JAMAICA CORPORATE Effecti ve: Apri l 9, 2018 Page 1 of 23
CONTENTS 1 CORPORATE DEPOSIT AND TRANSACTION ACCOUNTS - LOCAL CURRENCY 2 CORPORATE DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY 3 SUNDRY SERVICES 4 LENDING AND CARD SERVICES 5 CORPORATE SERVICES 6 TRADE SERVICES Page 2 of 23
CORPORATE DEPOSIT AND TRANSACTION ACCOUNTS - LOCAL CURRENCY Business Current Accounts (Product code 1) Minimum monthly service fee JMD 515.02 JMD 84.98 JMD 600.00 Monthly Debits 0 0 Withdrawals/Debits /Cheques - In Branch / OTC Fee JMD 85.11 JMD 14.04 JMD 99.15 Monthly Credits 0 0 Deposits/Credits - In Branch / OTC Fee JMD 85.11 JMD 14.04 JMD 99.15 Business Premium Account - Interest Bearing (Product code 8) Minimum monthly service fee JMD 557.94 JMD 92.06 JMD 650.00 Monthly Debits 1 1 Withdrawals/Debits /Cheques - In Branch / OTC Fee JMD 107.30 JMD 17.70 JMD 125.00 Monthly Credits 1 1 Deposits/Credits - In Branch / OTC Fee JMD 107.30 JMD 17.70 JMD 125.00 Business Call Account - Interest Bearing (Product code 34) Minimum monthly service fee JMD 382.98 JMD 63.19 JMD 446.17 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee JMD 85.11 JMD 14.04 JMD 99.15 Monthly Credits 4 4 Deposits/Credits - In Branch / OTC Fee JMD 85.11 JMD 14.04 JMD 99.15 Fixed Deposit Accounts & Corporate Income Escalator Transfer to another internal account on maturity Transfer to another institution on maturity JMD 141.85 JMD 23.40 JMD 165.25 Early Redemption Fees - Non-redeemable Fixed deposits only : Term 50,000 100,000 300,000 500,000 1,000,000 5,000,000 50M> 30-365 days $1,500 $1,500 $1,500 $5,000 $5,000 $5,000 $15,000 Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. Page 3 of 23
DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY UNITED STATES DOLLAR (USD) USD Business Current Accounts (Product code 3) Non-Sufficient Funds USD 32.77 USD 5.41 USD 38.18 Charge backs - (items returned to us by another bank) USD 28.33 USD 4.67 USD 33.00 Minimum monthly service fee USD 43.35 USD 7.15 USD 50.50 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee USD 2.58 USD 0.42 USD 3.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee USD 0.64 USD 0.11 USD 0.75 USD Business Premium Accounts - Interest Bearing (Product code 14) Non-Sufficient Funds USD 32.77 USD 5.41 USD 38.18 Charge backs - (items returned to us by another bank) USD 28.33 USD 4.67 USD 33.00 Minimum monthly service fee USD 43.56 USD 7.19 USD 50.75 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee USD 2.58 USD 0.42 USD 3.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee USD 0.86 USD 0.14 USD 1.00 USD Business Call Accounts - Interest Bearing (Product codes 38 & 912) Charge backs - (items returned to us by another bank) USD 25.75 USD 4.25 USD 30.00 Minimum monthly service fee USD 12.88 USD 2.12 USD 15.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee USD 0.86 USD 0.14 USD 1.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee USD 0.86 USD 0.14 USD 1.00 USD Call Personal Accounts (Product code 650) Charge backs - (items returned to us by another bank) USD 25.75 USD 4.25 USD 30.00 Monthly Debits 1 1 Withdrawals/Debits /Cheques - In Branch / OTC Fee USD 0.86 USD 0.14 USD 1.00 Monthly Credits 1 1 Deposits/Credits - In Branch / OTC Fee USD 0.86 USD 0.14 USD 1.00 USD Fixed Deposit Accounts (Product codes 58 & 112) Transfer to another internal account on maturity Transfer to another institution on maturity Draft of Wire Draft of Wire fees Page 4 of 23
DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY CANADIAN DOLLAR (CAD) CAD Business Current Account (Product code 2) Non-Sufficient Funds CAD 46.81 CAD 7.72 CAD 54.53 Charge backs - (items returned to us by another bank) CAD 9.44 CAD 1.56 CAD 11.00 Minimum monthly service fee CAD 12.88 CAD 2.12 CAD 15.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 CAD Business Premium Account - Interest Bearing (Product code 11) Non-Sufficient Funds CAD 46.81 CAD 7.72 CAD 54.53 Charge backs - (items returned to us by another bank) CAD 9.44 CAD 1.56 CAD 11.00 Minimum monthly service fee CAD 12.88 CAD 2.12 CAD 15.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 CAD Business Call Account - Interest Bearing (Product code 36) Charge backs - (items returned to us by another bank) CAD 8.58 CAD 1.42 CAD 10.00 Minimum monthly service fee CAD 12.88 CAD 2.12 CAD 15.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee CAD 0.86 CAD 0.14 CAD 1.00 CAD Fixed Deposit Accounts (Product code 56) Transfer to another internal account on maturity Transfer to another institution on maturity Draft of Wire Draft of Wire fees Page 5 of 23
DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY POUND STERLING (GBP) GBP Business Current Accounts (Product code 4) Non-Sufficient Funds GBP 10.64 GBP 1.76 GBP 12.40 Charge backs - (items returned to us by another bank) GBP 4.72 GBP 0.78 GBP 5.50 Minimum monthly service fee GBP 8.58 GBP 1.42 GBP 10.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee GBP 0.47 GBP 0.08 GBP 0.55 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee GBP 0.47 GBP 0.08 GBP 0.55 GBP Business Premium Accounts-Interest Bearing (Product code 17) Non-Sufficient Funds GBP 10.64 GBP 1.76 GBP 12.40 Charge backs - (items returned to us by another bank) GBP 4.72 GBP 0.78 GBP 5.50 Minimum monthly service fee GBP 8.58 GBP 1.42 GBP 10.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee GBP 0.56 GBP 0.09 GBP 0.65 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee GBP 0.56 GBP 0.09 GBP 0.65 GBP Business Call Accounts - Interest Bearing (Product code 40) Charge backs - (items returned to us by another bank) GBP 4.29 GBP 0.71 GBP 5.00 Minimum monthly service fee GBP 8.58 GBP 1.42 GBP 10.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee GBP 0.56 GBP 0.09 GBP 0.65 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee GBP 0.56 GBP 0.09 GBP 0.65 GBP Call Accounts - Personal (Product code 651) Charge backs - (items returned to us by another bank) GBP 4.29 GBP 0.71 GBP 5.00 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee GBP 0.64 GBP 0.11 GBP 0.75 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee GBP 0.64 GBP 0.11 GBP 0.75 GBP Fixed Deposit Accounts (Product code 60) Transfer to another internal account on maturity Transfer to another institution on maturity Draft of Wire Draft of Wire fees Page 6 of 23
DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY JAPANESE YEN (JPY) JPY Business Current Accounts (Product code 907) Minimum monthly service fee 851.06 140.42 991.48 Monthly Debits Unlimited Unlimited Withdrawals/Debits /Cheques - In Branch / OTC Fee Monthly Credits Unlimited Unlimited Deposits/Credits - In Branch / OTC Fee EURO DOLLARS (EUR) EUR Call Account (Product code 922) Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee EUR 0.85 EUR 0.14 EUR 0.99 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee EUR 0.43 EUR 0.07 EUR 0.50 EUR deposit charge 0.7% p.a. of Average Monthly Balance 0.116% 0.816% p.a. of Average Monthly Balance DEUTSCHE MARK (DEM) DEM DICA Non-Personal Account (Product code 21) Non-Sufficient Funds DEM 25.53 DEM 4.21 DEM 29.74 Charge backs - (items returned to us by another bank) DEM 14.16 DEM 2.34 DEM 16.50 Minimum monthly service fee DEM 5.67 DEM 0.93 DEM 6.60 Monthly Debits 2 2 Withdrawals/Debits /Cheques - In Branch / OTC Fee DEM 1.18 DEM 0.19 DEM 1.37 Monthly Credits 2 2 Deposits/Credits - In Branch / OTC Fee DEM 1.18 DEM 0.19 DEM 1.37 Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. 3. EUR currency fixed deposits and transaction accounts, where offered, are charged at a rate of 0.70% per annum. Page 7 of 23
INTERNET AND TELEPHONE BANKING Monthly Access Fee SUNDRY SERVICES WIRE TRANSFERS International Outgoing Wire Transfers (local equivalent): Via Internet Via Branch Via Internet Via Branch Via Internet Via Branch $1 to $99,999.99 J$2,366.09 J$5,910.67 J$390.40 J$975.26 J$2,756.49 J$6,885.93 $100,000 and Over J$2,366.09 J$5,910.67 J$390.40 J$975.26 J$2,756.49 J$6,885.93 International Incoming Wire Transfers To credit an account at one of our branches To credit an account held at other local banks Payable on presentation of Photo Identification: - JMD - USD/CAD - GBP - EUR Local / Regional Transfers Outgoing To an account held at other local banks via RTGS (local currency transactions only) J$127.66 J$180.00 J$21.06 J$29.70 J$148.72 J$209.70 To an account held at one of our regional branches J$1,630.90 J$3,433.48 J$269.10 J$566.52 J$1,900.00 J$4,000.00 Incoming Received from an account held at other local banks via RTGS (local currency transactions only) ACH Fee: Large Value Items over J$1 Million Returned Wire Payments: Incoming and Outgoing Tracers on Wire Transfers Cancelled Wire J$3,181.54 J$524.95 J$3,706.49 J$3,181.54 + Draft / RTGS J$524.95 J$3,706.49 + Draft /RTGS J$3,181.54 J$524.95 J$3,706.49 USD/CAD $17.17 USD/CAD $2.83 USD/CAD $20.00 15.45 2.55 18.00 12.88 2.12 15.00 J$180.00 J$29.70 J$209.70 J$5,000.00 J$825.00 J$5,825.00 USD $40.00 USD $6.60 USD $46.60 USD $35 + Foreign Bank USD $40.78 + Foreign Bank USD $5.78 charges charges USD $30 + Foreign Bank charges USD $4.95 USD $34.95 + Foreign Bank charges Notes: 1. All figures are quoted in local currency unless otherwise stated. 2. RTGS - Real Time Gross Settlement is an initiative of some local Central Banks that allows commercial banks to make (large) inter-bank transactions in realtime in local currency 3. All wires are sent for Beneficiary to pay Correspondent fees Page 8 of 23
