Ace Development Bank

BANKING ON INNOVATION AND INTEGRITY

Find your nearest:
977 01 4441110
info@ace.com.np

Standard Tariff of Charges

Ace Development Bank Ltd.

S.No.  Particular New Charges 
1 Account Closure Charges  Nil
2 FCY Cash Deposit in FCY Account
2.1  (less than 50 denominition  0.50% (as per NRB ) 
2.2 FCY Cash  Purchase/Sale  Free
2.3 INR Cash sale Purchase  Free
3 Safe Deposit Locker 
3.1 All SDL Customer (except staff) are required to maintain a security deposit as per the offered locker 
  The security deposit is refundable at the time of closure of the locker   
3.2 Security Deposit/ Charges for lockers   
   
Locker
Type
Locker Size (inches) Security
Deposit     
Locker
Annual
Charge
Height Width Depth
A1 6 8 22 Rs 7000 Rs 2000
A2 6 8 22 Rs 7000 Rs 2000
B1 6 8 22 Rs 7000 Rs 2000 
B2 6 16 22 Rs 8000 Rs 4000
B3 12 16 22 Rs 10000 Rs 6000 
B4 12 8 22 Rs 8000 Rs 5000 
C1 11 21 22 Rs 10000 Rs 7500 
C2 11 21 22 Rs 10000 Rs 7500
D1 7 10 21.60 Rs 7000 Rs 3000
D2 7 20 21.60 Rs 8000 Rs 5000
D3 14 20 21.60 Rs 10000 Rs 7500
E1 6 8 22 Rs 7000 Rs 2000
E2 6 16 22 Rs 8000 Rs 4000
E3 12 16 22 Rs 10000 Rs 6000
E4 12 8 22 Rs 8000 Rs 4000
F1 11 21 22 Rs 10000 Rs 7500
G1 11 21 22 Rs 10000 Rs 7500
H1 7 10 21.6 Rs 7000 Rs 3000
H2 7 20 21.6 Rs 8000 Rs 5000
H3 14 20 21.6 Rs 10000 Rs 7500
I 11 21 22 Rs 10000 Rs 7500
 
