The Bank of Nova Scotia St. Kitts & Nevis 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... Small Business & Commercial... Personal Lending Products... Personal Credit Cards... Funds Transfer & Foreign Exchange... Miscellaneous.. Self-Service Banking... Page 3-6 7-9 10-11 12 13 13 14 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 stkittsandnevis.scotiabank.com - Notice in the branches - Advertisement - Notice in writing - Email or text messages The information in this Schedule of Rates does not include all retail fees and services charges, only those most applicable for standard banking transactions. 2
All fees and charges are subject to Value Added Tax (VAT) of 17%, except otherwise stated EVERYDAY BANKING TOTAL ACCESS Account Monthly Fee $13.00 Currency Minimum Opening Balance $0.00 Number of transactions included 10 branch/cheque transactions, unlimited self-service transfers between Scotiabank Accounts & unlimited proprietary electronic transactions Branch transactions/cheque $3.00 with Scotiacard $5.00 without Scotiacard Proprietary ABM Proprietary POS ATM Mini Statement Other Fees Non-Scotiabank ATM Fees apply, Regular sundry fees apply Internet, Mobile, Telephone & POS Cheque writing privilege Yes Pays Interest No Interest Paid Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria Other Available for Sales to Residents of CANADA ELECTRONIC ACCESS Account Monthly Fee $6.00 Currency Minimum Opening Balance $0.00 Items Unlimited self-service transactions on proprietary channels Branch transactions/cheque $6.00 with Scotiacard $7.00 without Scotiacard ATM withdrawals ATM Mini Statement Proprietary ABM Proprietary POS Other Fees Non-Scotiabank ATM Fees apply, Regular sundry fees apply Internet,Mobile,Telephone & POS Cheque writing privilege Yes Pays Interest No Interest Paid Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria Other Available for Sales to Residents of CANADA 3
Primary Savings Account Monthly Fee $5.00 Minimum Balance required to waive monthly fee $500.00 Currency Minimum Opening Balance $0.00 Number of transactions included 1 Branch transaction, unlimited self-service transfers between Scotiabank Accounts Branch transactions/cheque $5.00 with Scotiacard and $7.00 without Scotiacard ATM withdrawals (per item) $1.50 ATM Mini Statement Proprietary POS Other Fees Non-Scotiabank ATM Fees apply, Regular sundry fees apply Internet, Mobile, Telephone & POS Cheque writing privilege NO Pays Interest Calculated and paid monthly Statement Frequency Quarterly Overdraft available No Other ASP/SSRB Eligible - 1% bonus interest on ASP Contributions SIGNATURE SAVINGS ACCOUNT - (Not available for new customers) Monthly Fee $5.00 Minimum Balance required to waive monthly fee $1,000.00 Items 1 free transaction any channel, unlimited deposits and unlimited self-service transfers between Scotiabank Account Branch $5.00 Proprietary ABM $5.00 Proprietary POS Other Fees Non-Scotiabank ATM Fees apply, Regular sundry fees apply SPECIALTY ACCOUNT- Foreign Currency Account Monthly Fee $2.50 Minimum Balance required to waive monthly fee $500.00 Items Unlimited deposits and selfservice transfers between Scotiabank Accounts Currency USD Opening Balance $500 Number of transactions included None Branch $1.50 ATM Mini Statement Proprietary ABM Proprietary POS Other Non-Scotiabank ATM Fees apply, Regular sundry fees apply Internet, Mobile, Telephone & POS Proprietary POS Deposit Cheque writing privilege Yes Pays Interest No Statement Frequency Quarterly Overdraft available No 4
Age Based Accounts Primary Savings Junior Minimum Monthly Fee Currency Opening Balance $0.00 Items Branch $3.00 ATM withdrawals (per item) $1.50 ATM Mini Statement Other Internet, Mobile, Telephone & POS Deposit Cheque writing privilege Pays Interest Statement Frequency Overdraft available Ages 0-17 years of age- opened with Parent or Guardian None Unlimited self-service Transfers between Scotiabank Accounts Non-Scotiabank ATM Fees apply, Regular sundry fees apply No Calculated and paid monthly Quarterly 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 included 10 - Branch/Cheque plus Unlimited self - service transactions Branch $2.00 ATM withdrawals ATM Mini Statement Other Fees Internet, Mobile, Telephone & POS Deposit Cheque writing privilege Pays Interest Statement Frequency Overdraft available Other 5 Non-Scotiabank ATM Fees apply, Regular sundry fees apply, except as indicated below Yes Calculated and paid monthly Quarterly No 25% off Safety Deposit Box fee, FREE Standing Orders and Drafts
