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1 These fees will not apply to NAB Gold Banking accounts, NAB FlexiPlus Mortgage accounts or NAB Portfolio Facility subaccounts. 2 For transactions accessing linked transaction or savings accounts.
Periodical paymentsPeriodical payments between specified accounts are exempt under NAB Choice Package1, NAB Tailored Home Loan Package2, Private Tailored Package, Portfolio Package and Private Portfolio Package.
1 For NAB Choice Package account holders, no fee is charged for periodical payments established on or before 25 May 1997 (including to non-NAB accounts). 2 NAB Tailored Home Loan Package no longer for sale. 3 Periodical payments are not available for Personal Project Loans. 4 No fee is charged for transfers from any of a Choice Package holders’ personal NAB accounts to any NAB accounts (including NAB subsidiaries).
1 Includes loan repayments to NAB home loans, but excludes any NAB FlexiPlus Mortgage facility, NAB Home Equity Line of Credit facility, Personal/Residential Investment Fixed Rate Interest Only Loan (no longer for sale), Bridging Loan and Consumer Instalment Loan.
1 BPAY® fee will still continue to be charged to your nominated telephone banking fee account. Local call charges apply. Higher call charges apply from public and mobile phones. 2 These fees will not apply to specified accounts that are attached to a Portfolio Package or a Private Portfolio Package. 3 This fee will not apply on transfers from any account to which a NAB FlexiPlus Mortgage facility or NAB Home Equity Line of Credit facility, is attached. Effective from 1 November 2008
1 These fees and charges will not apply where they are debited to any NAB Visa One Fee-Free or NAB Choice Package, NAB Tailored Home Loan Package, Private Tailored Package, Portfolio Package and Private Portfolio Package’s personal NAB accounts.
1 Cheques reported stolen are exempt from this fee if a copy of the police report is provided.
Cheques
1 This fee will be waived for customers withdrawing $1,000 or more from their NAB Smart Reward Saver or NAB Smart Junior Saver account. Dishonoured chequesSee Dishonoured items under Account Related Services.
Section 3
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| Fixed Income Bond Prepayment Fee | |
| Prepayment Fee | $40 |
Section 4
Credit Card Accounts
Credit Card Accounts
Credit Card annual fees
Accounts opened prior to 1 December 2000 will be charged an annual fee in January each year. Accounts opened from 1 December 2000 will be charged the first annual fee when you accept the credit card agreement and then annually in the same month thereafter.
| Credit Card Annual Fees | |
| NAB Low Rate Visa Card | $49.00 pa |
| NAB Visa One Fee-Free* | Nil |
| NAB Visa One* | $30.00 pa |
| NAB Standard MasterCard and Visa Classic | $30.00 pa |
| NAB Visa Mini | $24.00 pa |
| NAB Gold MasterCard and Visa Gold | $90.00 pa |
| NAB Gold Rewards Visa Card and MasterCard** | $88.30 pa |
| NAB Ant™ American Express® Card with Rewards** | $99.00 pa |
| NAB Gold Ant™ American Express® Card with Rewards** | $148.00 pa |
| NAB Ant™ American Express® Card with No Annual Card Fee** | Nil |
| Velocity NAB Visa Card* | $65.00 pa |
| Velocity NAB Gold American Express® Card* | $150.00 pa |
| Velocity NAB Standard Card | $65.00 pa |
| Velocity NAB Gold Card | $150.00 pa |
| NAB Qantas Gold Card | $145.50 pa |
| NAB Qantas Platinum Card | $290.00 pa |
* NAB Visa One Fee-Free and NAB Visa One replaced the respective Bankcard products. Velocity NAB Standard Card replaced the Velocity NAB Visa Card and Velocity NAB Gold Card replaced Velocity NAB Gold American Express Card.
** Product no longer for sale.
™ Ant is a Trademark of National Australia Bank Limited ABN 12 004 044 937.
® American Express is a registered trademark of American Express Company.
