Kina Bank Accounts and Services: Schedule of Fees, Charges and Conditions CUSTOMER INFORMATION ONLY SUBJECT TO CHANGE WITHOUT NOTICE OTHER FEES AND CHARGES MAY APPLY EFFECTIVE NOVEMBER 2018
SAVINGS ACCOUNTS Minimum Opening Balance Minimum Balance to be Maintained in Account Monthly Fee Average Balance > 0 Monthly Fee Average Balance < 0 In Branch Transaction Fee Issue Bank Cheque Self Service Electronic Transactions Internet Banking Dormant Account Fee Account Closed Within 6 Months of Opening each CURRENT ACCOUNTS Minimum Opening Balance Personal Minimum Opening Balance Business Monthly Fee Average Balance > K5,000 Monthly Fee Average Balance < K5,000 Cheque Book (small) 50 cheques Cheque Book (large) 100 cheques Cheque Processing Fee First 10 cheques each month 0 0 per month K15 each K30 each - Subsequent cheques K0.50 toea per cheque Cheque Returned Irregularities Cheque Returned Insufficient Funds Inward Dishonour Fee Stop Payment (per item / range of items) Issue Bank Cheque Temporary Unauthorised Overdraft Fee each K100 per Instance Unauthorised Overdraft Interest Prescribed Rate plus 6% (Minimum charge ) Duplicate Statement Transaction Printout Voucher Copy Search Fee Dormant Account Fee Account Closed Within 6 Months of Opening per statement K10 per printout K10 per copy per hour CHEQUES- SPECIAL ANSWER Kina Cheques Other Bank Cheques K100 K100 SUBJECT TO CHANGE WITOUT NOTICE EFFECTIVE NOVEMBER 2018 2
TERM DEPOSITS Break Fee K100 plus any applicable interest penalty Grace period of 5 days if automatically renewed Nil interest paid if broken within 3 months of establishment Subject to interest rate variation at Kina Bank s discretion if broken before term but after 3 months of establishment CASH HANDLING FEES Coin Deposits Coin Withdrawals Note Deposits <,000 Note Deposits >,000 Note Withdrawals < K5,000 Note Withdrawals > K5,000 plus 1.0% of Cash Amount plus 1.0% of Cash Amount CARD FEES Card Replacement Fee (Card Damaged / Lost / Stolen and Reissue of PIN) CORPORATE INTERNET BANKING First Time Registration Fee (One Off Fee) Monthly Fee 0 ATM SERVICE FEES Cash Withdrawal at Kina ATM, using Kina Card Cash Withdrawal at Other Banks ATM, using Kina Card Balance Enquiry at Kina ATM, using Kina Card Balance Enquiry at Other Banks ATM, using Kina Card per transaction K2.5 per transaction per enquiry K0.50 toea per enquiry STANDING INSTRUCTIONS By Bank Cheque By Telegraphic Transfer By KATS To Other Kina Bank Account K10 plus Bank Cheque Fee K10 plus Telegraphic Transfer Fee K10 FOREIGN CURRENCY NOTES Purchase Fee Sale Fee 1.0% of Amount (Minimum charge K10) SUBJECT TO CHANGE WITOUT NOTICE EFFECTIVE NOVEMBER 2018 3
COLLECTION FEES Inward Clean Collection 0.125% of Amount (Minimum charge K100) Inward Item Returned Unpaid Inward Dishonour Fee Inward Documentary Collection Outward Clean Collection per item 0.275% of Amount - Minimum charge 0 K150 LOCAL TRANSFERS Inward Outward Bank Cheque Repurchase Bank Cheque Payment Order OVERSEAS TRANSFERS Inward Issue Telegraphic Transfer Amend Telegraphic Transfer Refund Telegraphic Transfer Telegraphic Transfer Tracer Stop Payment Telegraphic Transfer K10 plus Agent Charges plus Agent Charges plus Agent Charges plus Agent Charges AUDIT CONFIRMATION Audit Confirmation Comprehensive Certificate per hour IMPORT DOCUMENTARY CREDITS Sight 0.375% 30 days 0.50% 60 Days 0.70% 90 Days 0.90% Over 90 Days 1.0% Maximum Validity 6 Months; Beyond 6 Month Validity Discrepancy Amendment Additional 0.125% per month K40 K100 plus Value and Term Adjustment Fees SUBJECT TO CHANGE WITOUT NOTICE EFFECTIVE NOVEMBER 2018 4
EXPORT DOCUMENTARY CREDITS Advising Confirmation Negotiation Bill for Collection Amendment 0.10% of Credit Amount every 3 months 0.25% of Credit Amount - Minimum charge 0 0.25% of Credit Amount - Minimum charge 0 K100 plus Value and Term Adjustment Fees SUBJECT TO CHANGE WITOUT NOTICE EFFECTIVE NOVEMBER 2018 5