A clear commitment to you - Standard Chartered Bank ... clear commitment to you In order to make the...
Transcript of A clear commitment to you - Standard Chartered Bank ... clear commitment to you In order to make the...
Account Closure No charge
Diva Savings Account
Interest 3.6%
Opening Balance NGN25,000My Dream Account
Non ATM Usage (in-branch cash withdrawal) fee
On Own account(Amount below NGN100,000) NGN200
Withdrawals Withdrawals above once rin a month would lead to forfeiture of interest.
Interest 3.6%
Interest 4%
Cash Withdrawal
(Current) 0.5%
Account to Account Transfer 0.5%
within SCB (3rd Party)
Account Closure No charge
Cheque BookUSD
Personal USD18Corporate/SME USD22
GBPPersonal GBP12Corporate/SME GBP16
Corporate (SME) NGN250,000Interest in line with Market Conditions
Gold Crest Account (SME)
NGN500,000
Non ATM usage (in-branch cash withdrawal) fee
On own account (amounts below NGN100,000) NGN200
A clear commitmentto youIn order to make the bestdecisions about your finances,you need to be informed.Always. That’s why we arecommitted to being open andtransparent about what wecharge. This leaflet contains aclear and itemized list of all ourrates and charges.
Current accounts Current Accounts Continued
Savings Accounts
Foreign Currency Account
Foreign Currency Account Continued
Employee Banking (For Salary Earners)
Chequebook
Personal
NGN1,500Add stamp duty; NGN50 plus VAT 5%
Corporate/SME NGN2,500Add stamp duty; NGN50plus VAT 5%
Commission on NGN3Turnover (COT) per mille
Standing Order NGN300/USD2/GBP2/EUR2
Counter Cheque NGN200 flat
Statement Print NGN50 per page
Stopped Cheque Charge N500/USD3/GBP3/EUR3GBP3/EUR3
Returned Cheque Charge 0.5% of amount subject to a maximum of N5,000
Account Closure No Charge
Cashier’s Order Current Account: N300
Cashier’s Order Savings Account: N500
EURPersonal EUR15Corporate/SME EUR18
Relationship Balance on all accounts
Preferred Customer $10,000.00 (or equivalent in NGN, GBP, EUR)Minimum balance of N250,000on naira accountA NGN3,000 flat fee will be charged each month the minimum balance falls below N250,000 Zero COT
Priority Customer $50,000.00 (or equivalent in NGN, GBP, EUR).
Commission on Turnover (COT)
Priority Accounts Zero COTPreferred Accounts Zero COT
A NGN3,000 flat fee will be charged each month the minimum balance falls below N250,000.
BTA/PTAPreferred & Priority customers
CommissionFree
Easy banking bundleTravel Insurancepremium 10% discount
Naira debit cardissuance fee 50% discountForeign Currency
Debit card fee 25% discount
Spend Easy bundle
Current Account Zero COT
Credit card for
approved applications No Joining fee
Naira debit card
issuance fee 50% discount
Personal Zero COTDiscount on loan productsFree Naira Visa Debit cardFree SMS alert50% discount on FCY VISA Debit Card
Foreign Currency USD8/GPB5/EUR6 plus 0.5% commission.
