BANKING - Products & services · PDF filefor safe, secure banking and stock transactions – anytime, anywhere. Enjoy an exclusive concierge ... (VAT INCLUSIVE 14%) BALANCE ENQUIRIES

BANKING FEE SCHEDULE 2017

2NEDBANK PRIVATE WEALTH - FEE SCHEDULE 2017 < BACK | NEXT >

Product Suite (current account) 06

Cards 15

Pay-As-You-Use (current account) 22

Money Market Investment Account 32

Home Loan 45

Vehicle and Asset Finance 49

Foreign Exchange 51

Structured Lending 58

Letter of Guarantee 62

CONTENTS


ADDITIONAL BENEFITS

ENJOY YOUR CARD REWARDS

ACCESS YOUR WEALTH

Access our client service suite 24 hours a day, seven days a week, 365 days a year.

Earn Greenbackspoints every time youuse your NedbankPrivate Wealth chequeor credit card. Accessyour NedbankGreenbacks pointsas cash.*

Nedbank App SuiteTM allowsfor safe, secure banking and stock transactions – anytime, anywhere.

Enjoy an exclusive concierge service travel desk as an American Express® Platinum Cardholder to take care of your lifestyle and travel needs, including: Fine-dining reservations | Travel arrangements (booking flights, cruises, accommodation and car rentals) | Membership Rewards® redemptions | Foreign currency for your destination(s).

Enjoy a personal and close relationship with yourdedicated private banker.

Get free access to Bidvest lounges at major domestic South African airports, tointernational lounges through Priority PassTM and AmericanExpress®.

Consolidated viewTM lets you view all your wealth, from around the globe, in one place.

Get free travelinsurance.*

Earn MembershipRewards® every time you use your American Express® Card.*

https://www.nedbankprivatewealth.co.za/south-africa/transactional-product-suite




https://www.nedbankprivatewealth.co.za/south-africa/banking

https://www.nedbankprivatewealth.co.za/south-africa/banking

https://www.nedbankprivatewealth.co.za/south-africa/consolidated-view


https://www.nedbank.co.za/content/nedbank/desktop/gt/en/personal.html


ADDITIONAL BENEFITS (CONTINUED)

SAFE AND SECURE

SMS notifications of your card and current account transactions mean more secure banking. Approve-itTM ensuresyour internet banking and online card purchases are secure and gives you complete control over your transactions through your cellphone.

To find out more about the services and solutions we offer you, our valued client, visit nedbankprivatewealth.co.za or contact us 24 hours a day, seven days a week, 365 days a year on 0860 111 263.

Nedgroup Private Wealth (Pty) Ltd (Reg No 1997/00963/07), trading as Nedbank Private Wealth, is an authorised financial services provider and registered credit provider through Nedbank Ltd, and a member of JSE Ltd through Nedgroup Private Wealth Stockbrokers (Pty) Ltd.

S O U T H A F R I C A | U N I T E D K I N G D O M | U N I T E D A R A B E M I R AT E S | J E R S E Y | G U E R N S E Y | I S L E O F M A N

*Terms & Conditions Apply


NEDBANK LIMITED (REGISTRATION NUMBER 1951/000009/06). AUTHORISED FINANCIAL SERVICES PROVIDER. REGISTERED CREDIT PROVIDER IN TERMS OF THE NATIONAL CREDIT ACT(NCR REGISTRATION NO NCRCP16). WE SUBSCRIBE TO THE CODE OF BANKING PRACTICE OF THE BANKING ASSOCIATION OF SOUTH AFRICA AND, FOR UNRESOLVED DISPUTES,SUPPORT RESOLUTION THROUGH THE OMBUDSMAN FOR BANKING SERVICES. A MEMBER OF THE OLD MUTUAL GROUP.

