FEES AND CHARGES

Effective August 2021

Level 9, Kina Bank Haus Telephone +675 308 3800

Douglas Street PO Box 1141 Facsimile +675 308 3899
Port Moresby NCD 121 Email kina@[Link] [Link]
PAPUA NEW GUINEA Swift KINIPGPG
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

BRANCH

Monthly Account
N/A Free N/A N/A N/A N/A N/A N/A
Maintenance Fee

Minimum Opening Balance K10 K50 K50 K500 K500 K500 K500 K5,000

Monthly Account –
N/A N/A Free Free Free Free Free Free
Average Bal > K5,000

Monthly Account –
N/A N/A K10/month K20/month K20/month K20/month K20/month Free
Average Bal < K5,000

Minimum Monthly Balance

N/A N/A K10 K10 K10 K10 K10 Free
Fee (<K500)

Dormant Account Fee K4/month K4 per month K10/month K10/month K10/month K10/month K10/month K10/month

Account closed within

K25 K25 K25 K25 K25 K25 K25 K25
6 months of opening

CASH HANDING FEES/OVER THE COUNTER

Over the counter withdrawal fee K5 per transaction K10 per transaction K5 per transaction K5 per transaction K5 per transaction K5 per transaction K5 per transaction K5 per transaction

Cash Deposits < K20,000 Free Free Free Free Free Free Free N/A

Cash Deposits > K20,000 K5 per transaction Free K5 per transaction1 K5 per transaction1 K5 per transaction1 K5 per transaction1 K5 per transaction1 N/A

Cash Withdrawals < K5,000 K5 per transaction K10 per transaction K5 per transaction K5 per transaction K5 per transaction K5 per transaction K5 per transaction N/A

Cash Withdrawals > K5,000 K5 per transaction K10 per transaction K5 per transaction2 K5 per transaction2 K5 per transaction2 K5 per transaction2 K5 per transaction2 N/A
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

OTHER FEES

Issue Bank Cheque K25 N/A K25 K25 K25 K25 K25 N/A

Duplicate Statement K20 per statement K20 per statement K20 per statement K20 per statement K20 per statement K20 per statement K20 per statement K20 per statement

Transaction Printout K10 per print out K10 per print out K10 per print out K10 per print out K10 per print out K10 per print out K10 per print out K10 per print out

Voucher Copy K10 per print out K10 per print out K10 per print K10 per print K10 per print K10 per print K10 per print K10 per print

Search Fee N/A N/A N/A K50/hr K50/hr K50/hr K50/hr K50/hr

Stop Payment
N/A N/A N/A K25 K25 K25 K25 N/A
(per item/range of items)

Kina Card Replacement Fee

K20 N/A K20 K20 N/A N/A N/A N/A
(Card damaged/Lost/Stolen)

TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

Temporary Unauthorised
N/A N/A N/A K100/instance K100/instance K100/instance K100/instance N/A
Overdraft Fee

Prescribed Rate Prescribed Rate Prescribed Rate Prescribed Rate

Unauthorised Overdraft Interest N/A N/A N/A plus 6% (Min plus 6% (Min plus 6% (Min plus 6% (Min N/A
charge K20) charge K20) charge K20) charge K20)

K100 plus any

Fixed Deposit Break Fee N/A N/A N/A N/A N/A N/A N/A applicable interest
penalty
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

