Banking solutions that make doing business easier. That s how we help. FNB Business Pricing guide 1 July 2017-30 June 2018 Terms, conditions and rules apply. First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
At FNB Business we know how much your business and customers mean to you, and how busy it can get meeting their demands while striving to grow your business. Our business solutions are there to help you. Whether you need sound advice, a cash injection to get things going, guidance on the best way to grow your savings or innovative transactional solutions that take the hassle out of banking, that s how we help. The fees outlined in this guide are VAT inclusive and are effective from 1 July 2017 to 30 June 2018.
01 02 ebucks Rewards for Business ebucks Rewards for Business is a rewards programme that gives qualifying FNB Business clients the ability to earn ebucks as a reward for banking with FNB. Visit for more information on how to register. Terms, conditions and rules apply. Instant Payroll This complete online payroll solution allows you to manage your monthly and weekly payroll through. What s more, it s free to all FNB Business clients. 03 04 DocTrail DocTrail makes your business requisition and audit process as simple as making a payment. It allows your business to upload and attach source documents to payments or transfers on Enterprise, so that managers and auditors know exactly what they were for. This document trail is available online for five years. Instant Accounting Do your business financial reports for free with our unique accounting solution. It is fully integrated with your profile, allowing you to generate accurate financial statements and reports effortlessly.
05 06 Instant Invoicing Instant Invoicing is free to all FNB Business clients. It automatically populates your invoices and links them to payments. Instant Cashflow Instant Cashflow is a free online, interactive tool that can help you to better manage your business cash flow and make informed business decisions. 07 08 SLOW Lounge Get access to SLOW Domestic Lounges, SLOW International Lounges and SLOW in the City with your qualifying FNB Business Platinum or Black Visa Cheque or Credit Card. Terms and conditions apply. ewallet Pro Pay any recipient or employee at any time with ewallet Pro, even if they don t have a bank account. Funds are secure and can be accessed via a chip card or your recipient s cell phone. This is a safe and convenient way to minimise the risk and costs associated with handling cash and cheques in your business. ewallet Pro contract s are created online in real-time through Enterprise, enabling recipients to access their money immediately.
09 10 Enterprise Enterprise gives you additional features to help manage the needs of your business set up multiple users and dual authorisations, upload source documents to transactions with DocTrail, use incontact Pro, manage collections, upload recipients in bulk and do SARS efiling payments. Business Banking App for tablets and smartphones Manage your business on the move with our Business Banking App for tablets and smartphones. Access Enterprise easily, securely and conveniently on your device to manage your business financial needs with dual authorisation of transactions and administrative capabilities. 11 12 13 for Business Commercial Property Specialised Finance Your business is different to any other and as a result, you need banking solutions tailored to your business day-to-day needs. From viewing your accounts and balances, to applying for credit and performing transactions online, you can bank 24/7 with for Business. Finance Whether you are a property investor, a property developer or want to own your business premises, Commercial Property Finance can provide structured funding solutions for all your property funding requirements. Our dedicated team of specialists are experts at tailoring a lending solution to suit your specific needs from overdraft facilities, Leveraged Finance and Debtor Finance, to Selective Invoice Discounting and Structured Trade Commodity Finance.
Make smarter payments Avoid queues, cash and cheques by making Electronic Fund Transfers (EFT) via the secure and more cost-effective FNB Banking App or. Get email statements Keep track of your business transactions electronically with email statements, delivered to your inbox for free. Plus, it s more secure and easier to file them. Get paid electronically Ask your customers to pay you via EFT to reduce high cash deposit fees on your account. Use an FNB ATM with Deposits for cash deposits Save time and money by using our ATM with Deposits terminals to make cash deposits. It s more convenient than going into an FNB branch and funds clear immediately. Use an FNB Business Visa Cheque or Credit Card instead of cash An FNB Business Visa Cheque or Credit Card gives you the security of not having to carry cash with you, and offers you the ability to do your business transactions with ease. Use Cash@Till for cash withdrawals Withdraw cash at a cheaper fee from participating retailers using Cash@Till rather than using ATMs.
With your Business Account, you can choose between the Pay-As-You-Use (PAYU) pricing option or one of our two Single Fee pricing options. NOTE: All references to card transactions indicate FNB Business Visa Cheque, Debit or Electron Card transactions. There are two to choose from. With these options, you are charged a monthly fee upfront and do not have to monitor your transaction fees each month, but we ask that you verify the transactions and costs on your statements. Per-item billing will only commence once the stipulated limit has been reached. All transactions and their associated costs (where applicable) can be verified on your monthly statement. GOLD ACCOUNT OPTION 1 OPTION 2 Monthly fee R235 R350 Electronic debit transactions 1 Cash deposited at FNB ATM with Deposits only Electronic Pay & Clear Now Transactions 30 transactions which include a maximum of 5 FNB ATM cash withdrawals cash deposits up to R50 000 per month 3 POS Purchases Electronic Transfers Prepaid Purchases Balance Enquiries (POS) 50 transactions which include a maximum of 10 FNB ATM cash withdrawals cash deposits up to R100 000 per month 1 Debit transactions include all payments done via and FNB ATMs, excluding all cheque and branch transactions, Pay & Clear Now, transactions using Enterprise TM, and other banks ATMs. These and other fees are charged for at Pay-As-You-Use rates as quoted in this guide.
Items above the transaction threshold limits will be charged as follows: GOLD ACCOUNT OPTION 1 OPTION 2 Electronic debit transactions 1 R18 R17 Electronic Pay & Clear Now R37.50 R37.50 Cash deposited at FNB ATM with Deposits only R3.95 + R0.60 per R100 or part thereof R3.95 + R0.55 per R100 or part thereof PLATINUM ACCOUNT OPTION 1 OPTION 2 Monthly fee R415 R560 Electronic debit transactions 1 Cash deposited at FNB ATM with Deposits only 55 transactions which include a maximum of 10 FNB ATM cash withdrawals cash deposits up to R150 000 per month 80 transactions which include a maximum of 10 FNB ATM cash withdrawals cash deposits up to R250 000 per month Electronic Pay & Clear Now Transactions 3 POS Purchases Electronic Transfers Prepaid Purchases Balance Enquiries (POS) Items above the transaction threshold limits will be charged as follows: PLATINUM ACCOUNT OPTION 1 OPTION 2 Electronic debit transactions 1 R17 R16 Electronic Pay & Clear Now R37.50 R37.50 Cash deposited at FNB ATM with Deposits only R3.95 + R0.55 per R100 or part thereof R3.95 + R0.50 per R100 or part thereof 1 Debit transactions include all payments done via and FNB ATMs, excluding all cheque and branch transactions, Pay & Clear Now, transactions using Enterprise TM, and other banks ATMs. These and other fees are charged for at Pay-As-You-Use rates as quoted in this guide.