DRAFTS Local Draft (Manager's Cheque) - Client Local Draft (Manager's Cheque) - Non-Client Local Draft (Manager's Cheque) over J$1 million - Client SUNDRY SERVICES J$525.00 J$86.63 J$611.63 J$1,201.72 J$198.28 J$1,400.00 J$5,000. 00 + Draft fee J$825.00 J$5,825.00 + draft fee Local Draft (Manager's Cheque) over J$1 million - Non-Client USD Draft - drawn on a local Bank USD Draft - drawn on a foreign Bank Other Foreign Currency Draft paid in local currency Other Foreign Currency Draft paid in foreign currency Tracers on Local Drafts (plus costs) Tracers on Foreign Drafts (plus costs) Stop Payment on Local Drafts (plus costs) Stop Payment on Foreign Drafts (includes foreign bank charges) Duplicate / Replacement Drafts - Local drafts - Client Duplicate / Replacement Drafts - Local drafts - Non-Client Duplicate / Replacement Drafts - Foreign drafts STANDING ORDERS Set-up - Local currency Set-up - Foreign currency Amendment - Local currency Amendment - Foreign currency Internal Standing Orders Between accounts To make a loan payment or pay annual fees for a bank service To transfer funds LOCALLY To transfer funds LOCALLY via Local RTGS Wire To transfer funds OVERSEAS Charge of order cannot be processed J$6,201. 72 + Draft fee J$1,023.28 J$7,225.00 + draft fee J$1,481.40 J$244.43 J$1,725.83 J$1,613.73 + Draft fee J$266.27 J$1,880 + Draft Fee of $2,104.08 = J$3,984.08 J$1,806.08 J$298.00 J$2,104.08 1.073% Min J$ 1,613.73 1.25% Min J$1,880 + 0.177% + Draft fee Draft fee of J$2,104.08 USD 25.75 USD 4.25 USD $30 + Costs USD 25.75 USD 4.25 USD $30 + Costs J$386.27 J$63.73 J$450 + Costs USD 42.92 USD 7.08 USD 50.00 J$1,030.04 J$169.96 J$1,200.00 J$1,287.55 J$212.45 J$1,500.00 J$1,716.74 J$283.26 J$2,000.00 J$257.51 J$42.49 J$300.00 $2.58 units of resp. currency $0.42 units of resp. currency J$169.96 J$28.04 J$198.00 USD 1.72 USD 0.28 USD 2.00 J$300.43 J$49.57 J$350.00 3 units of resp. currency eg. USD 3.00/GBP 3.00 J$954.19 J$157.44 J$1,111.63 J$1,134.19 J$187.14 J$1,321.33 J$429.18 + Draft/wire fee J$70.82 J$500.00 + draft/wire fee J$343.35 J$56.65 J$400.00 Page 9 of 23
SUNDRY SERVICES BILL PAYMENT Via the Internet Via the Branch Counter - Customer Via the Branch Counter - Non-customer Via the ABM Via Standing Order (bills are sent to bank for payment) Via Direct Debit (Pre-Authorized Payment) TRANSFER BETWEEN ACCOUNTS By customer via our ABM, or internet banking By us on written/faxed/telephoned instructions JMD account USD account CAD account GBP account EUR account Transfer between overdrawn accounts Transfer to a third party account CHEQUE RELATED Cheque Books (all styles) Stop payment on a local cheque (all reasons) Stop payment on a foreign cheque (all reasons) Charge backs - (items returned to us by another bank) Local Cheque Foreign Cheques (add foreign Bank Charge to the below fee) USD account CAD account GBP account EUR account Non-Sufficient Funds (return cheque charge) PAP (Pre-Approved Payment) Initiation Cheque recalled at customer's request Encashing CIBC FCIB cheques - Client Encashing CIBC FCIB cheques - Non-Client Encashing other banks cheques - Client Encashing other banks cheques - Non-Client Foreign Cheque Processing Fee J$170.21 J$28.08 J$198.29 J$170.21 J$28.08 J$198.29 J$317.60 J$52.40 J$370.00 J$214.59 J$35.41 J$250.00 J$858.37 J$141.63 J$1,000.00 USD $3.13 USD $0.52 USD $3.65 CAD 3.00 CAD 0.50 CAD 3.50 GBP 2.15 GBP 0.35 GBP 2.50 EUR 2.58 EUR 0.42 EUR 3.00 J$858.37 J$141.63 J$1,000.00 J$858.37 J$141.63 J$1,000.00 Cost J$386.27 J$63.73 J$450.00 USD 42.92 USD 7.08 USD 50 + foreign bank chg J$686.70 J$113.30 J$800.00 USD $24.55 USD $4.05 USD $28.60 CAD 28.33 CAD 4.67 CAD 33.00 GBP 17.00 GBP 2.80 GBP 19.80 EUR 17.00 EUR 2.80 EUR 19.80 J$817.02 J$134.81 J$951.83 J$686.70 J$113.30 J$800.00 J$429.18 J$70.82 J$500.00 J$103.00 J$17.00 J$120.00 J$128.76 J$21.24 J$150.00 J$103.00 J$17.00 J$120.00 J$128.76 J$21.24 J$150.00 J$496.34 J$81.90 J$578.24 Page 10 of 23
