Schedule of Fees JUNE 2017

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1 Schedule of Fees JUNE 2017

2 SAVINGS DEPOSITS Savings Deposits (a) Regular VAT Total VAT b) Christmas Club VAT Total VAT c) Student Savings VAT Total VAT i. Withdrawal Charge $1.05 $0.08 $1.13 Unlimited free withdrawals from Nov. 1 thru Dec. 31. One withdrawal between Jan. 1 to Oct. 31. N/A N/A No withdrawals within the first year N/A N/A ii. Number of Free Withdrawals 1 N/A N/A N/A N/A N/A N/A N/A N/A iii. Credits to account Free Free Free Free Free Free Free Free Free iv. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes Yes Yes Yes Yes Yes Yes v. Without passbook $2.00 $0.15 $2.15 $2.00 $0.15 $2.15 $2.00 $0.15 $2.15 vi. Replace Passbook $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 vii. Maintenance Fee (monthly) Waived if monthly minimum balance greater than $25.00 $2.50 $0.19 $2.69 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 viii. Inactive Account (monthly) $2.08 $0.16 $2.24 $2.08 $0.16 $2.24 $2.08 $0.16 $2.24 ix. Transfer Fee (special request) $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 x. Maintenance Fee (monthly) $1.00 $0.08 $1.08 N/A N/A N/A N/A N/A N/A 1

3 SAVINGS DEPOSITS Savings Deposits Retirement Savings VAT Total VAT Payroll Savings VAT Total VAT US$ Savings VAT Total VAT i. Withdrawal Charge $1.05 $0.08 $1.13 $1.05 $0.08 $1.13 $1.05 $0.08 $1.13 ii. Number of Free Withdrawals 1 N/A N/A 1 N/A N/A 1 N/A N/A iii. Credits to account Free Free Free Free Free Free Free Free Free iv. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes Yes Yes Yes Yes Yes Yes v. Without passbook $2.00 $0.15 $2.15 $2.00 $0.15 $2.15 $2.00 $0.15 $2.15 vi. Replace Passbook $2.50 $0.19 $2.69 $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 vii. Inactive Account (monthly) N/A N/A N/A $2.08 $0.16 $2.24 $2.08 $0.16 $2.24 viii. Transfer Fee (special request) $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 ix. Maintenance Fee (monthly) N/A N/A N/A $1.00 $0.08 $1.08 N/A N/A N/A 2

4 SAVINGS DEPOSITS Savings Deposits Kidz Club VAT Total VAT Business Savings VAT Total VAT i. Withdrawal Charge $1.05 $0.08 $1.13 $1.05 $0.08 $1.13 ii. Number of Free Withdrawals 5 N/A N/A 1 N/A N/A iii. Credits to account Free Free Free Free Free Free iv. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes Yes Yes Yes v. Without passbook $2.00 $0.15 $2.15 $2.00 $0.15 $2.15 vi. Replace Passbook $2.50 $0.19 $2.69 $5.00 $0.38 $5.38 vii. Maintenance Fee (monthly) Waived if monthly minimum balance greater than $25.00 $0.00 $0.00 $0.00 $2.50 $0.19 $2.69 viii. Inactive Account (monthly) N/A N/A N/A $2.08 $0.16 $2.24 ix. Transfer Fee (special request) $5.00 $0.38 $5.38 $5.00 $0.38 $5.38 x. Maintenance Fee (monthly) N/A N/A N/A $1.00 $0.08 $1.08 3

5 FIXED DEPOSITS Fixed Deposits VAT Total VAT Services Related to Deposit Accounts (a) Statement Printouts $5.00 for first page $1.00 each additional page $0.38 $0.08 $5.38 $1.08 (b) Interim Statements Requested $5.00 $0.38 $5.38 (c) Photocopies i. First Page $2.00 $0.15 $2.15 ii. Additional Pages $2.00 $0.15 $2.15 iii. Transfer Fee (special request) $5.00 $0.38 $5.38 (d) Cash Handling Fee - Cash Deposits over $20,000 - Commercial Customers and cash deposits over $20,000 1% 7.5% of 1% Fee 0.5% 7.5% of 0.5% Fee Amount Varies Amount Varies (e) Stop Payment Fee (B$) draft $25.00 $1.88 $26.88 (f) Stop Payment Fee (Foreign) Draft $40.00 $3.00 $

