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Pricing Guide
NEDBANK SWAZILAND PRICING GUIDE 2021 |
|
PERSONAL/RETAIL BANKING |
FEES (Emalangeni) |
Monthly Account Fees |
|
Youth Savings |
FREE |
Call Account |
FREE |
Transactor Savings Account |
FREE |
Transactor Savings Account For TEBA Pensioners |
FREE |
Savings Plus |
15,00 |
Savings Account |
30,00 |
Current Account - PAYU |
50,00 |
Student Current Account |
50 per year |
Current Account Bundle |
135,00 |
Current Account Private Banking Bundle |
360,00 |
Deposits |
|
Cash Deposit |
FREE |
Cheque Deposit |
|
Cheque Deposit - Minor and Student Account |
10,00 |
Cheque Deposit - Transact |
15,00 |
Cheque Deposit - Current Account |
40,00 |
Deposit of post Dated Cheque |
105,00 |
Returned Cheque Due To Technical Reasons |
100,00 |
Unbalanced Deposits |
FREE |
Withdrawals |
|
Nedbank ATM Withdrawal |
1.3% of amount (Min 8.00) |
Other Banks ATM |
1.3% of amount + 8.00 (Min 8.00) |
International ATM Withdrawals |
1.3% of amount + 8.00 (Min 8.00) |
Cheque Encashment |
3.2% of amount + 40.00 |
Branch Over The Counter Withdrawals |
3.2% of amount + 40.00 |
Send Money ATM Withdrawal |
FREE |
Declined Transactions |
FREE |
Cross Border Remmittances |
|
Electronic Transfers - RSA (Cellphone Banking) |
13,00 |
Electronic Transfers - RSA (Internet Banking) |
27,00 |
Incoming |
20,00 |
Account Opening and Closing Fees |
|
Activation of Dormant Account |
FREE |
Opening of Account |
FREE |
Closure of Account |
FREE |
Statements |
|
e-Mailed Statements |
30,00 |
Posted Statements |
FREE |
Mini-Statements (ATM) |
2,70 |
Branch Statement (printed) |
1st Statement FREE, Additional Statement E100 |
Online Statements (Online Banking) |
FREE |
Cellphone Banking Statements |
FREE |
Copies of Deposit Slips |
110,00 |
Point of Sale Fees |
|
POS (Withdrawal) |
2.1% of amount (Max 2 500) |
POS Debit Card Purchases(Local/International) |
6,00 |
Balance Enquiry |
|
Own bank ATM |
FREE |
Other Banks ATM |
FREE |
At Branch |
FREE |
Cellphone Banking |
FREE |
MoneyApp |
FREE |
Card Fees |
|
In-Branch Block Card |
FREE |
Pin Replacement |
80,00 |
Card Replacement |
80,00 |
Visa/ MasterCard - Finance Charge |
20,25% of amount |
Payments and Transfers |
|
SWIFT Transfer - Outgoing |
1.6% of amount (Min 140.00, Max 1 190.00) + 195 Flat FEE |
SWIFT Transfer - Incoming |
1.6% of amount (Min 90.00, Max 800.00) |
Stop Order/Debit Order Initiation |
80,00 |
Stop Order/Debit Order Amendment |
FREE |
Stop Order/Debit Order Execution |
20,00 |
Stop Order/Debit Order Cancellation |
FREE |
Unpaid Stop/Debit Order |
100,00 |
Stop/ Cancel Cheque |
80,00 |
Special Clearance |
210,00 |
Electronic Payments - Nedbank (Internet Banking) |
13,00 |
Electronic Payments - Nedbank (Cellphone Banking) |
13,00 |
Electronic Payments - Local (Internet Banking) |
13,00 |
Electronic Payments - Local (Cellphone Banking) |
13,00 |
Electronic Payments - RSA (Internet Banking) |
27,00 |
Electronic Payments - RSA (Cellphone Banking) |
13,00 |
Branch Manual Nedbank Account Payment |
30,00 |
Branch Manual Local Clearing Payment |
100,00 |
Incorrect Payment Recall Fee |
250,00 |
Own Account Transfer |
FREE |
Post Dated Cheque |
105,00 |
Funeral Cover Premium Deduction |
FREE |
Funeral Cover |
Min 15.00, Max 37.50 |
Cheque Books (51 - 100 pages) |
260,00 |
Sending Cash |
|
SendMoney (up to E 1 000.00) |
8,00 |
SendMoney (E 1 001.00 to E 3 000.00) |
14,00 |
Withdrawing Cash |
|
SendMoney |
FREE |
Value-added Services |
|
Electricity |
5,50 |
Airtime and Data |
2,50 |
Cellphone SMS Account Access Notification |
FREE |
Cellphone SMS Payment Notification (All Transactions) |
FREE |
Transactional SMS Notification |
FREE |
Third Party SMS Notification |
FREE |
Block Card Via App |
FREE |
Personal Loans |
|
Monthly Administration Fee |
