BCTL Fees and Charges

BCTL Fees and Charges

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Fees and Charges
Application Processing Fees
Bank
Insurance
MTO
CEB
ODTI
Amount (USD)
25 000
2 500
250
1 500
2 500
Remark
Payable once submission of license application and it is
a un-refundable fund in the case of reject application.
Issuance License Fees
Bank
CEB
ODTI
Amount (USD)
15 000
1 500
1 000
Remark
Payable on or before issuance of license.
Annual License Fees
Bank
Insurance
CEB
ODTI
Amount (USD)
25 000
5 000
2 000
5 000
Remark
Payable on or before the anniversary of the grant of the license every
12 months thereafter.
Application processing fees for transportation
cash in or out of Timor-Leste

Submitted application more than five working days
Submitted application in five or less working days
Amount (USD)

50
100

Remark
Paybale once when submitted application.
International Fund Transfer Fees
Outgoing
Incoming
Amount (USD)
50
20
Remark
Outgoing transfer.
Incoming transfer.
Test Key/TRN Fee Amount (USD)
20
Remark
Cancellation of Test Key/TRN.
Cash Withdrawal Fee Amount (USD)
0,4%
Remark
For Big Denomination.
R-TiMOR Network Charges Amount (USD)
1608,90
Remark
Charges to each participant on monthly basis.
Note:
CEB: Currency Exchange Bureaux
MTO: Money Transfer Operator
ODTI: Other Deposit Taking Institution