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| FEE STRUCTURE |
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| Transaction |
Fee amount |
| Annual service fees1 |
 |
| One Card |
R231,00. |
| Supplementary card |
Free. |
| Garage card |
R180,00. |
| Nedbank Greenbacks (GB) |
R169,00. |
| Nedbank American Express Premium Card (earns double GB) |
Free. |
Monthly user internet banking subscription fee |
R15,00. |
Monthly Business Banking internet banking subscription fee |
Free with Business Account. |
|
| Monthly service fees |
 |
| One card |
R19,25. |
| Supplementary card |
Free. |
| Monthly service fee garage card |
R15,00. |
| Once-off initiation fee |
R112,00. |
|
| Service fees |
 |
| Statement request |
Free. |
| Balance enquiry (branch) |
R2,50. |
| Nedbank ATM enquiry |
R1,50. |
| Saswitch ATM enquiry |
R 4,00. |
| Fuel Purchase fee on garage card |
R3,65. |
| Card replacement |
R75,00. |
|
| Cash withdrawal fees |
 |
| Cash Withdrawal Nedbank ATM |
R3,50 plus R1,20 per R100 or part thereof. |
| Cash Withdrawal Saswitch ATM |
R9,50 plus R1,20 per R100 or part thereof. |
| Cash withdrawal over the counter |
R25 plus R1,20 per R100 or part thereof. |
| Cash withdrawal overseas |
R28,00 plus R1,20 per R100 or part thereof. |
|
| Deposit Fees |
 |
| Cash deposit fee (ATM and branch) |
R4,00 plus R1,25 per R100 (minimum R17,00). |
| Cheque deposit fee |
R13,50. |
| Penalty charges |
| Returned-payment fee |
R125,00. |
| Incorrectly disputed transaction fee (local and international) |
R50,00. |
| Tracing fee |
Up to R377,00. |
|
| Transfers |
 |
| Payment (internet and SST) |
R3,80. |
| Transfer (internet and SST) |
R3,80. |
| Transfer (branch) |
R15,00. |
|
| Other |
 |
| Same-day card replacement service fee (incl, delivery) |
R375,00. |
| Face-to-face delivery |
R150,00. |
| International currency conversion fee (Visa/MasterCard) |
2,00%. |
| International currency conversion fee (Amex) |
1,70%. |
|
| New |
 |
| NetBank payment notification - SMS |
R0,70. |
| NetBank payment notification - Email |
R0,55. |
| NetBank payment notification - Fax |
R3,00. |
| Special clearance of cheque deposited in branch |
R70,00. |
|
Notes
- Annual service fees are charged per card in arrear and an initiation fee will be applied on account opening at the same price.
- Garage card initiation fees apply only if no other cards are taken.
- Applicable to new accounts and cards issued after 31/12/2010.
- All foreign exchange transactions attract a currency conversion fee.
- Includes transfers and payments via SSTs, Nedbank internet banking, Cellphone Banking WAP, SMS Banking, self-service, Telephone Banking: Agent-assisted and Telephone Banking: Self-service.
- Internet banking fee charged only if this is the sole Nedbank account.
- Instant-payment functionality is available through internet banking and enables you to process payment to other banks' clients on a real-time basis, ie funds are immediately available to third parties.
* 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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