CHEQUE FEES

Cheque Book (25 leafs) N/A N/A N/A K10 K10 N/A N/A N/A

Cheque Book (50 leafs) N/A N/A N/A K15 K15 N/A N/A N/A

Cheque Book (100 leafs) N/A N/A N/A K30 K30 N/A N/A N/A

Cheque Book (200 leafs) N/A N/A N/A K60 K60 N/A N/A N/A

Cheque Processing Fee -

N/A N/A N/A Free Free N/A N/A N/A
First 10 cheques each month

Cheque Processing Fee –

N/A N/A N/A K0.50t/cheque K0.50t/cheque N/A N/A N/A
Subsequent Cheques

Cheque Returned - Irregularities N/A N/A N/A K50 K50 N/A N/A N/A

Cheque Returned –
N/A N/A N/A K50 K50 N/A N/A N/A
Insufficient Funds

Special Answer on Kina Cheques N/A N/A N/A K100 K100 K100 K100 N/A

Special Answer for Other

N/A N/A N/A K100 K100 K100 K100 N/A
Bank Cheques

0.125% of 0.125% of 0.125% of 0.125% of

Inward Clean Collection N/A N/A N/A Amount (Min Amount (Min Amount (Min Amount (Min N/A
charge K100) charge K100) charge K100) charge K100)

Inward Item Returned Unpaid N/A N/A N/A K25/item K25/item K25/item K25/item N/A

Inward Dishonour Fee N/A N/A N/A K50 K50 K50 K50 N/A

Outward Clean Collection N/A N/A N/A K150 K150 K150 K150 N/A
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

KINA KONNECT

Funds Transfer (Own Accounts) K.0.50t Free Free Free N/A N/A N/A N/A

Funds Transfer (Kina Bank) <K75 K0.50t K0.50t K0.50t K0.50t N/A N/A N/A N/A

Funds Transfer (Kina Bank)

K0.50t K0.50t K1 K1 N/A N/A N/A N/A
K75 - K250

Funds Transfer (Kina Bank)

K0.50t K0.50t K1.50 K1.50 N/A N/A N/A N/A
> K250

Funds Transfer (Other Bank)

K0.50t K1 K1 K1 N/A N/A N/A N/A
<K75

Funds Transfer (Other Bank)

K0.50t K1 K1.50 K1.50 N/A N/A N/A N/A
K75 – K250

Funds Transfer (Other Bank)

K0.50t K1 K2 K2 N/A N/A N/A N/A
K250

K0.30t K0.30t
Phone Top Up (All Networks) K0.30t K0.30t (3 free, then charge (3 free, then charge N/A N/A N/A N/A
thereafter) thereafter)

K0.30t K0.30t
PNG Power Mobile Top Up K0.30t K0.30t (3 free, then charge (3 free, then charge N/A N/A N/A N/A
thereafter) thereafter)

K0.30t K0.10t K0.10t

K0.10t (3 free, then
Mini Statement (1 free, then charge (3 free, then (3 free, then charge N/A N/A N/A N/A
charge thereafter)
thereafter) charge thereafter) thereafter)

K0.30t K0.10t K0.10t

K0.10t (3 free, then
Balance Enquiry (1 free, then charge (3 free, then charge (3 free, then charge N/A N/A N/A N/A
charge thereafter)
thereafter) thereafter) thereafter)
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Management Cash Management

Kina Tomorrow Cheque Account Cheque Account Fixed Deposit
Fee Description Kina Everyday Savings Account Account Account
Savings account (individual) (Business) Account
(Individual) (Business)

EFTPOS SERVICE

KinaCard on Kina Not Applicable. No

Free Free Free N/A N/A N/A N/A
Eftpos Terminal card linked.

Balance Check on Not Applicable. No

Free Free Free N/A N/A N/A N/A
Kina Eftpos Terminal card linked.

Local Card POS Acquiring Not Applicable. No 1% of the purchase

N/A N/A N/A N/A N/A N/A
(Kina Merchant Service Fee) card linked. value

Merchant POS Rental (Terminal Not Applicable. No

N/A N/A N/A K50 per terminal N/A N/A N/A
Monthly Rental – Single Sim) card linked.

Merchant POS Rental (Terminal Not Applicable. No

N/A N/A N/A K80 per terminal N/A N/A N/A
Monthly Rental – Dual Sim) card linked.

