Transcription
Fees and Charges.February 2022
Fees and Charges 2Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountMonthly AccountMaintenance FeeN/AFreeN/AN/AN/AN/AN/AN/AN/AMinimum Opening BalanceK10K50K50K500K500*Refer notebelowK500K500K5,000Monthly Account AverageBal 5,000N/AN/AFreeFreeFreeN/AFreeFreeFreeMonthly Account AverageBal hK20/monthFreeMinimum Monthly BalanceFee ( nthK10/monthK25K25K25K25K25K25K25K25K25K5 pertransactionK10 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionCash Deposits K20,000FreeFreeFreeFreeFreeFreeFreeFreeN/ACash Deposits K20,000K5 pertransactionFreeK5 pertransaction1K5 pertransaction1K5 pertransaction1K5 pertransaction1K5 pertransaction1K5 pertransaction1N/ACash Withdrawals K5,000K5 pertransactionK10 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionK5 pertransactionN/ACash Withdrawal K5,000K5 pertransactionK10 pertransactionK5 pertransaction2K5 pertransaction2K5 pertransaction2K5 pertransaction2K5 pertransaction2K5 pertransaction2N/AFee DescriptionBranchDormant Account FeeAccount closed within 6months of openingCash Handling Fees/Over the CounterOver the counterwithdrawal feeNotes: Cash Handling Fees1 Plus 1.0% of amount over K20,0002 Plus 1.0% of amount over K5,000N/A - service/feature is not applicable* Minimum Account deposit at branch can be at nil. Account will be restricted after 3 days if nil deposit is made within the 3 days grace period.
Fees and Charges 3Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountIssue Bank ChequeK25N/AK25K25K25K25K25K25N/ADuplicate StatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementK20 perstatementTransaction PrintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutVoucher CopyK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutK10 perprintoutSearch op Payment (per item/range of items)N/AN/AN/AK25K25K25K25K25N/ACard Issuance FeeN/AN/AN/AN/AN/AFreeN/AN/AN/ACard Annual FeeN/AN/AN/AN/AN/AK100N/AN/AN/AKina Card Replacement Fee(Emergency)N/AN/AN/AN/AN/AN/AN/AN/AN/AKina Card ReplacementFee (Card porary UnauthorisedOverdraft eK100/instanceK100/instanceN/AUnauthorised OverdraftInterestN/AN/AN/APrescribed Rate Prescribed Rate Prescribed Rate Prescribed Rate Prescribed Rateplus 6% (Minplus 6% (Minplus 6% (Minplus 6% (Minplus 6% (Mincharge K20)charge K20)charge K20)charge K20)charge K20)N/AFixed Deposit Break FreeN/AN/AN/AFee DescriptionOther AccountN/AN/AN/AN/AN/AK100 plus anyapplicableinterest penalty
Fees and Charges 4Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountCheque Book (25 leafs)N/AN/AN/AK10K10N/AN/AN/AN/ACheque Book (50 leafs)N/AN/AN/AK15K15N/AN/AN/AN/ACheque Book (100 leafs)N/AN/AN/AK30K30K75N/AN/AN/ACheque Book (200 leafs)N/AN/AN/AK60K60K150N/AN/AN/ACheque Processing Fee- First 10 cheques eachmonth)N/AN/AN/AFreeFreeN/AN/AN/AN/ACheque Processing Fee Subsequent AN/ACheque returned IrregularitiesN/AN/AN/AK50K50N/AN/AN/AN/ACheque Returned Insufficient FundsN/AN/AN/AK50K50N/AN/AN/AN/ASpecial Answer for OtherBank ChequesN/AN/AN/AK100K100K100K100K100N/ASpecial Answer for OtherBank ChequesN/AN/AN/AK100K100K100K100K100N/AInward Clean CollectionN/AN/AN/A0.125% ofAmount (Mincharge K100)0.125% ofAmount (Mincharge K100)0.125% ofAmount (Mincharge K100)0.125% ofAmount (Mincharge K100)0.125% ofAmount (Mincharge K100)N/AInward Item /itemK25/itemN/AInward Dishonour FeeN/AN/AN/AK50K50K50K50K50N/AOutward Clean CollectionN/AN/AN/AK150K150K150K150K150N/AFee DescriptionCheque Fees
