Bank of Mauritius Template on Fees, Charges and Commission (Last updated on 21/02/2025)

Interest Rates
Individuals Corporates Others
Deposit
Savings (MUR) n/a n/a n/a
Call (MUR) n/a n/a n/a
Term (MUR)
3 months Market rate Rates available on request n/a
6 months Market rate Rates available on request n/a
12 months Market rate Rates available on request n/a
24 months Market rate Rates available on request n/a
36 months Market rate Rates available on request n/a
48 months Market rate Rates available on request n/a
60 months Market rate Rates available on request n/a
Term (FCY)
Fixed Deposit 		Rates available on request Rates available on request
n/a
Credit Facilities (MUR)
Prime Lending Rate (PLR) 6.80 % p.a 6.80 % p.a n/a
Credit Cards n/a n/a n/a
Other Credit facilities + margin over PLR PLR + Applicable Margin PLR + Applicable Margin n/a
Credit Facilities (FCY)
Margin over LIBOR Libor/Other Relevant Reference Rates + Applicable Margin Libor/Other Relevant Reference Rates + Applicable Margin n/a
Deposits
Savings Account
Minimum account opening balance n/a n/a n/a
Minimum credit balance to earn interest n/a n/a n/a
Monthly service charges if credit balance fails below minimum balance Nil n/a n/a
Current Account
Minimum account opening balance Rs 25,000 Rs 3,500,000 n/a
Cost of cheque book 50 leaves – Rs 250

100 leaves – Rs 400 		50 leaves – Rs 250

100 leaves – Rs 400

200 leaves – Rs 750 		n/a
Monthly Service Charges Rs 100 + VAT Rs 150 + VAT n/a
Call Deposit Account (MUR)
Minimum balance n/a Rs3,500,000 n/a
Minimum credit balance to earn interest n/a Rs1,000,000 n/a
Monthly service charges Nil Nil n/a
Term deposits (MUR)
Minimum amount Rs100,000 Rs3,500,000 n/a
Deposit withdrawn before maturity A rate of 1.0% p.a. will be charged on the amount being redeemed over the period between the date of pre-termination and the date of maturity of the deposit (Assuming Normal Market Conditions) For deposits redeemed before maturity date, the higher of either a penal rate of 1.0% p.a. or the cost of replacement of the deposit will apply. n/a
Term deposits (FCY)
Minimum amount USD10,000 or equivalent USD100,000 or equivalent n/a
Deposits withdrawn before maturity A rate of 1.0% p.a. will be charged on the amount being redeemed over the period between the date of pre-termination and the date of maturity of the deposit (Assuming Normal Market Conditions) For deposits redeemed before maturity date, the higher of either a penal rate of 1.0% p.a. or the cost of replacement of the deposit will apply. n/a
Individuals Corporates Others
Foreign Currency Account
Minimum balance
Euro n/a Equivalent of USD100,000 n/a
Pounds Sterling n/a Equivalent of USD100,000 n/a
US Dollar n/a USD100,000 n/a
Minimum credit balance to earn interest n/a n/a n/a
Monthly service charges Rs 100 + VAT Monthly Account maintenance / Ledger fees – Rs 150 + VAT n/a
Banking of notes 1.00% 1.00% n/a
Charges on withdrawal of notes 0.50% 0.50% n/a
Credit Facilities
Credit cards
Annual Fee n/a n/a n/a
Replacement of lost/stolen cards n/a n/a n/a
Cash advance fee n/a n/a n/a
Overlimit fee n/a n/a n/a
Loans and advances
Processing fee None None n/a
Arrangement fees 1% min. Rs 1,000 1% min. Rs 1,000 n/a
Ledger Fee n/a n/a n/a
Commitment fee 1% p.a on non-utilized portion 1% p.a. on non-utilized portion n/a
Early redemption fee None None n/a
Valuation Survey & Report fee Rs 1,000 + valuation fee Rs 1,000 + valuation fee n/a
Legal charges for creation of security documents
-Fixed/Floating Charges Rs 1,500 Rs 1,500 n/a
-Gages sans deplacement Rs 1,000 Rs 1,000 n/a
-Erasure of charges Rs 1,000 Rs 1,000 n/a
Guarantees
Performance bonds 1.5% p.a for first Rs 5M (min Rs 1,000) + 1% for additional amount over Rs 5M 1.5% p.a for first Rs 5M (min Rs 1,000 ) + 1% p.a for additional amount over Rs 5M n/a
Tender/bid bonds n/a 1.0% first 6 months (min Rs 1,000 )

0.25% for each additional period of three months or part of (min Rs 1,000 ) 		n/a
Advance payment bonds 2.0% p.a (min Rs 1,000) 2.0% p.a (min Rs 1,000) n/a
Retention money bonds / guarantees 2 .0% p.a (min Rs 1,000) 2.0% p.a (min Rs 1,000) n/a
Shipping guarantee Rs 2,000 Rs 2,000 n/a
General Services
Treasury Bills
Account opening fee Nil Nil Nil
Transaction fee Nil Nil Nil
Individuals Corporates Others
Debit Cards
Annual fee n/a n/a n/a
Replacement of lost/stolen cards n/a n/a n/a
Withdrawals
-Bank's ATM n/a n/a n/a
-Other Bank's ATM n/a n/a n/a
-Overseas n/a n/a n/a
Others
Telegraphic transfer (inclusive of swift charges) if "Commission charges our" Rs 500

USD 25 , GBP 15 , ZAR 130 and EUR 25 or equivalent as per our correspondent bank charges + any applicable overseas bank charges 		Rs 400 (via Business Online)
Rs 1,000 (Manual instructions)

USD 25 , GBP 15 , ZAR 130 and EUR 25 or equivalent as per our correspondent bank charges + any other applicable overseas bank charges 		n/a
MACCS facility Rs 150 Rs 100 n/a
Audit confirmation certificate Rs 500 Rs 1,000 n/a
Testimonial/Banker's reference fee Rs 200 Rs 200 n/a
Letter of reference Rs 200 Rs 200 n/a
Payroll fee n/a n/a n/a
Internet banking fee Free n/a n/a
Electronic banking (Business Online)
–Reporting &Transacting n/a Rs 600 per month n/a
–Reporting only n/a n/a n/a
–Reporting of additional legal entity n/a Rs 100 per month n/a
–Additional training /re–installation (on site) n/a Free of charge n/a
Duplicate statement of account Rs 25 per sheet Rs 25 per sheet less than 3 months and Rs 100 per sheet for duplicates over than 3 months n/a
Standing Instructions
–Internal transfer Nil Nil n/a
–Transfer to other banks Rs 30 Rs 30 n/a
Unpaid Standing Order due to insufficient fund Rs 200 Rs 200 n/a
Direct Debit n/a n/a n/a
Unpaid Direct Debits n/a n/a n/a
Purchase of foreign cheques / bank drafts n/a n/a n/a
Sale of draft n/a n/a n/a
Stop payments for bank drafts n/a n/a n/a
Cancellation fee for bank draft n/a n/a n/a
Office cheque issuance Rs 150 Rs 150 n/a
Special Cheque Clearance

(on request for min of Rs 200,000) 		Nil Nil n/a
Cheque book facility Refer to cost of cheque book Refer to cost of cheque book n/a
Cheque returned
–Inward Rs 250 Rs 200 n/a
–Outward nil nil n/a
Stop payment orders Rs 100 per request Rs 100 per request n/a
Safe deposit lockers n/a n/a n/a
Night safe n/a n/a n/a