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Pricing Guide 2021.Pdf STANBIC BANK ZAMBIA PRICING 2020/2021 TYPE OF TRANSACTION PRIVATE EXECUTIVE ACHIEVER (EVERYDAY CORPORATE COMMERCIAL ENTERPRISE TAMANGA INVOICE DISCOUNTING BANKING) Arrangement Fee 2.5% Secured 5% unsecured ADMINISTRATION Interest rate LCY Customised Montly Management Fees ZMW 330 ZMW 110 ZMW 55 ZMW 200 ZMW 165 ZMW 150 ZMW 100 Interest rate FCY Customised Debit Activity Fees Free Free Free Free Free Free Free DISTRIBUTOR FINANCE Credit Activity Fees Free Free Free Free Free Free Free Arrangement fee 2.5% Secured 5% unsecured Bundle Pricing ZMW 385 ZMW 165 ZMW 87 N/A N/A N/A N/A DEPOSIT Management fee per quarter Customised Local cheque deposit at branch Free Free Free Free Free Free Free Rollover fee Customised Own Bank cheque within clearing area Free Free Free Free Free Free Free Interest rate (ZMW) Customised Own Bank cheque outside clearing area Free Free Free Free Free Free Free Interest rate (USD) Customised Agent Bank cheque within clearing area Free Free Free Free Free Free Free FOREIGN CURRENCY SERVICES Agent Bank cheque outside clearing area Free Free Free Free Free Free Free Purchase of Foreign Exchange Cash Deposit at Branch Free Free Free Free Free Free Free Foreign notes No charge Bulk Cash Deposit Foreign Currency ( Above $50,000) 1% 1% 1% 1% 1% 1% 1% Telegraphic Transfer/SWIFT (inward) US$20 flat WITHDRAWALS Drafts/Bills/Cheques 1.1% min US$40 plus VAT + Foreign charges At branch within K25,000 ATM limit Free Free ZMW 120 N/A N/A N/A N/A Drafts/Bills/Cheques 1.1% min US$40 plus VAT + Foreign charges Own ATM ZMW 9 ZMW 9 ZMW 9 N/A N/A N/A N/A SALE FOREIGN EXCHANGE Own ATM (International) ZMW 23 ZMW 23 ZMW 23 N/A N/A N/A N/A Foreign notes 1.4% on min K123 At other Bank's ATM ( in country) ZMW 17 ZMW 17 ZMW 17 N/A N/A N/A N/A Telegraphic Transfer/SWIFT (outward) *excludes correspondant bank 1% minUS$35, max US$80 At other Bank's ATM (International) ZMW 23 ZMW 23 ZMW 23 N/A N/A N/A N/A charges VISA transaction dispute fee USD 55 USD 55 USD 55 USD 55 USD 55 USD 55 USD 55 Drafts/Bills/Cheques 1.2% minUS$55, max US$330 FCY Withdrawal Fee Free Free Free Free Free Free Free OTHER FOREIGN EXCHANGE SERVICES PAYMENTS Stop payment of drafts US$148 VAT inclusive Standing Order Repurchase of drafts US$42 Flat i. Standing order set up [One off] ZMW 31 ZMW 31 ZMW 31 ZMW 31 ZMW 31 ZMW 31 ZMW 31 Reissue of drafts 1.2% min US$62, max US$350 ii. Standing order amendment [One off] Free Free Free Free Free Free Free LETTERS OF CREDIT iii. Standing order to Internal account ZMW 36 ZMW 36 ZMW 36 ZMW 36 ZMW 36 ZMW 36 ZMW 36 Outward iv. Standing order to External account ZMW 50 ZMW 50 ZMW 50 ZMW 61 ZMW 61 ZMW 50 ZMW 50 Handling Charges US$205 Direct Debit and Credit Clearing Payments (DDACC) Extensions & increases to amounts 0.2% min US$205, max US$350 i.Manual ZMW 25 ZMW 25 ZMW 25 ZMW 25 ZMW 25 ZMW 25 ZMW 25 Amend/Cancel 1.1% min US$100, max US$295 ii. Electronic ZMW 10 ZMW 10 ZMW 10 ZMW 22 ZMW 22 ZMW 10 ZMW 10 Risk fee Real Time Gross Settlement System Payments (RTGS)-Manual ZMW 55 ZMW 55 ZMW 55 ZMW 110 ZMW 110 ZMW 55 ZMW 55 Other Security 0.3% - 1.1% per quarter (min US$250) Telegraphic Transfer / SWIFT (Electron) 1% min US$ 35 1% min