Global Service Account

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Global Service Current Account - Trade Fees and Charges

Product Variant ->	GSA Elite	GSA Ace
Quarterly Through-Put (QTP)	USD100 K Exim	USD 250 K Exim
Inward Remittance	NIL	NIL
FIRC	NIL	NIL
E-BRC	NIL	NIL
Export LC Advising	NIL	NIL
Courier Charges - Domestic	₹100	₹100
GR/SB Release	₹400 per bill	₹200 per bill
Exports - Collection Bills (LC/Non-LC)	₹400 per bill	₹200 per bill
Courier Charges - International	₹500	₹500
Outward Remittances	₹400 per bill	₹200 per bill
Advance Payment for Imports	₹400 per bill	₹200 per bill
Direct Import Bills	₹400 per bill	₹200 per bill
Import Bills for Collection (LC/Non-LC)	₹400 per bill	₹200 per bill
Foreign Bank Charges (OUR)	₹750 per message	₹750 per message
SWIFT charges	NIL	NIL
NMQTP Charges for not routing committed volume or not maintaining AQB	3000.0	5000.0

GSA Elite and GSA Ace products would follow the transaction banking related features and charges of the underlying generic products namely Elite and Ace.

View the fees and charges of: Elite Current Account

View the fees and charges of: Ace Current Account

Make the most of our power-packed solutions

Enjoy exclusive and one-stop service

Embrace convenience with our comprehensive banking solutions and enjoy a hassle-free experience with a dedicated Relationship Manager

Expert advisory services on forex markets and trends

Get a competitive edge with a dedicated support team to guide you through the latest trends in the world of Forex

Trade experts and digital solutions

Empower your business with expert trade insights and innovative digital solutions

Unsecured credit facility***

Business financing solutions up to ₹2 cr. for on-time salaries, vendor payments and more

Current Account variants that are attuned to your business

Global Service Account Ace & Global Service Account Elite

Flexibility of maintaining Average Quarterly Balance (AQB) or quarterly throughput^*
Exclusive and preferred pricing for trade and forex transactions
Treasury Advisory and a bouquet of Risk Management Solutions to hedge customers’ currency risk
Foreign Exchange Forward Limits to hedge foreign currency fluctuation risks
Prompt regularisation of documents, including SOFTEX
Online trade portal for paperless and seamless remittance transactions

^{^*}For GSA Elite, AQB of ₹1 lakh or quarterly throughput more than or equal to USD 1,00,000 needs to be maintained. For GSA Ace, AQB of ₹2.5 lakh or quarterly throughput more than or equal to USD 2,50,000 needs to be maintained.

Our robust solutions for your business

Payments

Simple and secure fund transfer through bulk upload with Maker-Checker facility

Trade & Forex Solutions

End-to-end digital execution of your trade and forex transactions
Foreign exchange forward limits to hedge foreign currency fluctuation risks
Fyn and FX Live (online trade and forex portals) for seamless and paperless transactions with real-time rates

Lending Solutions***

Clean overdraft limit of up to ₹2 cr. at competitive rates to manage cash flow mismatch
Foreign currency term loans at fixed as well as floating rates of interest with a tenure of up to 5 years
Export finance limit of up to ₹5 cr. backed by CGTMSE cover

Corporate salary solutions

Exciting offers on popular brands, including benefits up to ₹25,000 p.a.
Personal accident death cover of up to ₹25 lakh** for debit card users
Programme benefits for the employees^*^ of your company with a host of lifestyle benefits, and a wide range of lifetime free premium credit cards with exclusive benefits^

Corporate Credit Card^{^^^^}

Dashboard to control and monitor expenses
Other benefits include cashback on spends, fuel surcharge waiver, lounge access, etc.

ActivMoney

Put your idle funds to work. ActivMoney*(sweep in/sweep out) facility auto-converts idle funds into 91-day Term Deposits with attractive returns

Banking Convenience

Bank from anywhere, anytime with our Net, Mobile, Phone and SMS banking solutions.
Kotak Fyn – One-stop digital portal for account services, collections or payments to view & approve end-to-end transactions and more

Offers Beyond Banking^^^

Special offers across different categories help you manage your business's nitty-gritty.

Go on, open your Global Service Account today and gear up to take your business to the next level.

^***Terms & Conditions apply. Credit at sole discretion of Kotak Mahindra Bank Ltd. and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.**Based on POS and online transaction with net salary criteria greater than or equal to ₹15,000. *For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit www.kotak.com. ^^^The Offers Beyond Banking are provided by empanelled service providers. ###Minimum threshold for ActivMoney facility in Global Service Account is Rs. 3 lakh for Elite variant and Rs. 7.5 lakh for Ace variant

^{^*^}For employees with salary of ₹1 lakh and above p.m. ^Based on salary credits. ^^^^Issuance of Credit Cards is at the discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card terms and conditions.

Offers Beyond Banking for your business

business-management-marketing-product-mobile

Business Management and Marketing

Enjoy a host of digital marketing offers that cater to all your business and marketing related requirements.

Enterprise Resource Planning

Get offers that enable you to manage your day-to-day business transactions and processes with a host of accounting software.

Supply Chain and Logistics

Avail offers that empower your business with easy flow of goods and services and optimum logistics management.

Human Resource

Enjoy offers on HR software that help you transform your company. Manage salary payments easily with payroll software.

Workspace Management

Make the most of our offers and work in a flexible environment suited to your taste - a lively work pad that gives you a vibrant setting to convert all your ideas into reality.

Taxation & Legal

Get offers on assistance on matters concerning legal and tax issues and grow your business the right way.

Healthcare/Medical Equipment

Avail offers that provide you with best-in-class medical equipment for all your product-based needs. Also, get round-the-clock appointment booking, onsite and remote consultations, access to a wide network of doctors and much more.

Global Service Account

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Global Service Current Account - Trade Fees and Charges