6 CHEQUING DEPOSITS Chequing Services Personal Accts: Regular non interest VAT Total VAT Personal Accts: interest bearing VAT Total VAT i. Minimum Monthly Fee N/A N/A N/A $7.00 $0.53 $7.53 ii. Drawing/Cashing Fee (per cheque) N/A N/A N/A $0.75 $0.06 $0.81 iii Per Credit Item N/A N/A N/A $0.75 $0.06 $0.81 iv. Dishonoured Cheque Charge N/A N/A N/A $30.00 $2.25 $32.25 v. Stop Payment Order N/A N/A N/A $15.00 $1.13 $16.13 vi. Cheque Certification N/A N/A N/A $7.00 $0.53 $7.53 vii. Cheque Printing (per 100) Bank Standard Cheques N/A N/A N/A $0.00 $0.00 $0.00 viii. Over limit/overdraft Protection Fee N/A N/A N/A $20.00 $1.50 $21.50 ix. Overdraft Negotiation Fee N/A N/A N/A Up to 2% $50 min. x. Stamp Tax Charged at prescribed rate by Government 7.5% of 2% Fee or $3.75 Amount Varies or $53.75 N/A N/A N/A Yes Yes Yes xi. Audit Confirmation N/A N/A N/A $30.00 $2.25 $32.25 xii. Inactive Account (Monthly) N/A N/A N/A $2.08 $0.16 $2.24 5

7 CHEQUING DEPOSITS Chequing Services Platinum Chequing VAT Total VAT Sr. Citizen Chequing VAT Total VAT i. Minimum Monthly Fee $6.00 $0.45 $6.45 $3.00 $0.23 $3.23 ii. Drawing/Cashing Fee (per cheque) $0.45 $0.03 $0.48 $0.25 $0.02 $0.27 iii Per Credit Item $0.45 $0.03 $0.48 $0.25 $0.02 $0.27 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 $30.00 $2.25 $32.25 v. Stop Payment Order $15.00 $1.13 $16.13 $15.00 $1.13 $16.13 vi. Cheque Certification $7.00 $0.53 $7.53 $7.00 $0.53 $7.53 vii. Over limit/overdraft Protection Fee $20.00 $1.50 $21.50 $20.00 $1.50 $21.50 viii. Overdraft Negotiation Fee Up to 2% $50 min. ix. Stamp Tax Charged at prescribed rate by Government 7.5% of 2% Fee or $3.75 Amount Varies or $53.75 Up to 2% $50 min. 7.5% of 2% Fee or $3.75 Amount Varies or $53.75 Yes Yes Yes Yes Yes Yes x. Audit Confirmation $30.00 $2.25 $32.25 $30.00 $2.25 $32.25 xi. Inactive Account (Monthly) $2.08 $0.16 $2.24 N/A N/A N/A xii. Min Balance Fee Below $1,000 $35 $2.63 $37.63 N/A N/A N/A xiii. Min Balance waive Fee $1,000 and above fee waived N/A N/A N/A N/A N/A 6

8 CHEQUING DEPOSITS Chequing Services Student VAT Total VAT i. Minimum Monthly Fee $3.00 $0.23 $3.23 ii. Drawing/Cashing Fee (per cheque) $0.35 $0.03 $0.38 iii Per Credit Item $0.35 $0.03 $0.38 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 v. Stop Payment Order $15.00 $1.13 $16.13 vi. Cheque Certification $7.00 $0.53 $7.53 vii. Over limit/overdraft Protection Fee $20.00 $1.50 $21.50 viii. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes ix. Audit Confirmation $30.00 $2.25 $32.25 x. Inactive Account (Monthly) $2.08 $0.16 $2.24 7

