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Prescribed fees

International Banking (Fees) Regulations, reg. 2 · Revised Edition 2020

The following fees are hereby prescribed for international banksA. INITIAL LICENCE FEE Unrestricted “A” Class ...................... - US$20,000.00 Restricted “B” Class .......................... - US$15,000.00 B. ANNUAL LICENCE FEE Unrestricted “A” Class International Banking 7 Total Assets (USS) Total assets as reported in the Annual Licence previous financial year's audited financial statements Fee (USS) <$30,000,000.00 $20,000.00 >$30,000,000.00 - $25,000.00 $100,000,000.00 >$100,000,000.00 or above $40,000.00 Restricted “B” Class .......................... - US$20,000.00 C. APPLICATION FEE ......................... - US$2,500.00 (for both “A*1 Class and ................... (non-refundable) “B” Class licences).
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