Chequing accounts
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Monthly maintenance fee (BMD, USD) |
$12 per month |
$12 per month |
No charge |
No charge |
| Cheque processing |
$1.75 per cheque |
$1.75 per cheque |
$1.75 per cheque |
10 free cheques per month, $0.50 per cheques thereafter |
| Cheque book mailing |
$10 per order (100 cheques) |
$10 per order (100 cheques) |
$10 per order (100 cheques) |
$10 per order (100 cheques) |
| Unauthorised overdraft1 |
$20 per item |
$20 per item |
$20 per item |
$20 per item |
| Inward dishonour fee for returned cheques |
$25 per item |
$25 per item |
$25 per item |
$25 per item |
| Cheque image copy |
$2.50 per cheque |
$2.50 per cheque |
$2.50 per cheque |
$2.50 per cheque |
| Account type |
Monthly maintenance fee (BMD, USD) |
|---|---|
| Personal |
$12 per month |
| Advance |
$12 per month |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Cheque processing |
| Personal |
$1.75 per cheque |
| Advance |
$1.75 per cheque |
| Premier |
$1.75 per cheque |
| Seniors |
10 free cheques per month, $0.50 per cheques thereafter |
| Account type |
Cheque book mailing |
| Personal |
$10 per order (100 cheques) |
| Advance |
$10 per order (100 cheques) |
| Premier |
$10 per order (100 cheques) |
| Seniors |
$10 per order (100 cheques) |
| Account type |
Unauthorised overdraft1 |
| Personal |
$20 per item |
| Advance |
$20 per item |
| Premier |
$20 per item |
| Seniors |
$20 per item |
| Account type |
Inward dishonour fee for returned cheques |
| Personal |
$25 per item |
| Advance |
$25 per item |
| Premier |
$25 per item |
| Seniors |
$25 per item |
| Account type |
Cheque image copy |
| Personal |
$2.50 per cheque |
| Advance |
$2.50 per cheque |
| Premier |
$2.50 per cheque |
| Seniors |
$2.50 per cheque |
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Monthly maintenance fee (BMD, USD) | $5 per month |
$5 per month |
No charge |
No charge |
| Unauthorised overdraft1 |
$20 per item |
$20 per item |
$20 per item |
$20 per item |
| Account type | Monthly maintenance fee (BMD, USD) |
|---|---|
| Personal |
$5 per month |
| Advance |
$5 per month |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Unauthorised overdraft1 |
| Personal |
$20 per item |
| Advance |
$20 per item |
| Premier |
$20 per item |
| Seniors |
$20 per item |
1This fee change will be limited to a maximum $60 charge within a calendar month.
Account services
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Audit confirmation |
$50 |
$50 |
$50 |
$50 |
| Bank reference |
$45 |
$35 |
$25 |
$25 |
| Courier |
$60 |
$60 |
$60 |
$60 |
| Research | $50 per hour |
$50 per hour |
$50 per hour |
$50 per hour |
| Statement reprints |
$10 per statement |
$10 per statement |
$10 per statement |
$10 per statement |
| Advance orders same day pickup |
$5 |
$5 |
$5 |
$5 |
| Advance orders: USD cash orders less than $5,0001 |
No charge |
No charge |
No charge |
No charge |
| Advance orders: USD cash orders more than $5,0001 |
0.5% fee amount in excess of $5000 |
0.5% fee amount in excess of $5000 |
0.5% fee amount in excess of $5000 |
0.5% fee amount in excess of $5000 |
| Paper statement fee |
$5 per statement |
$5 per statement |
$5 per statement |
No charge |
| Account type |
Audit confirmation |
|---|---|
| Personal |
$50 |
| Advance |
$50 |
| Premier |
$50 |
| Seniors |
$50 |
| Account type |
Bank reference |
| Personal |
$45 |
| Advance |
$35 |
| Premier |
$25 |
| Seniors |
$25 |
| Account type |
Courier |
| Personal |
$60 |
| Advance |
$60 |
| Premier |
$60 |
| Seniors |
$60 |
| Account type | Research |
| Personal |
$50 per hour |
| Advance |
$50 per hour |
| Premier |
$50 per hour |
| Seniors |
$50 per hour |
| Account type |
Statement reprints |
| Personal |
$10 per statement |
| Advance |
$10 per statement |
| Premier |
$10 per statement |
| Seniors |
$10 per statement |
| Account type |
Advance orders same day pickup |
| Personal |
$5 |
| Advance |
$5 |
| Premier |
$5 |
| Seniors |
$5 |
| Account type |
Advance orders: USD cash orders less than $5,0001 |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Advance orders: USD cash orders more than $5,0001 |
| Personal |
0.5% fee amount in excess of $5000 |
| Advance |
0.5% fee amount in excess of $5000 |
| Premier |
0.5% fee amount in excess of $5000 |
| Seniors |
0.5% fee amount in excess of $5000 |
| Account type |
Paper statement fee |
| Personal |
$5 per statement |
| Advance |
$5 per statement |
| Premier |
$5 per statement |
| Seniors |
No charge |
1Plus applicable transaction or service fees.
