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Business Banking Administrative Fees

Rates as of May 19, 2020

CLEARING CHARGES

Chargebacks to members’ accounts

$10

Overdrawn account fee

$25

Cheque/AFT returned NSF

$40

Cheque/AFT drawn on non-chequing account

$10

Unqualified item

$10

Payroll deposit/EFT/AFT

Free

AFT/EFT tracing

$25/item

Cheque clearing

$1.50*

Cheque deposits

Free

ATM NETWORK CHARGES

BCU ATM

$1.25*

Plus System

$5

POS

$1.25*

ABM Trace

Free

Exchange Network ATM

$1.25*

Non-Exchange Network ATM

$1 plus ATM surcharge

Member Card replacement

$5

ACCOUNT TRANSACTION

Certified cheques:

Business Accounts

$10

Third Party

$25

Official/corporate cheques

$5 CAD/
$5 USD

Stop payments – complete details

$5 if cheque clears

Stop payments – partial details

$15, then another $5
if cheque clears

In branch utility bill payments

Free

Telephone transfers

Free

Transfers to cover draft

$5 non-chequing

Cheque orders:

Business/Organizations

At cost

Counter cheques new accounts

Free

Items received & sent on collection – incoming/outgoing Canada

$25

Items received or sent on collection –
outgoing outside Canada

$40

Cheques deposited in the wrong currency

$5 per cheque

CONSUMER CREDIT

Contact your FSO or Commercial Account Manager for lending over $100,000

FOREIGN CURRENCY TRANSACTIONS

Canadian/USD drafts

$10 CAD/$10 USD

Draft Stop-Payment CAD/USD

$25 CAD/$25 USD

Draft Cancellation CAD/USD

$5 CAD/$5 USD

Depositing cheques in foreign currencies

$10

Ordering USD – less than $5,000

Free

Ordering USD – more than $5,000

$10

Wiring Funds – incoming

Free

Wiring Funds – outgoing:

Canadian

$35 CAD

U.S.

$35 USD

International: up to $1000

$35 USD

$1001 – $10,000

$40 USD

More than $10,000

$50 USD

Wire Tracing, Amendments, Recalls

$25 CAD/
$25 USD

SAFETY DEPOSIT BOXES

Safety deposit box rental:

Standard (plus HST)

$40

Medium (plus HST)

$50

Large (plus HST)

$60

Loss of safety deposit keys (plus HST)

At cost +$10

COIN AND CURRENCY SUPPLIED

Per bundle $3.00
Per roll $0.25
 

**Cash ordered/supplied over $10,000 is subject to a fee (minimum $75) Rates are negotiable based on volumes
Coins must be rolled to the maximum possible amount of rolls to be accepted for deposit

BUSINESS ACCOUNT AUTOMATED TRANSFER SYSTEM
SERVICE CHARGES FOR SELF-ADMINISTERED BUSINESS MEMBER PRE-AUTHORIZED PAYMENTS USING CENTRAL 1 – AFT
First 1000 Transactions $0.10 each
Next 500 Transactions $0.09 each
Over 1,500 Transactions $0.08 each
Additional manual files releases $10 per extra monthly file
Returned items $25 each
Fee Options One-Time Setup Fee
AFT Fee #1 $150
AFT Fee #2 $150
AFT Fee #3
AFT Fee #4
Manual/Automatic File Releases Minimum Monthly Service Fee
Up to 3 Manual Files / Month $35
Automatic File Release $50
Up to 3 Manual Files / Month $60
Automatic File Release $75

ELIGIBLE BUSINESS ACCOUNT TRANSACTIONS & FEE SCHEDULE

TRANSACTION

WITHIN PACKAGE LIMIT

OVER
PACKAGE LIMIT

Withdrawal

Free

$1.25

ATM Withdrawal

Free

$1.25

Clearing Cheque

Free

$1.25

POS Purchase

Free

$1.25

Transfer out

Free

$1.25

Utility Bill Payment

Free

$1.25

Pre-Authorized Debit

Free

$1.25

Merchant Services Debit

Free

$1.25

Foreign Exchange transactions

Free

$1.25

ALL DEPOSITS ARE FREE! *Eligible transactions over plan limit are
subject to $1.25 fee per transaction.

TRANSFER AND CLOSING OF ACCOUNTS

Balance of account transfer (out)

$25

Withdrawal from membership (over 12 months)

$25

Withdrawal from membership (within 12
months)

$50

Third Party Demand

$50

INFORMATION ON ACCOUNTS

Monthly mailed statements (with imaged
cheques)

$3

Monthly e-statements (with imaged cheques)

FREE

Transaction activity on deposit accounts over the counter

$1/month

Print a copy of an imaged cheque

1st copy free, $1 each

Monthly Statement re-prints

$50/hr or min $25

Audit confirmations:

Business

$25

Bank confirmation – faxed to Ukraine

$50

Certificate of Account Balance:
Personal/business

$10

Interest

$10

Inactive accounts:

First notice (after 12 months)

Free

Dormant accounts:

First notice (after 24 months)

$45 + applicable
administrative fees

Annual Dormant Account Fee

$45 + applicable
administration fees

Search of records:

Within 30 days

Free

After 1 month

$50/hr or min $25

Account information/inquiry

Free

PPSA registration

At cost

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