save, and get
your money to
work harder
for you.
997134APR14
Pricing Guide
1 July 2014 - 30 June 2015
Index
Index
Introduction
01
Access Your Money Immediately
03
Account fees
05
Fees that apply when transferring money
into any Immediate Access Account
05
Fees that apply when taking money out of any
Immediate Access Account
06
Other transactional fees payable on all Immediate
Access Accounts
07
Access Your Money After Placing Notice
10
Access a Portion of Your Money
13
Access After a Fixed Period
15
Invest in Shares
17
Important Information
21
Introduction
Whatever your goals, FNB Savings and Investments have a
solution to help them become a reality.
No matter how much money you have, it’s never too early to start saving.
This Pricing Guide will assist you in understanding any bank charges related to
your savings or investment account.
At FNB we do not charge you any subscription fees for Online, Cellphone and
Telephone Banking, or the FNB Banking App.
This means you can open and manage your accounts using the Internet, your
Cellphone, a Telephone, or your Smartphone or Tablet, without having to pay
any subscription fees before you start transacting.
Going forward
The fees outlined in this guide are FNB’s most common VAT-inclusive prices,
effective from 1 July 2014 to 30 June 2015.
Fees that have not changed, or have decreased, are shown in turquoise.
Many savings and investment accounts have no fees, but if your
account does, you can follow these simple steps to SAVE:
•
•
•
Try to avoid going into an FNB Branch. Instead, use Online and Cellphone Banking, the FNB Banking App or FNB ATMs to make payments, transfers or
to check your balance.
Deposit cash into your account at an FNB ATM instead of a branch as there are less fees.
Make sure that there is enough money in your account to cover any transactions that you make. This way you will avoid penalty fees.
Need help?
FNB Pricing Line: Investment Call Centre: Share Investing: 01
086 011 2244
087 320 4321
0860 SHARES (0860 742 737)
02
Introduction
Access Your Money Immediately
These accounts are suited to customers who require
immediate access to their money while still having the
flexibility to add funds at any time.
Simply Save
A basic savings account, for the entry level saver.
Call Account
A traditional investment account from R1 000.
Money Market Transactor
A Money Market account with transactional capabilities via a Visa debit card.
Money Market Investor
A Money Market account with no monthly fee.
Pay yourself first
Savings should be something you think about every month, not once a year.
Load a Scheduled Transfer onto your savings or investment account and the
money will be saved automatically.
03
Call
Account
R100
R1 000
Money
Market
Transactor
R10 000
Access Your Money Immediately
Money In
Money
Out
Fees
Interest
Rate
Interest
Special Features
Minimum
opening deposit
Simply
Save
Money
Market
Investor
R10 000
Add money
anytime
Scheduled
Transfers
Transfers into
an FNB account
Third party
payments
No monthly
fees
Fluctuating
interest rates
Tiered rate
Access to
your interest
Can capitalise
interest
Capital
guaranteed
Choose your
own term
Visa debit card
or cheque book
Investment
advice available
Open and Manage
Your Account
Online
FNB Banking App
ATM
Branch
Call Centre
Your Banker
04
Account fees
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
Monthly Account Fee*
FREE
R37.00
FREE
FREE
Linked Visa Card
N/A
FREE
N/A
N/A
Monthly Petrol Card Fee
(linked to account)
N/A
R14.50
N/A
N/A
Subscriptions to inContact
to Online, Cellphone and
Telephone Banking and
the FNB Banking App
FREE
FREE
FREE
FREE
FNB Petrol Card
N/A
R115.00
N/A
N/A
Visa Cheque Card/
Chip & PIN Card
N/A
R115.00
N/A
N/A
Fee Descriptions
Card Replacement Fees
* A monthly exchange control admin fee of R13.00 for Non-resident Accounts applies
Fees that apply when transferring money INTO
any Immediate Access Account
Fee Descriptions
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
Deposits
FNB ATM
R20.00
FNB Branch
R20.00
Cheque ENC Upliftment
Deposits Fee and Special
Clearance
R85.00
Deposit of Post
dated Cheque
R85.00
FNB Branch
Cash
Deposits FNB ATM
and ADT
1.51% of transaction value, min R43.00
0.70% of transaction value, min R5.50
Tip!
