ 50)
First Atlantic Bank 0.25% of F.V, (GH¢8 - GH¢20) Exam/Sch.Fees - GH¢5, 0.5% of F.V, (GH¢10-
GH¢25)
First National Bank GH¢10 N/A
GCB Bank 0.25% (GH¢10-GH¢75) 0.50% (GH¢ 20.00 - GH¢75)
Guaranty Trust Bank GH¢8-GH¢20; GH¢5 (Sch. fees) N/A
National Investment Bank 0.25% F.V (GH¢10 - GH¢75) 0.50% F.V (GH¢20 - GH¢150), GH¢5 (sch. fees)
OmniBSIC Bank GH¢20, GH¢ 5 (Sch. fees) GH¢20, GH¢ 5 (Sch. fees)
Prudential Bank Single:0.25% of F.V (GH¢12-GH¢50) Single:0.50% of F.V (GH¢20-GH¢50)
Republic Bank 0.25% of FV, GH¢5-GH¢100 0.25% of F.V, GH¢10-GH¢100
Societe Generale GH¢25 0.30%, Min GH¢30 - Max GH¢75 (cor.)
Stanbic Bank Personal:GH¢25, Business: GH¢15, Personal:GH¢35, Business: GH¢25,
Exams or Sch. Fee:GH¢10 Exams or Sch. Fee:GH¢10
Standard Chartered Bank 0.25% of value, Min GH¢ 20-Max GH¢ 50 / Sch./Exam fees : N/A
GH¢10 Flat
United Bank for Africa 0.25% of F.V, (GH¢3-GH¢15) 0.5% of amount. (GH¢5-GH¢20)
Universal Merchant Bank GH¢ 5-GH¢ 25 N/A
Zenith Bank 0.25% of F.V, (GH¢ 7.5 -GH¢15) 0.25% of F.V, (GH¢10-GH¢25)

12
Charges on Stopped Cheques, Express Clearing and Standard Clearing
Bank Cheques: Cheques: Cheques:
Stopped Express clearing Standard clearing
Absa Bank Gh¢10 P/I GH¢ 50.00 flat (USD25, EUR25, GBP20) NIL
Access Bank GH¢10 GH¢ 40 Flat NIL
Agricultural GH¢10 per leaf GH¢ 50 flat NIL
Development Bank
Bank of Africa GH¢30 GH¢50 NIL
CAL Bank GH¢11 per cheque GH¢30 (for ≤ GH¢5000), GH¢70 (for >GH¢5000) GH¢5 - GH¢10
Consolidated Bank GH¢ 20.00 GH¢ 40.00 NIL
Ecobank GH¢5.00 GH¢25(≤ GH¢ 5000), GH¢50(> GH¢ 5000) NIL
FBN Bank GH¢20 0.25% of FV, min GH¢25 - max GH¢70 NIL
Fidelity Bank GH¢10 GH¢50, NIL
First Atlantic Bank GH¢7.5 GH¢30 NIL
First National Bank GH¢10 / GH¢30 GH¢50 NIL
GCB Bank GH¢ 25 GH¢60.00 flat NIL
Guaranty Trust Bank GH¢10.00 0.25% of FV, (GH¢20-GH¢50) NIL
National Investment GH¢50 0.25% of FV(GH¢50 - GH¢100) NIL
Bank
OmniBSIC Bank GH¢10 per cheque GH¢35 NIL
Prudential Bank GH¢40 GH¢50 flat NIL
Republic Bank GH¢20 0.25% of F.V., min GH¢20 - max GH¢50 NIL
Societe Generale GH¢ 25 GH¢50 flat NIL
Stanbic Bank GH¢30 GH¢60 N/A
Standard Chartered GH¢20(ind.), GH¢25(cor.) GH¢50 Flat(General Banking services)/ NIL
Bank USD10/EUR8/GBP6/(Foreign Currency), GH¢60
Flat (Business banking)
United Bank for Africa GH¢10 NIL (GH¢20000 and above); 0.50%- min GH¢30; NIL
max GH¢50 (Below GH¢20000)
Universal Merchant GH¢10-GH¢100 GH¢10- GH¢50 N/A
Bank
Zenith Bank GH¢ 6 0.25% of F.V, (GH¢25-GH¢100) NIL