On this pricing option, you pay a lower monthly fee and in addition each transaction will be charged separately as per the tables to follow. TRANSACTION DESCRIPTION Monthly fees FNB Gold Business Account R75 FNB Platinum Business Account 2 R105 R120 FNB Business 3 R135 Monthly petrol card fee R17.50 Purchases Prepaid purchases Prepaid purchases FNB electronic banking channels R1.20 Prepaid purchases at other banks ATMs R12.50 Prepaid purchases Telephone Banking R12.50 Card purchases FNB Business Visa Cheque Card purchases (local and international) 4 R3.65 FNB Business Petrol Card purchases R5 2 Certain FNB Platinum Business Account PAYU fees may vary from the FNB Gold Business Account PAYU fees listed below. 3 Excluding businesses whose profession requires them to hold funds on behalf of a third party (such as Attorneys Trusts or other businesses which are required by an act that governs its behaviour to manage third-party funds). 4 International currency commission and conversion fee of 2.75% of the transaction value applies.
TRANSACTION DESCRIPTION Inter-account transfers Electronic transfers (FNB ATM, Single Level Control, Telephone Banking IVR and Speech) Transfers (FNB branch, Telephone Banking consultant assisted) Scheduled transfers (per payment) Account payments Electronic third-party payments (FNB ATM, Single Level Control, Telephone Banking IVR and Speech) Internal debit orders (debit orders raised by FNB Card, FNB Home Loans, WesBank, FNB Loans, FNB Funeral Cover) External debit orders Cheque payments (per item) Third-party payments (FNB branch, Telephone Banking consultant assisted) Issue of bank cheques (per cheque) Pay and Clear Now payments (, FNB branch, participating banks only) Payment honouring fee (per item) Scheduled payments Scheduled payment establishment/amendment fee () Scheduled payment establishment/amendment fee (FNB branch) Stop payment instructions R4 R65 R4 max R9.10 R4 R18 R100 R65 R110 R45 R155 R16 R5 Telephone Banking R18.50 FNB branch R55
The following transactions will be charged for in addition to your monthly account fees, and are applicable to all Single Fee and s. TRANSACTION DESCRIPTION Payment notifications Email R0.85 SMS R1.25 Fax R6.35 Cheque books 40 forms R65 200 forms R180 Cheque book courier fee Voucher retention (per month) Deposit books R200 100 pages (non-micr) R37.50 100 pages (MICR encoded) R37.50 Subscription fees, Telephone Banking, incontact Pro Scheduled payment alert fee (per month) R60 R3
TRANSACTION DESCRIPTION Balance alerts (per month) Daily Weekly Monthly Cash withdrawals Cash@Till Point of sale Cash swaps FNB Slimline ATM (withdrawal limits may apply) Other banks Mini-ATMs FNB ATM Other banks ATMs International ATM cash withdrawals 5 International branch cash withdrawals 5 R15 R3 R1 R1.40 per withdrawal R10 per R1 000 or part thereof R1.85 per R100 or part thereof R8 + R1.85 per R100 or part thereof R1.85 per R100 or part thereof R8 + R1.85 per R100 or part thereof R65 R60 + R1.90 per R100 or part thereof FNB branch and FNB Bulk Cash Centres Cheque service fee (min R50) + cash handling fee Cash handling fee at FNB branch Value per withdrawal R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater R3.22 per R100 or part thereof R2.19 per R100 or part thereof R1.81 per R100 or part thereof R1.68 per R100 or part thereof 5 International currency commission and conversion fee of 2.75% of the transaction value applies.
TRANSACTION DESCRIPTION Deposits Cheque deposit at FNB branch (per deposit) Special clearance fee Effects not cleared upliftment fee R45 + R5 Per Cheque (max R100) R115 R100 per R10 000 or part thereof (min R500, max R5 000) Surplus/shortage in deposit (incident fee) R87.50 Referenced deposit transactional fee Over the counter (partial or full validation) R4.40 Electronic reference validation (FNB clients only) R1.97 Cash deposits FNB ATM with Deposits/Bulk Deposit Acceptor Cash deposit fee at FNB branch minimum fee per deposit Value per deposit R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater R3.95 + R0.80 per R100 or part thereof R45 R8.40 + R3.09 per R100 or part thereof R8.40 + R1.66 per R100 or part thereof R8.40 + R1.55 per R100 or part thereof R8.40 + R1.31 per R100 or part thereof
TRANSACTION DESCRIPTION Cash deposit fee at FNB Bulk Cash Centres Minimum fee per deposit Value per deposit R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater Common Monetary Area (CMA) Cross-Border Receipt BALANCE ENQUIRIES R45 R5 + R2.84 per R100 or part thereof R5 + R1.88 per R100 or part thereof R5 + R1.56 per R100 or part thereof R5 + R1.17 per R100 or part thereof R100 plus applicable Cash Deposit Fee FNB ATM Point of sale (FNB Business Visa Cheque Cards only) R1.50 FNB branch and Telephone Banking (consultant assisted) R5.50 Other banks ATMs R5.50 International Point of sale balance enquiries R5.50
TRANSACTION DESCRIPTION Statements Monthly statement (collected at FNB branch) Emailing of current monthly statement (plus optional workable data files) Monthly posted statement Mini-statements (FNB ATM) Emailing and downloading of historical statements (older than 3 months, per statement) R6.50 Provisional statement (FNB branch, Telephone Banking, per page) R15.50 Additional statements (fee per month) Paper Online Daily R112 R53 Weekly R46 R24 Twice monthly R23 R14 Penalty fees FNB ATM declined transaction fee (insufficient funds or daily limit exceeded) Other FNB declined transaction fee (local and international Point of sale, scheduled payment) R16 R3 R8.50 Other banks ATMs declined transaction fee (insufficient funds or daily limit exceeded) R8.50 Inward unpaid fee Unpaid cheques and/or debit orders Card and other related fees FNB Business Visa Cheque Card/Chip & PIN card replacement R120 R185 R140
TRANSACTION DESCRIPTION Credit-related fees Overdrafts Overdraft initiation fees An overdraft initiation fee may be charged NCA clients monthly credit service fee R68.40 Non-NCA clients monthly credit service fee 0.114% of facility (min R68.40) Business Term Loans and Business Revolving Loans Loan initiation fees A loan initiation fee will be charged NCA clients monthly credit service fee R68.40 Non-NCA clients monthly credit service fee 0.057% of facility (min R68.40)
This is a new cash depositing feature mainly for cash intensive customers where you can deposit a specific value of cash at branch and/or bulk cash centre for a fixed monthly fee. Fees are charged as follows: All deposits above R55 000 form part of the bundle and will be deducted from the monthly cash deposit bundle. PRODUCT BRANCH BULK Monthly Bundle Fee R6 500 R5 250 Monthly Bundle Value R1 000 000 R1 000 000 All deposits below R55 000 will be charged as Cash deposits less than R55 000 R55 000 Minimum Fee R45 R45 Base Fee R10 R5 Fee per R100 or part thereof R1.95 R1.75 All deposits that exceed the monthly cash deposit bundle will be charged as: Base Fee R10 R5 Fee per R100 or part thereof R0.75 R0.60
6 TIER VOLUME 0 SPONSORED 1 SPONSORED 2 SPONSORED TRANSACTIONS TRANSACTIONS TRANSACTIONS 1 1 30 R11.15 R19.70 R28.50 2 31 100 R10.50 R18.50 R25.90 3 101 250 R9.85 R17.25 R24.60 4 251 1 000 R8.05 R16.05 R23.45 5 1 001 + R6.75 R14.80 R22.15 Reversal of incorrect ewallet Pro transaction Reversal of incorrect ewallet Pro transaction fee HOW TO CALCULATE YOUR EWALLET PRO S With ewallet Pro, you can sponsor up to two ATM withdrawals per payment for your recipients. R50 Pricing is determined on a tiered basis, as per the table above, clients processing large numbers of transactions will enjoy discounted fees when their volumes increase. Billing takes place at the end of each month. 6 These rates are applicable to Enterprise only.
The Attorney s Trust and General Trust accounts are only available to clients whose profession requires them to hold funds on behalf of a third party, such as attorneys, sheriffs of the court, accountants, debt collectors, estate agents and managing agents. They are required to hold a business account as well as a separate trust account to hold third party funds. These accounts are available on a, whereby you pay a monthly account fee and each transaction is charged for separately as per the table to follow. Transactions not mentioned in the table below will be charged at the standard Pay-As-You-Use rate and general transaction fee rates as quoted in this guide. TRANSACTION DESCRIPTION Monthly fees monthly fee Cheques issued Cheque service fee (per cheque) R64.50 Cash withdrawals FNB branch and FNB Bulk Cash Centres Cheque service fee (min R25) + cash handling fee Cash handling fee at FNB branch Value per withdrawal R52
TRANSACTION DESCRIPTION R0 R4 999.99 R5 000 R9 999.99 R10 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater Cash handling fee at FNB Bulk Cash Centres Value per withdrawal R0 R4 999.99 R5 000 R9 999.99 R10 000 R14 999.99 R15 000 R49 999.99 R50 000 R149 999.99 R150 000 and greater TRANSACTION DESCRIPTION R3.22 per R100 or part thereof R2.19 per R100 or part thereof R1.71 per R100 or part thereof R1.57 per R100 or part thereof R1.30 per R100 or part thereof R2.50 per R100 or part thereof R1.76 per R100 or part thereof R1.42 per R100 or part thereof R1.25 per R100 or part thereof R1.05 per R100 or part thereof R0.92 per R100 or part thereof Deposits Cheque deposit at FNB branch (per deposit) R26.75 + R2 per cheque (max R100) Cash deposits FNB ATM with Deposits/Bulk Deposit Acceptor Cash deposit fee at FNB branch R3.95 + R0.54 per R100 or part thereof
TRANSACTION DESCRIPTION Minimum fee per deposit Fee based on value per deposit Cash deposit fee at FNB Bulk Cash Centres Minimum fee per deposit Value per deposit R0 R4 999.99 R5 000 R9 999.99 R10 000 R14 999.99 R15 000 R49 999.99 R50 000 R149 999.99 R150 000 and greater Penalty fees Inward unpaid fee R25 R8.40 + R1.21 per R100 or part thereof R25 R5 + R2.85 per R100 or part thereof R5 + R1.69 per R100 or part thereof R5 + R1.25 per R100 or part thereof R5 + R1.09 per R100 or part thereof R5 + R0.92 per R100 or part thereof R5 + R0.80 per R100 or part thereof R120
The is suited to Healthcare Practitioners that have a practice number. This Account provides a gateway to a holistic offering to meet the healthcare practitioners banking requirements, both personally and for their practice. It provides a flexible and simple way to conduct all business transactions and pay for day-to-day operations. You can choose between the Pay-As-You-Use (PAYU) pricing option or one of our two. PRACTICE ACCOUNT OPTION 1 OPTION 2 Monthly fee R265 R385 Electronic debit transactions 1 Cash deposited at FNB ATM with Deposits only Electronic Pay & Clear Now Transactions 30 transactions which include a maximum of 5 FNB ATM cash withdrawals cash deposits up to R50 000 per month Items above the transaction threshold limits will be charged as follows: 3 POS Purchases Electronic Transfers Prepaid Purchases Balance Enquiries (POS) 50 transactions which include a maximum of 10 FNB ATM cash withdrawals cash deposits up to R100 000 per month PRACTICE ACCOUNT OPTION 1 OPTION 2 Electronic debit transactions 1 R18 R17 Electronic Pay & Clear Now R37.50 R37.50 Cash deposited at FNB ATM with Deposits only R3.95 + R0.60 per R100 or part thereof R3.95 + R0.55 per R100 or part thereof 1 Debit transactions include all payments done via and FNB ATMs, excluding all cheque and branch transactions, Pay & Clear Now, transactions using EnterpriseTM, and other banks ATMs. These and other fees are charged for at Pay-As-You-Use rates as quoted in this guide.
