HomeBusiness

Standard Chartered Announces New Service Fees

4 years agoSat, 15 Feb 2020 07:21:29 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Standard Chartered Announces New Service Fees

Standard Chartered Bank has announced that it will be reviewing up its service fees on the 15th of March 2020. This will see customers having to pay a monthly maintenance fee of $70 up from $65/month whilst the Mini/interim-statement will be increased to ZWL9.00 per request.

We present the detailed changes below.

Current Charge New Charge
TRANSACTION DESCRIPTION PERSONAL BANKING PERSONAL BANKING
Maintenance Fee ZWL65 flat monthly ZWL70 flat monthly
Service Fee ZWL1.99 per transaction ZWL2.50 per transaction
VISA Gold Card  (Annual fee) Recovered monthly at ZWL0.83 per month Recovered monthly at ZWL6.25 per month
Inter Account Transfer ZWL1 per transaction ZWL20 per transaction
Mini/Interim-statement ZWL0.50 per request ZWL9.00 per request
Mortgage Fee: Application Fee ZWL100 ZWL1,800
ATM Withdrawal (VISA) ZWL2 plus 1.75% max ZWL37 ZWL40 plus 1.75% max ZWL650
Outward TT (Telegraphic Transfer) 2.5% min ZWL30 max ZWL160 at interbank 2.5% min ZWL550 max ZWL3,000
Inward TT ZWL2 per entry ZWL50 per entry
Reference Letter to foreign banks ZWL10 ZWL180
Local POS Balance Enquiry (Zimswitch) ZWL0.80 ZWL1.44

Mobile banking charges are also set to go up

Transaction Description Current Charge New Charge
Balance Enquiry 0.8 1.5
Mini Statement 1 1.8
Statement Request 1 1.8
ZIPIT Send 20 55
ZIPIT Recall at customer’s Instigation 20 50

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback