Professional Banking bundles. R30,00 per deposit. R30,00 per deposit. Cash deposit - At a Nedbank ATM or branch

Transcription

1 Professional Banking: Pricing Effective from 1 January 2018 Schedule of fees The bank reserves the right at its discretion to vary any fee, cost or charge at any time and from time to time after giving reasonable notice. Type of transaction/fee Notes Fees (VAT inclusive at 14%) Minimum opening deposit Minimum opening deposit Minimum monthly balance Minimum monthly balance to be maintained Annual fees Visa Electron/Maestro debit card service fee Cheque card service fee Garage cheque card Professional Banking bundles Professional Banking Account (pay as you use) R169,00. R169,00. American Express Platinum Charge Card 9 R1 987,50. R3 975,00. Monthly fees Account maintenance fee Established professionals Young professionals 8 Monthly overdraft facility fee 7 - For limits from R1 to R For limits from R or more enote Self-service banking: Subscription fee 2 Cheque card: Nedbank Greenbacks linkage fee Platinum credit card service fee Credit card: credit facility fee Transaction fees Deposits Electronic deposit Cheque deposit R315,00. R157,00. R54,00. R115,00. R115,00. R54,00. R12,00. R16,00. R20,00. R60,00. R13,90. - At a Nedbank branch - R30,00 per deposit. R30,00 per deposit. R30,00 per deposit. R30,00 per deposit. Cash deposit - or branch R7,50 plus R1,50 per R100 or part R7,50 plus R1,50 per R100 or part Page 1 of 6

2 Deposits - At a Nedbank intelligent-depositor ATM 1 Cash withdrawals At a participating retailer's tillpoint 3 At a participating retailer's tillpoint, combined with a purchase at the store At another bank's ATM - Cheque encashment - Debit or cheque card withdrawal At another bank's self-service device At an international ATM Payments - electronic By SMS Banking By Telephone Banking: Self-service Debit order (internal) By Cellphone Banking WAP On Nedbank App Suite By Telephone Banking: Agent-assisted Stop order Debit order (external) Third-party payment notifications on Nedbank Internet Banking - SMS - - Fax Instant-payment fee (internet banking) Payments - cheque Cheque payment Bank-guaranteed cheque Bank's own cheque Payments - at a branch 3 6 First five transactions free per billing R3,75 plus R0,75 per R100 or part cycle, thereafter R3,75 plus R0,75 per R100 or part R12,50 plus R1,50 per R100 or part R11,00. R5,00 plus R1,50 per R100 or part R12,50 plus R1,50 per R100 or part R11,00. R35,00. R35,00 R0,90. R70,00. R17,00. R17,00. R0,90. R70,00. Page 2 of 6

3 Payments - at a branch To a Nedbank account To an account at another bank Interaccount transfers By SMS Banking By Telephone Banking: Self-service By Cellphone Banking WAP On Nedbank App Suite By Telephone Banking: Agent-assisted Autotransfer processing fee Cheque and debit card charges Purchase at a tillpoint Fuel purchase Face-to-face card delivery Card replacement fee Request for copy of transaction voucher: - Local - International International currency conversion fee 4 Balance enquiries By SMS Banking By Telephone Banking: Self-service By Cellphone Banking WAP By Telephone Banking: Agent-assisted At another bank's ATM At another bank's self-service device At a tillpoint Transaction lists - up to five years R10,25. R60,00. R145,00. R130,00. R150,00 per voucher. R150,00 per voucher. R150,00 per voucher. R150,00 per voucher. 2% of transaction value. 2% of transaction value. Page 3 of 6

