Smart Pricing Guide

This Pricing guide will help you understand your bank charges. Fees include VAT and are valid from 1 July 2011 to 30 June 2012.

Get more for less on your Smart Account

1. Cash Withdrawals: If you withdraw at till point you pay R 0.90 (on the Pay-As-You-Use pricing option only),
2. Balance Enquiries: Free at an FNB ATM, Cellphone Banking and Online Banking,
3. Cash Deposits: Cheaper when you use an FNB ATM at only 0.65% of the cash amount (minimum fee of R 5.00),
4. Cheque Deposits: Free at an FNB ATM,
5. Internal Debit Orders: R 3.30 to pay your FNB Home Loan, Credit Card, Funeral policy etc,
6. Unpaid Debit Orders: R 5.00,
7. Transfers or Third Party Payments: Only R 1.00 when you use Cellphone Banking,
8. inContact: FNB's Free messaging service that sends you an SMS or e-mail when a transaction above R 100 goes through your account.

How can I save on bank fees?

1. Draw Cash at till point when paying for goods in store (e.g. Checkers, Shoprite, Pick n Pay and PEP),
2. Your ATM card is your Debit Card. It is safer and cheaper to use your card to pay at a store than to carry cash,
3. Deposit money at an FNB ATM instead of a branch. It is safer, cheaper and quicker,
4. Avoid doing transactions inside a branch . Rather use FNB ATM's, Cellphone and Online Banking,
5. Keep enough money in your account for your monthly debit orders to go through, otherwise you will pay penalty fees,
6. Choose the right pricing option for your needs. Let FNB staff or our call centre assist you.

The table below shows a guideline on how to calculate your transaction fees
(Based on the Smart Account Pay-As-You-Use Pricing Option):

The most cost effective options have been highlighted in orange

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Smart Account

• No subscription fees for Online, Cellphone or Telephone banking.
• R 1 000 free Funeral Cover (Active Smart Accounts only).

There are 3 Pricing Options to choose from.

1. Pay-As-You-Use

Preferably for an individual that makes very few transactions and has a regular income.

• You are charged for each transaction at the applicable fee.
• If you keep a balance of more than R 5 000 in your account for the whole month you will not pay for your first 10 qualifying transactions or the monthly account fee.

2. Zero Monthly Fee

No monthly fee but charged higher pay-as-you-use rates. Suits individual with irregular income. Preferably for savings.

• You will not be charged a Monthly Account fee on this option.
• You are charged for each transaction at the applicable fee.

3. Unlimited / Unlimited without Funeral

For individual with a regular, stable income of R2000 to R8000 per month. Used if you transact more than 3 times per month. One monthly payment with unlimited electronic transactions.

Unlimited:

• You get unlimited electronic transactions for a fixed fee of R 63.00 per month.
• The account holder benefits from an additional R 10 000 free funeral cover (T&C's apply).
• To qualify for this option you need to be between 18 and 65 years old and earn more than R 2 000 per month.

Unlimited without Funeral:

• You get unlimited electronic transactions for a fixed fee of R 55.00 per month.
• To qualify for this option you need to be between 18 and 65 years old and earn more than R 2 000 per month.

Transactions excluded are charged for as shown in the table below:

** International Commission and Conversion Fee of 2.75% of the transaction value applies.

Fees applicable on all products unless otherwise specified

Convenience services

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eWallet from FNB

The eWallet from FNB is a convenient way of sending money to loved ones or to pay someone. You simply send money to a valid South African Cellphone number using one of FNB's electronic channels. The recipient doesn't need a bank account and the money is received instantly. It's fast, safe and simple!

Transaction fees applicable to eWallet from FNB are listed below:

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Mzansi and Social Grant account

Mzansi Account

• Basic savings and transactional account.
• No minimum balance but a maximum balance of R 15 000 applies.
• Only 8 transactions per month are allowed, thereafter a penalty fee of R 8.00 plus the regular transaction fee applies.

Social Grant Account

• This account is for customers who live in the Eastern Cape and get a grant of any kind from the Eastern Cape Government.
• This account is no longer available to new customers.

* Includes Debit Orders to Wesbank, FNB Card, FNB Home Loans, Smart Spend Loan, FNB Loans & FNB Funeral Cover

Below is an example of transactions and fees for Mzansi customers:

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Smart Save and Stokvel Accounts

Book based savings accounts

FNB offers two types of book-based savings accounts for individuals and groups:

• Smart Save Account - A savings account that allows you to keep a manual record of deposits and withdrawals made into the account.
• Stokvel Account - A book-based savings account for a group of individuals who wish to save together for a common purpose.

If you keep a balance of at least R 5 000 in your Smart Save Account at ALL times during the month, you get 10 free transactions. This excludes cash deposits, special instructions, penalty fees and statement charges.

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FNB Funeral Plan

Financial peace of mind when your family needs it most.

* Cover amount of R 5 000

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Need more help with pricing options and banking fees?

• Call the FNB Pricing Line on 0860 11 22 44.
• Use the Online Fee Calculator on our website, www.fnb.co.za.
• Visit your nearest FNB Branch for assistance.

Important information

• FirstRand Bank Ltd reserves the right to change pricing and package pricing or introduce new fees from time to time. We will give you at least 21 days notice of these changes on the FNB website or on FNB ATM's,
• Errors and omissions are excluded,
• You must apply for each facility or product we describe individually. The grant of any facility or product is subject to you meeting the credit and qualifying criteria of that product or facility,
• Each facility or product has the normal terms and conditions that apply to that facility or product. We agree these terms and conditions with the applicant. If there is conflict between such terms and conditions and those in the brochure, we will follow the normal terms and conditions that apply to such facility or product,
• The Bank reserves the right to change at any time the features of any product or facility,
• First National Bank, a division of FirstRand Bank Ltd, is an Authorised Financial Services Provider.

Standard Terminology

To assist you in comparing FNB's charges with those of other banks, we have, as far as possible, used standardised terminology throughout this guide. This is in accordance with Section 13 of the Code of Banking Practice (COBP). In the case where we have used FNB-specific terminology, we have added the table below indicating the appropriate standardised terminology which may be used by other banks.

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