The table below shows various ways in which you can conduct 20 transactions in one month from a First National Bank FirstCheque Account, but only one appears to work in your favour.
The table is based on a monthly service fee of R1,14 for the first
R100, R1,14 for every R100 thereafter to a maximum of R21,66.
By using the ATM for all your transactions you save the most
money. The next best option is using the internet to transfer your money directly to the
third party. This costs more than the ATM option because of the R20 subscription fee which
you pay every month.
CHEQUES
ONLY
10 cheques of R250
R34,20
10 cheques of R500
R57,00
R91,20
CHEQUES
AND ATM
5 cheques of R250
R17,10
5 cheques of R500
R28,50
5 withdrawals of R250
R11,40
5 withdrawals of R500
R11,40
R68,40
ATM
ONLY
10 withdrawals of R250
R22,80
10 withdrawals of R500
R22,80
R45,60
CHEQUES
AND INTERNET
5 cheques of R250
R17,10
5 cheques of R500
R28,50
10 direct line transactions
R22,80
Monthly subscription
R20,00
R88,40
INTERNET
ONLY
20 transactions
R45,60
Monthly subscription
R20,00
R65,60
Source: First National
Bank