| Electronic Transactions include: |
| ATM withdrawal |
| EFTPOS purchases using "savings" options |
| Cash withdrawal at Service Centre |
| Direct Debit |
| Quick Debit |
| Member Cheques and ATM balance enquiry |
| From 1st March 2009, transactions performed at any ATM that is not a rediATM, National Australia Bank ATM or Bank of Queensland that is rediATM branded may incur a direct charge. SGE Credit Union had no input into these charges, the ATM owner determines the direct charge amount. |
| EXCESS ELECTRONIC TRANSACTION FEES |
| Should you exceed the monthly transaction
limit, the following fees will apply for
each additional transactions over the set limit: |
| ATM Withdrawal |
$2.00 |
| |
|
| EFTPOS purchases using "savings" option |
$1.00 |
| Direct Debit |
$1.00 |
| Quick Debit |
$1.00 |
| Member Cheques |
$3.00 |
| Cash withdrawal - at Service Centre |
$1.50 |
| ATM balance enquiry |
$1.00 |
| |
| Free Transactions include: |
| Internet Banking |
Free |
| Moneyline enquiries/transfers |
Free |
| BPAY transactions |
Free |
| Visa Credit purchases |
Free |
| Bank@Post deposits (cheques deposited through
Bank@Post have a 10 day clearance period) |
Free |
| NAB Deposits (Using NAB Deposit book) |
Free |
| Direct Debit for Union Fees from S14* |
Free |
| *SGE Affinity Partners - HSU, PSA, CPSU, ANF and IEU. |
| OTHER FEES (applicable to all members) |
| Manual transfers by SGE staff on member's instructions
or to cover regular payments |
$5.00 |
| Coin to note exchange |
10% charge per $10.00 bag of coin |
| Cheque Withdrawal - counter cheque |
$5.00 |
| Bank@Post withdrawals |
$3.00 |
| ATM insufficient funds |
$1.00 |
| Regular payment by cheque |
$5.00 per transaction |
| |
| Periodical Payments |
| Where credit union manually sets up or alters a periodical payment |
$10.00 |
| Where a periodical payment is rejected |
$10.00 |
| Recall of funds fee |
$55.00 |
| BPAY trace fee |
$25.00 |
| BPAY enquiry fee |
$15.00 |
| Direct Entry trace fee |
$25.00 |
| (Periodical payments are rejected after five attempts are made to make the payment) |
| CHEQUE FACILITY FEES (applicable to all members) |
| Member chequing |
| Cheque trace fee |
$25.00 |
| Member Request Copy Of Cheque |
$10.00 |
| Member cheque book |
$20.00 |
| Deposit Book |
$15.00 |
| Stop payment cheque fee if presented |
$40.00 |
| Special answer fee on cheque deposit |
$20.00 |
Cheque presentation fee
(when presentation will overdraw account) |
$10.00 |
| Counter Cheques |
| Counter cheque withdrawal |
$5.00 |
| Stop payment on counter cheque |
$20.00 |
| REDICARD* OR VISA DEBIT CARD FEES (applicable to all members) |
| Issue of first card |
FREE |
| Issue of renewal card |
FREE |
Issue of replacement card in Australia
(if lost or damaged) |
$10.00 |
| Cash advanced overseas (ATM or bank) |
$5.00 |
| Copy of VISA merchant voucher |
$30.00 |
Visa Card Currency Conversion Fee:
2.85% of international transaction amount.
Emergency card replacement fees which are charged by VISA to SGE are passed on the the members at cost. |
| SALARY PACKAGING SERVICES |
| Monthly salary packaging service fee |
$2.00 |
| Monthly electronic transaction service fee* |
$5.00 |
| * Fee only applies where member holds multiple cards on membership |
| VISA CREDIT CARD FEES(applicable to all members) |
| Cash advance |
$5.00 |
| Overdrawn fee |
$20.00 |
| Annual Fee |
| Solutions |
$50.00 |
| Solutions Gold |
$100.00 |
| VISA Currency conversion fee |
2.85% of international transaction amount. |
| Late payment fee |
$25.00 |
| DISHONOUR FEES (applicable to all members) |
| Direct Debits |
| Direct Debits dishonour fee |
$20.00 |
| Direct Debits honour fee when debits will overdraw account |
$10.00 |
| |
|
| Quick Debits |
| Quick Debits dishonour fee |
$20.00 |
| Member Chequing |
| Dishonour fee |
$35.00 |
| CURRENCY FEES (applicable to all members) |
| Bank Cheque/Telegraphic Transfer |
| Bank cheque within Australia |
| If Credit Union obtains cheque |
$15.00 |
| If member obtains bank cheque |
$10.00 |
| Telegraphic Transfer |
$35.00 |
| Swift payment |
$30.00 |
| Incoming Swift fee |
$10.00 |
| Bank draft |
$10.50 |
| American Express travellers cheques - 1.1% on purchase or a minimum of $13.20 |
| Foreign cash 1.0% purchase or minimum of $8.00 |
Fees may be applied by foreign banks processing transactions on behalf of American Express. These charges will be deducted from the amounts being transferred. |
GENERAL FEES (applicable to all members) |
Account Overdrawn Fees - If your account becomes overdrawn without arrangement, debit interest will be charged to that account. It will be calculated daily on the debit balance using the current Overdraft Rate until the account balance is positive again. |
. |
|
Default Interest - Overdraft Limit Exceeded
Interest that is charged on the exceeded overdraft limit at a default rate of interest. Default interest is the standard annual continuing credit percentage rate plus a margin of 2%p.a. |
Default Interest - Overdrawn Savings
Interest that is charged on the overdrawn savings amount at a default rate of interest. Default interest is the standard annual continuing credit percentage rate plus a margin of 2%p.a. |
Default Interest - Personal Loans
Interest that is charged when a payment is not made by the due date. Default interest is the standard annual personal loans percentage rate plus a margin of 2%p.a. |
Dormancy fee (pa) when account has been transferred to dormancy (members are always notified prior to transfer) |
$20.00 |
Document/Statement retrieval fee |
$35.00 per hour
(min $15.00) |
Document retrieval fee-held on Credit Union premises |
$20.00 (per item) |
Document retrieval fee-held in archives |
$30.00 (per item) |
Copies of Statements |
$2.00 (per page) |
| Audit/Account Information Request Fee |
$25.00 |
Agency withdrawal fee |
$10.00 |
| Large Cash Withdrawal |
Large Cash withdrawals ($3,000)
(plus $3.00 per thousand or part thereof thereafter) |
$20.00 |
| Government Charge |
Any State or
Federal Government charges that may apply will
also be debited to your account. |
