Distribution Channels
General
Item Description | Fees & Charges |
---|---|
Completion of questionnaire - External Audit Certificate | E500.00 |
SEARCH FEES | |
Search Fee – charge for conducting searches for vouchers and other documents at the request of customers | E108.26 |
ELECTRONIC PAYMENTS | |
Internet transfer (Local Banks) | E78.15 |
Internet transfer (International)< | E156.30 |
CASH HANDLING | |
Cash Deposit (Personal & Schools) | Free |
Letter of instruction | E68.01 |
Swift Transfer – an instruction to our bankers to transfer funds using swift at the request of Customers. | 0.63% ( Min E156.30, Max E729.40) +65.65 |
STANDING INSTRUCTIONS | |
Establishment/ amendment and cancellation of standing order in our system | Free |
Establishment of External Standing Orders/ SFI debit orders | E67.73 |
Establishment of internal Standing Orders | E65.65 |
Establishment of internal Standing Orders to: investments ( PS/SB/Likwindla) | E65.65 |
Establishment of standing internal instruction to: Litsemba Funeral Insurance cover | Free |
Standing Order paying investments (PS/SB/Likwindla) | Free |
Third Party -Standing Order (Within SBS) | E22.92 |
Standing order to other Banks | E32.39 |
SFI Debit Order – loan repayments | Free |
Unpaid Stop Orders | E100 |
Unpaid SFI Debit Orders | E100 |
Amendment of Standing Orders | Free |
Amendment of SFI Debit order | Free |
Cancellation of standing Orders | Free |
FUND TRANSFER | |
Over-the-counter funds transfer (own account) | Free |
Over-the-counter funds transfer (3rd party) | E24.80 |
Account Maintenance Fees
Item Description | Fees & Charges |
---|---|
Balance Enquiries | E6.48 |
Statement Printout | 1 free monthly statement, For Additional statements, E10.00 per page |
Premature Closure | Free |
Dormant accounts | Free |
New issue of Fixed Deposit Receipts | Free |
Replacement of lost Fixed Deposit Receipts | Free |
Early Redemption of Investment
Item Description | Fees & Charges |
---|---|
Early Redemption of Fixed Deposit Receipts | E401.17, Interest will be calculated using ruling Special Call rate. (Not compounded). |
Early Redemption of Permanent Shares | |
Part Redemption of Permanent Shares without notice | 6% calculated on the withdrawal amount Min. E377.83- Max E2,159.02 |
Ordinary Savings and Sipatji
Item Description | Fees & Charges |
---|---|
Monthly Management Fees | E37.82 |
Over-the-counter withdrawal charge | 1.62%, Min E31.26 |
Gold Account & Special Savings
Item Description | Fees & Charges |
---|---|
1st two withdrawals are free for amounts E20 000 and below, 3rd and subsequent withdrawal charge | 1.62%, Min E31.26 |
Collection Account
Item Description | Fees & Charges |
---|---|
Collection Account in respect of School Fees, cash payment | Free |
Collection Charge in respect of Monies credited to a collection account | Free |
Special Rate Collection Accounts. | Free |
Inter account transfers | Free |
Commercial Services
Commercial - Sipatji for business | |
Monthly Management Fees | E104.20 |
Cash Handling | |
Retail SME’s Sipatji for Business Account | Free up to E30,000/ day, thereafter 1% of amount in excess of E30,000. |
Wholesale | 1.50% |
General | |
External Audit Certificate | E500.00 |
Early Redemption of Permanent Shares | |
Part Redemption of Permanent Shares without notice | 6% calculated on the withdrawal amount Min. E382.91 Max: E3000 |
Establishment Fees | |
Commercial Mortgage | 2% min E2590 |
Loan Administration Fees | |