Cheque cashing for non-HSBC customers
There is a fee of $35 per item for cash chequing if you're not a HSBC customer. You can avoid this fee if you open an account with us.
Debit and credit cards
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Debit card annual fee |
No charge |
No charge |
No charge |
No charge |
| HSBC Premier BermudaCard with Mastercard annual fee |
N/A |
N/A |
No charge | N/A |
| BermudaCard with Mastercard annual fee |
$60 |
$60 |
$60 |
$60 |
| HSBC Premier Mastercard Black card annual fee |
N/A |
N/A |
$350⁴ |
N/A |
| HSBC Premier Mastercard annual fee |
N/A |
N/A |
No charge |
N/A |
| Visa Classic annual fee |
$85 |
$85 |
$85 |
$85 |
| HSBC Advance Mastercard annual fee |
N/A |
$75 |
N/A |
N/A |
| Visa Gold annual fee |
$100 |
$100 |
$100 |
$100 |
| HSBC Premier Mastercard Black card interest rate | N/A |
N/A |
19.95% | N/A |
| HSBC Premier BermudaCard with Mastercard interest rate |
N/A |
N/A |
19.95% |
N/A |
| BermudaCard with Mastercard interest rate |
19.95% |
19.95% |
19.95% |
19.95% |
| Visa Classic interest rate |
19.95% |
19.95% |
19.95% |
19.95% |
| Visa Gold interest rate |
19.95% |
19.95% |
19.95% |
19.95% |
| HSBC Premier Mastercard interest rate |
N/A |
N/A |
19.95% |
N/A |
| HSBC Advance Mastercard interest rate |
N/A |
19.95% |
N/A |
N/A |
| BermudaCard with Mastercard supplementary card |
$30 |
$30 |
$30 |
$30 |
| Visa Classic supplementary card |
$40 |
$40 |
$40 |
$40 |
| Visa Gold supplementary card |
$70 |
$70 |
$70 |
$70 |
| HSBC Premier Mastercard Black card supplementary card |
N/A |
N/A |
$175⁴ |
N/A |
| HSBC Premier Mastercard supplementary card |
N/A |
N/A |
No charge |
N/A |
| HSBC Premier BermudaCard with Mastercard supplementary card |
N/A |
N/A |
No charge |
N/A |
| HSBC Advance Mastercard supplementary card |
N/A | $40 | N/A | N/A |
| Credit card cash advance |
2.50% of cash advance (min $2.50) |
2.50% of cash advance (min $2.50) |
2.50% of cash advance (min $2.50) |
2.50% of cash advance (min $2.50) |
| Credit card replacement fee1 |
No charge |
No charge |
No charge |
No charge |
| Debit card replacement fee |
No charge |
No charge |
No charge |
No charge |
| Debit card cash withdrawals from non-HSBC Bermuda ATMs |
2.5% of cash withdrawal, (min $3.50) |
2.5% of cash withdrawal, (min $3.50) |
2.5% of cash withdrawal, (min $3.50) |
2.5% of cash withdrawal, (min $3.50) |
| Copy of sales slip |
$15 |
$15 |
$15 |
$15 |
| Credit limit increase |
No charge |
No charge |
No charge |
No charge |
| Late payment |
$50 |
$50 |
$50 |
$50 |
| Overlimit fee2 |
$40 |
$40 |
No charge |
$40 |
| Research |
$50 per hour |
$50 per hour |
$50 per hour |
$50 per hour |
| Statement reprints |
$10 per statement |
$10 per statement |
$10 per statement |
$10 per statement |
| Debit and credit card international transaction fee3 |
0.6% |
0.6% |
0.6% |
0.6% |
| Rush card order |
$35 per card |
$35 per card |
$35 per card |
$35 per card |
| Lost or stolen debit card fraud deductible |
$50 per card |
$50 per card |
$50 per card |
$50 per card |
| Lost or stolen credit card fraud deductible |
$100 per card |
$100 per card |
$100 per card |
$100 per card |
| Account type |
Debit card annual fee |
|---|---|
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
HSBC Premier BermudaCard with Mastercard annual fee |
| Personal |
N/A |
| Advance |
N/A |
| Premier | No charge |
| Seniors |
N/A |
| Account type |
BermudaCard with Mastercard annual fee |
| Personal |
$60 |
| Advance |
$60 |
| Premier |
$60 |
| Seniors |
$60 |
| Account type |
HSBC Premier Mastercard Black card annual fee |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
$350⁴ |
| Seniors |
N/A |
| Account type |
HSBC Premier Mastercard annual fee |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
No charge |
| Seniors |
N/A |
| Account type |
