5638 Nedbank Pricing booklet2009

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5638 Nedbank Pricing booklet2009 Powered By Docstoc
					            Great value banking
            Fees effective 1 March 2009




M AKE THI   GS HAPPEN
                    Offering you great value banking                                                 Contents
                    Nedbank is committed to offering great value banking through
                    the principles of affordability, simplicity and transparency.

                    This guide aims to summarise our bank fees in a concise, easy-
                    to-understand manner. As this is a summary, please refer to the
                    branch or www.nedbank.co.za for the full fee schedule as well as
                    the terms and conditions for the product(s) you currently have
                    with us or are interested in.                                                    How to calculate your bank fees
                                                                                                     Choose to save on your fees                          MAKING YOUR
                    The fees outlined in this guide are VAT-inclusive and are effective                                                                     LIFE EASIER
                                                                                                     Tips on how to save
                    from 1 March 2009. Nedbank may at any time change these fees
                    or introduce new fees. We will give at least 30 days’ notice of
                    these changes on the Nedbank website, www.Nedbank.co.za.

                                                                                                     Mzansi Account                             6
                                                                                                     Transactor Plus Account                    8       BASIC BANKING
                    Talk to us                                                                       Savings Deposit Account                   10
                    Should you have any questions regarding this guide,
                                                                                                     Savvy Electronic Account                  12
                    please feel free to:                                                                                                            PACKAGED OPTIONS
                    •    call the Nedbank Contact Centre on 0860 555 111 from                        Everyday Current Account                  14
                         Monday to Friday between 07:30 and 18:00 and on
                         Saturdays between 07:30 and 13:00;                                          N-5000 Current Account                    16
                                                                                                                                                        PAY AS YOU USE
                    •    speak to a banker at any Nedbank branch; or                                 Nedbank Current Account                   18
                    •    visit our website at www.nedbank.co.za.
                                                                                                     NedSave Account                           20
                                                                                                     Dezign Student Current Account            22             YOUTH,
                                                                                                                                                         STUDENT AND
                                                                                                     Dezign Banking Current Account            24        YOUNG ADULT
                                                                                                     Dezign Save Account                       26

                                                                                                     Optimum Current Account                   28
                                                                                                     Optimum Savings Deposit Account           30
                                                                                                                                                                OVER 55s
                                                                                                     Prime Club Current Account                32
                                                                                                     Prime Club Savings Account                34

                                                                                                     Nedbank Private Bank Account              36
                                                                                                                                                          PRIVATE BANK
                                                                                                     Nedbank Private Bank Current Account      38

                                                                                                     Small-business Services Current Account   40
                                                                                                                                                       SMALL BUSINESS
                                                                                                     Small Business Credit Card                42

                                                                                                     Money Market Investment Account           44   INVEST
3000025/E (02/09)




                               Ltd Reg No 1951/000009/06
                                                                                                     Credit cards                              46   CREDIT         OTHER
                               Nedbank is an authorised financial services provider.                 Foreign exchange                          48   FOREX
                               This information replaces any information in previously distributed
                               brochures that may still be in circulation.

                                                                                                                                                Pricing it right for you. | 1
    How to calculate your                                           Choose to save on your fees
    bank fees                                                       We have different products tailored to suit your lifestyle and
                                                                    your pocket. To help you choose the products that best suit
    Transaction fees can be charged either on an ad valorem or on   your banking needs we have developed a set of smart tools.
    a flat-fee basis. Ad valorem fees vary in accordance with the
    value of the transaction, while flat fees do not.               Our innovative and easy-to-use Bank Fees Calculator will allow
                                                                    you to compare the monthly fees related to those products
    To illustrate:                                                  based on your own transactional profile, but also help you
                                                                    narrow your search to a handful of relevant products.
    Ad valorem
                                                                    We also have bank fees specialists in the Nedbank Call Centre
    A typical example is a R500 ATM cash withdrawal from a          to help you with your fee-related questions. Contact them on
    Nedbank current account, which is charged at R3,25 plus R0,95   0860 555 111.
    per R100 or part thereof. The fee is calculated as follows:

    • R3,25 irrespective of value, plus
    • R4,75 (R0,95 times five)
    The fee is therefore R8,00.

    Another example is a Nedbank current accountholder issuing a
    cheque, which is charged according to a tiered structure as
    follows:

    R1,00 to R499,00                      R7,70
    R500,00 to R1 499,00                  R15,40
    R1 500,00 and above                   R27,50

    Flat fee
    Flat fees do not vary with the value of the transaction. For       How do I know
                                                                                      more
    example, a debit order for R500 from a current account will        I’m not paying
    attract the same fee as that for a R1 500 debit order, namely
                                                                       than I should?
    R10,25.




2                                                                                                               Pricing it right for you. | 3
    Tips on how to save                                                Overdraft facility
                                                                       •   Stay within your current account overdraft limit. In this
                                                                           way you will avoid having your transaction rejected
    It is important to choose the right account options for you – if
                                                                           and/or paying administration fees.
    you don’t take the time out to understand your banking
                                                                       •   Apply for a higher overdraft limit if your current limit is
    behaviour, you could be paying unnecessary fees or paying
                                                                           insufficient.
    more than you should.
                                                                       •   If you never use your overdraft facility, ask your banker to
                                                                           cancel it and you will avoid paying the monthly overdraft
    Benefit from a host of free transactions – some of our products
                                                                           facility fee. Alternatively, if you only use part of your
    reward clients by reducing transaction fees if a minimum
                                                                           facility, reduce the amount to align with your
    positive balance in maintained.
                                                                           requirements and pay a reduced facility fee.
    Cash
    •    Avoid the cost and risk of withdrawing cash by using your     Credit cards
         debit or cheque card as your preferred method of
                                                                       •   Use your credit card for everyday purchases and regular
         payment for goods and services. On the same note, use
                                                                           monthly payments as there are no fees for transactions at
         your garage card instead of cash for vehicle-related
                                                                           retail stores (casino chips, cash withdrawals and fuel
         expenses.
                                                                           purchases are excluded).
    •    If you must draw cash, remember the following:
         – It’s cheaper to draw one lump sum than many small
            amounts.
         – Withdraw cash when you purchase at tillpoints of
            participating retail stores.                                                                 What should I do
         – Always use Nedbank ATMs to avoid paying the Saswitch                                          with the extra money
            convenience fee.
                                                                                                         I will save?
    •    Avoid the cost of depositing cash by receiving payments
         electronically – all electronic payments and cheque
         deposits into your account are free.


    Self-service banking
    •    It’s cheaper to pay accounts electronically using internet,
         WAP, SMS and telephone banking or self-service banking
         terminals.
    •    All SMS banking transactions are FREE.




                                                                                            As a general rule, pay off your short-term
                                                                                            debt first as the interest on these
                                                                                            accounts is usually charged at a higher
                                                                                            rate. You should then try to settle any
                                                                                            long-term debt and whatever you have
                                                                                            left over. Invest into a money market or a
                                                                                            savings account.




4                                                                                                                  Pricing it right for you. | 5
     Basic banking

     Mzansi Account
    The Nedbank Mzansi Account has been designed to meet the
    transactional needs of entry-level banking clients or those who have
    previously not made use of banking products and services. To open a
    Mzansi Account you will need a green bar-coded identity document
    and a minimum opening deposit of R20.




    Fee structure
     TRANSACTION                                        FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

    MONTHLY FEES                                                                BALANCE ENQUIRIES
     Monthly maintenance                                Free.                    Over the counter                                       Free.
     Self-service banking subscription1                 Free.                    Nedbank ATM                                            First free per month,
                                                                                                                                        thereafter R1,10.
    DEPOSITS
                                                                                 Another bank’s ATM                                     R1,10.
     Cash (over the counter/at Nedbank ATM)             First free per month,    Self-service banking channel                           Free.
                                                        thereafter R5,70.
     Cheque (over the counter/at Nedbank ATM)           Free.                   STATEMENT ENQUIRIES
                                                                                 Over the counter                                       First free per month,
    CASH WITHDRAWALS
                                                                                                                                        thereafter R2,40.
     Over the counter                                   R11,00.                  Nedbank ATM                                            First free per month,
     Nedbank ATM                                        R4,60.                                                                          thereafter R2,20.
     Another bank’s ATM                                 R4,60.                   Nedbank self-service terminal                          First free per month,
     Tillpoint – cash only                              R2,10.                                                                          thereafter R2,40.
     Tillpoint – cash with purchase                     R4,20.                   Internet banking – statement up to five years          Free.
    ACCOUNT PAYMENT AND PURCHASES                                               OTHER FEES
     Bank’s own cheque                                  R11,00.                  Transactions in excess of monthly limit                Free.
     Electronic interaccount transfer2                  R1,30.                   Dishonoured payment                                    First free per month,
     Electronic account payment2                        R2,40.                                                                          thereafter R10,00 per
     Stop-order-processing fee                          R2,40.                                                                          item.
     Debit order – internal                             R1,30.                   Stop-payment instruction                               R11,00.
     Debit order – external                             R2,40.
     Visa Electron/Maestro debit card purchase          R2,10.




                                                                                Notes
                                                                                1 Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                    Banking (SMS) and Telephone Banking.
                                                                                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.




