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General Notice – Account Fee Review

Wednesday, June 1, 2022

Dear Valued Customer,

As part of being a responsible financial institution, BSP Financial Group Ltd (BSP Cook Islands) regularly reviews all products and services in-line with the market and changing economic conditions. BSP Cook Islands is pleased to advise there will be a change to the fee schedules for the following products:-


Gold / Silver VISA Debit Card Facility


- Minimum
- Maximum


Up to $10,000

Interest Rate 12.50% p.a.
Monthly Overdraft Fee (ACA) 0.12% of the Overdraft Limit (Minimum $3.50 per month)
Monthly Account Fee Free
Transaction Fees (Domestic) Free & unlimited electronic transactions


  • BSP will write to all existing Gold / Silver Visa Debit Card Facility customers with the change to happen automatically


All changes will be effective as of 30 May 2022.

Please note the above table provides an overview of the product only. Other fees, terms and conditions may apply and all interest rates quoted are subject to change.

Further information is available in BSP Online Banking in the individual product tabs, or provided at your local BSP branch.

If you have any questions in regards this letter please do not hesitate to contact our customer service team on (682) 22014 or email us at BSPCookIslands@bsp.com.pg