Moving Forward TM PRICING GUIDE 2015 Prestige Banking Still bringing you real banking value
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Moving ForwardTM
PRICING GUIDE 2015
Prestige Banking
Still bringing you real banking value
Prestige Banking is a banking solution for people that are serious about successPrestige Banking comprises of a holistic offering that caters
for every stage of your life. This offering is delivered through
a dedicated Prestige Team. You receive superior in-branch
service through a dedicated Prestige Banker. The Prestige
Banker provides you with the convenience of making an
appointment to meet 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 Line and Email
Unit, for your day to day banking needs and queries.
You can also call the line to schedule an appointment with
your Prestige Banker.
Prestige Banking pricing options
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 fee* R179,00
This fee includes:
Electronic transactions3 Unlimited
Cheques (issued and deposited) 4
Standard Bank ATM cash withdrawals/
AccessPoint (cash-out)1 8
Branch cash withdrawals 2
AutoBank cash deposits/AccessPoint (cash-in)1 3
Electronic balance enquiries and
Standard Bank ATM mini-statements Free
TravelWallet Included
Cheque Card annual fee Included
Debit/Cheque card purchases Free
Internet Banking subscription fee Free
*Transactions that exceed the specified maximum will attract ”Pay as you transact“ fees.
¹Transactions performed at AccessPoints are included.
²Instant transfer of money between Standard Bank customers using Cellphone Banking. The recipient’s number must be linked to their account.
³This 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
• Garage card fees (provided that the card is linked to the
current account)
• 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)
• One free bank cheque per month
• Electronic provisional and 30-day statements from
an AutoPlus
• Formal emailed statements
• Will safe custody
3
• TravelWallet activation, loading and reloading
• Free direct delivery of foreign notes and TravelWallet
• Bank by fax transactions
• Stop payments.
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
• They may conduct their account at a branch other than the
main account holder’s branch
• 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
• Internet Banking subscription at no additional cost.
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.
3 4 5
Pay as you transact option
Deposits at branch or AutoBank
Cheque deposits1
– At Standard Bank ATM
– At branch
R20,00
R25,00
Cash deposits
– At Standard Bank ATM
– At branch
R4,00 + 1.25% of value
R11,00 + 1.25% of value
Cash withdrawals
At Standard Bank ATM2,3 R4,00 + 1.15% of value
At other bank’s ATM R6,70 + R4,00 1.15%
At branch
– Using a cheque card, credit
card or debit card3
– Cheque encashment
R33,00 + 1.35% of value
Branch cash withdrawal
fee + cheque service fee
Cash withdrawal at POS R5,00
International ATM R33,00 + 1.40% of value
Payments
Prepaid recharges using
Standard Bank
– Cellphone Banking and
Mobile App
– Internet Banking
– ATM2
R1,10
R1,10
R1,10
Electronic inter-account
transfers (excluding savings and
investment accounts) R3,70
Stop order4
– Internal – External
R4,00 R5,20
Electronic account payments R5,00
Cheque card purchase Free
Debit card purchase Free
Purchases with cashback R5,00
Debit order4 R12,50
Branch inter-account transfers
and account payments
(to Standard Bank third parties) R42,00
Cheque service fee R4,50 + 1.60% of value
(max total fee R50,00)
4 5 6
Bank cheque R85,00
Delivery of foreign exchange R180,00
Real-time clearance R35,00
Monthly service fee on arranged
overdraft limits above R500,00 R30,00
Monthly service fee on
unauthorised overdrafts R57,00
Minimum monthly service fee
includes Standard Bank ATM cash
withdrawals, electronic inter-
account transfers, electronic
account payments, cheque card
purchases, debit orders and
cheque service fee5 R90,00
Internet Banking subscription fee Free
Annual cheque card fee for Pay
as you transact Free
¹Deposit fee is per cheque deposited.
²Prepaid recharges at another bank’s ATM will attract a fee of R6,70.
³Where there is no Standard Bank ATM available in a town or if it is offline, the Standard Bank ATM cash withdrawal fee is applicable.
4Debit 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 R4,00.
5The minimum monthly service fee will be levied if the total combined transaction fees do not exceed this amount.
