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Transfer fees on OneCard

Oscar

TF Premier
Contributor
VIP Lounge
Dear Customer,
Greetings from CSB OneCard.
We would like to inform you that, with effect from March 10, 2024, transactions made in the form of transfers to bank accounts or third-party wallets for a total of Rs. 10,000 or more in a calendar month will be charged a monthly fee of 1% on the total transfer amount.
An illustrative example of the above mentioned fee change is given below.
Transfer in a monthFee @ 1%
Scenario 1First transaction of Rs. 4,000Rs. 0
Second transaction of Rs. 5,000 done in the same calendar monthRs. 0
Scenario 2First transaction of Rs. 15,000Rs. 150
Second transaction of Rs. 20,000 done in the same calendar monthRs. 200 (Total Rs. 350)
Scenario 3First transaction of Rs. 8,000Rs. 0
Second transaction of Rs. 6,000 done in the same calendar monthRs. 140 (Rs. 80 + Rs. 60)
To get a comprehensive understanding of the charges and updated categorization of transfers, kindly review the updated Terms & Conditions.
Regards
CSB OneCard
 
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