Fees and Charges 5Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountFunds Transfer ds Transfer (Kina Bank) K75K0.50tK0.50tK0.50tK0.50tN/AK0.50tN/AN/AN/AFunds Transfer (Kina Bank)K75 - K250K0.50tK0.50tK1K1N/AK1N/AN/AN/AFunds Transfer (Kina Bank) K250K0.50tK0.50tK1.50K1.50N/AK1.50N/AN/AN/AFunds Transfer (Other Bank) K75K0.50tK1K1K1N/AK1N/AN/AN/AFunds transfer (Other Bank)K75 - K250K0.50tK1K1.50K1.50N/AK1.50N/AN/AN/AFunds Transfer (Other Bank)K250K0.50tK1K2K2N/AK2N/AN/AN/APhone Top Up (AllNetworks)K0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tN/AN/AN/APNG Power Mobile Top UpK0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tN/AN/AN/AMini StatementK0.30t (1 free,then chargethereafter)K0.10t (3 free,then chargethereafter)K0.10t (3 free,then chargethereafter)K0.10t (3 free,then chargethereafter)N/AK0.10tN/AN/AN/ABalance EnquiryK0.30t (1 free,then chargethereafter)K0.10t (3 free,then chargethereafter)K0.10t (3 free,then chargethereafter)K0.10t (3 free,then chargethereafter)N/AK0.10tN/AN/AN/AFee DescriptionKina Konnect
Fees and Charges 6Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountKinaCard on Kina EftposTerminalFreeNot Applicable.No card linked.FreeFreeN/AN/AN/AN/AN/ABalance Check on KinaEftpos TerminalFreeNot Applicable.No card linked.FreeFreeN/AN/AN/AN/AN/ALoan Card POS Acquiring(Kina Merchant Service Fee)N/ANot Applicable.No card linked.N/AN/A1% of thepurchase valueN/AN/AN/AN/AMerchant POS Rental(Terminal Monthly Rental Single Sim)N/ANot Applicable.No card linked.N/AN/AK50 perterminalN/AN/AN/AN/AMerchant POS Rental(Terminal Monthly Rental Dual Sim)N/ANot Applicable.No card linked.N/AN/AK80 perterminalN/AN/AN/AN/ABPNG POS Acquiring(Merchant Service Fee)N/ANot Applicable.No card linked.N/AN/A1% of thepurchase valueN/AN/AN/AN/AMastercard POS Acquiring(Merchant Service Fee)N/ANot Applicable.No card linked.N/AN/A5% of thepurchase valueN/AN/AN/AN/AVisa POS Acquiring(Merchant Service Fee)N/ANot Applicable.No card linked.N/AN/A5% of thepurchase valueN/AN/AN/AN/AUPI POS Acquiring(Merchant Service Fee)N/ANot Applicable.No card linked.N/AN/A5% of thepurchase valueN/AN/AN/AN/AEarly Termination Fee (perKina Merchant Facilityterminated)N/ANot Applicable.No card linked.N/AN/AK500N/AN/AN/AN/ADamage Terminal Fee (foreach terminal damaged)N/ANot Applicable.No card linked.N/AN/AK1,000N/AN/AN/AN/AFee DescriptionEFTPOS Service
Fees and Charges 7Transaction Account Fees Transactional ProductsKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountCash withdrawal at KinaATM, using your KinaCardK0.75tNot Applicable.No card linked.FreeFreeN/AFreeN/AN/AN/ACash Withdrawal at KinaATM, using Other Bank CardK0.50tNot Applicable.No card linked.N/AN/AN/AN/AN/AN/AN/ACash withdrawal at OtherLocal Banks ATM, usingyour KinaCardFreeNot Applicable.No card linked.FreeFreeN/AFreeN/AN/AN/AInternational ATMWithdrawal FeeN/AN/AN/AN/AN/AK10N/AN/AN/ABalance enquiry at KinaATM, using your KinaCardFreeNot Applicable.No card linked.FreeFreeN/AFreeN/AN/AN/AK0.50tNot Applicable.No card linked.N/AN/AN/AN/AN/AN/AN/AK0.50t perenquiryNot Applicable.No card linked.K0.50tK0.50tN/AK0.50tN/AN/AN/AK0.50tNot Applicable.No card linked.N/AFreeN/AN/AN/AN/AN/AFee DescriptionATM ServiceBalance enquiry at KinaATM, using Other Bank CardBalance enquiry at OtherLocal Banks ATM, usingyour KinaCardMini Statement at Kina ATM,using your KinaCard*Kina Bank does not charge any fee for use of other bank ATMs, however the other bank may levy a fee for balance enquiry or withdrawal from their ATMs.
