PRICING GUIDE 2016

PRICING GUIDE 2016
Prestige Banking
Prestige Banking is a banking
solution for people that are
serious about success
Prestige Banking comprises of a holistic offering that caters
for every stage of your life. This offering is delivered through a
dedicated Prestige Team. The Prestige team provides you with
the convenience of making an appointment to meet in branch
with a banker and discuss your portfolio of products, and how
you can best meet your future financial goals.
Prestige Banking allows you to have greater flexibility to
engage with the bank through the Prestige virtual team, for
your day to day banking needs and queries.
Prestige Banking pricing options for 2016
You can choose from three different fee options:
• Fixed monthly management fee (Plus) – you pay a
single monthly management fee for a fixed number of
transactions and services.
• Pay as you transact with a minimum monthly service fee
– you pay for each transaction.
• Rebate – if you keep a daily minimum balance in your
account for a full calendar month we will refund a
portion of the service fees incurred under the
‘Pay as you transact’ option.
2
Fixed monthly management fee (Plus option)1
Monthly fee1
R179,00
This fee includes:
Electronic transactions2
Unlimited
Cheques (issued and deposited)
4
Standard Bank ATM cash withdrawals
Cash withdrawal at POS
8
Unlimited
AutoBank cash deposits
3
Electronic balance enquiries and
Standard Bank ATM mini-statements
Free
TravelWallet
Included
Cheque Card annual fee
Included
Annual Titanium MasterCard® Credit card
(excluding loyalty programme and a once off
card initiation fee of R145,00 for customer)
Free
Debit/Cheque card purchases
Free
Internet Banking and mobile app subscription fee
Free
¹Transactions that exceed the specified maximum will attract ”Pay as you
transact“ fees.
²This includes any combination of debit and stop orders, electronic inter-account
transfers, electronic account payments and debit/cheque card transactions.
Also included in the Plus option are:
• Annual credit card fee, excluding loyalty programmes
• Secondary credit card – sharing the main credit card limit
(should your spouse or life partner prefer a separate credit
card account with their own limit they can apply in their
own name and will be subject to the normal application and
approval process and a fee structure)
• Electronic provisional and 30-day statements from
an AutoPlus
• Formal emailed statements
• Will safe custody
• TravelWallet activation, loading and reloading
• Free direct delivery of foreign notes and TravelWallet
• Stop payments.
3
Secondary Prestige account
Prestige Banking also offers a secondary Prestige current
account for your spouse or life partner with access to the
same services and transactional benefits at a reduced monthly
fee of R132,00.
Your spouse or life partner will receive:
• Their own Prestige Plus current account operating
as a separate account with the same transactions
bundle included
• The account can be opened in the name of the main
account holder, or that of the spouse or life partner
• Their own MasterCard® Titanium Cheque card.
Need an account for your child?
We realise that your child requires banking which is affordable,
convenient and meets their individual financial needs.
The following banking solutions are available:
• (sum)1 account – children between 0 and 16 years
• Student Achiever account – scholars/students between
16 and 23 years.
For more information visit:
www.standardbank.co.za/studentachiever or contact your
nearest branch.
4
Pay as you transact option
Deposits at branch or AutoBank
Cheque deposits1 – At Standard Bank ATM
– At branch
R25,00
R30,00
Cash deposits
– At Standard Bank ATM
– At branch
R4,00 + 1.30% of value
R11,00 + 1.30% of value
Cash withdrawals
At Standard Bank ATM2
R4,00 + 1.20% of value
At other bank’s ATM
R6,70 + R4,00 + 1.20%
of value
At branch
–U
sing a cheque card, credit
card or debit card3
– Cheque encashment
R33,00 + 1.40% of value
Branch cash withdrawal
fee + cheque service fee
Cash withdrawal at POS
R5,00
International ATM
R33,00 + 1.45% of value
Payments
Prepaid recharges using
Standard Bank
– ATM, Cellphone Banking,
Internet Banking and
Mobile App
– At another bank’s ATM
R1,10
R6,70 + R1,10
Electronic inter-account
transfers (excluding savings and
investment accounts)
R3,90
Stop order3
– Internal
– External
R4,20
R5,50
Electronic account payments
R5,20
Cheque/Debit card purchases
Free
Purchases with cashback
R5,00
Debit order3
– Internal
– External
R4,20
R13,10
Branch inter-account transfers
and account payments
(to Standard Bank third parties)
R45,00
5
