BOQ Margin Loan fee schedule is subject to change and is as at 30th January 2012.
Establishment Fee
Paid by cheque or direct debit from your Nominated Account. If you do not pay any applicable establishment fee you will not be able to operate your Margin Loan Facility. Establishment fees are not refundable if you don’t proceed with your application.
| Type |
Fee |
| Individual Borrower |
Nil |
Company Borrower or Guarantor |
|
Company search and PPSR fee to register a Security Interest over your Secured Portfolio.
|
$150.00 |
Release another Security Interest
|
$69.00 |
Tasmanian Applicants
Applicable to all Individual, Company and Trust Applicants registered in Tasmania to register a mortgage |
$93.00
(current government duty) |
Trust Borrower or Guarantor
The Lender’s fee to vet the Trust Deed. Applicable if a Solicitor’s Trust Opinion is not provided. Refer to the Application Form for details. |
$250.00
(refundable if application declined) |
Account Keeping Fee
| Type |
Fee |
| Rewards Plus |
$100.00 bi-annually |
| All other products |
Nil |
Transaction Fees
Paid by direct debit from your Nominated Account.
| Type |
Fee |
| Credit funds to the Loan Account |
Nil |
Pay funds from the Loan Account |
|
Same day electronic transfer
|
$26.00 |
Bank cheque
|
$10.00 |
Dishonour Fees
Applicable if a funds transfer fails, for example if there are insufficient funds in an account. |
|
Cheque deposited to Loan Account
|
$9.50 |
Transfer from Loan Account
|
$9.00 |
Direct debit from a Nominated Account
|
$35.00 |
| Issuer Sponsored Search |
$16.50 |
Retrieval of information
Applicable when your Nominated Adviser requests the Lender to retrieve, collate, sort and/or provide archived or historical information. |
$50.00 |
Break Costs
Applicable if you break a Fixed Rate Loan. |
Refer below |
Facility Closing Fees
Paid by direct debit from your Nominated Account.
| Type |
Fee |
Early Account Closing
Applicable if you repay the total Facility Balance in full within 4 months of the start of your first Loan, up to an amount equal to the interest that would have been earned on the Minimum Interest Balance for the period from when you repay to 4 months from the start of your first loan. |
Minimum $200.00 |
Release Fee
Applicable to Company Security Owners only. |
$69.00 |
Mortgage Plus |
|
Mortgage Discharge
|
$150.00 plus solicitors costs and disbursements |
Exit Fee if Property is withdrawn from the Secured Portfolio within 12 months of Property Plus being established.
|
$1,000.00 |
Exit Fee if Property is withdrawn from the Secured Portfolio after 12 months of Property Plus being established.
|
$500.00 |
The information on this web page forms part of the BOQ Margin Loan Product Disclosure Statement dated 30 January 2012 or later (the PDS).
|