TARIFF GUIDE Effective November 2008

Transcription

1 TARIFF GUIDE Effective November 2008

2 A guide to our bank charges This booklet is published in accordance with the Banking and Financial Services Act, 1994 and our own Barclays Code of Banking Practice. This booklet is designed to assist both customers and non customers and provides details of the main charges applicable to banking services provided by Barclays Bank Zambia Plc. Our intention is to keep you informed regarding the cost of a particular service prior to acquisition of service. This Tarrif Guide does not set out all of the charges for services in respect of deposit accounts with the bank. Charges for services not included in this Schedule of Charges shall be disclosed on request or at the time the service is provided. The Tarrif Guide is reviewed periodically and details will be available from all our branches. VAT will be added where required by legislation. This is meant to be a guide of charges likely to be imposed and as such charges may vary.

3 Services Banking Hours Main Branches: 08:15 to 14:30 Prestige Centres: 07:45 to 17:15 Premier Centre: 08:00 to 18:00 ATM Services Visa Electron Debit Card Cash Withdraw Barclays ATM: : K 1, , ,999: K 3, , ,999: K 5, ,000 and above: K 7,000 Non Barclays ATM In country K10,000 International K15,000 Point of Sale Card Services Renewal of expired card K15,000 Replacement of lost or damaged card K80,000 before expiry

4 SERVICE CHARGE SCHEDULE PREMIER CURRENT ACCOUNT Card issuance Cheque Book Issuance PREMIER BONUS SAVINGS Fee if the balance falls below minimum of K100 Million K100,000/ Month TELLER TRANSACTIONS Withdrawal Unlimited Deposits Unlimited Teller Transaction Charge FOREIGN CURRENCY ACCOUNT Minimum monthly average balance required USD 2,000 Fee if the balance falls below minimum required USD 25 / Month FIXED TERM DEPOSIT Minimum monthly average balance required K10,000,000 Account Maintenance Fee RELATIONSHIP PRICING Monthly Membership Fee K 300,000 INTERNET BANKING PRICING Transaction Fee TBA

5 FOREIGN CURRENCY TRANSACTIONS Cash Forex sold from Kwacha Account USD & ZAR free. Other currencies 1.5% min K150,000 Issue of Forex from CFC Transfer from Kwacha to CFC USD & ZAR free. Other currencies 1.5% min K150,000 Outward remittances / SWIFT / Telegraphic Transfers 1% min USD30; max USD250 (includes $15 SWIFT line charge) Negotiation of foreign currency cheques 1.5% min USD30 Collection of Foreign Cheques Flat fee USD30 Draft 1.5% min USD30 max USD250 Inward Swift Transfers USD7 or equivalent Returned foreign cheques Lack of funds free, other reasons USD50 Monthly Statements (interim & duplicate) Investigation fees for non receipt of funds (T/T, SWIFT) where funds have been received USD30 STANDING ORDER/DIRECT DEBIT Standing order Set up Within Barclays Other Bank Amend/Stop Standing Order K15,000 Unpaid due to lack of funds other reasons K200,000 OTHER SERVICES/CHARGES Closure of Account K50,000 Transfer through RTGs K50,000 per item Cheque Stop payment instructions Lack of funds - K350,000 Other K250,000 Statements - Monthly statement - Interim statement - Duplicate statement (up to 6 months back) per page K30,000 - Duplicate statement (over 6 months back) per page K50,000 Phone/Fax K60,000 in Zambia (max 5 minutes); K180,000 International (max 5 minutes) Issuance of Manager s cheque K75,000 per item Reply to audit letters/audit report K350,000 Confirmation/Certificate of balance Certification of Document / Commissioner of Oaths Status enquiry / Reference Letters Safe custody K200,000 per month

6 Dormancy protection K90,000 per month Treasury bill application 2% of discount amount on interest Sealing of documents K100,000 LOAN AND ADVANCES Base Rate Check latest rate applicable Lending Rates On application based on margin above Base Rate Arrangement Fees 1-2.5% Min K500,000 Excess interest Base Rate + Risk Margin Encashment against uncleared effects min K350,000 per encashment Unauthorised O/D /Excess Fees K350,000 per occurance Facility / arrangement fee Premier loan 4% min K400,000 Home Loan 1% of loan value max K5,000,000 Overdraft 3% min K500,000 ASSET FINANCE Arrangement Fee 2.5% of loan amount minimum K600,000 Commitment Fee 0.125% (charge if not drawn within 3 months of offer) Arrears demand letter USD 20 Minimum loan amount USD6,000 Maximum loan amount USD150,000 Deposit - Motor Vehicle Financing: Min Deposit on brand new vehicles 10% Min Deposit on vehicles aged 1-2 years 22.50% Min Deposit on vehicles aged 3-4 years 27.50% Maximum Loan Repayment Term (Months): Max term on new Vehicles 60 Max term on Vehicles aged 1-2 years 48 Max term on vehicles aged 3-4 years 36 Financing of other Assets: Deposit, Term and Value Case by case basis Early settlement Rate applicable if settled without 3 months notice

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8 Barclays Bank Zambia Plc Stand Nos & 4644, Elunda Park Addis Ababa Roundabout P.O Box 31936, Lusaka, Zambia Tel: +260 (211) Fax: +260 (211) /11 Registered Commercial Bank