Introduction - First National Bank - FNB · FNB Business, Commercial and Corporate cheque account...

Introduction It’s more than just banking to us.

It’s more than just business to you.

At FNB Business we know how much your business and customers mean to you and how busy it can get meeting their demands while striving to grow your business. Whether you need transactional solutions, a cash injection to get things going or guidance on the best way to grow your business - our business banking solutions are there to help you take the hassle out of banking. That’s how we help. The fees outlined in this guide are VAT inclusive and effective from 1stJanuary -31st December 2020.

That’s why we help.

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Introduction

FNB Business Accounts

Business cheque Account

• Pay as you use

• Bundled option

Commercial /Corporate Account

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Foreign Currency Accounts

Online Banking Enterprise

FNB Business Pricing Guide

Global market & International trade tariffs

Other Account Related Fees

FNB Business Pricing Guide Page 2


FNB Business Pricing Guide / 1 July 2018 - 30 June 2019 Page 6


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• Bundled option


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FNB Business, Commercial and Corporate cheque account is a day to day transactional account for businesses from all sectors of economy.

The accounts have been designed to meet the needs of your business and also offers the conveniences of hassle-free solution .

The Accounts are available in TZS, USD, GBP and ZAR

You can choose between the Pay-As-Use (PAYU) pricing option or Single Fee pricing option on the Businesss Cheque Account.





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Introduction



• Pay as you use

• Bundled option


Business Cheque Account

How does this pricing option work?Opening Balance

Minimum BalanceMonthly Account Fee

Local card Purchases

Local card Purchases with Cash-Back

International Card Purchases

Prepaid Purchase (FNB ATM, App, Cellphone or Online Banking)

Electronic Transfer (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Branch Transfer

Internal Debit Orders

External Debit OrdersPayments (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)

Cheque Payment Service Fee

Branch PaymentReal Time Gross Settlement (RTGS)-TISS

5,000 to 100,000100,001 to 500,000500,001 to 1,000,000

1,000,001 to 3,000,000

FNB ATM/Cardless WithdrawalBranch Cash Withdrawal using Cheque Book/Card

Other Bank’s ATM Cash Withdrawal

International ATM Cash Withdrawal

International Branch Cash WithdrawalOptional Issuer Fee (OPF)

ChequesCash Deposit

Free

3.5%30,000.008,000.00

3,000.00

1,500 per 1Mil or part thereof, Min 5,000 Max 100,000950.00

8,500.007,000.002,800.001,400.00

11,800.0020,000.00 + 5,000.00 ( Channel Fee)

FreeTiered up to a maximum of 3,186.00

Not Applicable

2,650.00

Free

20,000.00 + 5,000.00 ( Channel Fee)

Free

Free

650.00

2,500.00

35,000.00

100,000.00

None

Free

Your are charged for each transaction at the applicable fee.

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Pay-As-You-Use Pricing option



Currency TZSPricing Option Fees

Purchases

Payments

Send Money to Mobile Wallets (FNB ATM, App, Cellphone & Online Banking)

Cash withdrawals

Deposit

Linked Account Transfers



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Introduction



• Pay as you use

• Bundled option


How does this pricing option work?

Opening BalanceMinimum BalanceMonthly Account Fee

Local Card Purchases

Local Card Purchases with Cash-Back

International Card Purchases


Electronic Transfer (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Branch Transfers


External Debit Orders

Payments (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Cheque Payment Service FeeBranch Payments

Real Time Gross Settlement (RTGS)-TISS

5,000 to 100,000100,001 to 500,000500,001 to 1,000,000

1,000,001 to 3,000,000

FNB ATM/Cardless WithdrawalBranch Cash Withdrawal using cheque Book/CardOther Bank’s ATM Cash Withdrawal

International ATM Cash WithdrawalInternational Branch Cash WithdrawalOptional Issuer Fee (OPF)

ChequesCash Deposit

Free

3.5%30,000.008,000.00

Free1,500 per 1Mil or part thereof, Min 5,000 Max 100,000Free

11,800.00

20,000.00 + 5,000.00 ( Channel Fee)

FreeFree

FreeFreeFreeFree

Not Applicable

Free

Free

20,000.00 + 5,000.00 ( Channel Fee)

Free

Free

650.00

2,500.00

40,000.00

100,000.00None

Free

CurrencyFeesTZS

Pricing Option

Purchases


Payments


Cash Withdrawals

Deposit

For a fixed fee per month you get free 25 transactions (Cheque payments, ATM withdrawals, Internal debit orders, 4 over the counter withdrawals, Electronic payments and 5 local other Bank ATM Withdrawals) thereafter you are charged TZS 5,000 per transaction. If the customer hold a minimum balance of TZS 8M in the account through out the month, they qualify for a rebate on this mothnly fee.

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Bundled pricing optionBusiness Cheque Account





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Introduction



• Pay as you use

• Bundled option


How does this pricing option work?

