The Bank of Nova Scotia St. Lucia Schedule of Fees Revised October 2018 There are other charges the Bank imposes for services. On request, you can get from the Bank specific charges not listed. TM Trademarks of The Bank of Nova Scotia, used under licence.
Contents Personal Deposit Accounts... Sundry Fees... Personal Credit Cards... Personal Lending Products... Small Business & Commercial... Payroll... Page 3-6 6-7 8 9-10 11-13 13 Please note: We make every effort to keep charges to a minimum, but they are subject to intermittent review. Changes to terms and conditions, interest rates, fees and charges will be brought to the customer s attention by: - Placement on our website lc.scotiabank.com - Notice in the branches - Advertisement - Notice in writing - Email or text messages The information in this Schedule of Fees does not include all retail fees and services charges, only those most applicable for standard banking transactions. 2
EVERYDAY BANKING ACCOUNTS TOTAL ACCESS Monthly Fee $13.00 Currency Minimum Opening Balance $0.00 Transactions included 10 branch/cheque transactions, unlimited self service transfers on proprietory channels Branch transactions/cheque $3.00 with Scotiacard $5.00 without ScotiaCard Non-Scotiabank ATM Fees apply, Regular sundry fees apply Cheque writing privilege Yes Pays Interest No Interest Paid Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria Processed Cheque Available for Sales to Residents of CANADA ELECTRONIC ACCESS Monthly Fee $6.00 (50% discount with electronic payroll deposit) Currency Minimum Opening Balance $0.00 Transaction included Unlimited self service transactions on proprietary channels Branch transactions/cheque $6.00 with ScotiaCard and $7.00 without ScotiaCard Non-Scotiabank ATM Fees apply, Regular sundry fees apply Cheque writing privilege Yes Pays Interest No Interest Paid Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria Available for Sales to Residents of CANADA 3
SAVINGS ACCOUNTS PRIMARY SAVINGS Monthly Fee $5.00 Minimum Balance required to waive monthly fee $500.00 Currency Minimum Opening Balance $0.00 Transactions included Unlimited self service transfers between Scotiabank Acc Number of transactions included 1 branch transaction Branch Transactions $5.00 with ScotiaCard $7.00 without ScotiaCard ATM withdrawals (per item) $1.50 Non-Scotiabank ATM Fees apply, Regular sundry fees apply Cheque writing privilege NO Pays Interest Calculated MINIMUM Monthly paid monthly Statement Frequency Quarterly Overdraft available No Proprietary POS Free ASP/SSRB Eligible - 1% bonus interest on ASP Contributions SIGNATURE SAVINGS - (Not available for new customers) Monthly Fee $5.00 Minimum Balance required to waive monthly fee $1,000.00 Free Items 1 free transaction any channel, unlimited deposits and unlimited selfservice transfers between Scotiabank Acc Branch Transactions $5.00 Proprietary ABM $5.00 SPECIALTY ACCOUNT- Foreign Currency Account Monthly Fee $2.50 Minimum Balance required to waive monthly fee $500.00 Currency USD Opening Balance $500 Transactions included Unlimited deposits and self-service transfers between Scotiabank Acc Branch Transactions $1.50 ATM withdrawals ( per item) $0.00 Non-Scotiabank ATM Fees apply, Regular sundry fees apply Cheque writing privilege Yes Pays Interest No Statement Frequency Quarterly Overdraft available No 4
AGE BASED ACCOUNTS PRIMARY SAVINGS JUNIOR Ages 0-17 years of age- opened with Parent or Guardian Minimum Monthly Fee None Currency Opening Balance $0.00 Branch withdrawals $3.00 Deposits (Branch & ATM) Free ATM withdrawals (per item) $1.50 Non-Scotiabank ATM Fees apply, Regular sundry fees apply Internet,Mobile,Telephone & POS Free Cheque writing privilege No Pays Interest Calculated MINIMUM Monthly paid monthly Statement Frequency Quarterly Overdraft available No TOTAL ACCESS SENIOR Age 60 years and older. A younger spouse or relative is also eligible for a joint account. Monthly Fee None Currency Opening Balance $0.00 Number of transactions 10 transactions plus included UNLIMITED SELF-SERVICE debit transactions Branch Transactions $2.00 ATM withdrawals (per item) Free ATM Deposits Free Non-Scotiabank ATM Fees apply, Regular sundry fees apply, except as indicated below. Internet,Mobile,Telephone & POS Free Cheque writing privilege Yes Pays Interest Calculated MINIMUM Monthly paid monthly Statement Frequency Quarterly Overdraft available No 25% off Safety Deposit Box fee, FREE Standing Orders and Drafts 5