The annual fee is waived for cards included in a NAB Tailored Home Loan Package1, NAB Choice Package, Private Tailored Package, NAB Introductory Rate Home Loan, Homeowner’s Package1, Portfolio Package and Private Portfolio Package for the life of the Package. When a package is cancelled/ terminated, the annual card fee will be debited after the Package ends and then annually in the same month thereafter.
Cards included in NAB Shareholder’s Package will have the Credit Card annual fee waived for the next annual fee period, if net purchases on the relevant account during an annual fee period exceed $4,000 on Standard NAB Ant American Express Cards, Standard MasterCard, Visa Classic, Velocity NAB Standard Card and Velocity NAB Visa Card accounts and $7,500 on Gold MasterCard, Visa Gold Card, Gold Rewards Visa Card, Gold Rewards MasterCard, Gold Ant Cards with Rewards, Velocity NAB Gold American Express Card accounts and NAB Qantas Gold Cards.
1 No longer for sale.
| NAB Gold Rewards (no longer for sale) | |
| NAB Gold Rewards - Program fee An annual Program fee is charged to each Gold Rewards Card account you have1. If you have earned points prior to 1 July 2002, the Program fee will be debited annually to each account you have in either July or October of each year. In all other cases the Program fee will be debited to your account when a transaction which earns points is first debited to the account. After that the Program fee will be debited to your account annually on the first business day of the month in which the Program fee was initially charged. |
$57.20 (GST inclusive) |
1 If your NAB Gold Rewards credit card account is part of a NAB Choice Package, or NAB Private Tailored Package or Portfolio Package or Private Portfolio Package arrangement the Program fee is waived for the life of the Package. The fee will be debited when your Package ends and then annually in the same month thereafter.
Credit Cards – Other Fees
The following fees and charges apply to all credit card accounts, unless otherwise indicated.
| The following fees will be debited on provision of service | |
| Repeat Statement Fee | $7 per statement |
| Note: Accessing Smart Statements online | Free |
| Repeat Year-End Summary of Spend (NAB Qantas Platinum Card only) |
$7 per year-end summary |
| Production of Transaction Evidence Fee | $5 per item (Except where item was not authorised by the cardholder.) |
| Lost/Stolen Card Replacement Fee1 | $20 per card issued in Australia or $100 per card issued overseas where the second or subsequent replacement card is issued in a calendar year. |
| Request to change card colour | $20 per request (applicable to NAB Visa Mini only) |
| Overseas Payment Order Purchased Fee | $5 per item |
1 Gold and Platinum card accounts are exempt from the Lost/Stolen Card Replacement Fee.
NAB Visa One Fee-Free is exempt from Repeat Statement Fee, Production of Transaction Evidence Fee, Lost/Stolen Card Replacement Fee, Overseas Payment Order Purchased Fee and NAB Processing Fee.
NAB International Transaction Fee
The following NAB International Transaction Fees apply to all credit card accounts, except NAB Visa One Fee-Free.
Single Currency Transaction: A transaction made in Australian dollars with an internationally-designated merchant.
Multi Currency Transaction: A transaction made in a currency other than Australian dollars with an internationally or Australian-designated merchant.
| Card Scheme | Transaction Type | NAB International Transaction Fee1 |
| Visa | Single Currency Non-Internet |
2.30% |
| Single Currency Internet |
1.50% | |
| Multi Currency | 2.50% | |
| Mastercard | Single Currency | 2.00% |
| Multi-Currency (Made with an internationally designated merchant) |
2.50% | |
| Multi-Currency (Made with an Australian-designated merchant) |
1.70% | |
| American Express2 | Single Currency | 1.50% |
| Multi Currency | 1.50% |
1 Includes a NAB Processing Fee of 1.50% plus any Card Scheme Fee charged to NAB and on-charged to you. This Fee is a percentage of the converted AUD amount shown on your statement.
2 American Express Multi-Currency transactions are subject to an American Express Currency Coversion Factor of 1.00% of any USD transaction amount or any USD equivalent amount for transactions made in non-USD. This Factor is included in the converted AUD amount shown on your statement.
