Service Charges


Service charges apply when the specific service is used, and in addition to account transaction charges.

Deposit Accounts –Product related fee

Baroda Savings Accounts: (NZD/USD)
Minimum Balance $500
Monthly fee for not maintaining minimum balance First Month – NIl , Subsequent Month NZD $10 p.m
Debit Transaction fee $0.50per debit transaction after 100free debit transaction per quarter
Quarterly account maintenance fee ZERO
Account closure fees (Before/After 12months) NIL
Baroda Super Savings Account:
Minimum balance $1000
Monthly fee for not maintaining minimum balance First Month – NIl , Subsequent Month NZD $10 p.m
Debit Transaction fee $0.50per debit transaction after 150free debit transaction per quarter
Quarterly account maitenance fee ZERO
Account closure before/After 12 months- Fee
Baroda Current Account
Minimum Quarterly average balance
Personal -> Nil
Business/Bank -> $1000
Fee for not maintaining minimum balance
Personal -> Nil
Business/Bank -> $5 per month
Monthly Service Fee
Personal -> $5 per month
Business/Bank -> Nil
Account closure before/After 12 months
Personal -> Nil
Business/Bank -> $100 / $50
Baroda Premium Business Current Account
Minimum quarterly average balance $25000
Fee for not maintaining minimum balance $150
Quarterly service Fee NIL
Other Service Charges
Duplicate or additional statement copies $1.50 per issue
All other documents $1.50 per page
Additional copies of same original $1.00 per page
Certificate of Balance $25.00 flat
ATM – EFTPOS charges
Visa debit card annual fee -NIL- However one off issuance Fee of $10/ per card at the time of issuance
Replacement card
Customers will not be charged for replacing where the magnetic stripe is wiped and card does not work
ATM – EFTPOS used in NZ
BOB ATM (for withdrawal, funds transfer, balance enquiry) No Charge
ATMs of the Bank with agreement to use by our bank’s customer No Charge
Other banks ATMs $1.00 per transaction
ATM – EFTPOS used overseas
Balance enquiry $0.50
EFTPOS purchase $1.00
ATM cash withdrawal $5.00
Currency conversion fee for foreign currency transactions. 2.5% of the NZ$ amount
Visa debit card cash withdrawal fee(when you use visa debit card to withdraw cash over the counter at any other bank or financial institution) $5 per withdrawal
Visa debit card overseas transaction decline fee $1 per declined transaction
Visa debit disputed transaction fee when you dispute a transaction made using your visa debit card $15 per transaction receipt & investigation fee may also apply
Automatic payments (AP) fees per AP
Establishment, amendment and or suspension of AP $5.00 each (this fee is waived if the AP is between BOB NZ accounts).
Deposits
Collection item fee: Cheque clearing charge
Savings Bank
Baroda Super Savings Bank
Premium current – Number of free collection per clearing collection cycle
15c per cheque
No charges
No charges
5
Cheque book issuance Fees
Baroda Business Current Account
Other Accounts
20 cents per cheque minimum NZD 5
$1.50 per cheque leaf after permissible free cheque book
Cash handling fee
(Charged on the total cash amount deposited or withdrawn in any one business day).
Up to $3,000.00 Free
Above $3000.00 and upto 5000.00
Above $ 5000
$1.50 per NZ$1000
$2.00 per NZ$1000
Baroda Business premium current account 25% concession if average balance is
NZ$25000 &50%if average balance is
NZ$50000
Cheques – fees per cheque
Stopped cheques $15.00
Special answers overnight>>>>$15.00
same day>>>>$20.00
by hand>>>>>$25.00
Bank cheques – per Cheque
Issue/Replacement
$5.00
Passbooks
Replacement (damage or loss)
$10.00
Inoperative Account Fee (for accounts with balance less than $150 not used for one year or more. Account balance with $30 or less may be closed) $20.00
Term Investment –Pre maturity withdrawal Fee $ NIl

Insufficient Funds/Dishonour fee:

Cheque, automatic payment and direct debit Inward-$25.00 per transaction
Outward- $10 per transaction
Future dated bill payment and pay anyone transaction via internet banking $10.00 per transaction

International – Outward Payments
Baroda Rapid Funds2India –  remittances to India in personal accounts, irrespective of Bank , free of charges to customers maintaining accounts with us .

Funds Transfer
Issue: Up to $5000 | Over $5000 $10.00
$20.00
Amendment $20.00
Enquiry (beneficiary claiming non receipt of payment) $10.00

Inward Payments – Payments credited to Bank of Baroda account

In NZD or foreign currency $ 5.00
Payments taken in cash or credited to another bank account in NZD $25.00
Payments credited to another bank account in foreign currency $50.00

INLAND RTGS REMITTANCE – $10.00

Website By: FatWeb

© Bank Of Baroda (New Zealand) Limited