SKCCU REVISED RATES SHEET EFFECTIVE AUGUST 1ST 2022
| DEPT. | A/C CLASSIFICATION PREFIX/SUFIX | TYPE OF A/C SERVICE | CHARGES | COMMISSION | VAT | CHARGES PLUS VAT |
| Mem. service | NEW ACCOUNT | New Saving Account | Opening fee/Entrance fee Ec$5.00 | $5.00 | $0.85 | $5.85 |
| Sub accounts (06) | New US Savings Account | Opening deposit US$200/Minimum bal US$200.00 | $10.00 | $1.70 | $11.70 | |
| Sub accounts (05) | Vacation Club | Opening deposit EC$100.00/Minimum bal EC$100.00 | $5.00 | $0.85 | $5.85 | |
| Sub accounts (04) | Christmas Club | Opening deposit EC$25.00/Minimum bal EC$25.00 | $5.00 | $0.85 | $5.85 | |
| Sub accounts (13) | Golden Achievers | Opening deposit EC$50.00/Minimum monthly dep. EC$50.00 | $50.00 | |||
| Permanent Share Account | No w/drawal of shares only transfers | $25.00 | $4.25 | $29.25 | ||
| Vacation Club | W/drawal before maturity charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Christmas Club | W/drawal before maturity charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Golden Achievers | W/drawal before maturity charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| SERVICE CHARGE | Bank Statement | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | |
| Fax/other foreign transaction | Charge EC$20.00 | $20.00 | $3.40 | $23.40 | ||
| ATM Maintenance Fee | Charge EC$1.00 (charged after 5 transactions monthly) | $1.00 | $0.17 | $1.17 | ||
| Dormant Account Fee | Charge EC$2.00 (Monthly) | $2.00 | $0.34 | $2.34 | ||
| Bankers cheque | Charge EC$10.00 | $10.00 | $1.70 | $11.70 | ||
| Internal Transfer | Charge EC$8.00 Savings/Chequing | $8.00 | $1.36 | $9.36 | ||
| Foreign Cheques | $2.00 | $0.34 | $2.34 | |||
| Stop Payment | Charge EC$25.00 per institution | $25.00 | $4.25 | $29.25 | ||
| Print of Accounts | Charge EC$5.00 per page | $5.00 | $0.85 | $5.85 | ||
| Photocopy | Charge EC$1.00 per sheet | $1.00 | $0.17 | $1.17 | ||
| Fax Information | Charge EC$5.00 | $5.00 | $0.85 | $5.85 | ||
| Statement of Accounts/Letter | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Search for Historical Data | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Non-Member Cheque Service | Charge EC$5.00 per cheque | $5.00 | $0.85 | $5.85 | ||
| Night Bag Service | Charge annual fee $115.00 | $115.00 | $19.55 | $134.55 | ||
| Night Bag Key Replacement | Charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Night Bag Replacement | Charge EC$125.00 | $125.00 | $21.25 | $146.25 | ||
| Safety Deposit Box | Charge EC$125.00 (small) EC$150.00 (large) annual | $125.00 – small $150.00 -large | $21.25 $25.50 | $146.25 $175.50 | ||
| Accounting | Cheque A/C Charges | Overdraft Chequing Account | Charge EC$40.00 per cheque | $40.00 | $6.80 | $46.80 |
| Chequing Account Maintenance | Charge EC$10.00 monthly | $10.00 | 1.70 | $11.70 | ||
| Unauthorized overdrafts on chequing accounts | 15% of end of month balance plus VAT | |||||
| Return Cheques | Charge EC$62.50 per cheque | $53.42 | $9.08 | $62.50 | ||
| New Cheque book | Charge EC$20.00 per cheque book effective Dec 1st 2010 | $20.00 | $3.40 | $23.40 | ||
| Overdraft facility setup | Min $100.00 -1.25% over $10,000.00 | |||||
| Annual | 18% per annum on balance monthly (1.5 % on month end bal.) | |||||
| Standing Order charges | Charge EC$10.00 per standing order | $10.00 | $1.70 | $11.70 | ||
| Card Centre | ATM CARD | Replacement Card | Charge EC$25.00 | $25.00 | $4.25 | $29.25 |
| Pin Replacement | Charge EC$10.00 | $10.00 | $1.70 | $11.70 | ||
| CREDT CARD SVS | Annual Fee on Classic Visa Card | Charge EC$100.00 | $100.00 | $17.00 | $117.00 | |
| Annual Fee additional Classic | Charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Replacement Card/Pin | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Lost/Stolen Card | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Over Limit | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Late Fee | Charge EC$15.00 | $40.00 | $6.80 | $46.80 | ||
| Limit Increase Fees | Charge EC$35.00 | $35.00 | $5.95 | $40.95 | ||
| Change of Account | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Statement History Request (min) | Charge EC$25.00 | $25.00 | $4.25 | $29.25 | ||
| Emergency Card | Charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Interest Rate | Charge 19.5 % per annum | |||||
| Cash Advance Commission | 2% min $10.00 | |||||
| Card Holder Insurance | 41 cents – EC$1000.00 outstanding balance | |||||
| DEBIT CARD SVS | Transaction fee | 25 cents plus VAT for each use of card | $0.25 | $0.04 | $0.29 | |
| Replacement Card | Charge EC$50.00 | $50.00 | $8.50 | $58.50 | ||
| Loans Dept. | Loan late payment | w/grace period of 3 days | $60.00 | $10.20 | $70.20 | |
| Loan Service Charge | Min $100.00 loans below $2,500.00 | $100.00 | $17.00 | $117.00 | ||
| Min $150.00 loans below $9,999.00 | $150.00 | $25.50 | $175.50 | |||
| Min 1.75% on loans $10,000.00 plus | ||||||
| Regular Loans | Security Payment 35% | |||||
| Security payment for other loans based on classification | ||||||
| Line of Credit | Set up 1.5% of loan amount/ Min $150 plus VAT | |||||
| Line of Credit | Annual Renewal $150 plus VAT | $150.00 | $25.50 | $175.50 | ||
| Loan payout letter | Charge EC$25.00 | $50.00 | $8.50 | $58.50 | ||
| Admin Dept. | Con. ROOM | Rental full day | Charge EC$300.00 | $300.00 | $30.00 | $330.00 |
| Rental ½ day | Charge EC$150.00 | $150.00 | $15.00 | $165.00 | ||
| Rental weekends | Charge EC$350.00 | $350.00 | $35.00 | $385.00 | ||
| Rental whole week (week days) | Charge EC$1,200.00 | $1200.00 | $120.00 | $1320.00 | ||
| LCD Projector | Charge EC$100 | $100.00 | $17.00 | $117.00 |
*The SKCCU Ltd. Reserves the right to amend rates. Also note that these rates are subject to change without prior notice.
*Please be advised that fees are Value Added Tax (VAT) inclusive (There is no VAT on Loans interest payments)
