We aim to be competitive and transparent with our fees.
| Description |
Sanlam Liquid Debit Card Fees (including VAT) |
Sanlam Liquid Savings Account Fees (including VAT) |
| General Fees |
|
|
| Monthly fee |
R26.50 |
N/A |
| Statement (post) |
R8.00 |
R8.00 |
| Statement (email) |
R3.00 |
R3.00 |
| Statement (Internet) |
Free |
Free |
| |
Statements contractually default to monthly, but can be changed |
Statements contractually default to bi-annually, but can be changed |
| Card Fees |
|
|
| First Card Issue |
Free |
N/A |
| Secondary card issue |
R100.00 |
N/A |
| Card replacement: local (lost card or pin) |
R100.00 |
N/A |
| Withdrawal Fees |
|
|
| Bidvest Bank ATM Withdrawal |
R3.50 for the 1st R100 plus R0.90 per R100 thereafter |
N/A |
| Saswitch ATM withdrawal |
R6.00 for the 1st R100 plus R1 per R100 thereafter |
N/A |
| Saswitch balance enquiry |
R3.30 |
N/A |
| ATM Withdrawal denied:Insufficient funds |
R4.50 |
N/A |
| ATM Withdrawal denied: Incorrect PIN |
R3.00 |
N/A |
| ATM Withdrawal denied: Exceed daily limit |
R4.00 |
N/A |
| POS cash withdrawal |
R3.00 |
N/A |
| International ATM cash withdrawal |
R40.00 |
N/A |
| International ATM withdrawal denied: insufficient funds |
R40.00 |
N/A |
| International ATM withdrawal denied: incorrect PIN |
R20.00 |
N/A |
| International ATM balance enquiry |
R20.00 |
N/A |
| Deposit Fees |
|
|
| ABSA counter cash deposit |
R4.00+0.5% of value of deposit |
R4.00+0.5% of value of deposit |
| Electronic deposits |
FREE |
FREE |
| Internet Banking Fees |
|
|
| Internet Banking Monthly fee |
FREE |
FREE |
| Internet Banking Account payment |
R3.50 |
R3.50 |
| Internet Banking Transfer |
Free – Liquid to Liquid |
Free – Liquid to Liquid |
| Internet Banking Notification: Email |
FREE |
FREE |
| Internet Banking Notification: SMS |
R0.30 |
R0.30 |
| Contact Centre Fees |
|
|
| Contact Centre Monthly fee |
FREE |
FREE |
| Contact Centre Balance enquiries |
R6.00 |
R6.00 |
| Contact Centre Beneficiary payments |
R20.00 |
R20.00 |
| Contact Centre Duplicate statement |
R8.00 |
R8.00 |
| Point of Sales Fees |
|
|
| POS Purchase |
R3.00 |
N/A |
| POS Cash withdrawal |
R3.00 |
N/A |
| POS Declined transactions |
R2.00 |
N/A |
| POS International purchase |
R40.00 |
N/A |
| POS International declined transactions |
R10.00 |
N/A |
| Other Fees |
|
|
| Debit orders |
R5.25 |
R5.25 |
| Stop orders |
R6.00 |
R6.00 |
| Create/delete/amend stop order, debit order, or payment |
CC – R20; Internet - free |
CC – R20; Internet - free |
| Stop payment |
R50.00 |
R50.00 |
| Dishonour / unpaid item |
R6.50 |
R6.50 |
| Archive statement |
R40 per statement |
R40 per statement |
* Interest on the Debit Card account is calculated after taking into account an annual service fee deduction of 0.5% (excl VAT).
** Interest on the Savings account is calculated after taking into account an annual service fee deduction of between 3.5% (excl VAT) and 0.5% (excl VAT). The service fee deduction depends on the available balance in the client's account.
Fees will be reviewed on an annual basis and may result in a change in fees. Clients will be notified of any changes in fees that may result in an increase.
Content within this section:
