South African Banking Fees for 2015

Banking, Bank, Standard bank, Nedbank, absa, richest banks
South Africa’s largest bank, Standard Bank once again makes it as number one. The bank achieved an overall ranking of 123rd
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Now trading as Barclays Africa Group, Absa has the second biggest customer base in South Africa. In 2014, its customer base grew from 8.6 million to 9.2 million.

Absa Bank: 2015 Fee Transaction per R1000
Withdrawal
(Native)
R4.45 R5.00
Withdrawal
(other)
R8.00 R8.00
Withdrawal
(international)
R6.00 R6.00
Deposit
(ATM)
70c
per R100
R7.00
Debit
Order (internal)
R3.40
Debit
Order(external)
R3.40
Account
Fee
R5.00

Now trading as Barclays Africa Group, Absa has the second biggest customer base in South Africa. In 2014, its customer base grew from 8.6 million to 9.2 million.

Standard Bank: 2015 Fee Transaction per R1000
Withdrawal
(Native)
R4.00
+ 1.15% of value
R14.50
Withdrawal
(other)
R21.20 R21.20
Withdrawal
(international)
R33.00
+ 1.4% of value
R46.50
Deposit
(ATM)
R4.00
+ 1.25% of value
R16.00
Debit
Order (internal)
R4.00
Debit
Order(external)
R12.50
Account
Fee
R95.00

With a history spanning over 150 years in the South African market, standard Bank continues to expand. The bank currently has the biggest customer base in the country.

Nedbank 2015 Fee Transaction per R1000
Withdrawal
(Native)
R3.50
plus R1.28 per R100
R16.00
Withdrawal
(other)
R10.00
plus R1.28 per R100
R22.56
Withdrawal
(international)
R35.00
plus R1.28 per R100
R36.28
Deposit
(ATM)
R6.00
plus R1.28 per R100
R17.50
Debit
Order (internal)
R6.00
Debit
Order(external)
R14.00
Account
Fee
R30.00

Nedbank currently provides services to 7.1 million customers in South Africa.

FNB 2015 Fee Transaction per R1000
Withdrawal
(Native)
R3.95
+ R1.30 per R100
R16.95
Withdrawal
(other)
Free R23.45
Withdrawal
(international)
R35.00
plus R1.28 per R100
R36.28
Deposit
(ATM)
R0.70
per R100
R70.00
Debit
Order (internal)
R3.70
Debit
Order(external)
R16.00
Account
Fee
R90.00

FNB has increased some of its cash transaction fees as a way of encouraging customers to rely more on digital platforms.

Capitec 2015 Fee Transaction per R1000
Withdrawal
(Native)
R5.00 R5.00
Withdrawal
(other)
R8.00 R8.00
Withdrawal
(international)
R6.00 R6.00
Deposit
(ATM)
70c
per R100
R7.00
Debit
Order (internal)
R3.20
Debit
Order(external)
R3.40
Account
Fee
R5.00

Founded in 2001, Capitec has grown over the years. It now provides services to 6.2 million customers nationwide.

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