Reduced fees
From 1 October 2009 you’ll enjoy the benefit of a range of dramatically reduced exception fees across personal and business transaction accounts.
What’s more, next year you'll also be able to take advantage of some innovative new opt-in ‘safety net’ initiatives, including SMS and email balance alerts, to help avoid these fees entirely. It’s all part of our commitment to provide services to help you manage accounts effectively and make the most of your money.
Below is a table that explains which fees we have reduced.
|
Fee |
When the fee applies |
Before 1 October 2009 |
From 1 October 2009 |
Accounts eligible |
|---|---|---|---|---|
|
Dishonour Fee |
When you make a payment that exceeds your available funds and we dishonour the transaction |
$35 |
$5 |
All personal and business transaction accounts
|
|
Overdrawing Approval Fee |
When you make a payment that exceeds your available funds or your overdraft limit and we allow the transaction |
$30 |
$10 |
|
|
Late Payment Fee |
When we do not receive your required monthly loan repayment in full by the due date |
$45 |
$25 |
All home, investment and personal loans |
Did you Know?
For the right advice before you make your next move, talk to one of our Financial Planners.
