Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

business account banking

VIEWS: 35 PAGES: 13

									Important notice to ANZ Business
Banking customers.
ANZ advises the following changes to the ANZ Business Banking
Transaction Accounts Fees and Charges booklet.
The following changes are effective 11 January 2008.
The following changes are found on page 3 under “Additional Fees for
Services not included in monthly free transaction limit”:

 Non-ANZ ATM Fee
                                        Current Fee             New Fee
 (within Australia)

 Withdrawal                                $1.50                 $2.00
 Balance enquiry                           $1.25                 $2.00
The following changes are effective 9 February 2008.
The following table is inserted into page 3 under the section headed
“Visa PLUS”:

   Transaction Fees and Charges and Associated Fees and Charges:
              ANZ Equity Manager in a Company Name*
 Free transaction threshold per month                                  3
 A transaction is any customer initiated withdrawal.
 Deposits, bank fees and government charges are not
 counted towards the free transaction limit.
 Excess Transactions                                                  $5
 A transaction is any withdrawal.
 Honour Fee#                                                         $35
 Charged on each occasion that the account is over-
 drawn or exceeds its maximum credit limit without
 prior arrangement with your ANZ Manager.
 Outward Dishonour Fee#                                              $35
 Charged when a cheque written, direct debit, or                      per
                                                                   dishonour
 periodic payment from your account is dishonoured
 due to the lack of cleared funds in your account.

* An annual Credit Facility Fee will be payable on the ANZ Equity
Manager in a Company Name account. Please refer to the ANZ
Business Banking Finance Fees and Charges booklet for details.
#
  All Associated Account Fees and Charges on pages 5 and 6, excluding
Honour Fee and Outward Dishonour Fee are applicable.
The following changes are found on page 5 under “Associated Account
Fees and Charges”:
ANZ Mobile Phone Banking
Fees and charges may apply to ANZ Mobile Phone Banking and customers
will be advised of these at the time of applying for the service or prior
to the fee being charged.


www.anz.com
Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. ANZ’s
colour blue is a trade mark of ANZ. AFSL 234527. Item No. 59588 02.2008 W127255
Transaction Accounts
   Fees and Charges

   ANZ Business Banking
            November 2007
For ANZ Business Classic Accounts, ANZ
Business Extra Accounts, ANZ Business
Cash Management Accounts, ANZ Premium
Business Cash Accounts, ANZ GST Payment
Accounts, ANZ Business Mortgage Loan
Offset Accounts and ANZ Negotiator Accounts,
this document must be read in conjunction
with the ‘ANZ Business Banking Business
Transaction Accounts Product Disclosure
Statement’ booklet. Together they form your
PDS for the above products.
For ANZ Business Driver Accounts, this
document must be read in conjunction
with the ‘ANZ Business Banking Business
Driver Account Product Disclosure Statement’
booklet. Together they form your PDS for the
above product.
For ANZ Security Deposit Accounts, this
document must be read in conjunction with
the ‘ANZ Business Banking Security Deposit
Account Product Disclosure Statement’
booklet. Together they form your PDS
for the above product.
Contents

                                          Page

>   Transaction Accounts Fees and Charges   1

>   Non-ANZ ATM Transactions and            4
    Overseas EftPOS Transactions

>   Associated Account Fees and Charges     5

>   Definitions                             7
Transaction Accounts
Fees and Charges
                                             Business       Business      Statutory
                                              Classic         Extra         Trust
                                             Account        Account       Account



 Monthly Account Servicing Fee                  $10            $15               Nil

 No Monthly Account Servicing Fee
 payable with minimum monthly                   N/A            N/A               N/A
 balance of

 Free transaction threshold per Month(i)         30             50               Nil

 Free Cheque Deposit or Manual
 Merchant Deposit not included in free          N/A            N/A               N/A
 transaction threshold

 Additional Transactions Fees
 Staff Assisted Transactions*                   95c            95c               95c

 Cheques*                                       60c            60c               60c

 Manual Merchant Deposit*                       60c            60c               60c

 ANZ ATM*                                       60c            60c               60c

 Electronic Transactions*                       20c            20c               20c