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 $5.00 ATM Withdrawals ATM Deposit ATM Mini Statement Other Fees Non-Scotiabank ATM Fees apply, Regular sundry fees apply Cheque writing privilege Yes Pays Interest No Statement Frequency Quarterly Overdraft available Yes, subject to normal lending criteria 6
SMALL BUSINESS & COMMERCIAL ACCOUNTS SMALL BUSINESS OPERATING ACCOUNT $20.00 Monthly Fee Branch: Debit - $1.75, Credit - $1.25, Transfer - $1.25 ABM: Debit - $1.50, Credit -$1.00, Transfer - $1.00 USD $15.00 Monthly 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 $10.00 Monthly Fee for balances below $5,000.00 Branch: Debit - $3.50, Credit - $2.50, Transfer - $1.25 ABM: Debit - $3.50, Credit -$2.50, Transfer - $1.00 USD $15.00 Monthly Fee for balances below $5,000.00 Branch: Debit - $3.00, Credit - $2.00, Transfer - $1.00 ABM: Debit - $3.00, Credit -$2.00, Transfer - $1.00 Cash/Coin Deposited (in Branch) $1.00 per $1,000 Cash/Coin Deposited (Night Deposit) $0.50 per $1,000 7
SMALL BUSINESS & COMMERCIAL FINANCING CREDIT LINE Application Fees 1 % Commitment Fee Nil Minimum Overdraft Interest $40.00 Administration Fee (over-run) 0.50%, Min $250.00 Renewal Fee 0.50%, Min $250.00 $20.00 Monthly Fee Branch: Debit - $1.75, Credit - $1.25, Transfer - $1.25 ABM: Debit - $1.50, Credit -$1.00, Transfer - $1.00 TERM FINANCING (LOANS) Application Fee 1% of Loan Amount DEMAND LOANS Application Fees 1% of Loan Amount Application Fees (urgent reviews) ¾% - 3% of amount of increase, Min $100.00 Overrun Fee 1% of overrun per occasion Administration Fees $25 - $1,000 per occasion (monitoring of conditions) Breach of Conditions 1% of payment amt. Min $25 Other Fees Certification of Balance of account $40.00 Certificate of Int. paid for Tax purposes ¾%, min. $50.00 Telephone Inquiry on a regular basis $10.00 per call Items deposited subsequently charged back $45.00 Transfer between accounts to cover cheques $15.00 Minimum overdraft interest $30.00 Overdraft Handling Charge $60.00 Cheques & Pre-authorized debits $100.00 per occurrence (Comm) creating and/or increasing overdraft Search for vouchers Non-Sufficient Funds (NSF) Certified Cheque Stop Payment Duplicate Statements $15.00 $20.00 same month, ($50/hr < 12 months). $25.00, 2 12 months ($60/hr: 1-2 years) $50.00, > 12 months ($75/hr: 2-3 years) $75.00, $50.00USD $20.00, $10.00USD $30.00, $60.00USD 8
Annual Fee Replacement Wallet Disposable bags (100 bags) Replacement Keys Replacement Locks Night Depository Payroll Preparation $200.00 $200.00 $100.00 $75.00 + cost $200.00 + cost 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 Wire Fees Commercial & Small Business Branch $100.00 Online $75.00 Safety Deposit Box Local Residents 1 1/2 X 5 x 24 $150.00 2 1/2 x 5 x 24 $175.00 5 ½ x 5 x 24 $200.00 Non-Residents* 1 1/2 X 5 x 24 $150.00 2 1/2 x 5 x 24 $175.00 5 ½ x 5 x 24 $200.00 * Non-residents must prepay for two years. Drilling of Safety Deposit Box Lost or Broken Keys SDB Rental Rebates: $250 per box $75.00+costs 1/12 of annual rental for each unexpired full month; net charge first year must not be less than 1/12 annual rental 9
RETAIL LENDING PRODUCTS Residential Mortgage Application Fees (Straight Purchases) 1% of Approved Loan Amount (VAT exempt), Min. $250.00 Commitment Fees No commitment fee charged when application fee is collected Government Stamp Fees & Depends on Loan Amount, and Legal Fees charge varies by lawyer. (Paid by the customer) Late Payment Fee $100.00 Customer Letters (Res. Mtgs) $40.00 Construction Stage Payments 1% above regular Mortgage Interest (Interest only paid Rate on Construction Loans) Renewal Fee (Charge incurred for renewing your $160.00 Mortgage with the Bank) Prepayment Fee (Charge 180 days interest on any incurred on any prepayment prepayment made in excess of amounts made in excess of the amount entitled to for the amount specified in your any one calendar year as set out PCA for any one calendar year in your PCA (Personal Credit Agreement). Inspection Fee/Site Visits - $100.00 per visit Real Estate Loans Application Fee 1% of Approved Loan Amount or Min. $100.00 Government Stamp Fees & Depends on Loan Amount, and Legal Fees charge varies by lawyer. Late Payment Fee $100.00 Personal Loans (SPL) Private Vehicles & Other Consumer Loans Application Fee 1% of Approved Loan Amount (Approved applications only) or Min. $100.00 Late Payment Fee (after $100.00 10 days delinquency) Renewal Fee $100.00 10