13
Lending fees: Commitment fees
Bank Commitment fee: Retail Commitment fee: Corporate

Absa Bank N/A 0.25%

Access Bank 0.25% - 2% 0.25% - 2%

Agricultural Development Bank NIL NIL

Bank of Africa 1.50% 1.50%
CAL Bank N/A N/A
Consolidated Bank N/A N/A
Ecobank 1.25% (Facility Fees) 0.75% of L/A

FBN Bank 1% F.V 1% F.V

Fidelity Bank NIL NIL
First Atlantic Bank NIL NIL
First National Bank N/A N/A
GCB Bank N/A 0.75%
Guaranty Trust Bank 0.75% - 2.0% 0.25% - 0.75%
National Investment Bank 1.50% 1.50%
OmniBSIC Bank NIL NIL
Prudential Bank N/A N/A
Republic Bank N/A N/A
Societe Generale NIL NIL
Stanbic Bank N/A N/A
Standard Chartered Bank N/A N/A
United Bank for Africa 0% - 2% 0% - 2%
Universal Merchant Bank N/A N/A
Zenith Bank N/A N/A

14
Lending fees: Processing and Arrangement Fees
Bank Processing/Establishment Processing/Establishment Arrangement fee: Retail Arrangement fee:
fee Retail fee Corporate Corporate
Absa Bank N/A N/A 2.5% - 3% 0.25% - 1.00%

Access Bank 0.25% - 2% 0.25% - 2% 0.25%-2% 0.25%-2%

Agricultural Development 2% (Nego.) 2% (Nego.) NIL NIL

Bank
Bank of Africa 1.50% 1.50% NIL NIL
CAL Bank 1.5% OF L/A 1.0% 1.5% OF L/A 1.0%
Consolidated Bank N/A N/A N/A N/A
Ecobank 1.25% L/A 1% of L/A N/A 0.25% -0.60% of the loan
amount
FBN Bank 1.50% FV 1.50% FV NIL NIL
Fidelity Bank 1% - 2% 0.5% - 2% 0.75% -2.0% 0.25%-1.5%
First Atlantic Bank 1.5%-2% 0.5%-2% NIL NIL
First National Bank N/A N/A N/A N/A
GCB Bank 1.0% (Min. GH¢50) 1 % (min. GH¢1,000) N/A 0.50%

Guaranty Trust Bank 0.5% - 1.0% 0.25% - 1.5% 0.75% - 2.0% 0.25% - 1.5%
National Investment Bank 1.50% 1.50% N/A N/A
OmniBSIC Bank 1% - 5% 2.5% NIL 1.5% flat (nego.)
Prudential Bank 0.5%-2% 0.5%-2% 0.25%-1% 0.25%-1%
Republic Bank 1.5% of L/A 1.5% of L/A N/A N/A
Societe Generale 2.5% 1.0% flat, (Min. GH¢200) (cor.), N/A 1.0% flat, (Min. GH¢200)
SME:1.5%
Stanbic Bank 1.5% of F.V (min. GH¢50) 0.50% 1% of F.V, (min GH¢50) 2.0%
Standard Chartered Bank N/A N/A 1% - 2.5% 1% - 2.5%
United Bank for Africa 0% - 2% 0% - 2% 0% - 2% 0% - 2%
Universal Merchant Bank 1.5% - 2.5%(PUPO) 0.5% - 1%(PUPO) N/A N/A
Zenith Bank 0.5-2% 0.5-2% 0.5-1.5% 0.5-1.5%