6                                                                                                                                   Pricing it right for you. | 7
     Basic banking

     Transactor Plus Account
    If you are starting out and have never had a bank account before, or need to get
    back on your feet and reestablish your creditworthiness, the Nedbank Transactor
    Plus Account will give you a basis to build a secure financial future.

    Enjoy lower banking fees with your Transactor Plus Account, and have money to
    do the things that matter the most to you. With your Transactor Plus Account
    you get a wide range of features and benefits.

    This account takes away the mystery of bank charges – you are able to see what
    each transaction costs and you are not surprised at the end of the month with a
    lump sum debit.
    Fee structure
     TRANSACTION                                               FEE AMOUNT               TRANSACTION                                           FEE AMOUNT

    MONTHLY FEES                                                                       BALANCE ENQUIRIES
     Monthly maintenance                                       R7,50.                   Over the counter                                      First free per month,
     Self-service banking subscription1                        R10,00.                                                                        thereafter R2,00.
                                                                                        Nedbank ATM                                           First free per month,
    DEPOSITS
                                                                                                                                              thereafter R1,10.
     Cash (over the counter/at Nedbank ATM)                    First free per month,    Another bank’s ATM                                    R3,60.
                                                               thereafter R1,15         Self-service banking channel                          Free.
                                                               per R100 or part
                                                               thereof.                STATEMENT ENQUIRIES
     Cheque (over the counter/at Nedbank ATM)                  Free.                    Over the counter                                      First free per month,
                                                                                                                                              thereafter R6,00.
    CASH WITHDRAWALS
                                                                                        Nedbank ATM                                           First free per month,
     Over the counter                                          R10,00 plus R1,00 per                                                          thereafter R3,00.
                                                               R100 or part thereof.    Nedbank self-service terminal                         First free per month,
     Nedbank ATM                                               R5,50.                                                                         thereafter R3,00.
     Another bank’s ATM                                        R8,75 plus R0,95 per     Internet banking – statement up to five years         Free.
                                                               R100 or part thereof.
     Tillpoint – cash only                                     R2,10.                  OTHER FEES
     Tillpoint – cash with purchase                            R4,20.                   Dishonoured payment                                   R28,00 per item.
                                                                                        Stop-payment instruction                              R30,00.
    ACCOUNT PAYMENT AND PURCHASES
     Bank’s own cheque                                         R20,00.
     Electronic interaccount transfer2                         R3,25.
     Electronic account payment2                               R4,50.
     Stop-order-processing fee                                 R5,50.
     Debit order – internal                                    R3,00.
     Debit order – external                                    R5,00.
     Visa Electron/Maestro debit card purchase                 R2,10.




                                                                                       Notes
                                                                                       1 Includes NetBank internet banking, Telephone Banking: Agent-assisted and
                                                                                           Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
                                                                                           Self-service 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.



8                                                                                                                                         Pricing it right for you. | 9
       Basic banking

      Savings Deposit Account
     The Nedbank Savings Deposit Account is available to individuals of 18 years
     and older, and offers a secure, attractive method of saving funds at market-
     related rates, while at the same time allowing for immediate access to funds.




     Fee structure
       TRANSACTION                                               FEE AMOUNT FOR           TRANSACTION                                            FEE AMOUNT FOR
                                                                 BALANCES OF                                                                     BALANCES OF
                                                                 R5 000 OR MORE                                                                  R5 000 OR MORE
     MONTHLY FEES                                                                        BALANCE ENQUIRIES
       Monthly maintenance                                       Free.                    Over the counter                                       First free per month,
       Self-service banking subscription1                        R15,00.                                                                         thereafter R2,00.
                                                                                          Nedbank ATM                                            Free
     DEPOSITS
                                                                                          Another bank’s ATM                                     R3,60.
       Cash (over the counter/at Nedbank ATM)                    First free per month,    Self-service banking channel                           Free.
                                                                 thereafter R1,15 per
                                                                 R100 or part thereof.   STATEMENT ENQUIRIES
       Cheque (over the counter/at Nedbank ATM)                  Free.                    Over the counter                                       First free per month,
                                                                                                                                                 thereafter R8,00.
     CASH WITHDRAWALS
                                                                                          Nedbank ATM                                            Free.
       Over the counter                                         R20,00 plus R1,10 per     Nedbank self-service terminal                          First free per month,
                                                                R100 or part thereof.                                                            thereafter R3,00.
       Nedbank ATM                                              R0,95 per R100 or         Internet banking – statement up to five years          Free.
                                                                part thereof.
       Another bank’s ATM                                       R5,50 plus R0,95 per     OTHER FEES
                                                                R100 or part thereof.     Dishonoured payment                                    R50,00 per item.
       Tillpoint – cash only                                    R2,10.                    Stop-payment instruction                               R30,00.
       Tillpoint – cash with purchase                           R4,20.
     ACCOUNT PAYMENT AND PURCHASES
       Bank’s own cheque                                         R20,00.
       Electronic interaccount transfer2                         Free.
       Electronic account payment2                               Free.
       Stop-order-processing fee                                 R10,00.
       Debit order – internal                                    R5,00.
       Debit order – external                                    R10,25.
       Visa Electron/Maestro debit card purchase                 R2,10.




                                                                                         Notes
                                                                                         1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
                                                                                              Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
                                                                                              Self-service are free.
                                                                                         2    Includes transfers and payments from self-service terminals, NetBank
                                                                                              internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                              Telephone Banking: Self-service.



10                                                                                                                                          Pricing it right for you. | 11
       Packaged options

      Savvy Electronic Current Account
     Our Savvy Electronic Current Account is a great value-for-money product that
     offers all electronic transactions for free by paying a fixed monthly fee of R65.
     This product is suited for clients with access to self-service channels, which
     effectively reduces the impact to the environment. Paper-based transactions
     are charged at a premium, with a portion contributed to The Green Trust.




     Fee structure
       TRANSACTION                                                 FEE AMOUNT               TRANSACTION                                              FEE AMOUNT
     ANNUAL SERVICE FEES                                                                   BALANCE ENQUIRIES
       Classic Cheque Card                                         Free.                    Over the counter                                         Free.
     MONTHLY FEES                                                                           Nedbank ATM                                              Free.
                                                                                            Another bank’s ATM                                       R4,00.
       Monthly maintenance                                         R65,00.                  Self-service banking channel                             Free.
       Overdraft facility                                          R5,50 for limits from
                                                                   R1 to R5 000.           STATEMENT ENQUIRIES
                                                                   R11,00 for limits        Over the counter                                         Free.
                                                                   from R5 001 to           Nedbank ATM                                              Free.
                                                                   R10 000.                 Nedbank self-service terminal                            Free.
                                                                   R16,50 for limits of     Internet banking – statement up to five years            Free.
                                                                   R10 001 and higher.     OTHER FEES
       Self-service banking subscription1                          Free.
                                                                                            Dishonoured payment                                      R75,00 per item.
     DEPOSITS                                                                               Honouring (only applicable to accounts in operation
       Cash (over the counter/at Nedbank ATM)3                     First deposit R10,00,    before 1 June 2007)                                      R75,00 per item.
                                                                   thereafter R10,00.       Stop-payment instruction                                 R30,00.
                                                                   plus R1,15 per R100
                                                                   or part thereof.
       Cheque (over the counter/at Nedbank ATM)                    Free.
     CASH WITHDRAWALS
       Over the counter3                                           R30,00 plus R1,10 per
                                                                   R100 or part thereof.
       Nedbank ATM                                                 Four free per month,
                                                                   thereafter R8,00.
       Another bank’s ATM3                                         R18,75 plus R0,95 per
                                                                   R100 or part thereof.
       Tillpoint – cash only                                       R3,50.
       Tillpoint – cash with purchase                              R3,50.
     ACCOUNT PAYMENT AND PURCHASES
       Cheque payment3                                             R24,00.
       Electronic interaccount transfer2                           Free.
       Electronic account payment2                                 Free.
       Stop-order-processing fee                                   Free.
       Debit order – internal                                      Free.
       Debit order – external                                      Free.
       Cheque card purchase                                        Free.
                                                                                           Notes
                                                                                           1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                                Banking (SMS) and Telephone Banking.
                                                                                           2    Includes transfers and payments from self-service terminals, NetBank
                                                                                                internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                                Telephone Banking: Self-service.
                                                                                           3    A R10,00 premium is levied for branch and paper-based transactions, with a
                                                                                                portion contributed to The Green Trust.


12                                                                                                                                             Pricing it right for you. | 13
       Packaged options

      Everyday Current Account
     Our Everyday Account is a current account for your everyday banking needs,
     but with a difference – it comes with a bundled monthly fee that covers most
     banking needs. It’s simple – you’ll pay a fixed fee of only R90,00 a month for a
     comprehensive bundle of certain free personal banking services and
     transactions. This fee could drop even further, to R60,00, if you have a
     Nedbank home loan as well as a Nedbank credit card with debit orders routed
     through the Everyday Current Account.




