IIBX notified regarding the Application Processing Fees and Annual Fees for Special Category Client Banks (SCC Bank)

May 22, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Indian International Bullion Exchange IFSC (IIBX) on May 16, 2024, notified regarding the Application Processing Fees and Annual Fees for Special Category Client Banks (SCC Bank).

The attention of the SCC Bank is drawn to Exchange Circular No. 20240516-2 dated May 16, 2024.

The following fees are applicable for all SCC Bank.

SCC Bank Application Processing Fees (USD) 1000 Annual Fees (USD) 3000

The Annual fees shall be charged on a full financial year basis every year.

[Notification no.- 20240521-1]


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