15
Lending Fees: Facility and Insurance Fees
Bank Facility Fee: Retail Facility Fee: Corporate Insurance Fee: Retail Insurance Fee: Corporate
Absa Bank N/A 0.25% - 1.00% 1.35% for credit life 1.1% for SME
Access Bank 0.25% - 2% 0.25% - 2% 0.75% (N/A cash backed) Nego. (Not cash backed)
Agricultural Development Bank NIL NIL 1.0% NIL
Bank of Africa NIL NIL 1.58% NIL
CAL Bank 1% flat 1% flat 0.70-2.25% N/A
Consolidated Bank 2% (min. GH¢50) 2% flat 1% N/A
Ecobank 3% (Flat per annum) 0.25%-1.25% of the face 2.25% N/A
value
FBN Bank NIL NIL 1% N/A
Fidelity Bank 1.5% - 2% 0.3%-2% 1% - 1.86% for 5 years facility N/A
tenor
First Atlantic Bank 1.5%-2% 0.5%-2% 1% NIL
First National Bank 2.5% 0.75% - 2.5% 1.5%-2.4% N/A
GCB Bank 2% (Min. GH¢60) 1% (min GH¢1,000) 2.0% (Min. GH¢50) N/A
Guaranty Trust Bank 0.75% - 1% 0.25% - 1.5% 0.8% - 2.0% of facility (Max N/A
Advance only)
National Investment Bank 1.50% 1.50% 0.65%-2.25% 0.65%-2.25%

OmniBSIC Bank NIL NIL 1.5% - 4.0% flat per facility 1.0% flat per facility
Prudential Bank 0.25%-0.5% 0.25%-0.5% 0.3%-0.90% N/A
Republic Bank 1.50% of L/A 1.50% of L/A 1.2%(all retail loans) depends on type of loan
Societe Generale 2% P/A, (Min. GH¢200) 2% P/A, (Min. GH¢200) 1.17%-1.50% NIL
Stanbic Bank 1% of F.V, (min.GH¢50) 2.0% 1.6% of L/A (all retail loans) NIL
Standard Chartered Bank N/A N/A N/A N/A
United Bank for Africa 0% - 2% 0% - 2% 1.5%(Consumer loans) NA
Universal Merchant Bank 1.5% - 3.0% (PUAO) 1.75 - 2.5% (PUAO) 1% flat on personal Loan NIL
Zenith Bank 1%, (min.GH¢50) 1%, min GH¢50 N/A N/A

16
Overdraft Processing & Guarantee Commissions
Bank Overdraft Processing Fee Guarantee / Mobilization / Performance Bond / Bid
security Commissions per quarter
Absa Bank N/A 1% per quarter (Min GH¢500)

Access Bank 0.25% - 2% 0.20% - 2%

Agricultural Development 2% (nego.) 2.0%

Bank
Bank of Africa 3.00% 2.0%
CAL Bank 3% (Retail), 2% (corporate) 0.5% P/Q on the amount (retail), 0.25% P/Q (corporate)
Consolidated Bank 2% (Facility Fee) 0.25% p/q
Ecobank 1.25% 2% Processing Fee/ 3% Max Issuance Fee
FBN Bank 1.5% FV 2% FV (nego.)
Fidelity Bank Up to 2% of amount 1% p/q
First Atlantic Bank NIL 0.5% (Minimum)
First National Bank 2.5%(retail), 0.75% - 2.5% (Cor.) 1% P/Q or part thereof (min USD 75)
GCB Bank 1% (min GH¢1,000) 1.25% p/q

Guaranty Trust Bank 0.75%- 2% 0.25% - 0.75%

National Investment Bank 1.50% 4.0/4.0/4.0/2.0% Flat
OmniBSIC Bank NIL 3% flat (nego.)
Prudential Bank 0.25%-2% 0.25%-2%
Republic Bank 1.5% of L/A 1% per quarter
Societe Generale 1.0% flat min GH¢200 (Cor.), 2.5%, Min. 0.75 - 2% p/q, Min GH¢500 (Facility fee), 1.5% flat, Min
GH¢30 (Retail) GH¢500 (Processing fee), 1% of amount, Min GH¢500
(Temporary Excess)
Stanbic Bank 2% 0.75%- 1.00% (min GH¢ 50)
Standard Chartered Bank N/A Commission charged upfront at 1% per quarter, subject
to a min of GH¢ 500
United Bank for Africa 0% - 2% 0% - 2%
Universal Merchant Bank 0.5 - 1.0% (PUAO) 1%per quarter
Zenith Bank 1%, (min. GH¢50) 0.5% - 3%

