NBS Commercial Flexi

Providing total flexibility - combining your loan and overdraft facility into one easy to manage transactional account. The NBS Commercial Flexi simplifies your finances and can help minimise your interest, while providing you with a ready line of credit (up to an agreed limit).

 

NBS Commercial Flexi is ideal if you need an ongoing credit limit which allows you to access funds at any time.

  • Combines your loan and overdraft into on simple and easy-to-manage account
  • Your borrowings attract a variable interest rate, calculated on a daily basis, debited monthly
  • Draw and repay funds when it suits

NBS Commercial Flexi Loan

Interest rates start from 6.60% p.a.
No interest is paid on credit balances. Interest rates are subject to change.
Interest rates for NBS Commercial Lending are determined on a case by case basis. Talk to your NBS lending specialist.

 

NBS Commercial Flexi Fees

Monthly base fee $15.00
NBS Mobile and Lifestyle Net internal transfer fees $0.20
EFTPOS withdrawal $0.50
Other Bank ATM Transaction fees $1.50
Manual Transactions: Include cheque and staff assisted branch transactions and Lifestyle Net assisted transactions $0.50
Establishment Fee 1.00% (minimum charge $500)
Documentation Fee for Limit Increase 1.00% of increase limit (minimum charge $250)

NBS Service Fees

New Automatic Payment/Alter Automatic Payment - Via Branch or Lifestyle Net assisted $5.00
New Automatic Payment/Alter Automatic Payment - Via Lifestyle Net unassisted FREE
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Branch or Lifestyle Net assisted $5.00
New Bill Payment Authorities/Alter Bill Payment Authorities - Via Lifestyle Net unassisted FREE
Unpaid Automatic Payment/Bill Payment $15.00
Bank Cheque Issue $5.00 per cheque
Stopped Cheques $30.00 per cheque
Dishonoured Cheques/Direct Debits $30.00 per item
Cheque Clearance - 2 FREE per suffix, per day; then $0.25 per cheque
Special Answer Clearance on Cheques $30.00 per cheque
Statement Printing $2.00 per page
Document Searches $25.00 per half hour (minimum charge $25.00)
NBS Debit Mastercard Annual Card Fee $10.00
NBS Debit Mastercard Replacement Card Fee $10.00
NBS Lifestyle Net and NBS Mobile joining fee FREE

Cash Handling - Cash Transactions

Count While you Wait

Deferred Count

FREE up to $1,000 of notes and for up to $100 of coin per day; and then

$3.00 per $1000 of notes or part thereof, $3.00 per $100 of coin or part thereof per banking

$2.50 per $1000 of notes or part thereof, $2.50 per $100 of coin or part thereof per banking

Fees for cash count are rounded to the nearest $1,000 for notes and $100 for coin per banking

Supplying Notes and Coin to non-NBS Customers  
Notes $5.00 per transaction for the first $1,000, and $2.00 for each subsequent $1,000
Coin $5.00 per transaction for the first $100, and $2.00 for each subsequent $100
Interest is calculated daily, debited monthly on the last business day of each month. Fees are subject to change.

All lending is subject to NBS lending criteria, as well as the terms and conditions for each specific product. These are available from any NBS branch. Establishment fees and NBS service fees may also apply.

This facility is periodically reviewed and you may be required to provide an updated valuation and income verification.

Talk to your NBS lending specialist.