CURRENT ACCOUNT RELATED FEES 2016 2017

Monthly Maintenance fee - Platinum PackageMonthly Maintenance fee - Pay-as-you-useMonthly Maintenance fee - Gold PackageOverdraft feeCheque Encashment

Post dated chequesIn branch cash withdrawalsCheque deposits In branch cash deposits - Platinum Package

Send iMaliInternational cash withdrawalPoint of sale transactions - Pay-as-you-useInternal debit order - Pay-as-you-use

R363,00 R105,00 R84,00 R40,00 R35.00 + R1.32 per R100 or part thereof in addition to cheque service fee

R35.00 + R1.32 per R100 or part thereof R15,00First 5 free per month thereafter R7.00 + R1.32 per R100 or part thereofR13.50 for values R1.00 to R1000.00R35.00 + R1.32 per R100 or part thereofR4,50R6,00

R384,00 R112,00 R89,00 R45,00 R40.00 + R1.40 per R100 or part thereof in addition to cheque service feeR90,00R40.00 + R1.40 per R100 or part thereof R120,00First 5 free per month thereafter R7.50 + R1.40 per R100 or part thereofR6,00 for values R1.00 to R1000.00R40.00 + R1.40 per R100 or part thereofR4,00R5,00

CARD RELATED FEES 2016 2017

Credit facility fee (Pay-as-you-use credit cards)Credit/Cheque cards - Decline at Point of sale Credit/Cheque cards - Decline at Nedbank ATMCredit/Cheque cards - Decline at other banks ATMCheque cards - Point of sale balance enquiry

R13,00 R7,50 R3,50 R5,00 R1,00

SNAPSHOT VIEW


CURRENT ACCOUNTFEE SCHEDULE 2017



Effective from 1 January 2017

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.

PRODUCT SUITE (CURRENT ACCOUNT)

PRODUCT SUITE FEE CHARGES (VAT INCLUSIVE 14%)

Monthly maintenance fee - Platinum Plan R384,00

Monthly maintenance fee - Gold Plan1 R89,00

Garage Debit Card - service fee R24,00




THE FOLLOWING SERVICES ARE PROVIDED FREE-OF-CHARGE

ANNUAL AND MONTHLY FEES PAYMENTS

Cheque card annual service feeNedbank Greenbacks rewards membership feeSelf-service banking subscription feee-Note monthly subscription fee

Stop order processing feesAutotransfer processing feesDebit order - external / internalCheque service fees (first 5 cheques per cycle are free)

IN-BRANCH TRANSACTIONS CARD TRANSACTIONS

Balance enquiryTransaction listingInter-account transfer

Card purchasesCard purchases and withdrawals at Point of Sale3

Fuel transaction fees/garage card transactions





SELF SERVICE STATEMENTS

All Nedbank ATM Transactions (excl. Denied transaction)

Balance enquiries at self-service terminalsTransaction list at self-service terminals Third party payments at self service terminals

Monthly A4 statementsCopy of statement (branch/fax/email)

DIGITAL TRANSACTIONS(includes internet, telephone, cellphone and SMS banking)

OTHER

Balance enquiryInteraccount transferThird-party paymentsTransaction list up to five yearsArchive image of deposit slip/chequeDigital transaction notifications (SMS, fax, email)

Card replacement feesReplacement of Nedbank ATM cardOrdinary cheque book - First free




THE SERVICES BELOW CARRY-A-CHARGE

OVERDRAFT FEE CHARGES (VAT INCLUSIVE 14%)

Monthly facility fee Once off initiation fee (for clients inside NCA)

Once off initiation fee (for clients outside NCA)

R45,001% of limit amount with minimum of R165,00 and maximum of R1 197,00.1% of limit amount with minimum of R165,00 and no maximum.

CASH TRANSACTIONS

Cash withdrawal at branchCash withdrawal at another bank’s ATM (SASWITCH)

Cash deposit (branch)

EasyPay deposit at Point of Sale3

International ATM cash withdrawal

R40,00 plus R1,40 per R100,00 or part thereofR7,00 plus R4,50 plus R1,40 per R100 or part thereofFirst 5 free per month, thereafter R7,50 plus R1,40 per R100,00 or part thereofR1,40 per R100,00 or part thereofR40,00 plus R1,40 per R100,00 or part thereof





CHARGEABLE TRANSACTIONS CHARGES (VAT INCLUSIVE 14%)

BALANCE ENQUIRIES

Another bank’s ATMInternational balance enquiryPoint of Sale

R5,00R5,00R1,00

IN-BRANCH TRANSACTIONS

Bank guaranteed chequeCheque depositsCheque enchashmentBank’s own chequeStop-payment instructionSpecial clearance of a cheque deposited in a branchImmediate clearance fee