(i) Transaction threshold includes any deposit, withdrawal or transfer,
      cheques drawn by you and any cheque or manual merchant slip
      deposited to your account.
      For Example: A deposit to an account of two cheques will count as
      three transactions, one for the deposit (which if is Staff Assisted will
      be charged as a branch transaction) and one for each Cheque lodged
      because each cheque requires individual processing.
(ii) Unlimited free deposits. Cheques and manual merchant slips deposited
      to your account are not included.
(iii) Balance enquiries via ANZ ATM, ANZ Internet Banking and ANZ Phone
      Banking are free.
(iv) Cheques and manual merchant slips deposited to your account are not
      included.
Any fees that apply to your account, will be charged to the account monthly
based on the opening date of your account, unless ANZ advises you of
another date.
* Refer to page 7 for definitions.




                                        
  GST      Business    Premium        Business         Negotiator
Payment      Cash      Business      Mortgage           Account
Account   Management     Cash           Loan
            Account    Account         Offset
                                     Account(iii)

  Nil       $2.50        $10            $15         Price on application


  N/A       $5,000     $20,000           N/A


  2(ii)       10          5              5(iv)


  20         N/A         N/A              5




  95c       $2.50       $2.50            $5

  60c        60c         60c             $5

  60c        60c         60c             $5

  60c        60c         60c             $5

  20c        20c         20c             $5




                                 
     Additional Fees for Services not included
     in monthly free transaction limit
     Non-ANZ ATM Withdrawal (within Australia)                              $1.50

     Non-ANZ ATM Enquiry (within Australia)                                 $1.25

     Overseas ATM transaction – CIRRUS or Visa PLUS                          $5

     Overseas ATM enquiry – CIRRUS or Visa PLUS                             Free

     Overseas EftPOS transaction – MAESTRO                                   $2

     ANZ Internet Banking Multi Payments, charge per credit                 20c



Non-ANZ ATM Transactions
and Overseas EftPOS Transactions
   S
>	 	 ome	overseas	ATM/EftPOS	locations	may	impose	a	surcharge	to	make	a	
   withdrawal	in	addition	to	these	fees.
   N
>	 	 o	charge	for	point-of-sale	refunds	using	MAESTRO.

Visa PLUS
   T
>	 	 ransfers	between	linked	ANZ	accounts	and	deposits	are	not	available.
   B
>	 	 alance	enquiries	may	not	be	available	at	some	Visa	PLUS	ATMs.




                                       
Non-ANZ ATM Transactions and
Overseas EftPOS Transactions
Currency Conversion Fee ATM Transaction – CIRRUS
Withdrawals (per withdrawal) 2.5 % of value
For example: If you withdraw $75 in United States Dollars (USD) from an
overseas ATM using the CIRRUS network, assuming that the conversion rate set
in accordance with the MasterCard International Incorporated rules is 0.7500
(i.e. 1 Australian Dollar (AUD1) = USD0.75), the Currency Conversion Fee will be
AUD2.50 and is calculated as follows:
1. Convert USD$75 to Australian Dollars using the conversion rate:
   USD$75/0.7500 = AUD100.
2. The Currency Conversion Fee is then calculated by multiplying this AUD
   amount by 2.5%: AUD100 x 0.025 (2.5%) = AUD2.50.

Currency Conversion Fee ATM Transaction – Visa PLUS
Withdrawals	(per	withdrawal)	2.5% of value
For	example:	If	you	withdraw	$75	in	United	States	Dollars	(USD)	from	an	
overseas	ATM	using	the	Visa	PLUS	network,	assuming	that	the	conversion	rate	
set	in	accordance	with	the	Visa	International	rules	is	0.7500	(i.e.		Australian	
Dollar	(AUD)	=	USD0.75),	the	Currency	Conversion	Fee	will	be	AUD.50	and	is	
calculated	as	follows:
    C
.	 	 onvert	USD$75	to	Australian	Dollars	using	the	conversion	rate:	
    USD$75/0.7500	=	AUD00.
    T
.	 	 he	Currency	Conversion	Fee	is	then	calculated	by	multiplying	this		
    AUD	amount	by	.5%:	AUD00	x	0.05	(.5%)	=	AUD.50.	