9 CHEQUING DEPOSITS & OVERDRAFTS Chequing Services Business Accts: Regular VAT Total VAT i. Minimum Monthly Fee $10.00 $0.75 $10.75 ii. Drawing/Cashing Fee (per cheque) $0.70 $0.05 $0.75 iii Per Credit Item $0.70 $0.05 $0.75 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 v. Stop Payment Order $15.00 $1.13 $16.13 vi. Cheque Certification $7.00 $0.53 $7.53 vii. Over limit $20.00 $1.50 $21.50 viii. Overdraft Negotiation Fee Up to 2% $50 min. 7.5% of 2% Fee Amount Varies or $53.75 ix. Overdraft Protection $15.00 $1.13 $16.13 x. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes xi. Audit Confirmation $30.00 $2.25 $32.25 xii. Inactive Account (Monthly) $2.08 $0.16 $2.24 Commercial Overdrafts i. Monthly Service Charge $10.00 $0.75 $10.75 ii. Penalty interest rate (%) 18.00% N/A N/A iii. Commitment fees Up to 2% 7.5% of 2% Fee Amount Varies iv. Over limit fees $20.00 $1.50 $21.50 v. Renewal Fee (minimum) 1.00% 7.5% of 1% Fee Amount Varies vi. Transfer Fee (special request) $2.00 $0.15 $2.15 8

10 CHEQUING DEPOSITS & OVERDRAFTS Chequing Services US$ Chequing VAT Total VAT i. Minimum Monthly Fee $10.00 $0.75 $10.75 ii. Drawing/Cashing Fee (per cheque) $0.85 $0.06 $0.91 iii Per Credit Item $0.85 $0.06 $0.91 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 v. Stop Payment Order $15.00 $1.13 $16.13 vi. Cheque Certification $10.00 $0.75 $10.75 vii. Over limit $20.00 $1.50 $21.50 viii. Stamp Tax Charged at prescribed rate by Government Yes Yes Yes ix. Audit Confirmation $30.00 $2.25 $32.25 x. Inactive Account (Monthly) $2.08 $0.16 $2.24 9

11 RESIDENTIAL & COMMERCIAL MORTGAGES Residential Mortgages VAT Total VAT i. Commitment Fees Up to 2% 7.5% of Fee Amount Varies ii. Government Stamp Tax Up to 1% N/A N/A iii. Late Payment Fee 3% min. $25 7.5% of 3% Fee Amount Varies or $26.88 iv. Loan Refinancing/Renegotiating Fee Up to 2% of new money 7.5% of Fee Amount Varies v. Mortgage Satisfaction $ % Stamp Tax $6.00 $86.00 vi. Copies of Appraisals $5.00 first page $1.00 each additional page vii. Payment of Insurance premium $ $9.38 $ viii. Notary Fee $5.00 $0.38 $5.38 ix. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $10.75 Commercial Mortgages i. Commitment Fees 1%- 2% 7.5% of Fee Amount Varies ii. Government Stamp Tax 1% N/A N/A iii. Late Payment Fee 3% min. $25 7.5% of 3% Fee Amount Varies iv. Loan Refinancing/Renegotiating Fee 1% 7.5% of 1% Fee Amount Varies v. Mortgage Satisfaction $ % Stamp Tax $6.00 $86.00 vi. Copies of Appraisals $5.00 first page $1.00 each additional page vii. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $10.75 $0.38 $0.08 $0.38 $0.08 $5.38 $1.08 $5.38 $