R85,00R20,00R40,00 plus R1,40 per R100,00 or part thereofR85,00R50,00R100,00R100,00







Archive image of deposit slip/cheque/statement>90 days Manual payment fees:- Nedbank to Nedbank- Nedbank to other bank

R14,00

R60,00R100,00

SELF SERVICE

Denied transaction at Nedbank ATMCell phone top-up at another bank’s ATMDenied transaction at another banks ATMInternet banking: Third party instant payment

R3,50R5,00R40,00R6,00






OTHER FEES

Honouring feesDishonoured payment and unpaid cheques due to insufficient funds (incl debit/stop orders)Send iMali

Deposit book-standardOrdinary cheque book - pocket 40 left counterfoilCheque service fees

R110,00R110,00 increasing to R140,00 per item for the fourth and subsequent items within 12 monthsR6,00 for values R1,00 to R1 000,00R14,00 for values R1 001,00 to R2 500,00R33,00First free thereafter R50,00First 5 cheques per cycle free, thereafter service fees apply:R30,00 for values from R1,00 to R1 499,00R45,00 for values from R1 500,00 & above






OTHER FEES

Tax CertificatePreparation of security documentationLetter of AuthorityInternational currency conversion fee2

Postdated chequesLotto Payment FeePoint of Sale Declined Transaction

R346,50R170,00R50,002,00%R90,00R2,00 Plus Notification Fee4

R7,50

NOTES1. Please note that this product is being phased out and no new accounts will be opened. Should you wish to convert your current package to one we think will suit your needs better please contact your Private Banker.2. All foreign exchange transactions attract a currency conversion fee.3. These fees apply at all stores where cash at tillpoint is offered, including Pick ‘n Pay Group.4. These fees are determined based on notification method: Email R0,80, SMS R1,00, Fax R5,50


CARDSFEE SCHEDULE 2017





CARDS

CARD MEMBERSHIP FEES FEES (VAT INCLUSIVE AT 14%)

Monthly Card Service Fee - Nedbank Private Wealth Product Suite (Excluding garage card)1, 2

Monthly Card Service Fee - Pay-as-you-use plan - Nedbank Private Wealth Credit CardMonthly Card Service Fee - Pay-as-you-use plan - American Express® Platinum Charge CardMonthly Card Service Fee - Pay-as-you-use plan - Amercian Express Gold Charge Card2

Monthly Card Service Fee - supplementary cardsMonthly Card Service Fee - Garage Credit Card

Free

R53,00

R314,00

R53,00

FreeR24,00



CARDS

CARD MEMBERSHIP FEES FEES (VAT INCLUSIVE AT 14%)

Monthly Membership Rewards™ for American Express Gold Charge Card (linkage fee)Monthly Membership Rewards™ for American Express Platinum Charge Card (linkage fee)Monthly membership fee and annual enrolment fee NedbankGreenbacks Rewards for Nedbank Private Wealth credit cardsCredit Facility Fee10

Once-off initiation fee

R20,00 Free

Free

R13,00R188,00

TRANSACTION FEES FEES (VAT INCLUSIVE AT 14%)

PURCHASES

Card PurchasesFuel transaction fee

FreeR5,00



CARDS


CASH WITHDRAWALS

Over the counter - Nedbank branchNedbank ATMOther bank’s ATM

International cash withdrawals3

R40,00 plus R1,40 per R100R4,50 plus R1,40 per R100R7,00 plus R4,50 plus R1,32 per R100R40,00 plus R1,40 per R100

DEPOSITS

Cash (over the counter / at Nedbank ATM)

Cheque (over the counter / at Nedbank ATM)

R11,00 plus R1,40 per R100 (minimum R17,00)R20,00

TRANSFERS AND PAYMENTS

Interaccount transfer (internet and self-service terminal) R4,00



CARDS


TRANSFERS AND PAYMENTS

Manual payment fee5

Electronic payment (internet and self-service terminal)Transfer (Branch)

R60,00 per transactionR8,00R40,00

BALANCE ENQUIRIES

Branch (Nedbank)Nedbank ATM and self-service devicesOther bank’s ATM

FreeFreeR5,00

VALUE ADDED SERVICES

Transactional SMSInternet Banking - payment notification: SMSInternet Banking - payment notification: emailInternet Banking - payment notification: fax