FNB is proud to offer you a Shari ah-compliant with similar features, pricing, rewards and benefits to a. Other Islamic Business product offerings include: Islamic Term Deposit Islamic Commercial Property Finance For more information, contact the Islamic Banking Service Suite on 087 578 6786. Islamic Vehicle and Asset Finance Earn a monthly profit share on your free Islamic linked Savings Account
Choose from a range of savings and cash investment solutions that cater for multiple business investment goals, including solutions that offer instant or quick access, access after placing notice, or access after a fixed term. Savings and cash investments, offer peace of mind as there is no risk given that capital and quoted returns are 100% guaranteed. Access your money quickly These accounts are suited to businesses that require instant or quick access to their savings, while still having the flexibility to add money at any time. Fees that apply to your accounts Money on Call 7 Get instant access to your money in case of emergencies or unexpected expenses. MONEY ON CALL 7, CALL ACCOUNT 8, PRODUCT MONEY MARKET INVESTOR 8, MONEY MARKET TRANSACTOR 8 Monthly account fee Monthly fee for card 9 Subscription fees (per month), Telephone Banking, Cellphone Banking, InContact Pro Balance enquiries FNB ATM and Telephone Banking (IVR) FNB branch and Telephone Banking (consultant assisted) R5.50 Other banks ATMs R5.50 7 No new or replacement cards will be issued. 8 Not available for new sales 9 No new or replacement cards will be issued.
PRODUCT Payments and transfers Linked account transfers and electronic transfers Consultant-assisted transfers (FNB branch, Telephone Banking) Account payments Electronic payments Consultant-assisted payments (FNB branch, Telephone Banking) Issue of bank cheques (per cheque) Pay and Clear now Cash withdrawals FNB Slimline ATM (withdrawal limits may apply) Other banks Mini-ATMs MONEY ON CALL 7, CALL ACCOUNT 8, MONEY MARKET INVESTOR 8, MONEY MARKET TRANSACTOR 8 R65 R50 R65 R110 R95 R1.85 per R100 or part thereof R8 + R1.85 per R100 or part thereof FNB ATM Other banks ATMs International ATM cash withdrawals 10 International branch cash withdrawals 10 R1.85 per R100 or part thereof R8 + R1.85 per R100 or part thereof R65 R1.90 per R100 or part thereof (min R60) FNB branch Cheque service fee (min R50) + cash handling fee 7 No new or replacement cards will be issued. 8 Not available for new sales. 10 International currency commission and conversion fee of 2.75% of the transaction value applies.
PRODUCT Cash handling fee at FNB branch value per withdrawal R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater Cheque deposits MONEY ON CALL 7, CALL ACCOUNT 8, MONEY MARKET INVESTOR 8, MONEY MARKET TRANSACTOR 8 R3.22 per R100 or part thereof R2.19 per R100 or part thereof R1.81 per R100 or part thereof R1.68 per R100 or part thereof Cheques deposited at FNB branch or FNB ATM with Deposits R45 + R5 Per Cheque (max R100) Cash deposits Minimum value per deposit R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater FNB ATM with Deposits/Bulk Deposit Acceptor Statements Mini-statements (FNB ATM and Cellphone Banking) Emailing and downloading of historical statements (older than 3 months, per statement) R45 R8.40 + R3.09 per R100 or part thereof R8.40 + R1.66 per R100 or part thereof R8.40 + R1.55 per R100 or part thereof R8.40 + R1.31 per R100 or part thereof R3.95+ R0.80 per R100 or part thereof R3 R6.50 Provisional statement (FNB branch, Telephone Banking, per page) R15.50 7 No new or replacement cards will be issued. 8 Not available for new sales.
PRODUCT Other fees Inward unpaid fee Deposit of post-dated cheque (per cheque) Effects not cleared upliftment fee Special clearance fee MONEY ON CALL 7, CALL ACCOUNT 8, MONEY MARKET INVESTOR 8, MONEY MARKET TRANSACTOR 8 R120 R120 R100 per R10 000 or part thereof (min R500, max R5000) R115 7 No new or replacement cards will be issued. 8 Not available for new sales.
Access your money after placing notice These accounts are suited to businesses that require access to their money after a notice period, while still having the flexibility to add money at any time. 48 Hour Cash Accelerator Earn a great rate while getting quick access to your investment. 7 Day Notice Access your money after seven days notice. 32 Day Flexi Notice Access your money after 32 days notice, at no cost or sooner at a cost. 32 Day Cash Intelligence Index This solution is ideal for investing larger sums of money. It tracks the daily performance of a portfolio of money market instruments in South African Rand. Access your investment after 32 days notice. Access after a fixed period These accounts are suited to businesses that only require access to their investment after a fixed period. Fixed Deposit An investment account with a fixed term, typically giving you a higher interest rate than investments available overnight or after notice. Flexi Fixed Deposit An investment with a fixed term, with the option of accessing a portion of your savings after 24 hours.
