Corporate Banking - Stanbic Bank

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Stanbic Corporate Banking is your business financial partner in every new step on your business journey to success. Because of the value we place on our relationship with you and our appreciation of your banking needs, we are willing to partner with you to develop solutions that meet your requirements and add value to your operations whiles allowing you to focus on your core business. Our Transactional account gives you access to a wide range of banking services and value added features. This pricing guide will enable you to best understand the services provided as well as the cost associated with those services. All these fees apply from 1st March 2020. BENEFITS OF A CORPORATE BANKING ACCOUNT YOUR TRANSACTIONS, MORE SECURED. MANAGING YOUR BANK FEES Electronic transactions include purchases, debit orders, electronic account payments and electronic inter-account transfers. Emailed monthly statements. SMS notifications with the My Updates service to keep track of every transaction on your account. Access to Internet, Telephone and Cellphone Banking and our Mobile Banking App for tablets and smartphones. Stanbic AutoBank cash deposits. Unlimited Free Corporate Banking Pricing 2020 You can save on banking cost by making use of our cost effective electronic banking services (done via BOL). Using an electronic service is also less risky than handling and transporting cash. These services are available 24 hours a day, seven days a week. They are designed to assist you in managing your finances by giving you access to information and transactions at times most convenient for you. Effective September, 2020

Transcript of Corporate Banking - Stanbic Bank

Page 1: Corporate Banking - Stanbic Bank

Stanbic Corporate Banking is your business financial partner in every new step on your business journey to success. Because of the value we place on our relationship with you and our appreciation of your banking needs, we are willing to partner with you to develop solutions that meet your requirements and add value to your operations whiles allowing you to focus on your core business.

Our Transactional account gives you access to a wide range of banking services and value added features. This pricing guide will enable you to best understand the services provided as well as the cost associated with those services. All these fees apply from 1st March 2020.

BENEFITS OF A CORPORATE BANKING ACCOUNT

YOUR TRANSACTIONS, MORE SECURED.

MANAGING YOUR BANK FEES

Electronic transactions include purchases, debit orders, electronic account payments and electronic inter-account transfers.

Emailed monthly statements.

SMS notifications with the My Updates service to keep track of every transaction on your account.

Access to Internet, Telephone and Cellphone Banking and our Mobile Banking App for tablets and smartphones.

Stanbic AutoBank cash deposits.

Unlimited

Free

CorporateBanking

Pricing 2020

You can save on banking cost by making use of our cost effective electronic banking services (done via BOL). Using an electronic service is also less risky than handling and transporting cash.

These services are available 24 hours a day, seven days a week. They are designed to assist you in managing your finances by giving you access to information and transactions at times most convenient for you.

Effective September, 2020

Page 2: Corporate Banking - Stanbic Bank

Minimum Opening Amount

Minimum Operating Balance

Transaction per month

GH¢200

N/A

Unlimited

Cheque book (100 pages)

Returned cheques in-house (post-dated)

Counter cheques

Returned cheques (no funds)

Returned cheques in-house(other reasons)

Special Clearing

Stop Cheque/Payment

Cheque /voucher retrieval

GH¢50

Free

GH¢15

N/A

GH¢60

GH¢60

GH¢30

GH¢30

Cash Withdrawal

GH¢15

GH¢25

GH¢150

0.75%-1%

GH¢75

Cash WithdrawalProcessing Fee

Arrangement/Facility fee

0.5%

2%

Current Account

Cheques

To Stanbic Customer

Non Stanbic Customers

Others

Certification of Balance to Auditors

Guarantees/Bonds per quarter

Ghana Investment Promotion Centre (GIPC) confirmation

Loan/Overdraft/Letter of Credit/Bank Guarantees

Free

Free

GH¢5

GH¢5

Regular monthly statement

E-statement

Statement For Visa Purposes (per page)

Adhoc request per page

Statement

Free

Free

GH¢5

Free

Setup

Internal (monthly)

To Other Banks (monthly)

Default-no funds

GH¢5, max GH¢150

Free

Free

GH¢100

GH¢30

Transfers to other banks - ACH

Receipts from other banks - ACH

Salary processing into Stanbic account

Salary processing (bulk)

Swift-Local

Transfers

Standing order

Bank Cheques/ Bank Drafts

We have a host of wealth management products and services through which you can manage and grow your wealth. Our financial planners will take the time to get to know you, your family and your business requirements and create a financial plan unique to your needs. Contact your Business Banker or call us on 0303409210.

40Days

Financialplanning

Transaction Type

Fees

Page 3: Corporate Banking - Stanbic Bank

Cheques

Cheque Book Request

Stop Cheque

Cards

Stop Card

Transfers & Payments

Inter account transfers

Transfers to other banks-ACH

Transfers to other banks-RTGS

Transfers to other banks-GIP

Transfer to Mobile Money Wallets

Bill Payments

Salary processing to other banks

Bulk Payments

Instant Cash

nBOL (Online Banking)/monthly

POS (Merchant Service Commission)**

Account Services

Balance Enquiry

Demand Draft

Free

Free

Free

Free

Free

Free

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Free

N/A

Free

Free

Free

Free

GH¢ 2.50

GH¢ 30

N/A

1%

Free

Free

GH¢ 1

Min 2% - 4%

Free

Free

Physical DigitalTransaction Type

DIGITAL CHANNELS

NB

DataBuy your 4G surfline and Busy Data on any of our digital channels.

Account to wallet (*170#)Transfer money IN and OUT via Mobile Money linkage.Transfer from your account to wallet and wallet to account.

TV SubscriptionPay your DSTV, GOTV and DSTV Box O�ce subscriptions with any of our digital channels.

UtilityPay your post-paid Electricity bills, Water bills and SSNIT contribution via our digital channels.

Mobile Money CashoutGive Mobile Money users the option to withdraw from their wallet using the Token generation method on a Stanbic ATM 24/7

Cardless Cash DepositNow possible for third party and non-card holders to make ATM cash deposits.

VALUE ADDED SERVICE

Instant CashTokenised cash on ATMs to enable customers perform cardless withdrawals. Tokens for withdrawals are generated via USSD(*715#).

Instant PayLocal bank beneficiaries receive instant value on transfers completed on Stanbic Online Channels.

MobyCashOn-premise secure cash pick ups for clients with instant value to accounts.

*000#

AirtimePurchase Airtime for all networks on any of our digital channels.

*

**

Fee per Debit - 0.18%, Min GHs 5, Max GHs 7.5

POS credit sales Turnover

Digital Channels Value-Added Services