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Savings Service Charges

WEF: 12.02.2018   
Sr.No. Product Name IZB SAVE PLUS ACCOUNT
1 Target Group Children (under guidance) Individual and Joint Account holders
2 Account Opening Requirement KYC requirement as stipulated
3 Type of Account Pure Savings
4 Rate of Interest 6% p.a payable twice-yearly
5 Maintenance Charges Free
6 Minimum Balance Reqrmt K1,000/-
7 Minimum Balance Charge K25/-
8 Cheque Book charge N/A
9 Cash Withdrawals with withdrawal slip in a cheque issued account N/A
10 SMS Alert Free
11 Internet Banking Free (viewing only)
12 Monthly Statement Free once per month
13 Duplicate/Interim Statement K50/- per page
14 Transaction Fee Free
15 E-statement Available - Free
16 Closure of a/c K40/-
17 Cash Deposits (At any IZB Branch) Free
18 Cash withdrawal Charge (at any IZB
branch)
Free
(Withdrawals limited to one per month)
19 Issuance of Deposit Book Free
20 IZB Visa Chip Debit Card - Charges Issuance Fee-K30/-
Monthly Fee-Free
Renewal of Card -           Free
Card Replacement -
K100/- per card.
PIN Regeneration-K20/- per generaton.
21 IZB ATMs Cash Withdrawals-K6/-
Balance Enquiry-Free
Mini Stmnts – K3/-
22 Other Bank’s VISA enabled ATMS in
Zambia
Cash Withdrawal -K12/-
Balance Enquiry –
K 3/-
23 Other Banks VISA enabled ATMs (abroad) Cash Withdrawal – K25/-
Balance Enquiry – K10/-
24 Visa Dispute Fee $40
25 ATM Cash Withdrawal Limit per day (at IZB ATM / other ATM) K5,000 per day (subject to balance available in account)
26 Purchase transaction Limit per day K10,000 per day (subject to bal available in a/c)
27 Online Payment Limit per day K3,000 per day (subject to bal available in a/c)
28 Return of cheques NA
29 Stop Payment Instructions NA

WEF: 12.02.2018   
Sr.No Product Name IZB Classic Savings Account
1 Target Group Individual and Joint Account holders/Charitable
Organisations
2 Account Opening Requirement KYC requirement as stipulated
3 Type of Account Savings with cheque book facility
4 Rate of Interest 2.5% p.a payable twice-yearly
5 Maintenance Charges K20/- per month
6 Minimum Balance Reqrmt K250/-
7 Minimum Balance Charge K25/-
8 Cheque Book charge 25 leaves –K 2.50 per leaf
50 leaves –K2.20 per leaf
9 Cash Withdrawals with withdrawal slip in a cheque issued account K100/- per occasion
10 SMS Alert Free
11 Internet Banking Free
12 Monthly Statement On the ATM facility
13 Duplicate/Interim Statement K50/- per page
14 Transaction Fee Free
15 E-statement Available - Free
16 Closure of a/c K40
17 Cash Deposits (At any IZB Branch) Up to K 40,000/-Free
Above K 40,000/- per day of part thereof- K3/- per K5,000/- ; or part thereof Max. K150/-)   Coin deposit above K1,000/- 1%
18 Cash withdrawal Charge (at any IZB
branch)
K50/- per withdrawal over the counter
19 Issuance of Deposit Book K30/- per book
20 IZB Visa Chip Debit Card - Charges Issuance Fee-K30/-
Monthly Fee-Free
Renewal of Card -           Free
Card Replacement -
K100/- per card.
PIN Regeneration-K20/- per generaton.
21 IZB ATMs Cash Withdrawals-K6/-
Balance Enquiry-Free
Mini Stmnts – K3/-
22 Other Bank’s VISA enabled ATMS in
Zambia
Cash Withdrawal -K12/-
Balance Enquiry –
K 3/-
23 Other Banks VISA enabled ATMs (abroad) Cash Withdrawal – K25/-
Balance Enquiry – K10/-
24 Visa Dispute Fee $40
25 ATM Cash Withdrawal Limit per day (at IZB ATM / other ATM) K5,000 per day (subject to balance available in account)
26 Purchase transaction Limit per day K10,000 per day (subject to bal available in a/c)
27 Online Payment Limit per day K3,000 per day (subject to bal available in a/c)
28   Return of cheques   For financial reasons (Refer to Drawer) K 510/- per cheque
For other reasons - K 60/- per cheque
29 Stop Payment Instructions K250/- per occasion