Currency Conversion Fee EftPOS Transaction
MAESTRO	(per	transaction)	2.5 % of value
For	example:	If	you	make	a	purchase	of	$75	in	United	States	Dollars	(USD)	
overseas	via	MAESTRO	EftPOS,	assuming	that	the	conversion	rate	set	in	
accordance	with	the	MasterCard	International	Incorporated	rules	is	0.7500	
(i.e.		Australian	Dollar	(AUD)	=	USD0.75),	the	Currency	Conversion	Fee	will	
be	AUD.50	and	is	calculated	as	follows:
     C
.	 	 onvert	USD$75	to	Australian	Dollars	using	the	conversion	rate:	
     USD$75/0.7500	=	AUD00.
     T
.	 	 he	Currency	Conversion	Fee	is	then	calculated	by	multiplying	this		
     AUD	amount	by	.5%:	AUD00	x	0.05	(.5%)	=	AUD.50.




                                        
Associated Account Fees and Charges
 Arrangement to Cash ANZ Cheques
 >	Establishment		                                                   $80
 >	Renewal	(per	month)		                                             $10
 Includes business cheques and building society or credit union
 cheques or orders.

 ATM Direct Card Replacement Fee                                     $15
 Charged for the replacement of an ANZ Access Card except if:
 > Card is damaged or faulty
 > Card is stolen and a copy of a police report is provided.

 Automatic Funds Transfer – for Each Subsidiary Account
 >	Establishment	Fee	                                              $80
 >	Service	Fee,	payable	quarterly	in	advance	               $60 – $210

 Debit Interest Charge (p.a.) ANZ Retail Index plus 8.5%
 Charged	on	an	overdrawn	account	that	doesn’t	have	a	credit	limit.
 ANZ	Retail	Index	Rate	is	published	on	www.anz.com

 Honour Fee                                                       $37.70
 Charged on each occasion that the account is overdrawn or exceeds its
 maximum credit limit without prior arrangement with your ANZ Manager.

 Inward Dishonour Fee                                $9 per dishonour
 Charged when a deposit to your account (including but not limited to a
 cheque or direct debit from a third party account) is dishonoured.

 Mail Credits                                                         $5
 Deposits to ANZ accounts lodged by mail by third parties
 eg. share dividends without deposit slips.

 Outward Dishonour Fee                          $37.70 per dishonour
 Charged when a cheque written, direct debit, or periodic payment from your
 account is dishonoured due to the lack of cleared funds in your account.

 Periodical Payments (per payment)
 >	 	 ade	to	connected	accounts	(related,	in	same	name)		
    M                                                                Free		
    within	ANZ
 >	 	 ade	to	other	accounts	(unrelated,	in	different	name)		
    M                                                              $1.70	
    within	ANZ
 >	 	 ade	to	other	financial	institution	accounts		
    M                                                                  $4
 >	 	 on-payment	Fee		
    N                                                                $45
    A Non-payment Fee is charged if you have authorised a periodical
    payment that cannot be made because of insufficient cleared funds.




                                    5
Re-presentation and Collection
of Dishonoured Cheques                                                  $30
A cheque which has previously been deposited into your account
and dishonoured due to lack of funds can be presented again on
a collection basis (ANZ forwards the cheque for payment to be made
by the drawer’s bank when sufficient funds are available).

Special Clearance of Cheques
>	 By	mail	or	telephone	advice	                                    $15
>	 By	messenger	or	clerk	for	local	clearance		   $70 per hour (min	$50)		
	 plus	out	of	pocket	expenses

Statements
>	 Replacement	Statements	via	Internet	Banking	(per	statement)	         $12
>	 Replacement	Statements	(per	statement)		                             $14
>	 Additional	Statements	(per	statement)		                               $7	
May be printed and issued simultaneously with the original, or
printed simultaneously with the original and issued to a third party.
>	 	 eld	Statements	(per	statement)		
   H                                                                     $7	
   Statements held at branch for collection.
>	 Faxed	Statements	(per	statement)		                                    $2
>	 Faxed	Statements	ordered	via	Internet	Banking	Free
>		Certificate	of	Balance		                                             $15

Stationery
>		Duplicate/Triplicate	deposit	book		                                   $3

Stop Payment
Cheques reported stolen are exempt from this fee when a copy            $15
of the police report is provided.

