Zero monthly fees 

An additional monthly fee of R50 is applicable to non-resident clients.

 

 

Each month you get:

  • Free card swipes
  • Free internal debit and stop orders
  • Free inter-account transfers and balance enquiries at self-service(2) channels

Transaction fees

-

R1.30 per R100

R80 + R2.30 per R100

-

R19.95 per R5,000

-

-

R2

-

-

R9 per R1,000

R80 + R2.30 per R100

-

R11 + R2.30 per R100

-

R55 + R2.30 per R100

Free

Free

R165

R2.20

-

R165

R2.20

-

R165

R10

-

-

R49

-

-

R10

-

-

R15

-

-

Free

-

-

R5

-

-

Free

-

-

R5

-

R68

-

Free

-

-

R4.30

-

R1.50

R1.50

-

-

R10

-

R1.50

R1.50

R0.50 per SMS

-

-

R1

-

-

R1

-

-

R20

-

-

R10 per SMS

-

-

Free

Free

R20

-

R10

-

-

R10

-

Free

R10

R35 per page

Free

1 free per billing cycle, thereafter R10

R35

R10

-

R35

-

-

R35

-

R35

R35

-

-

R52

R10

-

R35

-

Free

-

-

R8.50

-

-

R10

-

R10 per item

-

-

Free

-

-

R5

-

R35

Other service charges

R49

Free

R145

R150 per voucher

R150 per voucher

 

We reserve the right to vary any fee, cost or charge at any time and from time to time after giving reasonable notice.

 

Notes

 

1.  This fee applies at all stores where the cash-at-tillpoint service is offered.

2.  Self-service channels include Nedbank ATMs, Cellphone Banking, Online Banking and the Nedbank Money app.

3.  An additional monthly fee of R50 is applicable to non-resident clients.

4.  Excludes rates charged by network providers.

5.  An international currency conversion fee of 2% (based on the rand value of the transaction) applies to all transactions outside South Africa. For example, if you swipe your card overseas for the rand equivalent of R500, the fee will be R10.

6.  Send money quickly and securely to any South African cellphone.

7.  A billing cycle runs from the third-last business day of the month to the fourth-last business day of the following month. Your transaction list will show the fees for all transactions that you in the previous billing cycle. In other words, you are billed 1 month in arrears.

8.  Facility fees, while prescribed by the National Credit Act, may differ for internal banking segments.

9.  A dishonouring fee is charged when we can’t process a payment on your account because there is not enough money in the account.

10.  The No-funds Alert SMS will help you to avoid this fee by letting you know that there is not enough money and giving you the opportunity to put money in your account. Cost for SMS will be charged at R10. For more information, please visit nedbank.co.za

 

 

Transparent fee structures

We use plain, simple language, because we’re committed to making our fee structures clear and easy to understand.

See fee terms

Bank digitally and save on fees

Bank whenever, wherever with our digital banking tools that are secure and cheaper than visiting a branch or ATM. Find the channel that fits your lifestyle.

Learn more

Ask our bank fees specialists

If you have any questions about fees, call the Nedbank Contact Centre where our fees specialists will help you. 

Call 0800 555 111

Ombudsman for Banking Services

If you are not happy with our service and have followed our complaint’s procedure but are still not satisfied, you can contact the Ombudsman for Banking Services.

Call 0860 662 837

Visit obbsa.co.za