12 COMMERCIAL & REAL ESTATE LOANS Commercial Loans VAT Total VAT i. Commitment Fees 1%- 2% 7.5% of 1% - 2% Fee Amount Varies ii. Government Stamp Tax 1% N/A N/A iii. Late Payment Fee 4% min. $50 7.5% of 4% Fee $53.75 iv. Loan Refinancing Fee Up to 2% of new money 7.5% of 2% Fee Amount Varies v. Annual Review minimum 1% 7.5% of Fee Amount Varies vi. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $10.75 Real Estate i. Commitment Fees 1%- 2% 7.5% of 1% - 2% Fee Amount Varies ii. Government Stamp Fees 1% N/A N/A iii. Late Payment Fee 3% min. $25 7.5% or $1.88 Amount Varies or $26.88 minimum iv. Loan Refinancing/Renegotiating Fee Up to 2% of new money 7.5% of 2% Fee Amount Varies v. Mortgage Satisfaction $ % Stamp Tax $6.00 $86.00 vi. Copies of Appraisals $5.00 first page $1.00 each additional page $0.38 $0.08 $5.38 $1.08 vii. Payment of Insurance premium $ $9.38 $ viii. Notary Fee $5.00 $0.38 $5.38 ix. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $

13 PERSONAL & CONSUMER LOANS Personal Loans VAT Total VAT (a) Private Vehicles i. Government Stamp Tax Up to 1% N/A N/A ii. Late Payment Fee 5.25% min. $ % or $1.88 Amount Varies iii. Service Charges Minimum $ $8.25 minimum $ minimum iv. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $10.75 (b) Other Consumer Loans i. Government Stamp Tax Up to 1% N/A N/A ii. Late Payment Fee 5.25% min. $ % of Fee or $1.88 Amount Varies or $26.88 minimum iii. Service Charges Minimum $ $8.25 minimum $ minimum iv. Return Cheque on Loan Payment (per cheque) $10.00 $0.75 $

14 CREDIT CARDS - MASTERCARD STANDARD MasterCard Standard MasterCard Standard VAT Total VAT i. Annual (Membership) Fee $40.00 $3.00 $43.00 ii. Cash Advance Fee 2% + $5.00 local 7.5% of 2% Fee + $0.38 Amount Varies or $5.38 minimum 3% min. $5 Int 7.5% of 3% Fee + $0.38 Amount Varies or $5.38 minimum iii. Dishonoured Cheque Charge $30.00 $2.25 $32.25 iv. Foreign Exchange N/A N/A v. Late Payment Fee $30.00 $2.25 $32.25 vi. Over limit Fee $30.00 $2.25 $32.25 vii. Replacement Card Fee $25.00 $1.88 $26.88 viii. Additional Card(s) (each) $25.00 $1.88 $26.88 ix. Copy of Transaction/Charge Slip $5.00 $0.38 $5.38 x. Statement Copy Fee $5.00 $0.38 $5.38 xi. PIN Change Fee $5.00 $0.38 $5.38 xii. Immediate Value $25.00 $1.88 $

15 CREDIT CARDS - MASTERCARD GOLD MasterCard Standard MasterCard Gold VAT Total VAT i. Annual (Membership) Fee $75.00 $5.63 $80.63 ii. Cash Advance Fee 2% + $5.00 local 7.5% of 2% Fee + $0.38 Amount Varies or $5.38 minimum 3% min. $5 Int l 7.5% of 3% Fee + $0.38 Amount Varies or $5.38 minimum iii. Dishonoured Cheque Charge $30.00 $2.25 $32.25 vi. Foreign Exchange N/A N/A v. Late Payment Fee $30.00 $2.25 $32.25 vi. Over limit Fee $30.00 $2.25 $32.25 vii. Replacement Card Fee $25.00 $1.88 $26.88 viii. Additional Card(s) (each) $30.00 $2.25 $32.25 ix. Copy of Transaction/Charge Slip $5.00 $0.38 $5.38 x. Statement Copy Fee $5.00 $0.38 $5.38 xi. PIN Change Fee $5.00 $0.38 $5.38 xii. Immediate Value $25.00 $1.88 $