Transfer of Funds to Another Bank
Not applicable to any Bankcard account payments.
>	 	 y	ANZ	customers		
   B                                                            $5
>	 	 y	non-ANZ	customers		
   B                                                           $10
>		Additional	charge	if	lodging	cheques		           35c per cheque
Where	transfer	fees	are	paid	by	drawing	on		
bank	account	of	favouree	(additional):
>		Individual	transactions		                         $3 per deposit
>		Transactions	drawn	periodically		              $2.20 per deposit
	 	                                   (min $17.60 monthly drawing)




                                      
Definitions
Transactions
Any	deposit,	withdrawal	or	transfer,	cheques	drawn	by	you	and	any	cheque	or	
manual	merchant	slip	deposited	to	your	account.	Transactions	are	defined	as	
the	following	categories:

> Staff Assisted
>	 Any	card	or	paper	withdrawal	over	the	counter*.
   A
>	 	 ny	cheque	written	by	you	and	then	cashed,	by	you	or	by	someone	else,	over	
   the	counter.
   A
>	 	 ny	transfer	from	this	account	effected	at	the	branch	whether	using	a	card	or	not.
   D
>	 	 eposit	of	cash	and/or	cheque(s)	over	the	counter	using	a	card	or	deposit	slip.
   A
>	 	 ny	deposit	made	using	Fast	Deposit	Bags	or	ANZ	Fast	Deposit	Envelopes.
   C
>	 	 rediting	of	proceeds	from	Telegraphic	Transfers.
   T
>	 	 ransfer	of	funds	over	the	telephone	(excluding	ANZ	Phone	Banking	
   transactions)	pursuant	to	a	funds	transfer	authority.
*	Branch	withdrawals	by	card	at	designated	country	branches	where	no	local	ANZ	ATM	is	
available	are	charged	at	the	ANZ	ATM	rate.

> Cheques
   C
>	 	 heques	written	by	you,	excluding	cheques	cashed	over	the	counter
   A
>	 	 ny	Cheque	deposited	into	your	account.	Includes	deposits	made	using	Fast	
   Deposit	Bags	and	Fast	Deposit	Envelopes.

> Manual Merchant Deposit Transactions
Any	manual	merchant	slip	deposited	into	your	account	over	the	counter,	via	ATM	
or	using	Fast	Deposit	Bags	and/or	Fast	Deposit	Envelopes.	Does	not	include	
electronic	merchant	settlements.

> ANZ ATM
   A
>	 	 NZ	ATM	transfer	to/from	your	account.
   A
>	 	 NZ	ATM	withdrawal/deposit.

> Electronic
>	 EftPOS	purchase/cash	out.
>	 ANZ	Phone	Banking	transfer	from	your	account	including	Bpay®	bill	payments.
>	 Automatic	salary/pay	credits.
>	 Automatic	debenture/dividend	deposits.
>	 Automatic	credit	from	bill	payment,	and	other	sources.
>	 	 NZ	Internet	Banking	transfers	from	your	account,	including	Bpay®	bill	
   A
   payments	(not	including	ANZ	Internet	Banking	Multi	Payments).

Additional Transaction Fees
Additional	Fees	are	only	charged	on	the	number	of	Transactions	made	in	excess	
of	the	free	monthly	transaction	threshold.	Bank	fees,	Periodical	Payments,	Direct	
Debits,	balance	enquiries,	ANZ	Multi	Payments	and	transactions	at	non-ANZ	
ATMs	are	not	counted	towards	the	free	transaction	limit.

Multi Payments
An	ANZ	Internet	Banking	option	that	allows	up	to	0	bill	payments	or	transfers	
between	linked	accounts,	and	up	to	8	'Pay	Anyone'	transfers	from	a	single	debit.
   A
>	 	 NZ	Multi	Payments	incur	an	ANZ	Internet	Banking	fee	of	0c	per	credit	
   (transfer	or	payment)	made	to	an	account.
   T
>	 	 ransfers	or	payments	using	ANZ	Multi	Payments	do	not	count	towards	your	
   fee	free	transaction	limit	and	you	will	not	be	charged	for	the	debit	to	the	
   debited	account.
®	Registered	to	Bpay	Ltd	ABN	9	079		58	
Australia	and	New	Zealand	Banking	Group	Limited	ABN		005	57	5


                                           7
www.anz.com
              Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. ANZ’s colour blue is a trade mark of ANZ. AFSL 234527. Item No. 77997 11.2007 W122354

								
To top