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| FEE STRUCTURE |
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| Transaction |
Fee amount1 |
| Traveller's cheque sales (Buying from Nedbank) |
 |
| Commission |
1,85%. |
| Minimum charge |
R70,00. |
|
| Traveller's cheque purchases (selling to Nedbank) |
 |
| Travellers cheques repurchased |
Free. |
| Commission |
1,85%. |
| Minimum charge |
R70,00. |
|
| Foreign banknotes (Purchase and sales) |
|
| Commission |
1,85%. |
| Minimum charge |
R60,00. |
|
| AMEX prepaid travel card |
|
| Encashment of unused funds on Card |
Free. |
| Commission (buying from Nedbank) |
1,85%. |
| Minimum charge |
R50,00. |
| Initial Card fee2 |
R114,00. |
|
| Foreign drafts |
|
| Commission |
0,80%. |
| Communication |
R100,00. |
| Minimum charge |
R130,00. |
| Stop-payment/Repurchase instruction |
R300,00. |
| Maximum charge |
R700,00. |
|
| Inward telegraphic transfers |
|
| Amount over R2 000,00: |
|
| Commission |
0,485%. |
| Minimum charge |
R126,00. |
| Maximum charge |
R630,00. |
| Amount under R2 000,00: |
|
| Pension payments3 |
R42,00. |
| Commission |
R79,00. |
| Payment search (minimum) |
R174,00. |
|
| Outward telegraphic transfers |
|
| Commission |
0,50%. |
| Communication |
R100,00. |
| Minimum charge |
R124,50. |
| Incorrect instructions (excluding foreign charges) |
R200,00. |
| Maximum charge |
R686,50. |
|
| Personal foreign cheques |
|
| Commission |
0,65%. |
| Minimum charge |
R122,50. |
| Unpaid advice plus foreign charges (excluding foreign charges) |
R150,00. |
| Payment search |
R174,00. |
| Maximum charge |
R630,00. |
|
| Other charges |
|
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Notes
- Inclusive of VAT.
- No Card fee for the period Sept 2012 to Dec 2013, thereafter the normal Card fee of R114,00 will apply.
- Available on application.
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Nedbank Ltd Reg. No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).
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