Revision of charges - Wealth Management services
Dear Valued Customers,
We are making the following changes to our Schedule of Charges for all accounts w.e.f Jan 1, 2022.
- Mutual Funds Commission - 2% of the subscription / switch amount or minimum USD 200/-.
- Dual Currency Trades (DCT) - Per transaction will be 50% of Gross DCT yield or 300bps of notional amount, whichever is lower.
Precious metal (Gold & Silver) - Holding fees on precious metal account;
on Gold - 0.60% per annum
on Silver - 0.85% per annum
- No Capital gain / loss calculation charges in Pakistan markets.
- Exit charges on any products (if applicable) may be applied by the fund house / product provider / issuer. Please refer to the Terms & Conditions or prospectus.
- All charges related to third party / Custodian / other charges will be recovered from the customer's account as and when incurred.
Habib Bank AG Zurich
United Arab Emirates