PRICING GUIDE 2016
Home Loans
Initiation fees1
Natural persons
Juristic entities2
R5 985,00
R11 500,00
Monthly service fee (Including Safe Custody accounts)
Usury accounts3
Pre-NCA accounts4
Pre-NCA liberator4
R5,70
R57,00
R300,00
Cash deposit fee6
NCA accounts5
R57,00
Juristic accounts2
R68,40
R210,00
(AccessBond accounts only)
Base fee of R11,00 + 1.30% x cash deposit value
Example (Cash deposit of R3 000,00)
Cash deposit service fee R11,00 + (R3 000 x 1.30%) = R50,00
Early termination interest
Should you wish to cancel your bond before the agreed contracted loan term, you are required to provide 90 days notice in writing.
If the required notice has not been given or if it has expired you will be charged 90 days pro-rata interest based on your outstanding
balance at the time of request for cancellation.
1
Initiation fees are charged on all new loans and on the first further loan where the original loan was registered before 1 June 2007. Applications received before 6 May 2016 will still be
charged an initiation fee of R5700.00.
2
Juristic entities are defined as any Company, Close Corporation or Trust, including Foreign companies and Trust, applications from 3 September 2011.
3
Usury Act is defined as loans equal to or less than R500 000 and entered into before the introduction of the National Credit Act on 1 June 2007.
4
Loans greater than R500 000 and entered into before the introduction of National Credit Act on 1 June 2007.
5
Loans entered into after 1 June 2007 will be governed by the National Credit Act. All applications received after 6 May 2016 will be charged at the new rate of R 68.40.
6
The first cash deposit fee per month will no longer be free. All cash deposits will attract the cash deposit fee.
Any material change to an agreement entered into before the introduction of National Credit Act on 1 June 2007, will result in a change to your monthly
service fee and your total monthly instalment due.
Material changes are defined as:
• Change to existing account holders and/or sureties, including members of a Partnership, Company, Close Corporation or Trusts
• Change in the interest rate (excluding changes to Home Loan base rate)
• Change in original loan amount
• Adding or converting facilities
• Changes to loan term
• Voluntary account restructures (not Debt Review)
• Breach in existing agreement, initiated by you resulting in a new agreement.
2
3
UCount Rewards
Join our rewards programme for just R20 a month and
collect rewards points every time you shop with your
Standard Bank Credit, Cheque or Debit Card. Get up to
20%* back on groceries at 9 major grocery retailers*,
up to R2* back in rewards points per litre of fuel at
participating Caltex forecourts, up to 5%* back at
Participating Rewards Retailers and up to 1.25%* back on all your other purchases. Visit www.standardbank.co.za/UCount for more info.
* See web for details and T&Cs.
Move forward with our innovative payment
and banking products!
SnapScan
SnapScan is an innovative app that lets you pay for things
with your smartphone. It’s a simple, safe and convenient
way to pay. Download* the SnapScan app from your app
store or go to www.getsnapscan.com, link your bank card
and enjoy unbelievably simple payments. SnapScan can
be used with any MasterCard® and Visa credit or cheque
cards, as well as selected debit cards, issued by any bank
in South Africa.
Tap & go™
Buying small items on the run has just become faster with
your MasterCard® contactless card from Standard Bank.
Waste no time when you pay for purchases up to R200.
All you need to do is tap your card and go. Apply online at
www.standardbank.co.za for yours and use it wherever
you see the contactless symbol.
MasterPass
Shopping on your computer, tablet or smartphone online
is easier and more secure with MasterPass™. Download*
the app and shop, click and checkout faster online!
MasterPass can be used with any MasterCard® and Visa
credit or cheque card, as well as selected debit cards,
issued by any bank in South Africa.
Visit www.standardbank.co.za/masterpass for more info.
4
InstantMoney®
Send money via your cellphone to anyone in South Africa
– quickly and safely! Creating an InstantMoney voucher
is as easy as buying airtime – and funds can be sent
by anyone, to anyone – even if they don’t have a bank
account. Find out more at www.standardbank.co.za/
instantmoney
App for Smartphones or Tablets
You decide where and when you need to do your banking.
Simply open the secure banking app on your smartphone
or tablet, make payments, do transfers, buy prepaid
airtime and much more.
Download* our revolutionary banking app from your app
store or at www.standardbank.co.za/app
*Network providers’ standard data charges will apply.
Terms and conditions apply.
5
Contact details
If you have any questions or need more information
please call 0860 123 001. This brochure is not a
comprehensive list of our prices, for further information
visit us on www.standardbank.co.za or contact your branch.
Note: Fees charged on grants are subject to change after our annual price review.
Prices include VAT and are subject to change.
Disclaimer
Our products and services, and the terms under which they are offered, may
change. We will inform you within a reasonable time of these changes. It is in your
interest to read yourcontract carefully. If you have any questions or need more
information please contact your branch. Standard Bank subscribes to the Code
of Banking Practice. Please ask your branch for details.
Standard Bank supports the
Ombudsman for Banking Services
Sharecall number 0860 800 900
Authorised financial services and registered credit provider (NCRCP15)
The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06).
Moving Forward is a trademark of The Standard Bank of South Africa Limited.
SBSA 214609-8/15