Exceptional

service and
product offering
tailored to
your investment
needs

FNB Stockbroking and Portfolio Management

Annual Pricing Guide
1 July 2024 to 30 June 2025

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
Contents FNB Stockbroking and
Portfolio Management
Annual Pricing Guide

QUICK LINKS

Invest

Fees

Create wealth through

our investment expertise

SUGGESTED LINKS

Local fees

Global fees

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
2
Invest Fees

Invest
QUICK LINKS

4 Local fees Get a personalised

experience growing
your wealth with a
dedicated
Portfolio
Manager
Trade independently
in SA and global
markets with our
world class
trading
platform

IMPORTANT INFORMATION

Contact us
087 346 8378

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
3
Invest Fees

Local fees
Managed

Our portfolio management service allows you to invest in a managed portfolio tailored to your investment
restrictions or preferences or in a fully managed portfolio. You can position yourself as the ultimate decision
maker if you choose a managed portfolio tailored to your investment restrictions or preferences or leave the
decisions up to us when you invest in a fully managed portfolio.

FNB Stockbroking and Portfolio Management (FNB SPM) offers stockbroking and portfolio management
services to private and corporate clients, fund managers, third-party asset managers and companies, both
locally and offshore. All fees and commissions quoted exclude third-party brokers’ commissions and any
third-party charges, government levies, stamp duties, withholding taxes (if any) and further charges of
external settlement agents or custodian entities. Unless otherwise stated, all fees quoted exclude VAT,
are applicable per annum but charged monthly, and are quoted as a percentage of each transaction.

FNB has partnered with Global Tax Recovery (Pty) Ltd to help our clients claim refunds on foreign dividend
withholding tax (DWT) incurred with respect to a number of qualifying shares. This service will help you to
claim refunds on a wide selection of dual-listed shares where applicable. This is a value-added service for
which you will be charged 20% on any refund recovered. 2.5% of this fee is paid to FNB for administrative
services and 17.5% to Global Tax Recovery (Pty) Ltd. Please note that if the refund value you would recover
is below the minimum threshold of R500, you may not be eligible for this service.

You will not be charged where a claim is unsuccessful.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
12
4
Invest Fees

Local fees
Managed

Fully managed portfolio in line with FNB Houseview

The fees under this section apply to all clients who have entered into a relationship with FNB SPM via a
portfolio manager. The minimum investment for our local managed portfolio in line with Houseview offering
starts at R1 000 000. It is important to note when a portfolio value falls below the product minimum the
first tier fee will be charged.

Assets under management Management fee

R1 000 000 to R2 500 000 0.80%

R2 500 001 to R7 500 000 0.75%

R7 500 001 to R12 500 000 0.65%

R12 500 001 to R25 000 000 0.55%

R25 000 001 to R50 000 000 0.45%

R50 000 001 and above Negotiable

• Brokerage is a maximum of 0.35%

• ETF managed portfolios will attract a management fee of 0.40%
• Bond trading fee of 0.20%
• Portfolio management fees are applied on the bands of assets under management

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
13
5
Invest Fees

Local fees
Managed

Managed portfolio that is tailored to a client’s needs

The fees under this section apply to all clients who have entered into a relationship with FNB SPM via a
portfolio manager to assist in tailoring a portfolio to meet your needs. The minimum investment for our
local managed portfolio that is tailored to a clients need offering starts at R2 500 000. It is important to
note when a portfolio value falls below the product minimum the first tier fee will be charged.

Assets under management Management fee

R2 500 001 to R7 500 000 1.00%

R7 500 001 to R12 500 000 0.95%

R12 500 001 to R25 000 000 0.85%

R25 000 001 to R50 000 000 0.65%

R50 000 001 and above Negotiable

Trade Value Brokerage

R0 to R500 000 0.75% (min R150)

R500 001 to R1 000 000 0.50%

R1 000 001 and above 0.35%

• Bond trading fee of 0.20%

• Brokerage fees are applied on a sliding scale basis
• Portfolio management fees are applied on the bands of assets under management

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
14
6
Invest Fees

Local fees
Self managed
Our self managed account gives you the opportunity to buy and sell local shares, ETFs, ETNs, contracts for
difference (CFDs), warrants, bonds and unit trusts. Our self managed service enables you to trade online
either independently or with some advice from our portfolio managers. Your trades are your decision. This
innovative, content-rich online offering caters for both new and experienced traders.