Visa Classic annual fee |
| Personal |
$85 |
| Advance |
$85 |
| Premier |
$85 |
| Seniors |
$85 |
| Account type |
HSBC Advance Mastercard annual fee |
| Personal |
N/A |
| Advance |
$75 |
| Premier |
N/A |
| Seniors |
N/A |
| Account type |
Visa Gold annual fee |
| Personal |
$100 |
| Advance |
$100 |
| Premier |
$100 |
| Seniors |
$100 |
| Account type | HSBC Premier Mastercard Black card interest rate |
| Personal |
N/A |
| Advance |
N/A |
| Premier | 19.95% |
| Seniors |
N/A |
| Account type |
HSBC Premier BermudaCard with Mastercard interest rate |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
19.95% |
| Seniors |
N/A |
| Account type |
BermudaCard with Mastercard interest rate |
| Personal |
19.95% |
| Advance |
19.95% |
| Premier |
19.95% |
| Seniors |
19.95% |
| Account type |
Visa Classic interest rate |
| Personal |
19.95% |
| Advance |
19.95% |
| Premier |
19.95% |
| Seniors |
19.95% |
| Account type |
Visa Gold interest rate |
| Personal |
19.95% |
| Advance |
19.95% |
| Premier |
19.95% |
| Seniors |
19.95% |
| Account type |
HSBC Premier Mastercard interest rate |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
19.95% |
| Seniors |
N/A |
| Account type |
HSBC Advance Mastercard interest rate |
| Personal |
N/A |
| Advance |
19.95% |
| Premier |
N/A |
| Seniors |
N/A |
| Account type |
BermudaCard with Mastercard supplementary card |
| Personal |
$30 |
| Advance |
$30 |
| Premier |
$30 |
| Seniors |
$30 |
| Account type |
Visa Classic supplementary card |
| Personal |
$40 |
| Advance |
$40 |
| Premier |
$40 |
| Seniors |
$40 |
| Account type |
Visa Gold supplementary card |
| Personal |
$70 |
| Advance |
$70 |
| Premier |
$70 |
| Seniors |
$70 |
| Account type |
HSBC Premier Mastercard Black card supplementary card |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
$175⁴ |
| Seniors |
N/A |
| Account type |
HSBC Premier Mastercard supplementary card |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
No charge |
| Seniors |
N/A |
| Account type |
HSBC Premier BermudaCard with Mastercard supplementary card |
| Personal |
N/A |
| Advance |
N/A |
| Premier |
No charge |
| Seniors |
N/A |
| Account type |
HSBC Advance Mastercard supplementary card |
| Personal | N/A |
| Advance | $40 |
| Premier | N/A |
| Seniors |
N/A |
| Account type |
Credit card cash advance |
| Personal |
2.50% of cash advance (min $2.50) |
| Advance |
2.50% of cash advance (min $2.50) |
| Premier |
2.50% of cash advance (min $2.50) |
| Seniors |
2.50% of cash advance (min $2.50) |
| Account type |
Credit card replacement fee1 |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Debit card replacement fee |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Debit card cash withdrawals from non-HSBC Bermuda ATMs |
| Personal |
2.5% of cash withdrawal, (min $3.50) |
| Advance |
2.5% of cash withdrawal, (min $3.50) |
| Premier |
2.5% of cash withdrawal, (min $3.50) |
| Seniors |
2.5% of cash withdrawal, (min $3.50) |
| Account type |
Copy of sales slip |
| Personal |
$15 |
| Advance |
$15 |
| Premier |
$15 |
| Seniors |
$15 |
| Account type |
Credit limit increase |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Late payment |
| Personal |
$50 |
| Advance |
$50 |
| Premier |
$50 |
| Seniors |
$50 |
| Account type |
Overlimit fee2 |
| Personal |
$40 |
| Advance |
$40 |
| Premier |
No charge |
| Seniors |
$40 |
| Account type |
Research |
| Personal |
$50 per hour |
| Advance |
$50 per hour |
| Premier |
$50 per hour |
| Seniors |
$50 per hour |
| Account type |
Statement reprints |
| Personal |
$10 per statement |
| Advance |
$10 per statement |
| Premier |
$10 per statement |
| Seniors |
$10 per statement |
| Account type |
Debit and credit card international transaction fee3 |
| Personal |
0.6% |
| Advance |
0.6% |
| Premier |
0.6% |
| Seniors |
0.6% |