US$ 35 max 1% min US$ 35 max US$ 75 1% min US$ 35 max 1% min US$ 35 max 1% min US$ 35 max 1% min US$ 35 excludes correspondant bank charges max US$ 75 US$ 75 US$ 75 US$ 75 US$ 75 max US$ 75 Cash Cover 0.3% - 0.6% per quarter (min US$235) Bank cheque issued ZMW 100 ZMW 100 ZMW 100 ZMW 218 ZMW 218 ZMW 100 ZMW 100 Inward Stop payments ZMW 605 ZMW 605 ZMW 605 ZMW 605 ZMW 605 ZMW 605 ZMW 605 Advising US$205 Funds Transfer (Internal) ZMW 61 ZMW 61 ZMW 61 ZMW 61 ZMW 61 ZMW 61 ZMW 61 Advising with confirmation Depends on issuing bank Funds Transfer (Internal - between Retail Accounts) Free Free Free N/A N/A Free Free Amend/Cancel US$205 OVERDRAFT / LOANS Payments (Negotiation fee) 0.2% and min US$250 Facility set up fee 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 990 0.25% to 2.2% min ZMW 1% to 10% min ZMW 1% to 10% min 1% to 10% min ZMW 990 990 2,250 990 ZMW 990 ZMW 990 Negotiation of discrepant documents US$205 Arrangement fee when facility taken up [One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 990 0.25% to 2.2% min ZMW 1% to 10% min ZMW 1% to 10% min 1% to 10% min BILLS OF EXCHANGE ZMW 990 990 2,250 990 ZMW 990 ZMW 990 Outwards Facility extension fee [One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 990 0.25% to 2.2% min ZMW 1% to 10% min ZMW 1% to 10% min 1% to 10% min ZMW 990 990 2,250 990 ZMW 990 ZMW 990 Clean bills for collection US$48 flat payable in advance Renewal fee [One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 990 0.25% to 2.2% min ZMW 1% to 10% min ZMW 1% to 10% min 1% to 10% min ZMW 990 990 2,250 990 ZMW 990 ZMW 990 Documents for collections US$75 plus courier charges Excess interest(Margin above policy rate) Risk Based Risk Based Risk Based Risk Based Risk Based Risk Based Risk Based Holding charges 0.6% min US$188 Ad-Hoc overdraft - Referral fee ZMW 1,089 ZMW 1,089 ZMW 1,089 ZMW 1,089 ZMW 1,089 ZMW 1,089 ZMW 1,089 Inward Post dated cheque issued ZMW 330 ZMW 330 ZMW 330 ZMW 330 ZMW 330 ZMW 330 ZMW 330 Documents for collections 0.9% min US$144 maxUS$673 Personal Instalment Loans - Arrangement fee 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 990 1% to 10% min ZMW 990 1% to 10% min ZMW 1% to 10% min 1% to 10% min Holding charges per month US$72 ZMW 990 990 990 ZMW 990 ZMW 990 Clean bills for collection 0.9% min US$144 maxUS$338 GUARANTEES BY BANK Clean bills returned unpaid US$145 Tender / Bid bonds - Arrangement fee [One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 1,040 0.25% to 2.2% min ZMW 1% to 10% min 1% to 10% min 1% to 10% min ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 ZMW 1,040 Agent Correspondent bank Charges Recovered in full from customer without any add-on Tender / Bid bonds - commission Per quarter 0.25% to 1.7% 0.25% to 1.7% min 0.25% to 1.7% min ZMW 0.25% to 2.2% min ZMW 0.25% to 1.7% min 0.25% to 1.7% min 0.25% to 1.7% min ZMW 1,040 ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 min ZMW 1,040 ENTERPRISE ONLINE / MOBILE BANKING Bonded Warehouse - Arrangement fee [One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 1,040 0.25% to 2.2% min ZMW 1% to 10% min 1% to 10% min 1% to 10% min Registration Free ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 ZMW 1,040 Monthly subscription fee Free