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Sale and Purchase of Foreign Currency
Antigua Commercial Bank deals in six currencies other than the EC$(Eastern Caribbean)- US$ (United States), £ (British Pound), Canadian CDN, EURO and Barbadian BDS . These currencies may be sold or purchased in the form of cash, drafts and/or travellers cheques.
Safety Deposit Boxes
Small steel lockers installed for use during banking hours by customers to place important documents &/or valuable items.
Rental fees are dependent on the size of the box. See our Customer Price List
Wire Transfers
Using our international network of Correspondent Banks we can transfer or receive funds on your behalf to any part of the world.
The customer is required to pay a minimum fee for local and overseas transfers. See our Customer Price List
Certification of Balances
This is an official statement of your balance(s) on account(s) at a specific date, addressed to a named party. See our Customer Price List
Night Depository
This service is provided for business customers to deposit cash and/or cheques in the safe-keeping of the Bank outside of the normal banking hours in secure wallets or plastic pouches provided by the Bank. The contents are counted and credited to the customer account the business day following drop off. See our Customer Price List
Standing Orders
This is an automated service to make recurring payments to an account or third party on your behalf. e.g. insurance premiums, loan payments. See our Customer Price List
Drafts
These are negotiable instruments issued on your behalf and payable to whomever you require. We issue drafts in six currencies: EC$(Eastern Caribbean), US$ (United States), £ (British Pound), Canadian CDN, Euros and BDS (Barbadian). See our Customer Price List
Traveller's Cheques
These are cheques issued by the Bank, providing for your signature to be added at the point of purchase, so that your signature can be verified at the time of encashment/negotiation. See our Customer Price List
Customer Price List
Business Chequing
Cheque Saving
Chequing Account
Regular Savings Account
Forty and over Club
Junior Savings
Golden Savings
Individual Retirement Accounts
Homebound
Loans and Advances
Safety Deposit Boxes
Night Safe
Statements
| Business Chequing |
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| Minimum Opening Balance |
$50,000 |
| Minimum to earn interest |
$50,000 |
| Interest Rate |
2% |
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| Cheque Saving |
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| Earn interest while writing cheques |
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| Minimum Opening Balance |
$500 |
| Minimum to earn interest |
$500 |
| Interest Rate |
2% |
| Per Item |
$1.25 |
| Minimum monthly charge |
$20 |
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| Forty and Over Club |
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| Special Privileges in the prime of your life |
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| Minimum Opening Balance |
$5,000 |
| Interest Rate |
4% |
| Comes with Credit Card and special discounts |
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| Junior Savings |
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| Begin with good savings habits |
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| Minimum Opening Balance |
$100 |
| Interest rate |
4% |
| Free gift when account is opened |
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| Golden Savings |
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| Save towards that special goal |
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| Minimum opening balance |
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| Monthly deposits must be multiple of $100 |
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| Interest rate |
3.5% |
| Free Deposits |
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| Withdrawals only after 12 consecutive monthly deposits |
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| Early withdrawal penalty $50 or savings rate whichever is higher |
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| Individual Retirement Accounts |
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| Save towards your retirement |
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| Minimum opening balance |
$5,000 |
| Interest rate |
3% and upwards varying with balance |
| Minimum monthly deposit |
$250 |
| Term |
3 Years |
| Early withdrawal penalty |
0.5% of amount withdrawn |
| Missed monthly deposit |
$25 |
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| Homebound |
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| Nationals residing outside of Antigua |
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| Minimum opening balance |
$4,000 |
| Interest Rate |
4% $4,000 and above
3% below $4,000 |
| Free withdrawals and deposits |
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| Third Party Withdrawals |
$15 |
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| Call Accounts |
