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  • Barclays Bank Of Botswana 2017 Tariff Guide

    To our valued customers, Barclays Bank Of Botswana 2017 Tariff Guide

    These changes will be effective from 14th October 2017

    Internet Charges

    Type of transaction Hello Money (mobile banking) Internet Banking
    Balance Enquiry Free Free
    Cheque Book Ordering Free Free
    Statement Free Free
    Viewing of Fixed Deposit rates Free Free
    Ordering of old statement N/A Free
    Setting of stop orders N/A Free

    Funds Transfer

    Own Accounts P2.13 per transaction P1.17 per transaction
    Other Barclays Accounts P2.13 per transaction P2.13 per transaction
    Other Banks P3.20 per transaction P2.55 per transaction
    Bill Payments P2.13 per transactione P2.13 per transaction
    Mobile Top Up P0.54 per transaction P0.50 per transaction
    SMS Alerts P0.23 per alert P0.23 per alert

    Transactional Accounts -Single fee

      Isago
    Account
    Bank
    Account
    Ultimate Account Prestige
    Ultimate Account
    Premier
    Ultimate Account
    Barclays Premier League Account
    Charge P36.11 P60.23 P87.77 P181.68 P239.17 P70.00 (if balance fals below P2500)
      Package
    includes
    Package
    includes
    Package
    includes
    Package
    includes
    Package
    includes
    Package
    includes
    ATM Withdrawal
    (Barclays
    ATMs)
    2 Free Free Free Free Free Free
    Over the counter withdrawal 1 Free 2 Free 3 Free Free Free 3 Free
    Cheque Deposits 1 Free Free Free Free Free Free
    Maintenance Fees Free Free Free Free Free Free
    Account Transfers
    (Barclays to Barclays)
    Free Free Free Free Free Free
    ATM Mini statements Free Free Free Free Free Free
    Balance Enquiry Free Free Free Free Free Free
    Cheque Book 1st Free 1st Free 1st Free 1st Free 1st Free 1st Free
    Interim Statements 1st Free 1st Free 1st Free 1st Free 1st Free 1st Free
    Funeral Cover Free (cover limited
    to P1000)
    N/A Free (cover up to P10,000) Free (cover up to P15,000) Free (cover up to P20,000) N/A
    Point of Sale Free Free Free Free Free Free
    N.B : Extra transactions included in package will be charged on a pay as you go basis.

    Other Transactional Accounts

      Charge
    Prestige Membership fee (per month) P96.39
    High Value Current Account

    Maintanance fee

    P15.59
    Activity fee (only if balance falls below P25,000) P13.44
    Bank/Current Account treat
    Maintenance fee per month P12.66
    Activity fee per entry P12.21
    Isago pay as you go

    Maintenance fee per month

    P12.66
    Activity fee per entry(includes Isago Bank Account) P12.21
    Ignition Transact Account
    Maintenance fee P5.15
    Counter withdrawal fee P19.47

    Transactional Accounts-General

    Uncrossing of cheques (non-customers) fee Free
    Access to custody item fee Free

    Barclays-to-Barclays standing order fee

    P5.15
    Barclays to other banks standing order fee P35.09
    Standing orders for savings and loans fee P5.15
    Branch inter-account tranfer P10.00
    Unpaid items due to lack of funds fe(include loans and credit card) P326.37

    Issues of bank cheques fee/Bank guarantee cheques

    P68.02
    Deposit slips/cheque copies fee P53.07
    Cash Handling Deposit fee 0.30 of P100
    Dormant account monthly fee P7.25
    Encroachment rate fee 20% above prime base
    Closing of account Free
    Returned post-dated cheques fee P44.86
    Retail breaking of time deposits fee P287.10
    Corporate breaking of time deposits P287.10 + Claw back on interest
    Unauthorised overdraft/excess rate fee P139.75
    6 months safe custody fees  
    • Envelopes
    P181.69
    • Small deed box
    P302.82
    • Medium box
    P440.53
    • Large box
    P605.64
    Over-the-counter withdrawal fee
    P21.35
    Copies of bank statement fees - Interim statement P21.02
    • Old statement
    P28.37
    Stop cheque/payments P144.28
    Cheque book cost (40 Forms) P28.37
    Cheque book cost (100 Forms) P70.50

    Business and Corporate Banking

    Maintenance fee (per month) P52.20
    Activity fee (per transaction) P21.40
    Bulk Deposits fee 0.180%
    Branch deposits fee 0.240%
    Inter Account Sweep Fee P10.34

    Business and Corporate - General

    Auditors information charge P363.40
    balance and transaction reporting
    0.10% min P62.20 max P512.10
    Bulk Exchange of Pula notes for small denominations (Barclays customers)fee Free
    Interest on authorised overdraft Negotiable
    Lost night safe wallet fee Free
    Merchant charge from VISA per transaction 2.04% to 5.10%
    Merchant charge from AMEX per transaction 2.54% to 5.10%
    Money transmission (per month) electronic mail P278.20
    Night safe per wallet charge (per quarter) Free
    Point of sale installation fee P425.49
    Rentals  
    • 1-4 POS machines per month
    P133.00
    • 5-9 POS machines per month
    P106.31
    • 10 POS machines upwards per month
    P88.63
    Charge for obtaining and issuing status report Free