FreeR1,00R0,80R5,50



CARDS


PENALTY CHARGES

Declined authorisation fee (POS Decline)8

Declined authorisation fee (Nedbank ATM Decline)8

Declined authorisation fee (Other bank’s ATM Decline)8

Dishonoured PaymentTracing FeeIncorrect Disputed Transaction Fee (local & international)

R7,50R3,50R5,00R90,00Up to R377,00R150,00

OTHER FEES

Currency conversion fee3

Special clearance of a cheque deposited in a branchMonthly internet banking subscription feeSame day card replacement and delivery service (local)4

Standard card replacements (issuing)Card delivery (local branch or courier deliveries to Nedbank Private Wealth Clients for Nedbank issued cards)6,7

2%R100,00FreeR375,00FreeFree



CARDS


OTHER FEES

Card delivery for lost/stolen (emergency) cardsBidvest lounge access at major South African airports (domestic)with credit card or charge card (card holder only)9

FreeUnlimited free visits,guests payable

NOTES1. Card service fees are included in the product suite’s monthly maintenance fee for the Nedbank Private Wealth cheque card, Nedbank Private Wealth credit card, American Express Platinum/Gold Charge Cards.2. The American Express Gold Charge Card is for existing cardholders only3. A currency conversion fee will apply to all foreign/cross border transactions4. Where applicable, and only available within South Africa5. Payment/transfer effected by Nedbank on instruction and on behalf of the client6. Standard delivery times apply.7. For International delivery, charges apply.8. Applicable where insufficient available credit/funds on the credit card/garage credit card facility.9. Access with Nedbank Private Wealth credit card or American Express charge cards.10. Only charged for Nedbank Private Wealth credit card/ garage credit card facility - pay-as-you-use plan.


PAY-AS-YOU-USEFEE SCHEDULE 2017





PAY-AS-YOU-USE

PAY-AS-YOU-USE FEE CHARGES (VAT INCLUSIVE 14%)

Monthly maintenance feeGarage Debit Card - service feeCheque Card - service fee

R112,00R24,00R169,00



PAY-AS-YOU-USE


ANNUAL AND MONTHLY FEES DIGITAL TRANSACTIONS(includes internet, telephone, cellphone and SMS banking)

Nedbank Greenbacks rewards membership feeSelf-service banking subscription feee-Note monthly subscription fee

Balance enquiryTransaction list up to five yearsArchive image of deposit slip/cheque

STATEMENTS OTHER

Monthly A4 statementsFirst copy of statement in branch/fax/email

Cheque Card replacement feesOrdinary cheque book - First free

SELF SERVICE SELF SERVICE

Balance enquiries at branchBalance enquires at Nedbank ATMBalance enquiry at Nedbank Self-Service Terminal

Cellphone topup at ATMTransaction list at self service terminal - first free Transaction list at ATM



PAY-AS-YOU-USE

THE SERVICES BELOW CARRY A CHARGE


OVERDRAFT FEE

Monthly facility fee Once off initiation fee (for clients inside NCA)

Once off initiation fee (for clients outside NCA)

R45,001% of limit amount with minimum of R165,00and maximum of R1 197,00.1% of limit amount with minimum of R165,00and no maximum.

CASH TRANSACTIONS

Cash withdrawal at a branchCash withdrawal at point of salePurchase and cash withdrawal at point of sale2

Cash withdrawal at a Nedbank ATMCash withdrawal at another bank’s ATM (Saswitch)

R40,00 plus R1,40 per R100,00 or part thereofR4,00R6,00R4,50 plus R1,40 per R100,00 or part thereofR7,00 plus R4,50 plus R1,40 per R100 or partthereof



PAY-AS-YOU-USE



BALANCE ENQUIRIES

At another Bank’s ATMInternational balance enquiryPoint of Sale balance enquiry

R5,00R5,00R1,00


Cheque depositCheque encashmentTransaction listCopy StatementInteraccount transferBank-guaranteed cheque

R20,00R40,00 plus R1,40 per R100,00 or part thereofR14,00R25,00 (First copy of statement is free)R20,00R85,00



PAY-AS-YOU-USE




Bank’s own chequeStop-payment instructionSpecial clearance of a cheque deposited in a branchImmediate clearance feeArchive image of deposit slip/cheque/statement> 90 days in branchManual payment fees:- Nedbank to Nedbank- Nedbank to other bank

