Fees related to Transfers

Some fees/service charges are subject to ABB

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 & Curaçao	$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 MCB Business Online Banking or MCBDirect Corporate	0.1% of the transaction amount (Min. US$ 7 and Max. US$ 280)
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 up to a maximum of USD 500.00, MCB Bonaire will not charge a correspondent fee. The intermediary bank or receiving bank (beneficiary’s bank) may charge their applicable rates, which are unknown to MCB Bonaire. We advise clients to also inquire with the beneficiary bank.
If the outgoing wire transfer amount is USD 1,000.00; the correspondent charges are US$ 15.00.