Currency Maintenance Fee
Please note that a Currency Maintenance Fee of 0.5% per annum on account balances denominated in impacted foreign currencies will be charged with effect from 31 October 2017.*
The list of foreign currencies to which this Currency Maintenance Fee applies is subject to change from time to time. At the moment, the foreign currencies impacted are:
- CHF (Swiss Franc)
- DKK (Danish Krone)
- EUR (Euro)
- SEK (Swedish Krona)
- JPY (Japanese Yen)
Please refer to this website from time to time for the latest list of currencies to which this Currency Maintenance Fee applies.
This Currency Maintenance Fee is charged only if the average account balance is USD 1,000,000 (or its equivalent in the impacted foreign currency at such exchange rate to be determined at the Bank’s discretion) or above in the relevant quarter. It does not apply where the average account balance denominated in the impacted foreign currency at the end of a quarter is below USD 1,000,000 or equivalent. This fee is debited in arrears in the months of January, April, July and October of each year.
For further information, please do not hesitate to contact your Relationship Manager.
* Applicable only to account(s) with the Wealth Management business line of BNP Paribas at its Hong Kong SAR, China and Singapore branches.