| Account type |
Rush card order |
| Personal |
$35 per card |
| Advance |
$35 per card |
| Premier |
$35 per card |
| Seniors |
$35 per card |
| Account type |
Lost or stolen debit card fraud deductible |
| Personal |
$50 per card |
| Advance |
$50 per card |
| Premier |
$50 per card |
| Seniors |
$50 per card |
| Account type |
Lost or stolen credit card fraud deductible |
| Personal |
$100 per card |
| Advance |
$100 per card |
| Premier |
$100 per card |
| Seniors |
$100 per card |
1Effective 18 November 2017.
2Limited to a maximum $40 charge within a calendar month.
3Applied to each international purchase transaction conducted outside of Bermuda.
4Fee waived as long as you maintain $1Mil (or foreign currency equivalent) in deposits or investments with HSBC Bermuda or if you spend $100K annually.
Safe deposit boxes
| Box type |
Annual fee |
|---|---|
| 1 | $53.50 |
| 2 | $80.50 |
| 3 | $134 |
| 4 | $134 |
| 5 | $255 |
| 6 | $281.50 |
| 7 | $281.50 |
| 8 | $456 |
| 9 | $536.25 |
| 10 | $603 |
| Lock and key replacement fee |
$120 |
| Lost key replacement fee | $20 |
| Box break fee | $120 |
| Box type |
1 |
|---|---|
| Annual fee |
$53.50 |
| Box type |
2 |
| Annual fee | $80.50 |
| Box type |
3 |
| Annual fee |
$134 |
| Box type |
4 |
| Annual fee |
$134 |
| Box type |
5 |
| Annual fee |
$255 |
| Box type |
6 |
| Annual fee |
$281.50 |
| Box type |
7 |
| Annual fee |
$281.50 |
| Box type |
8 |
| Annual fee |
$456 |
| Box type |
9 |
| Annual fee |
$536.25 |
| Box type |
10 |
| Annual fee |
$603 |
| Box type |
Lock and key replacement fee |
| Annual fee |
$120 |
| Box type |
Lost key replacement fee |
| Annual fee |
$20 |
| Box type |
Box break fee |
| Annual fee | $120 |
Local payments
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Cashier's cheques ordered via personal online banking |
$10 |
$10 |
$10 |
$10 |
| Cashier's cheques ordered manually |
$100 |
$100 |
$100 |
$15 |
| Internal HSBC Bermuda transfer via personal online banking |
No charge | No charge |
No charge |
No charge |
| Internal HSBC Bermuda transfer ordered manually |
No charge |
No charge |
No charge |
No charge |
| Payment to other local bank via personal online banking |
No charge |
No charge |
No charge |
No charge |
| Payment to other local bank ordered manually |
$50 |
$50 |
$50 |
$50 |
| Account type |
Cashier's cheques ordered via personal online banking |
|---|---|
| Personal |
$10 |
| Advance |
$10 |
| Premier |
$10 |
| Seniors |
$10 |
| Account type |
Cashier's cheques ordered manually |
| Personal |
$100 |
| Advance |
$100 |
| Premier |
$100 |
| Seniors |
$15 |
| Account type |
Internal HSBC Bermuda transfer via personal online banking |
| Personal | No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Internal HSBC Bermuda transfer ordered manually |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Payment to other local bank via personal online banking |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Payment to other local bank ordered manually |
| Personal |
$50 |
| Advance |
$50 |
| Premier |
$50 |
| Seniors |
$50 |
Overseas payments
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Drafts ordered via personal online banking |
$15 |
$15 |
$15 |
$15 |
| Drafts ordered manually |
$125 |
$125 |
$125 |
$25 |
| Outgoing wire via personal online banking |
$15 |
$15 |
$15 |
$15 |
| Outgoing wire ordered manually on bank stationery |
$125 |
$125 |
$125 |
$40 |
| Outgoing wire ordered manually on non-bank stationery |
$125 |
$125 |
$125 |
$40 |
| International incoming wire |
$6 |
$6 |
$6 |
$6 |
| Global Transfer (Wire transfer to overseas HSBC office) |
N/A |
$7 |
No charge | N/A |
| Stop payment (International draft) |
$20 per item |
$20 per item |
$20 per item |
$20 per item |
| Account type |
Drafts ordered via personal online banking |
|---|---|