    Bonds, Guarantees & Indemnity Establishments

    Establishment fee Price based on risk profile min P358.14
    AAmendments - Increase of amount (chargeable on increase) Price based on risk profile min P166.67
    Extension to tenure Price based on risk profile min P166.67
    Others P198.79

    Intergrator System - Enteprise Banking (former Local Business)

    Membership P144.51 per month
    Set up costs P115.40 flat once off cost
    support/consultants  
    zone 1 (0-200km) P185.60 flat
    zone 2 (201-500km) P604.00 flat
    zone 3 (501-and above) P785.30 flat
    telephonic support Free Free
    smart card / token P146.63 per card
    token reader P497.32 per reader
    replacement of smart card / token P139.62 per card
    cancellation of service P55.60
    re training P120.80 flat per company
    license fees P120.10/annum/card

    Intergrator System - Businesses and Corporate Banking

    Membership P293.26/month /sign up.group accounts>5 companies
    P50.90/additional company max P600.59
    Set up costs P248.61 flat once off
    support/consultants  
    zone 1 (0-200km) P185.60 flat
    zone 2 (201-500km) P618.60 flat
    zone 3 (501-and above) P804.20 flat
    telephonic support Free
    smart card / token P146.63
    token reader P497.32 per reader
    replacement of smart card / token P139.62 per card
    cancellation of service P123.90 flat
    re training P123.70 flat/company
    license fees P120.10 flat/company
    night safe per wallet (per quarter) P69.65
    point of sale installation P399.13
    • 1-4 POS machines per month
    P124.76
    • 5-9 POS machines per month
    P99.72
    • 10 POS machines per month
    P83.14
    Charge for obtaining and issuing status report Free
    Automated Regular Payments/Automated Funds Transfer:  
    Direct Credits P7.20
    Direct Debits P7.20
    Manual Payments - domestic (per entry) P23.25

    Swift Services

    International Money Transmission  
    Inward Transfer - Mail / Telegraphic (Foreign Currency ) 0.25% min P74.60 max P372.00
    Inward Transfer - Mail / Telegraphic (Local Currency ) 0.25% min P69.96 max P361.16
    - Negotiation of cheques, sight drafts, tenor bills Approved at 0.50% min P65.70 max P1085.50
    Outward Tranfers (all currencies) 0.25% 
    - RTGS - Real Time Gross Settlement 0.25% min P74.60 max P348.95
    - Foreign Currency 0.25% min P72.41 max P372.00
    Swift Charges:  
    -Within Africa P79.80 to P240.00
    - Outside Africa P154.90 to P352.05
    - Swift / Telex amendment P112.80 Flat fee
    - Issue of draft / IMO 0.20% min P147.50 max P618.62
    - DRAFT /IMO (Purchase / Replace / Stop) P49.30
    Collection Charges  
    Outward Collections Handling fee  
    - Documentary bills 0.56% min P455.08 max P1000
    - Clean bills 0.40% min P234.00 max P500
    Inward Collections Handling fee  
    - Documentary bills 0.56% min P439.69 max P1000
    - Clean bills 0.35% min P242.19 max P517.50
    Holding charge P339.00
    Courier Charge Actual cost + handling fee of P57.70
    Extension of maturity date P122.80
    Availising of a bill P329.13

    Letters of credit

    Handling /Advising P398.88
    Document examination  
    - Inward 0.25% min P455.08
    - Outward 0.25% min P103.23
    Cofirmation fee 0.56% min P439.69
    Amendments  
    - Extension to tenure (inward) 0.56% per 6 months or less, min P354.48 max P1000
    - Extension to tenure (outward) 1.12% per 6 months or less, min P439.69 max P20000
    Document discrepancy P1120 Flat
    Others  
    - Increased amount P198.42 Flat
    - Amendment fee P198.42
    Establishment fee (import letter of credit per 3 months period or part thereof) Price based on risk profile min P368.41
    Working Capital  
    Purchase Order Finance Negotiable based on risk profile
    Purchase Order Finance Admin fee 1.00%
    Overdraft facility Negotiable based on risk profile
    Overdraft facility Admin fee 1.00%

    Foreign Currency Accounts

    Maintanance (No charge unless balance falls below the minimum balance required to earn interest) P33.07

    Transactions

    Foreign Currency Cash- Purchase /Sales 2.80% min P18.60
    Foreign cheque negotiated 2.80% min P46.80 max P149.90
    Travellers cheque sales/purchases 2.80% min P45.40 max P618.60
    VISA travellers cheques encashment Free
    Non-VISA travellers cheques encashment P23.80
    Correspondents' Charges (cheque presentation drawn on
    other banks) (Equivalent to correspondent bank charge):
     
    - United States Dollar $28.70
    - British Sterling £20.80
    - New Zealand Dollar NZ$27.70
    - South African Rand R78.20
    Correspondents' Charges (cancelled / stopped drafts / IMO):  
    - United States Dollar $27.00
    - British Sterling £20.10
    - New Zealand Dollar NZ$27.00
    - South African Rand R73.10
    - Historical Exchange Rate per sheet P27.00