     Fee structure
       TRANSACTION                                                FEE AMOUNT               TRANSACTION                                            FEE AMOUNT
     ANNUAL SERVICE FEES                                                                  BALANCE ENQUIRIES
       Classic Cheque Card                                        Free.                    Over the counter                                       Free.
     MONTHLY FEES                                                                          Nedbank ATM                                            Free.
                                                                                           Another bank’s ATM                                     R4,00.
       Monthly maintenance                                        R90,00.                  Self-service banking channel                           Free.
       With a Nedbank credit card and home loan debit order
       linked to the account (paid as a rebate)                   R60,00.                 STATEMENT ENQUIRIES
       Overdraft facility                                         R5,50 for limits from    Over the counter                                       Free.
                                                                  R1 to R5 000.            Nedbank ATM                                            Free.
                                                                  R11,00 for limits        Nedbank self-service terminal                          Free.
                                                                  from R5 001 to           Internet banking – statement up to five years          Free.
                                                                  R10 000 .               OTHER FEES
                                                                  R16,50 for limits of
                                                                  R10 001 and higher.      Dishonoured payment                                    R75,00 per item.
       Self-service banking subscription1                         Free.                    Honouring (only applicable to accounts in operation
                                                                                           before 1 June 2007)                                    R75,00 per item.
     DEPOSITS                                                                              Stop-payment instruction                               R30,00.
       Cash (over the counter/at Nedbank ATM)                     First free per month,
                                                                  thereafter R1,15 per
                                                                  R100 or part thereof.
       Cheque (over the counter/at Nedbank ATM)                   Free.
     CASH WITHDRAWALS
       Over the counter                                           First free per month,
                                                                  thereafter R20,00
                                                                  plus R1,10 per R100
                                                                  or part thereof.
       Nedbank ATM                                                Four free per month,
                                                                  thereafter R8,00.
       Another bank’s ATM                                         R8,75 plus R0,95 per
                                                                  R100 or part thereof.
       Tillpoint – cash only                                      R3,50.
       Tillpoint – cash with purchase                             R3,50.
     ACCOUNT PAYMENT AND PURCHASES
       Cheque payment                                             R14,00.
       Electronic interaccount transfer2                          Free.
       Electronic account payment2                                Free.
       Stop-order-processing fee                                  Free.
                                                                                          Notes
       Debit order – internal                                     Free.
                                                                                          1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
       Debit order – external                                     Free.
                                                                                               Banking (SMS) and Telephone Banking.
       Cheque card purchase                                       Free.
                                                                                          2    Includes transfers and payments from self-service terminals, NetBank
                                                                                               internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                               Telephone Banking: Self-service.




14                                                                                                                                           Pricing it right for you. | 15
      Pay as you use

      N-5000 Current Account
     The Nedbank N-5000 Current Account is the account to have if you would like
     to ‘park’ a sum of money with cheque account access. This unique cheque
     account provides the accessibility and versatility of a normal cheque account
     and earns you interest on the funds, with reduced fees.




     Fee structure
      TRANSACTION                                            FEE AMOUNT FOR            TRANSACTION                                           FEE AMOUNT FOR
                                                             BALANCES OF                                                                     BALANCES OF
                                                             R20 000 OR MORE                                                                 R20 000 OR MORE
                                                             AND TRANSACTIONS                                                                AND TRANSACTIONS
                                                             OF R500 OR MORE                                                                 OF R500 OR MORE
     ANNUAL SERVICE FEES                                                              BALANCE ENQUIRIES
      Classic Cheque Card                                    R125,00.                  Over the counter                                      First free per month,
     MONTHLY FEES                                                                                                                            thereafter R2,00.
                                                                                       Nedbank ATM                                           Free.
      Monthly maintenance                                    Free.                     Another bank’s ATM                                    R3,60.
      Self-service banking subscription1                     R15,00.                   Self-service banking channel                          Free.
     DEPOSITS                                                                         STATEMENT ENQUIRIES
      Cash (over the counter/at Nedbank ATM)                 R0,58 per R100 or part    Over the counter                                      First free per month,
                                                             thereof.                                                                        thereafter R8,00.
      Cheque (over the counter/at Nedbank ATM)               Free.                     Nedbank ATM                                           Free.
     CASH WITHDRAWALS                                                                  Nedbank self-service terminal                         First free per month,
      Over the counter                                       R20,00 plus R1,10 per                                                           thereafter R3,00.
                                                             R100 or part thereof.     Internet banking – statement up to five years         Free.
      Nedbank ATM                                            R0,95 per R100 or part   OTHER FEES
                                                             thereof.                  Dishonoured payment                                   R75,00 per item.
      Another bank’s ATM                                     R5,50 plus R0,95 per      Honouring (only applicable to accounts in operation
                                                             R100 or part thereof.     before 1 June 2007)                                   R75,00 per item.
      Tillpoint – cash only                                  R3,50.                    Stop-payment instruction                              R30,00.
      Tillpoint – cash with purchase                         R3,50.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                         Free.
      Electronic interaccount transfer2                      Free.
      Electronic account payment2                            Free.
      Stop-order-processing fee                              Free.
      Debit order – internal                                 Free.
      Debit order – external                                 Free.
      Cheque card purchase                                   Free.




                                                                                      Notes
                                                                                      1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
                                                                                           Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
                                                                                           Self-service are free.
                                                                                      2    Includes transfers and payments from self-service terminals, NetBank
                                                                                           internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                           Telephone Banking: Self-service.



16                                                                                                                                       Pricing it right for you. | 17
      Pay as you use

      Nedbank Current Account
     At the heart of Nedbank’s banking service is a prestigious pay-as-you-transact
     current account – your complete solution that provides a link to all our other
     products and services. To qualify for this account you must be 25 years or
     older, earn a minimum gross income of R3 000 a month and have a clear credit
     record.




     Fee structure
      TRANSACTION                                               FEE AMOUNT               TRANSACTION                                            FEE AMOUNT
     ANNUAL SERVICE FEES                                                                BALANCE ENQUIRIES
      Classic Cheque Card                                       R125,00.                 Over the counter                                       First free per month,
     MONTHLY FEES                                                                                                                               thereafter R2,00.
                                                                                         Nedbank ATM                                            First free per month,
      Monthly maintenance                                       R11,00.                                                                         thereafter R1,10.
      Overdraft facility                                        R5,50 for limits from    Another bank’s ATM                                     R3,60.
                                                                R1 to R5 000.            Self-service banking channel                           Free.
                                                                R11,00 for limits
                                                                from R5 001 to          STATEMENT ENQUIRIES
                                                                R10 000 .                Over the counter                                       First free per month,
                                                                R16,50 for limits of                                                            thereafter R8,00.
                                                                R10 001 and higher.      Nedbank ATM                                            First free per month,
      Self-service banking subscription1                        R15,00.                                                                         thereafter R3,00.
     DEPOSITS                                                                            Nedbank self-service terminal                          First free per month,
                                                                                                                                                thereafter R3,00.
      Cash (over the counter/at Nedbank ATM)                    R1,15 per R100 or        Internet banking – statement up to five years          Free.
                                                                part thereof.
      Cheque (over the counter/at Nedbank ATM)                  Free.                   OTHER FEES
     CASH WITHDRAWALS                                                                    Dishonoured payment                                    R75,00 per item.
                                                                                         Honouring (only applicable to accounts in operation
      Over the counter                                          R20,00 plus R1,10 per    before 1 June 2007)                                    R75,00 per item.
                                                                R100 or part thereof.    Stop-payment instruction                               R30,00.
      Nedbank ATM                                               R3,25 plus R0,95 per
                                                                R100 or part thereof.
      Another bank’s ATM                                        R8,75 plus R0,95 per
                                                                R100 or part thereof.
      Tillpoint – cash only                                     R3,50.
      Tillpoint – cash with purchase                            R5,00.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                            R7,70 for values from
                                                                R1 to R499.
                                                                R15,40 for values
                                                                from R500 to R1 499.
                                                                R27,50 for values
                                                                above R1 500.
      Electronic interaccount transfer2                         R3,25.
      Electronic account payment2                               R6,75.
      Stop-order-processing fee                                 R10,00.
                                                                                        Notes
      Debit order – internal                                    R5,00.
                                                                                        1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
      Debit order – external                                    R10,25.
                                                                                             Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
      Cheque card purchase                                      R3,50.
                                                                                             Self-service 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.



18                                                                                                                                         Pricing it right for you. | 19
      Students and young adults

      NedSave Account
     The NedSave Account is a savings vehicle for people aged 18 years or younger.
     It can be used to save pocket money, monetary gifts from friends and family,
     and even earnings from a parttime job. By opening a NedSave Account you are
     taking the first step towards financial responsibility and independence.




