Mercantile Bank Private Bank Pricing Guide v5privatebank.mercantile.co.za/Documents/Mercantile Bank...
Transcript of Mercantile Bank Private Bank Pricing Guide v5privatebank.mercantile.co.za/Documents/Mercantile Bank...
Pricing guideAll prices include VAT and are effective as of the 1st January 2018
Mercantile Bank Limited. Reg. No: 1965/006706/06An Authorised Financial Services and Credit Provider. NCRCP19
The Entrepreneur Private Banking Account
Private Banking monthly service fee
Included Transactions
All local ATM withdrawals (from any Saswitch ATM)
Monthly internet banking fee
Online banking beneficiary payments
Online banking transfers between own accounts
Internal and external debit orders
Internal and external stop orders
Up to 2 free additional secondary credit cards
Annual Entrepreneur black credit card
Re-issue of credit card fee
Free local Bidvest premier lounge accesses depending on your 3 month average spend. Guests can be brought in at an additional fee of R235 local lounges and R350 international lounges
Unlimited
Nil
Unlimited
Unlimited
Unlimited
Unlimited
Included
Included
Included
1 free access on sign up
R350
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The Entrepreneur Current Account
Transaction Fees
Cash deposited at the branch or an ATM
Cash withdrawal fee
Stop payment of cheques or debit orders
Bank cheque fee
Special presentation fee
Postdated cheque fee
Cash withdrawal fee with encashment of cheque
Biller payments over the counter
Fee for statements that are produced other than monthly
R7.35 plus 1.89% of amount deposited
1.89% of amount withdrawn
R78.75
R130.00
R130.00
R110.00
R65.00 plus 1.89% of amount withdrawn
R18.60
Internet Banking Batch Payment R9.64
Cheque deposit feeR25.00 per deposit
page
Daily: R90.00Weekly: R42.00
Twice Monthly: R26.24
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Entrepreneur Credit Card
Replacement Card: principle and secondary
Transaction Fees
Cash withdrawals (international ATM's)
Cash withdrawals (over-the-counter) Mercantile Bank
Cash deposit fee
Cheque deposit fee
Funds transfer (branch counter)
ATM balance enquiry (international banks)
1% of amount drawn
R40.00 plus 1.70% of amount withdrawn
R8.00 plus 1.7% of amount deposited
R25.00 per deposit page
R45.00
R9.00
R42.00
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Administration and Collection Fees
Transaction notification SMS
PIN replacement (SMS)
Courier card delivery
Urgent courier delivery
R0.00
R4.00
R240.00
R450.00
Disputes
Voucher retrieval (local)
Voucher retrieval (international)
False disputes
R80.00
R286.00
R256.18
Foreign Exchange
Transaction Fees
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Foreign notes sales
Outgoing forex fee
Incoming forex payments
Swift fee per transaction
2% of Rand value min R228.00
0.60% of Rand value min R285.00max R855.00
0.60% of Rand value min R285.00max R855.00
R136.80
Entrepreneur residential home loan excluded from the bundle
Initiation fee
Monthly service fee
Cash deposit fee
R5985.00
R43.98R7.35 plus 1.89% of amount deposited
Lending
Entrepreneur installment sale excluded from the bundle
Initiation fee
Monthly service fee
Cash deposit fee
R1197.00
R57.00R7.35 plus 1.89% of amount deposited
Entrepreneur medium term loan excluded from the bundle
Initiation fee
Monthly service fee
Cash deposit fee
R1197.00
R57.00R7.35 plus 1.89% of amount deposited
For more information on our latest fees and assistance in maximising the benefits of our products and services contact your Private Banker or call us on 086 030 9250.