70,00 |
Initiation Fee |
2.7% of amount (Min 670.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Property Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Max 25 000.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Vehicle Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Min 670.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Overdraft Facilities |
|
Initiation Fees |
2.7% of amount (Min 670.00) |
Overdraft Review Fee |
FREE |
Subsequent Review Within 12 Months |
340,00 |
Other Fees |
|
Ammortization Fee |
15,00 |
Call Up Letter |
50,00 |
Warning Letter |
50,00 |
Obtain Code 3rd Party Debtors |
92,50 |
Debtor Administration |
370,00 |
Overdrawn Account Letter Charge |
50,00 |
Repossession Charge |
FREE |
Full Report |
200,00 |
Penalty Interest |
Prime + 6% of amount |
Audit Certificate |
360,00 |
Exchange Control |
|
Exchange Control Application Normal |
465,00 |
Exchange Control Application Complex |
825,00 |
Exchange Control Application Follow-up |
135,00 |
Attestation of Form |
135,00 |
Global Trade Document Processing Fees |
600,00 |
SME BANKING |
FEES (Emalangeni) |
Monthly Account Fees |
|
Club Savings |
FREE |
Call Account |
FREE |
Savings Account |
30,00 |
School Current Account |
140,00 |
Current Account - SME |
42.00 - 150.00 |
Deposits |
|
Cash Deposit |
FREE for (E0.00 - E30 000) and 1% for amounts in excess of E30 000 per day |
Cheque Deposit |
|
Cheque Deposit - Current Account |
62,00 |
Deposit of post Dated Cheque |
105,00 |
Returned Cheque Due To Technical Reasons |
100,00 |
Unbalanced Deposits |
FREE |
Withdrawals |
|
Own bank ATM Withdrawal |
50,00 |
Other Banks ATM |
58,00 |
International ATM Withdrawals |
58,00 |
Cheque Encashment |
3.2% of amount + 40.00 |
Branch Withdrawals (Over The Counter) |
3.2% of amount + 40.00 |
Send Money ATM Withdrawal |
FREE |
Declined Transactions |
FREE |
Cross Border Remmittances |
|
Electronic Transfers - Local (Cellphone Banking) |
13,00 |
Electronic Transfers - RSA (Internet Banking) |
27,00 |
Incoming |
20,00 |
Account Opening and Closing Fees |
|
Activation of dormant Account |
FREE |
Opening of Account |
FREE |
Closure of Account |
FREE |
Statements |
|
e-mailed Statements |
30 per page |
Posted Statements |
FREE |
Mini-statements (ATM) |
2,70 |
Branch Statements (printed) |
1st Statement FREE, Additional Statement E100.00 |
Online Statements (Online Banking) |
FREE |
Copies of Deposit Slips |
110,00 |
Point of Sale Fees |
|
POS (Withdrawal) |
2.1% of amount (Max 2 500) |
POS Debit Card Purchases(Local/International) |
25,00 |
Repeat POS Service Support |
100,00 |
Balance Enquiry |
|
Own bank ATM |
FREE |
Other Banks ATM |
FREE |
At Branch |
FREE |
Cellphone Banking |
FREE |
MoneyApp |
FREE |
Sending Cash |
|
SendMoney (up to E 1 000.00) |
8,00 |
SendMoney (E 1 001.00 to E 3 000.00) |
14,00 |
Withdrawing Cash |
|
SendMoney |
FREE |
Value-added Services |
|
Electricity |
5,50 |
Airtime and Data |
2,50 |
Cellphone SMS Account Access Notification |
FREE |
Cellphone SMS Payment Notification (All Transactions) |
FREE |
Transactional SMS Notification |
FREE |
Third Party SMS Notification |
FREE |
Block Card On App |
FREE |
Card Fees |
|
In-Branch Block Card |
FREE |
Pin Replacement |
80,00 |
Card Replacement |
80,00 |
Visa/ MasterCard - Finance Charge |
20,25% of amount |
Payments and Transfers |
|
SWIFT Transfer - Outgoing |
1.6% of amount (Min 140.00, Max 1 190.00) + 195 Flat Fee |
SWIFT Transfer - Incoming |
1.6% of amount (Min 90.00, Max 800.00) |
Stop Order/Debit Order Initiation |
80,00 |
Stop Order/Debit Order Amendment |
FREE |
Stop Order/Debit Order Execution |
20,00 |
Stop Order/Debit Order Cancellation |
FREE |
Unpaid stop/ Debit Order |
100,00 |
Stop/ Cancel Cheque |
80,00 |
Special Clearance |
210,00 |
Bulk Payments (EPS) |