| Personal |
$15 |
| Advance |
$15 |
| Premier |
$15 |
| Seniors |
$15 |
| Account type |
Drafts ordered manually |
| Personal |
$125 |
| Advance |
$125 |
| Premier |
$125 |
| Seniors |
$25 |
| Account type |
Outgoing wire via personal online banking |
| Personal |
$15 |
| Advance |
$15 |
| Premier |
$15 |
| Seniors |
$15 |
| Account type |
Outgoing wire ordered manually on bank stationery |
| Personal |
$125 |
| Advance |
$125 |
| Premier |
$125 |
| Seniors |
$40 |
| Account type |
Outgoing wire ordered manually on non-bank stationery |
| Personal |
$125 |
| Advance |
$125 |
| Premier |
$125 |
| Seniors |
$40 |
| Account type |
International incoming wire |
| Personal |
$6 |
| Advance |
$6 |
| Premier |
$6 |
| Seniors |
$6 |
| Account type |
Global Transfer (Wire transfer to overseas HSBC office) |
| Personal |
N/A |
| Advance |
$7 |
| Premier | No charge |
| Seniors |
N/A |
| Account type |
Stop payment (International draft) |
| Personal |
$20 per item |
| Advance |
$20 per item |
| Premier |
$20 per item |
| Seniors |
$20 per item |
Foreign cheques
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Cheques purchased (at the discretion of HSBC) |
0.3% or $20 per item1 |
0.3% or $20 per item1 |
0.3% or $20 per item1 |
0.3% or $20 per item1 |
| Cheques sent for collection or deferral |
$20 |
$20 |
$20 |
$20 |
| Account type |
Cheques purchased (at the discretion of HSBC) |
|---|---|
| Personal |
0.3% or $20 per item1 |
| Advance |
0.3% or $20 per item1 |
| Premier |
0.3% or $20 per item1 |
| Seniors |
0.3% or $20 per item1 |
| Account type |
Cheques sent for collection or deferral |
| Personal |
$20 |
| Advance |
$20 |
| Premier |
$20 |
| Seniors |
$20 |
1Whichever is greater.
Standing instructions
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Manual set up |
$7 |
$7 |
$7 |
$7 |
| Personal online banking set up |
No charge |
No charge |
No charge |
No charge |
| Amendment |
$7 |
$7 |
$7 |
$7 |
| Transfer within HSBC Bermuda |
No charge |
No charge |
No charge |
No charge |
| Transfer to other Bermuda financial institution |
$2.50 |
$2.50 |
$2.50 |
$2.50 |
| Local mail payment |
$13 |
$13 |
$13 |
$13 |
| Foreign mail payment |
$16 |
$16 |
$16 |
$16 |
| International wire payment |
$35 |
$35 |
$35 |
$35 |
| Warning advice (due to insufficient funds after 3 attempts) |
$5 |
$5 |
$5 |
$5 |
| Warning advice |
$5 |
$5 |
$5 |
$5 |
| Account type |
Manual set up |
|---|---|
| Personal |
$7 |
| Advance |
$7 |
| Premier |
$7 |
| Seniors |
$7 |
| Account type |
Personal online banking set up |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Amendment |
| Personal |
$7 |
| Advance |
$7 |
| Premier |
$7 |
| Seniors |
$7 |
| Account type |
Transfer within HSBC Bermuda |
| Personal |
No charge |
| Advance |
No charge |
| Premier |
No charge |
| Seniors |
No charge |
| Account type |
Transfer to other Bermuda financial institution |
| Personal |
$2.50 |
| Advance |
$2.50 |
| Premier |
$2.50 |
| Seniors |
$2.50 |
| Account type |
Local mail payment |
| Personal |
$13 |
| Advance |
$13 |
| Premier |
$13 |
| Seniors |
$13 |
| Account type |
Foreign mail payment |
| Personal |
$16 |
| Advance |
$16 |
| Premier |
$16 |
| Seniors |
$16 |
| Account type |
International wire payment |
| Personal |
$35 |
| Advance |
$35 |
| Premier |
$35 |
| Seniors |
$35 |
| Account type |
Warning advice (due to insufficient funds after 3 attempts) |
| Personal |
$5 |
| Advance |
$5 |
| Premier |
$5 |
| Seniors |
$5 |
| Account type |
Warning advice |
| Personal |
$5 |
| Advance |
$5 |
| Premier |
$5 |
| Seniors |
$5 |
Lending fees
Fees for lending
*When taking a Mortgage you will also incur costs for an Appraisal and Legal Fee’s. These will vary depending on the amount borrowed, value of the property and the firm you select to carry out the appraisal or Legal work on your behalf.