Fees that apply to your accounts PRODUCT Monthly account fee 48 HOUR CASH ACCELERATOR 7 DAY NOTICE 32 DAY FLEXI NOTICE 32 DAY INTEREST PLUS 11 32 DAY CASH INTELLIGENCE INDEX FLEXI FIXED DEPOSIT FIXED DEPOSIT Subscription fees, Telephone Banking, Cellphone Banking, incontact Pro Balance enquiries FNB ATM and Telephone Banking (IVR) FNB branch and Telephone Banking (consultant assisted) R5.50 Other banks ATMs R5.50 Linked account transfers Electronic transfers FNB branch and Telephone Banking (consultant assisted) As per terms and conditions As per terms and conditions 11 Not available for new sales
PRODUCT 48 HOUR CASH ACCELERATOR 7 DAY NOTICE 32 DAY FLEXI NOTICE 32 DAY INTEREST PLUS 11 32 DAY CASH INTELLIGENCE INDEX FLEXI FIXED DEPOSIT FIXED DEPOSIT Payments Electronic payments FNB branch and Telephone Banking (consultant assisted) Deposits As per terms and conditions As per terms and conditions Cheque deposits (FNB branch) Cheque deposits (FNB ATM) FNB ATM with Deposits/ Bulk Deposit Acceptor Cash deposit fee at FNB branch R45 + R5 per item (max R100) R45 + R5 per item (max R100) R3.95 + R0.80 per R100 or part thereof - R45 + R5 per item (max R100) - - Minimum fee per deposit R45 - R45 Value per deposit R0 R4 999.99 R8.40 + R3.09 per R100 or part thereof R5 000 R14 999.99 R8.40 + R1.66 per R100 or part thereof - R8.40 + R3.09 per R100 or part thereof - R8.40 + R1.66 per R100 or part thereof 11 Not available for new sales
PRODUCT 48 HOUR CASH ACCELERATOR R15 000 R49 999.99 R8.40 + R1.55 per R100 or part thereof 32 DAY 32 DAY 32 DAY CASH FLEXI 7 DAY FLEXI INTEREST INTELLIGENCE FIXED NOTICE NOTICE PLUS 11 INDEX DEPOSIT - R8.40 + R1.55 per R100 or part thereof FIXED DEPOSIT R50 000 and greater R8.40 + R1.31 per R100 or part thereof - R8.40 + R1.31 per R100 or part thereof Statements Transaction history/detailed balance enquiry () Provisional statement (FNB branch, Telephone Banking, per page) Other fees R15.50 Early redemption fee - - As per terms and conditions 11 Not available for new sales
32 DAY FLEXI NOTICE Withdrawal costs Notice period (in days) Withdrawal cost = % of withdrawal amount Minimum withdrawal cost applicable 32 days 22 31 days 0.5% R50 15 21 days 1.0% R50 8 14 days 2.0% R50 1 7 days 3.0% R50 Notice fees FNB branch and Telephone Banking (consultant assisted) R65, FNB ATM, Cellphone Banking, FNB Banking App
12 For a minimal monthly fee, you receive the following: 10 10 free transactions per month if you have a balance of at least R8 000 in your Business SuperSave Account throughout the month. These transactions do not include cash deposits, cheque deposits, cash handling fees, special instructions or penalty fees. Fees that apply to your account TRANSACTION DESCRIPTION balance enquiries via, FNB ATMs, Cellphone Banking and the FNB Banking App. Monthly account fee R5.50 Subscription fees, Telephone Banking, Cellphone Banking, InContact Pro Balance enquiries Other banks ATMs R5.50 Cash withdrawals FNB branch Cheque service fee (min R50) + cash handling fee Cash handling fee at FNB branch Value per withdrawal R0 R4 999.99 R5 000 R14 999.99 R15 000 R49 999.99 R50 000 and greater R3.22 per R100 or part thereof R2.19 per R100 or part thereof R1.81 per R100 or part thereof R1.68 per R100 or part thereof 12 Not available for new sales
TRANSACTION DESCRIPTION Deposits Cheque deposits Cheques deposited at FNB branch or FNB ATM with Deposits R45 + R5 Per Cheque (max R100) Cash deposits FNB ATM with Deposits and FNB ATM with envelope deposit/bulk Deposit Acceptor Other fees Inward unpaid fee Deposit of post-dated cheque (per cheque) Effects not cleared upliftment fee R5.50 + R1.35 per R100 or part thereof R120 R120 R100 per R10 000 or part thereof (min R500, max R5 000)
Enterprise TM Enterprise TM is an Internet-based, sophisticated digital banking solution designed to meet the needs of medium and large businesses. You can use Enterprise TM to meet your business needs for: Dual administration of your online profile that will eliminate risks of single level controls. Making your audit process as simple as making a payment with the new, exciting DocTrail functionality. Segregation of duties for users, capturers and authorisers. Setting how many authorisations are required to process financial transactions. Future dating and authorising financial transactions up to 12 months in advance. Real-time payments to recipients who bank with FNB. Same-day value for payments to all banks if authorised before cut-off times. Collections offering same-day, two-day or NAEDO service types. Referencing for all transactions to recipients. Payment notifications sent by fax, SMS or email. Verifying account ownership of your recipients across participating banks, in batch or real-time. Flexible statement options, including formats and delivery options. Sixty days transaction history on your FNB accounts. Customised user access to specific accounts. A multi-layered approach to security, including use of digital certificates. Event logs to monitor user activity online. SARS efiling payments. Customisable billing to account level or to a nominated account. Discounting financial and non-financial transactions based on volumes processed, enabling cost efficiencies. Creating your own ewallet Pro contract, enabling the set up and payment to ewallet recipients in real-time.
With Enterprise, you pay no monthly access fee and the first two users are free, thereafter you will pay: R50 per user for the next 10 users (3 12 users). Transacting is tiered the more you transact, the cheaper it gets. ELECTRONIC THIRD-PARTY PAYMENTS TRANSACTION VOLUME TABLE Financial transaction volumes electronic third-party payments Pricing per transaction (VAT incl) Up to and including 30 R9.10 31 up to 250 R8.18 251 up to 1 000 R5.79 1 001 up to 10 000 R4.62 Greater than 10 000 R3.17 HOW TO CALCULATE YOUR S You will be charged R9.10 per transaction for the first 30 transactions, R8.18 per transaction for the next 220 transactions, R5.79 per transaction for the subsequent 750 transactions and so forth. For example, if you do 153 transactions in a month your calculation will be the sum of (R9.10 x 30) + (R8.18 x 123). Clients making large numbers of transactions will enjoy significant discounts as their volumes increase.