20.00 per item |
Electronic Payments - Nedbank (Internet Banking) |
13,00 |
Electronic Payments - Nedbank (Cellphone Banking) |
13,00 |
Electronic Payments - Local (Internet Banking) |
13,00 |
Electronic Payments - Local (Cellphone Banking) |
13,00 |
Electronic Payments - RSA (Internet Banking) |
27,00 |
Electronic Payments - RSA (Cellphone Banking) |
13,00 |
Branch Manual Nedbank Account Payment |
30,00 |
Branch Manual Local Clearing Payment |
100,00 |
Incorrect Payment Recall Fee |
250,00 |
Own Account Transfer |
FREE |
Post Dated Cheques |
105,00 |
Cheque Books (51 - 100 pages) |
260,00 |
Penalty Fees |
|
Dishonored Cheque |
100,00 |
Unpaid Stop / Debit Order |
100,00 |
Business Loans |
|
Monthly Administration Fee |
70 |
Initiation Fee |
2.7% of amount (Min 670.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Property Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Max 25 000.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Vehicle Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Min 670.00) |
Restructure Fee |
FREE |
Subsequent Restructure Within 12 Months |
535,00 |
Overdraft Facilities |
|
Initiation Fees |
2.7% of amount (Min 670.00) |
Overdraft Review Fee |
FREE |
Subsequent Review Within 12 Months |
570,00 |
Other Fees |
|
Ammortization Fee |
15,00 |
Call Up Letter |
50,00 |
Warning Letter |
50,00 |
Obtain Code 3rd Party Debtors |
92,50 |
Debtor Administration |
370,00 |
Overdrawn Account Letter Charge |
50,00 |
Repossession Charge |
FREE |
Full Report |
200,00 |
Penalty Interest |
Prime + 10% of amount |
Audit Certificate |
360,00 |
Guarantees |
|
Cash Cover |
1.4% of amount ( Min 340.00, Max 9 999 999) |
Amendment |
270,00 |
Non - Cash Cover |
2.3% of amount (Min 650.00, Max 9 999 999) |
Renewal - Cash Cover |
0.6% of amount (Min 340.00, Max 99 999) |
Renewal - Non Cash Cover |
0.9% of amount (Min 340.00, Max 99 999) |
Foreign Currency Accounts |
|
Account to Account Transfer |
150,00 |
Foreign Exchange Contracts |
|
Delivery |
80,00 |
Establishment |
250,00 |
Exchange Control |
|
Exchange Control Application (normal) |
465,00 |
Exchange Control Application (complex) |
825,00 |
Attestation of Form |
135,00 |
Exchange Control Applications Follow Up |
135,00 |
Bills (Imports/Exports) |
|
Documentary Collection (Outgoing) |
2.5% of amount (Min 500.00) |
Documentary Collection (Incoming) |
2.5% of amount (Min 500.00) |
Letters of Credit (Import) |
|
Establishment |
0.90% of amount (Min 400.00) plus flat Fee 195.00) |
Amendment |
410 |
Advising and Negotiation |
390.00,Negotiation 0.83% (Min 400.00) |
Other Fees |
|
Audit Certificate |
360,00 |
CORPORATE AND BUSINESS BANKING |
FEES (Emalangeni) |
Monthly Account Fees |
|
Call Account |
FREE |
Savings Account |
30,00 |
School Current Account |
140,00 |
Corporate Current Account |
540.00 - 2 100.00 |
Cash Deposits |
|
Cash Deposit |
0.08% - 2.30% of amount |
Cheque Deposit |
|
Cheque Deposit - Current Account |
62,00 |
Deposit of Post Dated Cheque |
105,00 |
Returned Cheque Due To Technical Reasons |
100,00 |
Unbalanced Deposits |
70,00 |
Withdrawals |
|
Own bank ATM Withdrawal |
50,00 |
Other Banks ATM |
58,00 |
International ATM Withdrawals |
58,00 |
Cheque Encashment |
3.2% of amount + 40.00 |
Branch Withdrawals (Over The Counter) |
3.2% of amount + 40.00 |
Send Money ATM Withdrawal |
FREE |
Declined Transactions |
FREE |
Cross Border Remmittances |
|
Electronic Transfers - Local (Cellphone Banking) |
13,00 |
Electronic Transfers - RSA (Internet Banking) |
27,00 |
Incoming |
20,00 |
Account Opening and Closing Fees |
|
Activation of dormant Account |
FREE |
Opening of Account |
FREE |
Closure of Account |
FREE |
Statements |
|
e-mailed Statements |
30,00 |
Posted Statements |
FREE |
Subsequent Copy Statement |
100,00 |
Online Statements (Online Banking) |
