Fee Description | Fee Amount | Calculation Criteria | |
---|---|---|---|
Account Opening Fee 1,2 | Corporate Account 3,10 | US$1,450 | Application Fee: US$1,000 (non-refundable) Activation Fee: US$450 (upon account opening) |
Personal Account 4 | US$150 | One-time payment upon account opening. | |
Minimum Deposit Fee | Corporate Account 5,10 | US$50 | Waived for corporate accounts where the average balance of past three months is above US$20,000. |
Personal Account 6 | Free of Charge | ||
Monthly Maintenance Fee 10 | US$5 | Charged on the following calendar month after the account is opened. | |
Outgoing Remittance Fee 7,8,9,10 | Bank of Asia Accounts | Free of Charge | |
Non-Bank of Asia Accounts | Minimum US$60 (or equivalent) per transaction | Charged as a percentage of the transaction amount with a minimum of US$60. | |
Incoming Remittance Fee 7,8,9,10 | Bank of Asia Accounts | Free of Charge | |
Non-Bank of Asia Accounts | Minimum US$60 (or equivalent) per transaction | Flat Rate |