First National Bank of Botswana Pricing Review

Revised tariff guide of frequently used services

01 April 2021 All prices are inclusive of VAT (14%).

Business tariff guide

(A) ACCESSIBILITY FACILITATION CHARGES (v) Foreign Currency Accounts -Business Penalty Fees: Other***
Monthly maintenance Free Unpaid cheque P 0.00 GPO Financing prime +10% max
(i) Cash Withdrawals
Violation of minimum balance Legal fees: Invoice Discounting prime +10% max
Cash @ Till P 2.54
EUR € 25.44 Repossessions release P 135.38 Bonds/Guarantees/Indemnities
FNB ATM/Cardless Withdrawal/Mini ATM Cash Withdrawal Up to P500 = P2.60
Above P500 = P5.09 USD $29.52 Handling fee for sold repossessions P 685.02 Guarantees: Business
Other Banks ATM Up to P500 = P7.68 GBP £20.36 Sorage and insurance per agreement P 248.36 Shipping guarantees(bill of lading Indemnities)
Above P500 = P10.18
ZAR R 356.25 Valuation fee Establishment 1.18%
International ATM Withdrawal (Cash Advance) P 27.58
Monthly bank statements Free Cross border deals per agreement P 2,488.66 Quarterly commission 0.61%
(ii) FNB Branch
Interim bank statements P 6.88 Document fee P 1,867.77 Increase of amounts 1.18%
Flat (Over The Counter withdrawal) P 35.62
Copies of old bank statements P 27.48 Arrears letter P 13.74 Extension of tenure: 1.18%
Cash handling fee (per P100) P 0.32
Over-the-counter cheque deposits Free Statement copies sent to auditors P 36.64 - Minimum P 519.11
(iii) Card Purchases
Deposit of Foreign Cheques, Travellers' Cheques and drafts: Issuing of cheque for refund to non-FNB P 36.64 Amendment P 305.36
Card Purchases Local P 3.66
South African Rand (ZAR) R 94.50 Issuing cheque for refund to FNB Free Property Guarantees:
Card Purchases International P 7.02
United States Dollars (USD) $33.50 Cross border authority letter P 13.49 Establishment fee 1.18%
(iv) Linked Account Transfers
British Pounds (GBP) £20.00 Change of Ownership P 13.49 Subsequent 0.61%
FNB (Electronic) - ATM, Online, Cellphone,Tel. & Scheduled P 3.66
Euro (EUR) € 27.00 Final letter of settlement P 13.49 Commission on guarantee 0.61%
FNB Branch P 35.17
Pula (BWP) Free Faxing of copies of documentations P 20.87 Extension of tenure:
(v) Payments
Dormant account charges: Emailing of statements Free Minimum 1.18%
FNB (Electronic) - ATM, Online, Cellphone,Tel & Scheduled P 3.77
South African Rand (ZAR) R 138.94 (v) Credit Card - Business Amendment P 519.11
Internal Debit Order P 3.77
United States Dollars (USD) $34.61 Joining – Application/Administration Fee P 103.31 Assessment fee P 305.36
External Debit Order P 30.54
British Pounds (GBP) £20.87 Advance facility fee 0.25% Other Guarantees:
Cheque Payment P 36.76
Euro (EUR) € 27.74 Bundled pricing: (Annual card fee) P 203.57 Establishment fee 1.29%
FNB Branch P 35.17
Amendments (incoming SWIFT transfers) Free Own bank ATM withdrawal P 7.33 Other***
Stop Payments - Branch P 146.57
Amendments (outgoing SWIFT transfers): Other local bank ATM withdrawal P 10.43 Every subsequent 6 month period 0.61%
Point of Sale Machines
South African Rand (ZAR) R 105.86 International bank ATM withdrawal P 26.97 Amendments commission P 244.29
POS installation P 325.71
United States Dollars (USD) $26.46 Other: Semi Annual Commission Bond value based
Rentals:
British Pounds (GBP) £13.23 Additional Authorized User P 203.57 Bonds:
Rentals per month (Stand alone) P 131.30
Euro (EUR) € 20.10 Voucher retrieval per voucher already paid P 0.00 Performance/Tender Bonds
Per month (Integrated System) P 1,190.89
Other*** Lost card/replacement Fee P 91.71 Establishment: 1.18%
Commission charged on sales
Deposit of foreign cash 3.34% Copy of history statement P 35.80 - Minimum P 519.11
Minimum POS monthly turnover No minimum
Withdrawals in Foreign Currency 3.34% Declined transaction P 4.17 - Maximum Bond value based
Maximum POS monthly turnover 5.00%
Withdrawals in Pula Free Branch over the counter cash withdrawal: Semi Annual Commission Bond Value based
(vi) Scheduled Payment Related Fees
Incoming SWIFT transfers: 0.26% of Pula value FNB P 33.61
Establishment and Amendment (App & Online Banking) Free
- Minimum P 109.93 Other local bank P 0.00 (E) PAYMENT AND CLEARING CHARGES
Establishment (FNB Branch) P 12.98
- Maximum P 417.32 International bank: (i) Cheque Book Forms
Amendment (FNB Branch) P 3.66