Cash Advance Fee
The following cash advance fees apply to all credit card accounts, except NAB Visa One Fee-Free. For Cash Advances via the Channels listed below you will be charged a percentage of the Cash Advance (in Australian dollars) or the minimum fee, which ever is the greater.
However, if after NAB posts the Cash Advance transaction, the balance of your account is in credit or zero, the minimum fee amount for the Channel used will apply.
Note: NAB posts purchases and cash advances in that order to your account before posting payments and refunds.
| Channel | ||
| Cash Advance amount | Minimum fee | |
| NAB Internet Banking | 1.00% | $1.00 |
| NAB Telephone Banking | 1.00% | $1.00 |
| NAB ATM | 1.50% | $1.00 |
| Non-NAB ATM (Aust) | 1.50% | $2.00 |
| Overseas ATM1 | 1.50% | $4.00 |
| NAB branch, Travelex or Australia Post (Bank@ Post) outlets2 | 1.50% | $3.00 |
| Non-NAB branch1 | 1.50% | $4.00 |
1 In the case of cash advances made in currencies other than Australian dollars, the cash advance amount used to calculate the cash advance fee is the Australian dollar amount posted to your NAB Credit Card account.
2 American Express® cards are not accepted at non-NAB Branches, Travelex or Australia Post (Bank@Post) outlets.
Late Payment and Overlimit Fees1
| Debited monthly (if applicable) | ||
| Late Payment Fee | $30 (Debited on or after the day when an amount that is due for payment is not paid on or before its due date if, at the time the fee is debited, the balance of the account is $50 or more.) | |
| Overlimit Fee2 | $25 (Debited on the day during any statement period when the balance of the account first exceeds the credit limit during that statement period.) | |
1 NAB Visa One Fee-Free is exempt from the Late Payment Fee and Overlimit Fee.
2 Where a NAB Concession Card account is held by the primary credit card account holder the Overlimit Fee will not be charged.
Section 5
Loans, Overdrafts and Other Lending Facilities
Loans
We will advise you in writing of any agreed borrowing facility which will cover the interest rate, how and when it is charged, and what fees are payable. Fees typically include an Application Fee and a Loan Service Fee.
Changes to interest rates are advised by press advertisements and appear on your loan account statement. Details of current rates can be obtained from your branch.
Application fees are non refundable upon acceptance of loan or lending facility. If the facility is declined by NAB or not accepted by you, the application fee will be refunded.
| Personal Loans | ||
| Application Fee | Loan Service Fee | |
| Fixed and Variable Rate Personal Loans | $150 | $10 per month for unsecured tiered; otherwise free |
| Tertiary Student Package Deferred Repayment Loan Bank cheque fee payable on date of loan being borrowed whenever a bank cheque is required. $8 for each cheque |
Nil | Nil |
| Default Fee (payable for first and each subsequent Collection Letter issued when your loan repayments are past due by 30 days or more) |
$35 | |
| Personal Project Loans | ||
| Application Fee Debited on the closing date of the statement period in which the first transaction is debited to the loan account |
$150 | |
| Monthly Service Fee First debited on the closing date of the last statement period during the access period, and then monthly on the closing date of each statement period thereafter |
$7 | |
Personal Project Loans – Other Fees
| Debited on provision of service | |
| Repeat Statement Fee | $7 per statement |
| Note: Accessing Smart Statements online | Free |
| Production of Transaction Evidence Fee | $5 per item (except where item was not authorised by the cardholder) |
| Lost/Stolen Card Replacement Fee |
$20 per card issued in Australia $100 per card issued overseas Where second or subsequent replacement card issued during the access period |
| Overseas Payment Order Purchased Fee | $5 per item |
NAB International Transaction Fee
Single Currency Transaction: A transaction made in Australian dollars with an internationally-designated merchant.
