Investec Private Banking fees 2015 Fee table: Private Bank Account Investec Private Banking Platinum Account Trainee Accountant Extra Guaranteed Accounts Multiple Accounts Electronic Only (EO) Accounts* 35 R260 R235 R235 R215 *This option is only for clients living abroad and includes a total of 10 free online banking debit and debit order transactions. After this, transactional charges will apply. If a client returns to South Africa, a monthly fee of 35 will be levied and there will be no transactional charges incurred post the date of conversion to the fee of 35. Transactions carried out before the date of conversion to the fee of 35 will incur transactional charges. If a client returns to South Africa and then goes abroad again in one statement period, a monthly fee of 35 will be levied. Again, transactional charges incurred prior to first conversion from EO to a fee of 35 per month will still be charged, but there will be no transactional charges applied to transactions undertaken while the client pays a monthly fee of 35. Ad hoc service charges may still apply. Transaction charges Purchase airtime, data and SMS bundles Purchases using the card at point of sale devices Journey card monthly fee per card Journey card transaction fee (fuel, oil and toll transactions) Cash withdrawals at local and international ATMs Cash withdrawals at local and international bank branches Foreign exchange related transactions Online Banking transactions that debit the Investec Private Bank Account Online Banking transactions that credit the Investec Private Bank Account Debit orders against your account Online statements Lost card protection Electronic Only Account card reissuance fee (once-off) R15 0 Refer to foreign exchange fees below R200
Fee table: Private Bank Account 2 Card replacement and local deliveries Branch delivery International card deliveries Local emergency card deliveries Monthly financing administration fee per mortgage and instalment sale (R200 if card is replaced (R200 if card is replaced R375 R280 Travel insurance (when purchasing travel tickets with an Investec Private Bank Account card) Transaction voucher copy (for disputed transactions) Successful transaction dispute Unsuccessful transaction dispute Returned payment fee on returned cheques Returned payment fee on returned automatic payment orders (APO) R180 Cash handling fee (for depositing cash at an Absa branch) 1.08% Copy of deposit slip less than 30 days old Copy of deposit slip older than 30 days old Provide details on credit or debit to account less than 30 days old Provide details on credit or debit to account older than 30 days old Special clearance on cheques (to be requested when depositing a cheque at Absa) Cheque requests Cheque receipt Cheque encashment Copy of cheque Successful payment recall Unsuccessful payment recall Cash send Debit order resubmission fee Faster Payment Fee (outbound real time clearing (RTC) payment) R110 R22 R85 R50 R25 0 International Foreign exchange International conversion fee (a fee charged on any transaction, not performed in South African rand) Emergency cash disbursement fees (international) 2.5% If your Visa card is lost or stolen while you are travelling abroad, Investec can assist you in attaining emergency cash or an emergency Visa card at a fee of $175 or $250 respectively Please note that this is not an Investec replacement card which is available with normal lead times, but a non-branded Visa card issued on behalf of Investec by another bank as an emergency measure. The fees are charged by Visa, who facilitates the transaction
Fee table: Private Bank Account 3 ATM limits Daily chip and PIN card, cash withdrawal limit R6 000 (domestic) R20 000 (international) Other features Investec Online and the Investec App SAA Business Class Lounge and Bidvest Premier Lounge: Unconditional access to all Investec Private Bank Account card holders Bidvest Premier Lounge guest and child rates: Adult guests Local lounges Adult guests International departure lounges (in South Africa) Children (four children under 12, free thereafter) Local lounges Children (four children under 12, free thereafter) International departure lounges (in South Africa) R169 R279 R75 R96
Fee table: Private Bank Account 4 Fee table: Private Business Account Investec Private Business Account Trust Accounts (no card issued)* *Must have a Private Bank Account to have access to this offering Transaction charges Purchases using the card at point of sale devices Journey card monthly fee per card Journey card transaction fee (fuel, oil and toll transactions) Cash withdrawals at local and international ATMs Cash withdrawals at local and international bank branches (including foreign exchange purchases) Balance of payment administration fee (applicable on all foreign rand and currency deposits) Online Banking transactions that debit the Investec Private Business Bank Account Online Banking transactions that credit the Investec Private Business Bank Account Online statements Debit orders affected against your account R250 R135 R15 R13 0 Refer to foreign exchange fees below International foreign exchange International Conversion Fee (a fee charged on any transaction, not performed in South African rand) Emergency cash disbursement fees (international) 2.5% If your Visa card is lost or stolen while you are travelling abroad, Investec can assist you in attaining emergency cash or an emergency Visa card at a fee of $175 or $250 respectively. Please note that this is not an Investec replacement card which is available with normal lead times, but a non-branded Visa card issued on behalf of Investec by another bank as an emergency measure. The fees are charged by Visa, who facilitates the transaction Lost card protection Card replacement and local deliveries Branch delivery International card deliveries Local emergency card deliveries Monthly financing administration fee per mortgage and instalment sale Travel Insurance (when purchasing travel tickets with an Investec Private Bank Business Account card) Transaction voucher copy (for disputed transactions) (R200 if card is replaced (R200 if card is replaced R375 R280
Fee table: Private Bank Account 5 Successful transaction dispute Unsuccessful transaction dispute R180 Returned payment fee on returned cheques Returned payment fee on returned automatic payment orders (APO) Cash handling fee (for depositing cash at an Absa branch) 1.08% Copy of deposit slip less than 30 days old Copy of deposit slip older than 30 days old Provide details on credit or debit to account less than 30 days old Provide details on credit or debit to account older than 30 days old Special clearance on cheques (to be requested when depositing a cheque at Absa) R110 Cheque requests Cheque receipt R22 Cheque encashment R85 Copy of cheque R50 Successful payment recall Unsuccessful payment recall Cash send R25 Debit order resubmission fee Investec loading beneficiaries on Online Banking on behalf of clients Load 20 or less beneficiaries Load 21 to 50 beneficiaries Load 51 to 100 beneficiaries Load 101 to 200 beneficiaries Load 201 to 300 beneficiaries R240 80 R720 ATM limits Daily chip and PIN card, cash withdrawal limit R6 000 (domestic) R20 000 (international) Other features Investec Online and the Investec App SAA Business Class Lounge and Bidvest Premier Lounge: Unconditional access to all Investec Private Bank Account card holders Bidvest Premier Lounge guest and child rates: Adult guests Local lounges Adult guests International departure lounges (in South Africa) Children (four children under 12, free thereafter) Local lounges Children (four children under 12, free thereafter) International departure lounges (in South Africa) R169 R279 R75 R96
Fee table: Private Bank Account 6 Foreign exchange fees Deals greater than R5 000 International transfers in currency* International transfers in ZAR* Travel currency (Travel Card or foreign notes) Deals smaller than R5 000 (for individuals, depending on SWIFT instruction) Flat transaction fee** 0.55% minimum R365 maximum R850 0.65% minimum R365 maximum R850 1.9% minimum R160 R230 Additional Charges (charged in addition to the minimum and maximum fees as indicated above) ZAR transaction fee*** Offshore charge for outward payments**** Returned/Incorrect payment * On inbound transfers, fees only charged if SWIFT instruction is BEN or SHA. ** Flat transaction fee charged on Individual deals only. Incorporated Entities charged the normal fees for deals under R5 000 *** ZAR transaction fee charged on ZAR deals irrespective of SWIFT instruction. **** Waived if client has an Investec Private Bank Account R175 R230 R230
Fee table: Private Bank Account 7