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Schedule of rates for corporate accounts
Standard Corporate Customers
Corporate account rates (standard) | ||
Service Name | Fees | |
Account Opening Fee | Standard Account Opening Fee | $2000 |
Preferential Account Opening Fee* | $800 | |
Monthly Management Fee | Standard Monthly Management Fee | $200 |
Bank Reference | Standard Fee | $200 |
*Preferential rates are only applicable to some types of accounts, please contact customer service for details of the applicable rules.
Collection fees (standard) | ||
Service Name | Fees | |
Transfer from other Bano Accounts | 0 | |
Local Collections | AUD | A$30 |
GBP | £30 | |
EUR | €30 | |
HKD | 1% | |
USD-ACH | $30 | |
USD-FedWire | $30 | |
NZD | N$30 | |
SGD | S$30 | |
Others | $30 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. | |
SWIFT Collection | USD | $30 |
AUD | A$30 | |
GBP | £30 | |
EUR | €30 | |
NZD | N$30 | |
SGD | S$30 | |
Others | $30 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. |
Remittance fees (standard) |
| |
Service Name | Fees | |
Transfer to other Bano Accounts | 0 | |
Local Payment | GBP | £10 |
EUR | €10 | |
USD-ACH | $10 | |
USD-FedWire | $10 | |
CAD | £12.5 | |
HKD | HK$100.00 | |
PHP | £50 | |
MRY | £30 | |
INR | £30 | |
IDR | £30 | |
SWIFT Payment | USD | $40 |
AUD | A$55 | |
Others | $40 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. | |
Pay to Alipay account | AUD-CNY | 1.50%, min. 15AUD |
Bpay | Bpay with Bano | 0 |
Bpay with Unionpay | 1.50%, min. 15AUD | |
Pay to Unionpay Account | AUD-CNY | 1%, min. 13AUD |
USD-CNY | 1.5%, min. 12 USD |
Specialised Industries & Regions Corporate Customers
Corporate account rates (Specialised Industries & Regions Corporate Customers) | ||
Service Name | Fees | |
Account Opening Fee | Standard Account Opening Fee | $5000 |
Monthly Management Fee | Standard Monthly Management Fee | $1000 |
Collection fees(Specialised Industries & Regions Corporate Customers) | ||
Service Name | Fees | |
Transfer from other Bano Accounts | 0 | |
Local Collections | AUD | A$30 |
GBP | £30 | |
EUR | €30 | |
HKD | 1% | |
USD-ACH | $30 | |
USD-FedWire | $30 | |
NZD | N$30 | |
SGD | S$30 | |
Others | $30 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. | |
SWIFT Collections | USD | $30 |
AUD | A$30 | |
GBP | £30 | |
EUR | €30 | |
NZD | N$30 | |
SGD | S$30 | |
Others | $30 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. |
Remittance fees(Specialised Industries & Regions Corporate Customers) | ||
Service Name | Fees | |
Transfer to other Bano Accounts | 0 | |
Local Payment | GBP | £10 |
EUR | €10 | |
USD-ACH | $10 | |
USD-FedWire | $10 | |
CAD | £12.5 | |
HKD | HK$100.00 | |
PHP | $50 | |
MRY | $30 | |
INR | $30 | |
IDR | $30 | |
SWIFT Payment | USD | $40 |
AUD | A$55 | |
Others | $40 *The fee will be converted to the corresponding currency using the real-time exchange rate, if the exchange rate fluctuates greatly, the amount of the handling fee will also change. | |
Pay to Alipay account | AUD-CNY | 1.5%, min. 15AUD |
Bpay | Bpay with Bano | 0 |
Bpay with Unionpay | 1.50%, min. 15AUD | |
Pay to Unionpay Account | AUD-CNY | 1%, min. 13AUD |
USD-CNY | 1.5%, min. 12 USD |