R85,00R50,00R100,00R100,00R14,00

R60,00R100,00



PAY-AS-YOU-USE



CARD TRANSACTIONS

Card purchasesFuel transaction fee/garage card transactionPoint of sale decline transaction

R4,00R4,00R7,50

PAYMENTS CHARGES (VAT INCLUSIVE 14%)

Stop order processing feesAutotransfer processing feeDebit order - externalDebit order - internalAutomatic payment orderCheque service fees

R16,00R9,50R16,00R5,00R5,00R30,00 for values from R1,00 to R1499,00R45,00 for values from R1 500,00 & above



PAY-AS-YOU-USE



SELF SERVICE

Cash deposit at Nedbank Intelligent Depositor ATMCash deposit at Nedbank ATMInteraccount transfer at Nedbank ATMDenied transaction at Nedbank ATMCellphone top up at another bank’s ATMDenied transactions at another bank’s ATMThird party payments at self service terminalsInteraccount transfer at self service terminals

R3,50 plus R0,70 per R100,00 or part thereofR7,50 plus R1,40 per R100,00 or part thereofR4,00R3,50R6,00R5,00R8,00R4,00

DIGITAL TRANSACTIONS (INCLUDES INTERNET, TELEPHONE, CELLPHONE AND SMS BANKING)

Interaccount transfersThird party payments

R4,00R8,00



PAY-AS-YOU-USE



DIGITAL TRANSACTIONS (INCLUDES INTERNET, TELEPHONE, CELLPHONE AND SMS BANKING)

Third party instant paymentsInternet payment notification - SMSInternet payment notification - EmailInternet payment notification - FaxLotto Payment Fee

R40,00R1,00R0,80R5,50R2,00 plus notification fee

OTHER FEES

Honouring feesDishonoured payment and unpaid cheques due to insufficient funds (including debit/stop orders)Postdated chequesOrdinary cheque book - pocket 40 left counterfoil

R110,00R110,00 increasing to R140,00 per item for the fourth and subsequent items within 12 monthsR90,00First free, thereafter R50,00



PAY-AS-YOU-USE



OTHER FEES

Replacement of Nedbank ATM cardSend iMali

Deposit book - standardCertificate of balancePreparation of security documentationLetter of AuthorityInternational currency conversion fee1

R130,00R6,00 for values R1,00 to R1 000,00R14,00 for values R1 001,00 to R2 500,00R33,00R346,50R170,00R50,002,00%

NOTES1. All foreign exchange transactions attract a currency conversion fee.2. These fees apply at all stores where cash at tillpoint is offered, including Pick ‘n Pay Group.


MONEY MARKET INVESTMENTFEE SCHEDULE 2017





MONEY MARKET INVESTMENT

TYPE OF TRANSACTION/FEE CHARGES (VAT INCL 14%)BALANCE OF R20 000 OR MORE AND DEBITTRANSACTIONS OF R500 OR MORE

BALANCE OF LESS THAN R20 000 AND DEBIT TRANSACTIONS OFLESS THAN R500

ANNUAL FEES

Cheque card service fee(including lost card protection)

R169,00 R169,00






MONTHLY FEES

Visa Electron/Maestro debit card service feeGreenbacks linkage fee (per month)Account maintenance feeE-notesSelf-service banking subscription fee2

FreeR18,00FreeFreeFree

R4,00R18,00R20,00FreeFree

TRANSACTION FEES

DEPOSITS

Electronic depositCheque deposit at Nedbank ATM or branch

FreeR20,00

FreeR20,00






TRANSACTION FEES

DEPOSITS

Cash deposit at a Nedbank ATM or branch

Nedbank Intelligent Depositor ATM

R7,50 plus R1,40 per R100,00 or part thereofR3,50 plus R0,70 per R100,00 or part thereof

R7,50 plus R1,40 per R100,00 or part thereofR3,50 plus R0,70 per R100,00 or part thereof






TRANSACTION FEES

ATM TRANSACTIONS

Cash withdrawal at Nedbank ATM

Cash withdrawal at another Bank’s ATM

ATM denied transaction fee at Nedbank ATM Interaccount transfers at Nedbank ATMSASwitch ATM denied transactionSASwitch Cellphone topupSASwitch Balance enquiry