Multi Currency Transaction: A transaction made in a currency other than Australian dollars with an internationally or Australian-designated merchant.
| Card Scheme | Transaction Type | NAB International Transaction Fee1 |
| Visa | Single Currency Non-Internet |
2.30% |
| Single Currency Internet |
1.50% | |
| Multi Currency | 2.50% |
1 Includes a NAB Processing Fee of 1.50% plus any Card Scheme Fee charged to NAB and on-charged to you. This Fee is a percentage of the converted AUD amount shown on your statement.
Personal Project Loans – Other Fees (cont.)
| Branch withdrawal fees | |
| Non-NAB branch withdrawal fee | $5 (This fee applies to all Personal Project Loan accounts. However, if after NAB posts the transaction, the balance of your account is in credit or zero this fee will not apply.) |
| Late Payment and Low Value Transaction Fees | |
| Late Payment Fee | $30 (Debited on or after the day when an amount that is due for payment is not paid on or before its due date if, at the time the fee is debited, the balance of the account is $50 or more.) |
| Low Value Transaction Fee (Not debited if after NAB posts the transaction, the balance of your account is in credit or zero.) |
$20 (For each transaction made by a cardholder less than the low value transaction threshold (AUD 300). The Low Value Transaction Fee will be debited to your loan account on the same day as the transaction to which it relates.) |
Home Loans
| Home Loans | |
| Application Fee | $6001, 2 |
| Bank cheque fee (payable on the settlement date whenever more than 3 bank cheques are required at settlement.) | $8 each for the 4th and subsequent cheques |
| Progressive Drawdown Fee | $60 per payment |
| Defence HomeOwner Loans | $600 |
| Loan Service Fee. For loans opened prior to 21 Nov. 1994 Highest balance: |
Fee charged half yearly in March and September |
| Up to $10,000 | $8 |
| $10,001 - $15,000 | $10 |
| $15,001 - $20,000 | $13 |
| $20,001 - $30,000 | $15 |
| Over $30,000 | $18 |
| For loans opened on or after 21 Nov. 19943 (excluding NAB Base Variable Rate Home Loan NAB Introductory Rate Home Loan and NAB Clear Banking Home Loan) | $8 per month10 |
| For loans linked to NAB 100% Offset | $10 per month10 |
| For NAB Introductory Rate Home Loan | $10 per month |
| Defence HomeOwner Loans | $5 per month |
| NAB Defence Force Home Loans | $8 per month ($10 per month when linked to NAB 100% offset).10 |
| Switch Fee4 Payable whenever we agree to your request to change the type of your interest rate or repayments or to increase the amount of credit except by way of redraw. For example, a switch fee is payable for home loans changing from:
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$300 |
| Redraw Fee (NAB Base Variable Rate Home Loan) | $50 per drawing |
| Prepayment Fee for fixed rate loans only (also referred to as Administration Fee)5 | $360 (plus any economic cost6) |
| Rate Lock7 | Fees available on request |
| Default Fee8 (payable for first and each subsequent Collection Letter issued when your loan repayments are past due) | $35 |
| Early Exit Fee (NAB Introductory Rate Home Loan9), a percentage of the initial facility limit, payable if the whole of a loan amount is repaid within 4 years from the initial loan drawdown date | 0.40% |
| Early Exit Fee (Home Loans11 other than Custom Home Loan and NAB Introductory Rate Home Loan), payable if the whole of a loan amount is repaid within 4 years from the initial loan drawdown date | $900 |
| Early Exit Fee (Custom Home Loan9), payable if the whole of a loan amount is repaid within 4 years from initial loan drawdown date | $2,000 |
1 For loans included in the NAB Choice Package and NAB Private Tailored Package there is no application fee. Until 01.07.09, NAB will waive the application fee for all NAB Defence Force Home Loans contracted by this date.
2 Application Fee includes up to 2 home loan applications, provided they are applied for at the same time and are over the same security. Includes FlexiPlus Mortgage facilities and Home Equity Line of Credit facilities.
