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| FEE STRUCTURE 1 |
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| Transaction |
Fee amount |
| Traveller's cheque sales (buying from Nedbank) |
 |
| Commission |
1,75%. |
| Minimum charge |
R50,00. |
|
| Traveller's cheque purchases (selling to Nedbank) |
 |
| Commission |
1,75%. |
| Minimum charge |
R50,00. |
| Travellers cheques repurchased from clients who previously bought from Nedbank |
Free. |
|
| Foreign banknotes (Purchase and sales) |
|
| Commission |
1,80%. |
| Minimum charge |
R50,00. |
|
| Foreign drafts |
|
| Commission |
0,75%. |
| Minimum charge |
R112,00. |
| Maximum charge |
R686,50. |
| Communication |
R100,00. |
| Stop-payment/Repurchase instruction |
R300,00. |
|
| Inward telegraphic transfers |
|
| Amounts over R2 000: |
|
| Commission |
0,485%. |
| Minimum charge |
R120,00. |
| Maximum charge |
R600,00. |
| Amounts under R2 000: |
|
| Commission |
R75,00. |
| Pension payments |
R40,00. |
| Payment search (minimum) |
R169,00. |
|
| Outward telegraphic transfers |
|
| Commission |
0,48%. |
| Minimum charge |
R120,00. |
| Maximum charge |
R600,00. |
| Communication |
R100,00. |
| Incorrect instructions (excluding foreign charges) |
R200,00. |
|
| Personal foreign cheques |
|
| Commission |
0,50%. |
| Minimum charge |
R116,50. |
| Maximum charge |
R600,00. |
| Payment search |
R174,00. |
| Unpaid advice plus foreign charges (excluding foreign charges) |
R150,00. |
|
| Other charges |
|
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Notes
- Inclusive of VAT.
- Available on application.
* Summary of fees
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| Nedbank Limited Reg No 1951/000009/06, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16). |
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