16 CREDIT CARDS - SPECIALTY CARDS MasterCard Prepaid Reloadable VAT Total VAT i. Annual (Membership) Fee $10.00 $0.75 $10.75 ii. Cash Advance Fee $1.50 local / 2% International $0.11/ 7.5% of 2% Fee $1.61 / Amount Varies iii. ABM/ATM Use Charge (each) $1.50 local / 2% International $0.11/ 7.5% of 2% Fee $1.61 / Amount Varies iv. Foreign Exchange N/A N/A v. Replacement Card Fee $10.00 $0.75 $10.75 vi. Additional Card(s) (each) $5.00 $0.38 $5.38 vii. Copy of Transaction/Charge Slip $5.00 $0.38 $5.38 viii. Statement Copy Fee $5.00 $0.38 $5.38 ix. PIN Change Fee $5.00 $0.38 $5.38 x. Immediate Load Fee $20.00 per load $1.50 $21.50 MasterCard Gift Cards i. Initial Card Fee $7.00 $0.53 $7.53 ii. Replacement Card Fee $20.00 $1.50 $21.50 iii. Expiration Fee $10.00 on expiration date $0.75 $10.75 iv. Inactivity Fee $1.00 per month after 90 days of inactivity $0.08 $1.08 v. Foreign Exchange N/A N/A 15

17 CREDIT CARDS - SUNCARD STANDARD SunCard MasterCard SunCard Standard VAT Total VAT i. Annual (Membership) Fee $40.00 $3.00 $43.00 ii. Cash Advance Fee 3% or $5.00 min. 7.5% of 3% Fee Amount Varies or $5.38 iii. ABM/ATM Use Charge (each) $1.25 $0.09 $1.34 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 v. Late Payment Fee $30.00 $2.25 $32.25 vi. Over limit Fee $30.00 $2.25 $32.25 vii. Replacement Card Fee $25.00 $1.88 $26.88 viii. Additional Card(s) (each) $25.00 $1.88 $26.88 ix. Copy of Transaction/Charge Slip $5.00 $0.38 $5.38 x. Statement Copy Fee $5.00 $0.38 $5.38 xi. PIN Change Fee $5.00 $0.38 $5.38 xii. Immediate Value $25.00 $1.88 $

18 CREDIT CARDS - SUNCARD GOLD SunCard MasterCard SunCard Gold VAT Total VAT i. Annual (Membership) Fee $75.00 $5.63 $80.63 ii. Cash Advance Fee 3% or $5.00 min. 7.5% of 3% Fee Amount Varies iii. ABM/ATM Use Charge (each) $1.25 $0.09 $1.34 iv. Dishonoured Cheque Charge $30.00 $2.25 $32.25 v. Late Payment Fee $30.00 $2.25 $32.25 vi. Over limit Fee $30.00 $2.25 $32.25 vii. Replacement Card Fee $25.00 $1.88 $26.88 viii. Additional Card(s) (each) $30.00 $2.25 $32.25 ix. Copy of Transaction/Charge Slip $5.00 $0.38 $5.38 x. Statement Copy Fee $5.00 $0.38 $5.38 xi. PIN Change Fee $5.00 $0.38 $5.38 xii. Immediate Value $25.00 $1.88 $

19 MISCELLANEOUS BANKING SERVICES Other Banking Facilities And Services VAT Total VAT Standing Payment Orders (a) Internal Payments $5.00 $0.38 $5.38 (b) External Payments or Transfers $ $5.00 RTGS fee $1.50 $0.38 $21.50 $5.38 Letters of Credit 1%-2% + $10.00 Stamp Tax 7.5% of 1% - 2% Fee Amount Varies Credit References $20.00 $1.50 $21.50 Auditor s Confirmation Letter $30.00 $2.25 $32.25 Document Search/Retrieval (a) Vouchers (per hour) $30.00 $2.25 $32.25 (b) Records (per hour) $30.00 $2.25 $32.25 (c) Accounts (each) $30.00 $2.25 $32.25 (d) Dormant Account Fee (Sent to Central Bank after 7 years) $25.00 $1.88 $

