Fees & Charges Guide
Service charges for Loans and Deposits with effect from 1 January 2020

CASH SERVICES
Description
Charges
Charge for Cash deposit/loan repayment
Free for first $25,000.00, additional $5.00 chargeable on every subsequent $5,000.00 or part thereof on amount above $25,000.00
Charge for Coin Deposit
Free for first 25 pieces of coins. $2.00 chargeable on every subsequent 100 pieces of coins or part thereof.
LOANS
Description
Charges
Unsuccessful Giro Deduction
$50.00
Returned Cheque
$50.00
Bank Charges
As charged + $10.00*
Bank Charges
As charged + $10.00*
Statement of Account
Free for current year
Statement of Account (Immediate Past Year)
Free for immediate past year for 1st request, 2nd request thereafter will be $50.00* per account
Statement of Account (Beyond Immediate Past Year)
$50.00* per account per year
Audit Confirmation
1st 10 accounts-$50.00* flat
11-20 accounts-$100.00* flat
20 accounts-$200.00* flat
Retrieval of loan related documents
1st 10 accounts-$50.00* flat
11-20 accounts-$100.00* flat
20 accounts-$200.00* flat
* subject to GST
DEPOSITS ACCOUNTS EXCEPT VIVID SAVINGS ACCOUNT
Description
Charges
Early Account Closure Fee
$15.00 (if account is closed within 6 months of opening)
Loss of Passbook
$10.00 per passbook
Statement of Account
Free for current & immediate past year
Statement of Account (past years)
$50.00 flat fee
Confirmation on Estate Account
$50.00 per account (capped at $200.00)
Audit Confirmation
$50.00 per account
Replacement of Cheque
$20.00* per cheque
Stop Cheque
$30.00* per cheque
* subject to GST
VIVID SAVING ACCOUNT
Description
Charges
Early Account Closure Fee
$25.00 (if account is closed within 6 months of opening)
Counter Transaction Fee
$3.00 per transaction (waived until further notice)
VIVID PREPAID MASTERCARD
Description
Charges
Early Card Termination Fee
$30.00 per card (if card is terminated within 6 months)
Card Replacement Fee
$20.00 per card
Transaction Investigation Fee
$30.00 per card
ATM PIN Reset
$5.00 per card
ATM Withdrawal Fee
Minimum 0.80% per withdrawal on withdrawn amount
Subject to additional network charges 1
ATM Decline Fee
$2.00 per withdrawal
ATM Balance Inquiry Fee
$2.00 per inquiry
Cross Border / Cross Currency / Issuer Forex Fee 2
3.00% on the transaction amount
1 SFL does not operate the ATM Network and therefore, usage is subjected to the ATM Network utilization charges.
2 Foreign exchange rate as determined by MasterCard
BUSINESS ACCOUNT
Description
Charges
Fall Below Fee
$35.00 per month (if the average daily balance 1 for the month falls below $2,000.00)
Monthly Account Fee
$5.00 per month
Early Account Closure Fee
$50.00 (if account is closed within 6 months of opening)
Cheque Book Issuance Fee
$5.00 per cheque book
Cheque Clearing Fee 2
$0.50 per cheque
Stop Cheque3
$30.00 per cheque
Cheque Image Retrieval
$50.00 per copy
Loss of Cheque Book
$50.00 per cheque book
Inward Returned Cheque
$30.00 per returned cheque due to insufficient funds
Statement of Account
Free for current & immediate past year
Statement of Account (past years)
$50.00 flat fee
Audit Confirmation
$50.00 per account
1 Average Daily Balance is calculated by adding total amount of daily balance in the account divided by total number of days in the month.
2 Cheque Clearing fee refers to fee charged on a cheque that has been issued and presented to the bank for clearing.
3 Stop Cheque refers to stop payment of cheque issued by Business Account Holders.