     Fee structure
      TRANSACTION                                              FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

     MONTHLY FEES                                                                      BALANCE ENQUIRIES
      Monthly maintenance                                      Free.                    Over the counter                                       First free per month,
      Self-service banking subscription1                       Free.                                                                           thereafter R2,00.
                                                                                        Nedbank ATM                                            Free.
     DEPOSITS
                                                                                        Another bank’s ATM                                     R3,60.
      Cash (over the counter/at Nedbank ATM)                   First free per month,    Self-service banking channel                           Free.
                                                               thereafter R1,15 per
                                                               R100 or part thereof.   STATEMENT ENQUIRIES
      Cheque (over the counter/at Nedbank ATM)                 Free.                    Over the counter                                       First free per month,
                                                                                                                                               thereafter R8,00.
     CASH WITHDRAWALS
                                                                                        Nedbank ATM                                            Free.
      Over the counter                                         Free.                    Nedbank self-service terminal                          First free per month,
      Nedbank ATM                                              Free.                                                                           thereafter R3,00.
      Another bank’s ATM                                       R5,50 plus R0,95 per     Internet banking – statement up to five years          Free.
                                                               R100 or part thereof.
      Tillpoint – cash only                                    R2,10.                  OTHER FEES
      Tillpoint – cash with purchase                           R4,20.                   Dishonoured payment                                    R50,00 per item.
                                                                                        Stop-payment instruction                               R30,00.
     ACCOUNT PAYMENT AND PURCHASES
      Bank’s own cheque                                        Free.
      Electronic interaccount transfer2                        Free.
      Electronic account payment2                              Free.
      Stop-order-processing fee                                Free.
      Debit order – internal                                   Free.
      Debit order – external                                   Free.
      Visa Electron/Maestro debit card purchase                R2,10.




                                                                                       Notes
                                                                                       1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                            Banking (SMS) and Telephone Banking.
                                                                                       2    Includes transfers and payments from self-service terminals, NetBank
                                                                                            internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                            Telephone Banking: Self-service.




20                                                                                                                                        Pricing it right for you. | 21
       Students and young adults

      Dezign Student Current Account
     The Nedbank Dezign Student Current Account is specifically for fulltime
     students from 18 to 24 years of age. For as little as R13,50 you get a range of
     benefits, perfectly designed for your needs.

     Go out there and Dezign yourself with Nedbank.




     Fee structure
       TRANSACTION                                                FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

     MONTHLY FEES                                                                         BALANCE ENQUIRIES
       Monthly maintenance                                        R13,50.                  Over the counter                                       Free.
       Self-service banking subscription1                         Free.                    Nedbank ATM                                            Free.
                                                                                           Another bank’s ATM                                     R4,00.
     DEPOSITS
                                                                                           Self-service banking channel                           Free.
       Cash (over the counter/at Nedbank ATM)                     First free per month,
                                                                  thereafter R1,15 per    STATEMENT ENQUIRIES
                                                                  R100 or part thereof.    Over the counter                                       Free.
       Cheque (over the counter/at Nedbank ATM)                   Free.                    Nedbank ATM                                            Free.
                                                                                           Nedbank self-service terminal                          Free.
     CASH WITHDRAWALS
                                                                                           Internet banking – statement up to five years          Free.
       Over the counter                                           First free per month,
                                                                  thereafter R20,00       OTHER FEES
                                                                  plus R1,10 per R100      Dishonoured payment                                    R75,00 per item.
                                                                  or part thereof.         Honouring (only applicable to accounts in operation
       Nedbank ATM                                                Free.                    before 1 June 2007)                                    R75,00 per item.
       Another bank’s ATM                                         R8,75 plus R0,95 per     Stop-payment instruction                               R30,00.
                                                                  R100 or part thereof.
       Tillpoint – cash only                                      R3,50.
       Tillpoint – cash with purchase                             R3,50.
     ACCOUNT PAYMENT AND PURCHASES
       Bank’s own cheque                                          Free.
       Electronic interaccount transfer2                          Free.
       Electronic account payment2                                Free.
       Stop-order-processing fee                                  Free.
       Debit order – internal                                     Free.
       Debit order – external                                     Free.
       Visa Electron/Maestro debit card purchase                  Free.




                                                                                          Notes
                                                                                          1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                               Banking (SMS) and Telephone Banking.
                                                                                          2    Includes transfers and payments from self-service terminals, NetBank
                                                                                               internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                               Telephone Banking: Self-service.




22                                                                                                                                           Pricing it right for you. | 23
      Students and young adults

      Dezign Banking Current Account
     The Nedbank Dezign Banking Current Account is an account for young adults
     from 18 to 24 years of age. It is an ideal product for people entering the
     working world or parttime students who are looking for a current account to
     help manage their finances while at the same time enjoying full transactional
     capability.




     Fee structure
      TRANSACTION                                               FEE AMOUNT               TRANSACTION                                            FEE AMOUNT
     ANNUAL SERVICE FEES                                                                BALANCE ENQUIRIES
      Classic Cheque Card                                       R95,00.                  Over the counter                                       First free per month,
     MONTHLY FEES                                                                                                                               thereafter R2,00.
                                                                                         Nedbank ATM                                            First free per month,
      Monthly maintenance                                       Free.                                                                           thereafter R1,10.
      Overdraft facility                                        R5,50 for limits from    Another bank’s ATM                                     R3,60.
                                                                R1 to R5 000.            Self-service banking channel                           Free.
                                                                R11,00 for limits
                                                                from R5001 to           STATEMENT ENQUIRIES
                                                                R10 000.                 Over the counter                                       First free per month,
                                                                R16,50 for limits of                                                            thereafter R8,00.
                                                                R10 001 and higher.      Nedbank ATM                                            First free per month,
      Self-service banking subscription1                        Free.                                                                           thereafter R3,00.
     DEPOSITS                                                                            Nedbank self-service terminal                          First free per month,
                                                                                                                                                thereafter R3,00.
      Cash (over the counter/at Nedbank ATM)                    R0,58 per R100 or        Internet banking – statement up to five years          Free.
                                                                part thereof.
      Cheque (over the counter/at Nedbank ATM)                  Free.                   OTHER FEES
     CASH WITHDRAWALS                                                                    Dishonoured payment                                    R75,00 per item.
                                                                                         Honouring (only applicable to accounts in operation
      Over the counter                                          R20,00 plus R1,10 per    before 1 June 2007)                                    R75,00 per item.
                                                                R100 or part thereof.    Stop-payment instruction                               R30,00.
      Nedbank ATM                                               R3,25 plus R0,95 per
                                                                R100 or part thereof.
      Another bank’s ATM                                        R8,75 plus R0,95 per
                                                                R100 or part thereof.
      Tillpoint – cash only                                     R3,50.
      Tillpoint – cash with purchase                            R5,00.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                            R4,40 for values from
                                                                R1 to R499.
                                                                R9,90 for values from
                                                                R500 to R1 499.
                                                                R17,60 for values
                                                                above R1 500.
      Electronic interaccount transfer2                         R3,25.
      Electronic account payment2                               R4,00.
      Stop-order-processing fee                                 R7,70.
                                                                                        Notes
      Debit order – internal                                    R5,00.
                                                                                        1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
      Debit order – external                                    R6,75.
                                                                                             Banking (SMS) and Telephone Banking.
      Cheque card purchase                                      R3,50.
                                                                                        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.




24                                                                                                                                         Pricing it right for you. | 25
      Students and young adults

      Dezign Save Account
     A Dezign Save Account offers individuals from 18 to 24 years of age a savings
     vehicle that not only provides market-related interest rates but also
     transactional ability, allowing easy and immediate access to cash.




     Fee structure
      TRANSACTION                                               FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

     MONTHLY FEES                                                                       BALANCE ENQUIRIES
      Monthly maintenance                                       Free.                    Over the counter                                       First free per month,
      Self-service banking subscription1                        Free.                                                                           thereafter R2,00.
                                                                                         Nedbank ATM                                            Free.
     DEPOSITS
                                                                                         Another bank’s ATM                                     R3,60.
      Cash (over the counter/at Nedbank ATM)                    First free per month,    Self-service banking channel                           Free.
                                                                thereafter R1,15 per
                                                                R100 or part thereof.   STATEMENT ENQUIRIES
      Cheque (over the counter/at Nedbank ATM)                  Free.                    Over the counter                                       First free per month,
                                                                                                                                                thereafter R8,00.
     CASH WITHDRAWALS
                                                                                         Nedbank ATM                                            Free.
      Over the counter                                          Free.                    Nedbank self-service terminal                          First free per month,
      Nedbank ATM                                               R0,95 per R100 or                                                               thereafter R3,00.
                                                                part thereof.            Internet banking – statement up to five years          Free.
      Another bank’s ATM                                        R5,50 plus R0,95 per
                                                                R100 or part thereof.   OTHER FEES
      Tillpoint – cash only                                     R2,10.                   Dishonoured payment                                    R50,00 per item.
      Tillpoint – cash with purchase                            R4,20.                   Stop-payment instruction                               R30,00.
     ACCOUNT PAYMENT AND PURCHASES
      Bank’s own cheque                                         Free.
      Electronic interaccount transfer2                         Free.
      Electronic account payment2                               Free.
      Stop-order-processing fee                                 Free.
      Debit order – internal                                    Free.
      Debit order – external                                    Free.
      Visa Electron/Maestro debit card purchase                 R2,10.




                                                                                        Notes
                                                                                        1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                             Banking (SMS) and Telephone Banking.
                                                                                        2    Includes transfers and payments from self-service terminals, NetBank
                                                                                             internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                             Telephone Banking: Self-service.




26                                                                                                                                         Pricing it right for you. | 27
      People of 55 and over

      Optimum Current Account
     The Nedbank Optimum Current Account is the ‘peace of mind’ account that
     forms part of the special Optimum Portfolio for people from 55 to 70 years of
     age. The benefit of reduced service fees and certain free banking transactions
     only applies if a balance of at least R10 000 is invested in a Nedbank fixed-
     deposit account, notice deposit account or JustSave Account (excluding any
     deposits made with Nedgroup Investments).