Fees and Charges 8Transaction Account Fees Transactional ProductsFee DescriptionKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountRetail Internet Banking (Web) ServiceFunds Transfer OwnAccountN/AN/AN/AN/AN/AFreeN/AN/AN/AFunds Transfer Other KinaAccountN/AN/AN/AN/AN/AK0.50N/AN/AN/AFunds Transfer Other BankAccountN/AN/AN/AN/AN/AK1N/AN/AN/AMobile Top Up (AllNetworks)N/AN/AN/AN/AN/AK0.30N/AN/AN/APNG Power Mobile Top UpN/AN/AN/AN/AN/AK0.30N/AN/AN/ABill paymentN/AN/AN/AN/AN/AFreeN/AN/AN/ATelegraphic TransferPaymentN/AN/AN/AN/AN/AK50N/AN/AN/ALoan PaymentN/AN/AN/AN/AN/AFreeN/AN/AN/AStatement RequestN/AN/AN/AN/AN/AFreeN/AN/AN/ANote: Applicable to businesses, sole traders or partnerships NOT registered as a company.
Fees and Charges 9Transaction Account Fees Transactional ProductsFee DescriptionKina EverydayKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountCorporate Internet Banking (Mobile App) ServiceFunds Transfer ds Transfer Other 50tK0.50tN/AFunds Transfer Other BankAccountK0.50tK1K1K1N/AK1N/AN/AN/AMobile Top Up (AllNetworks)K0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tFreeN/AN/APNG Power Mobile Top UpK0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tFreeN/AN/ABill 0tN/ASalary Crediting By DataEntry Other KinaN/AN/AN/AN/AN/AK0.50tN/AN/AN/ASalary Crediting By DataEntry Other BankN/AN/AN/AN/AN/AK1N/AN/AN/ASalary Crediting By FileUpload Other BankN/AN/AN/AN/AN/AK0.50tN/AN/AN/ASalary Crediting By FileUpload Other KinaN/AN/AN/AN/AK0.25tK0.25tN/AK0.25tN/ADeposited Cheque EnquiryN/AN/AN/AN/AFreeFreeN/AFreeN/ALoan PaymentN/AN/AFreeFreeFreeFreeFreeFreeN/AStatement RequestN/AFreeN/AN/AFreeFreeN/AFreeN/ABank Cheque OrderN/AN/AN/AN/AFreeFreeN/AFreeN/A
Fees and Charges 10Transaction Account Fees Transactional ProductsKina Individual)ChequeAccount(Business)Kina shManagementAccount(Business)Fixed DepositAccountN/AN/AN/AN/AN/AK20N/AN/AN/AFunds Transfer ds Transfer Other 50tK0.50tN/AFunds Transfer Other BankAccountK0.30tK1K1K1K1K1K1K1N/AMobile Top Up (AllNetworks)K0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tFreeN/AN/APNG Power Mobile Top UpK0.30tK0.30tK0.30t (3 free,then chargethereafter)K0.30t (3 free,then chargethereafter)N/AK0.30tFreeN/AN/ABill 0tN/ASalary Crediting By DataEntry Other KinaN/AN/AN/AN/AN/AK0.50tN/AN/AN/ASalary Crediting By DataEntry Other BankN/AN/AN/AN/AN/AK1N/AN/AN/ASalary Crediting By FileUpload Other BankN/AN/AN/AN/AN/AK0.50tN/AN/AN/ASalary Crediting By FileUpload Other KinaN/AN/AN/AN/AN/AK0.25tN/AN/AN/ATelegraphic d Cheque EnquiryN/AN/AN/AFreeFreeFreeFreeFreeN/ALoan PaymentN/AN/AFreeFreeFreeFreeFreeFreeN/AFee DescriptionKina EverydayCorporate Internet Banking (Web) ServiceMonthly Fee
Fees and Charges 11Internet Banking (Web) Service continuedStatement RequestK0.30tFreeFreeFreeFreeFreeFreeFreeN/ABank Cheque OrderN/AN/AN/AN/AFreeFreeN/AFreeN/ANotes: Cash Handling Fees1 Plus 1.0% of amount over K20,0002 Plus 1.0% of amount over K5,000N/A - Service/feature is not applicable
