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