Commissions and Charges for International Individual clients

Accounts

RCB Gold
Account opening 100 EUR
Account closure 50 EUR
Minimum average account balance (accounts with balances below minimum will be closed) 1.000 EUR
Account maintenance 180 EUR p.a., charged monthly
Account monitoring fee (applicable only to High Risk clients)
600 EUR p.a., charged monthly
(if average monthly balance1 is above
2 m EUR including securities, 50% discount is applicable)
Periodical statements (as per General Terms and Conditions for account opening) Free
Cash transactions

RCB Gold
Cash deposits Free for EUR
0,5% for other currencies (min. 5 EUR)
Cash withdrawals Free for EUR (up to 10.000 EUR)
0,1% for EUR (over 10.000 EUR)
0,5% for other currencies (min. 5 EUR)
Cash FX fee
(per transaction)
0,5% (min. 5 EUR, max. 35 EUR)
Transactions with coins (deposit / withdrawal / exchange) 1% for amounts over 50 EUR
(min. 3 EUR)
Payments/Transfers

RCB Gold
Inward SWIFT/SEPA transfers Free
Outward SWIFT transfers
Charge option SHARED
0,1% (min. 43 EUR - max. 155 EUR
incl. SWIFT 12,5 EUR)
Additional fee for outward SWIFT transfers with charge option OUR 10 EUR (up to 10.000 EUR)
35 EUR (from 10.000 to 50.000 EUR)
60 EUR (over 50.000 EUR)
Manual processing of outward transfers received on paper/fax 10 EUR
Same day payment cut-off time
(Cyprus time)
Till 13:00 (for EUR, GBP and RUB),
Till 16:00 (for USD)
Outward SEPA transfers
(up to 50.000 EUR)2
Value date - T+1 (provided that payment is received by the Bank before official cut-off time). Charge option - only SHARED
Free
Creation or amendment of SEPA Direct Debit Free
Execution of SEPA Direct Debit Free
Failed execution of SEPA Direct Debit
(e.g. insufficient funds)
4 EUR
Creation or amendment of a standing order3 Free
Internal transfers (within the Bank) Free
Internal transfers (between own accounts within the Bank) Free
Internal transfers (within the Bank) through RCB Online Banking Free
Payments/Transfers through RCB Mobile Banking

Single transaction limit
Daily transaction limit
Transfer between own accounts
Unlimited
Unlimited
Transfer to RCB beneficiaries
3.000 EUR
10.000 EUR
Transfer via payment templates (SEPA)
3.000 EUR
10.000 EUR
Transfer via payment templates (Outward)
3.000 EUR
10.000 EUR
Transfer via payment templates (Outward RUB)
3.000 EUR
10.000 EUR
Fees and parameters for RCB Visa cards in EUR

RCB Gold
Main debit card's annual fee
(first card)
Free
Main credit card's annual fee
(first card)
Free
Main debit/credit card's annual fee (second and each consecutive card) 20 EUR
Supplementary debit/credit card's annual fee Free first and second card
20 EUR third and each consecutive card
Issuance of supplementary Visa Gold card (one-off payment) Issued by default
Urgent card and PIN production
(next business day)
10 EUR
Debit/credit card
re-issue/replacement
Free
Annual interest rate on credit card 10%
Annual interest rate on credit card during the grace period
(up to 50 days)4
0%
Monthly interest on credit not repaid on time 2%
Commission for exceeding the established card’s credit limit 2% on excess amount
Credit card's due date 20th day of the following month from a statement date
Credit card's minimum installment 8% of the total outstanding balance on a statement date
Commission for cash withdrawals from the ATMs of the Bank Free
Commission for cash withdrawals from the ATMs of other banks in Cyprus Free three transactions5
1% (min. 1 EUR) fourth transaction and each consecutive
Commission for cash withdrawals from the ATMs outside Cyprus 2,5% (min. 2,5 EUR)
Commission for cash withdrawals from the cash points of other Banks 2,5% (min. 2,5 EUR)
Foreign exchange commission
(for non-account currencies transactions)
2% on transaction amount
SMS-Notice Free
Card and PIN mailing to client’s address (by courier) 70 EUR
Daily transaction limit (set by default and may be changed upon client request) 10.000 EUR
Daily cash withdrawal limit from the ATMs of the Bank 1.000 EUR
Daily cash withdrawal limit (set by default and may be changed upon client request) 1.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client request 10.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for сards with no SMS-Notice service activation - set by default and may be decreased upon client’s request 200 EUR
Fees and parameters for RCB Visa cards in USD, GBP and RUB

