Private Bank Current Account
Account description
The Nedbank Private Bank Current Account is a pay-as-you-use current account for individuals who earn more than R400 000 per annum and who require the prestige and personalised service of a private banking relationship.
Fee structure:
| Transaction | Fee amount |
| Annual service fees | |
| Cheque card | R130,00. |
| Monthly fees | |
| Minimum monthly service fee | R75,00. |
| Overdraft facility |
R20,00 for limits of R1 to R5 000. R30,00 for limits of R5 001 to R10 000. R50,00 for limits of R10 001 or more. |
| Self-service banking subscription 1 | R15,00. |
| Deposits | |
| Cash (over the counter/at Nedbank ATM) | R1,15 per R100 or part thereof. |
| Cheque (over the counter/at Nedbank ATM) | Free. |
| Cash withdrawals | |
| Over the counter | R21,00 plus R1,10 per R100 or part thereof. |
| Nedbank ATM | R3,50 plus R1,00 per R100 or part thereof. |
| Another bank's ATM | R9,00 plus R1,00 per R100 or part thereof. |
| Tillpoint - cash only | R3,65. |
| Tillpoint - cash with purchase | R5,50. |
| Account payments and purchases | |
| Cheque payment | R10,00 for values of
R1 to R499. R18,00 for values of R500 to R1 499. R28,00 for values above R1 500. |
| Bank's own cheque | R40,00. |
| Electronic interaccount transfer 2 | R3,50. |
| Electronic account payment 2 | R7,00. |
| Stop order processing | R11,00. |
| Debit order - internal | R5,25. |
| Debit order - external | R10,75. |
| Cheque card purchase | R3,65. |
| Balance enquiries | |
| Over the counter | First free per month, thereafter R2,20. |
| Nedbank ATM | First free per month, thereafter R1,20. |
| Another bank's ATM | R3,60. |
| Nedbank self-service terminal | Free. |
| Statement enquiries | |
| Over the counter | First free per month, thereafter R8,80. |
| Nedbank ATM | First free per month, thereafter R3,30. |
| Nedbank self-service terminal | First free per month, thereafter R3,30. |
| Internet banking - statement up to five years | Free. |
| Other fees | |
| Dishonoured payment | R80,00 per item. |
| Honouring | R80,00 per item. |
| Stop-payment instruction | R33,00. |
Notes
- Includes NetBank internet banking, cellphone banking (WAP), cellphone banking (SMS) and telephone banking.
- Includes transfers and payments from self-service terminals, NetBank internet banking, cellphone banking (WAP), cellphone banking (SMS) and telephone banking: self-service.













