Fees related to Transfers

Some fees/service charges are subject to ABB

Effective October 1, 2019

Please note that many of these transactions are offered free of charge or for a lower fee 
via our Bankomatiko (ATM’s), MCB Personal Online Banking and MCB Mobile.
 

Current Account Monthly Administration Fee

 

Transfers excl. ABB

Transfer between own MCB accounts

$2
Via online banking free of charge

Transfer fee to other MCB Bonaire account

$2.50
Via online banking free of charge

Transfer fee from MCB to other local banks 

$4
Via online banking free of charge

MCBB-other MCB subsidiary transfer fee $3.50
Via online banking free of charge
Transfer to other banks in St. Maarten, Cur and Aruba $5
Via online banking free of charge
Transfer to other banks in Aruba

⅛% with a minimum of $10 and a maximum of $280

Via online banking the outgoing wire transfer fee 0.1% of the amount, with a minimum of $7 and a maximum of $280

Bill payments to utility companies

$2.50
Via online banking free of charge

Pre-authorized debit payments to Telbo, Web, Digicel $0.59

Standing Orders

MCBB-MCBB Standing order fee

$2
Via online banking free of charge.

Standing order to other local banks

$4
Via online banking free of charge

Standing order to other MCB Group banks $3.50
Via online banking free of charge
Standing order to other banks in St. Maarten, Cur. $5
Via online banking free of charge
Amendment  fee standing order $2.50
Cancellation fee  due to 3x consecutive NSF $5
Standing order to other Aruba Local banks

⅛% with a minimum of $10 and a maximum of $280

Via online banking the outgoing wire transfer fee 0.1% of the amount, with a minimum of $7 and a maximum of $280

Wire Transfers

Incoming Transfer to USD Account

$6

Incoming Transfer to non-USD Account

$6 + 0.125% of the transaction amount

Incoming transfer to other local Banks $6
Outgoing Wire Transfer received through
account transfer or Branches
0.125% of the transaction amount
(Min. US$ 10 and Max. US$ 280)
Outgoing Wire Transfer using
MCB Personal Online Banking
MCBDirect Business or MCBDirect Corporate
0.1% of the transaction amount
(Min. US$ 7 and Max. US$ 280)

Recall /amendment fee of Wire transfers

Amend $/€35.00
Recall $/€45.00

Swift confirmation

$10

CORRESPONDENT BANK CHARGES

The following Correspondent Bank Charges will be applied to Euro Wire Transfer Payments

Outgoing Wire Transfer
Transactions Amount

Charges
EURO

 

Incoming Wire Transfer
Transactions Amount

Charges
EURO

1.00 - 250.00

0.00

 

1.00 - 250.00

0.00

250.01 - 500.00

10.00

 

250.01 - 500.00 

5.00

500.01 - 1,000.00

15.00

 

500.01 - 1,000.00

10.00

1,000.01 - 5,000.00

30.00

 

1,000.01 - 5,000.00

20.00

5,000.01 - 10,000.00

60.00

 

5,000.01 - 10,000.00

30.00

10,000.01 - 50,000.00

75.00

 

10,000.01 - 50,000.00

40.00

50,000.00+

100.00

 

50,000.00+

50.00

Please note that the amount of the abovementioned charges are in the currency of the wire transfer. For example;

  • If the outgoing wire transfer amount is Euro 1,000.00; the correspondent charges are Euro 15.00.
  • If the outgoing wire transfer amount is Euro 500.00; the correspondent charges are Euro 10.00.

 

CORRESPONDENT BANK CHARGES

The following Correspondent Bank Charges will be applied to US Dollar Wire Transfer Payments

Outgoing Wire Transfer
Transactions Amount

Charges
USD

 

Incoming Wire Transfer
Transactions Amount

Charges
USD

1.00 - 500.00

0.00

 

1.00 - 500.00

0.00

500.01 - 1,000.00

15.00

 

500.01 - 1,000.00 

10.00

1,000.01 - 5,000.00

30.00

 

1,000.01 - 5,000.00

20.00

5,000.01 - 10,000.00

60.00

 

5,000.01 - 10,000.00

30.00

10,000.01 - 50,000.00

75.00

 

10,000.01 - 50,000.00

45.00

50,000.01+

100.00

 

50,000.01+

60.00

Please note that the amount of the abovementioned charges are in the currency of the wire transfer. For example;

  • If the outgoing wire transfer amount is a maximum of USD 500.00; the correspondent charges is US$ 0.00 (free of charge).
  • If the outgoing wire transfer amount is USD 1,000.00; the correspondent charges are US$ 15.00.