3 For existing loans affected by NAB Shareholder’s Package (no longer for sale) the Service Fee is free for a period of 5 years from establishment of the package benefits. These benefits are not available with any other package offered by the Bank.
4 For NAB Defence Force Home Loans and loan contracts included in a NAB Choice Package, Homeowner’s Package (no longer for sale), Private Tailored Package, Portfolio Package and Private Portfolio Package the Switch Fee does not apply. Other home loan changes not detailed attract an Application Fee of $600.
5 Prepayment fee is payable when you prepay the whole of the loan amount which is under a fixed interest rate. It may also be payable when you prepay less than the whole of the loan amount. However, for prepayments less than the whole loan amount, NAB will waive the prepayment fee on the first $20,000 of prepayments per fixed rate period, except for prepayments of Personal/ Residential Investment Fixed Rate Interest Only Loans (no longer for sale). NAB will also waive the prepayment fee payable under NAB Tailored Home Loan Packages contracts (no longer for sale) produced prior to the 22/03/04 where you prepay less than the whole amount of the loan.
6 Economic costs may be payable when you prepay the whole of the loan amount which is under a fixed interest rate. They may also be payable when you prepay less than the whole of the loan amount during a fixed rate period. However, for prepayments less than the whole loan amount NAB will waive economic costs on the first $20,000 of prepayments per fixed rate period, except for prepayments of Personal Residential Investment Fixed Rate Interest Only Loans (no longer for sale). NAB will also waive economic costs payable under NAB Tailored Home Loan Packages contracts (no longer for sale) produced prior to the 22/03/04 where you prepay less than the whole amount of the loan. Economic cost is the Bank’s reasonable estimate of its loss (if any) from the early termination of a fixed rate loan or a prepayment.
7 Rate Lock enables fixed rate home loan customers to ‘lock’ the fixed interest rate applying at approval date for up to 3 months.
8 Excludes Defence HomeOwner Loans.
9 If your contract was issued prior to 22/10/06, any applicable Early Exit Fee will be the fee set out in your contract, not the fees described in this document.
10 For loans affected by the NAB Choice Package, NAB Private Tailored Package and HomeOwners Package, there are no monthly service fees.
11 Excludes Defence HomeOwner Loans and NAB Clear Banking Home Loans.
NAB FlexiPlus Mortgage facilities
| NAB FlexiPlus Mortgage facilities | |
| Application Fee | $6001, 2 |
| Switch Fee3 Payable whenever you agree to increase your facility limit or any account limit under your FlexiPlus Mortgage Contract. |
$300 |
| Bank cheque fee (payable on your first drawing under this facility whenever more than 3 bank cheques are required) | $8 each for the 4th and subsequent cheques |
| Bank cheque fee (payable for each bank cheque whenever required after your first drawing under this facility) | $8 |
| Facility Fee | $250 pa4 |
| Early Exit Fee (payable if the facility is cancelled within 4 years of the settlement date described in your contract. If your facility is attached to more than one account, ie you have 2 account limits, the early exit fee is payable if an account limit is cancelled within 4 years of the settlement date) | $900 |
1 For loans included in a NAB Choice Package or a Private Tailored Package the Application Fee is waived.
2 Application Fee includes up to 2 home loan applications, provided they are applied for at the same time and are over the same security. Includes variable and fixed rate home loans.
3 For loan contracts included in a NAB Choice Package, Homeowners Package (no longer for sale), Portfolio Package and Private Portfolio Package, Private Tailored Package, the Switch Fee does not apply.
4 For loans included in a NAB Choice Package or a Private Tailored Package the facility fee is waived.
NAB Home Equity Line of Credit facilities
| NAB Home Equity Line of Credit Facilities | |
| Application Fee1 | $600 |
| Switch Fee (payable whenever you agree to increase your limit) |
$300 |
| Service Fee | $15pm2 |
| Early Exit Fee (payable if the facility is cancelled within 4 years of the settlement date described in your contract) |
$900 |
1 Application Fee includes up to 2 home loan applications, provided they are applied for at the same time and are over the same security. Includes Flexiplus mortgage facilities and variable and fixed rate home loans.