The fees under this section apply to all clients that have entered into a relationship with FNB SPM via SPM
online trading or telephonically.

The monthly account fee for a Local Shares account and Global Shares account is R95. If both accounts are
held a fee of R95 will be charged. You will have the option of having one or both accounts.

Fees
Monthly account fee R95 incl VAT (no charge for bundle transactional account holders)*

Brokerage 0.50% (min of R80 per transaction)

Bond trading fee

R0 to R5 000 000 0.50% (min R500)

R5 000 001 and above 0.35%

• *Portfolio value must be greater than R 25 000 to Qualify

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
15
7
Invest Fees

Local fees
Self managed with advice
The fees under this section apply to all clients that have entered into a relationship with FNB SPM via a
portfolio manager.

The monthly account fee for a Local Shares account and Global Shares account is R95. If both accounts are
held a fee of R95 will be charged. You will have the option of having one or both accounts.

Fees
Monthly account fee R95 incl VAT

Bond trading Fee

R0 to R5 000 000 0.50% (min R500)

R5 000 001 and above 0.35%

Brokerage (Trade Value) (Min of R 150 per transaction)

R0 to R50 000 1.25%

R50 001 to R100 000 1.00%

R100 001 to R500 000 0.75%

R500 001 to R1 000 000 0.50%

R1 000 001 and above 0.35%

• Brokerage fees are applied on a sliding scale basis

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
16
8
Invest Fees

Local fees
Contracts for Difference (CFDs)

The following rates are applicable in respect of the services rendered under this mandate. A minimum
investment of R250 000 is required.

Rate charged
Monthly account fee No charge

CFD brokerage rate, R50 minimum charge 0.35%

Interest on cash REPO –1%

Margin interest rate REPO –1%

Overnight long REPO +2.5%

Overnight short REPO -1%

The CFD premium will be payable by the investor on acceptance of each CFD order. Overnight long will be
payable on all long CFD positions by the investor on each business day. Overnight short will be receivable by
the investor on all short positions on each business day. Close-out premium will be payable by the investor
on close of each existing CFD.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
17
9
Invest Fees

Local fees
General fees

Fees
STRATE levy 0.005787% (min R6.72 and max R108.10) plus VAT
Other
levies 0.25%, where relevant, is levied on the value of purchase transactions,
Securities Transfer Tax (STT)
charged before the brokerage fee and VAT
by the JSE
Investor Protection levy 0.00031% of trade value (applicable for managed portfolios)

Registration of scrip in our nominee company No charge

Registration of scrip other than in our

R 500 per certificate
nominee account

Replacement of lost scrip: R1 000 plus insurance per certificate

Estate late valuations R100 per share (min of R 500)

Amount charged by FNB SPM bankers (under the JSE rules FNB SPM
Cash deposit fee
Ad hoc may not accept or receive a cash deposit in excess of R5 000)
service
Cash deposit penalty fee R1 000 per cash deposit plus bank charges
fees
Rematerialisation of shares R1 200 per counter

Urgent rematerialisation of shares R1 500 per counter

Urgent dematerialisation of shares R1 500 per counter

Withdrawal/ upliftment from transfer

R100 per counter
secretaries

CSDP exit fee R100 per counter

A fee of 0,35% (incl VAT) per annum on cash balances held in money
Households*
market, charged monthly
Money
Broking A fee of 0,35% (incl VAT) per annum on cash balances held in money
Corporates*
Fees* market, charged monthly

A fee of 1% (incl VAT) per annum on cash balances held in JSE Trustees, charged monthly

* Please refer to the website for an explanation of households and corporates. You agree to be bound by the latest fee schedule, which may be amended from time to
time. You will be notified of any changes to the fee schedule.
** Rematerialisation of Shares: Rematerialisation (REMAT) is whereby an electronic share certificate is moved from electronic form to physical (Paper)
*** Dematerialisation of Shares: Dematerialisation (DEMAT) is whereby a physical share certificate is moved from physical form to electronic.
FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
10
18
Invest Fees

Local fees
Other fees applicable.

The fees in this section apply to both managed and self managed clients.

Fees
• A fee of R85 per transaction for all third party payments
• A fee of R85 per month applies for all securities based lending accounts.
Administration fees
• Please note third party payments will only be made under exceptional circumstances and in accordance
with the FNB SPM’s 3rd party payment policy

• Courier handling fee - R45

Global tax recovery • Bank Charge - R25
(value-added) • 20% - Admin fee of refund recovered (FirstRand will receive, 2.5% of the admin fee from the provider)
Please note the above fees exclude VAT

• FNB SPM does not charge initial fees

• Administration fee: 0.25% per annum on all local funds excluding Ashburton Money Market Fund,
Ashburton Stable Income Fund, Ashburton SA Income Fund
Unit Trust Funds
• 0.20% per annum based on market value relating to Ashburton Money Market Funds and
Ashburton Stable Income Funds
• A fee breakdown is available on request

Please refer to the website for an explanation of households and corporates.

You agree to be bound by the latest fee schedule, which may be amended from time to time. You will be notified of any changes to the fee schedule.
FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
11
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Invest Fees

Local fees
General fees

The fees in this section apply to both managed and self managed clients.

Market Data Non-professional Professional

15 minutes delayed* No charge No charge

Snapshot** equities and indices Equities and Indicies - R0.21 per snapshot Equities and Indicies - R0.21 per snapshot

Streamed live pricing*** R190 per month R650 per month

Please refer to the website for additional terms and conditions in relation to the fees.
The default live pricing option is 15 minutes delayed. This option is at no charge.
* 15 minutes delayed - prices are defaulted to a 15 minute delay for all holdings and any instruments displayed on the quote or trade page.
** Snapshot (equities & indices) - Real-time market update including the price, aggregate display quantity, number of orders and display position for each price level.
Equities (depth of 5)
capped at R325 per month for Non-professional and R1 245 per month for Professional. Indices capped at R63 per month for Non-professional and R220 per month
for Professional.
*** Streamed live pricing – Prices of indices and equities are continuously updated to reflect the current value of holdings and any instruments. If you switch from delayed
to live pricing, the full fee
will be levied and will not be pro-rated. You can switch to delayed pricing at any time.
FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
12
20
Invest Fees

Fees
QUICK LINKS

14 Global fees
Get a local
shares account
and global
shares
account for

R
95
per month

IMPORTANT INFORMATION

Contact us
087 346 8378

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
13
Invest Fees

Global fees
Managed

Our portfolio management service allows you to invest in a tailored model or an FNB Houseview Portfolio.
You can position yourself as the ultimate decision-maker if you choose a tailored model or you can leave
the decisions up to us when you invest in an FNB Houseview Model.

FNB SPM offers stockbroking and portfolio management services to private and corporate clients, fund
managers, third-party asset managers and companies, both locally and offshore.

All fees and commissions quoted exclude third-party brokers’ commissions and any third-party charges,
government levies, stamp duties, withholding taxes (if any) and further charges of external settlement
agents or custodian entities. Unless otherwise stated, all fees quoted exclude VAT, are applicable per
annum but charged monthly, and are quoted as a percentage of each transaction. Indicative exchange
rates are used for the USD, GBP and EUR equivalent asset management fee (quoted in ZAR) for the global
managed offering.

Please be advised that the fees below do not include additional fees that may be charged by the exchange
you are trading on or taxes, levies or other duties that may be applicable. For more information on the
additional fees, taxes or other relevant information, please visit shares.fnb.co.za.

Note
Interest is earned on offshore cash balances for all global account types (mandates) at the ruling Effective
Federal Funds Rate.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
14
21
Invest Fees

Global fees
Managed

Fully managed portfolio in line with FNB Houseview

The fees under this section apply to all clients who have entered into a relationship with FNB SPM via a
portfolio manager. The minimum investment for our Global managed portfolio in line with FNB Houseview
offering starts at R2 500 000. It is important to note when a portfolio value falls below the product
minimum the first tier fee will be charged.

