Common use of FEES, COSTS AND CHARGES Clause in Contracts

FEES, COSTS AND CHARGES. 9.1 The bank is entitled to charge and recover fees, costs and charges as stipulated in the pricing brochure or the fees, costs and charges as later agreed with the client. Such fees, costs and charges will be debited in accordance with the product specifications. The client is entitled to obtain a pricing brochure that contains information regarding the fees, costs and charges at any branch of the bank and the client hereby confirms that he has obtained such a pricing brochure and has read and understood the information contained therein. 9.2 The client must pay an additional fee each time a payment instruction causes the account to become overdrawn or further overdrawn, as set out in the pricing brochure or as later agreed with the client. 9.3 The client will be responsible for and must pay the bank the fees, costs and charges as stipulated above. The bank is entitled at its reasonable discretion to vary any fee, cost or charge or the items attracting such fees, costs or charges, provided that, in the event that the act is applicable to this agreement, no such fee, cost or charge will exceed the maximum amount or no such items attracting such fees, costs or charges will exceed the stipulations of the act, as prescribed from time to time. To the extent that value-added tax is payable in respect of any fee, cost or charge, such fee, cost or charge will be inclusive of value-added tax payable by the client. 9.4 In addition, if the act is applicable, the client must pay any: 9.4.1 default administration charge imposed by the bank to cover administration costs incurred because the client is defaulting on an obligation under the agreement; and 9.4.2 collection costs that may be charged by the bank in respect of the enforcement of the client’s monetary obligations under the agreement (other than a default administration charge); provided that such charges and costs will not (to the extent that the act applies to the agreement) exceed the maximum default administration charges and collection costs prescribed from time to time in terms of the act. 9.5 Interest at the interest rate applicable to the agreement from time to time will be charged in respect of any fee, cost or charge not paid on or before the due date for payment thereof and this will not prejudice, restrict or in any manner detract from the rights of the bank pursuant to an act of default. 9.6 In addition, and to the extent permitted by the act (where applicable), all amounts that the bank may pay or incur pursuant to the agreement due to the client’s default, including any amount actually disbursed by the bank either when collecting any payment owing by the client or when exercising any of its rights arising out of any breach of the client’s obligations in terms of the agreement, including legal costs on the attorney-and-client scale (including tracing fees and any collection commission), will be payable by the client to the bank on demand.

FEES, COSTS AND CHARGES. 9.1 The bank is entitled to charge and recover fees, costs and charges as stipulated in the pricing brochure or the fees, costs and charges as later agreed with the client, regardless of whether the client transacts on the account or not. Such fees, costs and charges will be debited in accordance with the product specifications. The client is entitled to obtain a pricing brochure that contains information regarding the fees, costs and charges at any branch of the bank and the client hereby confirms that he has obtained such a pricing brochure and has read and understood the information contained therein. 9.2 The client must pay an additional fee each time a payment instruction causes the account to become overdrawn or further overdrawn, as set out in the pricing brochure or as later agreed with the client. 9.3 The client will be responsible liable for and must pay the bank the fees, costs and charges as stipulated above. The bank is entitled at its reasonable discretion to vary any fee, cost or charge or the items attracting such fees, costs or charges, provided that, in the event that the act Act is applicable to this agreement, no such fee, cost or charge will exceed the maximum amount or no such items attracting such fees, costs or charges will exceed the stipulations of the actAct, as prescribed from time to time. To the extent that value-added tax is payable in respect of any fee, cost or charge, such fee, cost or charge will be inclusive of value-added tax payable by the client. 9.4 9.3 In addition, if the act Act is applicable, the client must pay any: 9.4.1 9.3.1 default administration charge imposed by the bank to cover administration costs incurred because the client is defaulting on an obligation under the agreement; and 9.4.2 9.3.2 collection costs that may be charged by the bank in respect of the enforcement of the client’s 's monetary obligations under the agreement (other than a default administration charge); provided that such charges and costs will not (to the extent that the act Act applies to the agreement) exceed the maximum default administration charges and collection costs prescribed from time to time in terms of the actAct. 9.5 9.4 Interest at the interest rate applicable to the agreement from time to time will be charged in respect of any fee, cost or charge not paid on or before the due date for payment thereof and this will not prejudice, restrict or in any manner detract from the rights of the bank pursuant to an act of default. 9.6 9.5 In addition, and to the extent permitted by the act Act (where applicable), all amounts that the bank may pay or incur pursuant to the agreement due to the client’s 's default, including any amount actually disbursed by the bank either when collecting any payment owing by the client or when exercising any of its rights arising out of any breach of the client’s 's obligations in terms of the agreement, including legal costs on the attorney-and-client scale (including tracing fees and any collection commission), will be payable by the client to the bank on demand. 9.6 When and if applicable, the pricing discount for the Young Professional Bundle will be valid until the client reaches 30 years of age. The qualifying client will benefit from the reduced monthly fee on the Young Professional Bundle until the client does not qualify. The bank will be entitled to charge the full established professional fees once the discount period has ended. The client agrees that the bank is entitled to change the fees automatically on the applicable date.