R4,50 plus R1,40 per R100,00 or part thereofR7,00 plus R4,50 plus R1,40 per R100,00 or part thereofR3,50FreeR5,00R6,00R5,00

R4,50 plus R1,40 per R100,00 or part thereofR7,00 plus R4,50 plus R1,40 per R100,00 or part thereofR3,50FreeR5,00R6,00R5,00






TRANSACTION FEES

OTHER FEES

At a branch - debit or cheque card withdrawal

Transaction listInternational ATM cash withdrawal1

International balance enquiryPoint of Sale balance enquiry

R40,00 plus R1,40 per R100,00 or part thereofFreeR40,00 plus R1,40 per R100,00 units of foreign currencyR5,00R1,00

R40,00 plus R1,40 per R100,00 or part thereofR14,00R40,00 plus R1,40 per R100,00 units of foreign currencyR5,00R1,00






TRANSACTION FEES

SELF SERVICE TERMINAL TRANSACTIONS

Transaction list (within 90 days / older than90 days)Interaccount transferAccount paymentArchive image of deposit slip/cheque

Free

FreeFreeFree

First free then R5,00

R4,00R8,00R2,00






DIGITAL TRANSACTIONS (includes internet, telephone, cellphone and SMS banking)

Inter-account transferAccount paymentInstant payment feeThird-party payment notifications on internet banking- SMS- Email- FaxBalance enquiryThird-party paymentFaxed statements - telephone banking

FreeFreeR40,00

FreeFreeFreeFreeFreeFree

R4,00R8,00R40,00

R1,00R0,80R5,50FreeR8,00Free






ELECTRONIC PAYMENTS

Debit order - externalDebit order - internalAutomatic payment orderStop orderSend iMali

R16,00FreeFreeR16,00R6,00 for values R1,00 to R1 000,00R14,00 for valuesR1 001,00 to R2 500,00

R16,00R5,00R5,00R16,00R6,00 for values R1,00 to R1 000,00R14,00 for valuesR1 001,00 to R2 500,00






CARD TRANSACTIONS

Card purchasesFuel transaction fees/garage card transactionsWithdrawal at point of saleEasyPay deposit at point of sale

Combined cash & withdrawal transactionPoint of Sale denied transaction

FreeFreeFreeR1,40 per R100,00 or part thereofFreeR7,50

R4,00R4,00R4,00R1,40 per R100.00 or part thereofR6,00R7,50

BRANCH TRANSACTIONS

Bank’s own chequeBank guaranteed chequeSpecial clearanceENC upliftment fee

R85,00R85,00R100,00R100,00

R85,00R85,00R100,00R100,00






BRANCH TRANSACTIONS

Cheques drawnCheque encashment

Archive image of deposit slip/cheque/statement >90 days in branchManual payment fees:- Nedbank to Nedbank- Nedbank to other bank (Nedinform)Inter-account transferTransaction listBalance enquiryAutotransfer processing fee

R45,00R40,00 plus R1,40 per R100,00 or part thereofR14,00

R60,00R100,00R20,00FreeFreeFree

R45,00R40,00 plus R1,40 per R100,00 or part thereofR14,00

R60,00R100,00R20,00R14,00FreeR9,50






A4 STATEMENT FEES

Mailed statementCopy of A4 statement at a branch/by fax/by email (per PDF file)

FreeFree

FreeFirst free per cycle, then R25,00 per statement

OTHER CHARGES

Cheque BookDeposit Book - standardTax CertificateReplacement of Nedbank ATM CardHonouring fees

First free thereafter R50,00R33,00R346,50R130,00R110,00

R50,00R33,00R346,50R130,00R110,00





OTHER CHARGES

Dishonoured payment and unpaid cheques due to insufficient funds (incl debit/stop orders)

Postdated chequesStop PaymentDeposit correctionLetter of AuthorityPreparation of security documentation

R110,00 increasing to R140,00 per item for the fourth and subsequent itemswithin 12 monthsR90,00R50,00FreeR50,00R170,00

R110,00 increasing to R140,00 per item for the fourth and subsequent itemswithin 12 monthsR90,00R50,00FreeR50,00R170,00

NOTES:1. All foreign exchange transactions attract a currency conversion fee.2. Self-service banking includes self-service terminal, sms banking, cellphone banking WAP, Nedbank Private Wealth internet banking.