Assets under Management Management fee

R2 500 001 to R7 500 000 0.90%

R7 500 001 to R12 500 000 0.80%

R12 500 001 to R25 000 000 0.70%

R25 000 001 to R50 000 000 0.60%

R50 000 001 and above Negotiable

• Brokerage is 0.35% with a minimum dependent on the exchange.

Please refer to the table at the end of the document for a breakdown
• Custody fee of 0.05%
• Bond trading fee of 0.20% with a minimum of EUR160 or currency equivalent
• ETF managed portfolios will attract a management fee of 0.60%
• Custody fee on CREST depository interests (CDIs), where applicable.

Please refer to the table at the end of the document

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
15
22
Invest Fees

Global fees
Managed

Managed portfolio that is tailored to your needs.

The fees under this section apply to all clients who have entered into a relationship with FNB SPM via a
Portfolio Manager to assist in tailoring a portfolio to meet your needs. The minimum investment for our local
Managed Portfolio that is tailored to a clients need offering starts at R2 500 000. It is important to note
when a portfolio value falls below the product minimum the first tier fee will be charged.

Assets under Management Management fee

R2 500 001 to R7 500 000 1.25%

R7 500 001 to R12 500 000 1.10%

R12 500 001 to R25 000 000 1.00%

R25 000 001 to R50 000 000 0.80%

R50 000 001 and above Negotiable

• Brokerage is 0.35% with a minimum dependent on the exchange.

Please refer to the table at the end of the document for a breakdown
• Custody fee of 0.05%
• Bond trading fee of 0.20% with a minimum of EUR160 or currency equivalent
• ETF managed portfolios will attract a management fee of 0.60%
• Custody fee on CREST depository interests (CDIs), where applicable.

Please refer to the table at the end of the document

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
16
23
Invest Fees

Global fees
Self managed

Our Self Managed account gives you the opportunity to buy and sell Global shares, exchange-traded funds
(ETFs), exchange-traded notes (ETNs), bonds and unit trusts. Our services enable you to trade online either
independently or with some advice from our Portfolio Managers. Your trades are your decision.
This innovative, content-rich online offering caters for both new and experienced traders.

The fees under this section apply to all clients that have entered into a relationship with FNB SPM via SPM
online trading or telephonically.

The monthly account fee for a local shares account and global shares account is R95. If both accounts are
held a fee of R95 will be charged. You will have the option of having one or both accounts.

Fees
Monthly fee R95 incl VAT (no charge for bundle transactional account holders)*

Custody fee Custody fee is charged at 0.20% per annum and levied monthly

• Brokerage is 0.35% with minimum dependent on exchange traded

• Bond trading fee 0.20% with minimum of EUR160 or currency equivalent
• *Portfolio value must be greater than $10 000 to qualify.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
17
24
Invest Fees

Global fees
Self managed with advice

The fees under this section apply to all clients that have entered into a relationship with FNB SPM via a
Portfolio Manager.

The monthly account fee for a local shares account and global shares account is R95. If both accounts are
held a fee of R95 will be charged. You will have the option of having one or both accounts.

Fees
Monthly account fee R95 incl VAT

Custody fee Custody fee is charged at 0.20% per annum and levied monthly

Trade value Brokerage

USD$ 0 to USD$ 15 000 0.50% min per exchange applies

USD$ 15 001 to USD$ 50 000 0.40%

USD$ 50 001 and above 0.35%

• Bond trading fee of 0.20% with a minimum of EUR160 or currency equivalent

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
18
25
Invest Fees

Global fees
Share execution fees: shares and ETFs

Commission for European exchanges

Country Exchange name Symbol Minimum execution fees*

Spain (BME Spanish) Stock Exchange SIBE EUR 15

Netherlands Euronext Amsterdam EURONEXT EUR 15

Belgium Euronext Brussels EURONEXT EUR 15

France Euronext Paris EURONEXT EUR 15

Germany Frankfurt Stock Exchange XETRA FSE EUR 15

Austria Wiener Börse (Vienna) Stock Exchange VIE EUR 15

Italy Milano Stock Exchange MIL EUR 15

UK London Stock Exchange LSE_SETS GBP 15

UK London International Order Book LSE_IOB USD15

Switzerland Swiss Exchange SWX CHF 15

Switzerland Swiss Europe Exchange VX CHF 15

Denmark OMX Nordic Stock Exchange Copenhagen OMX DKK 15

Sweden OMX Nordic Stock Exchange Stockholm OMX SEK 15

Finland OMX Nordic Stock Exchange Helsinki OMX EUR 15

Norway Oslo Stock Exchange OSE EUR 15

*This minimum fee applies whether the trade is executed by a portfolio manager, online or by the dealing desk.
FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
19
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Invest Fees