LINE OF CREDIT SCOTIALINE GOLD PERSONAL LINE OF CREDIT Annual Fee Over limit Fees (Charge incurred monthly whenever the ScotiaLine is over the Limit) $50.00 Late Payment Fee (Applied to each payment made after the due date) $50.00 Dishonored payment (applied to each payment credited to your account that is subsequently returned to us unpaid $55.00 Fee for replacing an additional or replacement statement $10.00 Fee for replacing lost or damaged Scotialine Gold card $40.00 $270.00 for Primary Borrower; $0.00 for Coborrower SCOTIALINE PERSONAL LINE OF CREDIT Annual Fee $150.00 for Primary Borrower; $75.00 for Co-borrower Over limit Fees (Charge incurred monthly whenever the ScotiaLine is over the Limit) $50.00 Late Payment Fee (Applied to each payment made after the due date) $50.00 Dishonored payment (applied to each payment credited to your account that is subsequently returned to us unpaid $55.00 Fee for replacing an additional or replacement statement $10.00 11
Personal Credit Cards Standard Cards Annual (Membership) Fee $75.00 Additional Card $0.00 Cash Advance Fee Dishonored Cheque Charge (NSF) Returned Cheque Charge $60.00 Late Payment Fee $75.00 Over limit Fee $75.00 3.51%, Min $15.00 $60.00 Replacement Card Fee-Lost, $30.00 damaged or stolen Copy of Transaction/Charge Slip $5.00 Statement Copy Fee $15.00 Interest Rate (per annum) 19.99% Gold Cards Annual (Membership) Fee $190.00 Additional Card $0.00 Cash Advance Fee 3.51%,Min $15.00 Dishonored Cheque Charge (NSF) $60.00 Returned Cheque Charge $60.00 Late Payment Fee $75.00 Over limit Fee $75.00 Replacement Card Fee-Lost, damaged or stolen $30.00 Copy of Transaction/Charge Slip $5.00 Statement Copy Fee Interest Rate $15.00 19.99% Personal Credit Cards (Speciality Cards) AAdvantage MasterCard Annual (Membership) Fee $125.00 Additional Card $0.00 Cash Advance Fee Dishonored Cheque Charge (NSF) Returned Cheque Charge $60.00 Late Payment Fee $75.00 Over limit Fee $75.00 3%, Min $15.00 $60.00 Replacement Card Fee-Lost, $30.00 damaged or stolen Copy of Transaction/Charge Slip $5.00 Statement Copy Fee $15.00 Interest Rate (per annum) 19.99% 12
FUNDS TRANSFERRED AND FOREIGN EXCHANGE Managers Cheques/Drafts (Local) Managers Cheques/Drafts (Foreign) Mail Transfers (Inland Local) Mail Transfers (Overseas) Telegraphic Transfers Incoming Mail & Wire Transfers USD Card Transaction Conversion of FX to draft re Incoming Transfers Charge for drafts sold when FX cheque is presented $15.00+stamp duty $45.00+stamp duty $10.00 ½%, Min. $10.00 + Exchange + Costs $50.00: Caribbean $70.00: US & CAD $100.00: Other countries $10.00 if not BNS cust. 1% foreign exchange + stamp duty per trans. 1% (at Manager s Discretion) $1-$999 = 1% $1,000-$24,999=1/2% $25,000-$49,999=1/4% Over $50,000=1/3% MISCELLANEOUS CHARGES Audit Certificates $50.00 Standing Orders (Bankers' orders) $15.00 (draft) $10.00 (funds transfer) Draft Tracers (Mailed & faxed) $20.00 - $50.00 Conversion of Currency into draft USD & CAD: 1% foreign exchange + $4.00 service charge+ stamp duty Duplicate Draft $30.00 Credit Reports for Customers benefit $30.00 (Retail) $40.00 (Comm.) Utility Bills $10.00 Photocopies (per item) $5.00 Transfers between accounts $15.00 Negotiation of Foreign Curr. Cheques+Drafts $2.50+stamp duty No charge for BNS drafts Service charge on account closed within 3 months $25.00 Cheque encashment non customer $10.00 Cheques & Pre-authorized debits (Retail) $5.00 per occurrence creating and/or increasing overdraft Opening new account due to lost passbook $15.00 Letters & Forms at customer s request $40.00 Print out of account (per page) $5.00 Withdrawal by 3 rd party $20.00 Prepared change orders $100.00 Cheques issued on non-chequing account $3.00 per entry Security purchase & sale 2%, Min. $25 + broker s fee 13
Self Service Banking Visa Debit Card ATM Withdrawal locally/regionally at Non-Scotiabank ATM ATM Withdrawal at ATM internationally $12.00 $5.00 + 2.35% of the transaction amount GLOBAL ATM Alliance ATM Machines $5.00 fee refunded, but network fee of 2% of Transaction Amount to be paid ATM withdrawal at SCOTIABANK ATM's worldwide FREE 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 $12.00 FREE 2.35% of the transaction amount $2.50 14
Contact Us Call us at 869-466-1010 Visit our website at stkittsandnevis.scotiabank.com Visit our facebook page at www.facebook.com/scotiabankkn Tweet us at @ScotiabankKN