     Fee structure
      TRANSACTION                                             FEE AMOUNT FOR            TRANSACTION                                           FEE AMOUNT FOR
                                                              BALANCES OF                                                                     BALANCES OF
                                                              R10 000 OR MORE                                                                 R10 000 OR MORE
                                                              IN A NEDBANK                                                                    IN A NEDBANK
                                                              FIXED-DEPOSIT                                                                   FIXED-DEPOSIT
                                                              OR NOTICE DEPOSIT                                                               OR NOTICE DEPOSIT
                                                              OR JUSTSAVE                                                                     OR JUSTSAVE
                                                              ACCOUNT                                                                         ACCOUNT
     ANNUAL SERVICE FEES                                                               BALANCE ENQUIRIES
      Classic Cheque Card                                     R125,00.                  Over the counter                                      First free per month,
     MONTHLY FEES                                                                                                                             thereafter R2,00.
                                                                                        Nedbank ATM                                           Free.
      Monthly maintenance                                     Free.                     Another bank’s ATM                                    R3,60.
      Overdraft facility                                      R5,50 for limits from     Self-service banking channel                          Free.
                                                              R1 to R5 000.
                                                              R11,00 for limits from   STATEMENT ENQUIRIES
                                                              R5 001 to R10 000.        Over the counter                                      First free per month,
                                                              R16,50 for limits of                                                            thereafter R8,00.
                                                              R10 001 and higher.       Nedbank ATM                                           Free.
      Self-service banking subscription1                      Free.                     Nedbank self-service terminal                         First free per month,
     DEPOSITS                                                                                                                                 thereafter R3,00.
                                                                                        Internet banking – statement up to five years         Free.
      Cash (over the counter/at Nedbank ATM)                  R0,58 per R100 or part
                                                              thereof.                 OTHER FEES
      Cheque (over the counter/at Nedbank ATM)                Free.                     Dishonoured payment                                   R75,00 per item.
     CASH WITHDRAWALS                                                                   Honouring (only applicable to accounts in operation
                                                                                        before 1 June 2007)                                   R75,00 per item.
      Over the counter                                        Four free per month,      Stop-payment instruction                              R30,00.
                                                              thereafter R20,00 plus
                                                              R1,10 per R100 or part
                                                              thereof.
      Nedbank ATM                                             R0,95 per R100 or part
                                                              thereof.
      Another bank’s ATM                                      R5,50 plus R0,95 per
                                                              R100 or part thereof.
      Tillpoint – cash only                                   R3,50.
      Tillpoint – cash with purchase                          R3,50.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                          Free.
                                                                                       Notes
      Electronic interaccount transfer2                       Free.
                                                                                       1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
      Electronic account payment2                             Free.
                                                                                            Banking (SMS) and Telephone Banking.
      Stop-order-processing fee                               Free.
                                                                                       2    Includes transfers and payments from self-service terminals, NetBank
      Debit order – internal                                  Free.
                                                                                            internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
      Debit order – external                                  Free.
                                                                                            Telephone Banking: Self-service.
      Cheque card purchase                                    Free.



28                                                                                                                                        Pricing it right for you. | 29
      People of 55 and over

      Optimum Savings Deposit Account
     The Nedbank Optimum Savings Deposit Account is part of the special
     Optimum Portfolio and it is exclusively available to individuals from 55 to 70
     years of age who have at least R10 000 invested in a Nedbank fixed-deposit or
     notice deposit account (including the JustSave Account and excluding any
     deposits made with Nedgroup Investments).




     Fee structure
      TRANSACTION                                             FEE AMOUNT FOR            TRANSACTION                                          FEE AMOUNT FOR
                                                              BALANCES OF                                                                    BALANCES OF
                                                              R10 000 OR MORE                                                                R10 000 OR MORE
                                                              IN A NEDBANK                                                                   IN A NEDBANK
                                                              FIXED-DEPOSIT                                                                  FIXED-DEPOSIT
                                                              OR NOTICE DEPOSIT                                                              OR NOTICE DEPOSIT
                                                              OR JUSTSAVE                                                                    OR JUSTSAVE
                                                              ACCOUNT                                                                        ACCOUNT
     MONTHLY FEES                                                                      BALANCE ENQUIRIES
      Monthly maintenance                                     Free.                     Over the counter                                     First free per month,
      Self-service banking subscription1                      Free.                                                                          thereafter R2,00.
     DEPOSITS                                                                           Nedbank ATM                                          Free.
                                                                                        Another bank’s ATM                                   R3,60.
      Cash (over the counter/at Nedbank ATM)                  First free per month,     Self-service banking channel                         Free.
                                                              thereafter R1,15 per
                                                              R100 or part thereof.    STATEMENT ENQUIRIES
      Cheque (over the counter/at Nedbank ATM)                Free.                     Over the counter                                     First free per month,
     CASH WITHDRAWALS                                                                                                                        thereafter R8,00.
                                                                                        Nedbank ATM                                          Free.
      Over the counter                                        Four free per month,      Nedbank self-service terminal                        First free per month,
                                                              thereafter R20,00 plus                                                         thereafter R3,00.
                                                              R1,10 per R100 or part    Internet banking – statement up to five years        Free.
                                                              thereof.
      Nedbank ATM                                             Free.                    OTHER FEES
      Another bank’s ATM                                      R5,50 plus R0,95 per      Dishonoured payment                                  R50,00 per item.
                                                              R100 or part thereof.     Stop-payment instruction                             R30,00.
      Tillpoint – cash only                                   R2,10.
      Tillpoint – cash with purchase                          R4,20.
     ACCOUNT PAYMENT AND PURCHASES
      Bank’s own cheque                                       Free.
      Electronic interaccount transfer2                       Free.
      Electronic account payment2                             Free.
      Stop-order-processing fee                               Free.
      Debit order – internal                                  Free.
      Debit order – external                                  Free.
      Visa Electron/Maestro debit card purchase               R2,10.


                                                                                       Notes
                                                                                       1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                            Banking (SMS) and Telephone Banking.
                                                                                       2    Includes transfers and payments from self-service terminals, NetBank
                                                                                            internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                            Telephone Banking: Self-service.




30                                                                                                                                        Pricing it right for you. | 31
       People of 55 and over

      Prime Club Current Account
     A transactional account package designed for people aged 70 and older. You
     are provided with certain free banking transactions and reduced service fees if
     a minimum balance of R10 000 is held in a Nedbank fixed-deposit account,
     notice deposit account or a JustSave Account (excluding any deposits made
     with Nedgroup Investments).




     Fee structure
       TRANSACTION                                             FEE AMOUNT FOR            TRANSACTION                                           FEE AMOUNT FOR
                                                               BALANCES OF                                                                     BALANCES OF
                                                               R10 000 OR MORE                                                                 R10 000 OR MORE
                                                               IN A NEDBANK                                                                    IN A NEDBANK
                                                               FIXED-DEPOSIT                                                                   FIXED-DEPOSIT
                                                               OR NOTICE DEPOSIT                                                               OR NOTICE DEPOSIT
                                                               OR JUSTSAVE                                                                     OR JUSTSAVE
                                                               ACCOUNT                                                                         ACCOUNT
     ANNUAL SERVICE FEES                                                                BALANCE ENQUIRIES
       Classic Cheque Card                                     R125,00.                  Over the counter                                      First free per month,
     MONTHLY FEES                                                                                                                              thereafter R2,00.
                                                                                         Nedbank ATM                                           Free.
       Monthly maintenance                                     Free.                     Another bank’s ATM                                    R3,60.
       Overdraft facility                                      R5,50 for limits from     Self-service banking channel                          Free.
                                                               R1 to R5 000.
                                                               R11,00 for limits from   STATEMENT ENQUIRIES
                                                               R5 001 to                 Over the counter                                      First free per month,
                                                               R10 000.                                                                        thereafter R8,00.
                                                               R16,50 for limits of      Nedbank ATM                                           Free.
                                                               R10 001 and higher.       Nedbank self-service terminal                         First free per month,
       Self-service banking subscription1                      Free.                                                                           thereafter R3,00.
     DEPOSITS                                                                            Internet banking – statement up to five years         Free.
       Cash (over the counter/at Nedbank ATM)                  R0,58 per R100 or part   OTHER FEES
                                                               thereof.                  Dishonoured payment                                   R75,00 per item.
       Cheque (over the counter/at Nedbank ATM)                Free.                     Honouring (only applicable to accounts in operation
     CASH WITHDRAWALS                                                                    before 1 June 2007)                                   R75,00 per item.
                                                                                         Stop-payment instruction                              R30,00.
       Over the counter                                        Four free per month,
                                                               thereafter R20,00 plus
                                                               R1,10 per R100 or part
                                                               thereof.
       Nedbank ATM                                             R0,95 per R100 or part
                                                               thereof.
       Another bank’s ATM                                      R5,50 plus R0,95 per
                                                               R100 or part thereof.
       Tillpoint – cash only                                   R3,50.
       Tillpoint – cash with purchase                          R3,50.
     ACCOUNT PAYMENT AND PURCHASES
                                                                                        Notes
       Cheque payment                                          Free.
                                                                                        1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
       Electronic interaccount transfer2                       Free.
                                                                                             Banking (SMS) and Telephone Banking.
       Electronic account payment2                             Free.
                                                                                        2    Includes transfers and payments from self-service terminals, NetBank
       Stop-order-processing fee                               Free.
                                                                                             internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
       Debit order – internal                                  Free.
                                                                                             Telephone Banking: Self-service.
       Debit order – external                                  Free.
       Cheque card purchase                                    Free.


