|Monthly admin fee||R69.00||The monthly admin fee is a monthly bank fee that is charged for the administration of an account in terms of the National Credit Act.|
|Compulsory initiation fee
|R1207.50||The initiation fee is a compulsory once off bank fee that is charged when opening a new account in terms of the National Credit Act. The initiation fee can be financed as part of the loan (this is generally the case), or paid separately.|
Cash deposit fee:
It is charged for any cash deposit into your asset finance account at a Nedbank branch.
ATM = R1.20 per R100-00 or part thereof.
Branch = R75.00 plus R2.00 per R100.00 or part thereof.
Note: Prices include VAT