USD
GBP
RUB
Main debit card's annual fee
(first card)
50 USD 50 GBP 4.000 RUB
Main credit card's annual fee
(first card)
50 USD 50 GBP 4.000 RUB
Main debit/credit card's annual fee (second and each consecutive card) 50 USD 50 GBP 4.000 RUB
Supplementary debit/credit card's annual fee 20 USD 20 GBP 1.600 RUB
Urgent card and PIN production (next business day) 10 USD 10 GBP 800 RUB
Debit/credit card
re-issue / replacement
Free Free Free
Annual interest rate on credit card 15% 15% 18%
Annual interest rate on credit card during the grace period
(up to 50 days)4
0% 0% 0%
Monthly interest on credit not repaid on time 2% 2% 2%
Commission for exceeding the established card’s credit limit 2% on excess amount 2% on excess amount 2% on excess amount
Credit card's due date 20th day of the following month from a statement date 20th day of the following month from a statement date 20th day of the following month from a statement date
Credit card's minimum installment 8% of the total outstanding balance on a statement date 8% of the total outstanding balance on a statement date 8% of the total outstanding balance on a statement date
Commission for cash withdrawals from the ATMs of the Bank Free Free Free
Commission for cash withdrawals from the ATMs of other banks in Cyprus 2,5%
(min. 2,5 USD)
2,5%
(min. 2,5 GBP)
2,5%
(min. 250 RUB)
Commission for cash withdrawals from the ATMs outside Cyprus 1%
(min. 1 USD)
1%
(min. 1 GBP)
1%
(min. 100 RUB)
Commission for cash withdrawals from the cash points of other Banks 2,5%
(min. 2,5 USD)
2,5%
(min. 2,5 GBP)
2,5%
(min. 250 RUB)
Foreign exchange commission
(for non-account currencies transactions)
2% on transaction amount 2% on transaction amount 2% on transaction amount
SMS-Notice Free Free Free
Card and PIN mailing to client’s address
(by courier)
80 USD 80 GBP 5.000 RUB
Daily transaction limit (set by default and may be changed upon client request) 10.000 USD 10.000 GBP 800.000 RUB
Daily cash withdrawal limit from the ATMs of the Bank 1.000 USD 1.000 GBP 80.000 RUB
Daily cash withdrawal limit (set by default and may be changed upon client request) 1.000 USD 1.000 GBP 80.000 RUB
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client request 10.000 USD 10.000 GBP 800.000 RUB
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for сards with no SMS-Notice service activation - set by default and may be decreased upon client’s request 200 USD 200 GBP 20.000 RUB
Fees and parameters for multicurrency RCB Mastercard
Debit card monthly fee 7,99 EUR
Connect/disconnect USD, GBP, RUB and/or CHF account to the card Free
Urgent card and PIN production
(next business day)
10 EUR
Card re-issue/replacement Free
Card and PIN mailing to client’s address 70 EUR
Commission for cash withdrawals from the Bank’s ATMs Free
Commission for cash withdrawals from the ATMs of other banks 1%
(min. 1 EUR, USD, GBP, CHF or
100 RUB)
Commission for cash withdrawals from the cash points of other banks 2,5%
(min. 2,5 EUR, USD, GBP, CHF or
250 RUB)
Foreign exchange commission
(for non-account currencies transactions)
Free
SMS-Notice Free
Daily transaction limit
(set by default and may be changed upon client request)
10.000 EUR
Daily cash withdrawal limit
(set by default and may be changed upon client request)
1.000 EUR
Daily cash withdrawal limit from the ATMs of the Bank 1.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) (set by default and may be changed upon client’s request) 10.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions)
(for сards with no SMS-Notice service activation - set by default and may be decreased upon client’s request)
200 EUR
Supplementary Visa contactless card rcb2pay