Global fees

Commission for American / Canadian exchanges

Country Exchange name Symbol Minimum execution fees*

US NYSE MKT (American Stock Exchange) AMEX USD 15

US NASDAQ NASDAQ USD 15

US NASDAQ (Small Cap) NSC USD 15

US New York Stock Exchange NYSE USD 15

US New York Stock Exchange (ARCA) NYSE Arx USD 15

Canada Toronto Exchange TSE CAD 15

Canada Toronto Exchange TSX CAD 15

Commission for Asian and Australasian Exchanges

Australia Australia Securities Exchange ASX AUD 15

*This minimum fee applies whether the trade is executed by a portfolio manager, online or by the dealing desk.
FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
20
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Invest Fees

Global fees
Share execution fees (shares and ETFs)

The interest rate earned on positive Net Free Equity cash balances is at the ruling Effective Federal
Funds Rate

Fees
• 1.00% is automatically applied to the client’s account when the trade is executed
Currency conversion fee
where the instrument currency differs from the account currency.

Back 2 Back FX transactions • A fee of 0.10% with a minimum of R2 500 and capped at R10 000 (excl VAT)

Custody for share portfolio • In such a case, the inactivity fee is calculated as 0.025% (0.10% per annum and min EUR 5) of
(if you do not conduct at least the average month end value of the share portfolio during the quarter. If you make one trade
one trade per quarter) (in any instrument) or more during a quarter, no inactivity fee will be charged

• Equity Research and Stock Screener

Equity research for
• Private: EUR 1.99/month
active clients
• Professional: US$ 180/month

Bank withdrawal fee • GBP 10 fee will be levied for each cash withdrawal.

• Transfers in: No charge

• Transfer out (change of beneficial owner) = £15
Ad hoc service fees • Portfolio Transfer = £15 per share
• Internal Transfer = £15
• Relief at Source US Markets only USD 25.00 for 36 months

• FNB SPM does not charge initial fees

• Administration fee 0.25% per annum on all offshore funds excluding Money market
Unit Trusts
• 0.20% per annum based on market value relating to Ashburton money market funds
• A fee breakdown is available on request

Currency transactions • 0.50% per transaction with a minimum R500 per transaction

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
21
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Invest Fees

Global fees
Offshore fees

(Applicable to self-managed and self-managed with advice)

Asset Transfer Capacity (ATC) ATC fee charged per annum,

market value levied monthly
R0 to R20 000 000 0.40%

R20 000 001 to R50 000 000 0.30%

R50 000 001 to R75 000 000 0.20%

R75 000 001 and above 0.15%

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
22
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Invest Fees

Global fees
Custody fee on CREST depository interests

Market %
Euroclear Bank holding

All other types (except ETFs) 0.02

Australia 0.02

Austria 0.03

Belgium 0.0175

Clearstream Banking Luxembourg 0.03

Denmark 0.025

Finland 0.025

France (Equity) 0.0175

France (Gilt) 0.015

Germany 0.015

IETF's 0.015

Italy 0.025

Norway (Gilt) 0.02

Netherlands 0.0175

Portugal 0.055

Spain (Equity) 0.03

Spain (Gilt) 0.015

Sweden 0.025

Euroclear Bank holding (continued)

Switzerland 0.015

DTCC Holding

Canada 0.015

United States 0.015

Please note
We are entitled to change such fees and charges, immediately and without prior notice, when such changes are due to external
circumstances beyond our control in accordance with the terms and conditions and applicable laws.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
23
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Invest Fees

Global fees
Data subscriptions for real-time prices

We trade all equities on actual market data from the stock exchanges. To receive and trade on real-time
market data, you will have to subscribe independently to the individual exchange via third-party providers.
A subscription to live price data from an exchange gives you access to live prices on shares and ETFs from
the particular exchange.