Commercial Mortgage Loans – Vacant Land | E75.55 / Month |
Commercial Mortgage Loans – Developed | E75.55 / Month |
Consent to cancellation of Mortgage Bond | E340.21 |
Bond Rectification | E324.06 |
Guarantees | |
Property Guarantees (Whole transaction is financed by the Society) | 0.55% on amount or part thereof Min. E1,600.90 |
Performance Guarantees | 1.2% on amount or part thereof Min. E631.49 |
Tender Bond | 1.26% on amount or part thereof Min. E631.49 |
Mortgage Re- Advance | |
Mortgage Re -Advance – Commercial/Corporate | 2%, Min E2 698.78 Max E83 360 |
Building Loans | |
Professional Fees | 1% of the Contract amount Min. E1,403.57 |
USSD Mobile Banking(*800#)
Item Description | Fees & Charges |
---|---|
Own account transfer | Free |
Account Balance - screen | Free |
Mini Statement - screen | E4.32 |
Payments to SBS account | Free |
Value Added Services (Prepaid)
Item Description | Fees & Charges |
---|---|
Airtime Purchase MTN/ Eswatini Mobile | |
Data Bundles Purchase | E2.38 per E100, Max E6 |
Airtime Purchase | E2.38 per E100, Max E6 |
Electricity Purchase | E5.37 per E100, Max E6 |
EEC | E5.37 per E100, Max E6 |
Water Bill Payment | |
EWSC | E5.37 per E100, Max E6 |
Mobile Money Services
Item Description | Fees & Charges |
---|---|
ATM Mobile Money cash out | E10 - E500 = E9.17 |
E501 - E1000 = E14.58 | |
E1001 - E2000 = E27.53 | |
E2001 - E3000 = E37.24 | |
E3001 - E5000 = E47.42 | |
E5001 - E8000 = 1.1% | |
MOMO Pull (SBS to MOMO) | 1.67%, Min E31.26 |
MOMO Push (MOMO to SBS) | Free |
Debit Card Charges
Replacement / Secondary Card fees | E97.16 |
Replacement / Secondary Card fees (Diamond card) | E207.00 |
Card Monthly Fee (Diamond card) | E107.95 |
Quarterly Card fees (Diamond card) | E51.81 |
Quarterly Card fees (Gold & Platinum) | E31.08 |
Pin Replacement | E53.98 |
Chargeback dispute | E207.20 |
SMS notification | E0.99 |
Change Debit Card Daily Limit | Free |
In-Branch change of Debit Card Limit | E10.00 |
Debit Card transacting at SBS ATM | |
ATM Cash Withdrawal | E10 - E500 = E9.18 E501 - E1000 = E14.58 E1001 - E2000 = E27.53 E2001 - E3000 = E37.24 E3001 - E5000 = E47.42 E5001 - E8000 = 1.1% |
ATM Balance Enquiry | E6.22 |
ATM Funds Transfer | Free |
ATM Mini Statement | E6.48 |
ATM Cash Deposit | Free |
Domestic transacting - other Banks ATM | |
ATM Balance Enquiry | E10.80 |
ATM Cash Withdrawal | E53.98 +1.52% |
Transacting International - other Banks ATM | |
ATM Balance Enquiry | E10.80 |
ATM Cash Withdrawal | E53.98 +2.53% |
POS Domestic | |
Balance Enquiry | E6.46 |
Decline Fee | E8.65 |
POS Cash at Till | E21.59 |
POS domestic other banks | |
POS Decline Fee | E8.64 |
POS Purchase | E10.36 |
Balance Enquiry | E10.36 |
POS other banks International | |
POS Decline Fee | E12.95 |
POS Purchase | E10.80 |
POS Balance Enquiry | E10.80 |
Online transacting | |
Online Payment | E12.92 |
Online Payment Decline Fee | E12.92 |
Union Pay- (Acquiring) | |
Debit card acquiring | E57.31 |
Telephone Cost Recoveries
Item Description | Fees & Charges |
---|---|
Local Landline to Landline | E38.00 |
Local landline to Cell phone | E65.00 |
International calls: Outside CMA | E108.00 |
International calls: Within CMA | E81.00 |
Stationery Recoveries
Item Description | Fees & Charges |
---|---|
Fixed Deposit | |
New Issue | Free |
Replacement of Lost FDR | Free |
Other Recoveries | |
Photocopy | E26.99 per page |
Scan and Email | E20.00 |
Property Administration Charges
Item Description | Fees & Charges |
---|---|
