Preliminary Licences Transferability of Shares Administration Miscellaneous Particulars in Applications Fees for the Grant of a Licence Fees for the Renewal of a Licence

BRITISH VIRGIN ISLANDS

BANKS AND TRUST COMPANIES ACT, 1990

Part II  (Section 5)

Fees For The Renewal Of A Licence

(a)  a general banking licence   $10,000

(b)  a restricted Class I banking licence $ 8,000

(c)  a restricted Class II banking licence $ 6,000

(d)  a general trust licence         $ 4,000

(e)  a restricted trust licence    $ 100