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Rates and Fees  
 
 

Transactor Plus Account - Basic Banking

Account description

This is a flexible, pay-as-you-use transactional account that offers you a simple and affordable solution to managing your money. The account offers you a wide range of features and benefits with easy-to-understand charges. For a small monthly fee you have complete control over your finances, which includes only paying for what you use. It's the perfect starting point from which to build a secure financial future while establishing your credit history.

Fee structure

Transaction Fee amount
Monthly fees  
Monthly maintenance R8,00.
Self-service banking subscription fee1 R10,00.
Deposits  
Cash (over the counter at Nedbank ATM) R1,15 per R100.
Cheque (over the counter at Nedbank ATM) Free.
Cash withdrawals  
Over the counter R12,00 plus R1,10 per R100 or part thereof.
Nedbank ATM R5,80.
Another bank's ATM R9,00 plus R1,00 per R100 or part thereof.
Tillpoint - cash only R2,25.
Tillpoint - cash with purchase R4,50.
Account payments and purchases  
Bank's own cheque R22,00.
Electronic interaccount transfer 2 R3,50.
Electronic account payment 2 R4,60.
Stop order processing R6,00.
Debit order - internal R3,25.
Debit order - external R5,50.
Visa Electron/Maestro debit card purchase R2,25.
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 R6,60.
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 R28,00 per item.
Stop-payment instruction R33,00.

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Notes

  1. Includes NetBank internet banking and cellphone banking (WAP). Cellphone banking (SMS), telephone banking: self-service and telephone banking: agent-assisted are free.
  2. Includes transfers and payments from self-service terminals, NetBank internet banking and cellphone banking (WAP). Cellphone banking (SMS) and telephone banking: self-service are free.

 

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Nedbank Ltd Reg No 1951/000009/06. 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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