ACCOUNT FEE SCHEDULE

Effective as of 25th July, 2023.

TRANSACTION ACCOUNT SAVINGS ACCOUNT
Kundu Kundu Kids Savings Plus Saver
ACCOUNT Sumatin Account
Standard Account Package Account Account Account
ACCOUNT FEATURES
On offer to Customer Yes Yes Yes Yes Yes
Individuals who are not likely to use Individuals with a regular income who Students aged Children aged Individuals who want to save but still
Suitable for their account on a daily basis will use their account on a daily basis 13 - 25 years 12 years or younger have access to the funds anytime
Account opening requirement (Min. Deposit) K10.00 + valid ID K10.00 + valid ID K5.00 + valid ID K2.00 + valid ID K10.00 + valid ID
Minimum balance requirement No K10.00 No No No
Joint Account option available Yes Yes No No Yes
KunduCard KunduCard Sumatin Card
Bank Card access VISA Debit Card (Optional) Kids Savings Card No
VISA Debit Card (Optional) VISA Debit Card (Optional)
Cheque Book access No No No No No
Funds readily available Yes Yes Yes No1 Yes
Interest paid4 Yes No Yes Yes Yes
Frequency of Interest paid Quarterly NA Monthly Monthly Quarterly
Monthly Account Statement Yes Yes Yes Yes Yes
Standing Order Yes Yes Yes Yes Yes
Overdraft Facility No No No No No
Internet Banking 24/7 access Yes - opt in Yes - opt in Yes - opt in No Yes - opt in
Mobile Banking 24/7 access Yes - opt in Yes - opt in Yes - opt in Yes - opt in Yes - opt in
Mobile Banking App 24/7 access Yes - opt in Yes - opt in Yes - opt in view only Yes - opt in
ATM & EFTPoS access Yes Yes Yes Yes1 No
ACCOUNT FEES & CHARGES
Monthly Account fee Free K8.50 Free Free Free
Dormant Account fee Free Free Free Free Free
TELLER / AGENT SERVICES
Branch Deposit Free Free Free Free Free
EFTPoS Deposit (own account)3 Free Free Free Free NA
Branch EFTPoS Withdrawal K2.00 Free Free Free1 Free
Branch Withdrawal K2.00 Free Free Free1 Free
Cheque Deposit - Processing Fee Free Free Free Free Free
Agent Deposit (own account) K1.00 Free Free Free NA
Agent Withdrawal K1.00 K1.00 Free Free1 K1.00
MOBILE BANKING (*131#) AND MOBILE BANKING APP SERVICES*
Transfer between own Accounts Free Free Free Free1 Free
Transfer & Pay - Other BSP Accounts K0.50 Free Free Free1 K0.50
Transfer & Pay - Other Bank Accounts K0.50 Free Free Free1 K0.50
Mobile Top Up K0.50 K0.50 Free Free1 Free
Easipay Top Up K0.25 K0.50 Free Free1 Free
Origin Solar TopUp K0.50 K0.50 Free Free1 K0.50
Sola PayGo K0.50 K0.50 Free Free1 K0.50
School Fee Payment K0.50 K0.50 Free Free1 K0.50
Mobile Merchant Payment K0.10 Free Free Free K0.10
Mobile NCDC Payment K0.50 K0.50 Free Free K0.50
Mini Statement Free Free Free Free Free
Balance Enquiry Free Free Free Free Free
Bill Pay K0.50 Free Free Free1 K1.50
Airline Ticket Payment K2.50 K2.50 K2.50 K2.501 K2.50
INTERNET BANKING SERVICES
Transfer between own Accounts Free Free Free Free1 Free
Transfer & Pay - Other BSP accounts K0.50 Free Free Free1 Free
Transfer & Pay - Other Banks accounts K0.50 Free Free Free1 K1.00
BSP Pay K0.10 Free Free Free Free
Bill Pay K0.50 K0.50 Free NA K1.00
Batch Transfer K0.50 Free Free Free K1.00
Overseas fund transfer (FX payment)** K40.00 K40.00 K40.00 NA K40.00
ATM SERVICES
Cash withdrawal on BSP, using your BSP Card K0.50 Free Free Free1 NA
