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STAR PREMIUM CURRENT DEPOSITS

Announcements

Bank of India sets its foot prints in Botswana.

Bank of India launches its fully owned subsidiary.

Bank of India (Botswana) Ltd. opens its branch in Gaborone on 9th August, 2013.

Exchange Rates

STAR PREMIUM CURRENT DEPOSITS

The Star Premium Current Account is ideal for those customers who wish to save on various charges. The facility of linking this account with Star Flexi Account enables the customer to earn interest on their deposits for various periods. The key features of the product are:

Who can Open? Individuals, Group of Individuals, Proprietorship Firms, Partnership Firms, Limited Companies, Associations, Trusts, Societies, Corporate Entities, etc.
Account to be opened in (currencies) BWP, ZAR, USD, EURO & GBP (Not applicable for ZAR, USD, EURO & GBP)
Minimum Balance BWP 20000
Provision for Flexi Deposit Star Flexi Current Deposit
Sweep out from C/D Account every day P5000
Sweep in to C/D Account whenever balance is below P20000 P5000
Temporary Overdrafts Can be permitted on case to case basis
Joint Account Operations Permitted
Fees and Charges

 

Minimum Balance Charges(AQB) P20
Cash Deposit Charges 15t per P100;Max.P30 per deposit
Cash Withdrawal Charges 25t per P100; Max. P30 per withdrawl
Account Closure Charges P50
Cheque Book Charges (per 100 Leaves) P40(First 100 leaves free)
Stop Payment Charges P20
Issue of Monthly Statement Free
Interim Statement P3 (2 statements free)
Leger Folio Charges NIL
Monthly Account Maintenance Charges Bal. Above BWP50000: NIL
Bal. Below BWP50000: BWP20
Remittance charges As per schedule of charges
Standing Instruction Charges Free