2 The service fee is not payable if, during the period from the last business day of the previous month and the second last business day of the current month, a) the unpaid balance of the account for each day is at least 80% of your facility limit, and b) you have not exceeded your facility limit and are not in default.
NAB Portfolio Facilities
| NAB Portfolio Facilities1 | |
| Bank cheque fee (payable on your first drawing under this facility whenever more than 3 bank cheques are required) |
$8 each for the 4th and subsequent cheques |
| Bank cheque fee (payable for each bank cheque whenever required after your first drawing under this facility) |
$8 |
1 For the avoidance of doubt the service fees set out in Section 2 will apply to NAB Portfolio Facility sub accounts except where otherwise stated.
Packages
| Packages | Annual Package Fee |
| NAB Choice Package | $375 |
| Private Tailored Package | $750 |
| Portfolio Package | $550 |
| Private Portfolio Package | $750 |
Overdraft Facilities
| NAB Overdraft1, 2 | |
| Application Fee | |
| Up to $40,000 | $0 |
| $40,001 - $60,000 | $600 |
| $60,001 - $80,000 | $725 |
| $80,001 - $125,000 | $1,000 |
| $125,001 - $150,000 | $1,250 |
| $150,001 - $250,000 | $1,800 |
| Over $250,000 | 1% |
1 NAB Choice Package customers may apply for up to $10,000 Overdraft Protection on their NAB Gold Banking account, with no application or Service Fees. (This is subject to meeting normal credit assessment criteria.)
2 NAB Private Tailored Package customers may apply for up to $50,000 Overdraft Protection on their NAB Gold Banking Account, with no application or Service Fees. (This is subject to meeting normal credit assessment criteria.)
| Overdraft Line Fee (formerly Overdraft Service Fee) | |
| Fee is based on higher of approved limit or debit balance and is debited to account March and September | |
| Up to $1,000 | $35 each half year |
| $1,001 - $2,000 | $50 each half year |
| $2,001 - $5,000 | $60 each half year |
| $5,001 - $10,000 | $70 each half year |
| $10,001 - $20,000 | $80 each half year |
| $20,001 - $30,000 | $140 each half year |
| $30,001 - $40,000 | $190 each half year |
| $40,001 - $60,000 | $290 each half year |
| $60,001 - $80,000 | $400 each half year |
| $80,001 - $100,000 | $500 each half year |
| Over $100,000 | 0.40% (min $500) each half year |
Exemptions
- Facilities where:
- Limit is cancelled or debt cleared during March or September,
- an Application Fee has been charged in February or August.
- Farm Management Accounts,
- FlexiPlus Mortgage facilities.
- Home Equity Line of Credit
Concession
Fee may be charged on highest limit and not peak debt where:
- Excesses over recorded limit were allowed for less than 15 days during the half year and there was no more than normal work involved in supervision of account;
- A special reason exists, e.g. worthwhile credit funds are held in associated accounts.
Other Lending Facilities
Applies to Personal/Residential Investment Fixed Rate Interest Only Loan (no longer for sale), Fully Drawn Advance1 and Instalment Loans1.