If you would like the convenience of a Petrol and a Debit Card linked to this
account, consider a Money Market Transactor at a nominal monthly fee.
05
Access Your Money Immediately
Fees that apply when taking money OUT of
any Immediate Access Account
Fee Descriptions
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
Electronic Withdrawals:
Electronic Transfers:
Online, Cellphone and
Telephone Banking and
the FNB App
R3.70
Transfers: Branch or
Telephone
(Consultant Assisted)
Electronic Payments:
Online, Cellphone and
Telephone Banking and
the FNB App
R43.00
R20.00
R12.00
R12.00
Pay and Clear Now
R40.00
Internal Debit Orders
to FNB
R3.70
External Debit Orders
R20.00
Cheque Payments
N/A
R43.00
R20.00
N/A
N/A
Scheduled Transfers Related Fees
Establishment and
Amendment Fees
(Online Banking)
FREE
Establishment Fee
(FNB Branch)
R11.50
Amendment Fee
(FNB Branch)
R11.50
Purchases
Petrol Card Purchases
N/A
R4.50
N/A
N/A
Local Card Purchases
N/A
FREE
N/A
N/A
Cash Withdrawals:
R43.00 + 1.61% of transaction value
Branch
FNB Mini ATM (per
R500.00 or part thereof)
Other Banks Mini ATM (per
R500.00 or part thereof)
R4.00
N/A
R4.50
N/A
N/A
06
Fee Descriptions
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
N/A
R43.00
N/A
N/A
N/A
R43.00 +
1.61% of
withdrawal
value
N/A
N/A
Cash Withdrawals:
International ATM
(additional 2.75%
Commission and
Conversion fee applies)
International Branch
(additional 2.75%
Commission and
Conversion fee applies)
Cardless Cash Withdrawal
(Cellphone Banking)
R4.25 + (R6.70 per R500.00)
Send Money
Send Money
to an eWallet
R8.50
Reversal of Send Money
to eWallet
R20.00
Send Money to Zimbabwe/Mozambique
Value: R0.00
- R1 000.00
R45.00
Value: R1 001.00
- R2 000.00
R70.00
Value: R2 000.01
- R3 000.00
R105.00
Other transactional fees payable on all
Immediate Access Accounts
Fee Descriptions
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
Purchases
Telephone Banking Prepaid
(Consultant Assisted)
R8.50
LOTTO™/Powerball
Purchase
R1.50
Card Replacement Fees
FNB Petrol Card
N/A
R115.00
N/A
N/A
Visa Cheque Card/
Chip & PIN Card
N/A
R115.00
N/A
N/A
N/A
R45.00
N/A
N/A
Cheque Book Fees
Pocket 40 Form
07
Money
Market
Investor
Money
Market
Transactor
Call
Account
Access Your Money Immediately
Fee Descriptions
Simply
Save
Balance Enquiries
FNB Online Banking,
Cellphone Banking,
Telephone Banking (IVR),
FNB Banking App and
FNB ATMs
FREE
Other Banks’ ATM
R4.20
Point-of-Sale
R1.40
International Point-of-Sale
N/A
R2.50
Branch and Telephone
Banking (consultant
assisted)
N/A
N/A
R4.20
Statements
Posted/Printed Statement
R13.00 (per statement)
Current Month Emailed
Statement
FREE
FNB ATM Mini Statement
(Print or view)
R3.00
Emailing of Historical
Statement older than 3
months - Online Banking
R6.00 (per statement)
Emailing of Historical
Statement older than
3 months - Branch and
Telephone Banking
R13.00 (per statement)
Provisional Statement Branch and Telephone
Banking
R13.00 (per page)
Additional Statements (fee per month)
Online
Paper
Daily
R44.00
R85.00
Weekly
R20.00
R34.00
Twice monthly
R11.00
R17.00
Balance Alerts (fee per month)
Monthly
R0.95
Weekly
R3.00
Daily
R17.00
08
Fee Descriptions
Money
Market
Investor
Money
Market
Transactor
Call
Account
Simply
Save
Electronic Subscription Services (fee per month)
My Limit Alert
R3.00
Scheduled Payment Alert
R3.00
Payment Notifications
Email
R0.70
SMS
R1.10
Fax
R5.00
Declined Transactions
FNB ATM
(Insufficient Funds or
Limit Exceeded)
FREE
Other FNB (Point-of-Sale,
Scheduled Payment, EDO)
and other banks’ ATM
R7.50
Penalty Fees
Unpaid Cheques/Debit
Orders (per item)
R30.00 for 1st 3 thereafter R98.00 per
subsequent item within 12 months
Incidental Credit Fee
(Charged per month in
excess of your account
limit, applies to accounts
without credit facilities or
with credit agreements
after 1 June 2007)
R57.00
Copies of Vouchers (Deposit Slips and Cheques)
Online Banking
Branch and Telephone
Banking
09
FREE
R20.00 (per side)
These accounts are suited to customers who require accesss to
their money after a notice period.