4 Transaction lists - Up to five years 1 Ministatement from a Nedbank ATM 1 Minstatement at an ATM, Telephone Banking: Self-service, Cellphone Banking WAP or SMS Banking Faxed transaction list through Telephone Banking: Agent-assisted Statements R35,00. A4 mailed 1,5 One free per billing cycle. Copy of A4 statement at branch 1,5 Copy of deposit slip at branch Electronic 5 At a Nedbank intelligent-depositor ATM: - Bank-stamped current statement 1 - Bank-stamped three-month statement 1 Cellphone topups At another bank's ATM Other charges No-funds alert Send-iMali 10 R1,00 to R1000,00. R1001,00 to R2 500,00. Certificate of balance Copy of tax certificate Setup, amendment and cancellation of stop order Archived image of deposit slip/cheque on Nedbank Internet Banking Denied transaction at another bank's ATM Denied transaction at another bank's selfservice device Denied transaction at a point-of-sale device Disputed debit order - Branch or contact centre R7,50. R14,00. R35,00. One free per billing cycle. R7,50. R11,00 per SMS. R14,00. Page 4 of 6

5 Other charges Disputed debit order - Online Archived image of deposit slip/ cheque/statement > 90 days obtained from a branch Deposit book Chequebooks: - Book of 40 - Book of Book of 200 Stop-payment instruction Letter of authority Special clearance of a cheque deposited in a branch Honouring fee Preparation of security documentation Dishonoured payment due to insufficient funds Postdated cheque Deposit correction Amendment to mandate Penalty fee for non-prior-arranged cash deposits and withdrawals over R Copy of asset-based finance agreement Copy of bond agreement Copy of residential home loan agreement Copy of e-natis document Account confirmation letter Confirmation of signatories letter Crossborder letter Copy of amortisation schedule for assetbased finance agreement Visa letter Notes R37,00. R65,00. R130,00. R110,00. R90,00. R90,00 (Increasing to R140,00 per item for the fourth and subsequent items within 12 months.) R37,00. R65,00. R130,00. R110,00. R90,00. R90,00 (Increasing to R140,00 per item for the fourth and subsequent items within 12 months.) R1 100,00. R1 100,00. 1 A billing cycle runs from the third-last business day of the month to the fourth-last business day of the following month. Your statement will reflect the fees for all transactions that you effected in the previous billing cycle. In other words, you are billed one month in arrear. 2 Includes Nedbank Internet Banking, Telephone Banking: Agent-assisted and Cellphone Banking WAP. SMS Banking and Telephone Banking: Self-service are free. 3 These fees apply at all stores where cash at tillpoint is offered, for example the Pick n Pay group, including Score and Boxer. Page 5 of 6

6 Notes 4 This fee applies to ALL transactions done through a foreign merchant and is calculated at 2% of the transaction value. For example, if you swipe your card overseas for the rand equivalent of R500, the fee will be 5 For current-account products you will automatically be mailed one (free) statement per cycle billing. For savings account products you will need to request a statement to be mailed and a fee will apply. 6 Notifications can be sent from other functions. However, a fee will be charged for each notification sent. 7 Facility fees, whille prescribed by the National Credit Act, may differ for internal banking segments. 8 For young professionals holding at least a four-year academic qualification from a South African university. Clients can be busy with their final year, their honours or an intership, and must be under 30. Valid for five years until the client turns 30. Pricing will change to R315,00 in the first billing cycle after the client's 30th birthday. 9 50% discount on the American Express Platinum Charge Card annual fee applies to the Professional Banking bundled accounts only and is only valid for the first year, after which the full fee will apply. 10 Send money quickly and securely to any SA cellphone. Nedbank is committed to making its fee structures simple, transparent and easy to understand. To this end plain language and simple naming conventions are used in all our literature. You can also call the Nedbank Contact Centre on (office hours), where bank fees specialists are available to assist you with any fee-related questions. The Nedbank Bank Fees Calculator is an easy-to-use online tool that can assist you in understanding and calculating the fees applicable to your specific account type. It also enables you to compare your current fees with that of other Nedbank products, as well as with fees charged by the other South African banks. Nedbank Limited Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16) Page 6 of 6