Fees and Charges 12Cash Management Account Interest RatesInterest PayableDaily Balance K0 - K4,999Nil InterestDaily Balance K5,000 - K249,9990.25% p.a.Daily Balance K250,000 - K499,9990.50% p.a.Daily Balance K500,000 - K999,9990.75% p.aDaily Balance K1,000,000 - K4,999,9991.00% p.a.Daily Balance K5,000,0001.50% p.a.International ServicesOverseas TransferInwardK10Issue Telegraph TransferK50Amend Telegraph TransferK50 plus Agent ChargesRefund Telegraphic TransferK50 plus Agent ChargesTelegraphic Transfer TracerK50 plus Agent ChargesStop Payment - Telegraphic TransferK50 plus Agent Charges
Fees and Charges 13Fixed Deposit Interest RatesTermK5,000 - K99,999K100,000 - K499,99930 days0.50% p.a.0.75% p.a.60 days0.75% p.a.1.00% p.a.90 days1.00% p.a.1.25% p.a.6 months1.25% p.a.1.50% p.a12 months1.50% p.a.1.75% p.a.2 years1.75% p.a.2.00% p.a.3 years2.00% p.a.2.25% p.a4 years2.00% p.a2.25% p.a5 years2.00% p.a.2.25% p.a.*Amounts over K500,000 are subject to applicationTransaction LimitsVisa Debit Card - StandardDaily LimitSingle TransactionsKina Bank Eftpos Purchase LimitK15,000K15,000Kina Bank Eftpos Purchase and Cash Out Limit (Cash Out Portion)K17,000K17,000Kina Bank Eftpos Cash Advance Limit (Cash Out)K2,000K2,000Kina Bank ATM Cash Out LimitK5,000K2,000Visa Network ATM LimitK15,000K2,000 Domestic/K5,000 InternationalVisa Network Eftpos Purchase LimitK15,000K15,000Visa Network Eftpos Cash Advance (Cash Out)K5,000K2,000 Domestic/K5,000 InternationalVisa Network Eftpos Quasi CashK2,000K2,000Monthly TransactionsK20,000 per month for only internationaltransactions
Fees and Charges 14Transaction LimitsKina Venture Debit CardDaily LimitSingle TransactionsKina Bank Eftpos Purchase LimitK15,000K15,000Kina Bank Eftpos Purchase and Cash Out Limit (Cash Out Portion)K17,000K17,000Kina Bank Eftpos Cash Advance Limit (Cash Out)K2,000K2,000Kina Bank ATM Cash Out LimitK5,000K2,000Visa Network ATM LimitK15,000K2,000 Domestic/K5,000 InternationalVisa Network Eftpos Purchase LimitK15,000K15,000Visa Network Eftpos Cash Advance (Cash Out)K5,000K2,000 Domestic/K5,000 InternationalVisa Network Eftpos Quasi CashK2,000K2,000Note: The daily limit of K500 applies to these four countries: China, HK, Japan and Bangladesh.Other Bank Service FeesLocal TransferInward TransferFreeOutward - Bank ChequeK25Repurchased Bank ChequeK50Payment OrderK25Foreign Currency NotesInternational ATM Balance Enquiry FeeK2International POS Transaction FeeK2Foreign Currency Conversion FeeK2.50% of the transaction amount in PGKForeign Currency Notes Purchase FeeFreeForeign Currency Notes Sale Fee1.0% of Amount (Min charge K10)Note: Applicable to businesses, sole traders or partnerships NOT registered as a company.Standing InstructionsStanding Order by Bank ChequeK10 plus Bank Cheque FeeStanding Order by Telegraphic TransferK10 plus Telegraphic Transfer FeeStanding Order by KATSK20Monthly TransactionsK40,000 per month for only internationaltransactions