HOME LOAN FEEFEE SCHEDULE 2017





HOME LOAN FEE

TYPE OF TRANSACTION/FEE CHARGES (VAT INCL 14%)

MONTHLY SERVICE FEES (PRE-NCA CLIENTS)

Existing (pre-NCA) client with a bond <R500 000Existing (pre-NCA) client with a bond ≥R500 000

R5,70R68,40

MONTHLY SERVICES FEES (POST-NCA CLIENTS)

New clients and existing (post-NCA) clients with internal Nedbank Homeowner’s Cover policiesNew clients and existing (post-NCA) clients with external Homeowner’s Cover policies

R68,40

R68,40



HOME LOAN FEE


INITIATION FEE

Ordinary loan

HomeVision

Building loan

Further loan with registration

Further loan without registration (readvance)

A flat fee of R5 250,00 plus VAT= R5 985,00A flat fee of R5 250,00 plus VAT= R5 985,00A flat fee of R5 250,00 plus VAT= R5 985,00A flat fee of R5 250,00 plus VAT= R5 985,00No fee charged



HOME LOAN FEE


CASH AND CHEQUE FEES

Cash deposit fee1

Cheque deposit fee

R11,00 (base fee) plus R1,40 per R100,00 or part thereofR20,00

NOTES:1. Cash deposit fees will be charged every time ‘cash’ deposits are made into a home loan account.


VEHICLE AND ASSET FINANCEFEE SCHEDULE 2017





VEHICLE AND ASSET FINANCE


FEES

Initiation fees: NCA ClientsInitiation fees: Non-NCA ClientsMonthly service feesEarly settlement fee1

Restructure fee

R1 197,00R2 850,00R68,40Interest on the outstanding capital amount (in the event that 90 (ninety) days notice is not given to the Bank)R1 197,00

NOTES:1. Applicable to agreements with an original principal debt value of R250 000 or more.


FOREIGN EXCHANGEFEE SCHEDULE 2017





FOREIGN EXCHANGE

TRANSACTION FEE/CHARGES FEE (VAT INCL 14%)

TRAVEL SERVICES ARRANGED VIA PRIVATE BANKER

Commission on cash (foreign banknotes incl Cash Passport1

Amex Travel Card1 - encashment of unused funds on card by clientCash Passport1,5 - card feeCash Passport1 - cross currency conversion fee5

Cash Passport1 - encashment of unused funds on card by client5

1,00%2,00%R180,004,00%2,00%



FOREIGN EXCHANGE


BRANCH SERVICES

TRAVELLERS CHEQUE PURCHASES (CLIENT SELLING TO NEDBANK)3

CommissionMinimum chargeTravellers cheques repurchased from clients who previously boughtfrom Nedbank2

2,10%R90,00Free

FOREIGN BANKNOTES (PURCHASES AND SALES - NEDBANK)3

CommissionMinimum charge

2,00%R80,00

CMA BANKNOTES7

CommissionMinimum charge

3,25%R100,00



FOREIGN EXCHANGE


GLOBAL SERVICES

FOREIGN BANK DRAFTS ISSUED3

CommissionMinimum chargeMaximum charge

1,14%R173,00R972,00



FOREIGN EXCHANGE


GLOBAL SERVICES

FOREIGN BANK DRAFTS ISSUED3

Communication feeStop-payment/Repurchase instruction

R132,00R424,00

INWARD TELEGRAPHIC TRANSFER OF FUNDS3

AMOUNTS OVER R2 0003

CommissionMinimum chargeMaximum charge

0,63%R146,00R736,00



FOREIGN EXCHANGE


INWARD TELEGRAPHIC TRANSFER OF FUNDS3

AMOUNTS UNDER R2 0003

Communication (excludes foreign bank charges)Pension payments4

Payment search (minimum)

R94,00R51,00R209,00

OUTWARD TELEGRAPHIC TRANSFERS OF FUNDS3

CommissionMinimum chargeMaximum chargeCommunication feeCourier feeIncorrect Instructions (excludes foreign charges)

0,59%R140,00R772,00R112,00R112,00R250,00



FOREIGN EXCHANGE


PURCHASE FOREIGN CHEQUES/DRAFTS (B/P’s)3

CommissionMinimum chargeMaximum chargePayment searchUnpaid advice (exclude foreign charges)