3.3 Locker break charges due to loss of key or any other reason at end of the customer  Rs.4,000 or actual cost incured for replacing new lock whichever is higher.
3.4 Locker closure before expiry  or  requsting for change of existing locker  Flat Rs. 500
4  Cheque Book 
4.1 Cheque Book issuance (in same Branch)  Free
4.2 Cheque Book issuance (in other Branch )  NPR. 250.00 Flat
4.3 Uncollected cheque book destruction charges * NPR 250 Flat
4.4 New cheque book  issuance against lost cheque book  NPR 250.00 cheque book of upto 25 leaves NPR 350 for above 25 leaves 
Note:   *Cheque books are kept for collection up to 180 days and if not collected by then are to be destroyed and thereafter NPR 250.00 shall be charged to the Customer
5 Account statement and Ledger Fees 
5.1 Statement by courier  Rs. 250.00 flat 
5.2 Statement By fax  Rs. 50.00 per page with in nepal 
6 Duplicate Customer Dr/Cr Advice and Record Retrieval
6.1 with in six months of transaction  Free
6.2 Over six months to one year  Free
6.3 After One year up to 2 Years  Rs. 250.00 flat 
6.4 After Two Years  Rs. 500.00 flat 
7 FD pre-mature Liquidation charges 
7.1 Terminating the existing FD on the request of customer before the maturity As per Management decision/ case to case basis
8 Debit Card 
8.1 Debit Card Fees for 2 years validity  NPR 400.00 (Can be paid in Lump Sum)
                  OR  
  Debit Card Fees Installments-1 NPR 200.00
  Debit Card Fees Installments-2 NPR 200.00
8.2 Request for ATM card block  Free
8.3 Replacement card  NPR 200.00 flat 
8.4 New PIN generation  NPR 100.00 flat 
8.5 Visa Debit  Supplementry Card  issuance  NPR 200.00 flat 
8.6 Cash withdrwal fees ACE ATM  Nill
8.7 Visa Debit Card Record retrieval Charges (with in 6 months  NPR 250.00 flat 
8.8 Cash withdrawal fees HBL ATM  NPR 10.00 per transaction
          8.9 Cash withdrwal charges from other bank ATM in Nepal and India   NPR 250.00 per transaction
8.10 Uncollected ATM Card * NPR 150.00
Note:  * ATM PINs and Cards are kept for collection up to 90 days after cards received from HBL, if not collected by then are to be destroyed and thereafter NPR 150.00 shall be charged to the Customer account
9 Remittance  (Fund received from abroad) / Inward  Remittance 
9.1 Transfer to another bank (beneficiary is other bank customer) 0.25 % or Minimum Rs. 500.00 whichever is higher 
9.2 Follow up telex/ swift charges on remitance at customer's request  NPR 500 plus  enquiry charges  as per charges levy to us by Nostro if any
10 Nostro Cover Refund (In case of Swift)
10.1 Refund of inward payment and Nostro cover USD 10.00 or equivalent + communication charges and charges levy to us by Nostro if any
11  Local Interbank Transfer 
11.1 If the beneficiary is a Bank (request by Bank )  Free
11.2 If the beneficiary is a Bank (request by customer)  0.25% of amount transfered or Rs. 500.00 whichever is higher
12 Travellers Cheques
12.1 Travellers Cheques  Issuance  Discontinued
13 Travelers Cheques encashment
13.1 Customer  NPR 500.00 or 0.50% whichever is higher 
13.2 T/Cs purchased over our Counter and subsequently refund  NPR 300.00 or 0.25% whichever is higher 
14 Cheque/ Draft Purchase  (out side Nepal)
14.1 Cheque/Draft (Subject to limit /Approval ) 1% p.a from the date of purchase or min Rs. 550.00 whichever is higher 
14.2 Cheque / Draft 15% p.a from the date of purchase or Rs 500.00 which ever is higher (from the date of cheques purchased)
15 Local Bank cheque collection/ Purchase 
15.1 Local Clearing  Free
15.2 Out side valley local Bank cheque collection ( which cannot be cleared throough ECC) NPR 250.00 plus other bank charges and communication charges 
15.3 Local clearing cheque Purchase  0.15% or minimum Rs 500.00 whichever is higher 
16 Cheque/DD/ TC collection Outwards (Outside Nepal) 
16.1 Cheque/dd collection Outwards (Outside Nepal)  0.25% or min Rs. 500.00 whichever is higher plus postage charges if any 
16.2 Cheque collection outwards returned  NPR  500.00 Flat
17 Inter Branch Fax Transfer 
17.1 IB fax transfer ( By  customer to non customer)  NPR 250.00 or min 0.10% whichever is higher 
17.2 IB fax transfer ( Both side non Customer)  NPR 300.00 or min 0.10% whichever is higher 
18 Draft -INR
18.1 Draft INR ( Customer ) NPR 350 or 0.25 % whichever is higher 
18.2 Draft INR ( Non Customer ) NPR 500 or 0.25 % whichever is higher 
19 Draft- FCY (Other than INR)
19.1 Draft FCY (Customer ) 0.1% or minimum NPR 300 
Note:  If the DD is  issued in favour of educational institution abroad , further 1% education service tax to be leived on total education fees.
20 Manager Cheques  Issuance
20.1 Managers Cheque  issued for Loan Disburshment and payment to the vendor  Free
20.2 Manager Cheque  issuance to Customer  NPR 200 Flat
20.3 Manager Cheque  issuance to Non Customer  NPR 200 Flat
21 Swift Transfer 
21.1 Swift Transfer -Customer  NPR 300.00 or 0.2% whichever is higher plus NPR 500.00 swift charge
21.2 Swift Transfer -Non Customer  NPR 300.00 or 0.2% whichever is higher plus NPR 500.00 swift charge
Note:  1. If the Swift  is  issued in favour of educational institution abroad , further 1% education service tax to be leived on total tution fees.
2. If applicant mentioned the condition for charges is "OUR" -  As per charges levy to us by Nostro Bank if any
22  DD/ Swift/Manager cheque cancellation charges 
22.1 DD cancelation charges  NPR 250  Plus swift charges of Rs.500 if applicable.(Note-charges imposed by the nostro banks abroad for cancellation should be additionally recovered from  the customer.
22.2 Swift cancelation charges  NPR 250  Plus swift charges of Rs.500 if applicable.(Note-charges imposed by the nostro banks abroad for cancellation charges should be  recovered from the customer
22.3 Manager cheque cancelation charges  NPR 100.00 flat 
23 Stop Payment chages 
23.1 Stop Payment charges  NPR 250.00 flat (Plus swift charge of Rs 500 or other communication chages as per actual, if applicable)
24 National Saving Bond purchased from customer
24.1 When we purchase NSB from customers As per the charges recommended by NRB 
25 Other service  Charges 
25.1 NRB and other bank cheque  issuance charge (if requested by Bank/Financial Institutation/Credit Customer) Free
25.2 NRB and other bank cheque  issuance charge  (If Request by others) NPR 200.00 flat 
25.3 NRB and other bank cheque  cancellation charges NPR 200.00 flat 
25.4 Standing Instruction (if requested by staff ) Free
25.5 Good for payment cheque issuance charges  NPR 300.00 flat 
25.6 Cheque returned charges (inward clearing and inhouse cheques un paid 'refer to drawer' NPR 200.00 flat 
25.7 Cash withdrawal charges from counter slip (same Branch customer ) free
25.8 Cash withdrawal charges from counter slip  ( inter Branch Customer) NPR 100.00 flat 
25.9  Issuance of Balance Confirmation Certificate -Instutuitons on Half yearly basis (twice a year only) Free
        25.10  Issuance of Balance Confirmation Certificate (for other) NPR 300
26 Clearing Charges
  Outward Cheques (upto NRs. 200,000) Free
  Outward Cheques (above NRs. 200,000) NPR 30.00 per cheque
  Outward Cheques (for any FCY amount) NPR 30.00 per cheque
  Express Clearing NPR  100.00 per cheque
  Cheque Return NPR 100.00 per cheque
     