Fees and Charges 15Other Bank Service FeesAudit ConfirmationAudit ConfirmationK50Comprehensive CertificateK50/hrDocumentary Clean CollectionInward - Insight0.275% (Min charge K200 or Max K1,000)Inward 30 - 90 days0.275%Inward Over 90 days1.00%Inward DiscrepancyK50Inward AmendmentK100 plus value and term adjustment feesImport Documentary CreditsSight0.375% (Min charge K500)30 days0.50% (Min charge K500)60 days0.70% (Min charge K500)90 days0.90% (Min charge K500)Over 90 days1.00% (Min charge K500)Sight Maximum Validity 6 months; Beyond 6 months ValidityAdditional 0.125% per monthSight DiscrepancyK40Sight AmendmentK100 plus Value and Term Adjustment feesCredit TransfersAdvisingK50Confirmation0.10% of Credit Amount every 3 monthsNegotiation0.25% of Credit Amount (Min charge K500 or Max charge K1,000)Bill for Collection0.25% of Credit Amount (Min charge K500 or Max charge K1,000)AmendmentK100 plus value and term adjustment fees
Fees and Charges 16Retail Lending Fees3 Year Fixed RateHome LoanStandard HomeLoanSecured PersonalLoanUnsecured PersonalLoanKina Back To SchoolLoan3 Years Fixed RateResidential LoanResidential PropertyInvestment LoanInsurance RenewalK100K100N/AN/AN/AK100K100Discharge FeeK200K200N/AN/AN/AK200K200Settlement 00K1,000K1,000Monthly Keeping FeeK10K10K10K10K10K10K10Early Termination FeeK2,500 within 5 yearsK2,500 within 5 yearsN/AN/AN/AK2,500 within 5 yearsK2,500 within 5 yearsInspection FeeK300K300N/AN/AN/AK300K300Drawdown FeeK100K100N/AN/AN/AK100K100Settlement FeeK200K200N/AN/AN/AK200K200Upfront Application FeeN/AN/AN/AN/AN/AN/AN/AFeesEstablishment Fee
Fees and Charges 17Retail Lending FeesLoan Extension FeesExtension up to 3 monthsK150 per Extension RequestExtension beyond 3 monthsK300 per Extension RequestRecovery FeesLetter of DemandK100 per LetterNotice of DefaultK200 per NoticeRepossession/EvictionK1,000 plus all security and other associated costs per Repossession/EvictionProperty Disposal by Tender on DefaultK500 plus all applicable advertising and other associated costs per propertyGovernment Fees and Charges - Department of Land FeesLand Title Search and printoutK205 per titleLand Rental printoutK7 per documentRegistration FeeK700Documentation FeeK150Note: The fees and charges stated in this document are subject to change without notice.Level 9, Kina Bank HausDouglas Street, PO Box 1141Port Moresby NCD 121Papua New GuineaTelephone 675 308 3800Facsilmile 675 308 3899Email kina@kinabank.com.pgSWIFT KINIPGPGkinabank.com.pg
Savings Account Savings Account Cheque Account (Individual) Cheque Account (Business) Kina Business Account Cash Management Account (Individual) Cash Management . Account Other Account Issue Bank Cheque K25 N/A K25 K25 K25 K25 K25 K25 N/A Duplicate Statement K20 per statement K20 per statement K20 per statement K20 per statement K20 per
