Transaction Fees

Our transaction fees explained 

As a customer-owned bank, we are committed to helping you manage your funds easily and at low cost.

Our transactions have been grouped into three categories:

• Unlimited Free Transactions - can be used as often as you like without incurring fees.
• Limited Free Transactions - Can be used in line with your monthly quote.
• When you have exceeded your limited free transactions, each transaction thereafter is charged the applicable fee.
• Pay Per Use Transactions - are charged on a pay per use basis.

By using as many ‘Unlimited Free Transactions’ as possible and your allocation of ‘Limited Free Transactions’ you can minimise the fees you pay and transact fee-free. ‘Pay Per Use Transactions’ should be avoided where possible.

Our different transaction groups, transaction allowances and the associated transaction fees are outlined below

Important Information