Cash withdrawal - Other Banks using your BSP Card K2.50 K2.50 K2.50 K2.50 NA
Balance enquiry - BSP ATM5 K0.505 Free Free Free NA
Balance enquiry - Other Bank5 K0.505 K0.505 K0.505 K 0.505 NA
Phone top up K0.75 K0.75 Free Free1 NA
Mini statement5 K0.505 Free Free Free NA
PIN Change Free Free Free Free NA
Funds transfer - Own Accounts2 Free2 Free2 Free2 NA NA
Cash Withdrawal - VISA Debit Card used Overseas K15.00 K15.00 K15.00 NA NA
Cash Withdrawal - VISA Debit Card used on Other Bank K2.50 K2.50 K2.50 NA NA
Balance Enquiry - VISA Debit Card used Overseas K1.50 K1.50 K1.50 NA NA
EFTPOS SERVICES
Free (<K25.99)
Purchases - Local merchant Free Free Free1 NA
K0.25 (>K26.00)
Purchases - Overseas merchant using your VISA Debit Card K0.25 Free Free NA NA
Online Purchases K0.25 Free Free NA NA
NOTE: NA - service/feature is Not Applicable to the account
1
Withdrawal is available in December and January only *Mobile Banking (*131#) & MB App is applicable to Digicel & Bmobile subscribers
2
ATM Funds Transfer is only applicable to accounts linked to a Card **FX Daily Limit - K25,000 or foreign currency equivalent.
3
For Cash Deposits to your own Account using your Card Fees applied to the Kundu Standard also apply to Kundu Standard Replica accounts
4
Interest withholding tax applies to interest earned. Provide certificate if exempt Fees applied to the Kundu Package also apply to Kundu Package Replica accounts
5
Transactions where fee is accumulated and charged at the end of the month Opt in - apply to use this service
Notify BSP before doing overseas travel to safe guard your account
 ACCOUNT FEE SCHEDULE
MOBILE BANKING ALERT SERVICES CARD FEES OTHER SERVICES
ALERT TYPE FEE CARD TYPE FEE OTHER SERVICES FEE
Salary Alerts Free KunduCard Cheque Book
Alert Card + PIN Collection Free KunduCard Replacement (card lost /stolen / Tiered Fees - Applicable within a Calendar Year. 50 forms K 15.00
Alert eTOKEN Collection Free damaged) 1st Replacement K20.00 200 forms K 40.00
Alert Pac Mailer Collection Free 2nd Replacement K50.00
Alert Cheque Book Collection Free 3rd Replacement K100.00 Deposit Book
Alert Balance below Threshold limit Free 50 forms K 15.00
4th Replacement - No card will be Issued
200 forms K 40.00
Alert Account Overdrawn Free
Alert Excessive PIN tries Free Sumatin/Kids Savings Card Replacement (lost / Free eToken
Alert Card Blocked Free stolen/damaged) Initial application Free
Alert Deposit Exceed Threshold limit Free PIN change at a BSP ATM Free Replacement K 75.00
Alert Withdrawal Exceed Threshold limit Free Card Retained at a BSP ATM (excessive PIN tries) NA
Alert Cheque Cashed Free Stop Payment
Alert Loan Approval Free VISA Debit Card Notice of Stop Payment K 25.00
Alert Loan Funding Free Application Fee Nil
Alert Loan Arrears Free Annual Fee Nil Bank Audit Certificate
Alert Loan Maturity Free Card Replacement Tiered Fees - Applicable within a Calendar Year. Bank Audit Certificate K 50.00
Alert Teller Withdrawal in Branch Free 1st Replacement K20.00
Statements
2nd Replacement K50.00
Note: To setup alerts, register for BSP Mobile Banking Statements - Mailed Free
3rd Replacement K100.00 Statement Reprint Free
4th Replacement - No card will be Issued