An online subscription tool is available on the trading platform. In the tool, you will find a list of available
exchanges and news services alongside the applicable monthly fees. You will be able to subscribe to and
unsubscribe from services of your choice. Further information can be found in the subscription tool guide,
which is also available on the trading platform.

Level 1 or Level 2 data

Level 1 price data refers to the first level of the order book on the exchange. With a level 1 subscription
you can see live, streaming, bid and offer prices. With a Level 2 price data subscription, you can see live
streaming prices as with a level 1 subscription. In addition to this you can see the market depth of bid/offer
prices and the amounts available at each price point.

Please note:

We are entitled to change such fees and charges, immediately and without prior notice, when such changes
are due to external circumstances beyond our control in accordance with the terms and conditions and
applicable laws.

FNB Stockbroking and Portfolio Management (Pty) Ltd. Registration number 1996/011732/07. A subsidiary within the FirstRand Group of Companies.
An Authorised Financial Services Provider (member of the JSE).

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
24
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Invest Fees

Important information
QUICK LINKS

26 The small print

26 Standard terminology

Contact us
087 346 8378

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
25
 Invest
Transact Fees
Invest Lend Insure Lifestyle Fees

The small print

• These prices include VAT (except for FNBIT as VAT does not apply)
• Interest rates are personalised to you and appear on your account and credit card statement
• Visit FNB’s website for a copy of the terms, conditions and rules that govern our agreements
• If your credit facility goes into arrears, you will be liable for collection fees in accordance with the National Credit Act
• Should you require further information on any credit card products or services, please contact credit card Customer Enquiries
on 087 575 11 11 (standard rates apply)

Definitions
• Credit facility service fee is charged monthly to manage and maintain the Credit Facility. The fee may be added to the
outstanding balance and you may pay interest on the fee
• Credit card monthly account fee is charged monthly to manage and maintain your credit account

Information on our products and prices

• FNB, a division of FirstRand Bank Ltd. reserves the right to change fees or introduce new fees from time to time. If we do this,
we’ll give you at least 20 business days’ notice of these changes. You’ll find these changes on FNB’s website
• We strive to keep the information provided in the pricing guide as accurate as possible, and we will not be held responsible if
an error or omission is found
• You must apply for each facility or product individually
• The granting of any facility or product is subject to you meeting the qualifying criteria of that product or facility
• Each facility or product has a set of terms and conditions for that specific facility or product. We agree on these terms and
conditions with the applicant
• If there is disagreement between the product or facility specific terms and conditions and what’s outlined in this pricing guide,
we’ll follow the product or facility-specific terms and conditions that apply to such a facility or product. FNB reserves the right
to change the features of any product or facility at any time
• Fees quoted as ‘per R100’ include parts thereof
• Where cellphone banking is referred to, standard network rates apply
• All fees quoted are VAT inclusive (except for FNBIT as VAT does not apply) and are effective from
1 July 2024 to 30 June 2025

Standard terminology
If you want to compare FNB’s fees with those of other banks, we have, as far as possible, used standard terminology throughout
this pricing guide. In the case where we’ve used FNB-specific terminology, we’ve added this here showing the wording that other
banks may use.

Glossary of terms
FNB term (as used in this guide) Standard terminology

Card purchase Card transaction

Payment Third party payment/stop order

Slimline devices Mini ATMs

eChannels Online banking, telephone banking, Interactive Voice Response (IVR) and FNB ATMs

Mobile channels Cellphone banking and the FNB App

Terms, conditions and earn

eBucks
rules
earn
apply.
limits
Certain
apply.benefits
Certain benefits
are dependent
are dependent
on your account
on your account
and eBucks
andrewards
eBucks rewards
level level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
26
1
 Contact us
For more information contact.

087 346 8378

Help changes everything

Terms, conditions and eBucks earn limits apply. Certain benefits are dependent on your account and eBucks rewards level.
A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
27

JAW 5694 Stockbroking and Portfolio Management D9.1 • June 4, 2024 6:03 pm