WEF: 12.02.2018  
Sr.No Product Name Savings (TISUNGE)
1 Target Group Individual and Joint Account holders
2 Account Opening Requirement KYC requirement as stipulated
3 Type of Account Savings
4 Rate of Interest NIL
5 Maintenance Charges K5/- per month
6 Minimum Balance Reqrmt K100/-
7 Minimum Balance Charge K25/-
8 Cheque Book charge NA
9 Cash Withdrawals with withdrawal slip in a cheque issued account NA
10 SMS Alert Free
11 Internet Banking NA
12 Monthly Statement On the ATM facility
13 Duplicate/Interim Statement K50/- per page
14 Transaction Fee Free
15 E-statement NA
16 Closure of a/c K40
17 Cash Deposits (At any IZB Branch) Up to K 20,000/-Free
Above K 20,000/- per day of part thereof- K3/- per K5,000/- ; or part thereof Max. K150/-)   Coin deposit above K1,000/- 1%
18 Cash withdrawal Charge (at any IZB
branch)
K50/- per withdrawal over the counter
19 Issuance of Deposit Book K30/- per book
20 IZB Visa Chip Debit Card - Charges Issuance Fee-K30/-
Monthly Fee-Free
Renewal of Card -           Free
Card Replacement -
K100/- per card.
PIN Regeneration-K20/- per generaton.
21 IZB ATMs Cash Withdrawals-K6/-
Balance Enquiry-Free
Mini Stmnts – K3/-
22 Other Bank’s VISA enabled ATMS in
Zambia
Cash Withdrawal -K12/-
Balance Enquiry –
K 3/-
23 Other Banks VISA enabled ATMs (abroad) Cash Withdrawal – K25/-
Balance Enquiry – K10/-
24 Visa Dispute Fee $40
25 ATM Cash Withdrawal Limit per day (at IZB ATM / other ATM) K5,000 per day (subject to balance available in account)
26 Purchase transaction Limit per day K10,000 per day (subject to bal available in a/c)
27 Online Payment Limit per day K3,000 per day (subject to bal available in a/c)
28   Return of cheques   NA
29 Stop Payment Instructions NA

WEF: 12.02.2018 
Sr.No Product Name Savings (TONSE)
1 Target Group Individual and Joint Account holders
2 Account Opening Requirement KYC requirement as stipulated
3 Type of Account Savings
4 Rate of Interest NIL
5 Maintenance Charges K5/- per month
6 Minimum Balance Reqrmt K40/-
7 Minimum Balance Charge K25/-
8 Cheque Book charge NA
9 Cash Withdrawals with withdrawal slip in a cheque issued account NA
10 SMS Alert Free
11 Internet Banking NA
12 Monthly Statement On the ATM facility
13 Duplicate/Interim Statement K50/- per page
14 Transaction Fee Free
15 E-statement NA
16 Closure of a/c K40
17 Cash Deposits (At any IZB Branch) Up to K 20,000/-Free
Above K 20,000/- per day of part thereof- K3/- per K5,000/- ; or part thereof Max. K150/-)   Coin deposit above K1,000/- 1%
18 Cash withdrawal Charge (at any IZB
branch)
K50/- per withdrawal over the counter
19 Issuance of Deposit Book K30/- per book
20 IZB Visa Chip Debit Card - Charges Issuance Fee-K30/-
Monthly Fee-Free
Renewal of Card -           Free
Card Replacement -
K100/- per card.
PIN Regeneration-K20/- per generaton.
21 IZB ATMs Cash Withdrawals-K6/-
Balance Enquiry-Free
Mini Stmnts – K3/-
22 Other Bank’s VISA enabled ATMS in
Zambia
Cash Withdrawal -K12/-
Balance Enquiry –
K 3/-
23 Other Banks VISA enabled ATMs (abroad) Cash Withdrawal – K25/-
Balance Enquiry – K10/-
24 Visa Dispute Fee $40
25 ATM Cash Withdrawal Limit per day (at IZB ATM / other ATM) K5,000 per day (subject to balance available in account)
26 Purchase transaction Limit per day K10,000 per day (subject to bal available in a/c)
27 Online Payment Limit per day K3,000 per day (subject to bal available in a/c)
28   Return of cheques   NA
29 Stop Payment Instructions NA