Opening BalanceMinimum Balance

Monthly Account Fee

Local card Purchases

Local card Purchases with Cash-BackInternational Card Purchases


Electronic Transfer (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Branch Transfers


External Debit Orders

Payments (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Cheque Payments Service Fee Branch Payments

Real Time Gross Settlement (RTGS)-TISS

5,000 to 100,000100,001 to 500,000500,001 to 1,000,0001,000,001 to 3,000,000

FNB ATM/Cardless WithdrawalBranch Cash Withdrawal using cheque Book/CardOther Bank’s ATM Cash Withdrawal

International ATM Cash WithdrawalInternational Branch Cash WithdrawalOptional Issuer Fee (OPF)

ChequesCash Deposit

Free

3.5%30,000.008,000.00

3,000.001,500 per 1Mil or part thereof ,Min 5,000 Max 100,000950.00

N/AN/AN/AN/A

11,800.00

20,000.00 + 5,000.00 ( Channel Fee)

1,000.00Tiered up to a maximum of 3,186.00

Not Applicable2,650.00

Free

20,000.00 + 5,000.00 ( Channel Fee)

Free

Free

650.00

2,500.00

35,000.00

300,000.00

Your are charged for each transaction at the applicable fee.

None

Free

Currency TZS

Commercial/ Corporate Cheque Account

FeesPricing Option

Purchases

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Pay-AS-You-Use Pricing Option




Payments


Cash withdrawals

Deposit



• Pay as you use

• Bundled option


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Commission $25 $25

Commission

Swift ChargeSWIFT MT940/50 Statements per Page

EstablishmentAmendment FeeAmendment - Extension (date and /or amount)

Cancellation FeeDrawing

Advising Commission

Confirmation Fee

Amendment with Our Confirmation

Amendment (Extension (date and/or amount)

Amendments (General)Payment (Negotiation Fee)Cancellation

Cancellation

CancellationDrawdowns (1st 2 drawdowns FREE of Charge)Establishment & Extensions

Returned Foreign ChequeCollection ChargeNegotiation (Subject to Manager Approval)

Courier FeeSwift Queries

CommissionSwift FeeAmendment

Courier FeeSwift Queries

Swift Queries

Amendment

Amendment

Commission

Query/ Swift Fee

0.35% Min $59, Max $180 + Channel Fee -$2.17($30 flat for Business Cheque Account)

Commission

0.35% Min $59, Max $180 + Channel Fee-$2.17

No Charge No Charge

TZS 1,800 TZS 1,800

1.20% per quarter or part thereof, Min $250 + $35 0.90% per quarter or part thereof, Min $215 + $35

$120 $120

1.20% per quarter or part thereof Min $250 + $35 0.90% per quarter or part thereof Min $215 + $35$90 + $35 (Swift) $60 + $35 (Swift)

$35 $35

$90 per set $60 per set

$150 $120

Bank and country risk determined per quarter or part thereof Min $250

Bank and country risk determined per quarter or part thereof Min $250

Bank and country risk determined per quarter or part therof Min $250

Bank and country risk determined per quarter or part therof Min $250

$90 $600.90% Min $150 0.60% Min $120$120 $120

0.30% Min $150$35$35

$35$35

0.60% Min $ 150$ 145

$901.75% per quarter or part thereof Min $215 1.20% per quarter or part thereof Min $155

1.20% per quarter or part thereof Min $155

$35$120

$35

$35

$35

$35$35

$35

0.30% Min $120

$145

$60

$1201.20% Min $30, Max $ 3000.60% Min $25, Max $250

1.20% Min $30, Max $3000.60% Min $25, Max $250

0.60% Min $120

Bank charges & exchange differential Bank charges & exchange differential

$25$12$12

$25$12$12

$145 $145$35

1.75% per quarter or part thereof Min $215

Inward Swift TransfersBusiness/ Commercial Corporate

Outward Swift Transfers

Letters of Credit-Import

Letters Of Credit- Export

Foreign Exchange Contracts

Documentary Collections- Export

Guarantees

Documentary Collections-Import

Global Market & International Trade Tariffs



500.00 100.00 100.00 5000.00

3.00 55.00 35.00 475.00

3.00 3.00 3.00 40.00

2.00 2.50 2.50 25.00

5.13 Not Applicable Not Applicable Not Applicable

Free Free Free Free

Free Free Free Free

65.00 60.00 42.50 650.00

32.50 27.50 27.50 325.00

4.25 3.50 3.00 415.00

38.50 32.50 32.50 385.00

38.50 38.50 35.50 385.00

32.50 25.00 25.00 325.00

100.00 65.00 55.00 825.00

100.00 USD Equivalent USD Equivalentd USD Equivalent

100.00 65.00 55.00 750.00

5.00 4.75 4.25 50.00

15.00 15.00 15.00 190.00

0.60 per leaf Not Applicable Not Applicable Not Applicable

8.70 + 2.17 (Channel fee) USD Equivalent USD Equivalent USD Equivalent

0.00 0.00 0.00 0.00

13.00 9.50 145.00Commercial /Corporate USD 17.00.Business USD 17.00, free if balance above USD 2,8000.00