FREE |
Copies of Deposit Slips |
110,00 |
Point of Sale Fees |
|
POS (Withdrawal) |
2.1% of amount (Max 2 500) |
POS Debit Card Purchases(Local/International) |
25,00 |
Repeat POS Service Support |
100,00 |
Balance Enquiry |
|
Own bank ATM |
FREE |
Other Banks ATM |
FREE |
At Branch |
FREE |
Cellphone Banking |
FREE |
MoneyApp |
FREE |
Card Fees |
|
In-Branch Block Card |
FREE |
Pin Replacement |
80,00 |
Card Replacement |
80,00 |
Visa/ MasterCard - Finance Charge |
20,25% of amount |
Payments and Transfers |
|
SWIFT Transfer - Outgoing |
1.6% of amount (Min 140.00, Max 1 190.00) + 195 Flat Fee |
SWIFT Transfer - Incoming |
1.6% of amount (Min 90.00, Max 800.00) |
Stop Order/Debit Order Initiation |
80,00 |
Stop Order/Debit Order Amendment |
FREE |
Stop Order/Debit Order Execution |
20,00 |
Stop Order/Debit Order Cancellation |
FREE |
Unpaid stop/ Debit Order |
100,00 |
Stop/ Cancel Cheque |
80,00 |
Special Clearance |
210,00 |
Bulk Payments (EPS) |
20.00 per item |
Electronic Payments - Nedbank (Internet Banking) |
13,00 |
Electronic Payments - Nedbank (Cellphone Banking) |
13,00 |
Electronic Payments - Local (Internet Banking) |
13,00 |
Electronic Payments - Local (Cellphone Banking) |
13,00 |
Electronic Payments - RSA (Internet Banking) |
27,00 |
Electronic Payments - RSA (Cellphone Banking) |
13,00 |
Branch Manual Nedbank Account Payment |
30,00 |
Branch Manual Local Clearing Payment |
100,00 |
Incorrect Payment Recall Fee |
250,00 |
Own Account Transfer |
FREE |
Post Dated Cheques |
105,00 |
Cheque Books (51 - 100 pages) |
260,00 |
Value-added Services |
|
Electricity |
5,50 |
Airtime and Data |
2,50 |
Cellphone SMS Account Access Notification |
FREE |
Cellphone SMS Payment Notification (All Transactions) |
FREE |
Third Party SMS Notification |
FREE |
Penalty Fees |
|
Dishonored Cheque |
100,00 |
Unpaid Stop / Debit Order |
100,00 |
Business Loans |
|
Monthly Administration Fee |
70,00 |
Initiation Fee |
2.7% of amount (Min 650.00) |
Restructure Fee |
550,00 |
Property Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Max 25 000.00) |
Restructure Fee |
550,00 |
Vehicle Finance |
|
Monthly Administration Fee |
70,00 |
Initiation |
2.7% of amount (Min 650.00) |
Restructure Fee |
550,00 |
Overdraft Facilities |
|
Initiation Fees |
2.7% of amount (Min 670.00) |
Overdraft Review Fee |
1125,00 |
Other Fees |
|
Ammortization Fee |
15,00 |
Call Up Letter |
50,00 |
Warning Letter |
50,00 |
Obtain Code 3rd Party Debtors |
92,50 |
Debtor Administration |
370,00 |
Overdrawn Account Letter Charge |
50,00 |
Repossession Charge |
FREE |
Full Report |
200,00 |
Penalty Interest |
Prime + 10% of amount |
Audit Certificate |
360,00 |
Guarantees |
|
Cash Cover |
1.4% of amount ( Min 340.00, Max 9 999 999) |
Amendment |
270,00 |
Non - Cash Cover |
2.3% of amount (Min 650.00, Max 9 999 999) |
Renewal - Cash Cover |
0.6% of amount (Min 340.00, Max 99 999) |
Renewal - Non Cash Cover |
0.9% of amount (Min 340.00, Max 99 999) |
Foreign Currency Accounts |
|
Account to Account Transfer |
150,00 |
Foreign Exchange Contracts |
|
Delivery |
80,00 |
Establishment |
250,00 |
Exchange Control |
|
Exchange Control Application (normal) |
465,00 |
Exchange Control Application (complex) |
825,00 |
Attestation of Form |
135,00 |
Exchange Control Applications Follow Up |
135,00 |
Bills (Imports/Exports) |
|
Documentary Collection (Outgoing) |
2.5% of amount (Min 500.00) |
Documentary Collection (Incoming) |
2.5% of amount (Min 500.00) |
Letters of Credit (Import) |
|
Establishment |
0.90% of amount (Min 400.00) plus flat Fee 195.00) |
Amendment |
410,00 |
Advising and Negotiation |
390.00,Negotiation 0.83% (Min 400.00) |
Global Trade Document Processing Fees |
600,00 |
Additional Information
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