WEF: 12.02.2018    
Sr.No Product Name Savings (TISUNGE)
1 Target Group Individual and Joint Account holders/Charitable Organisations
2 Account Opening Requirement KYC requirement as stipulated
3 Type of Account Savings with cheque book facility
4 Rate of Interest 2.5% p.a payable twice-yearly
5 Maintenance Charges K20/- per month
6 Minimum Balance Reqrmt K250/-
7 Minimum Balance Charge K25/-
8 Cheque Book charge 25 leaves –K 2.50 per leaf
50 leaves –K2.20 per leaf
9 Cash Withdrawals with withdrawal slip in a cheque issued account K100/- per occasion
10 SMS Alert Free
11 Internet Banking Free
12 Monthly Statement On the ATM facility
13 Duplicate/Interim Statement K50/- per page
14 Transaction Fee Free
15 E-statement Available - Free
16 Closure of a/c K40
17 Cash Deposits (At any IZB Branch) Up to K 40,000/-Free Above K 40,000/- per day of part thereof- K3/- per K5,000/- ; or part thereof Max. K150/-) Coin deposit above K1,000/- 1%
18 Cash withdrawal Charge (at any IZB
branch)
K50/- per withdrawal over the counter
19 Issuance of Deposit Book K30/- per book
20 IZB Visa Chip Debit Card - Charges Issuance Fee-K30/-
Monthly Fee-Free
Renewal of Card -           Free
Card Replacement -
K100/- per card.
PIN Regeneration-K20/- per generaton.
21 IZB ATMs Cash Withdrawals-K6/-
Balance Enquiry-Free
Mini Stmnts – K3/-
22 Other Bank’s VISA enabled ATMS in
Zambia
Cash Withdrawal -K12/-
Balance Enquiry –
K 3/-
23 Other Banks VISA enabled ATMs (abroad) Cash Withdrawal – K25/-
Balance Enquiry – K10/-
24 Visa Dispute Fee $40
25 ATM Cash Withdrawal Limit per day (at IZB ATM / other ATM) K5,000 per day (subject to balance available in account)
26 Purchase transaction Limit per day K10,000 per day (subject to bal available in a/c)
27 Online Payment Limit per day K3,000 per day (subject to bal available in a/c)
28   Return of cheques   For financial reasons (Refer to Drawer) K 510/- per cheque For other reasons - K 60/- per cheque
29 Stop Payment Instructions K250/- per occasion

Sr.No.
Nature
Charges
1.
Remittances (Kwacha)
(a) Banker’s cheque
(b) Cancellation of Banker’s cheque
(c) Issuance of duplicate Banker’s
cheques in lieu of lost cheque
(d) Cancelling of lost Banker’s cheque
ii) Other remittances
a) Within IZB branches
b) Other Banks
(RTGS)
iii) DDACC
iv) Transfer of funds on closure of account
K 100/- plus VAT
K 50/-

K 75/-
K 100/-

Free
K 40/- per transaction
K25/- per transaction
K 50/- per transfer
2.
Balance confirmation charges K150/- per certificate
3.
Authentication/ Authorisation/
Verification of other documents
K50/- per document for
confirmation/ authorization
/verification of documents
4.
Standing Order
Charges

i) Setting up charges
ii) Processing (internal) intra-bank
iii) Processing (external) Inter-bank
iv) Amendment
K50/-
K20/- per
transaction
K40/- per
transaction
K50/- per
transaction
5.
Dormant Account Free
6.
Reactivation of Account
(only if closed within last 6 months)
Free
7.
Photocopies at customer’s
request
K 10/- per page
8.
ZRA Online Tax Payment K25/- per
certificate