TRANSFERS Electronic transfers Pay & Clear Now ( and FNB branch, participating banks only) Payments under R5-million Payments over R5-million Payments under R5-million ( and FNB branch) (RTC participants) 13 Enquiry non-financials transaction history enquiries, scheduled exports of transaction history, restoring of archived/ deleted batches, stop cheque enquiries, transaction detail search, search recipients payment history Transaction volumes per month Up to and including 30 R4 R60 R57 R45 Pricing per transaction 14 (VAT incl) Greater than 30 R1.43 HOW TO CALCULATE YOUR S Your first 30 transactions will be free. Thereafter, you will be charged R1.43 per transaction. For example, if you do 1 153 transactions in a month your calculation will be the sum of (R0 x 30) + (R1.43 x 1 123). 13 Only for RTC participants Absa, FirstRand Bank, Nedbank, Standard Bank SA, Capitec, Bidvest Bank, African Bank. 14 These fees are charged per transaction per band.
Enterprise TM Bundle There are three bundle pricing options to choose from. With these options, you are charged a monthly fee upfront for your online banking transactions and do not have to monitor your transaction fees each month, but we ask that clients verify the transactions and costs on their statements. Per-item billing will only commence once the stipulated limit has been reached. All transactions and their associated costs (where applicable) can be verified on your monthly statement. TRANSACTION DESCRIPTION OPTION 1 OPTION 2 OPTION 3 Monthly Fee R1 650 R2 695 R4 450 Payments 150 300 600 Pay & Clear Now 10 10 15 Transfers Unlimited Unlimited Unlimited Non-Financials 100 150 200 Items above the transaction threshold limits will be charged as follows Payments R8.25 R7.95 R7.45 Pay & Clear Now R37.50 R37.50 R37.50 Non-Financials R1.90 R1.70 R1.50 OTHER TRANSACTION S PAYABLE Monthly fees Collections modular fee R541 Delivery mechanism of selected data by FTP or Xcom R217 Cash management Cash management fee R835 Cash management reports per scheduled export R17.10 Notification of cash management structure change by SMS R1.25
OTHER TRANSACTION S PAYABLE Notification of cash management structure change by email R0.85 Target balancing transfer Service fee Statements Emailing of current monthly statement (plus optional workable data files) Emailing and downloading of historical statements (older than 3 months, per statement) R6.50 Scheduled exports of interim and final statements per account per month 15 minutes R230 Hourly R114 Daily R53 Weekly R24 Twice weekly R14 Once-off set-up fee Set-up fee Support and training fees User training On-site at client offices Charge per km Support fee (per client request only) Charge per hour R690 Charge per km R4.03
OTHER TRANSACTION S PAYABLE Data storage Transaction history/statements, storage of transfers, unnominated, nominated payments and collection batches Data storage modular fee 60 days Data storage modular fee 90, 120, 150 and 180 days (180 days only applicable to transaction history and statements, recommended to enhance access to information linked to your business) Other non-financial transactions Batch authorisation alert by SMS R1.25 Batch authorisation alert by email R0.85 Payment notification by SMS R1.25 Scheduled payment alert by SMS R1.25 Payment notification by email R0.85 Scheduled payment alert by email R0.85 Payment notification by fax R6.35 Account verification (batch) R3.67 Account verification (real-time) R3.18 Account verification (notification by SMS) R1.25 Account verification (notification by email) R0.85 Other fees Reversal of processed EFT (successful or unsuccessful) Query of a disputed item Query fee per transaction older than 3 months Reactivation per administrator Stop payment instructions Deletion of stop payment for cheques R7.87 R112 R281 R281 R111 R223 R5
OTHER TRANSACTION S PAYABLE Stop debit order Cheque image per cheque Export of archived billing report (current month free) R7.87 Download of detailed user report R7.87 Import of user permissions R17.10 Accession document completion for additional account (linking existing profile per entry) Letters to the embassies for VISA applications (letter issue if is purchased through FNB) Account Confirmation Letter Recipient maintenance done by client support (adding, maintaining, deleting) Per recipient File upload Personal security key token/s issued (per token, excl delivery) Certificate (per issue) Annual certificate renewal fee Initiation of settlement limit changes (per request) Client set-up R5 R154 R30 R10 R32 R488 R154 R125 Initial hierarchy set-up Hierarchy maintenance done by client support Special once-off client set-up request Subsequent hierarchy maintenance (per request) R690 R690 R154
OTHER TRANSACTION S PAYABLE Profile maintenance done by client support First 5 users (per user) R17.10 Next 10 users (6 15, per user) R24 Next 15 users (16 30, per user) R37 Each subsequent user (>30, per user) R59 ewallet payments Once off R13.50 Bulk payments R13.50
for Business Single Level Control for Business is an Internet-based, sophisticated digital banking solution designed to meet the needs of small to medium businesses with the need for single-level control. You can use for Business to meet your business needs for: Enhancing the security of using a One Time PIN. Customised permissions to specific accounts for up to five users. Setting up and maintaining payment recipients online. Recurring payments to automatically pay recipients. Future dating and authorising financial transactions up to 12 months in advance. Real-time payments to recipients who bank with FNB. Pay & Clear Now payments (RTC) to recipients at participating banks. Same-day value for payments to all banks if authorised before cut-off times. Referencing for all transactions to recipients. Payment notifications sent by fax, SMS or email. Sixty days transaction history on your FNB accounts. Share investing online. Purchasing of prepaid airtime and electricity. SARS efiling payments. Setting up of My Balance and My Limit Alerts. Managing your overdraft facility. for Business is a simple, convenient and secure way of doing your banking, and your subscription is free. This option caters for up to five users with customised permissions to specific accounts.
ELECTRONIC THIRD-PARTY PAYMENTS TRANSACTION VOLUME TABLE Financial transaction volumes electronic third-party payments Pricing per transaction (VAT incl) Up to and including 30 R9.10 31 up to 250 R8.18 251 up to 1 000 R5.79 1 001 up to 10 000 R4.62 ELECTRONIC THIRD-PARTY PAYMENTS TRANSACTION VOLUME TABLE Greater than 10 000 R3.17 HOW TO CALCULATE YOUR S You will be charged R9.10 per transaction for the first 30 transactions, R8.18 per transaction for the next 220 transactions, R5.79 per transaction for the subsequent 750 transactions and so forth. For example, if you do 153 transactions in a month your calculation will be the sum of (R9.10 x 30) + (R8.18 x 123). Clients making large numbers of transactions will enjoy significant discounts as their volumes increase.