32                                                                                                                                         Pricing it right for you. | 33
       People of 55 and over

      Prime Club Savings Account
     The Nedbank Prime Club Savings Account is part of the special Prime Club
     Portfolio and it is exclusively available to individuals of 70 and over who have
     at least R10 000 invested in a Nedbank fixed-deposit or notice deposit
     account (including the JustSave Account and excluding any deposits made
     with Nedgroup Investments).




     Fee structure
       TRANSACTION                                               FEE AMOUNT FOR           TRANSACTION                                          FEE AMOUNT FOR
                                                                 BALANCES OF                                                                   BALANCES OF
                                                                 R10 000 OR MORE                                                               R10 000 OR MORE
                                                                 IN A NEDBANK                                                                  IN A NEDBANK
                                                                 FIXED-DEPOSIT                                                                 FIXED-DEPOSIT
                                                                 OR NOTICE DEPOSIT                                                             OR NOTICE DEPOSIT
                                                                 OR JUSTSAVE                                                                   OR JUSTSAVE
                                                                 ACCOUNT                                                                       ACCOUNT

     MONTHLY FEES                                                                        BALANCE ENQUIRIES
       Monthly maintenance                                       Free.                    Over the counter                                     First free per month,
       Self-service banking subscription1                        Free.                                                                         thereafter R2,00.
                                                                                          Nedbank ATM                                          Free.
     DEPOSITS
                                                                                          Another bank’s ATM                                   R3,60.
       Cash (over the counter/at Nedbank ATM)                   First free per month,     Self-service banking channel                         Free.
                                                                thereafter R1,15 per
                                                                R100 or part thereof.    STATEMENT ENQUIRIES
       Cheque (over the counter/at Nedbank ATM)                 Free.                     Over the counter                                     First free per month,
                                                                                                                                               thereafter R8,00.
     CASH WITHDRAWALS
                                                                                          Nedbank ATM                                          Free.
       Over the counter                                         Four free per month,      Nedbank self-service terminal                        First free per month,
                                                                thereafter R20,00 plus                                                         thereafter R3,00.
                                                                R1,10 per R100 or part    Internet banking – statement up to five years        Free.
                                                                thereof.
       Nedbank ATM                                              Free.                    OTHER FEES
       Another bank’s ATM                                       R5,50 plus R0,95 per      Dishonoured payment                                  R50,00 per item.
                                                                R100 or part thereof.     Stop-payment instruction                             R30,00.
       Tillpoint – cash only                                    R2,10.
       Tillpoint – cash with purchase                           R4,20.
     ACCOUNT PAYMENT AND PURCHASES
       Bank’s own cheque                                         Free.
       Electronic interaccount transfer2                         Free.
       Electronic account payment2                               Free.
       Stop-order-processing fee                                 Free.
       Debit order – internal                                    Free.
       Debit order – external                                    Free.
       Visa Electron/Maestro debit card purchase                 R2,10.


                                                                                         Notes
                                                                                         1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                              Banking (SMS) and Telephone Banking.
                                                                                         2    Includes transfers and payments from self-service terminals, NetBank
                                                                                              internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                              Telephone Banking: Self-service.




34                                                                                                                                          Pricing it right for you. | 35
      Private Bank

      Private Bank Account
     The Nedbank Private Bank Account allows individuals who earn more than
     R400 000 per annum the option of a fixed pricing fee of R212,00 a month,
     while still having access to a personalised private banking relationship.




     Fee structure
      TRANSACTION                                              FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

     ANNUAL SERVICE FEES                                                               BALANCE ENQUIRIES
      Platinum Cheque Card                                     Free.                    Over the counter                                       Free.
                                                                                        Nedbank ATM                                            Free.
     MONTHLY FEES
                                                                                        Another bank’s ATM                                     R3,60.
      Monthly maintenance                                      R212,00.                 Self-service banking channel                           Free.
      Overdraft facility                                       R20,00 for limits
                                                               from R1 to R10 000.     STATEMENT ENQUIRIES
                                                               R30,00 for limits        Over the counter                                       Free.
                                                               from R10 001 to          Nedbank ATM                                            Free.
                                                               R50 000.                 Nedbank self-service terminal                          Free.
                                                               R50,00 for limits of     Internet banking – statement up to five years          Free.
                                                               R50 001 and higher.
                                                                                       OTHER FEES
      Self-service banking subscription1                       Free.
                                                                                        Dishonoured payment                                    R75,00 per item.
     DEPOSITS                                                                           Honouring (only applicable to accounts in operation
      Cash (over the counter/at Nedbank ATM)                   Free.                    before 1 June 2007)                                    R75,00 per item.
      Cheque (over the counter/at Nedbank ATM)                 Free.                    Stop-payment instruction                               R30,00.
     CASH WITHDRAWALS
      Over the counter                                         R20,00 plus R1,10 per
                                                               R100 or part thereof.
      Nedbank ATM                                              Free.
      Another bank’s ATM                                       R8,75 plus R0,95 per
                                                               R100 or part thereof.
      Tillpoint – cash only                                    Free.
      Tillpoint – cash with purchase                           Free.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                           Free.
      Electronic interaccount transfer2                        Free.
      Electronic account payment2                              Free.
      Stop-order-processing fee                                Free.
      Debit order – internal                                   Free.
      Debit order – external                                   Free.
      Cheque card purchase                                     Free.



                                                                                       Notes
                                                                                       1    Includes NetBank internet banking, Cellphone Banking (WAP), Cellphone
                                                                                            Banking (SMS) and Telephone Banking.
                                                                                       2    Includes transfers and payments from self-service terminals, NetBank
                                                                                            internet banking, Cellphone Banking (WAP), Cellphone Banking (SMS) and
                                                                                            Telephone Banking: Self-service.




36                                                                                                                                        Pricing it right for you. | 37
       Private Bank

      Private Bank Current Account
     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               TRANSACTION                                            FEE AMOUNT

     ANNUAL SERVICE FEES                                                                  BALANCE ENQUIRIES
       Cheque Card                                                R125,00.                 Over the counter                                       First free per month,
                                                                                                                                                  thereafter R2,00.
     MONTHLY FEES
                                                                                           Nedbank ATM                                            First free per month,
       Monthly maintenance                                        R60,00.                                                                         thereafter R1,10.
       Overdraft facility                                         R20,00 for limits        Another bank’s ATM                                     R3,60.
                                                                  from R1 to R10 000.      Self-service banking channel                           Free.
                                                                  R30,00 for limits
                                                                  from R10 001 to         STATEMENT ENQUIRIES
                                                                  R50 000.                 Over the counter                                       First free per month,
                                                                  R50,00 for limits of                                                            thereafter R8,00.
                                                                  R50 001 and higher.      Nedbank ATM                                            First free per month,
       Self-service banking subscription1                         R15,00.                                                                         thereafter R3,00.
                                                                                           Nedbank self-service terminal                          First free per month,
     DEPOSITS
                                                                                                                                                  thereafter R3,00.
       Cash (over the counter/at Nedbank ATM)                     R1,15 per R100 or        Internet banking – statement up to five years          Free.
                                                                  part thereof.
       Cheque (over the counter/at Nedbank ATM)                   Free.                   OTHER FEES
                                                                                           Dishonoured payment                                    R75,00 per item.
     CASH WITHDRAWALS
                                                                                           Honouring (only applicable to accounts in operation
       Over the counter                                           R20,00 plus R1,10 per    before 1 June 2007)                                    R75,00 per item.
                                                                  R100 or part thereof.    Stop-payment instruction                               R30,00.
       Nedbank ATM                                                R3,25 plus R0,95 per
                                                                  R100 or part thereof.
       Another bank’s ATM                                         R8,75 plus R0,95 per
                                                                  R100 or part thereof.
       Tillpoint – cash only                                      R3,50.
       Tillpoint – cash with purchase                             R5,00.
     ACCOUNT PAYMENT AND PURCHASES
       Cheque payment                                             R7,70 for values from
                                                                  R1 to R499.
                                                                  R15,40 for values
                                                                  from R500 to R1 499.
                                                                  R27,50 for values
                                                                  above R1 500.
       Electronic interaccount transfer2                          R3,25.
       Electronic account payment2                                R6,75.
       Stop-order-processing fee                                  R10,00.                 Notes
       Debit order – internal                                     R5,00.                  1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
       Debit order – external                                     R10,25.                      Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
       Cheque card purchase                                       R3,50.                       Self-service 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.



38                                                                                                                                           Pricing it right for you. | 39
      Small business

      Small-business Services Current Account
     The Nedbank Smalll-business Services Current Account is an account for
     businesses and it forms the basis of relationship banking with Nedbank’s Small
     Business Services Division.




