Other fees and charges
Private banking
You can also download your account tariff:
- Private Banking Account Tariff (PDF, opens in a new window)
(applicable from 22nd April 2020)
Overdrafts Explained
Arranged Overdraft – This is a borrowing limit on your account that we agree with you in advance, so it’s there when you need it. You’ll pay Arranged Overdraft interest on the amount you choose to use. It’s repayable on demand, which means you need to repay the outstanding balance at any time although we’ll normally give you notice.
Unarranged Overdraft – This is where you borrow from us when there is no money left in your account (or when you have gone past your Arranged Overdraft limit) and this has not been agreed with us in advance. You’ll pay Unarranged Overdraft interest on the amount you use.
Monthly Cap on Unarranged Overdraft Charges (also known as Monthly Maximum Charge)
We have a Monthly Cap on Unarranged Overdraft Charges. This means you'll never pay more than £40 per month in Unarranged Overdraft charges.
1. Each current account will set a monthly maximum charge for:
- going overdrawn when you do not have an Arranged Overdraft; or
- going over your Arranged Overdraft limit (if you have one).
2. This cap covers any:
- interest for going over your Arranged Overdraft limit; and
- fees for each time we Refuse A Payment Due To Lack Of Funds.
Other fees and charges
| Account fees | |
|---|---|
| Monthly Fee For Maintaining The Account | £25 per month |
| This is for private banking relationship management and private banking current account and only applies to the following accounts: Private Current Account Tracker, Private Current Account and Private Current Account Mortgages. | |
| Other day to day charges | |
|---|---|
| Refusing A Payment Due to Lack of Funds Fee: Standing Orders, Direct Debits and cheques This fee will be charged when there is not enough money in your account or Arranged Overdraft to make a payment and we refuse the request. We will not charge this fee if the value of the payment that is refused is £4.00 or less. This is the Refusing A Payment Due to Lack of Funds Fee buffer amount. |
£4.00 per item |
| Counter withdrawal (applies to Private Savings Account only) | £5.00 per item |
| Additional services | |
|---|---|
| Banker's draft (up to & including £100,000) | No additional charge |
| Cancelling a cheque | No additional charge |
| Copy of cheque | No additional charge |
Receiving Money From Outside The UK
| Transaction Type | Location | Currency | Fee |
|---|---|---|---|
| SEPA | No Charge | ||
| SWIFT | * Within the EEA | All Currencies including Sterling up to £100 (or equivalent) | No Charge |
| Currency is Euro, Swedish Krona or Romanian Leu over £100 (or equivalent) | No Charge | ||
| All remaining currencies including sterling over £100 (or equivalent) | £7.00 | ||
| SWIFT | Outside the EEA | All currencies over £100 (or equivalent) | No Charge |
| All currencies over £100 (or equivalent) | £7.00 | ||
| Copies of confirmations/ advices | £5.00 per item | ||
* List of countries within the EEA
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czehc Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy,Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK
Debit card transactions
| Transaction Type | Retailer/ ATM location | Currency | Fees | |
|---|---|---|---|---|
| Debit Card Cash withdrawal | Within the EEA (including UK) | Currency is Pound Sterling, Euro, Swedish Krona or Romanian Leu | Fee not charged | Where a foreign purchase transaction is refunded by a retailer, the purchase transaction amount will be credited back to the account based on the exchange rate on the day of refund. Any fee charged for the original transaction will not be refunded. For any Foreign Transaction reversals, any fee charged will be reversed. |
| All remaining currencies | 3.75% of transaction value, min £1.50 | |||
| Outside the EEA | All currencies (including Pound Sterling) | 3.75% of transaction value, min £1.50 | ||
| Debit Card Payments | Within the EEA (including UK) | Currency is Pound Sterling, Euro, Swedish Krona or Romanian Leu | Fee not charged | |
| All remaining currencies | 2.75% of transaction value, min £1.50 | |||
| Outside the EEA | All currencies (including Pound Sterling) | 2.75% of transaction value, min £1.50 | ||
Debit card payments in a foreign currency are limited to £10,000 per day for retail/private debit Mastercard contactless cards and £5,000 per day for all others.
Financial Care Team
If we need to involve our Financial Care Team you must pay us all reasonable costs and expenses. These could include any costs incurred by us on correspondence or in taking steps to trace you or recover money you owe us (including legal costs on a full indemnity basis). Further details are available on request from your relationship manager.
The way in which each of the above fees and charges are calculated and applied to your account is described in the terms and conditions applicable to your account.
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.