Transfer to other banks by SWIFT, Telex or drafts, and travellers - Minimum P 64.12 Standard cheque book:
(vii) Online Banking Enterprise cheques (per transaction)
- Maximum 2.32% 20 to 50 pages (40 Forms) P 55.98
Monthly Fee P 95.68 South Africa Rand: 0.35% of amount
Point of Sale purchases: 101 and above (200 Forms) P 111.96
Electronic Payment P 4.43 - Minimum R 145.55
Own bank Free Vetting of Privately printed cheque books/forms P 151.15
Electronic Transfers P 3.31 - Maximum R 661.61
Other Local bank Free Issue of bank cheque-per cheque leaf: P 76.34
Local Transfers to own account within the same Bank P 3.66 British Pound: 0.36% of amount
International bank Free Deposit books
Balance enquiry single account Free - Minimum £12.98
Lost card protection insurance P 35.62 20 – 50 pages Free
Balance enquiry multiple account Free - Maximum £52.93
Over the limit cash advance 51-100 pages Free
Statement Request Free United States Dollars: 0.36% of amount
- Minimum P 98.73 101 and above Free
Cheque Book Request Free - Minimum $15.78
- Maximum 3.26% Account Services
Utility bill payment P 3.66 - Maximum $66.16
Interim bank statement P 7.33 Investigations on transactions Free
Account transfers Free Euro: 0.36% of amount
Impound credit card: Certificate of Balance P 64.13
Credit Card Payments P 3.66 - Minimum € 5.29
International P 0.00 Audited info provided P 381.70
(viii) Prepaid Purchases - Maximum € 46.31
Local P 0.00 Certificate covering interest paid (ITW9) Free
Airtime Free Foreign Exchange Charges (Business)
Introduction letter for international bank P 0.00 Balance of account only Free
Electricity P 2.29 Local SWIFT bank transfer Outwards 0.33% of Pula value
Other*** Full bank history report P 56.49
(ix) Balance Enquiries - Minimum P 76.34
Monthly statement Free Notification advices Free
Electronic (FNB ATM, Online Banking, Cellphone) Free - Maximum P 366.43
Impound card fee – Fax charges P 0.00 Reactivation of administrator Free
Other Bank's ATM P 5.95 International SWIFT bank transfer (Manual) 0.33% of Pula value
Unpaid Cheque/Debit Order P 223.93 Reactivation per business unit Free
POS P 2.80 - Minimum P 110.44
FNB Stop order P 13.23 Alternative pricing options on request Free
(x) Statements - Maximum P 458.04
NON FNB Stop order P 13.23 Activation of dormant account Free
Current Month E-mailed Statement Free International SWIFT bank transfer (Online) 0.25% of Pula value
Closing of account Free
Posted Statement Free - Minimum P76.34
(D) TRADE FACILITATION CHARGES (Business) Paypal Withdrawal Service 1.63%
Provisional Statements P 6.87 - Maximum P356.25
Letters of Credit (inward - exports) (Business) eWallet
Historical Branch Statements P 27.63 Purchase of foreign notes 3.1% of Pula value
Advising commission P 277.88 Withdrawal, Cashback@POS, @POS Purchase with Cashback
Cellphone Statements P 2.04 - Minimum P 18.98
Confirming commission 0.25% of the Pula value 1st transaction Free
Copies of Deposit Slips P 27.48 Sale of foreign notes 3.1% of Pula value per 6 months opt
Subsequent transactions P 1.12
Incomplete deposit slip P 14.61 - Minimum P 18.98 - Minimum P 415.29
eWallet Reversal
Additional Statements Bills negotiated and returned unpaid: - Maximum 0.25%
Electronic P 2.19
Daily P 78.88 Foreign cheque Free Amendments (other than extensions) P 138.43
Branch P 10.69
Weekly P 26.46 Inward SWIFT bank transfer 0.36% Cancellation P 732.86
Pre Paid purchases
Bi-Monthly P 12.88 - Minimum P 76.34 Extension of tenure 0.56% of Pula value
Airtime Free
(xi) Convenience and Value Adds - Maximum P 366.43 - Minimum P 468.21
Electricity P 2.29
Send Money using eWallet P 9.82 Draft request to stop: - Maximum 0.56%
Balance enquiry Free
(xii) Payment Notifications SWIFT cable cost P 134.87 Document examination Free
Monthly fee Free
E-mail Free Other*** Other**
Dormancy fee P 5.80
SMS P 0.26 Inward foreign transfers 0.27% of Pula value Payment and /or negotiation 0.25% of Pula value
Stop Orders (Scheduled Payments) (Business)
Fax P 3.04 - Minimum P 109.42 - Minimum P 379.66
Stop order within bank (within own accounts) P 3.77
- Maximum P 417.32 - Maximum 0.25%
Stop order within bank (to 3rd party accounts) P 3.77
(B) INVESTMENT / INTERMEDIATION CHARGES Letters of Credit (outwards - imports)(Business)
Stop order within bank (Loan repayments) P 3.77
(i) Term Deposits - Business (C) Advances/Loans-Business Establishment of letter of credit (Sight) 0.56% of Pula value
