Charges
Transaction charges
The table below shows the savings you will make until 2004
with our free banking offer, compared to our standard business tariff.
| Item
|
‘2004 offer’* transaction charge |
Standard transaction charge |
Debit
Transactions
Cashline withdrawals
Cheques, standing orders, direct debits and other debits |
free
free |
20p
20p |
Direct
Banking
Account transfers (between your Business Banking Direct accounts)
Third party payments including bill payments |
free
free |
free
20p |
Digital
Banking
Account transfers (between your Business Banking Direct Accounts)
Third party payments including bill payments |
free
free |
free
free |
Credit
transactions
Credits i.e. Bank Giro Credits and pay ins
Automated credits e.g. credits through BACS
Cheques lodged |
free
free
free |
20p
20p
20p per cheque |
Cash
processing – Post Cash
In addition to the cash processing charge noted below, you will pay transit charges to
the Royal Mail of £4.50 per envelope. |
|
|
Cash
paid in
Note: As paying in and withdrawing cash via branches is outwith the scope of the Business
Banking Direct Current Account, such transactions will be charged at 200p per £100. |
25p per
£100 |
25p per
£100 |
Minimum
monthly fee
Where the total charge accrued at the end of any service charge period is less than
£5, a minimum fee of £5 will be applied. |
free |
£5 |
Charges for additional services
Business Banking Direct will charge for additional services
provided to you whether these relate directly to your account or not. The current charges
for the most common additional services are detailed below.
| Additional
services |
Charge |
| Certificate
of balance |
free |
| Certificate
of interest |
free |
| Duplicate
statements |
£5 per
page |
| Special
presentations |
£15 |
| Audit
letters – extracting and supplying information to your external auditors |
£25 +
VAT |
| Returns
inward i.e. cheques returned unpaid by drawer’s bank |
£4 |
| Recall
of automated credit – due to an oversight on your part |
£5 |
| Stopping
a cheque – lost or stolen cheques are not subject to this charge |
£10 |
| Items
referred prior to payment |
£25 per
referral
(maximum £100 per month) |
| Cheques,
standing orders, direct debits and other debits returned unpaid |
£30 per
item |
| These charges will normally be debited to your account when the service is
provided or is otherwise agreed. We do not charge for issuing a letter to advise you of an
unauthorised overdraft. Any charges incurred by
another bank on your behalf and claimed from us by that bank will be charged to you at the
reciprocal Agency rate agreed between the two banks.
For details of other services not included here, please
contact Business Banking Direct. There may be a charge for time spent in providing
non-standard banking services and in administering your account(s). Where applicable
the fee for this will be advised to you prior to payment. |
Charging Summary
Transaction charges and charges for additional
services are reviewed from time to time. If any changes are made, a revised tariff or
other specific notification will be sent to you at least one month prior to the date of
implementation. Charges correct as at 07.01.02.
* This offer cannot be used in conjunction with any other
offer.
|