| Account type | Maximum term |
Personal | Advance | Premier | Seniors |
|---|---|---|---|---|---|
| Home Equity Loan negotiation fee |
30 years |
1% or $200 minimum |
0.90% or $150 minimum |
0.80% or $150 minimum |
1% or $150 minimum |
| Personal Loan - secured negotiation fee |
5 years | 1% or $200 minimum |
0.90% or $200 minimum |
0.80% or $200 minimum |
1% or $200 minimum |
| Personal Loan - unsecured negotiation fee |
5 years |
1% or $200 minimum |
0.90% or $200 minimum |
0.80% or $200 minimum |
1% or $200 minimum |
| Overdrafts |
3 years | $25 per quarter under $10k. 0.25% per quarter over $10k |
$25 per quarter under $10k. 0.25% per quarter over $10k |
$25 per quarter under $10k. 0.25% per quarter over $10k |
$25 per quarter under $10k. 0.25% per quarter over $10k |
| Overdraft negotiation fee |
N/A | 1% | 0.90% |
0.80% |
1% |
| Education Loan - secured negotiation fee |
5 years | 1% |
0.90% |
0.80% |
1% |
| Education Loans -unsecured negotiation fee |
5 years |
1% |
0.90% |
0.80% |
1% |
| Green Loan - negotiation fee |
7 years |
1% or $200 minimum |
0.90% or $200 minimum |
0.80% or $200 minimum |
1% or $200 minimum |
| Mortgage negotiation fee | N/A | 1% |
0.90% |
0.80% |
1% |
| Personal line of credit negotiation fee | N/A |
1% |
0.90% |
0.80% |
1% |
| Certified copy of deed of conveyance | N/A |
$25 |
$25 |
$25 |
$25 |
| Non-certified copy of deed of conveyance |
N/A |
$15 |
$15 |
$15 |
$15 |
| Copy of deed site plan/schedule | N/A | $10 |
$10 |
$10 |
$10 |
| Account type |
Home Equity Loan negotiation fee |
|---|---|
| Maximum term |
30 years |
| Personal |
1% or $200 minimum |
| Advance |
0.90% or $150 minimum |
| Premier |
0.80% or $150 minimum |
| Seniors |
1% or $150 minimum |
| Account type |
Personal Loan - secured negotiation fee |
| Maximum term |
5 years |
| Personal |
1% or $200 minimum |
| Advance |
0.90% or $200 minimum |
| Premier |
0.80% or $200 minimum |
| Seniors |
1% or $200 minimum |
| Account type |
Personal Loan - unsecured negotiation fee |
| Maximum term |
5 years |
| Personal |
1% or $200 minimum |
| Advance |
0.90% or $200 minimum |
| Premier |
0.80% or $200 minimum |
| Seniors |
1% or $200 minimum |
| Account type |
Overdrafts |
| Maximum term |
3 years |
| Personal |
$25 per quarter under $10k. 0.25% per quarter over $10k |
| Advance |
$25 per quarter under $10k. 0.25% per quarter over $10k |
| Premier |
$25 per quarter under $10k. 0.25% per quarter over $10k |
| Seniors |
$25 per quarter under $10k. 0.25% per quarter over $10k |
| Account type |
Overdraft negotiation fee |
| Maximum term |
N/A |
| Personal | 1% |
| Advance |
0.90% |
| Premier |
0.80% |
| Seniors |
1% |
| Account type |
Education Loan - secured negotiation fee |
| Maximum term |
5 years |
| Personal |
1% |
| Advance |
0.90% |
| Premier |
0.80% |
| Seniors |
1% |
| Account type |
Education Loans -unsecured negotiation fee |
| Maximum term |
5 years |
| Personal |
1% |
| Advance |
0.90% |
| Premier |
0.80% |
| Seniors |
1% |
| Account type |
Green Loan - negotiation fee |
| Maximum term |
7 years |
| Personal |
1% or $200 minimum |
| Advance |
0.90% or $200 minimum |
| Premier |
0.80% or $200 minimum |
| Seniors |
1% or $200 minimum |
| Account type | Mortgage negotiation fee |
| Maximum term |
