Fixed Deposits Early Withdrawal Fees
(Effective from 1st September 2019)
2019-08-30
| Code | Category | Product | Conditions | Fees | Comments |
|---|---|---|---|---|---|
| 201909011 | Fixed deposits | Fixed deposits early withdrawal fees | Early withdraw fee applies to all fixed deposit conducted after 1st September 2019. | Individual Clients：ZAR 230 (including VAT) per early withdraw Corporate Clients：ZAR 1150 (including VAT) per early withdraw for fixed deposits less than R100 000 000.00 (R100 Million), ZAR 5750 (including VAT) per early withdraw for fixed deposits greater than or equal to R100 000 000.00 (R100 Million) |
Fees not apply to Fixed deposit conducted via online banking system. The Bank reserves the right to adjust the amount of the early withdrawal fee. |