7 Day Notice Deposit
Access your money within 7 days notice.
32 Day Flexi Notice
Control your notice period and enjoy total flexibility in accessing your money.
32 Day Interest Plus
Access your money with 32 days notice.
* Closed to new business
Did you know?
You can load notices to withdraw on your Notice Accounts via Online Banking.
10
Access Your Money After Placing Notice
Access Your Money After
Placing Notice
Money In
Minimum opening deposit
Add money anytime
Early access at a cost
Transfers into an FNB account
Third party payments
No monthly fees
Fluctuating interest rates
Access to your interest
Special Features
Interest Rate
No transactional fees
Interest
Fees
Money Out*
Scheduled Transfers
Interest rate increases twice
Tiered rate
Can capitalise interest
Capital guaranteed
Choose your own term
Multiple notices allowed
Investment advice available
Open and Manage
Your Account
Online
FNB Banking App
ATM
Branch
Call Centre
Your Banker
* Subject to notice period.
11
7 Day
Notice
Deposit
32 Day
Interest
Plus
32 Day
Flexi
Notice
R50 000
R100
R1000
32 Day
Interest
Plus
32 Day
Flexi
Notice
Free
Free
Free
Not
Allowed
Free
Free
Withdrawals
(terms and conditions apply)
Free
Free
See table
below
Balance Enquiries (FNB ATM, Branch,
Online, Cellphone Banking, FNB
Banking App and Telephone Banking)
Free
Free
Free
Provisional Statements
Free
Free
Free
Subscriptions to Online, Cellphone
and Telephone Banking and the FNB
Banking App
Cash / Cheque Deposits
32 Day Flexi Notice Withdrawal Costs
Notice Period
(in days)
Withdrawal cost =
% of withdrawal
amount
Minimum withdrawal
cost applicable
Free
32 days
22-31 days
0.5%
R50.00
15-21 days
1.0%
R50.00
8-14 days
2.0%
R50.00
1-7 days
3.0%
R50.00
Did you know?
You can add multiple notices on your 32 Day Flexi Notice and 32 Day
Interest Plus accounts.
12
Access Your Money After Placing Notice
7 Day
Notice
Deposit
Fee Descriptions
Access a Portion of your money
Flexi Fixed Deposit
A fixed investment term while giving you access, within 24 hours, to a portion
of your money.
MyFirstSavings
Encourage your children to save and give them a lesson for life.
Money In
Minimum opening deposit
Add money anytime
Interest
Interest
Rate
Fees
Money
Out*
Scheduled Transfers
Transfers into an FNB account
Third party payments
No monthly fees
No transactional fees
Fluctuating interest rates
Tiered rate
Access to your interest
Can capitalise interest
Special Features
Capital guaranteed
Choose your own term
Multiple notices allowed
eBucks to investment
Investment advice available
Open and Manage
Your Account
Online
FNB Banking App
ATM
Branch
Call Centre
Your Banker
* Subject to notice period.
13
Flexi Fixed
Deposit
MyFirstSavings
R100
R 100
Flexi Fixed Deposit
MyFirstSavings
Subscriptions to Online,
Cellphone and Telephone
Banking and the FNB
Banking App
FREE
FREE
Deposits
FREE
FREE
Withdrawals
(terms and conditions apply)
2 free withdrawals
(maximum 15% of
available
balance each)
FREE
Balance Enquiries (FNB ATM,
Branch, Online, Cellphone
Banking, FNB Banking App
and Telephone Banking)
FREE
FREE
Provisional Statements
FREE
FREE
Access a Portion of Your Money
Fee Descriptions
Did you know?
