Euro Pacific Bank

What is the “Blocked Amount”?

Some of your initial deposit will be “blocked” upon arrival, an amount that is listed on our Fees & Charges page.

The blocked amount ensures you do not “zero out” your account, preventing you from paying the monthly maintenance fee. In other words, the blocked amount acts as a reserve in case your bank account does not have a sufficient balance to debit the monthly maintenance fee.

Upon closing your bank account, the Bank will release the blocked value (or whatever remains) to your available balance.