20 TRANSFERS AND F/X TRANSACTIONS RTGS VAT Total VAT (a) Bank to Bank Transfers / Real Time Gross Settlement (RTGS) $5.00 $0.38 $5.38 (b) Special Settlement + $0.40 GST 0 - $50,000 $5.00 $0.38 $5.38 $50,001 -$100,000 $5.00 $0.38 $5.38 $100,001 -$200,000 $5.00 $0.38 $5.38 $200,001 -$500,000 $5.00 $0.38 $5.38 over $500,000 $5.00 $0.38 $5.38 Foreign Exchange and Wire Transfers (a) Wire Transfers i. Local Currency (each) $5.00 $0.38 $5.38 ii. Family Islands $5.00 $0.38 $5.38 iii. Foreign Currency (per 1000) $25.00 plus commission $1.88 $26.88 (b) Foreign Currency Drafts i. Other Charges $10.00 $0.75 $

21 PAYROLL & DEPOSIT SERVICES Payroll Payments VAT Total VAT Payroll Direct: i employees $0.75 $0.06 $0.81 ii employees $0.75 $0.06 $0.81 iii employees $0.75 $0.06 $0.81 iv employees $0.75 $0.06 $0.81 Day & Night Deposits i. Disposable Bags (per 100) $40.00 $3.00 $43.00 ii. Opened disposable bags per annum $55.00 $4.13 $59.13 iii. Unopened disposable bags per annum $ $7.50 $ iv. Lost/Broken Key $30.00 $2.25 $32.25 v. Opened Wallets - Canvas (per annum) $ $7.50 $ vi. Unopened Wallets - Canvas (per annum) $ $22.50 $ vii. Lost/Damaged Wallet $65.00 $4.88 $69.88 viii. Night Bag Processing Fee (per bag) $5.00 $0.38 $

22 ATM / ABM ELECTRONIC TRANSACTIONS ATM/ABM Use VAT Total VAT Local Withdrawals $1.25 $0.09 $1.34 i. Customer $1.25 $0.09 $1.34 Stamp Tax Charged at Prescribed Rate by Government YES N/A N/A Online/Internet Banking Transaction charges i. Bill Payment (each) Free N/A N/A ii. Credit Card Payment Free N/A N/A iii. Online Banking Token Fee $10.00 $0.75 $

23 SAFE DEPOSITS Safety Deposit Boxes VAT Total VAT i. Small Safety Deposit Boxes (Annual Charge) $50.00 $3.75 $53.75 ii. Medium Safety Deposit Boxes (Annual Charge) $ $10.50 $ iii. Large Safety Deposit Boxes (Annual Charge) $ $12.38 $ iv. Extra Large Safety Deposit Boxes (Annual Charge) $ $16.50 $ v. Replacement/Lost Key $40.00 $3.00 $43.00 vi. Drilling of Safety Deposit Box Minimum $ $15.00 $ vii. Replacing Lock $ $15.00 $

24 LOCATIONS NEW PROVIDENCE Head Office Commonwealth Bank Plaza, Mackey St. P.O. Box SS-5541 NEW PROVIDENCE BRANCHES CB Plaza, Mackey St.** Bay & Christie Sts Oakes Field** Town Centre Mall Cable Beach* Wulff Road* Golden Gates*** Prince Charles Drive*** GRAND BAHAMA BRANCHES The Mall Drive*** Lucaya ABACO BRANCH Marsh Harbour ELEUTHERA Spanish Wells *Drive Through ABM Locations ** Saturday Banking Locations CREDIT CARD CENTRE Nassau Freeport CALL CENTRE OFF-SITE ABM LOCATIONS Nassau: Super Value (Cable Beach, Winton, Golden Gates & Prince Charles Shopping Centre), Quality Markets, South Beach, The College of The Bahamas Library and Kelly s Mall at Marathon Freeport: Freeport Airport & Cost Right Abaco: Maxwell s Supermarket

Scotiabank (Bahamas) Ltd. Retail Banking Rates And Fees

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