BPNG POS Acquiring Not Applicable. No 1% of the purchase

N/A N/A N/A N/A N/A N/A
(Merchant Service Fee) card linked. value

MasterCard POS Acquiring Not Applicable. No 5% of the purchase

N/A N/A N/A N/A N/A N/A
(Merchant Service Fee) card linked. value

Visa POS Acquiring Not Applicable. No 5% of the purchase

N/A N/A N/A N/A N/A N/A
(Merchant Service Fee) card linked. value

UPI POS Acquiring Not Applicable. No 5% of the purchase

N/A N/A N/A N/A N/A N/A
(Merchant Service Fee) card linked. value

Early Termination Fee (per Kina Not Applicable. No

N/A N/A N/A K500 N/A N/A N/A
Merchant Facility terminated) card linked.

Damage Terminal Fee Not Applicable. No

N/A N/A N/A K1000 N/A N/A N/A
(for each terminal damaged) card linked.
 TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Management Cash Management

Kina Tomorrow Cheque Account Cheque Account Fixed Deposit
Fee Description Kina Everyday Savings Account Account Account
Savings account (individual) (Business) Account
(Individual) (Business)

ATM SERVICE

Cash withdrawal at Kina ATM, Not Applicable. No

K0.75t Free Free N/A N/A N/A N/A
using your KinaCard card linked.

Cash withdrawal at Other Local Not Applicable. No

Free Free Free N/A N/A N/A N/A
Banks ATM, using your KinaCard card linked.

Balance enquiry at Kina ATM, Not Applicable. No

Free Free Free N/A N/A N/A N/A
using your KinaCard card linked.

Balance enquiry at Other Local Not Applicable. No

K0.50t per enquiry K0.50t K0.50t N/A N/A N/A N/A
Banks ATM, using your KinaCard card linked.

Mini Statement at Kina ATM, Not Applicable. No

K0.50t N/A Free N/A N/A N/A N/A
using your KinaCard card linked.

Balance Enquiry at Kina ATM, Not Applicable. No

K0.50t N/A N/A N/A N/A N/A N/A
using other Bank Card card linked.

Cash Withdrawal at Kina ATM, Not Applicable. No

K0.50t N/A N/A N/A N/A N/A N/A
using other Bank Card card linked.

*Kina Bank does not charge any fee for use of other bank ATMs, however the other bank may levy a fee for balance enquiry or withdrawal from their ATMs.
TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

INTERNET BANKING (MOBILE APP) SERVICE

Funds Transfer Own Account K0.50t Free Free Free Free Free Free N/A

Funds Transfer Other

K0.50t K0.50t K0.50t K0.50t K0.50t K0.50t K0.50t N/A
Kina Account

Funds Transfer Other

K0.50t K1 K1 K1 N/A N/A N/A N/A
Bank Account

K0.30t K0.30t
Mobile Top Up (All Networks) K0.30t K0.30t (3 free, then charge (3 free, then charge N/A Free N/A N/A
thereafter) thereafter)

K0.30t K0.30t
PNG Power Mobile Top Up K0.30t K0.30t (3 free, then charge (3 free, then charge N/A Free N/A N/A
thereafter) thereafter)

Bill Payment K0.60t N/A K0.60t K0.60t K0.60t K0.60t K0.60t N/A

Salary Crediting By File

N/A N/A N/A N/A K0.25t N/A K0.25t N/A
Upload Other Kina

Deposited Cheque Enquiry N/A N/A N/A N/A Free N/A Free N/A

Loan Payment N/A N/A Free Free Free Free Free N/A

Statement Request N/A Free N/A N/A Free N/A Free N/A

Bank Cheque Order N/A N/A N/A N/A Free N/A Free N/A
 TRANSACTION ACCOUNT FEES TRANSACTIONAL PRODUCTS

Cash Cash
Kina Tomorrow Cheque Account Cheque Account Management Management Fixed Deposit
Fee Description Kina Everyday Savings Account
Savings account (individual) (Business) Account Account Account
(Individual) (Business)