Bonded Warehouse - commission Per quarter 0.25% to 1.7% 0.25% to 1.7% min 0.25% to 1.7% min ZMW 0.25% to 2.2% min ZMW 0.25% to 1.7% min 0.25% to 1.7% min 0.25% to 1.7% min ZMW 1,040 ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 min ZMW 1,040 Password Reset Free Performance Bond/ Other indemnities Arrangement fee[One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 1,040 0.25% to 2.2% min ZMW 1% to 10% min 1% to 10% min 1% to 10% min Ad-hoc Statement Free ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 ZMW 1,040 Performance Bond - Commission per quarter 0.25% to 2.2% 0.25% to 2.2% min 0.25% to 2.2% min ZMW 0.25% to 2.2% min ZMW 0.25% to 2.2% min 0.25% to 2.2% min 0.25% to 2.2% Internal transfers (within Stanbic) Free min ZMW 300 ZMW 300 300 2,250 ZMW 300 ZMW 300 min ZMW 300 Internal transfers (Cross Currency) Free Advance Payment/Cheque Guarantee Arrangement fee[One off] 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 1,040 0.25% to 2.2% min ZMW 1% to 10% min 1% to 10% min 1% to 10% min ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 ZMW 1,040 Value Added Services ZMW 2 Advance Payment/Cheque Guarantee - Commission Per quarter 1% to 10% min 1% to 10% min ZMW 1% to 10% min ZMW 1,150 0.25% to 2.2% min ZMW 1% to 10% min ZMW 1% to 10% min 1% to 10% min DDACC (interbank transfer) Free ZMW 1,150 1,150 2,250 1,150 ZMW 1,150 ZMW 1,150 DDACC (Direct Debit / Credit) ZMW 10 Inward Re- Issuance Fee- Commission Per quarter 0.25% to 2.2% 0.25% to 2.2% min 0.25% to 2.2% min ZMW 0.25% to 2.2% min ZMW 0.25% to 2.2% min 0.25% to 2.2% min 0.25% to 2.2% min ZMW 1,040 ZMW 1,040 1,040 2,250 ZMW 1,040 ZMW 1,040 min ZMW 1,040 RTGS ZMW 40 Amendment fee $125 $125 $125 $150 $125 $125 $125 Telegraphic Transfer / SWIFT 1% min US$ 35 max US$ 75 Inward Advisory fee 0.5% min $350, 0.5% min $350, max 0.5% min $350, max $600 0.5% min $350, max 0.5% min $350, 0.5% min $350, 0.5% min $350, max $600 $600 $1000 max $600 max $600 max $600 BUSINESS ONLINE OTHER FEES Installation Free Fixed deposit breakage ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 Monthly subscription fee ZMW 182 Certificate of balance ZMW 50 ZMW 50 ZMW 50 ZMW 462 ZMW 462 ZMW 50 ZMW 50 Password Reset ZMW 22 Certification of documents ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 ZMW 275 MT Series USD 55 Commission of Oaths ZMW 462 ZMW 462 ZMW 462 ZMW 462 ZMW 462 ZMW 462 ZMW 462 Internal transfers (within Stanbic) Free Form G for Treasury Bills & Govt bonds bid to BOZ ZMW 363 ZMW 363 ZMW 363 ZMW 363 ZMW 363 ZMW 363 ZMW 363 Internal transfers (Cross Currency) Free Auditiors Report ZMW 200 ZMW 200 ZMW 200 ZMW 572 ZMW 572 ZMW 200 ZMW 200 DDACC (Direct Debit / Credit) ZMW 22 Sealing of documents ZMW 572 ZMW 572 ZMW 572 ZMW 572 ZMW 572 ZMW 572 ZMW 572 RTGS ZMW 88 Photocopying ZMW 50 ZMW 50 ZMW 50 ZMW 50 ZMW 50 ZMW 50 ZMW 50 Telegraphic Transfer / SWIFT 1% min US$ 35 max US$ 75 Letter of reference ZMW 50 ZMW 50 ZMW 50 ZMW 352 ZMW 352 ZMW 50 ZMW 50 Token replacement ZMW 265 Search Fee ZMW 242 ZMW 242 ZMW 242 ZMW 242 ZMW 242 ZMW 242 ZMW 242 E-TAX Tracers (Swift) ZMW 286 ZMW 286 ZMW 286 ZMW 286 ZMW 286 ZMW 286 ZMW 286 Customs Duty ZMW 25 Monthly statement (Current Account excl.
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