| Application Fees | |
| Fully drawn advance | As for NAB Overdraft |
| Instalment Loans | $600 |
1 These products are no longer available to personal customers for personal purposes.
| Loan Service Fee | |
| Fee is based on higher of approved limit or debit balance and is debited to account in March and September. For loans opened prior to 10.4.96 | |
| Up to $2,000 | $40 each half year |
| $2,001 - $5,000 | $50 each half year |
| $5,001 - $10,000 | $60 each half year |
| $10,001 - $20,000 | $80 each half year |
| $20,001 - $40,000 | $120 each half year |
| $40,001 - $60,000 | $170 each half year |
| $60,001 - $80,000 | $230 each half year |
| $80,001 - $100,000 | $280 each half year |
| Over $100,000 | 0.20% (min $210 each half year) |
| Instalment Loans opened from 10.4.96 | $5 per month |
| For Personal/Residential Investment Fixed Rate Interest Only Loan opened from 10.4.96 (no longer for sale) | $48 each half year (charged March - September) |
| Prepayment fee for Personal/ Residential Investment Fixed Rate Interest Only Loan (P/RIFRIOL) (also referred to as Administration Fee) (no longer for sale) | $360 (plus any economic cost)1 |
1 Economic cost is the Bank’s reasonable estimate of its loss (if any) from the early termination of a fixed rate loan or a prepayment.
Drawings Without Funds
| Reference Fee | |
| Each day where debits are paid and where an account overdraws or remains overdrawn without an approved facility, or facility is exceeded Payable and debited the next business day after the day on which the account is overdrawn |
$30 |
Documentation Services
| Stamping | |
| Lodgement of Documents by bank1 | $1502 |
| Registration | |
| Lodgement of Documents by bank1 eg. Mortgage, Discharge of Mortgage, Life Policy, Bill of Sale | $1502 |
| Production of Documents to permit registration by other parties1 | $150 |
| Preparation &/or Execution | |
| Preparation &/or execution by Bank of Discharge of Mortgage1 | $1502 |
1 Applies to each execution by bank of discharge of Mortgage, preparation of each and production of document to permit registration by other parties, registration of Bills of Sale, registration of Life Policies, registration of Mortgages and stamping of documents which form part of bank security.
2 For NAB Clear Banking Home Loans there are no bank fees payable for Stamping, Registration or Preparation and/or Execution services.
| Charges where Uncertificated Shares Provided as Security Under CHESS (Clearing House Electronic Sub-Register System). All fees are GST inclusive | |
| Establishment of Sponsorship and Holder Identification Number (HIN), upon lodgement of a single line of shares into the Mortgagor's HIN | |
| Securities valued1 at up to $500,000 | $120 |
| Securities valued above $500,000 |
$120 for the first $500,000 plus $33 for every $100,000 (or part thereof) above $500,000 |
| Additional lines of security lodged at establishment | $44 irrespective of value |
| Statement of holdings | $33 |
| Statement of transactions | $33 |
| TFN lodgement2 | $44 |
| Takeover acceptance3 | $44 |
| All other transactions not otherwise mentioned above or exempted4 | $120 |
1 Security valuation is the last price quoted at the close of trading on the day before the instruction to establish the holding being issued to the Sponsor, multiplied by the number of shares held.
2 Must be lodged with the Sponsor no later than two (2) business days prior to the ‘ex’ date for any distribution of income or capital from the company.
3 Must be notified to the Sponsor no later than two (2) business days prior to the closing date of the takeover offer.
4 Includes the addition or removal of shares to the Mortgagor’s HIN, but excludes the initial receipt of one or more lines of shares at the establishment of the facility and any holding altered by a corporate action, i.e. bonus, rights and Dividend Reinvestment Plan issues.
| Settlement Fee | |
| Where Bank staff attend a settlement in connection with a loan or security for a loan | $2001 |
| Search Fee (Titles Office, etc) | |
| Where carried out by Bank staff | $40 + registrar's fee |
| Where conducted by search firm | $35 + costs |
1 For NAB Clear Banking Home Loans there is no Settlement Fee payable.
Legal Fees
Legal fees for work performed by the Bank's internal legal department
| Enforcement Charges1 | |
| Where any of the following documents are prepared and issued: | |
| Demands/Notice of demand Notices of Cancellation Notices of Termination Notices of default Notices of exercise of power of sale Notices of intention to sell Notices to vacate |
|
| For the first document prepared and issued for any particular default or matter | $120 |
| For each subsequent document prepared and issued for the same particular default or matter | $30 |
1 This fee does not apply to any credit contract with NAB to which the Uniform Consumer Credit Code applies.