TRANSFERS Electronic transfers R4 Pay & Clear Now ( and FNB branch, participating banks only) Payments under R5-million R60 Payments over R5-million R57 Payments under R5-million ( and FNB branch) (RTC participants) 15 R45 Statements Emailing of current monthly statement (plus optional workable data files) Transaction history/detailed balance enquiry () Emailing and downloading of historical statements (older than 3 months, per statement) R6.50 Stop payment instructions R5 Beneficiary notification of payments Email R0.85 SMS R1.25 Fax R6.35 15 Only for RTC participants Absa, FirstRand Bank, Nedbank, Standard Bank SA, Capitec, Bidvest Bank, African Bank.
Connect you and your business to the world FNB Business offers a range of solutions to suit your needs; whether you are travelling, sending or receiving money globally, managing imports and exports, or require specialised advice from an Exchange Control point of view. FNB Business makes it secure and convenient to transact around the world. Sending and receiving money from abroad Transact internationally with Global Payments from FNB. Whether you are purchasing products or paying for services from another country, we ll simplify the process to make sure you have more time to manage your business. Transact and manage your Global Payments via. Save beneficiaries, upload documents and view payment history online, making it easier for you to transact anywhere, anytime. Using the global SWIFT system, funds can be sent to or from your account from anywhere in the world securely and quickly. Global Payments are traceable from the time they leave your account. FNB s Top-Up Service with PayPal allows you to top up funds to a PayPal account from a qualifying FNB account you don t need a credit card to shop online. FNB s Withdraw Service with PayPal allows South Africans to withdraw funds from a PayPal account to any South African bank account. Import and export solutions when transacting globally Get access to structured payment solutions that could protect you from foreign exchange rate fluctuations, sovereign performance, financial and delivery risks when importing and exporting. Some of our structured payment solutions and trade products when importing and exporting include: Documentary Credit (Letter of Credit), Foreign Bills for Collection, Foreign Guarantees, as well as Business Global Accounts (CFC) and Forward Exchange Contracts to assist with exchange rate fluctuations. Our Business Global Account (CFC account) is specifically designed for South African businesses which handle import and export transactions or are service providers receiving or making regular foreign currency payments. This account also offers hedging capabilities, which can help businesses manage currency risk.
Travelling abroad for business or pleasure With you can now order cash in the currency of the country you are travelling to, as well as a Multi-currency Cash Passport TM (prepaid travel card) in any of the four major currencies available on the card: US Dollars, Australian Dollars, Euros or Pounds. Top up your funds by reloading your existing Multicurrency Cash Passport TM online before you go, and you can even top up while travelling. Pay in advance for your travel arrangements such as hotel reservations, conferences or car hire with our Global Payments solution available via Online Banking. Your Omnibus Travel Facility allows individual representatives who are travelling for business purposes to travel using the business facility, thus eliminating the need to use the individual s annual single discretionary allowance (which includes travel allowance) in their individual capacity. Did you know we can deliver your Foreign Exchange to you? Simply select delivery when you order foreign exchange online or if you prefer, you can collect from your nearest FNB branch. Get rewarded Earn ebucks on transaction charges when you send or receive foreign currency payments online. 16 For more information on our solutions, contact the Advisory Team on 0860 1 FOREX (36739) or visit. 16 Subject to standard ebucks earn rules. Terms and conditions apply.
INTERNATIONAL PAYMENT SOLUTIONS ONLINE BANKING CALL CENTRE/BRANCH/ BANKER Global Payments and Receipts (SWIFT) Global Payments (sending money) Commission 17 SWIFT fee Global Receipts (receiving money) Commission 17 0.55% (min R165, max R750) 0.55% (min R165, max R750) R120 0.58% (min R185, max R800) 0.58% (min R185, max R800) OTHER SOLUTIONS ONLINE BANKING CALL CENTRE / BRANCH/BANKER Business Global Accounts (CFC) Transfer from Business Global Account to Rand Account Transfer from Rand Account to Business Global Account Exchange Control applications to the SARB - - Minimum fee (per application) - R1 800 Trade services 17 An additional fee of R150 will be charged if a payment is sent abroad or received from abroad in Rand.
OTHER SOLUTIONS ONLINE BANKING CALL CENTRE / BRANCH/BANKER Foreign Guarantees, Foreign Bills for Collection, Letters of Credit, other trade services - Contact your Business Banker INTERNATIONAL PAYMENT SOLUTIONS ONLINE BANKING CALL CENTRE / BRANCH/BANKER Foreign cheques Drafts issued (bank cheque drawn in foreign currency to be deposited at an overseas bank) Commission - 1.60% (min R265, max R1175) Draft fee - R130 Bills negotiable (foreign cheques received) Commission - 1.45% (min R265, max R1 175) TRAVEL SOLUTIONS ONLINE BANKING CALL CENTRE/BANKER BRANCH Travel products bought from FNB Multi-currency Cash Passport TM Initial card fee R80 R110 R200 Additional card (optional) - R55 Commission (load or reload) 1.90% (min R55) 2.00% (min R80) 2.10% (min R100) Foreign notes Commission 2.00% (min R75) 2.10% (min R95) 2.20% (min R110)
TRAVEL SOLUTIONS ONLINE BANKING CALL CENTRE/BANKER BRANCH CMA notes (Lesotho, Namibia, Swaziland) Commission 3.40% (min R120) Delivery R0.00 - R24 999.99 R225 R25 000+ Travel products sold to FNB Multi-currency Cash Passport TM Cash out (if credited to an FNB transactional account) Cash out (if paid out in cash or credited to any other account) Foreign notes - 2.00% (min R80) 2.10% (min R100) Commission - 2.20% (min R110) CMA notes (Lesotho, Namibia, Swaziland) Commission - 3.40% (min R120)
PayPal PayPal is a global payment service to receive payments and pay online for goods and services, without sharing financial information. It s safe, easy to use, fast and more convenient than ever before. Note: The 1.5% top-up and withdrawal commission will be replaced with the new tiered pricing structure. PAYPAL PRODUCT Express Checkout Invoicing/ Request Payment Subscription/ Billing Agreement What s new? FNB and PayPal introduced a tiered pricing structure to replace the current 1.5% charge on all FNB Top-Up and Withdraw transactions. This means you will be able to top-up or withdraw for as little as 0.8% depending on your previous month s transactional value*. Here s how the fee structure works: TIER S INCL. VAT TOTAL MONTHLY TOP-UP AND WITHDRAW VALUE* 1.50% 0 1.50% $ 0 - $3 000 1 1.35% $ 3,001 - $10 000 2 1.25% $ 10,001 - $50 000 3 1.00% $ 50,001 - $100 000 4 0.80% $ 100,001 Please note that the new structure applies specifically to FNB s Top-Up and Withdrawal service with PayPal. The PayPal transactional charges and currency conversation fees will stay the same.