0,69%R174,00R891,00R246,00R200,00

NOTES:1. Terms and conditions apply to these services.2. Client to provide proof of purchase to branch.3. Issued at Nedbank branches, and where applicable Nedbank Global.4. Available to eligible clients on application.5. Subject to change.6. The travellers cheque sales service (client buying from Nedbank) is no longer offered by Nedbank or American Express.7. Common Monetary Area


STRUCTURED LENDINGFEE SCHEDULE 2017





STRUCTURED LENDING


WITHIN NATIONAL CREDIT ACT

OUTSIDE NATIONAL CREDIT ACT

MONTHLY SERVICE FEES

Service Fees (Post - NCA loans)Service Fees (Pre - NCA loans)

R68,40 per loanR51,30 per loan

R102,60 per accountR51,30 per loan



STRUCTURED LENDING




STRUCTURING FEES

Initiation Fee

Further loan/Amendment Fee

Maximum R1 254,00 without bond registration or R5 985,00 with bond registration. Excludes property valuation fees.

Charged as initiation fee

Minimum of 0,855% of loan amount, with a minimum of R8 550,00 and no maximum fee

Minimum R5 700,00, 0,57% of increase amount, with no maximum fee.



STRUCTURED LENDING




NEDBANK PRIVATE WEALTH TRANSACTION FEES

Cash deposit fee

Cheque deposit fee

Drawdown fees:–– to nominated account–– to another non-Nedbank account–– to another Nedbank account


FreeR125,40R45,60


FreeR125,40R45,60


LETTER OF GUARANTEEFEE SCHEDULE 2017





LETTER OF GUARANTEE

TRANSACTIONAL BANKINGSTANDARDGUARANTEE CHARGES(VAT INCLUSIVE AT 14%)

NON-STANDARDGUARANTEE¹ CHARGES(VAT INCLUSIVE AT 14%)

ESTABLISHMENT FEE

SR0,00 - R99 999,99R100 000,00 - R499 999,99R500 000,00 - R999 999,99R1 000 000,00 +

R850,00R1 155,00R3 250,00R5 000,00

R1 720,00R2 270,00R6 480,00R10 370,00

RENEWAL2

R0,00 - R99 999,99 R850,00 R850,00



LETTER OF GUARANTEE

TRANSACTIONAL BANKINGSTANDARDGUARANTEE CHARGES(VAT INCLUSIVE AT 14%)

NON-STANDARDGUARANTEE¹ CHARGES(VAT INCLUSIVE AT 14%)

RENEWAL2

R100 000,00 - R499 999,99R500 000,00 - R999 999,99R1 000 000,00 +

R1 155,00R3 250,00R5 000,00

R1 155,00R3 250,00R5 000,00

AMENDMENT

Amendment, including increase of letter of guarantee amount

R760,00 R760,00

NON -TAKEUP FEE

Non-takeup fees R760,00 R760,00



LETTER OF GUARANTEE

NEDBANK PW INCOME PORTFOLIO CHARGES (VAT INCL 14%)

INITIATION FEE

R0 - R39 999,99R 40 000,00 - R99 999,99R100 000,00 - R499 999,99R500 000,00+

R875,00R1 160,00R3 340,00R5 130,00

RENEWAL3

R0 - R 39 999,99R 40 000,00 - R 99 999,99R100 000,00 - R499 999,99R500 000,00+

R875,00R1 160,00R3 340,00R5 130,00



LETTER OF GUARANTEE

NEDBANK PW INCOME PORTFOLIO CHARGES (VAT INCL 14%)

AMENDMENT

Including increase of letter of guarantee amount R760,00

NON-TAKEUP FEE

Non-takeup fee R760,00

NOTES:1. Approval and use of non-standard guarantee formats.2. Property guarantees are renewed every three months and performance guarantees are renewed every six months.3. Guarantees against the Income Portfolio are renewed every six months.

nedbankprivatewealth.co.za

www.nedbankprivatewealth.co.za

Documents

BANKING - Products & services · PDF filefor safe, secure banking and stock transactions – anytime, anywhere. Enjoy an exclusive concierge ... (VAT INCLUSIVE 14%) BALANCE ENQUIRIES