Bonds/Guarantees
Bid bonds/Tender bonds 1% per quarterPerformance bonds 2% per half yearAdvance payment bonds 2% per half yearBonds of customs and excise 2% per half year
Other Services Continued
All other bonds and guarantees 2% per half year
Mininum charge of NGN5,000applies to all
LC Commission- Import
Processing & registrationof Form NGN5,000
Amendment NGN5,000
Swift Charge NGN4,000
Revalidation NGN5,000
Extensions NGN5,000
Establishment of commission for credits up to 180 days 1%
Plus communication charges
Establishment of commissionfor credits up to 270 days 1.25%
Plus communication charges
Establishment of commission for credits up to 360 days 1.50%
Plus communication charges
Amendment N2,000
Handling commission 0.50%Min NGN5000
LC Commission- ExportProcessing and registrationof NXP form NGN5,000
Advising CommissionWhere a Nigerian Bank simply verifies authenticity of credit and delivers same NGN2,000
Where a Nigerian Bank has to re-write the credit 0.50%
Min equivalent of USD25
Transfering commission 0.50%Min equivalent of USD25
Confirming 1%Minimum NGN1,500
Negotiation 1%
Bills for Collection (Inward)
Documentary Bill 2%
Min NGN1000
Holding Charge:Bills under NGN 25,000 NGN500 per month
Product Bundles
Other Services
Savings Accounts Continued Premium Banking
eSaver
1-499,999.99500,000-1,999,999.99
3.6%4.25
2,000,000-4,999,999.99Over 5,000,000
5.75%7%
Bills above NGN25,000 NGN1,000 per month
Extension NGN1,000 per bill
Bills for collection negotiation 0.5% flat
Protest charge plus 2% of bill amountNotary public fees Minimum NGN2,000
Bills for Collection (Inward)
Documentary Bills 2%
Prime Lending RatesSME or Personal Market driven
( Linked to regulatory policy)
Other Loan Charges
Credit life insurance 0.5% per annumManagement fee 1% flat one-off chargeBill payment N100 per transaction
Delayed payment chargeon missed repayment 1%
Prematureliquidation fee 5%
MortgageManagement fee 1% flat
Commitment fee on PIL 1% flat
Premature liquidation Up to 3% of the original loanfee amount.
For loans that run less than5 years, a 3% fee will beapplicable for full liquidation
RTGS N700 flat
Preferred
Priority Zero COT, discount onDiscount on loan productsFree Naira Visa Debit cardFree SMS alert50% discount on FCY VISA Debit CardPriority Pass
Zero COTDiscount on loan productsFree Naira Visa Debit cardFree SMS alert50% discount on FCY VISA Debit CardPriority Pass
A NGN1,000 charge is applied for in-branch withdrawals
Branch directory Branch directory
or visit standardchartered.com/ngCall (01) 270 4611- 4
HEAD OFFICE142 Ahmadu Bello WayVictoria Island, Lagos,Tel: +234-(0)1-270 0025, 270 4600
BRANCHESLagos1.Ahmadu Bello 142 Ahmadu Bello Way,
Victoria Island LagosTel: +234-(0)1-271 9316 – 8
2. Ajose 105B Ajose Adeogun Street P.M.B. 80038, Victoria Island, Lagos, Tel: +234-(0)1- 270 0025, 270 213
3.Aromire 30, Aromire Street, Ikeja, Lagos
Tel: +234 (1) 461 6596
4.Warehouse Road, Apapa 40, Warehouse Road, Apapa, Lagos Tel: +234(1) 270 4751, 270 4753
5.ThePalms Shopping Mall 1, BIS Way Lagos - Epe Expressway Lekki, Lagos Tel: +234 (1) 270 7150, 270 7152, 270 2145
6.CityMall Shop G2 & G3 City Mall Onikan Lagos
Tel: 1-5404850 01-8435869
7.Lekki Phase 1 Block 94,Plot 24, Lekki Scheme Phase 1
Tel: +234(01)207 4653-4
8.Ikoyi 184 Awolowo Road, Ikoyi, Lagos
Tel: +234(1) 271 6642, 270 6644
9. Broadstreet 138 Broad Street, Lagos,
Tel: +234(1) 461 4149
re
20. Opebi 35 Opebi Road Ikeja
Tel: +234(1) 2770850-1: 8425804
21. GRAIkeja Isaac John Street Ikeja GRA
Tel: +234(1)27705850-1: 8425804
22.Ibadan 102 Moshood Abiola Way, Ring Road, Ibadan, Oyo State
Tel: +234(2) 200 5495-6
23.Ota Km 3, Idi-Iroko Road, Ojuore, Ota Ogun State
Tel: +234(39) 600 077-9
ABUJA & NORTH24. Wuse II Plot 374, Adetokunbo Ademola Crescent, Wuse II, FCT, Abuja
Tel: +234(9) 461 2665
25.Asokoro 84, Kwame Nkrumah Crescent, Asokoro Abuja.