17
ATM Fees
Bank ATM Issuing ATM cash withdrawal ATM card maintenance fee(p/m or p/q)
(At bank's ATM)
Absa Bank GH¢ 20 / GH¢ 50 NIL GH¢4/GH¢5 p/m
Access Bank GH¢10(Gh-Link), GH¢20.00(Visa debit) NIL GH¢5P/M(Visa debit); GH¢3 P/M (gh-
GH¢10(Visa Prepaid) link)(Bundled with E-banking Charges)
Agricultural Development Bank GH¢ 20 NIL GH¢1.00 p/m
Bank of Africa NIL GH¢0.50 GH¢5 P/A(proprietary cards) and GH¢5
p/m (Visa Cards)
CAL Bank GH¢15 NIL GH¢3.0 p/m
Consolidated Bank GH¢10.00 NIL GH¢5 – GH¢10
Ecobank GH¢10.00 NIL GH¢5
FBN Bank GH¢20 (MasterCard) NIL GH¢20 P/A (MasterCard)
Fidelity Bank GH¢20 Visa Classic card; NIL GH¢5 p/m - Visa Classic cards
GH¢30- Visa Gold card GH¢5 p/m - Visa Gold Cards
GH¢40- Visa Platinum card GH¢10 p/m - Visa Platinum cards
First Atlantic Bank GH¢15(Visa Classic & MasterCard NIL GH¢ 2 p/m
Standard) GH¢ 5 p/q for VISA/ MasterCard fee
First National Bank NIL NIL NIL
GCB Bank GH¢10(Gh-link - Instant card) NIL N/A
Guaranty Trust Bank GH¢15 - GH¢25 NIL GH¢4-GH¢5 p/m
National Investment Bank GH¢10 NIL for bundle charge, NIL
GH¢1.00 (off bundle charge)
OmniBSIC Bank GH¢5(Gh-link)/GH¢20(VISA) NIL GH¢ 3 per card p/m
Prudential Bank GH¢15 - GH¢20 GH¢0.40 N/A
Republic Bank NIL NIL GH¢3.00(ind.) GH¢5.00(business)
Societe Generale GH¢15 (Visa Classic) NIL GH¢4 p/m(VISA CLASSIC)
GH¢30 (Visa Gold) GH¢5 (Visa Gold)
GH¢50 (Visa Platinum) GH¢5 (Visa Platinum)
Stanbic Bank NIL NIL GH¢15-GH¢20 per quarter
Standard Chartered Bank GH¢ 15 NIL GH¢ 15 p/m
United Bank for Africa GH¢ 30 GH¢0.5 GH¢ 5 p/m
Universal Merchant Bank GH¢ 25 NIL NIL
Zenith Bank GH¢ 5.00 (Visa and Master Card), GH¢2.50 GH¢1.0 (Visa and Master Card), GH¢3.0 (Visa and Master Card), GH¢0
(Proprietary Card) GH¢0.18 (Proprietary Card) (Proprietary Card)
18
 INTERNATIONAL BANKING PRODUCTS AND SERVICES

This section details charges for international banking products and services. Kindly read tables in conjunction with the relevant abbreviations.

19
Foreign Currency/Exchange Account
Bank Initial Deposit Minimum operating Maintenance fee Commission on Turnover
balance
Absa Bank USD 50 N/A N/A 10% p.mille (Min USD5, Max
USD100)
Access Bank 100 (USD, GBP, EUR) NIL NIL 0.0-3.5%

Agricultural Development USD 100 USD 50 NIL NIL

Bank
Bank of Africa USD100/USD500, GBP100/GBP300, NIL NIL USD10(SME), USD2(Ind)
EUR100/EUR500(FEA), NIL(FCA)
CAL Bank 50 Cur. Units NIL N/A N/A
Consolidated Bank 50 Cur. Units NIL N/A N/A
Ecobank USD100(FEA); NIL(FCA) USD100(FEA) ; NIL(FCA) NIL 0-3% F.V.
FBN FEA:USD 100/ NIL NIL NIL
GBP 100/EUR 100, FCA: NIL
Fidelity Bank USD50/ GBP50/ EUR 50 USD50/ GBP50/ EUR 50 NIL NIL
First Atlantic Bank NIL NIL NIL NIL
First National Bank USD50, GBP50, EUR50 N/A NIL N/A
GCB Bank 200 (USD, GPB, EUR) 50 (USD, GPB, EUR) USD5, GPB3, EUR5 USD1.50, GPB1, EUR 1
Guaranty Trust Bank NIL NIL N/A N/A
National Investment Bank USD200, EUR200, GBP200 USD100, EUR80, GBP60 N/A N/A
OmniBSIC Bank USD 50/GBP 50/EUR 50 NIL NIL NIL
Prudential Bank 100 (USD, GBP, EUR) (FEA), NIL NIL NIL NIL
(FCA)
Republic Bank USD100 USD50 N/A USD1.5 p.mille/m
Societe Generale 300 (USD, EUR, GBP) 100 (USD, EUR, GBP) USD1.5, EUR1,GBP NIL
0.75 p/q (FEA/FCA)
Stanbic Bank N/A N/A N/A USD5(FEA)
Standard Chartered Bank USD500,EUR300, GBP250 NIL NIL USD5-USD100/EUR5-
EUR100/GBP5-GBP100
United Bank for Africa 200 (USD, EUR, GBP) (FEA), NIL USD100,EUR100, NIL 2.5% (FEA), 3% (FCA) (cash
(FCA) GBP100(FEA), NIL (FCA) withdrawal)
Universal Merchant Bank USD200 , 100 for other currencies 50 for all currencies USD 4 and 2.00 for N/A
other currencies
Zenith Bank 500 (USD, EUR, GBP) NIL NIL NIL

20
Letters of Credit (Import): Without Cash Cover
Bank Establishment Commission: Sight Establishment Commission: Deferred
Absa Bank 1%-1.25% P/Q (min USD200) 1.5%-1.75% P/Q (min USD200)
Access Bank 1% P/Q (min USD100) 1.25% P/Q (min USD100)
Agricultural Development Bank 1%-1.5% of LC Amount P/Q USD 200
Bank of Africa 1% P/Q (min USD100) N/A

CAL Bank 2%-2.25% P/Q, (min USD100) 2%-2.25% P/Q, min USD100

Consolidated Bank 1.25% P/Q (Min. - USD200) 1.25% P/Q (Min. - USD200)
Ecobank 1.75% flat 1.75% flat
FBN Bank 1% 1%
Fidelity Bank 1% per quarter (Min USD 200) 1%
per quarter for Issuance
First Atlantic Bank min 1% and max 1.5% min 1% and max 1.5%
First National Bank 1% P/Q (min USD100) + USD30 S/C 0.5% P/Q (min USD100) + USD30 S/C
GCB Bank 1.50% of LC Amount 1.50% of LC Amount
Guaranty Trust Bank 1.5% flat 1.5% of F.V
National Investment Bank 1.25% of FV (min. USD100) 1.75% (min. USD100)
OmniBSIC Bank 1.5% p/q+ S/C of USD30 1.5% p/q+ S/C of USD30
Prudential Bank 1.5% 1.5%
Republic Bank 1% of F.V per quarter 1% of F.V per quarter
Societe Generale 1.5% P/Q; Min USD 200 or equivalent 1.5% P/Q; Min USD 200 or equivalent
Stanbic Bank 0.75% P/Q (min USD200) 0.75% (min USD200) per quarter
Standard Chartered Bank 1.0% p/q(sight) or part thereof + SWIFT + Courier cost (to be 1.5% p/q(usance) or part thereof + SWIFT + Courier
taken upfront) cost (to be taken upfront)
United Bank for Africa 1.75% p/q,GH¢100(min) + USD25 S/C 1.75% p/q,GH¢100(min) + USD25 S/C
Universal Merchant Bank 1.75% p/q(0.50% for any additional Quarter) 1.75% p/q(0.50% for any additional Quarter)
Zenith Bank 1% p/q (Min. USD200) N/A

