Internet Banking

Seylan Service Charges


Last updated 02.01.2017
Description
Charge / Fee - LKR
1 CURRENT ACCOUNTS  
1.1 Monthly Service Charges (In lieu Minimum balance) - Personal Account Rs. 250.00
1.2 Monthly Service Charges (In lieu Minimum balance) - Other Account Rs. 500.00
1.3 Cheque book charges per leaf Rs. 15.00
1.4 Cheque return charges due to insufficient funds Rs. 3,000.00
1.5 Stop Payment Charges Rs. 3,000.00
2 SAVINGS ACCOUNTS  
2.1 Monthly Saving Charges (In lieu Minimum balance) Rs. 25.00
3 STANDING ORDERS  
3.1 Placement Fee Rs. 150.00
4 REMITTANCES  
4.1 Inward remittances to Sri Lanka Rupee account - minimum (via SWIFT) Rs. 300.00
4.2 Foreign Currency Drafts issuance customers for educational purpose Rs. 400.00
5 TRAVELLER'S CHEQUES  
5.1 Encashment of Traveler's cheques 0.25% minimum 500.00
6 DEBIT CARDS / INTERNET BANKING & SMS BANKING  
6.1 Debit (ATM) card issuance fee Gold / Platinum Rs 500.00, Seylfie Rs. 250.00, Others Rs. 200.00
6.2 Debit (ATM) card annual fee Rs. 300.00
6.3 Debit Card re- issue fee  Visa Classic / Master Domestic/International Rs. 200.00
    Visa Gold / Platinum  Rs. 500.00
    Visa Debit Seylfie Rs. 250.00
6.4 Pin re issue fee (for Visa Classic, Gold, Platinum) Rs. 100.00
6.5 Lost card replacement fee Gold / Platinum Rs 500.00, Seylfie Rs. 250.00, Others Rs. 200.00
6.6 ATM withdrawal fee - Seylan ATMs Rs. 5.00
6.7 ATM withdrawal fee - other bank ATMs Rs. 60.00
6.8 ATM withdrawal fee – Lanka pay ATMs Rs. 30.00
6.9 ATM withdrawal fee - Foreign Rs. 500.00
6.10 Balance inquiry fee - Seylan ATMs Free
6.11 Balance inquiry fee - other bank ATMs Rs. 50.00
6.12 Balance inquiry fee - Lanka pay ATMs Rs. 7.50
6.13 Balance inquiry fee – Foreign Rs. 50.00
6.14 Internet Banking Personal customers Rs. Free of charge
    Corporate customers First 03 users Rs. 1000/-, Additions Rs.250/- each
    Re-issue of PIN Rs. 150/- per change
6.15 SMS Banking Per Phone Free of charge
    Re Issue of PIN Rs. 150/- per change
7 CREDIT CARDS  
7.1 Credit card issuance fee (Gold) Rs. 1250.00
7.2 Credit card annual fee (Gold) Rs. 2500.00
7.3 Late Payment Charges Rs. 750.00
8 OTHERS  
8.1 SLIPS charges processed by diskette Rs. 25.00
8.2 SLIPS charges processed manually Rs. 50.00
8.3 CEFTS over the counter transactions Rs. 100.00
8.4 RTGs charges Rs. 1000.00
8.5 Facility documentation fee (loans/ ODs/ LCs etc) Cash backed facilities Rs.1000.00
    Other facilities 0.5% minimum Rs.2000/- & maximum Rs.200,000/-
    Renewal of facilities 50% of the above
8.6 Cheque Purchase Commission 0.5% minimum Rs.200.00
8.7 Bank Guarantees Full cash margin ( Int bearing) - 1% minimum Rs. 1000.00
Full cash margin ( Non int bearing) - Rs. 500.00
9 IMPORTS & EXPORTS  
9.1 Import LC opening Commission 0.3% First 3 Months min Rs.3000.00  
0.15% addl. month or part thereof
9.2 Acceptance Commission on Usance LC 0.375% per quarter min 4500.00  
0.15% addl. Month or part thereof    
9.3 Commission on import bills for collection Bank to Bank DP: 0.25% min 4000.00  
DA: 0.375% min 4000.00
Drawer to Bank DP:0.375% min 5000.00 
DA:0.5% min 5000.00
9.3 Shipping Guarantee (LC/Collection)

LC:0.3% for first 30 days - min 2500.00  
      0.2% per month thereof  

                         

Coll: 0.375% for first 30 days - min 5000.00 
     0.2% per month thereof

9.4 Delivery Orders (LC/Collection) Rs.2500.00
9.5 Export LC negotiations Charges sight (local) Sight Rs.3500.00 Usance Rs.4500.00
Negotiation Fee Rs. 5000.00 flat
9.6 Purchase of Export Bills Sight Rs.2500.00 Usance Rs.3500.00
9.7 Collection of Export bills 0.25% minimum Rs. 1,500.00
10 HOUSING LOAN CHARGES  
10.1 Processing Fee 0.5% of Loan Amount Minimum LKR 2,500/- to Maximum LKR 50,000/-
10.2 Mortgage Bond LKR 3,000,000/- to LKR10,000,000/- LKR 30,000/- + 0.5% to the balance Loan Value 
e.g. If Loan amount = LKR 5Mio Charges = LKR 30,000/- + (LKR 2Mio x 0.5%)
    Above LKR 10.00Mio LKR 65,000/- + 0.25% to the balance Loan Value 
         e.g If Loan amount = LKR 12Mio Charges = LKR 65,000/- + (LKR 2Mio x 0.25%)
    VAT Mortgage Charges x 12%
    Mortgage Bond Total = Mortgage Charges + VAT
10.3 Stamp Duty Purchase or Construction of a House - Below LKR 3,000,000/- No Charges
    Purchase or Construction of a House - Above LKR 3,000,000/- 0.1% of Loan Amount
    For Transfer deeds - Up to LKR 100,000/- 3.0% of Transfer deed value
    For Transfer deeds - Above LKR 100,000/- 4.0%of Transfer deed value
10.4 Insurance Policies Title Insurance Policy On evaluation requirement.
    Mortgage Policy Mandatory
    Fire Insurance At the time of purchasing a House *Completed Or Under Construction