Tel: +234-270 4611-4
26. NUJ Premises Plot 4, Cadastral Zone B05, JbiUtako District , FCT, Abuja
Tel: +234(09) 870 5070-4;
27. Silverbird Silverbird Galleria, Plot 1161, Memorial Drive, Central Business District
Tel: +234(09) 870 0368-70
28.GarkiTswanya Centre,
Plot 1517 Muhammadu, Buhari Way, Garki, Abuja
Tel: +234(09) 875 5059
29.Maitama Zamani Complex 1 Zambezi Creescent, Aguyi Ironsi, Abuja
Tel: +234(09) 8766836, +234 (9) 8766840-1
871072-3
30.Kano 8C Murtala Mohammed Way, Kano State
Tel: +234(64) 890 635, 200 456
31.Kaduna Plot 1 & 2C Kachia Road, Kaduna, Kaduna State
Tel: +234 (062) 870 134
Port Harcourt & East 32.Trans Amadi Plot 7, Trans Amadi Industrial Layout Port Harcourt
Tel: +234(84) 463 607-9
33.AbaRoad 143 Port Harcourt – Aba Express Road, Port Harcourt
Tel: +234 (84) 464 321-6
34. Onne Free Trade Zone, Intels Camp, Onne Port Harcourt
Tel +234(84) 464 321-6
35.Aba 20 Aba – Owerri Road, Aba, Abia State
Tel: +234 (82) 228 600, 288 565,
36. Onitsha No. 49 New Market Road, Onitsha, Anambra State
Tel: +234(046) 830215; 871073
re
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FeesOverdraft
Commitment fees 1%Cheque bounce protectionoffered at discretion of the bank. Fee of up to 1% on advanced sum.
Other fees Negotiable
Reference Letters NGN2,500/USD15/EUR15
Cheque Confirmation NGN2,000
Foreign statement Equivalent of N50/page
Salary Processing Negotiableper employee
PTA/BTACommission 1%
Discounted if bought with Travel Insurance. Waived for Excel/Priority clients and Cash Passport
Telegraphic TransfersInward Free
Offshore bank chargesmay apply
Outward(foreign) International Trade Account (FCY a/cs)• TT: To SCB a/cs– 0%• Other TT - 0.5% Plus $8,GBP5 or EUR6 telex• Cash withdrawal: 0.5%flat per transaction• Other charges applicableto current accounts or trade transactionsOther Current & SavingsAccounts (FCY)• TT - 0.5% Subject to a
Amendment to USD30/GBP20/EUR30Instruction Where error is at customer’s
instance.
Temporary OverdraftsDefault rate Market driven (linked to
regulatory policy)Minimum flat fee of NGN5,000
Processing fee Up to 1% flat
Cash Transfers/Cash in TransitCash Transfer Credited to NGN1,500/USD10/GBP6/other Branch’s Suspense EUR10 flata/c for payment acrosscounter - Up Country
Cash Transfer Credited to NGN1,000/USD5/GBP3/EUR5other Branch’s Suspense a/c for payment acrosscounter- Same City
Foreign Currency ChequesSent on collection 1%
Minimum USD10/GBP10/EUR10;Courier USD18GBP13/EUR15 VAT on both Professional Fees.
Corporate search Corporate Affairs Commission(CAC) NGN4,500
Certified true copy of form CAC 2 NGN5,000
Certified true copy of form CAC 7 NGN5,000
Certified true copy of MOA NGN10,000
Foreign Statement Print Equivalent of NGN50/Page
Certified true copy of Certificate of Incorporation NGN10,000
Cards
Naira Debit CardIssuance fee NGN1,000.
