Fees & Charges

Fees & Charges

• Transaction Fee-Free Banking
  • ATM withdrawal / balance enquiry* - Free
  • BPAY® transactions - Free
  • Direct debit - Free
  • Direct credit - Free
  • Internet banking transfers including Osko - Free
  • Periodical payments - Free
  • Transfers between accounts - Free
  • Visa Debit purchases - Free

  ^{*Applies to ATM withdrawals within Australia. See Special Services Fees for overseas ATM withdrawal fee. MoveBank does not charge eligible members for ATM transactions, however, individual ATM providers may charge fees for using their service.® Registered to BPAY Pty Ltd ABN 69 079 137 518}

• Special Service Fees

  Transaction Fees

  • Electronic transfer (urgent) - $25
  • Overseas ATM withdrawal - $5
  • Staff assisted transaction - $5
  • Overseas cash advance - $5
  • SWIFT processing fee - $5

  Visa Card Fees

  • Overseas currency fee** - 2% of transaction value
  • Replacement cards - Domestic (1st replacement is free) - $15
  • Replacement cards - Domestic urgent - $25
  • Replacement cards - Overseas (payable to Visa) - US $200

  ^{**All transactions made overseas on the VISA card are subject to a currency conversion fee. The amount of this currency conversion fee is subject to change from time to time and we will advise you in advance of any such change.}

  
  Document Fees

  • Paper statement fee (per month) - $3
  • Copy Fee - Statement Request (per statement) - $5
  • Record Search - In House (per hour) - $50
  • Record Search - Off Site (per hour) - Cost + $5
• Dishonour & Exception Fees
  • Dishonour - Direct Debit - $15
  • Dishonour - Quick Debit - $15
  • Honour Fee - $10
  • Late Payment Fee - $15
  • Overdrawn / Over Limit Fee - $10
• Dormant Account Fees
  • Dormant Account Fee* (per month) - $5
  • Dormant Administration Fee** - $15

  ^{*Charged after the account has been classified as dormant}

  ^{**Charged when the account is classified as a dormant account. This occurs when a member has not generated any activity on an account for more than 12 months. MoveBank advises the member prior to the account being classified as dormant.}

• Mortgage Loans & Flexi Credit Fees
  • Bridging Fee - $300
  • Consent Fee - $200
  • Construction Progress Draws (per draw down) - $50
  • Document Registration Fees (Government charge) - At cost
  • Economy Home Loan - Monthly Account Keeping Fee - $5
  • Establishment Fee - Standard mortgage purchase or refinance (includes one free valuation up to $205) - $600
  • Establishment Fee - Extra property (combined purchase/refinance) - $150
  • Establishment Fee - Other securities - $150
  • Establishment Fee - Home/investment loan- mortgage already held - $150
  • Fixed Rate Break Fee* - Estimate of our loss if repaid early
  • Fixed Rate Lock Fee** - $375
  • Flexi Credit Service Fee (per month) - $10 per month
  • Lenders Mortgage Insurance – paid to Mortgage Insurer - At cost
  • Loan Redraw - Online - Free
  • Loan Redraw - Staff Assisted - Free
  • Loan Switch Fee - $150
  • Mortgage Discharge – Administration - $350
  • Mortgage Discharge – Department of Natural Resources - At cost
  • Mortgage Discharge – Solicitors fees - At cost
  • Complete Package Fee (per year) - $395
  • Subdivision Request Fee - $500
  • Title Search - At cost
  • Valuation Fees (paid to Valuer) - At cost
  • Everyday & Offset Home Loan Split Fee~ - $50
  • Substitute Security Fee - $300
  • Paper statement fee (per month) - $3

  ^{*Interest adjustment in accordance with the contract}

  ^{**The rate lock fee secures a rate for a period of up to 45 calendar days from an agreed date, or upon final approval of your fixed rate mortgage loan, whichever is the sooner. This rate will remain secured regardless of whether there is a change in the secured fixed rate before your fixed rate mortgage loan is approved.}

  ^{~The split fee is charged for each split on the application.}

• Non-mortgage Loans & Flexi Credit Fees
  • Car Loan Rate Lock Fee* - $149
  • Establishment Fee – Secured Personal Loan - $195
  • Establishment Fee – Unsecured Personal Loan - $150
  • Establishment Fee – Overdraft - $150
  • Flexi Personal Credit Service Fee (per month) - $5
  • Loan Redraw - Online - Free
  • Loan Redraw - Staff Assisted (per redraw) - $25
  • Substitute Security Fee - $100
  • Paper statement fee (per month) - $3

  ^{*The fixed rate lock fee secures a rate for a period of up to 90 calendar days from the day the fee has been received by MoveBank. This rate will remain secured regardless of whether there is a change in the secured fixed rate before your fixed rate loan is funded.}

• Credit Card Fees
  • Annual Card Fee - $59
  • Late Payment Fee ** - $15
  • Overlimit Fee - $10
  • Paper Statement Fee (per month) - $3
  • Visa Cash Advance Fee - $5

  ^{** Late payment fee payable when we have not received the Minimum Repayment by the due date}

  ^{Please also refer to the Visa Card Fees under the Special Services Fees.}