     Fee structure
      TRANSACTION                                               FEE AMOUNT               TRANSACTION                                            FEE AMOUNT

     ANNUAL SERVICE FEES                                                                BALANCE ENQUIRIES
      Classic Cheque Card                                       R125,00.                 Over the counter                                       First free per month,
                                                                                                                                                thereafter R2,00.
     MONTHLY FEES
                                                                                         Nedbank ATM                                            First free per month,
      Monthly maintenance                                       R11,00.                                                                         thereafter R1,10.
      Overdraft facility                                        R50,00.                  Another bank’s ATM                                     R3,60.
      Self-service banking subscription1                        R15,00.                  Self-service banking channel                           Free.
     DEPOSITS                                                                           STATEMENT ENQUIRIES
      Cash (over the counter/at Nedbank ATM)                    Minimum R0,90 per        Over the counter                                       First free per month,
                                                                R100 or part thereof.                                                           thereafter R8,00.
                                                                Mid R1,74 per R100       Nedbank ATM                                            First free per month,
                                                                or part thereof.                                                                thereafter R3,00.
                                                                Maximum R1,89 per        Nedbank self-service terminal                          First free per month,
                                                                R100 or part thereof,                                                           thereafter R3,00.
                                                                negotiable.              Internet banking – statement up to five years          Free.
      Cheque (over the counter/at Nedbank ATM)                  Free.
                                                                                        OTHER FEES
     CASH WITHDRAWALS
                                                                                         Dishonoured payment                                    R75,00 per item.
      Over the counter                                          Rate equal to cash       Honouring (only applicable to accounts in operation
                                                                deposit fee; minimum     before 1 June 2007)                                    R75,00 per item.
                                                                R20,00 and               Stop-payment instruction                               R30,00.
                                                                maximum R215,00.
      Nedbank ATM                                               R3,25 plus R0,95 per
                                                                R100 or part thereof.
      Another bank’s ATM                                        R8,75 plus R0,95 per
                                                                R100 or part thereof.
      Tillpoint – cash only                                     R3,50.
      Tillpoint – cash with purchase                            R5,00.
     ACCOUNT PAYMENT AND PURCHASES
      Cheque payment                                            R4,15 for the first
                                                                R100, thereafter
                                                                R1,96 per R100, up to
                                                                a maximum of
                                                                R30,25, negotiable.
      Electronic interaccount transfer2                         R3,25.
      Electronic account payment2                               50% of service fee.
      Stop-order-processing fee                                 R15,00.                 Notes
      Debit order – internal                                    R5,00.                  1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
      Debit order – external                                    R15,00.                      Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
      Cheque card purchase                                      R3,50.                       Self-service 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.



40                                                                                                                                         Pricing it right for you. | 41
       Small business

      Nedbank Small Business Credit Card
     The Nedbank Small Business Credit Card gives you more flexibility to manage
     your business expenses and is accepted locally and internationally. In addition
     to the highly competitive Nedbank Greenbacks RewardsTM Programme you will
     be earning on your everyday business expenses, nothing adds to your
     credibility like having your business name printed on your card.




     Fee structure
       TRANSACTION                                               FEE AMOUNT               TRANSACTION                                              FEE AMOUNT

     ANNUAL SERVICE FEES                                                                 OTHER FEES
       Primary                                                   R179,00.                 Face-to-face delivery                                    R102,00.
       Supplementary                                             Free.                    Same-day card replacement service (incl delivery)        R325,00.
       Nedbank Greenbacks¹                                       R169,00.                 Transactional SMS                                        Free.
       Linked garage card                                        R139,00.                 Replacement card (lost/stolen)                           Free.
     MONTHLY SERVICE FEES                                                                PENALTY CHARGES
       Self-service banking subscription²                        R15,00.                  Dishonoured payment                                      R125,00.
       Business internet banking subcription                     R44,00.                  Incorrectly disputed transaction (local)                 R150,00.
     DEPOSITS                                                                             Incorrectly disputed transaction (international)         R150,00.
                                                                                          Tracing                                                  Up to R377,00.
       Cash (over the counter/at Nedbank ATM)                    R1,15 per R100 or
                                                                 part thereof
                                                                 (minimum R15,00).
       Cheque (over the counter/at Nedbank ATM)                  R12,50.
     CASH WITHDRAWALS
       Over the counter                                          R20,00 + R1,10 per
                                                                 R100 or part thereof.
       Nedbank ATM                                               R3,25 plus R0,95 per
                                                                 R100 or part thereof.
       Another bank’s ATM                                        R8,75 plus R0,95 per
                                                                 R100 or part thereof.
       International ATM³                                        R23,25 + R0,95 per
                                                                 R100 or part thereof.
     TRANSFERS AND PAYMENTS
       Electronic payment4                                       R6,75.
       Interaccount transfer4                                    R3,25.
       Interaccount transfer (over the counter)                  R11,00.
     BALANCE ENQUIRIES
       Over the counter                                          First free per month,
                                                                 thereafter R2,00.
       Nedbank ATM                                               First free per month,    Notes
                                                                 thereafter R1,10.        1 The Nedbank Greenbacks RewardsTM programme annual service fee will
       Another bank's ATM                                        R3,60.                      always be charged as it is a compulsory feature of the Small Business Credit
     STATEMENT ENQUIRIES                                                                     Card.
                                                                                          2 Includes NetBank internet banking, Telephone Banking: Agent-assisted and
       SST statement within 90 days                              First free per month,       Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
                                                                 thereafter R3,00.           Self-service are free.
       SST statement older than 90 days                          R6,00.                   3 All foreign exchange transactions attract a currency conversion fee.
       SST archive image of deposit slip/cheque                  R1,10.                   4 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.




42                                                                                                                                            Pricing it right for you. | 43
       Invest

      Money Market Investment Account
     The Nedbank Money Market Investment Account is a flexible investment that
     offers competitive interest rates with liquidity, full access to funds and full
     transactional functionality, ie Nedbank cheque and garage card access. Interest
     rates increase with higher balances.




     Fee structure
       TRANSACTION                                             FEE AMOUNT FOR             TRANSACTION                                           FEE AMOUNT FOR
                                                               BALANCES OF                                                                      BALANCES OF
                                                               R20 000 OR MORE                                                                  R20 000 OR MORE
                                                               AND TRANSACTIONS                                                                 AND TRANSACTIONS
                                                               OF R500 OR MORE                                                                  OF R500 OR MORE

     ANNUAL SERVICE FEES                                                                 BALANCE ENQUIRIES
       Classic Cheque Card                                       R125,00.                 Over the counter                                       Free.
                                                                                          Nedbank ATM                                            Free.
     MONTHLY FEES
                                                                                          Another bank’s ATM                                     R3,60.
       Monthly maintenance                                       Free.                    Self-service banking channel                           Free.
       Self-service banking subscription1                        R15,00.
                                                                                         STATEMENT ENQUIRIES
     DEPOSITS
                                                                                          Over the counter                                       First free per month,
       Cash (over the counter/at Nedbank ATM)                    R1,15 per R100 or                                                               thereafter R8,00.
                                                                 part thereof.            Nedbank ATM                                            Free.
       Cheque (over the counter/at Nedbank ATM)                  Free.                    Nedbank self-service terminal                          First free per month,
     CASH WITHDRAWALS                                                                                                                            thereafter R3,00.
                                                                                          Internet banking – statement up to five years          Free.
       Over the counter                                          R20,00 plus R1,10 per
                                                                 R100 or part thereof.   OTHER FEES
       Nedbank ATM                                               R0,95 per R100 or        Dishonoured payment                                    R75,00 per item.
                                                                 part thereof.            Honouring (only applicable to accounts in operation
       Another bank’s ATM                                        R5,50 plus R0,95 per     before 1 June 2007)                                    R75,00 per item.
                                                                 R100 or part thereof.    Stop-payment instruction                               R30,00.
       Tillpoint – cash only                                     R3,50.
       Tillpoint – cash with purchase                            R3,50.
     ACCOUNT PAYMENT AND PURCHASES
       Bank’s own cheque                                         R20,00.
       Electronic interaccount transfer2                         Free.
       Electronic account payment2                               Free.
       Stop-order-processing fee                                 Free.
       Debit order – internal                                    Free.
       Debit order – external                                    Free.
       Cheque card purchase                                      Free.




                                                                                         Notes
                                                                                         1    Includes NetBank internet banking, Telephone Banking: Agent-assisted and
                                                                                              Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:
                                                                                              Self-service 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.



44                                                                                                                                          Pricing it right for you. | 45
       Credit cards

      Nedbank credit cards
     Nedbank’s credit cards carry all the prestige and versatility of the Nedbank
     name. They are recognised locally and all over the world. A credit card is the
     simplest and most efficient way to manage your money.




