A guide to our
Retail Banking
Tariff of Charges
effective 01 August 2016
Call 800 1234
Click hsbc.co.mu
Issued by The Hongkong and Shanghai Banking Corporation Limited
This guide lists the charges applicable to services offered by The Hongkong and Shanghai Banking Corporation
Limited “HSBC” in Mauritius to retail banking customers, including Assetvantage customers, effective from 01
August 2016.
Any subsequent change in fees and charges will be communicated by way of notice on our website, hsbc.co.mu
and in all branches.
HSBC is committed to delivering a good service to you. Should you have any suggestion on how we can better
serve you, please contact us through the helpdesk on 800 1234 or via email on [email protected].
1
ACCOUNTS AND DEPOSITS
Personal Banking
AssetVantage
N/A
Rs 207 (Rs 180 + VAT)
Minimum Account Opening Balance
Rs 5,000
Rs 5,000
Monthly Service Charge
(If average monthly balance falls below Rs 15,000, else free)
Rs 34.50 (Rs 30 + VAT)
FREE
Monthly fee
Current Account
Savings Account
Minimum Account Opening Balance / Balance to earn interest
Rs 5,000
Monthly Service Charge
Rs 25 (Rs 21.74 + VAT)
(If monthly average credit balance on active accounts falls below Rs 5,000, else free)
Rs 5,000
FREE
Time Deposit Account
Minimum Balance
Premature withdrawal of Term Deposit
Rs 50,000
A penalty fee is applicable for premature uplift of
deposit as per below:
(Difference between current interest rate and
deposit contract interest rate) x Deposit amount x
(Remaining number of days before maturity /
number of days in a year)
Notes:
Current interest rate refers to current deposit rate for period corresponding to remaining days until maturity.
Penalty applicable at time of uplift will not represent more than 4% of the initial deposit amount,
and will also not reduce the initial deposit amount.
Foreign Currency Account
EUR, GBP, USD, CAD, HKD
CNY
Savings Account
 Minimum Balance / Balance to earn interest
5,000
10,000
Time Deposit Account
 Minimum Balance
10,000
25,000
Personal Banking
AssetVantage
Monthly Service Charge - Charged in relevant currency at applicable exchange rate Rs 57.50 (Rs 50 + VAT)
(If monthly average credit balance on active accounts falls below minimum balance)
1% (mimimum Rs 150,
Commission charged for deposit and withdrawal of foreign currency notes
maximum Rs 1,500)
Notes:
Charged in relevant currency at applicable exchange rate
Deposit and withdrawal of foreign currency notes in the same curency as account
Subject to availability of foreign currency notes and within regulatory limits applicable
FREE
20% discount on
commission
(mimimum Rs 150,
maximum Rs 1,500)
ATM CARDS
ATM Card
Replacement of defective card
Replacement of lost card
Cash withdrawal on HSBC ATM network
 In Mauritius
 Overseas
Cash withdrawal on VISA/PLUS ATM network (local and international)
Personal Banking
AssetVantage
FREE
FREE
Rs 115 (Rs 100 + VAT)
FREE
FREE
FREE
FREE
Rs 60 per transaction
Rs 80 per transaction
FREE
FREE
Rs 80 per transaction
CLASSIC
GOLD
Rs 230 (Rs 200 + VAT)
Rs 115 (Rs 100 + VAT)
Rs 800
2% (minimum Rs 100,
maximum Rs 2,000)
Rs 200
Rs 150
Rs 25 per statement
Free on Personal
Internet Banking
Rs 920 (Rs 800 + VAT)
Rs 115 (Rs 100 + VAT)
Rs 800
2% (minimum Rs 100,
maximum Rs 2,000)
Rs 200
Rs 150
Rs 25 per statement
Free on Personal
Internet Banking
CREDIT CARDS
Annual fee
Card replacement fee for lost card
Courrier fee for cards sent abroad
Cash advance fee
Late payment fees
Overlimit fees
Statement Request fee
2
SERVICES
Personal Banking
AssetVantage
FREE
FREE
FREE
FREE
Rs 100
Rs 200
Rs 400
Rs 250 (per cheque)
Rs 200
Rs 200