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| Minimum |
$250,000 |
| Term |
60-90 days |
| Interest Rate |
2% and upwards
depending on duration |
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| Chequing Account |
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| Account closure within 6 months |
$30 |
| Account closure within 3 months |
$35 |
| Account closure within 1 month |
$45 |
| Charge per debit entry |
$1.25 per entry (4 free) |
| Cheque Books |
At cost plus stamp duty |
| Minimum service charge (business) |
$15 |
| Minimum service charge (personal) |
$15 |
| Minimum Overdraft interest |
$30 |
| NSF Charge/Returned Cheque |
$45 |
| Stop Payment |
$25 |
| Forced Cheque Charge |
$30 |
| Regular Savings Account |
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| Minimum to open |
$300 |
| Acccount closure within 6 months |
$30 |
| Account closure within 3 months |
$45 |
| Minimum balance |
$300 |
| Charge for below min balance |
$5 per month |
| Third party transactions |
$5 |
| Loans and Advances |
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Late payment |
$60 |
| Statement of interest paid |
$25 |
| Negotiation fees |
1% minimum $175 |
| Standby fee for approved line of credit |
1% |
| Min interest on Demand Loans |
$120 |
| Amendment to approved credit |
Minimum $200 personal $500 Business |
| Renewal fees |
1% |
| Obsolete (uncollected expired security) per annum |
$50 |
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Safety Deposit Boxes |
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| Small box |
$120 |
| Medium box |
$150 |
| Large boxes |
$175 |
| Extra large |
$250 |
| Number of free visits (per month) |
2 |
| Additional visits (per visit) |
$10 |
| Listing of contents for Estate Purposes (per hour) |
$25 |
Min |
$50 |
| Drilling of box (plus cost) |
$300 |
| Key Replacement (plus cost) |
$100 |
| Late payment of rental (per month) |
$10 |
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Night Safe |
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| Night Deposit Service (annual fee) |
$125 |
| Night Deposit Service (per plastic bag) |
$1 |
| Replacement of lost or stolen key |
$50 plus cost |
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Statements |
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| Interim Statement |
$15 |
| Duplicate statement to other address |
$15 |
| Screen Print of statement |
$10 |
| Hold statement |
$15 |
| Statement other than monthly |
$10 |
| Photo copy of statements (per page) |
$5 |
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Other Charges |
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| Issuing duplicate draft |
$20 plus stamp duty |
| Production of voucher from archives |
$25 per hr minimum $15 |
| Audit confirmation/Searches/ AC Queries: |
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| 2-12 months |
$50 |
| More than 1 year |
$60 |
| 2 years |
$75 |
| 3 Years |
$100 |
| 4 Years |
$200 |
| 5 Years |
$200 |
| 6 years |
$250 |
| Fax message at customer's request |
$20 plus cost |
| Reactivation of dormant account |
$0 with deposit $25 without |
| Confirmation of balance |
$50 |
| Certificate of Balance to Embasssies |
$25 |
| Acting on clients instructions, fax, telephone, e-mail etc |
$15 |
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Local and International Payments |
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| Local Drafts |
$20 |
| US Drafts |
$20 |
| Inquiry/tracing of wire transfers |
$20 (plus cable cost) |
| Cable and Telegraphic Transfers |
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Outgoing:
EC Territories |
0.375% minimum. $20 (plus $30 cable cost) |
| Other |
1% minimum. (plus $40 cable cost) |
| Incoming: |
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| To credit account at bank |
$15 |
| Payment to another bank |
$20 |
| Beneficiary to collect funds |
$20 |
| Travellers Cheques
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1% of value $5 minimum |
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| Card Services |
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| Annual Fees: |
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| Classic Principal |
$100 |
| Classic Co-applicant |
$50 |
| Gold Principal |
$150 |
| Gold Co-applicant |
$75 |
| Business Principal |
$400 |
| Business Co-applicant |
$165 |
| Cash Advance |
$10 minimum up to $500, after 2% |
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| Late payment |
$15 |
| Over Limit |
$25 |
| Replacement card |
$25 |
| Lost/stolen card |
$25 |
| Statement copy |
$15 |
| Min monthly payment: |
5% of outstanding balance |
Barbuda (special charges) Bill payment fees for COURTS, Cable and Wireless,British American and ACT Research (Bill payment)
$3.00 per transaction - $10 per Item Courier Service:
This includes purchase of draft and delivery in St. Johns
$40
Third Party payment:
This is similar to Western Union.
That is paying cash to
persons in Antigua based on request originating in Barbuda.
$25
Faxes:
For receiving
$2.50 per page
Min $7.50
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