    NB : All prices are VAT inclusive

  • More Tariffs

    Savings Accounts

    Isago/Lekgolo/Bonus Accounts  
    - 1 withdrawal per quarter Free
    - Fee for additional withdrawals P31.98
    Motshelo Account: P10.35
    Cash/Cheque deposits Free
    High Interest & Instant Savings: Free
    Account maintenance fee if balance < P5 000.00 P12.34
    Activity fee if balance < P5 000.00 P11.64
    Standing order on savings accounts P5.15

    ATM & Debit Card Charges

    Barclaycash Plus Transactions:  
    ATM encashment fee P2.77
    ATM encashment fee at other banks P6.05
    ATM outside Botswana P31.16
    ATM Cash Deposit 0.45 per P100
    ATM Mini-Statement P1.55
    Additional Debit Card issued P61.80
    ATM/Debit Card replacement P63.96
    Foreign Currency Conversion rate 1.81% of the transaction amount
    Balance Enquiry (own ATMs) P0.62
    Balance Enquiry (other banks ATMs) P1.07
    Cash Send P9.60
    Cash Back at Point of Sale P2.48
    Declined ATM/POS withdrawal (insufficient funds)  
    - Local P1.38
    - International P5.15
    Point Of Sale - own machines P1.19
    Point Of Sale - other banks machines P1.19
    Point Of Sale - international P5.95

    Barclaycard Credit Card (Pula based)

    Fee item Fee amount
    Unutilised limits 1% of the unutilised amount
    Joining fee P168.94
    Annual fee (Classic, BPL & Gold) P168.94
    Annual fee (Platinum) P2,307.20
    Cash handling fee 2.24% min P25.23
    Foreign Currency Conversion Rate 1.87% of transaction amount
    Cash Advance fee local 2.24% min P25.23
    Barclaycard late payment fee P25.75
    Barclaycard over limit fee P51.50
    Barclaycard unpaid due to lack of funds P103.00
    Barclaycard replacement fee P51.50
    Declined Point Of Sale - own POS device P0.50
    Declined Point Of Sale - other banks POS  P0.50
    Declined Point Of Sale -international P0.50
    Copy of historical statement P25.00
    Voucher retrieval per voucher paid P100.00
    Insurance fee (per P1 000.00 spent) payment protection P1.52

    Loans Processing Charges

    Administration Fee P53.75
    Barclayloan/Prestige loan processing fee (% loan facility) 1.12% min P287.50 max P1363.95.83
    Premier loan processing fee 1.12% min P700.34 max P2727.92
    Car loan processing fee 1.12% min P704.33 max P6402.88
    Graduate loan processing fee 1.12% min P193.40 max P289.67
    Executive loan processing fee 1.12% min P827.96 max P6402.88
    Home loan processing fee 1.12% min P877.68 max P8144.45
    Facility negotiation fee (on overdrafts, loans and lease loans) 1.12% min P695.01 max P5920.39
    Standing order charge for loan repayments Free
    Early settlement of loan penalty fee 30 days interest on balance
  • Interest Rates

    These are the current rates and any changes will be communicated through the local media and Barclays Bank branches. Rates for Call Accounts change from time to time. Please always check with your branch for current rates. Local Currency Rates are linked to the Reference Rate (88 Day Deposit Rate) which is currently at 2%. Special rates  for P1 Million and above may be negotiated with our Retail Products  team on telephone number +267 367 2881/ 3675404/3672862.

    For all Corporate rates, please contact Corporate Department on telephone 3952041.

    Click on the below link to get the Interest Rates details.

    Product Interest Rates on all Current, Savings, Call & Fixed Deposit Accounts PDF (67 KB)

    Barclays Bank of Botswana Deposit interest rates as at August 2017
    Type of deposit account Nominal rates Actual rates Minimum opening balance (BWP)
    Call 0.00% - 2.96% 0.00% - 3.00%  10,000
    Savings 0.00% - 2.97% 0.00% - 3.00% 100
    Fixed Deposit
    1-month Fixed Deposit 0.10% - 0.10% 0.10% - 0.10% 1,000
    3-month Fixed Deposit 2.00% - 2.00% 2.02% - 2.02% 1,000
    6-month Fixed Deposit 2.03% - 2.20% 2.04% - 2.21% 1,000
    12-month Fixed Deposit 2.25% - 2.75% 2.25% - 2.75% 1,000
    24-month Fixed Deposit 2.60% - 3.30% 2.60% - 3.30% 1,000
    36-month Fixed Deposit 2.70% - 3.50% 2.70% - 3.50% 1,000
    Prime rate 7.00%  
  • Daily Exchange Rates

    Click on this link to get the daily interest rates

    Daily Exchange Rates PDF (144 KB)

Need more help?

Call:

Tel: +267 315 9575
Fax: +267 395 9780
BTC Toll free: 080 060 0444
Mascom Toll free: 150

Email:

botswana.customerservice@barclays.com

Talk to us

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