21
Letters of Credit (Import): Full and Partial Cash Cover
Bank Establishment Commission (fully cash covered) Establishment Commission (Partial Cash Cover)
Sight Deferred Sight Deferred
Absa Bank 1% P/Q (min USD200.00) 1% P/Q (min USD200.00) 1%- 1.25% P/Q (min USD200) 1.5% - 1.75%P/Q (min USD200)
Access Bank 1% P/Q (min USD100) 1.25% P/Q (min USD100) 1% P/Q (min USD100) 1.25% P/Q(min USD100)
Agricultural 1%-1.5% of LC Amount P/Q 1% of LC Amount N/A N/A
Development Bank
Bank of Africa 0.5% P/Q (min USD100) N/A 0.5% P/Q (min USD100) N/A
CAL Bank 1%-1.5% P/Q (min 1.25%-1.5% P/Q (min 2%-2.25% P/Q (min USD100) 2%-2.25% P/Q, min USD100
USD100.00) USD100)
Consolidated Bank 0.75% P/Q (Min. - USD200) 0.75% P/Q (Min. - USD200) N/A N/A
Ecobank 1.75% flat 1.75% flat 0.50% - 1.50% (Negotiable) 0.50% - 1.50% (Negotiable)
FBN Bank 1% 1% 1% 1%
Fidelity Bank 1% per quarter (Min USD 200) 1% 1% per quarter (Min USD 200) 1.5%
per quarter for Issuance per quarter for Issuance
First Atlantic Bank min 0.1% -max 0.5% min 0.1% and max 0.5% 0.1% (min); 1% (max) min 0.1% and max 1%
First National Bank up to 0.1% P/Q (min USD100) up to 0.5% P/Q (min N/A N/A
+ USD30 SWIFT USD100) + USD30 S/C
GCB Bank 1% of LC Amount 1% of LC Amount Depends on Applicant’s Depends on Applicant’s Facility
Facility
Guaranty Trust Bank 1.5% of F.V 1.5% of F.V 1.5% of F.V flat 1.5% of F.V flat
National Investment 0.50% of F.V, min. USD100 1.75% of F.V, (min. N/A N/A
Bank USD100)
OmniBSIC Bank 1% p/q+ S/C of USD30 1% p/q+ S/C of USD30 1.5% p/q+ S/C of USD30 1.5% p/q+ S/C of USD30
Prudential Bank 1.50% flat 1.50% 1.50% 1.50%
Republic Bank 1% of F.V per quarter 1% of F.V per quarter 1% of F.V per quarter 1% of F.V per quarter
Societe Generale 0.75% P/Q; Min USD200 or 0.75% P/Q; Min USD200 or 1% P/Q; Min USD200 or 1% P/Q; Min USD200 or equivalent
equivalent equivalent equivalent
Stanbic Bank 1.25% P/Q (min USD200) 1.25% P/Q (min USD200) 0.75% (min USD200) P/Q 0.75%P/Q (min USD200)
Standard Chartered N/A N/A N/A N/A
Bank
United Bank for Africa 1% p/q,GH¢100(min) + USD25 1% p/q,GH¢100(min) + 1.75% p/q,GH¢100(min) + 1.75% p/q,GH¢100(min) + USD25
S/C USD25 S/C USD25 S/C S/C
Universal Merchant 1.75% p/q.(0.50% for any 1.75% p/q.(0.50% for any 1.75% p/q.(0.50% for any 1.75% p/q.(0.50% for any additional
Bank additional Quarter) additional Quarter) additional Quarter) Quarter)
Zenith Bank 1.5% of face value P/Q 2% of face value P/Q 1% of face value per quarter 1.75% of face value per quarter