INTERNET BANKING (WEB) SERVICE

Funds Transfer Own Account K0.50t Free Free Free Free Free Free N/A

Funds Transfer Other

K0.50t K0.50t K0.50t K0.50t K0.50t K0.50t K0.50t N/A
Kina Account

Funds Transfer Other

K0.30t K1 K1 K1 K1 K1 K1 N/A
Bank Account

K0.30t K0.30t
Mobile Top Up (All Networks) K0.30t K0.30t (3 free, then charge (3 free, then charge N/A Free N/A N/A
thereafter) thereafter)

K0.30t K0.30t
PNG Power Mobile Top Up K0.30t K0.30t (3 free, then charge (3 free, then charge N/A Free N/A N/A
thereafter) thereafter)

Bill Payment K0.60t N/A K0.60t K0.60t K0.60t K0.60t K0.60t N/A

Telegraphic Transfer Payment K50 N/A K50 K50 K50 K50 K50 N/A

Deposited Cheque Enquiry N/A N/A N/A Free Free Free Free N/A

Loan Payment N/A N/A Free Free Free Free Free N/A

Statement Request K0.30t Free Free Free Free Free Free N/A

Bank Cheque Order N/A N/A N/A N/A Free N/A Free N/A

Notes:
Cash Handling Fees
• Plus 1.0% of amount over K20,000
1

• Plus 1.0% of amount over K5,000

2

N/A - Service/feature is not applicable

CASH MANAGEMENT ACCOUNT INTEREST RATES

Interest Payable

Daily Balance K0 – K4,999 Nil Interest

Daily Balance K5,000 – K249,999 0.25%p.a.

Daily Balance K250,000 – K499,999 0.50%p.a.

Daily Balance K500,000 – K999,999 0.75%p.a.

Daily Balance K1,000,000 – K4,999,999 1.00%p.a.

Daily Balance > K5,000,000 1.50%p.a.

INTERNATIONAL SERVICES

Overseas Transfer

Inward K10

Issue Telegraphic Transfer K50

Amend Telegraphic Transfer K50 plus Agent Charges

Refund Telegraphic Transfer K50 plus Agent Charges

Telegraphic Transfer Tracer K50 plus Agent Charges

Stop Payment – Telegraphic Transfer K50 plus Agent Charges

 FIXED DEPOSIT INTEREST RATES

Term K5,000 – K99,999 K100,000 – K499,999

30 Days 0.50%p.a. 0.75%p.a.

60 Days 0.75%p.a. 1.00%p.a.

90 Days 1.00%p.a. 1.25%p.a.

6 Months 1.25%p.a. 1.50%p.a.

12 Months 1.50%p.a. 1.75%p.a.

2 Years 1.75%p.a. 2.00%p.a.

3 Years 2.00%p.a. 2.25%p.a.

4 Years 2.00%p.a. 2.25%p.a.

5 Years 2.00%p.a. 2.25%p.a.

*Amounts over K500,000 are subject to application

TRANSACTION LIMITS

Visa Debit Card - Standard Daily Limit Single Transactions Monthly Transactions

Kina Bank Eftpos Purchase Limit K15,000 K15,000

Kina Bank Eftpos Purchase and Cash Out Limit (Cash Out Portion) K17,000 K17,000

Kina Bank Eftpos Cash Advance Limit (Cash Out) K2,000 K2,000

Kina Bank ARM Cash Out Limit K5,000 K2,000

K20,000 per month for only international
transactions
Visa Network ATM Limit K5,000 K2,000 Domestic/K5,000 International

Visa Network Eftpos Purchase Limit K15,000 K15,000

Visa Network Eftpos Cash Advance (Cash Out) K5,000 K2,000 Domestic/K5,000 International

Visa Network Eftpos Quasi Cash K2,000 K,2000

TRANSACTION LIMITS

Visa Debit Card - Gold Daily Limit Single Transactions Monthly Transactions

Kina Bank Eftpos Purchase Limit K15,000 K15,000

Kina Bank Eftpos Purchase and Cash Out Limit (Cash Out Portion) K17,000 K17,000

Kina Bank Eftpos Cash Advance Limit (Cash Out) K2,000 K2,000

Kina Bank ARM Cash Out Limit K5,000 K2,000

K40,000 per month for only international
transactions
Visa Network ATM Limit K5,000 K2,000 Domestic/K5,000 International