6 7
7
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
The following fees apply unless specifically excluded
Information
Balance enquiries and mini-statements
At Standard Bank ATM (display)
At Standard Bank ATM (print)
At branch
At another bank’s ATM
Free
R1,10
R6,50
R5,00
Provisional statements
At AutoPlus – 30 days: one free a month,
thereafter
At Branch
R5,00
R30,00
Transaction history
At AutoPlus – 60 days
At AutoPlus – 90 days
At AutoPlus – 180 days
R8,00
R11,00
R13,50
Transaction history
At branch – 60 days
At branch – 90 days
At branch – 180 days
R33,00
R50,00
R50,00
Internet, Telephone and Cellphone
Banking statements
Formal emailed statements
Posted statements
Free
Free
R11,00
98
Internet Banking payment confirmation fee
By email
By SMS
By Fax
R1,00
R1,00
R3,50
MyUpdates
(Email/SMS notifications) Free
Chequebooks
Prestige Plus customers Free
All non-carbonised chequebooks R52,50
Personal/Owner Loan Protection Plan
Plan D Plan E Plan F
Age
Bands
Death, permanent
disability, dread
disease and
retrenchment
Death, permanent
disability, and
retrenchment
Death
18-59 R2,39 R2,01 R1,24
To calculate: Divide your outstanding balance by R1 000,00
multiply by the rate under your age band = monthly premium.
(The premium decreases as your outstanding balance decreases).
Other servicesDeclined cash withdrawal
At Standard Bank ATM
At another bank’s ATM
R2,50
R4,70
Depositing a post-dated cheque R100,00
Garage card transaction fee1 R5,20
Replacement card
Debit card (magstripe)
Debit card (Chip/EMV card)
Cheque card
R50,00
R125,00
R125,00
Special clearance on cheques deposited R100,00
Stop payments on cheques and debit orders R45,00
Stop order (establish/amend/cancel) fee R16,00
Disputed debit orders (if after 40 days and
customer proved wrong) R200,00
Dishonour fee2 R115,00
PIN re-set ATM Free
PIN re-set branch R3,50
Point of sale decline due to insufficient funds R7,00
Honouring fee3 R120,00
9
Internet future dated payment unpaid R30,00
Will drafting fee (complex will) R589,00
Will drafting fee (pre-printed will) R516,00
Will review (this fee may be waived online
by the intermediary) R310,00
Will safe custody annual fee R135,00
¹Included as part of the fixed monthly management fee on the Plus option (Garage card transaction fee is included if linked to a current account).
²A charge for payment that we dishonour due to insufficient funds in your account.
³A charge for payment that we honour when you do not have sufficient funds in your account.
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 on your smartphone to
transfer funds, pay beneficiaries, buy airtime, check balances
and much more.
• Use Internet, Telephone or Cellphone Banking as more cost
effective ways to perform most of the transactions you do in
the branch.
• Recharge prepaid airtime for free using the Internet,
Telephone, Cellphone Banking or the Standard Bank
Mobile App.
• Open your Savings and Investments account using Internet
Banking or the AutoPlus.
• In order to avoid paying the cheque deposit fee, rather try to
have deposits paid electronically into your account.
• Avoid issuing cheques, it is cheaper to do an
electronic transaction.
• Draw cash at a Standard Bank ATM if you are not already
doing so – and 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
10 11
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. Alternatively, contact your Prestige Banker or the
Prestige Line consultants.
• You can be confident that you’ll always make the most of
your investment without having to throw caution to the wind,
by investing in one of our deposit products. There are no
management fees or commission. You can open the deposit
account through Internet Banking.
UCount Rewards
Join our rewards programme for just R20 a month and collect rewards points every time you shop with your Standard Bank personal Debit/Cheque or Credit Card. Get up to 10%* back on groceries and up to 1.25%* back on all your other purchases! Visit www.standardbank.co.za/UCount for more info. *Terms and conditions apply.
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 & go™
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 .
10 11
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
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 usPrestige Banking Line 0860 001 321
International Prestige
Banking Line
+27 11 299 4607
Email [email protected]
Lost or stolen cards 0800 020 600/+27 11 299 4114
Internet www.standardbank.co.za
Cellphone Banking *120*2345#
Fraud 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.
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 193203-11/14 PG0019
Standard Bank supports theOmbudsman for Banking ServicesSharecall 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. If you have any questions or need more information please contact your branch. Standard Bank subscribes to the Code of Banking Practice. Please ask your branch for details.
Still bringing you real banking value
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