HSU Members Credit Union

The fees and charges listed below are current as
at 1 April 2007. Any changes to these fees and charges will be communicated to you in a timely manner as detailed in our Terms and Conditions.

Transaction Fees

Applying to specific accounts as at 1/4/2007

Effective 1 November 2004 any member who has a mortgage with SGE is exempt from the transaction limits as detailed below.

Free transactions relating to specific accounts per month

Account Type	Free Transaction Limit
S1, S12	8 free transactions per month
S2, S10/S55	2 free transactions per month

TRANSACTION FEES (applicable when free limit is exceeded)

ATM Withdrawal	$2.00
Cash Withdrawal - at branch	$3.00
EFTPOS withdrawal	$1.00
Direct Debit	$1.00
Quick Debit	$1.00
Regular Payment by cheque	$2.00
Member Cheques	$2.00
Bank@Post deposits (cheques deposited through Bank@Post have a 10 day clearance period.)	$2.00

OTHER FEES (applicable to all members)

Manual transfers by SGE staff	$3.00
Cheque withdrawal - SGE cheque	$5.00
Bank@Post withdrawals	$2.00
ATM PIN entry exceeded	$1.00
ATM Balance enquiry	$1.00
ATM insufficent funds	$1.00
Nab Deposits (using NAB Deposit Book)	$2.00
PIN change fee (excludes $2.00 1st change per year)	$2.00
Periodical Payment When credit union manually sets up or alters a periodical payment	$10.00
Where a periodical payment is rejected	$10.00
(Periodical payments are rejected after five attempts are made to make the payment)

CHEQUE FACILITY FEES (applicable to all members)

Member cheque book	$15.00
Deposit book	$15.00
Stop payment cheque fee if presented	$40.00
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 (if lost or damaged)	$10.00
Cash advanced overseas (ATM or bank)	$5.00
Cash advanced Australia (at other institutions)	$5.00
Visa Debit Card service fee per month	$2.00*
Visa Card Currency Conversion Fee: 2% of international transaction amount.
Emergency card replacement fees which are charged by VISA to SGE are passed on the the members at cost.
*If a Savings Account balance maintained at $2,000 credit or more, no fee is charged for the month.

Recall of funds fees	$55.00
BPay trace fees	$25.00
Direct Entry trace fee	$25.00

VISA CARD FEES (applicable to all members)

Cash advance	$5.00
Overdrawn	$20.00
Annual Fee
Solutions	$50.00
Solutions Gold	$100.00
Currency Conversion Fee	2.85%
Late Payment Fees	$25.00

DISHONOUR FEES (applicable to all members)

Member Chequing
Dishonour fee	$40.00
Inward cheque deposit dishonour fee	$25.00
Direct Debits
Direct Debits dishonour fee	$25.00
Direct Debits honour fee when debits will overdraw account	$10.00
Stop Direct Debits fees	$25.00
Quick Debits
Quick Debits dishonour fee	$25.00

CURRENCY FEES (applicable to all members)

Bank Cheque/Telegraphic Transfer
Bank cheque within Australia
If Credit Union obtains cheque	$30.00
If member obtains cheque	$15.00
Telegraphic transfer	$35.00
Swift payment	$30.00
Incoming Swfit payment fee	$10.00
Bank draft	$10.50
Copy of VISA Voucher or cheque	$30.00
American Express travellers cheques - 1% on purchase or a minimum of $10.00
Foreign cash 1.1% purchase or minimum per currency (commission retained by American Express)	$3.30

GENERAL FEES (applicable to all members)

Transfer fee - where insufficient funds for regular payments, insurance and other payment fee - Credit Union makes transfer (cheque honour fee)	$10.00
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 curent Overdraft Rate until the account balance is positive again.	13.5%
Where funds are withdrawn from an investment account prior to maturity, a reduced rate on interest applies.	1%
Special answer on cheque deposit	$30.00

Dormancy fee (pa) when account has been transferred to dormancy (members are always notified prior to transfer)	$20.00
Document/Statment retrieval fee	$35 per hour (min $15)
Document retrieval fee-held on credit union premises	$20.00 (per item)
Document retrieval fee-held in archives	$30.00 (per item)
Document/Statment retrieval fee	$35 per hour (min $15)
Statement retrieval fee	$2.00 (per item)
Agency withdrawal fee	$10.00)
Large Cash Withdrawal
Large cash withdrawal ($3,000) (plus $3.00 per thousand or part thereof thereafter)	$20.00
Any State or Federal Government charges that may apply will also be debited to your account.

You can download a copy of our Fees & Charges schedule by clicking here.