introduction - first national bank - fnb · fnb business, commercial and corporate cheque account...
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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.
Home
Introduction
FNB Business Accounts
Business cheque Account
• Pay as you use
• Bundled option
Commercial /Corporate Account
Contact us
Foreign Currency Accounts
Online Banking Enterprise
FNB Business Pricing Guide Page 2
Global market & International trade tariffs
Other Account Related Fees
FNB Business Pricing Guide Page 2
FNB Business Accounts
FNB Business Pricing Guide / 1 July 2018 - 30 June 2019 Page 6
FNB Business Accounts
Home
Introduction
FNB Business Accounts
Business cheque Account
• Pay as you use
• Bundled option
Commercial /Corporate Account
Contact us
Foreign Currency Accounts
Online Banking Enterprise
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.
FNB Business Pricing Guide Page 3
Global market & International trade tariffs
Other Account Related Fees
Foreign Currency Accounts
Home
Introduction
FNB Business Accounts
Business cheque Account
• Pay as you use
• Bundled option
Commercial /Corporate Account
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.
Contact us
Online Banking Enterprise
Pay-As-You-Use Pricing option
Global market & International trade tariffs
FNB Business Pricing Guide Page 4
Currency TZSPricing Option Fees
Purchases
Payments
Send Money to Mobile Wallets (FNB ATM, App, Cellphone & Online Banking)
Cash withdrawals
Deposit
Linked Account Transfers
Other Account Related Fees
Foreign Currency Accounts
Home
Introduction
FNB Business Accounts
Business cheque Account
• Pay as you use
• Bundled option
Commercial /Corporate Account
How does this pricing option work?
Opening BalanceMinimum 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 Transfers
Internal Debit Orders
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
Linked Account Transfers
Payments
Send Money to Mobile Wallets (FNB ATM, App, Cellphone & Online Banking)
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.
Contact us
Online Banking Enterprise
Bundled pricing optionBusiness Cheque Account
Global market & International trade tariffs
FNB Business Pricing Guide Page 5
Other Account Related Fees
Foreign Currency Accounts
Home
Introduction
FNB Business Accounts
Business cheque Account
• Pay as you use
• Bundled option
Commercial /Corporate Account
How does this pricing option work?
Opening BalanceMinimum Balance
Monthly Account Fee
Local card Purchases
Local card Purchases with Cash-BackInternational Card Purchases
Prepaid Purchase (FNB ATM, App, Cellphone or Online Banking)
Electronic Transfer (FNB ATM, App, Cellphone, Online Banking or Scheduled Payments)Branch Transfers
Internal Debit Orders
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
Contact us
Online Banking Enterprise
Pay-AS-You-Use Pricing Option
Global market & International trade tariffs
FNB Business Pricing Guide Page 6
Linked Account Transfers
Payments
Send Money to Mobile Wallets (FNB ATM, App, Cellphone & Online Banking)
Cash withdrawals
Deposit
Other Account Related Fees
FNB Business Pricing Guide Page 7
• Pay as you use
• Bundled option
Foreign Currency Accounts
Home
Introduction
FNB Business Accounts
Commercial /Corporate Account
Contact us
Global market & International trade tariffs
Online Banking Enterprise
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
Business cheque Account
Other Account Related Fees
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
Home
Introduction
FNB Business Accounts
Commercial /Corporate Account
Foreign Currency Accounts
Global market & International trade tariffs
FNB Business Pricing Guide Page 8
Contact us
Online Banking Enterprise
Other Account Related Fees
• Pay as you use
• Bundled option
Foreign Currency Accounts
Business cheque Account
• Pay as you use
• Bundled option
Foreign Currency Accounts
Global market & International trade tariffs
Contact us
Online Banking Enterprise
Home
Introduction
FNB Business Accounts
Commercial /Corporate Account
Online Banking Enterprise
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)
Global market & International trade tariffs
FNB Business Pricing Guide Page 9
Outward Swift Transfers 0.30% Min $47, Max $120
Other Account Related Fees
Business cheque Account
Foreign Currency
Home
Introduction
FNB Business Accounts
Commercial /Corporate Account
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)
Other Account Related Fees
Global market & International trade tariffs
FNB Business Pricing Guide Page 10
Global market & International trade tariffs
Contact us
Online Banking Enterprise
• Pay as you use
• Bundled option
Foreign Currency Accounts
Business cheque Account
Other Account Related Fees
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.
FNB Business Pricing Guide