Premier Fee Schedule

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Services and maintenance fees

Membership has its privileges

As a Premier client, you'll receive all the banking services you need, in a way that suits you best. Premier benefits are available at no extra cost, if balance requirements are met.

Account fees

Account type	Maintenance fees
Savings accounts
Statement savings (BMD, USD, CAD, GBP, EUR)	No charge if average monthly balance of $100 is maintained, otherwise $2/month 5 free staff-assisted transactions/month, $2/transaction thereafter
Seniors’ statement savings (BMD, USD, CAD, GBP, EUR, AUD, DKK, JPY, NZD, NOK, SGD, CHF, SEK)	No charge if average monthly balance of $100 is maintained, otherwise $2/month 5 free staff-assisted transactions/month, $1/transaction thereafter

Account services

Account services
Audit confirmation	$50.00
Bank reference	No charge
Courier	$60.00
Local cheque special collection	$25.00
Safe deposit boxes	Range from $20 to $225/year Boxes available at St.George's, Church St., Harbourview centre, Compass point or Somerset branches
Research	$50/hour
Statement reprints	$10.00
Stop payment (cheque and to cashiers orders)	$15 (all currencies)
Stop payment (internation draft)	$20/item
Dormant account fee	$40/year
Unauthorised overdraft	$30/item

*Please see us about opening an account to avoid this fee

Call centre

Call centre
Service charges
Account transfers	No charge
Advanced orders: Cash orders in excess of $5,000 will incur 0.005% fee on the excess amount 24-hour pick up	No charge* (max. 5 items per order)
Advanced orders: Cash orders in excess of $5,000 will incur 0.005% fee on the excess amount 2-hour pick up	$5* (max. 5 items per order)
Balance inquiries	No charge

*plus applicable transaction/services fees

Debit/Credit Card services

Debit card annual fee	No charge
HSBC debit card annual fee	No charge
Copy of sales slip	$15.00
Courier	$35.00
Replacement cards	$20/card
Use of non-HSBC ATMs	2.5% of cash withdrawal, $2.50 min
Foreign debit card cash withdrawals	2.5% of cash withdrawal, $2.50 min (applied for withdrawal from any non-HSBC Bermuda ATM
Statement reprint	$10.00

Credit card fees		Interest rate
Visa classic annual fee	$40.00	18%
Visa gold annual fee	$70.00	18%
HSBC Premier mastercard®	No charge	18%
HSBC Premier BermudaCard with mastercard paypass	$30	9%
Supplemental visa classic card holder	$40.00
Supplemental visa gold card holder	$70.00	-
Supplemental HSBC premier mastercard holder	No Charge	-
Supplemental HSBC Bermudacard holder	No Charge	-

Miscellaneous fees
Cash advanced (applicable to credit cards only)	2.5% of advanced (min. $2.5)
Copy of sales slip	$15.00
Credit limit increase	No charge
Late payment	$35.00
Overlimit	$35/transaction
Card replacement	$35/card
Research	$35/hour
Rush card order	$35/card

Personal Chequing

Cheque charges
Maintenance fee	No Charge
Cheque processing	$1.50/Cheque
Chequebooks	$20/order (100 cheques)
Chequebook mailing	$10/order (100 cheques)
Inward dishonour fee for returned cheque	$20.00
Cheque image copy	$2.50/cheque

Internet services

Internet services (Personal Internet Banking)
Cashiers cheques	$10
Internal HSBC transfer	No charge
Payment to other local bank	No charge
Drafts	$15
Outgoing wire	$15.00
Standing instruction set up fee	No charge

Payment services

Local payments
Cashiers cheques ordered via personal internet banking	$10.00
Cashiers cheques ordered manually	$50.00
Internal HSBC Bermuda transfer	No charge
Payment to other local bank via personal internet banking	No charge
Payment to other local bank ordered manually	$50.00
Bill payment via personal internet banking	No charge
Bill payment manually	$20/bill

Overseas Payments
Drafts ordered via personal internet banking	$15.00
Drafts ordered on bank stationery	$75.00
Outgoing wire via personal internet banking	$15.00
Outgoing wire ordered manually on bank stationary	$75.00
Outgoing wire ordered manually on non-bank stationary	$100.00
International incoming wire	$6.00
Incoming money transfer	No charge
Wire transfer to overseas HSBC office	No charge

Traveller's cheques
0.5% of face value of cheques	$1 min.
Standing orders
Set up	$5.00
Set up in personal internet banking	No charge
Amendment	$5.00
Transfer within HSBC	No Charge
Transfer to other Bermuda financial institutions	$2.50
Local mail payment	$13.00
Foreign mail payment	$16.00
International wire payment	$35.00
Warning advice (due to insufficient funds after 3 attempts)	$5.00
Foreign cheques
Cheque purchased (at the discretion of HSBC)	0.3% or $20/item (whichever is greater)
Cheques sent for collection/deferral	$5/item

Investment Fees

Custody/Safekeeping
Up to $1 million	No Charge
$1 million to $5 million	No Charge
Over $5 million	No Charge
Execution fees (Trades)
Up to $50,000	75 bps
$50,000 to $100,000	50 bps
Over $100,000	50 bps
Minimum fee	$100.00

Mortgage Fees

Products
Mortgages - 10-30 years	0.8%

What you should know

Rates and fees are subject to change without notice.
Preferential rates may apply. Come and see us.

HSBC Premier - Opening a world of benefits

HSBC Premier customers are eligible for all of these services at no additional charge. For more information or if you are interested in opening an account in Bermuda or overseas, please:

Call us at +1 441 299 5252