22
Letters of Credit (Export)
Bank Advising Commission Processing/Handling fee
Customers Non-Customers Customers Non-Customers
Absa Bank GH¢ 100 - GH¢ 200 GH¢ 100 - GH¢ 200 GH¢200 GH¢200

Access Bank USD100 N/A USD100 N/A

Agricultural GH¢ 50 GH¢ 200 0.5% of bill amount (Min USD NA

Development Bank 100)
Bank of Africa GH¢100 GH¢200 0.25% of FV N/A
CAL Bank GH¢ 200 GH¢ 300 N/A N/A
Consolidated Bank GH¢ 100 N/A USD100.00 N/A
Ecobank USD100 N/A N/A N/A
FBN Bank USD100 Min. 1% of F.V Max. N/A USD 100 N/A
Fidelity Bank USD50 USD115.00 FLAT + S/C N/A N/A
First Atlantic Bank NIL USD100 NIL NIL
First National Bank NIL USD50 NIL NIL
GCB Bank GH¢ 50 GH¢ 100 GH¢ 50 GH¢ 100
Guaranty Trust Bank GH¢30 USD100 USD15 N/A
National Investment USD100 N/A N/A N/A
Bank
OmniBSIC Bank USD50 USD50 0.5% -1.5% of F.V 1.5% of F.V
(Concession rate: 0.5%)
Prudential Bank USD50 N/A Courier USD 70, N/A
Availment/liquidation NIL
Republic Bank USD25 USD50 USD50 N/A
Societe Generale USD 50 USD100 NIL NIL
Stanbic Bank USD50 USD100 N/A N/A
Standard Chartered GH¢150 Flat, Courier charges N/A N/A N/A
Bank and Negotiating Commission
Under LC/Presentation under
LC(0.5% p/q, taken upfront)
United Bank for Africa USD 100 USD 100 1% 1%
Universal Merchant USD100. Flat USD100 Flat ( LC advised through USD100 N/A
Bank Beneficiary's Bankers)
Zenith Bank GH¢50 per bill USD100(other bank) GH¢ 50 per bill N/A

23
Documentary Bills for Collection
Bank Handling charges (Import): Handling charges (Import): Handling commission
Customers Non-Customers (Export)
Absa Bank 0.5% -0.65% flat (Min GH¢200) N/A 0.25%(min. - USD250)
Access Bank USD25 N/A USD100
Agricultural Development 0.5% of LC value N/A 0.25% of F.V LC/ Min USD 250
Bank
Bank of Africa USD50 N/A 0.75% of F.V (max USD150)
CAL Bank 0.25%, USD30.00 - USD 500 GH¢ 50 USD 100
Consolidated Bank GH¢ 100 N/A USD100
Ecobank USD25 N/A USD50
FBN Bank USD25 N/A USD100 (offshore), USD60 (local)

Fidelity Bank GH¢200 N/A N/A

First Atlantic Bank USD50 NIL USD50
First National Bank 0.3% min USD45 0.3% min USD45 0.3%; min USD50 ;max USD150
GCB Bank NIL N/A 0.2% of F.V
Guaranty Trust Bank GH¢15 N/A USD100
National Investment Bank USD30 N/A USD40
OmniBSIC Bank USD 100 USD 100 0.75% of F.V (min USD 100)
Prudential Bank GH¢50 N/A USD100
Republic Bank USD25 N/A USD50
Societe Generale USD 50 USD100 1% P/Q, Min.USD100
Stanbic Bank USD30 N/A USD100
Standard Chartered Bank 0.25% of bill amount, swift charges N/A GH¢ 200 flat
GH¢150 flat and chaser charges
GH¢100 flat
United Bank for Africa USD25 USD25 0.50%
Universal Merchant Bank USD50 Flat N/A USD100 Flat
Zenith Bank 0.75% of F.V, Max USD300 N/A 0.75%; Min. GH¢ 50; Max. USD300