RCB Gold
Account currency EUR
rcb2pay annual fee Free first card
10 EUR second and each consecutive card
rcb2pay re-issue / replacement fee Free
Daily transaction limit (set by default and may be changed upon client's request) 500 EUR
Cheques and bankers’ drafts

RCB Gold
Clearing of a cheque/bankers’ draft (drawn upon a local bank in Cyprus and issued in Euro)
Clearing of a cheque Free
Clearing of a bankers’ draft Free
Special presentation 20 EUR
Issue of a chequebook
Issue of a chequebook Free
Issue of a special chequebook (customised logo) Printing cost
+ stamps
+ supervision cost
Issue of a bankers’ draft
Issue of a bankers’ draft in Euro Free
Stopping payment of a cheque/bankers’ draft
Stop payment request 20 EUR
Cancellation of a stop payment request 20 EUR
Cheques which fail the clearing process/return of cheques
Return of an RCB cheque for insufficient funds (charged to the issuer of an RCB cheque) 50 EUR
Return of an RCB cheque as a postdated cheque (charged to the issuer of an RCB cheque) 8 EUR
Return of an RCB cheque for other reasons (charged to the issuer of an RCB cheque) 8 EUR
Return of an RCB cheque after a failed attempt for any reason (charged to the issuer of an RCB cheque) 8 EUR
Cheques drawn upon other local bank and deposited with RCB which fail to clear (charged to the beneficiary) Free
Bank guarantees
Issue of bank guarantee on cash covered basis 0,083% monthly, min. 0,25%
Issue of bank guarantee within a credit limit 0,15% monthly, min. 0,45%
Extension of bank guarantee on cash covered basis 0,083% monthly
Extension of bank guarantee within a credit limit 0,15% monthly
Amendment of bank guarantee 50 EUR (per amendment)
Cancellation of bank guarantee before approval 20 EUR
Bank guarantee advising 0,1% min. 50 EUR, max. 100 EUR
Advising an amendment of bank guarantee 50 EUR (per amendment)
Letters of Credit
Issue of letter of credit on prepaid or cash covered basis 0,067% monthly, min. 0,2%
Issue of letter of credit within a credit limit 0,15% monthly, min. 0,45%
Extention of letter of credit on prepaid or cash covered basis 0,067% monthly
Extention of letter of credit within a credit limit 0,15% monthly
Amendment of a letter of credit 50 EUR (per amendment)
Cancellation of a letter of credit before approval 20 EUR
Letter of credit advising 0,1% min. 50 EUR,
max. 100 EUR
Handling of documents
(examination - under a letter of credit nomination)
0,25% min. 250 EUR,
max. 1000 EUR
Discrepant documents under a letter of credit 80 EUR
Advising an amendment of letter of credit 50 EUR (per amendment)
Communication charges

RCB Gold
Investigations (inward and outward)
up to 30 days
50 EUR
Investigations (inward and outward)
over 30 days
70 EUR
Additional statement or SWIFT
(by fax or e-mail)
Free
Courier in Cyprus 10 EUR minimum charge
Courier abroad 35 EUR minimum charge
Postages in Cyprus 1 EUR minimum charge
Postages for abroad 2 EUR minimum charge
Other services