Card Insurance premium NGN1,000Covers cash robbery risk,
Issuance with Debit NGN 1,000card insurance
Card usage Free on Standard Charteredand other banks ATMs in Nigeria
International card usage
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
Issuance fees NGN1,000
Additional card NGN1,000Limit change
Annual fees on FCY cards N3,000 or FCY equivalent
Annual fees on FCY cards N3,000 or FCY equivalent
Annual fees on FCY cards N3,000 or FCY equivalent
International card usage
Annual Fee (Primary Card) NGN6,000 NGN10,000
Monthly Administration Fee NGN250 NGN250Monthly Interest Rate 2.50% 2.35%
Annual Fee (Supplimentary Card)
NGN2,500 NGN3,500
Visa Gold Debit Ca
Credit Cards
Fees Gold Platinum
rd ChargesIssuance fees NGN1,000
Additional card NGN1,000
Limit change NGN1,000
International card usage
Platinum Card Charges
Limit Change
Emergency replacementof card in a foreign country USD250
Issuance NGN1,000
Additional card NGN1,000
International card usage
Visa Business Card Charges
Issuance fees NGN1,000
Annual fees on FCY cards N3,000 or FCY equivalent
Annual fees on FCY cards N3,000 or FCY equivalent
Additional card NGN1,000
Limit change
International card usage
Other fees and charges
SMS Alerts NGN4 per alert
Term DepositPre-mature liquidation within 15 days: Forfeiture of all accrued interest due
N0-N499, 999.99
NEFT Charge
N500, 000-N10, 000,000
N10,000,000
N70
N100
N500
Interbank Transfer(Online Banking) N100 flat
June 2013
Pre-mature liquidation after 15 days but before maturity: 20% on interest accrued
0It’s good to be able
to make informeddecisions
12products tochoose from
2decisionsto make
suprises
10.Point Road, Apapa Polysonic Plaza, 1B Point Road, Apapa, Lagos
Tel: +234 1 2809731
11.Agidingbi Plot 42 Acme Road/34 Lateef Jakande Street, Agidingbi
Tel: +234 (1) 270 4611-4
12.AdetokunboAdemola 72A Ademola Adetokunbo Branch, opposite Ocean View,
Victoria IslandTel: +234 (1) 277 8256-9
13.Festac 20. Plot 6/7 First Avenue, Festac Town
Tel: +234 (1) 270 4611-4
14. New Leisure Mall Adeniran Ogunsanya Road, Surulere Lagos
Tel: +234(1) 271 1539, 271 8134
15.Ikota Road 5, K23 Ikota Shopping Complex, beside VGC, Lagos
Tel: +234(1) 461 3697-8, 461 3690-2
16.Sanusi Plot 1681 Sanusi Fafunwa Street,
Victoria Island LagosTel: +234(1) 280 072(0-4), 280 0722
17. Shell (Implant) Freeman House, 21/22 MARINA LAGOS
Tel- 01-2771514 EXT - 4090,4091
18.Ilupeju 56 Town Planning Way, Ilupeju, Lagos
Tel: +234(1) 280 6540 – 4
19. Isolo Afprint Complex, Plot 122/132 Apapa-Oshodi Expressway, Lagos
Tel: +234(1) 2800725-9
`
NGN1,000
NGN1,000
NGN1,000
POS: 4%
Visa Electron Debit Card Charges
Infinite Card (By Invitation only)
Issuance fees NGN1,000
Additional card NGN1,000
Cash Advance Fee NGN240 flat NGN240 flat
Credit Life Insurance 0.09%/monthof outstanding balance
0.09%/monthof outstanding balance
Card Replacement Fee NGN2,500 NGN2,500
Exceeding the set credit limit Fee NGN3,000 NGN3,000
Late Payment Fee NGN2,000 NGN2,000
InternationalTransaction charge
Please note that all these charges are subject to change by the bank.
4% 4%
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
POS: 4%
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
POS: 4%
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
POS: 4%
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
POS: 4%
International card usage
ATM: 4% plus USD1.5/GBP1
EUR1.2 per ATM withdrawal
POS: 4%
Limit change NGN1,000
min of $10 or equivalent