Cheque service fee
R4,50 + 1.65% of value
(max total fee R52,50)
Bank cheque
R100,00
Delivery of foreign exchange
R200,00
Immediate payment
R50,00
Automatic cheque clearance fee
R100,00
Minimum monthly service fee
includes Standard Bank ATM cash
withdrawals, electronic interaccount transfers, electronic
account payments, cheque card
purchases, debit orders and
cheque service fee4
R94,00
Internet Banking subscription fee
Free
Annual cheque card fee for Pay
as you transact
Free
Information
Balance enquiries and mini-statements
At Standard Bank ATM (display)
At Standard Bank ATM (print)
At branch
At another bank’s ATM
Free
R1,15
R6,80
R5,25
Provisional statements
At AutoPlus – 30 days: one free a month,
thereafter
At branch
R5,25
R31,50
Transaction history
At AutoPlus – 60 days
At AutoPlus – 90 days
At AutoPlus – 180 days
R8,50
R11,55
R14,10
Transaction history
At branch – 60 days
At branch – 90 days
At branch – 180 days
R35,00
R52,50
R52,50
Internet, Telephone and Cellphone
anking statements (view/download)
Formal emailed statements
Posted statements
Free
Free
R12,00
Emailed internet statements
R1,05
Internet, Telephone and Cellphone
Banking statements
Formal emailed statements
Posted statements
6
Free
Free
R12,00
Internet Banking payment confirmation fee
By email
By SMS
By Fax
R1,05
R1,05
R3,70
MyUpdates9
SMS notifications
Free
Chequebooks
All non-carbonised chequebooks
R60,00
Overdraft fees
Monthly service fee on arranged
overdraft limits above R500,007
R68,40
Monthly service fee on unauthorised
overdrafts
R68,40
Initiation fee
R74.10+ 11.4% of
limit up to a maximum
of R1197.00
Other services
Declined cash withdrawal
At Standard Bank ATM
At another bank’s ATM
Depositing a post-dated cheque
Garage card purchases
Replacement card
Debit card (magstripe)
Debit card (Chip/EMV card)
Cheque card
Special clearance on cheques deposited
Stop payments on cheques and debit orders
Stop order (establish/amend/cancel) fee
Disputed debit orders (if after 40 days and
customer proved wrong)
Dishonour fee5
Electronic Account Payment (EAP) recall
PIN re-set ATM
PIN re-set branch
Point of sale decline due to insufficient funds
Honouring fee6
Internet future dated payment unpaid
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R2,60
R4,90
R105,00
R5,00
R52,50
R130,00
R130,00
R105,00
R47,50
R16,80
R210,00
R115,00
R210,00
Free
R4,00
R7,50
R130,00
R31,50
Standard Trust Limited fees
Will drafting fee (complex – Standard Trust
nominated executor)
R600,00
Will drafting fee (complex – Standard Trust not
nominated executor)
R1 800,00
Will drafting fee (pre-printed will)
Free
Will drafting fee (online)
Free
Will review (Standard Trust nominated executor
– this fee may be waived by the intermediary if
original will is kept in safe custody)
R300,00
Will drafting/will review for over 55 year olds
(Standard Trust nominated executor)
Free
Estate Planning consultation where there is no
preparation for a will (this fee may be waived by
the intermediary)
R1 500,00
Will safe custody annual fee
R150,00
Will safe custody for Prestige Bundled
Free
Rebate option
The rebate is applicable to fees incurred on Standard Bank
ATM cash withdrawals, electronic inter-account transfers,
electronic account payments, debit orders, cheques and
cheque card purchases. It also applies to the minimum
monthly service fee.
Minimum daily positive
balance for the full
calendar month
Maximum
monthly rebate
R10 000 to R19 999
R85,00
R20 000 to R29 999
R125,00
R30 000 to R49 999
R225,00
R50 000 to R99 999
R280,00
R100 000+
R420,00
¹Deposit fee is per cheque deposited.
²Where there is no Standard Bank ATM available in a town or if it is offline,
the Standard Bank ATM cash withdrawal fee is applicable.
³Debit orders to another Standard Bank account and stop orders in favour
of personal loan/RCP/WTP/student loans are only charged the base fee
of R4,20.
4
The minimum monthly service fee will be levied if the total combined transaction
fees do not exceed this amount.
5
A charge for payment that we dishonour due to insufficient funds
in your account.
6
A charge for payment that we honour when you do not have sufficient funds
in your account.
7
Monthly overdraft service fee for customers with existing limits on or
before 5 May 2016 will be charged R57.00
8
This fee applies when a customer makes cheque deposit and receives immediate clearance
on the funds, that means the account does not have a “U” status (uncleared funds) on file.
9
A R2.50 monthly fee will be charged if you want to receive MyUpdates messages for
transactions under R100 for Real-time point of sale transactions, electronic account
payments and deposits.