27 Advance Payment Certificate 
  Advance Payment Certificate charges  Free
28 Air Frieght Permit 
  Air Frieght Permit Charges  NPR 250.00 flat 
29 Courier Charges 
29.1 Nepal  As per actual
29.2 India  As per actual
29.3 USA/Canada/ Brazil  As per actual
29.4 Other Countries  As per actual
30 Remittance 
30.1 Outward /Inward remittance sending through other Remitance Companies associated with us Charge as per their tarrif
31 Internet Banking   
31.1 Internet Banking transaction with OTP enable NPR 200.00 per annum
31.2 Internet banking without OTP enable Free
32 Mobile/SMS Banking   
32.1 ATM Transaction alert through Mobile Banking NPR 100.00 per annum
32.2 All Transaction alert  through Mobile Banking NPR 400.00 per annum
33
IPS Charges 
 
 
Price Scheme Services Remarks Charge to be taken
Customer Transfer Direct Credit -Outward Amount up to Rs 5 Lakh NPR 50.00 per transaction
    Amount  Rs.5 Lakh to 50 Lakh NPR 100.00 per transaction
    Amount above Rs. 50 Lakh NPR 150.00 per transaction
Dividend/IPO Refund Payment  Direct Credit -Outward   NIL
Dividend/IPO Refund Payment  Direct Credit -Inward Amount up to Rs. 100 NIL
    Amount up to Rs. 5000 NPR 10 per  transaction
    Amount Rs. 5000 to Rs.50000 NPR 20 per  transaction
    Amount above Rs. 50000 NPR 25 per transaction
Other Direct Debit-Outward   NPR 50 per transaction
Return Fees Direct Credit-Outward   NPR 200 per transaction
Cancellation Fees Direct Credit-Outward (As requested by customer )   NPR 200 per transaction
Archive Fees as customer request Record archive more than 3 months. (As requested by customer )   NPR 250 per transaction