1.5% of value min USD 13 & max USD 420. Business Free

1.5% of value min 14.75max 450

1.5% of value min 11.80 max 350

1.5% of value min 130 max 4500

Free.Small denomination (less than USD50)charges are 1.5% of cash deposited-minimum USD 16

3,000 per month free (excluding small denomination cash) thereafter 0.30% of value

2,000 per month free (excluding small denominationcash) thereafter 0.30% of value

2,000 per month free (excluding small denominationcash) thereafter 0.30% of value

Opening BalanceMinimum Balance

Monthly Fee

Withdrawals and Deposits

Cash Withdrawals

Cash Deposit

Payments and TransfersCheque Issued Account Payments(Online, FNB-to-FNB)

Account Transfers(Online, FNB-to-FNB)Account Transfers Branch

Account Payments (Branch, TISS)

Special InstructionsBalance EnquiresBank ChequeENC Upliftment Fee/Special Clearance (per deposit)Statements

Monthly StatementDuplicate Statement (per page)(Branch and Telephone Banking)

Dishonoured PaymentHonouring Fee per iterm (charged when you exceed your account limit)Admin Fee on Excess/Arrears adviseDeposit of Post Dated Cheques(per cheque)Stop PaymentsStop Payments Online

Stop Payments Branch

Other FeesCheque Book FeeCertificate of Balance

Manual Salary Processing per Entry

Penalty Fees

Currency USD EUR GBP ZAR

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• Bundled option



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• Bundled option



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Electronic Fund Transfer (EFT On us) 1911.16

Electronic Fund Transfer (EFT Off us) 3,186.00

Real time Gross Settlement (RTGS) 10,000.00 or $4.35

Salary Payments 3,186.00

Balance Inquiry 413.00

Access Fee Free

Transaction Detailed Search 413.00

Payment Notification via Email 188.8

Administrator Reactivation 45,878.4

Secondary User Fee 12,744.00

Tertiary Fee 8,920.8

Training and Support Free

Pricing Option Fees (TZS)



Outward Swift Transfers 0.30% Min $47, Max $120



Foreign Currency

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Balance EnquiresFree Free950.00 Free

35,000.00 35,00.0075,000.00 75,00.00Free Free

Free FreeFree FreeFree FreeFree Free500.00 500.005,000.00 5,000.00

42,000.00 42,000.00

500.00 500.00

5,000.00 5,000.00

100.00 100.00300.00 300.001,500.00 1,500.00

150.00 150.00

950.00 950.001,200.00 1,200.00

250.00 250.00250.00 250.00

2,500.00 2,500.00

3% 3%Up to 1.80% Up to 1.80%

120,000.00 120,000.00

600 per leaf Free

45,000.00 45,000.0040,000.00 40,000.00

16,000.00 16,000.0045,000.00 45,000.00

100,000.00 100,000.00100,000.00 100,000.00250,000.00 250,000.0030,000.00 30,000.005,000.00 5,000.00

Free Free17,000.00 Free

FNB ATM, App, Cellphone Banking & Online BankingFNB Branch, FNB POS and Other Bank’s POS, ATMsSpecial InstructionsBank ChequeENC Upliftment Fee/Special clearance (per deposit)Scheduled Payment setup & Amendment Fee (via Online Banking)Scheduled Payment Setup (FNB Branch)Scheduled Payment Amendment (FNB Branch)StatementsMonthly, Quarterly, AnnuallyDailyWeeklyBi-WeeklyMini Statement (FNB ATM, App & Cellphone Banking)

Duplicate Statement per page (Branch and Telephone Banking)Stop PaymentsOnline BankingFNB BranchPenalty FeesDishonoured PaymentHounouring Fee per iterm(Charged when exceed your account limit) Admin Fee on Excess/ Arrears adviseCard Replacement Fee (per card)Pin Replacement Fee

Deposit of Post Dated cheques (per cheque)Other FNB Declined Transaction Fee

Cheque Book Fee

Early Settlement FeeLoans and Overdrafts Facility Fee

Overdraft Excess Adminstration Fee

Other Fees

Loan Administration FeeManual Salary Processing per Entry (Business Cheque Accounts)Certificate of Balance/ Introduction letterTreasury Bills/ Bonds bidding chargesNotificationsPayments NotificationSMS NotificationFax NotificationEmail NotificationBalance Alert NotificationDailyWeeklyMonthly

Other Bank’s ATM Declined Transaction Fee (Local and international)

Pricing Option Pay-As-You-Use (TZS) Bundled Option (TZS)





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• Pay as you use

• Bundled option




Contact UsFor more information on our business banking solutions and pricing:

• Contact your Relationship Manager or nearest FNB branch• Visit www.fnbtanzania.co.tz and click on the “For My Business or For My Corporate ” tab • Call +255 768 989 050

Terms, conditions and rules apply.


Introduction - First National Bank - FNB · FNB Business, Commercial and Corporate cheque account...

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