ELECTRONIC ACCESS YOUTH Age 18-25 years Monthly Fee $3.00 Currency Opening Balance $0.00 Number of transactions included UNLIMITED SELF-SERVICE debit transactions Branch transactions/cheque $3.00 ATM Unlimited, Regular Non-Scotiabank ATM fees apply ATM Deposit Free Cheque writing privilege Yes Pays Interest No Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria SUNDRY FEES FUNDS TRANSFERRED AND FOREIGN EXCHANGE Managers Cheques/Drafts $15.00 Wire tranfers- individual retail customers only (Caricom & Trinidad) $50.00 -North America $100.00 - UK & Europe/Far East/Asia $125.00 Duplicate draft $25.00 Incoming Transfers $10.00 Charge for foreign drafts sold Selling exchange Rate + $45.00 + Government Stamp Duty 0.30 Cents Handling charges for foreign drafts $2.50 SAFETY DEPOSIT BOX 1 1/2 X 5 x 24 $125.00 2 1/2 x 5 x 24 $150.00 5 1/2 x 5 x 24 $175.00 5 x 10 x 24 $300.00 Drilling of Safety Deposit Box $200 + Costs Replacing Lock min $200 Lost/Broken Keys $50.00 + Costs * 2 free visits monthly SDB Rental Rebates 1/12 of annual rental for each unexpired full month; net charge first year must not be less than 1/12 annual rental 6
MISCELLANEOUS CHARGES Audit Certificates $25.00 - $100.00 Standing Orders (Bankers' orders) $10.00 Credit Reports for Customers benefit $15.00 Utility Bills $10.00 Photocopies (per item) $5.00 Print screen of Account $8.00 Cheque encashment-non customer $10.00 Service Charge on account closed within 3 months $25.00 Duplicate Statements/Drafts $30.00 SELF SERVICE BANKING Visa Debit Card ATM Withdrawal locally/regionally at Non-Scotiabank ATM ATM Withdrawal at ATM internationally GLOBAL ATM Alliance ATM Machines ATM withdrawal at SCOTIABANK ATM's worldwide Balance Enquiries & Declines on a withdrawal at non-scotiabank ATM's within the country & Internationally POS use regionally POS use Internationally POS Decline for insufficient funds internationally INTERNET BANKING MOBILE BANKING Free $12.00 $5.00 + 2% of the transaction amount $5.00 fee refunded, but network fee of 2% of Transaction Amount to be paid FREE $2.00 FREE 1.5% of the transaction amount $2.50 FREE FREE 7
PERSONAL CREDIT CARDS Standard Cards Annual (Membership) Fee $100.00 Additional Card $0.00 Cash Advance Fee 3.0%, min $10 Dishonored Cheque Charge (NSF) $45.00 Returned Cheque Charge $45.00 Late Payment Fee $75.00 Over limit Fee $75.00 Replacement Card Fee $30.00 Replacement Sales Draft $ 5.00 Statement Copy Fee $15.00 MasterCard Gold Cards Annual (Membership) Fee $220.00 Additional Card $0.00 Cash Advance Fee 3.0%, min $10 Dishonored Cheque Charge $45.00 Returned Cheque Charge $45.00 Late Payment Fee $75.00 Over limit Fee $75.00 Replacement Card Fee $30.00 Copy of Transaction/Charge Slip $5.00 Statement Copy Fee $15.00 AAdvantage MasterCard Annual (Membership) Fee $125.00 Additional Card $0.00 Cash Advance Fee 3.0%, min $10 Dishonored Cheque Charge (NSF) $45.00 Returned Cheque Charge $45.00 Late Payment Fee $75.00 Over limit Fee $75.00 Replacement Card Fee $30.00 Copy of Transaction/Charge Slip $ 5.00 Statement Copy Fee $ 0.00 8
RETAIL LENDING PRODUCTS Residential Mortgage* Application Fee $0.00 Commitment Fees 1.00-1.50% for Loans under $100M 1.25% - 2.00% for Loans over $100M Late Payment Fee $65.00 Loan Refinancing/Renegotiating Fee Charged on new funds only of approved Loan Amount Inspection fee/site Visits - Progress Reports $100.00 per visit Prepayment Fee (Charge incurred on any prepayment amounts made in excess of the amount specified in your PCA for any one calendar year. Real Estate Loans* Application Fee Late Payment Fee $65.00 180 days interest on any prepayment made in excess of the amount entitled to for anyone calendar year as set out in your PCA (Personal Credit Agreement 1% OF APPROVED Loan Amount or min $250.00 Personal Loans (SPL) Private Vehicles & Consumer Loans Application Fee ( Charged on approved applications only) Late Payment Fee (after 10 days delinquency) 1% OF APPROVED Loan Amount or min $250.00 $65.00 *Government Stamp Fees & Legal Fees apply - Dependent on the amount of Loan and the charges vary per lawyer 9