     Fee structure
       TRANSACTION                                         PLATINUM CREDIT CARD              GOLD CREDIT CARD                      CLASSIC CREDIT CARD

     ANNUAL SERVICE FEES
       Annual service                                      R450,00.                          R179,00.                              R139,00.
       Nedbank Greenbacks Rewards Programme1               R169,00.                          R169,00.                              R169,00.
       Supplementary card                                  Free.                             Free.                                 R139,00.
     MONTHLY SERVICE FEES
       Self-service banking subscription²                  R15,00.                           R15,00.                               R15,00.
     DEPOSITS
       Cash (over the counter/at Nedbank ATM)              R1,15 per R100 or part thereof;   R1,15 per R100 or part thereof;       R1,15 per R100 or part thereof;
                                                           minimum R15,00.                   minimum R15,00.                       minimum R15,00.
       Cheque (over the counter/at Nedbank ATM)            R12,50.                           R12,50.                               R12,50.
     CASH WITHDRAWALS
       Over the counter                                    R20,00 plus R1,10 per R100        R20,00 plus R1,10 per R100 or         R20,00 plus R1,10 per R100 or
                                                           or part thereof.                  part thereof.                         part thereof.
       Nedbank ATM                                         R3,25 plus R0,95 per R100         R3,25 plus R0,95 per R100 or          R3,25 plus R0,95 per R100 or
                                                           or part thereof.                  part thereof.                         part thereof.
       Another bank’s ATM                                  R8,75 plus R0,95 per R100         R8,75 plus R0,95 per R100 or          R8,75 plus R0,95 per R100 or
                                                           or part thereof.                  part thereof.                         part thereof.
       International ATM³                                  R23,25 plus R0,95 per R100        R23,25 plus R0,95 per R100 or         R23,25 plus R0,95 per R100 or
                                                           or part thereof.                  part thereof.                         part thereof.
     PAYMENTS
       Interaccount transfer4                              R3,25.                            R3,25.                                R3,25.
       Electronic payment4                                 R6,75.                            R6,75.                                R6,75.
       Fuel transaction                                    n/a.                              n/a.                                  n/a.
     BALANCE ENQUIRIES
       Nedbank ATM                                         First free per month,             First free per month,                 First free per month,
                                                           thereafter R1,10.                 thereafter R1,10.                     thereafter R1,10.
       Another bank's ATM                                  R3,60.                            R3,60.                                R3,60.
     STATEMENT ENQUIRIES
       Nedbank ATM                                         First free per month,             First free per month,                 First free per month,
                                                           thereafter R3,00.                 thereafter R3,00.                     thereafter R3,00.
       Nedbank self-service terminal                       First free per month,             First free per month,                 First free per month,
                                                           thereafter R3,00.                 thereafter R3,00.                     thereafter R3,00.
     PENALTY FEES
       Dishonoured payment                                 R125,00.                          R125,00.                              R125,00.
       Overlimit (only for cards in operation              R150,00.                          R150,00.                              R150,00.
       before 1 June 2007)
       Tracing                                             Up to R377,00.                    Up to R377,00.                        Up to R377,00.
       Incorrectly disputed transaction                    R150,00.                          R150,00.                              R150,00.

       Notes
       1 For the Nedbank Greenbacks Credit Card both the annual service fee and              3   All foreign exchange transactions attract a currency conversion fee.
          the Nedbank Greenbacks RewardsTM programme fee will be charged.                    4   Includes transfers and payments from self-service terminals, NetBank
       2 Includes NetBank internet banking, Telephone Banking: Agent-assisted and                internet banking and Cellphone Banking (WAP). Cellphone Banking (SMS)
          Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:                and Telephone Banking: Self-service are free.
          Self-service are free.
46                                                                                                                                             Pricing it right for you. | 47
       Credit cards

      Nedbank credit cards
     Nedbank’s credit cards carry all the prestige and versatility of the Nedbank
     name. They are recognised locally and all over the world. A credit card is the
     simplest and most efficient way to manage your money.




     Fee structure
                                                        UNEMBOSSED CREDIT CARD            GARAGE CREDIT CARD

     ANNUAL SERVICE FEES
       Annual service                                   n/a.                              R139,00.
       Nedbank Greenbacks Rewards Programme1            n/a.                              n/a.
       Supplementary card                               n/a.                              n/a.
     MONTHLY SERVICE FEES
       Self-service banking subscription²               R15,00.                           n/a.
       Monthly service                                  R50,00.
     DEPOSITS
       Cash (over the counter/at Nedbank ATM)           R1,15 per R100 or part thereof;   R1,15 per R100 or part thereof;
                                                        minimum R15,00.                   minimum R15,00.
       Cheque (over the counter/at Nedbank ATM)         R12,50.                           R12,50.
     CASH WITHDRAWALS
       Over the counter                                 R20,00 plus R1,10 per             n/a.
                                                        R100 or part thereof.
       Nedbank ATM                                      R3,25 plus R0,95 per              n/a.
                                                        R100 or part thereof.
       Another bank’s ATM                               R8,75 plus R0,95 per              n/a.
                                                        R100 or part thereof.
       International ATM³                               R23,25 plus R0,95 per             n/a.
                                                        R100 or part thereof.
     PAYMENTS
       Interaccount transfer4                           R3,25.                            n/a.
       Electronic payment4                              R6,75.                            n/a.
       Fuel transaction                                 n/a.                              R3,50.
     BALANCE ENQUIRIES
       Nedbank ATM                                      First free per month,             n/a.
                                                        thereafter R1,10.
       Another bank's ATM                               R3,60.                            n/a.
     STATEMENT ENQUIRIES
       Nedbank ATM                                      First free per month,             n/a.
                                                        thereafter R3,00.
       Nedbank self-service terminal                    First free per month,             n/a.
                                                        thereafter R3,00.
     PENALTY FEES
       Dishonoured payment                              R125,00.                          R125,00.
       Overlimit (only for cards in operation           R150,00.                          R150,00.
       before 1 June 2007)
       Tracing                                          Up to R377,00.                    n/a.
       Incorrectly disputed transaction                 R150,00.                          R150,00.
       Notes
       1 For the Nedbank Greenbacks Credit Card both the annual service fee and           3      All foreign exchange transactions attract a currency conversion fee.
          the Nedbank Greenbacks RewardsTM programme fee will be charged.                 4      Includes transfers and payments from self-service terminals, NetBank
       2 Includes NetBank internet banking, Telephone Banking: Agent-assisted and                internet banking and Cellphone Banking (WAP). Cellphone Banking (SMS)
          Cellphone Banking (WAP). Cellphone Banking (SMS) and Telephone Banking:                and Telephone Banking: Self-service are free.
          Self-service are free.
48                                                                                                                                            Pricing it right for you. | 49
      Forex

      Foreign exchange
     Nedbank offers a wide range of foreign exchange products in all major
     currencies to suit all your travel and other needs.




     Fee structure
      TRANSACTION                                              FEE AMOUNT     TRANSACTION                                               FEE AMOUNT

     TRAVELLERS CHEQUE SALES                                                 OUTWARD TELEGRAPHIC TRANSFERS
     (BUYING FROM NEDBANK)                                                    Commission                                                0,48%.
      Commission                                               1,45%.         Minimum charge                                            R103,00.
      Minimum charge                                           R50,00.        Maximum charge                                            R593,00.
                                                                              Communication fee                                         R100,00.
     TRAVELLERS CHEQUE PURCHASES
     (SELLING TO NEDBANK)                                                    PERSONAL FOREIGN CHEQUES
       Travellers cheques bought from Nedbank:1                               Commission                                                0,40%.
      Commission                                                Free.         Minimum charge                                            R100,00.
      Handling fee                                              Free.         Maximum charge                                            R500,00.
      Other travellers cheques:                                              PENSION FOREIGN CHEQUE AND
      Commission                                               1,45%.        INWARD TRANSFERS
      Minimum charge                                           R50,00.
                                                                              Flat fee on application2                                  R33,00.
     FOREIGN BANKNOTES
     (PURCHASES AND SALES)
      Commission                                               1,75%.
      Minimum charge                                           R40,00.
     FOREIGN DRAFTS
      Commission                                               0,65%.
      Minimum charge                                           R97,00.
      Maximum charge                                           R593,00.
      Communication fee                                        R100,00.
      Stop-payment/Repurchase instruction                      R300,00.
     INWARD TELEGRAPHIC TRANSFERS
       Amounts over R2 000:
      Commission                                               0,48%.
      Minimum charge                                           R108,00.
      Maximum charge                                           R593,00.
      Amounts under R2 000:
      Commission                                               R65,00.




                                                                             Notes
                                                                             1    Proof of purchase required.
                                                                             2    Available to eligible people on application and restricted to inward payment
                                                                                  of pensions only.




50                                                                                                                                Pricing it right for you. | 51
     Bank on our service promise
     We promise to:
     •   treat you as an individual;
     •   treat you with respect at all times;
     •   acknowledge your requirements and take them seriously;
         and
     •   continually strive for service excellence.

     If you feel that we have or have not lived up to this promise,
     please let us know by telling the manager at your branch or
     suite, emailing us at ClientFeedback@nedbank.co.za, or calling us
     on 0860 444 000.


     The A to Z of Nedbanking
     The A to Z of Nedbanking is a reflection of Nedbank’s philosophy
     – of the values, principles and attributes that we believe should
     be fundamental in everything we do.

     We have made a commitment to uphold those values and
     principles in all our dealings and the services and products we
     provide, and to strengthen our relationship with you by treating
     your personal banking needs with empathy and professionalism.




52
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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