Fees, Rates & Charges

Personal Banking Business Banking
Virtue Checking Account
Virtue Saving Account
Zustennials Saving Account
Smart Business Checking Account
Onboarding Fee
None
None
None
None
Required Initial Deposit
None
None
$1,000
$1,000
Monthly Maintenance Fee
None
None
None
None
Minimun Monthly Average Balance Required (1)
$1,000
$500
None
$2,500
Fee for Non-Minimun Average Balance (2)
$35
$35
None
$35
Interest Bearing (APY)
None
Yes (2%)(5)
Yes (2%)(6)
None
Transaction Limitations (4)
Unlimited
6
6(3)
Unlimited
Transactional Fees
Internal Transfers
$0
Incoming Wires (USD)
$25
Outgoing Wires (USD)
Up to $100,000
$70
> $100,000
0.10% (Max. $500)
Incoming Wires (EUR)
$25
Outgoing Wires (EUR)
Up to $100,000
$100
> $100,000
0.10% (Max. EUR 500)
Returned Transfers
$70
Reverse Deposit
$100
Wires Amendment
$50
Transfer Cancelation
$10
Transfer Confirmation (Swift Copy)
$10
Other Charges and Fees
Bank Reference
$10
Bank Confirmation
$10
Bank Statement
$10
Early Account Closure (Before 6 Months)
$100
Account Closure
$50
Inactive Account Fee (7)
$50
Dormant Account Fee (8)
$50
Account Investigation
$50
Compliance Investigation
$50 (hour)
Local Messaging
$40
International Messaging
$80
Over the Limit Transaction (9)
$10 each
Overdrafts
N/A
Curency Exchange
0.60%
Certificates of Deposit (Personal & Business)
Term
Rate
Minimum to Open
Early Withdrawal Penalty
06 Months
2.50%
$5,000
2 Months of Interest
12 Months
3.00%
$5,000
4 Months of Interest
18 Months
3.50%
$5,000
6 Months of Interest
24 Months
4.00%
$5,000
8 Months of Interest
Transfer Limits - Areti Online
Type
Between My Accounts
A2A (Areti to Areti Customer)
A2T (Areti to Third Party)
Personal
Unlimited
Unlimited
$10,000
Business
Unlimited
Unlimited
$50,000

Areti Bank International Inc.

Fees, Rates & Charges

Account

Personal Banking

Business Banking

Type

Virtue Checking Account

Virtue Saving Account

Zustennials Saving Account

Smart Business Checking Account

Onboarding Fee

None

None

None

None

Required Initial Deposit

None

None

$1,000

$1,000

Monthly Maintenance Fee

None

None

None

None

Minimun Monthly Average Balance Required (1)

$1,000

$500

None

$2,500

Fee for Non-Minimun Average Balance (2)

$35

$35

None

$35

Interest Bearing (APY)

None

Yes (2%)(5)

Yes (2%)(6)

None

Transaction Limitations (4)

Unlimited

6

6(3)

Unlimited

Transactional Fees

Internal Transfers

$0

Incoming Wires (USD)

$25

Outgoing Wires (USD)

Up to $100,000

$70

> $100,000

0.10% (Max. $500)

Incoming Wires (EUR)

$25

Outgoing Wires (EUR)

Up to $100,000

$100

> $100,000

0.10% (Max. EUR 500)

Returned Transfers

$70

Reverse Deposit

$100

Wires Amendment

$50

Transfer Cancelation

$10

Transfer Confirmation (Swift Copy)

$10

Other Charges and Fees

Bank Reference

$10

Bank Confirmation

$10

Bank Statement

$10

Early Account Closure (Before 6 Months)

$100

Account Closure

$50

Inactive Account Fee (7)

$50

Dormant Account Fee (8)

$50

Account Investigation

$50

Compliance Investigation

$50 (hour)

Local Messaging

$40

International Messaging

$80

Over the Limit Transaction (9)

$10 each

Overdrafts

N/A

Curency Exchange

0.60%

Certificates of Deposit (Personal & Business)

Term

Rate

Minimum to Open

Early Withdrawal Penalty

06 Months

2.50%

$5,000

2 Months of Interest

12 Months

3.00%

$5,000

4 Months of Interest

18 Months

3.50%

$5,000

6 Months of Interest

24 Months

4.00%

$5,000

8 Months of Interest

Transfer Limits - Areti Online

Type

Between
My Accounts

A2A
(Areti to Areti Customer)

A2T
(Areti to Third Party)

Personal

Unlimited

Unlimited

$10,000

Business

Unlimited

Unlimited

$50,000

(1) Means the amount you must maintain as minimum average daily balance to avoid charges.

(2) Monthly service charge if the account balance falls below the required minimum monthly Average Balance.

(3) Transfers from a saving account to another account or to third parties by preauthorized, automatic, or computer transfer or, debit card, or similar order to third parties are limited to six per month

(4) Limited to daily $100 withdrawal

(5) You must maintain a minimum average daily balance of $2,500.00 to obtain the disclosed annual percentage yield. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.

(6) You must maintain a minimum average daily balance of $50.00 to obtain the disclosed annual percentage yield. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle.monthly statement cycle.

(7) Inactive account condition: 180 days without transactions statement cycle.monthly statement cycle.

(8) Dormant account condition: 365 days without movements

(9) For any additional widrawal over the limit

Fees and Rates Schedule - Subject to the Areti Bank Banking Agreement

Last updated: November 01, 2022

This Fees and Rates Schedule is governed by the terms and conditions of the Banking Agreement between Areti Bank International Inc. (“Areti Bank”) and you as a Customer. PLEASE READ BOTH AGREEMENTS CAREFULLY AS THEY ARE PART OF THE BINDING CONTRACT BETWEEN YOU AND ARETI BANK FOR YOUR ACCOUNT AND DEPOSIT RELATIONSHIP.

This Fees and Rates Schedule is subject to change at any time, but any change will be communicated to you with at least thirty (30) days notice. Also, we reserve the right to charge an application fee as well as apply a different pricing schedule to your account, agreed upon on a case by case basis.

Nevertheless, we commit to always stay transparent with the fees we charge prior to entering into a banking relationship with you.