Fees related to Transfers

Some fees/service charges are subject to ABB

Effective October 1, 2019

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, Cur and Aruba $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
MCBDirect Business or MCBDirect Corporate
0.1% of the transaction amount
(Min. US$ 7 and Max. US$ 280)

Recall /amendment fee of Wire transfers

Amend $/€35.00
Recall $/€45.00

Swift confirmation

$10

Correspondent Bank Charges

The following Correspondent Bank Charges will also be applied on US Dollar and EURO SWIFT Payments

Outgoing SWIFT Transactions Amount

Charges USD / EUR

0 - 250.00

0.00

250.01 - 500.00

10.00

500.01 - 1,000.00

15.00

1,000.01 - 5,000.00

30.00
5,000.01 - 10,000.00 60.00
10,000.01 - 50,000.00 75.00
50,000.01+ 100.00
 

Incoming SWIFT Transactions Amount

Charges USD / EUR

0 - 250.00 0.00
250.01 - 500.00  5.00
500.01 - 1,000.00 10.00
1,000.01 - 5,000.00 20.00
5,000.01 - 10,000.00 30.00
10,000.01 - 50,000.00 US$ 45.00 /€ 40.00
50,000.01+ US$ 60.00 /€ 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 USD 1,000.00; the correspondent charges are US$ 15.00.