RCB Gold
Certificate of balance and/or interest 3 EUR (per account)
Auditor confirmation 15 EUR
Bank reference letter Free
Hold mail (per quarter) Free
RCB Online Banking Free
First issued OTP token Free
Replacement of OTP token 10 EUR
Display card token fee 50 EUR6
Test key codes Free
Switch to RCB Gold banking package n/a
Switch to RCB Classic banking package 200 EUR
Available fixed term deposit schemes All deposit schemes
Custodian services
Maintenance of custody account (portfolio)
Safe-keeping charge
(charged quarterly)7
0,15% p.a. (min. 100 EUR per year)
Monthly maintenance of segregated account for client with sub-custodian (Euroclear, Clearstream, VTB),
per sub-custodian account
Monthly maintenance is paid based on individual invoices
Custodian transfers
Transfer of securities DVP or FOP to/from external custody 50 EUR
Change or cancellation order in external custody 15 EUR
Corporate actions (CA), taxation
Forwarding notifications of CA obtained from sub-custodians/issuers to a client Free
Client initiated requests for information on CA to a sub-custodian 50 EUR per request
CA initiated by the issuer
e.g. additional issue/exchange of securities, repurchase after liquidation, liquidation etc.
Free
CA/disclosures to the issuer at the client’s discretion for request: capital increase, IPO, exchange offer, conversion, exercise of warrants, optional dividend, reinvestment funds and other 50 EUR per instruction
CA at the client's discretion for voting instructions 50 EUR per voting instruction
Certification of client’s holdings for relevant markets through
sub-custodian
50 EUR per certification
Assistance in obtaining tax relief under a Double Taxation Treaty directly from an issuer Charged individually per client’s request on a case by case basis,
min. 50 EUR, max. 250 EUR
Other custodian services8
Manual processing of custodian instructions received on paper/fax 20 EUR
Transfer of income to a client’s account to third banks Charged as per payments/transfers commissions
Obtaining statement from external custodian upon request 50 EUR per statement
Additional portfolio statement
(any statement requested by client in addition to monthly portfolio statement)
5 EUR per additional statement
Brokerage fees
Bonds
Less than 10m USD9 0,125%
(min. 150 USD)9
More than 10m USD9 0,0625%
Equities
Less than 100.000 USD9 0,25%
(min. 200 USD)9
100.000 — 999.999 USD9 0,20%
1m — 10m USD9 0,15%
More than 10m USD9 Individual
REPO for bonds and equities
For period less than 45 days 0,25% p.a.
For periods 45-180 days 0,50% p.a.

All fees are quoted in Euro, unless otherwise stated in the Bank’s website. In case of insufficient funds on a client’s Euro account, the Euro equivalent will be charged from the client’s account in other currencies at Bank’s exchange rate. In case the client’s account currency differs from Euro, the fees will be charged in Euro equivalent at Bank’s exchange rate.

Where a fee or charge is levied in a currency other than the currency of the account, the above commissions and charges are converted into the relevant currency equivalent at the Bank’s exchange rate.

1The average monthly balance is calculated as the sum of daily credit balances (at the beginning of each day) in all client’s accounts with the Bank during the month divided by the number of calendar days in the respective month.
2SEPA area: EU countries, Norway, Lichtenstein, Iceland, Switzerland and Monaco.
3All transfers executed as per a standing order will be charged according to the Bank’s Commissions and Charges.
4Grace period does not apply to cash withdrawal transactions.
5ATM cash withdrawals are calculated per month per account regardless the number of cards linked to the account.
6Free for clients with a fixed term deposit for the amount over 1m EUR or equivalent in applicable currency.
7Charge is accrued on market value of client’s holding. In case market value is not available, the nominal is used for bonds, for shares a default price of 2 EUR per share is applied. Standard safekeeping tariff is applicable for international securities, US, GB, IE, RU. Safekeeping of securities in other local markets may involve additional costs.
8The third parties charges (Global Depositary Receipt (GDR) agency fees, notary, postage etc.) are to be reimbursed by the client at cost.
9Or equivalent in applicable currency.