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  • BC-4.14 BC-4.14 Fees and Charges for Services Provided to Companies under Formation

    • BC-4.14.1

      Islamic retail bank licensees may charge companies under formation a fee capped at BD 10 for the issuance of letter of confirmation of capital maintained with the bank regardless of the capital amount deposited and maintained.

      Added: October 2018

    • BC-4.14.2

      Islamic retail bank licensees must not charge any setup fees for opening bank accounts for companies under formation.

      Added: October 2018