N/A |
| Personal |
1% |
| Advance |
0.90% |
| Premier |
0.80% |
| Seniors |
1% |
| Account type | Personal line of credit negotiation fee |
| Maximum term |
N/A |
| Personal |
1% |
| Advance |
0.90% |
| Premier |
0.80% |
| Seniors |
1% |
| Account type | Certified copy of deed of conveyance |
| Maximum term |
N/A |
| Personal |
$25 |
| Advance |
$25 |
| Premier |
$25 |
| Seniors |
$25 |
| Account type |
Non-certified copy of deed of conveyance |
| Maximum term |
N/A |
| Personal |
$15 |
| Advance |
$15 |
| Premier |
$15 |
| Seniors |
$15 |
| Account type | Copy of deed site plan/schedule |
| Maximum term |
N/A |
| Personal |
$10 |
| Advance |
$10 |
| Premier |
$10 |
| Seniors |
$10 |
Investments
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Custody and safekeeping local shares |
$25 per quarter for local shares |
$25 per quarter for local shares |
$25 per quarter for local shares |
$25 per quarter for local shares |
| Execution fees local trading up to $50k |
1% of trade (min $75) |
1% of trade (min $75) |
1% of trade (min $75) |
1% of trade (min $75) |
| Execution fees local trading $50k - $100k |
0.75% of trade |
0.75% of trade |
0.75% of trade |
0.75% of trade |
| Execution fees local trading over $100k |
0.50% of trade |
0.50% of trade |
0.50% of trade |
0.50% of trade |
| Handling fee | $25.00 per trade |
$25.00 per trade |
$25.00 per trade |
$25.00 per trade |
| BSX fee |
0.125% on each transaction (min $1.25) |
0.125% on each transaction (min $1.25) |
0.125% on each transaction (min $1.25) |
0.125% on each transaction (min $1.25) |
| Account type |
Custody and safekeeping local shares |
|---|---|
| Personal |
$25 per quarter for local shares |
| Advance |
$25 per quarter for local shares |
| Premier |
$25 per quarter for local shares |
| Seniors |
$25 per quarter for local shares |
| Account type |
Execution fees local trading up to $50k |
| Personal |
1% of trade (min $75) |
| Advance |
1% of trade (min $75) |
| Premier |
1% of trade (min $75) |
| Seniors |
1% of trade (min $75) |
| Account type |
Execution fees local trading $50k - $100k |
| Personal |
0.75% of trade |
| Advance |
0.75% of trade |
| Premier |
0.75% of trade |
| Seniors |
0.75% of trade |
| Account type |
Execution fees local trading over $100k |
| Personal |
0.50% of trade |
| Advance |
0.50% of trade |
| Premier |
0.50% of trade |
| Seniors |
0.50% of trade |
| Account type | Handling fee |
| Personal |
$25.00 per trade |
| Advance |
$25.00 per trade |
| Premier |
$25.00 per trade |
| Seniors |
$25.00 per trade |
| Account type |
BSX fee |
| Personal |
0.125% on each transaction (min $1.25) |
| Advance |
0.125% on each transaction (min $1.25) |
| Premier |
0.125% on each transaction (min $1.25) |
| Seniors |
0.125% on each transaction (min $1.25) |
Foreign currency purchase
| Account type | Personal | Advance | Premier | Seniors |
|---|---|---|---|---|
| Foreign currency purchased | 1.25% | 1.25% | 1.25% | 1.25% |
| Account type | Foreign currency purchased |
|---|---|
| Personal | 1.25% |
| Advance | 1.25% |
| Premier | 1.25% |
| Seniors | 1.25% |
For more information on FCPT please visit the Bermuda Government's Foreign Currency Tax website.
Disclosure
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.