PERSONAL LINE OF CREDIT SCOTIALINE GOLD Annual Fee $200.00 for Primary Borrower; $00.00 for Co-borrower Over Limit Fees $65.00 Late Payment Fee $65.00 Dishonored payment $55.00 Additional or replacement statement fee $10.00 Retrieval of Items Fee $10.00 ATM Cash Advance Fee $ 5.00 Fee for replacing lost or damaged Scotialine Gold card $35.00 SCOTIALINE Annual Fee Over Limit Fees Late Payment Fee $65.00 Dishonored payment $55.00 Additional or replacement statement fee $10.00 Retrieval of Items Fee $10.00 ATM Cash Advance Fee $ 5.00 Fee for replacing lost or damaged Scotialine Gold card $35.00 OVERDRAFT PROTECTION Application Fee $135.00 Monthly Fee (Interest charges) MIN. Interest calculated on maximum daily balance $40.00 Handling Charge $55.00 $150.00 for Primary Borrower; $75.00 for Co-borrower $65.00 10
SMALL BUSINESS ACCOUNTS Small Business Operating Account Branch: Monthly fee - $20.00, Debit - $1.75, Credit - $1.25, Transfer - $1.25 ABM: Debit - $1.50, Credit - $1.00, Transfer - $1.00 USD $10.00 Maintenance Fee Branch: Debit - $1.50, Credit - $1.00, Transfer - $1.00 ABM: Debit - $1.25, Credit - $1.00, Transfer - $1.00 Cash/Coin Deposited (in Branch) $1.00 per $1,000 Cash/Coin Deposited (Night Deposit) $0.50 per $1,000 Business Surplus Account Monthly Fee: $10.00 for balances below $5,000 Branch: Debit - $3.50, Credit - $2.50, Transfer - $1.25 ABM: Debit - $3.50, Credit - $2.50, Transfer - $1.00 Cash/Coin Deposited (in Branch) $1.00 per $1,000 Cash/Coin Deposited (Night Deposit) $0.50 per $1,000 SMALL BUSINESS FINANCING TERM FINANCING (LOANS) Application Fee 1.00% Renewal Fee 0.50%, minimum $250.00 CREDIT LINE Application Fees 1.00% Commitment Fee NIL Minimum Overdraft Interest $40.00 Administration Fee (Over-run) 0.50%, minimum $250.00 Renewal Fee 0.50%, minimum $250.00 OVERDRAFT FOR SMALL BUSINESS Application Fees NIL Commitment Fee NIL Renewal Fee NIL Minimum Overdraft Interest $40.00 Administration Fee $40.00 SMALL BUSINESS CREDIT CARDS - REGULAR BUSINESS/AADVANTAGE BUSINESS EXECUTIVE Annual (Membership) Fee (Principal Owner/Partner/ $100.00/$60.00/$60.00 Employee) $250.00/$80.00/$80.00 Additional Card No charge Cash Advance Fee 3.5%, min $15.00 Dishonored Cheque charge $45.00/$50.00 (NSF) Returned Cheque Charge $50.00 Late Payment Fee (Regular/AA Business) $45.00 Over Limit Fee $50.00 Replacement Card Fee $30.00 Copy of Transaction Charge Slip $0.00 Statement Copy Fee $0.00 11
COMMERCIAL ACCOUNTS Commercial Operating Account Branch: Monthly fee - $25.00, Debit - $1.75, Credit - $1.25, Transfer - $1.25 ABM: Debit - $1.50, Credit - 1.00, Transfer - 1.00 USD Branch: Monthly fee - $15.00, Debit - $1.50, Credit - $1.00, Transfer - $1.00 ABM: Debit - $1.25, Credit - 1.00, Transfer - 1.00 Cash/Coin Deposited (in Branch) $1.00 per $1,000 Cash/Coin Deposited (Night Deposit) $0.50 per $1,000 Business Surplus Account Monthly Fee: $10.00 for balances below $5,000 Branch: Debit - $3.50, Credit - $2.50, Transfer - $1.25 ABM: Debit - $3.50, Credit - $2.50, Transfer - $1.00 Cash/Coin Deposited (in Branch) $1.00 per $1,000 Cash/Coin Deposited (Night Deposit) $0.50 per $1,000 Night Depository Annual Fee Replacement Wallet Disposable bags (100 bags) Replacement Keys Replacement Locks $200.00 $200.00 $175.00 - $200.00 $75.00 + cost $200.00 + cost Small Business and Commercial Account Fees Certification of Balance of account $35.00 Non-sufficient Funds (NSF) $75.00, $50.00USD Certified Cheque $20.00, $10.00USD Stop Payment $30.00, $60USD Items deposited subsequently charged back $25.00 Minimum Overdraft Interest (Calculated on maximum daily balance) $40.00 Overdraft Handling Charge $55.00 Transfer between accounts to cover cheques $12.00 Search for vouchers $40.00 per hour, Min $25.00 Duplicate Statements $30.00 12
COMMERCIAL & CORPORATE FINANCING TERM FINANCING (LOANS) Application Fee 1-3% DEMAND LOANS Application Fees 1-3% Application Fee (urgent reviews) 3/4% - 3% of the amount of the increase, Min $250.00 Renewal Fee 1/4% - 1.00% of total amount authorized Overrun Fees $50.00 - $250.00 per occasion Administration Fee (monitoring of conditions) $25.00- $1,000 per occasion Breach of Conditions $25.00- $1,000 per occasion WIRE FEES- COMMERCIAL AND SMALL BUSINESS Branch $120.00 Online $100.00 PAYROLL PREPARATION Scotiabank banked employer Each Payroll Run $60.00 Transaction fee Into Scotiabank Account $2.00 Payment by other means $10.00 Non-Scotiabank employer with Scotiabank banked employees Each Payroll Run $80.00 Transaction fee per Customer $ 2.00 13
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