INTERNATIONAL SERVICES Replacement when expired Free Bank Cheques
INTERNATIONAL SERVICES FEE Card Retained at BSP ATM (excessive PIN tries) NA Purchase K 25.00
Other Local Bank Card on BSP K 2.50 Repurchase K 50.00
Telegraphic Transfer - branch K 50.00
Issuer Fee 2.5% of PGK Value Forwarded by bank to 3rd Party NA
Telegraphic Transfer - inward K 15.00
Western Union Service On application Credit Transfer
Foreign Card on BSP
Standard Investigation Fee K 100 Credit Transfer - Single Payment K 10.00
ATM Convenience Fee K 15.00
Foreign Currency Notes No service fees to Other Banks
applicable. Subject
to exchange rate of ELECTRONIC CHANNELS DAILY & TRANSACTION LIMITS Dishonoured Fees K 60.00
currency MOBILE BANKING (*131#) DAILY LIMIT TRANSACTION LIMIT Due to lack of funds (outward) K 60.00
Due to irregularities (outward) K 20.00
Minimum Maximum Dishonored (inward)
CARD DAILY & TRANSACTION LIMITS Transfer Own account K 200,000.00 K 1.00 K 200,000.00
EFTPoS Transfer Other BSP account K 5,000.00 K 1.00 K 5,000.00 Standing Order Fees K 5.00
Transfer Other Bank account K 5,000.00 K 1.00 K 5,000.00 Establishment fee (one off) K 1.00
BSP
Ticket Payment K 5,000.00 K 100.00 K 5,000.00 To BSP account Free
CARD TYPE DAILY TRANSACTION Edit/Amend K 10.00
School Fee Payment K 10,000.00 K 1.00 K 10,000.00
LIMIT LIMIT Mobile Merchant Payment K 5,000.00 K 1.00 K 5,000.00
Reject
KunduCard K 10,000 K 10,000 Easipay K 500.00 K 15.00 K 200.00 Dormant Account Free
VISA Debit Card* K 15,000 K 15,000 BillPay K 5,000.00 K 1.00 K 5,000.00 Reactivation Fee
Sumatin Card K 10,000 K 10,000 Mobile Topup (Digicel) K 500.00 K 3.00 K 100.00
Kids Savings Card K 10,000 K 10,000 Mobile Topup (Bemobile) K 500.00 K 3.00 K 100.00 Cash Handling Fee 2% PGK
Solar Power Topup K 500.00 K 12.00 K 500.00 Over the counter - Cash, Cheque value
OTHER BANK or EFTPoS withdrawal valued at K
KunduCard K 10,000 K 10,000 PERSONAL INTERNET BANKING DAILY LIMIT TRANSACTION LIMIT 10,000 or more
VISA Debit Card* K 15,000 K 15,000 17.10%
Minimum Maximum Penalty Fees Free
Sumatin Card K 10,000 K 10,000
Transfer Own account unlimited K 1.00 unlimited Overdrawing Rate
Kids Savings Card K 10,000 K 10,000
Transfer Other BSP account K 30,000.00 K 1.00 K 20,000.00 Non-sufficient fund
Transfer Other Bank account K 30,000.00 K 1.00 K 20,000.00
CARD DAILY & TRANSACTION LIMITS
ATM MOBILE BANKING APP DAILY LIMIT TRANSACTION LIMIT
BSP Minimum Maximum
CARD TYPE DAILY TRANSACTION Transfer Own account K 200,000.00 K 1.00 K 200,000.00
LIMIT LIMIT Transfer Other BSP account K 5,000.00 K 1.00 K 5,000.00
Transfer Other Bank account K 5,000.00 K 1.00 K 5,000.00
KunduCard K 2,000 K 1,000
Easipay K 500.00 K 15.00 K 200.00
VISA Debit Card* K 5,000 K 1,000
BillPay K 5,000.00 K 1.00 K 5,000.00
Sumatin Card K 2,000 K 1,000
Mobile Topup (Digicel) K 500.00 K 3.00 K 100.00
Kids Savings Card K 2,000 K 1,000
Mobile Topup (Bemobile) K 500.00 K 3.00 K 100.00
OTHER BANK
KunduCard K2,000 K 1,000
VISA Debit Card* K5,000 K 5,000
Sumatin Card K2,000 K 1,000
Kids Savings Card K2,000 K 1,000

* Note: BSP Classic VISA Card - At all offshore locations, ATM withdrawals is restricted to K3,000.00 equivalent per day.

BSP Financial Group Limited 1-4815

www.bsp.com.pg