24
Transfer Fees
Inward Transfer Outward Transfers Outward Transfers
(Administrative Rate and Swift Charges for Customers Rate and Swift Charge for
Bank Charges) non-Customers
Absa Bank N/A 0.75% (FCA); 1% (FEA & Cedi Account), (min USD75) + USD25 S/C N/A
Access Bank NIL 0.75%(offshore/GH¢), 1.25%(Onshore) + USD25/EUR15/GBP13 (S/C) N/A
Agricultural Development Bank N/A 0.75% of FV N/A
Bank of Africa NIL 1% (min GH¢ 60/ USD15) + USD30 S/C NIL
CAL Bank USD 5 - USD 40 USD25.00 (FEA = 1.5%, FCA = 1%, CEDI = 0.75%) MIN USD30.00 N/A
Consolidated Bank N/A 0.75% (min. USD 50) + S/C of USD 20 N/A
Ecobank N/A 1.25% (Cedi & FEA Accounts), 0.75% (FCA) + USD45 S/C N/A
0.75% (FCA, CEDI); 0.75% + 1% Externalisation (FEA); (Min. USD30; GBP20;
FBN Bank 0.75% (Flat rate) EUR30); + S/C of USD25/GBP13/EUR15 N/A
Standard 1.0% (Min. USD40.00) + USD35 S/C + USD35 Corresponding Bank
Fidelity Bank N/A Charges - optional (borne by sender or recipient) N/A
First Atlantic Bank NIL 1% of FV, (Min. USD50(Ind); Min. USD100(cor)), + USD25 N/A
FCA and GH¢ account : 0.75% min USD40, max USD210; FEA: 1.75% min USD40,
First National Bank NIL max USD210 N/A
GCB Bank N/A 1% (min. USD15, GPB10, EUR 15) + S/C of USD25/GPB15/EUR20. N/A
1% (min. USD15) plus SWIFT CHARGE of USD30, Externalisation charge of 1% and
Guaranty Trust Bank USD30 optional USD25 Corresponding Bank Charge N/A
0.75% (Cedi Account), 0.65% (FEA), 0.5% (FCA),(Min.USD30,GBP15, EUR20)
National Investment Bank N/A +USD25,GBP15, EUR20 N/A
OmniBSIC Bank NIL 1% (FCA, FEA & GH¢ account); 2.5% (Fed with cash and cheque)+ USD25 (Swift) N/A
Prudential Bank N/A 1% of F.V (Min. USD 30/EUR/30/GBP30) plus S/C - USD35, GBP30, EUR 30 N/A
1% of FV (min USD 60 for nontrade bills, 0.75% of FV for trade bills) plus swift fee of
Republic Bank USD10 USD30 N/A
1% (Min.USD50),(Cedi Account); 0.75% (Min. USD50), (FCA); 1%(min. USD50)+1%
Societe Generale USD15 flat Rep. Fee (FEA)+Swift USD20, Amendments USD40 N/A
Stanbic Bank N/A USD50 - 0.75% of F.V plus swift charge of USD20 N/A
0.75% of FV min GH¢200/USD40/EUR36/GBP30(manual), 0.5% of FV min
Standard Chartered Bank N/A GH¢100/USD20/EUR18/GBP15(online), Free(to another SCB) N/A
1% FV ( min USD10) + USD25 S/C, 1% of FV (min USD10) +USD25 S/C +1%
United Bank for Africa NIL Externalization Charges for locally sourced FCY N/A

Universal Merchant Bank NIL USD30/GBP20/EUR25/GH¢45 N/A

Zenith Bank N/A 0.75% (FCA); 1% (Cedi Account); 2% (FEA) + S/C of USD30 N/A

25
26