A R10.00 monthly fee will be charged if you would like to add additional Cellphone numbers
to receive MyUpdates Notifications
Tips on how to manage your account
The following tips will assist you in banking faster and cheaper –
at your own convenience:
• Use the Standard Bank Mobile App, Internet or Cellphone
Banking on your smartphone to transfer funds, pay
beneficiaries, buy airtime, check balances and much more.
• Open your Savings and Investments account using Internet
Banking or the AutoPlus.
• In order to avoid paying the cheque or cash deposit fee, rather
try to have deposits paid electronically into your account.
• Avoid issuing cheques, it is cheaper to do an
electronic transaction.
• Remember to always use Standard Bank ATMs to avoid
paying additional fees for using other banks’ ATMs.
• Use your cheque, credit or debit card to make in-store
payments or purchase online with either your cheque or
credit card.
• Avoid administration fees by ensuring that there is always
sufficient money to cover any expenses off your account.
You can carefully monitor the funds in your account by
obtaining your account balance as often as you need on
Cellphone, Internet Banking or on the Standard Bank Mobile
App. Remember Cellphone, Telephone, Internet Banking
balance enquiries are free.
• Use our Internet pricing calculator to ensure that you are on the
most suitable pricing option given your transacting needs.
• You can be confident that you’ll always make the most of
your investment by investing in one of our deposit products.
There are no management fees or commission. You can open
the deposit account through Internet Banking.
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UCount Rewards
Join our rewards programme for just R20 a month and collect
rewards points every time you shop with your Standard Bank Credit,
Cheque or Debit Card. Get up to 20%* back on groceries at 9 major
grocery retailers*, up to R2* back in rewards points per litre of fuel
at participating Caltex forecourts, up to 5%* back at Participating
Rewards Retailers and up to 1.25%* back on all your other
purchases. Visit www.standardbank.co.za/UCount for more info.
* See web for details and T&Cs.
Move forward with our innovative
payment and banking products!
SnapScan
SnapScan is an innovative app that lets you pay for things
with your smartphone. It’s a simple, safe and convenient way
to pay. Download* the SnapScan app from your app store or
go to www.getsnapscan.com, link your bank card and enjoy
unbelievably simple payments. SnapScan can be used with
any MasterCard® and Visa credit or cheque cards, as well as
selected debit cards, issued by any bank in South Africa.
Tap to Pay™
Buying small items on the run has just become faster with your
MasterCard® contactless card from Standard Bank. Waste no
time when you pay for purchases up to R200. All you need to do
is tap your card and go. Apply online at www.standardbank.co.za
for yours and use it wherever you see the contactless symbol .
MasterPass
Shopping on your computer, tablet or smartphone is easier
and more secure with MasterPass™. Download* the app and
shop, click and checkout faster online! MasterPass can be used
with any MasterCard® and Visa credit or cheque card, as well as
selected debit cards, issued by any bank in South Africa.
Visit www.standardbank.co.za/masterpass for more info.
InstantMoney®
Send money via your cellphone to anyone in South Africa –
quickly and safely! Creating an InstantMoney voucher is as easy
as buying airtime – and funds can be sent by anyone, to anyone
– even if they don’t have a bank account. Find out more at
www.standardbank.co.za/instantmoney
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App for Smartphones or Tablets
You decide where and when you need to do your banking.
Simply open the secure banking app on your smartphone
or tablet, make payments, do transfers, buy prepaid airtime
and much more. Download* our revolutionary banking app
from your app store or at www.standardbank.co.za/app
*Network providers’ standard data charges will apply. Terms and conditions apply.
Contact us
Prestige Banking Line
International Prestige
Banking Line
Email
Lost or stolen cards
Internet
Cellphone Banking
Fraud
0860 001 321
+27 11 299 4607
[email protected]
0800 020 600/+27 11 299 4114
www.standardbank.co.za
*120*2345#
0800 222 050/+27 11 641 6114
This brochure is not a comprehensive list of our prices. For further information,
please contact your branch. Prices include VAT and are subject to change.
Standard Bank supports the
Ombudsman for Banking Services
Sharecall number 0860 800 900
Disclaimer
Our products and services, and the terms under which they are offered, may change.
We will inform you within a reasonable time of these changes. It is in your interest to read
your contract carefully. Standard Bank subscribes to the Code of Banking Practice.
Please ask your branch for details.
Authorised financial services and registered credit provider (NCRCP15)
The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06).
Moving Forward is a trademark of The Standard Bank of South Africa Limited.
SBSA 214704-04/16 PG0019
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