Visa Network Eftpos Purchase Limit K15,000 K15,000

Visa Network Eftpos Cash Advance (Cash Out) K5,000 K2,000 Domestic/K5,000 International

Visa Network Eftpos Quasi Cash K2,000 K,2000

OTHER BANK SERVICE FEES

Local Transfer

Inward Transfer Free

Outward – Bank Cheque K25

Repruchased Bank Cheque K50

Payment Order K25

Foreign Currency Notes

Foreign Currency Notes Purchase Fee Free

Foreign Currency Notes Sale Fee 1.0% of Amount (Min charge K10)

Standing Instructions

Standing Order by Bank Cheque K10 plus Bank Cheque fee

Standing Order by Telegraphic Transfer K10 plus Telegraphic Transfer Fee

Standing Order by KATS K20

OTHER BANK SERVICE FEES

Audit Confirmation

Audit Confirmation K50

Comprehensive Certificate K50/hr

Documentary Clean Collection

Inward – Sight 0.275% (Min charge K200 OR Max K1,000)

Inward 30 – 90 Days 0.275%

Inward Over 90 Days 1.00%

Inward Discrepancy K50

Inward Amendment K100 plus value and term adjustment fees

Import Documentary Credits

Sight 0.375% (Min Charge K500)

30 Days 0.50% (Min Charge K500)

60 Days 0.70% (Min Charge K500)

90 Days 0.90% (Min Charge K500)

Over 90 Days 1.00% (Min Charge K500)

Sight Maximum Validity 6 Months; beyond 6 month validity Additional 0.125% per month

Sight Discrepancy K40

Sight Amendment K100 plus Value and Term Adjustment Fees

Credit Transfers

Advising K50

Confirmation 0.10% of Credit Amount every 3 months

Negotiation 0.25% of Credit Amount (Min Charge K500 or Max charge K1,000)

Bill for Collection 0.25% of Credit Amount (Min charge K500 OR Max charge K1,000)

Amendment K100 plus Value and Term Adjustment Fees

RETAIL LENDING FEES

3 Year Fixed Rate Home 3 Years Fixed Rate Residential Property

Fees Standard Home Loan Secured Personal Loan Unsecured Personal Loan
Loan Residential Investment Loan

Insurance Renewal K100 K100 N/A N/A K100 K100

Discharge Fee K200 K200 N/A N/A K200 K200

Settlement Fee K200 K200 N/A N/A K200 K200

Establishment Fee K1,000 K1,000 K300 K300 K1,000 K1,000

Monthly Keeping Fee K10 K10 K10 K10 K10 K10

Early Termination Fee K2,500 within 5 years K2,500 within 5 years N/A N/A K2,500 within 5 years K2,500 within 5 years

Inspection Fee K300 K300 N/A N/A K300 K300

Drawdown Fee K100 K100 N/A N/A K100 K100

Settlement Fee K200 K200 N/A N/A K200 K200

Upfront Application Fee N/A N/A N/A N/A N/A N/A

Loan Extension Fees

Extension Up to 3 Months K150 per Extension Request

Extensions Beyond 3 Months K300 per Extension Request

Recovery Fees

Letter of Demand K100 per Letter

Notice of Default K200 per Notice

K1,000 plus all security and other associated

Repossession / Eviction
costs per Repossession / Eviction

K500 plus all applicable advertising and

Property Disposal by Tender on Default
other associated costs per Property

Government Fees and Charges - Department of Land Fees

Land Title Search & Printout K205 per title

Land Rental Printout K7 per document

Registration Fee K700

Documentation Fee K150

Note: The fees and charges stated in this document are subject to change without notice.