Reminder Letters for missed rentals ( overdue) | E53.98 |
Lease Renewal/New Leasing | E296.97 |
Stamp Duty | 31 cents for every E100 of the rental amount |
Default penalty | Prime plus 2% of the arrear amount |
Property Inspection Fees
Item Description | Fees & Charges |
---|---|
Property Inspection by the Property Consultant / Ad hoc Maintenance Related / Regular Inspection every 2 years | |
Mbabane | E516.60 |
Manzini / Matsapha | E730.80 |
Outlying Areas ( Out of Mbabane / Manzini Corridor) | E1,191.00 |
Credit
Item Description | Fees & Charges |
---|---|
General | |
Consent to cancellation of Mortgage Bond | E340.21 |
Bond Rectification | E324.06 |
Establishment Fees | |
Residential mortgage (Individuals and SME's) | 2.0% (Max E8 000 for loans up to E2 million and Max E16 000 for loans above this threshold) |
Short Loan (E5000 min. loan) | 2.0% (Max.E7 000) |
Sipatji Advance (E5000 min. loan) | 2.0% (Max.E7 000) |
Home Plan (E5000 min. loan) | 2.0% (Max.E8 000) |
Guaranteed Loans (E5000 min. loan) | 2.0% (Max.E7 000) |
Guaranteed Loans – Motor Vehicles | 2.0% (Max.E7 000) |
Evaluation Fees
Item Description | Fees & Charges |
---|---|
Loan Administration Fees | |
Residential Mortgage Vacant Land | E75.55/ Month |
Residential Mortgage - Developed | E75.55/ Month |
Commercial Mortgage Loans – Vacant Land | E75.55/ Month |
Commercial Mortgage Loans – Developed | E75.55/ Month |
Home Plan | E75.55/ Month |
Short Loan | E75.55/ Month |
Sipatji Advance / USDF | E75.55/ Month |
Guaranteed loans - Motor vehicles | E75.55/ Month |
Default Administration Charges
Item Description | Fees & Charges |
---|---|
Special Mention | E57.22 |
Substandard | E79.88 |
Doubt | E102.55 |
Loss | E136.02 |
Reminder letters (1st , 2nd and final ) | E53.98 |
Guarantees
Item Description | Fees & Charges |
---|---|
Guarantees by the Society (Lending, Performance and Property Guarantees) | |
Cash Cover | 1.2% on amount or part thereof Min. E1124.32 |
Property Guarantees (Whole transaction is financed by the Society) | 0.55% on amount or part thereof Min. E1,579.67 Max. E6080.07 |
Extension/Amendments | E531.42 |
Performance Guarantees | 1.2% on amount or part thereof Min. E623.12 Max. E1,781.82 |
Guarantees Cancellation | E631.45 |
Tender Bond | 1.26% on amount or part thereof Min. E623.12 Max. E1,781.82 |
Mortgage Re-Advance
Item Description | Fees & Charges |
---|---|
Mortgage Re -Advance - Individuals and SME | 2.0% (Max E8 000 for loans up to E2 million and Max E16 000 for loans above this threshold) |
Building Loans
Item Description | Fees & Charges |
---|---|
Professional Fees | 1% of the Contract amount Min. E1,403.57 |
Stage Payments | E1700.23 per certificate |
Deeds Custody | E324.06 |
Cross Border Payments | |
Outgoing (Customer) | E68.38 |
Outgoing (Non- Customer) | E68.38 |
Incoming (Customer) | E20.73 |
Incoming (Non- Customer) | 1.55%, Min E103.61 |
Forex
Item Description | Fees & Charges |
---|---|
Buy and Sell Cash | 3% - min E90.00 no Max |
Exchange Control Application | E450.00 |
ePocket
Item Description | Fees & Charges |
---|---|
Send Money from Account | E20 - E500 = E7.55 E501 - E1000 = E8.64 E1001 - E2000 = E10.80 E2001 - E5000 = E16.19 |
Send Money from ePocket | E10.80 |
ATM Cash Out (First withdrawal up to E5000) | Free |
ATM Cash Out after first free withdrawal | E10 - E500 = E9.18 E501 - E1000 = E14.58 E1001 - E2000 = E27.53 E2001 - E3000 = E37.24 E3001 - E5000 = E47.42 E5001 - E8000 = 1.1% |
ePocket Dormant Fee | E5.00 |
ePocket Reversal Fee | E12.00 |