Stop order to other banks (Local) P 3.77
Balances Penalty (i) Business Loans: First Loans - Minimum P 488.57
Stop order to other banks (International) P 142.50
50.01-200.00 P 53.44 Application P 65.65 - Maximum 0.56%
Penalty/Other Fees
200.01-1,000.00 P 106.87 Processing/Arrangement/facility Fee 1.32% Establishment of letter of credit (Issuance) 0.60% of Pula value
Unpaid Debit Orders (per item)
1,000.01-10,000.00 P 267.19 - Minimum P 632.66 - Minimum P 585.27
Per debit order P 274.82
10,000.01-100,000.00 P 800.04 - Maximum no maximum - Maximum 0.60%
Unpaid Cheque (per item)
100,000.01-500,000 Negotiable Insurance administration Free LC/Guarantee Drafting P 541.50
Per unpaid cheque P 300.27
500,000.01+ Negotiable Early repayment penalty P 0.00 SWIFT cost on establishment (Cable costs) P 133.34
Honouring Fee ( Charged per item in excess of your account
*2% of the balance over the remaining period to maturity. Early Tender letter/Agreement in principle Extension or renewal of letter of credit 0.56% of Pula value limit)
redemption fees should not be deducted from the principal. In
FNB Customers P 26.58 - Minimum P 488.57 Per transaction P 193.39
the event that the 2% interest penalty is larger than the interest
earned, the maximum fee will default to the interest earned. Non FNB Customers P 66.42 - Maximum P 17,812.50 Inward Unpaid Item
(ii) Current Accounts FNB Commercial P 132.83 Increase of amount of letter of credit 0.56% of Pula value Deposit of Post-Dated Cheque P 40.71
Pay-As-You-Use (PAYU) Non FNB Commercial P 159.40 - Minimum P 488.57 Lost card protection insurance Free
Gold Cheque Account P 48.65 Assessment fee P 66.42 - Maximum P 17,812.50 POS Declined Transaction Fee P 5.09
Cashman P 76.34 Copy of title deed requests P 66.42 Drawing commission on letter of credit 0.27% of Pula value Other Bank's ATM Declined Transaction Fee P 5.09
Non-Profit Cheque Account P 48.65 Copy of bond requests P 66.42 - Minimum P 76.34 Failed Scheduled Transaction P 5.09
Islamic Finance Cheque Account P 61.07 (ii) Overdrafts - Maximum 0.27% Additional card issued Free
Commercial Cheque Account P 76.34 Authorised facility arrangement 1.17% Amendment of letter of credit P 140.46 Referral fees (calling customer to normalise excess) Free
Platinum Cheque Account P 61.07 - Minimum P 1,082.99 Couriering of documents Local P 118.07 Auditor’s information charge
Enterprise Cheque Account P 76.34 - Maximum 1.17% of facility Couriering of documents International P 666.70 Transaction Referencing P 2.85
(iii) Call Account Excess notice: Revolving and standby letter of credit 0.76% of Pula value
Linked Account Transfers via Banking App, Cellphone, ATM and Free - Minimum P 42.97 - Minimum P 463.13 (F) CASH PLUS
Online Banking and Scheduled Transfers
- Maximum P 107.57 - Maximum 0.76% eWallet Withdrawal
Branch transactions
Renewal of facility 1.17% Cancellation P 732.86 1st transaction Free
Over-the-counter-cheque deposits Free
- Minimum P 1,088.09 Document checking P 615.80 Subsequent transactions P 1.12
Over the counter deposit other banks cheques Free
ITC enquiry P 14.44 Note: Overseas bank charges are for the accounts of the Cash out of FNB Account/eWallet
Over the counter cash deposit at own bank applicant.
CRB enquiry P 4.65 P 25 - P 125 P 4.07
All fees based on the Pula value of the exchange
Ad valorum fee per P 100 P 3.16 + P 0.46 per P
Unutilised Facility Fee 1.17% P 126 - P 250 P 6.11
100.00 Foreign Bills (collection charges)
(iii) Commercial building loans P 251 - P 500 P 10.18
Branch Transfers Free Outward collection handling P 122.14
Processing/Arrangement fee 1.17% P 501 - P 1 000 P 15.27
(iv) Deposits Issuance/Remitting fee P 305.36
Processing payments P 315.54 P 1 001 - P 2 000 P 25.45
Cash Deposit at ATM Clean Bills 0.30%
Early repayment penalty As per central bank policy P 2 001 - P 5 000 P 50.89
ad val per P 100 P 0.38 Inward collection handling P 91.61
(iv) WesBank Cash Deposit into FNB Account P 0.31 per P 100
Cash Deposit at Branch Presenting fee P 274.82
Documentation fee (Loan processing) 1.14% Prepaid Electricity Purchase Free
Flat fee P 5.09 Extension after maturity P 152.68
- Minimum P 1,847.41 Prepaid Airtime Purchase Free
ad val per P 100 P 0.41 Cable charges Prime + Margin
- Maximum P 6,987.59
Cheque Deposit - Branch Free
Facility fee Negotiable