WHAT IS THE FNB WITHDRAW SERVICE? It allows customers to withdraw funds received into a PayPal account to their FNB or any linked South African Rand bank account. For more information, contact the FNB PayPal helpdesk on 087 572 9725 and refer to www.paypal.com for additional PayPal fees. A Business Credit Card is the ideal transactional mechanism that provides access to low-cost and flexible credit, in addition to many benefits to your business. BUSINESS CREDIT CARD S Black Platinum Gold Lodge Petro Card BUSINESS CREDIT CARD BENEFITS Credit card monthly rewards fee Comprehensive Global Travel Insurance Lost card protection InContact Pro (SMS or email) AA Emergency Roadside Assistance (Petro Card only) Cellphone Banking subscription (PER MONTH) R199 R89 R45 R45 R35
CELLPHONE BANKING Balance enquiry fee (single account) Balance enquiry fee (all accounts) ACCOUNT S FNB ATM balance enquiry Other banks ATMs balance enquiry Branch balance enquiry International balance enquiry Changes to account limits Voucher retrieval Local International CREDIT LIMIT S Clients with cheque or transactional accounts with FNB PAYMENTS AND PURCHASES Credit card purchases (local) Fuel transaction fee (linked Petro Card only) International currency commission and conversion fee (PER TRANSACTION) Fee (per transaction) R99 R290 (PER MONTH) 0.25% p.m. of total limit R5 2.75% of transactional value 17 An additional fee of R140 will be charged if a payment is sent abroad or received from abroad in Rand. 18 Includes all financial institution branches and the purchase of.
ELECTRONIC FUND TRANSFERS (PER TRANSACTION) Third-party payments (including IVR Smart payments) R9.10 Inter-account transfers R4 Transfers and payments at FNB branch R65 Telephone Banking (consultant assisted) R65 Pay2Cell fee R4.25 DEPOSITS FNB branch or FNB ATM with envelope deposit FNB ATM with Deposits R60 + R1.90 per R100 or part thereof R3.80 + R0.80 per R100 or part thereof CASH WITHDRAWALS FNB Slimline ATM (withdrawal limits may apply) R1.90 per R100 or part thereof Other banks Mini-ATMs R8 + FNB Mini-ATM fee FNB ATM R1.90 per R100 or part thereof Other banks ATMs R8 + FNB ATM fee FNB branch 18 R60 + R1.90 per R100 or part thereof International branch and ATM cash withdrawals 19 R60 + R1.90 per R100 or part thereof Budget withdrawals R60 + R2.75 per R100 or part thereof Cash@Till R1.40 Cardless cash fee R1.90 per R100 or part thereof
STATEMENT S Current monthly email/posted statement Dual statement (email and posted) Mini-statement (FNB ATM, printed) FNB branch statement (printed) Historical statements R29 R5 R5 per request + R1 per page thereafter (max R50) Printed statements OTHER S R5 per request + R1 per page thereafter (max R50) Declined transaction fee R8.50 Prepaid transaction fee R2.30 LOTTO/PowerBall purchases R2.30 Uncapped ADSL fee R2.30 Send Money to an FNB e Wallet (R20 - R3 000) R10.95 Reversal of incorrect send money to an FNB ewallet transaction Card replacement fee (one free per year) Card delivery to Home/Office Card delivery by appointment Card delivery to nearest FNB branch International Card delivery fee R55 R140 R150 R250 As per courier quote Section 129 Letter R59.79 Should you require further information on Business Credit Cards, contact our help desk on 011 369 2832 or 087 575 9426/7.
Remember the following points when deciding which of our solutions best suit your needs: FNB, a division of FirstRand Bank Ltd, reserves the right to change fees or introduce new fees from time to time. If we do this, we will give you at least 20 business days notice of these changes. You ll find changes on FNB s website or FNB ATMs, and/or on your bank statement. We strive to keep the information provided in the pricing guide as accurate as possible, and we will not be held responsible if an error or omission is found. You must apply for each facility or product we describe individually. The grant of any facility or product is subject to you meeting, and continuing to meet the criteria for that facility or product. Each facility or product has standard terms and conditions that apply to that facility or product. We agree to these terms and conditions with the applicant. If there is disagreement between the product or facility-specific terms and conditions and what is outlined in this pricing guide, we will follow the product or facility-specific terms and conditions that apply to such a facility or product. FNB reserves the right to change the features of any product or facility at any time. Fees quoted as per R100 include parts thereof Where Cellphone Banking is referred to, standard network rates apply. All fees quoted are VAT-inclusive and are effective from 1 July 2017. Standard To comply with Section 13 of the Code of Banking Practice (COBP) and to assist you in comparing our charges with those of other banks, we have used standardised terminology throughout this guide. For instances where we have used FNB-specific terminology, we have added the table to follow indicating the appropriate standardised terminology that may be used by other banks.
Glossary of Terms FNB TERM (AS USED IN GUIDE) Card purchase Scheduled payment Scheduled transfer Payment honouring fee FNB electronic banking channels Contact Us For more information on our business banking solutions: Contact your Business Banker Visit and click on the For My Business tab Call 0877 FNB 247 Terms, conditions and rules apply. STANDARD TERMINOLOGY Card transaction Stop order to third party Stop order to one of your own accounts at the same bank A service fee charged for each payment honoured where there is not enough money in your transactional account, Cellphone Banking, FNB ATMs, Telephone Banking Interactive Voice Response (IVR)