FEES, COSTS AND CHARGES. 9.1 The bank is entitled to charge and recover fees, costs and charges as stipulated in the pricing brochure or the fees, costs and charges as later agreed with the client. Such fees, costs and charges will be debited in accordance with the product specifications. The client is entitled to obtain a pricing brochure leaflet that contains information regarding the fees, costs and transaction charges at any branch of the bank and the client hereby confirms that he has obtained such a pricing brochure leaflet and has read and understood understands the information contained therein. 9.2 The client must pay an additional fee each time a payment instruction causes the account to become overdrawn or further overdrawn, overdrawn as set out in the pricing brochure or as later agreed with the clientbrochure. 9.3 The client will be responsible for and must pay to the bank bank, the fees, costs and charges as stipulated abovespecified in this agreement and the abovementioned leaflet. The bank is entitled at any time and from time to time in its reasonable discretion to vary any fee, cost or charge or the items attracting such fees, costs or chargescharge, provided that, in the event that the act is applicable to this agreement, no such fee, cost or charge will exceed the maximum amount or no such items attracting such fees, costs or charges will exceed the stipulations prescribed from time to time in terms of the actact or, where the act does not apply to the agreement, such other amount as may be prescribed by law or as agreed to by the client in this agreement and contained in the said leaflet, as prescribed amended from time to time. To the extent that value-added tax is payable in respect of any fee, cost or charge, such fee, cost or charge will be inclusive of value-added tax payable by the client. 9.4 In addition, if the act is applicable, the client must pay any: 9.4.1 default administration charge imposed by the bank to cover administration costs incurred because as a result of the client is defaulting on an obligation under the agreement; and 9.4.2 collection costs that may be charged by the bank in respect of the enforcement of the client’s monetary obligations under the agreement (other than a default administration charge); provided that such charges and costs will not (to the extent that the act applies to the agreement) exceed the maximum default administration charges and collection costs prescribed from time to time in terms of the act. 9.5 Interest at the interest rate applicable to the agreement from time to time will be charged in respect of any fee, cost or charge not paid on or before the due date for payment thereof and this will not prejudice, restrict or in any manner detract from the rights of the bank pursuant to an act of default. Nedbank Limited Reg No 1951/000009/06, 000 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxxx, 0000, Xxxxx Xxxxxx. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16). 9.6 In addition, and to the extent permitted by the act (where applicable), all amounts that the bank may pay or incur pursuant to the agreement due to the client’s default, including any amount actually disbursed by the bank either when collecting any payment owing by the client or when exercising any of its rights arising out of any breach of the client’s obligations in terms of the agreement, including legal costs on the attorney-and-attorney and client scale (including tracing fees and any collection commission), will be payable by the client to the bank on demand.

FEES, COSTS AND CHARGES. 9.1 The bank is entitled to charge and recover fees, costs and charges as stipulated in the pricing brochure or the fees, costs and charges as later agreed with the client. Such fees, costs and charges will be debited in accordance with the product specifications. a. The client is entitled to obtain a pricing brochure leaflet that contains information regarding the fees, costs and transaction charges at any branch of the bank Bank and the client hereby confirms that he has obtained such a pricing brochure leaflet and has read and understood understands the information contained therein. 9.2 b. The client must pay an additional fee each time a payment instruction causes the account to become overdrawn or further overdrawn, overdrawn as set out in the pricing brochure or as later agreed with the clientbrochure. 9.3 c. The client will be responsible for and must pay to the bank Bank, the fees, costs and charges as stipulated abovespecified in this agreement and the abovementioned leaflet. The bank Bank is entitled at any time and from time to time in its reasonable discretion to vary any fee, cost or charge or the items attracting such fees, costs or charges, provided that, in the event that the act is applicable to this agreement, no such fee, cost or charge will exceed the maximum amount or no such items attracting such fees, costs or charges will exceed the stipulations of the act, as prescribed from time to timecharge. To the extent that value-added tax is payable in respect of any fee, cost or charge, such fee, cost or charge will be inclusive of value-added tax payable by the client. 9.4 d. In addition, if the act is applicable, the client must pay any: 9.4.1 i. default administration charge imposed by the bank Bank to cover administration costs incurred because as a result of the client is defaulting on an obligation under the agreement; and 9.4.2 and collection costs that may be charged by the bank Bank in respect of the enforcement of the client’s monetary obligations under the agreement (other than a default administration charge); provided that such charges and costs will not (to the extent that the act applies to the agreement) exceed the maximum default administration charges and collection costs prescribed from time to time in terms of the actapplicable regulations. 9.5 e. Interest at the interest rate applicable to the agreement from time to time will be charged in respect of any fee, cost or charge not paid on or before the due date for payment thereof and this will not prejudice, restrict or in any manner detract from the rights of the bank Bank pursuant to an act of default. 9.6 f. In addition, and to the extent permitted by the act any law (where applicable), all amounts that the bank Bank may pay or incur pursuant to the agreement due to the client’s default, including any amount actually disbursed by the bank Bank either when collecting any payment owing by the client or when exercising any of its rights arising out of any breach of the client’s obligations in terms of the agreement, including legal costs on the attorney-and-attorney and client scale (including tracing fees and any collection commission), will be payable by the client to the bank Bank on demand.