ANZ

PCB

NBS

Comments

1.

Service fee

N/A

Nil. From $5.00 to $20.00

Nil. From $4.00 to $5.00

Withdrawing funds without passbook

2.

Penalty fee

From $1.00 to $2.00 per month when account balance is below $100.00

No change. $2.00 on every transaction made while account balance is below $100.00

No change. $1.00 per month when account balance is below $75.00

3.

New passbook

N/A

Nil. From $10.00 to $20.00

No change. Nil. $5.00

Replacement of lost or mutilated passbook

4.

Inoperative fees

From $10.00 to $25.00 per annum

From $2.00 to $3.00 per month

No change. $5.00 per annum

When accounts are inoperative for 12 months and over

5.

Excess Fee

$1.00 per item

N/A

N/A

After 8 free debit transactions per month

ANZ

PCB

NBS

(a)

Cash payments

0.25% minimum $20.00 Maximum after converting to local currency

$10.00 inward for credit of account. Delivery to other local banks (+$3.00) If Radio Broadcast (+$3.00)

$1.00 or 0.25% minimum $12.50 maximum

(b)

Cover swap

From $20.00 to $30.00 plus communication costs

On application depending on nature of swap

$15.00 to other banks plus telex costs

(c)

Purchase of travellers cheques

Nil

From $5.00 to $7.00 per encashment

1.0% commission

(d)

Cashiers cheques

No change. 1.50 units of currency per item. $1.50 minimum

From $5.00 to $7.00 commission

No change. 1.0% commission

(e)

Money order

0.25% minimum. From $15.00 to $20.00 maximum after converting to local currency

From $5.00 to $7.00 commission

No change. 1.0% commission

ANZ

PCB

NBS

(a)

Bank draft

From $7.00 commission to $10.00 commission including Stamp Duty

From $10.00 to $12.00 commission

No change. $5.00 commission

(b)

Telegraphic transfer Pacific countries

From $25.00 to $30.00 or $50.00 if cover required

From $30.00 standard and $45.00 if third currency involved to $35.00 Standard

From $30.00 to $40.00

(c)

Reissue/repurchase of outward payment (Bank Draft)

No change. $60.00

From $10.00 to $15.00 plus cable costs as applicable

No change. $10.00 commission

ANZ

PCB

NBS

1.

Current Account Ledger fee/Transaction fee/ Base fee

From $10.00 per quarter to $5.00 per month

From $5.00 monthly to $0.20 per transaction $5.00 minimum per month. (First 30 items free)

No change. $5.00 per quarter

Maintenance fee for holding an account

2.

Activity fee/Collection fee

No change. $0.15 per entry in excess of the first 20 entries per quarter

From $0.20 per entry in excess of the first 30 transaction to $0.20 per cheque deposited (First 10 cheques free)

No change. $0.10 per item drawn or deposited in excess of first 40 items per quarter.

3.

Search fee

$20.00 per hour

Up to $50.00 per hour depending on request

From $5.00 per hour to $10.00 per hour

4.

Dishonored fee

$20.00. From $10.00 to $20.00

From $10.00 to $20.00

From 15.00 to $20 From $8.00 to $15.00

Lack of funds Technical error or irregularities

5.

Special answer

From $10.00 to $20.00

From $5.00 to $20.00

No change. $10.00

When a customer requests immediate clearance of a cheque on another bank

6.

Bank cheque

No change. $50.00 + $0.50 stamp duty

From $4.50 + $0.50 stamp duty to $5.00 + $0.50 stamp duty

No change. $4.50 + $0.50 stamp duty

ANZ

PCB

NBS

1.

Base lending rate

From 10.75% p.a. to 10.25% p.a.

From 11.0% p.a. to $10.5% p.a. (Prime Lending) 11.75% p.a. (General Finance) 12.0% p.a. (House Finance) 13.75% p.a. (Consumer Finance)

No change. 11.0% p.a.

2.

Risk Margin

From 0.5 – 4.5% to 0.5 – 4.75%

From 0.25 – 4.25% to 0.0% - 2.5% p.a.

No change. 0.25 – 4.5% p.a.

3.

Default/Excess rate

No change. 3% p.a.

No change. 3% p.a.

From 3% p.a. to 2.0% p.a.

4.

Current maximum limit for small loans

From $1000.00 to $1500.00

N/A

$1500.00

NOTES:

(i)

All banks lending rates are calculated daily and debited or charged to the customers loan or overdraft account on a monthly basis

(ii)

Risk margins are based upon customers loan grade and are added to the base lending rate to ascertain the applicable interest rate.

(iii)

Small loans are mainly consumption type loans that banks approve up to a certain limit and interest rates are calculated on a flat rate basis. The effective interest rate would be much higher than the figure show. (For more information, customers may consult their banks).

(iv)

Default rate is charged above the applicable interest rate on default loans/overdrafts accounts (i.e. base rate plus risk margin plus default rate).

5.

Application fee

N/A

N/A

N/A

6.

Establishment fee

No change. 1.5% on approved amount. $45.00 on minimum

No change. 2.0% on new overdraft and term loans $50.00 minimum (Applies also to increase on existing facilities).

1.0% flat fee on approved amount. From $25.00 to $30.00 minimum

7.

Loan Administration Charge

$5.00 per month

0.25% per half yearly, calculated on limit or maximum debit balance. $40 minimum

N/A

8.

Unused Limit fee (Based on the unutilised portion of the overdraft limit)

N/A

1.0% p.a. charged at the end of each month

N/A

a.

Insurance policies

No change. $20.00 assignment of life policy. $20.00 reassignment of life policy. $20.00 surrender of life policy. $20.00 letter to update surrender value

From Nil to $30.00

No change. $20.00 assignment of life policy. $20.00

b.

Guarantees

$30.00 (1 party) from $40.00 for 2 parties and $50.00 for 3 parties to $50.00 for more than 1 party + $5.00 stamp duty

$30.00 per guarantee no matter the amount of parties

$30.00 (1 party) $45.00 (2 parties) $60.00 (3/more parties)

9.

Serving demand

$20.00 when preparing notice of demand

Refer 11 below

$20.00 when preparing notice of demand

10.

Unpaid transfer

$7.50 to account of third party

From $10.00 to account of third party to Nil

$10.00 to account of third party

11.

Delinquent follow-up fee

N/A

$20.00 (15 days in arrears) $20.00 (30 days) $50.00 (60 days) $100.00 (90 days) $300.00 (service of demand all up costs including bailiff’s fees).

N/A

Time Deposits

ANZ

PCB

NBS