If you have a 12 month Flexi Fixed Deposit, you can invest your eBucks into
this account.
14
Access Your Money After a
Fixed Period
These accounts are suited to customers who require access
to their money after a fixed period.
Fixed Deposit
An investment account fixed for a period, typically giving you a higher interest
rate than investments available overnight or on notice.
Effective Rate Fixed Deposit
A Fixed Deposit, where interest on interest is built into the rate you earn.
Restart Fixed Deposit
A Fixed Deposit where you can reset your investment once at a higher
interest rate.
Inflation-Linked Deposit
A Fixed Deposit where your returns are linked to inflation.
Islamic Term Deposit
An Islamic Term Deposit is an investment with a fixed term, offering you great
returns over the period of your investment.
Did you know?
You can capitalise your interest, earning you interest on interest. You can
also choose when you would like your interest to be paid out.
15
Special Features
Interest
Interest Rate
Fees
Minimum
opening deposit
Effective
Rate
Fixed
Deposit
Islamic
Term
Deposit
Restart
Fixed
Deposit
Inflation
Linked
Deposit
R10 000 R10 000 R10 000 R10 000 R50 000
Transfers into
an FNB account
Third party
payments
No monthly
fees
No transactional
fees
Fluctuating
interest rates
Tiered rate
Special rate if
over 55
Access to
your interest
Can capitalise
interest
Capital
guaranteed
Choose your
own term
Investment
advice available
Profit/Loss
Share
*
Open and Manage
Your Account
Online
FNB Banking App
ATM
Branch
Call Centre
Your Banker
* On Maturity Date
16
Access Your Money After a Fixed Period
Money
Out*
Money
In
Fixed
Deposit
Invest in Shares
Share Investing gives you access to invest directly in JSE
shares and Krugerrands – online and in real time.
Investing in shares and directly in gold (through Krugerrands) is a great way to
build your wealth, as it allows you to diversify your investment and benefit from
company profits and dividends over time.
Who is this for?
Whether you are new to investing in shares, or a seasoned share veteran, we
offer various options that will suit your level of experience in the share market:
Share Saver
Invest monthly in the top 100 JSE listed companies from as little as R300 per
month. This means you don’t have to choose your own shares.
Share Builder
Choose from a pre-selected range of JSE blue chip shares to help you start your
Share Investing Portfolio. You can also invest directly in Krugerrands via this
product.
Share Investor
If you have some experience in the share market, Share Investor allows you to
invest in the full range of JSE listed shares and Krugerrands in real time.
Did you know?
You can invest safely in Krugerrands online, simply by opening a Share
Builder or Share Investor account.
Fee Descriptions
Share Saver (based on
portfolio value)
Share
Builder
Share
Investor
R19.00
R49.00*
FREE
FREE
0.86% of
market
value per
annum
0.86% of
market
value per
annum
Monthly Fees
Monthly account fee
Subscriptions to
inContact, Online,
Cellphone and
Telephone Banking
and the FNB
Banking App
Krugerrand
safekeeping fee
R0 –
R250 000
0.40% plus
VAT
R250 001 –
R1 000 000
0.35% plus
VAT
>R1 000 001
0.30% plus
VAT
FREE
-
*For Share Investor Accounts, a monthly account fee of R75 is charged on Non-resident and
Emigrant Blocked accounts. No VAT is payable on Non-resident and Emigrant Blocked Accounts.
17
Electronic
Channels
Telephone
Branch
Withdrawals
-
-
-
R43.00
+1.61% of
withdrawal
value
Transfers
-
R3.70
R43.00
R43.00
Payments
-
R12.00
R43.00
R43.00
Transaction Fees
Fee
Description
Share Saver
Share
Builder
Share Investor
Trade fees (of trade amount)
Trade
Option
Delayed
trades
(Today at
15:00)
1st trading
day of
month
Delayed
trades
(Today at
15:00)
Now trades
Delayed
trades
(Today at
15:00)
Brokerage
Fee
0.6% (min
R40) plus
VAT
0.10%
plus VAT
2% (min
R50) plus
VAT
0.6% (min
R80) plus
VAT
2% (min
R50) plus
VAT
Investor
Protection
Levy
0.0002%
plus VAT
Not
applicable
Not
applicable
0.0002%
plus VAT
Not
applicable
STRATE
Settlement
Charge
0.005459%
(minimum
R10.92
maximum
R54.59)
plus VAT
Not
applicable
0.005459%
(minimum
Not
Not
R10.92
applicable maximum applicable
R54.59)
plus VAT
Securities
Transfer
Tax (only
on share
purchase)
Not
applicable
Not
applicable
Not
applicable
0.25%
Not
applicable
Value add fees - price alert
Share Investor only, we will charge R0.35 Incl of VAT per alert that gets sent
Did you know?
With Share Builder you get to choose your own shares from a preselected
basket of JSE blue chip shares. To find out what shares are included in
the Share Builder limited selection, go to
fnb.co.za/share-investing/share-builder .
18
Invest in Shares
Card
Fee Descriptions
Other account related fees
Fee
Deposits
Cheque deposits*
FNB ATM and FNB branch (per deposit)
R20.00
Cash deposits
FNB ATM with envelope or Automated
Deposit (ADT)
0.70% of deposit value,
minimum R5.50
FNB Branch
1.51% of deposit value,
minimum R43.00
ENC upliftment fee and special
clearance
R85.00
Deposit of post-dated cheques
(per cheque)
R85.00
*The standard cheque clearance period is 7 days. Clearance could differ per account.
Kindly call 0860 11 22 44 or your branch for details.
19
Invest in Shares
Non-standard services
Fee
Share transfer (per counter)
Account transfer in
Account transfer out
Free
R135.00
Internal transfer
Free
Portfolio move in
Free
Portfolio move out
R105.00
Other fees
Telephonic trade instructions
R43.00
Cancellation (off-exchange instruction)
R140.00
Normal dematerialisation (per counter)
R105.00
Urgent dematerialisation (per counter)
R600.00
Normal rematerialisation (per counter)
R830.00
Urgent rematerialisation (per counter)
R1330.00
Exchange (per counter)
R105.00
Indemnities (excl insurance per counter)
R390.00
Monthly Safe Custody Fee (only on share
portfolio values > R10m in market value
and excluding Share Saver)
0.0005% of value
exceeding R10m
Registration/Change of beneficiary (excl VAT)
Krugerrand Deliveries
Portfolio Evaluation
Share removal (per instruction)
R45.00
POA
R40.00
Fee
Normal: Value of securities
R1 – R50 000
R990.00
R50 000 – R2 000 000
R1 550.00
R2 000 000+
R2 650.00
Fast track: Value of securities
R1 – R50 000
R1 650.00
R50 000 – R2 000 000
R2 750.00
R2 000 000+
R4 800.00
20
Important Information
• A complete, comprehensive pricing guide is available
on www.fnb.co.za
• Errors and omissions are excluded.
• Normal terms and conditions apply to each product.
Terms and conditions are agreed with the applicant.
If there is conflict between such terms and conditions and
those in the brochure, we will follow the normal terms and conditions that
apply to such product.
• The Bank reserves the right to change at any time the features
of any product.
• FNB recommends that you obtain independent tax advice from a suitably
qualified professional regarding the tax implications of any investment.
• Statements only available on request if balances fall below the minimum
required balances according to product rules.
• First National Bank - a division of FirstRand Bank Ltd is an Authorised
Financial Services and Credit Provider.
Prices may change
FNB may at any time change these prices or introduce new fees. We will
give at least 20 business days’ notice of these changes on the FNB website at
www.fnb.co.za or on FNB ATMs.
Standard Terminology
To assist you in comparing FNB’s charges with those of other banks, we have,
as far as possible, used standardised terminology throughout this guide. This is
in accordance with Section 13 of the Code of Banking Practice (COBP). In the
case where we have used FNB-specific terminology, we have added the table
below indicating the appropriate standardised terminology which may be used
by other banks.
FNB Term (as per pricing guide)
Standardised
Terminology
Payment
Third Party Payment/Stop Order
Cheque
Cheque Payment/Cheque
Encashment
Please note:
Electronic Channels include Online Banking, ATM, Cellphone Banking, Telephone Banking
(IVR) and FNB Banking App.
21
First National Bank - a division of FirstRand Bank Limited.
An Authorised Financial Services and Credit Provider (NCRCP20).