Foreign Exchange Fees Bank sales of Foreign Currency Cash 1% NZD value Minimum charge NZD $5.00 Bank purchase of Foreign Currency Cash: Deposited into TSB account Free Foreign Cheques: Under NZD $5,000 (includes Travellers Cheques) NZD $5.00 per cheque (Other bank fees may apply¹) Over NZD $5,000 sent for collection NZD $35.00² per cheque (Other bank fees may apply¹) Cheque sent for collection NZD $35.00² per cheque (Other bank fees may apply¹) Dishonoured Foreign Currency Cheques NZD $25.00 Foreign cheques purchased back at current exchange rate (Other bank fees may apply¹) Telegraphic Transfers Outward Telegraphic Transfers NZD $25.00 (Other bank fees may apply¹) Telegraphic Transfer Investigation Fee NZD $25.00 – Outbound only (Other bank fees may apply¹) Inward Telegraphic Transfers NZD $25.00² (Charged by the NZ receiving bank, not TSB. Other bank fees may apply¹) Foreign Currency Account (conditions apply)² Establishment Fee Free Maintenance Fee NZ $10.00 per month per account (Debited from your nominated TSB account) Deposits: From a TSB Account Free Foreign Cheques 0.2% Foreign value Minimum charge NZD $35.00 (Other bank fees may apply¹) Foreign Cash 1% of value Minimum charge of NZD $5.00 Inward Telegraphic Transfer NZ $10.00 equivalent in the currency of the account (Other bank fees may apply¹) Withdrawals: To a TSB Account Free Telegraphic Transfer NZD $25.00 (Other bank fees may apply¹) Foreign Cash 1% of value Minimum charge of NZD $5.00 Terms and Conditions Effective 30 November 2020 ¹Other banks or third parties may also charge or deduct commission, fees or other charges for any services or currency transactions specified herein. Such charges or costs are the customer’s responsibility and will be deducted from the currency transaction amount. ²TSB Terms and Conditions apply. Any currency conversion shall be made using TSB Foreign Exchange’s prevailing rate of exchange (which includes a currency conversion commission) for that currency. TSB accepts no liability for losses suffered as a result of it converting currencies, and any transaction exchange risks from the conversion of currencies are the responsibility of the customer. TSB accepts no liability for any losses suffered of claims made by any party whatsoever as a result of any delays, non-receipt or misapplication of any foreign currency transactions or services specified herein. Additional commissions on the bank selling rates and cash handling fees apply.