Rs 125
FREE
FREE
FREE
Rs 250 (per cheque)
Rs 150
Rs 200
Rs 125
Rs 10
Rs 25
Rs 100
Rs 10
Rs 100
FREE
FREE
Rs 100
FREE
Rs 100
Personal Internet Banking (PIB)
PIB Service
PIB Security Token
Cheques
Cheque Book
 25 leaves
 50 leaves
 100 leaves
Cheque return outward - Applied only in case of insufficient funds
Office cheque issuance
Special Clearance - Applicable for amount Rs 200,000 and above only
Stop payment instructions
Standing Instructions/Direct Debit
Standing Instruction:
 Internal transfer
 Transfer to other banks
Unpaid standing instruction due to lack of funds
Direct Debit
Unpaid Direct Debit due to lack of funds
International Services
International Group Encashment
Overseas account opening
 Personal account
 Student account
USD 20
USD 200
USD 100
Other Services
Duplicate statement of account
 Requested by registered PIB customers
 Requested by non-registered PIB customers
Duplicate of archived documents
Certificate of balance
Letter of reference
FREE
FREE
Rs 150 per statement
Rs 100 per statement
Search fee of Rs 100 + Rs 15 per page
Rs 300
Rs 300
Rs 300
Rs 300
On internet
Demand
Draft
banking
Demand draft issuance
Rs250 ; Maximum amount of USD10,000
(Or foreign currency equivalent)
Additional charge for demand draft issued in Singapore Dollar,
Swiss Franc, Australian Dollar
Demand draft stop payment request
Clearing of foreign cheques
Rs 150
Rs 300
Rs 150 per cheque + overseas bank charges if any
TRANSFERS
SAFE
DEPOSIT LOCKERS
Key deposit
Breakage fee
Annual rental price*
 Type A - 48cm x 41cm x 40cm
 Type B - 48cm x 41cm x 19cm
 Type C - 48cm x 19cm x 19cm
 Type D - 48cm x 19cm x 9cm
Equivalent to 1 year’s rental
(Fee is refundable upon surrender of key,
and forfeited upon loss of key)
Rs 6,000
Rs 7,475 (Rs 6,500 + VAT)
Rs 5,980 (Rs 5,200 + VAT)
Rs 4,485 (Rs 3,900 + VAT)
Rs 3,450 (Rs 3,000 + VAT)
*Not on offer as new from 1 June 2016
TRANSFERS
Inward Telegraphic Transfer
Rs 150
Over the counter
Internet Banking
Outward (MACSS) - Local currency (MUR)
Rs 100
Outward Telegraphic Transfer - Foreign currency (FCY)
Rs 400*
Rs 75
Rs 250
* Overseas charges, if any, will be applicable at costs.
Note: A USD 30 charge is applicable whenever remitter wishes beneficiary to receive full amount transferred (for USD transfers only).
3
LOANS AND ADVANCES
TRANSFERS
All fees and charges applicable on loan facilities are fully disclosed in loan documents
Over Lending
Base
the counter
Rate (BLR)
Check our website for latest rates
rates.
OverRepo
Base
Key
Lending
the counter
RateRate
(KRR)
Check
As
per our
Bank
website
of Mauritius
for latest
KRRrates.
Loans
Handling fees
 Loans secured by property (Home Loan, Education Loan, Personal
Loan)

Loans not secured by property (Personal Loan, Car Loan)
Disbursement fee
1% of loan amount
(Minimum Rs 20,000, maximum Rs 100,000)
 AssetVantage: 20% discount on handling fees
(Minimum Rs 20,000)
 1% of loan amount
(Minimum Rs 2,000, maximum Rs 10,000)
 AssetVantage: 20% discount on handling fees
(Minimum Rs 2,000)

Registration fee
Rs3,000 (as from second disbursement - applicable for
loans secured by property)
As levied by Registrar Office / National Transport
Authority
Erasure fees
Early redemption fee
Rescheduling
As levied by Registrar Office
As per facility offer letter
1% of loan amount (minimum Rs 1,000)
Overdraft
Handling fee
Increases
Unauthorised overdraft
1% of facility (minimum Rs 1,000)
 Rs 1,000
 AssetVantage: 10% discount
Penalty interest of 2% above overdraft pricing
Guarantee*
Other guarantees
2% p.a. (Minimum Rs 600, maximum Rs 2,000)
Amendment fee
Rs 500
*Not on offer as new from 1 August 2016
4