FOREIGN CURRENCY EXCHANGE Charges for foreign currency transactions where same currency tendered as for that being purchased Travellers Cheques cashed in Foreign Cash Handling Fees Daily Threshold Limit Monthly cap Handling Fees SUNDRY SERVICES 1.073% + Cost of Draft 0.177% 1.25% + Cost of Draft J$86.00 J$14.19 J$100.19 Equiv USD $500.00 Equiv USD $500.00 Equiv USD $10,000.00 Equiv USD $10,000.00 2.330% on amounts in any 2.000% 0.330% foreign currency above the daily threshold ABM New issue/replacement of expired or stolen card Replacement of lost card Transactions at FirstCaribbean ABM ABM Deposits ABM Withdrawals Declines Balance Enquiry **Mini-statement Print Transactions at Otherbank ABM (multilink) Withdrawals Declines Balance Enquiry Point of Sale Purchases Point of Sale Declines Request a copy of ABM video photograph **FREE ABM Withdrawals & Ministatements for the following account types: Direct Banking, Bank@Work, Bank@School, Senior Savings, Senior Chequing J$600.86 J$99.14 J$700.00 J$27.47 J$4.53 J$32.00 J$10.30 J$1.70 J$12.00 J$25.75 J$4.25 J$30.00 J$51.50 J$8.50 J$60.00 J$25.75 J$4.25 J$30.00 J$25.75 J$4.25 J$30.00 J$13.73 J$2.27 J$16.00 J$12.88 J$2.12 J$15.00 J$522.75 J$86.25 J$609.00 STATEMENTS Mailed/Regular/diary filled statement Duplicate/Additional/Interim statement (each) Screen print/photocopy (per page) Held for Collection at the Branch (per month) E-statement: Set Up Monthly Subscription Fee (to be collected via standing order) Daily files Weekly Files Monthly Files Transaction Fee J$557.94 J$92.06 J$650.00 J$257.51 J$42.49 J$300.00 J$1,406.25 J$232.03 J$1,638.28 No Charge No Charge USD50.00 / account USD 8.25 USD 58.25 USD20.00 / account USD 3.30 USD 23.30 USD15.00 / account USD 2.48 USD 17.48 No charge No Charge Page 11 of 23
SUNDRY SERVICES ACCOUNT CLOSURE Within 90 days JMD account USD account CAD account GBP account EUR account Within 180 days J$1,716.74 J$283.26 J$2,000.00 USD $8.58 USD $1.42 USD $10.00 CAD 8.58 CAD 1.42 CAD 10.00 GBP 8.58 GBP 1.42 GBP 10.00 EUR 8.58 EUR 1.42 EUR 10.00 DORMANCY PROTECTION Initial Notice (when account goes dormant after 2 years of inactivity) Annual Notice thereafter Reactivation Transfer to Central Bank (after 15 years of inactivity) No Charge No Charge No Charge No Charge No Charge No Charge No Charge No Charge RESEARCH Where vouchers are held at local branch Same Month (within 30 days of last statement) 1-5 Vouchers / Items Each additional Voucher / Item Up to 3 months 1-5 Vouchers / Items Each additional Voucher / Item Over 3 months and up to 7 Years 1-5 Vouchers / Items Each additional Voucher / Item J$461.65 J$76.17 J$537.82 J$171.67 J$28.33 J$200.00 J$633.33 J$104.50 J$737.83 J$257.51 J$42.49 J$300.00 J$1,312.92 J$216.63 J$1,529.55 J$257.51 J$42.49 J$300.00 SAFETY DEPOSIT BOXES Annual (Rental) Fees Small (1.5 x 5 x 24) Medium (2.5 x 5 x 24) Large (5 x 5 x 24) Large (5 x 10.5 x 24) Large (10 x 10 x 24) **Refund of Annual Rental Fee (box closed before year end) Number of free visits Each additional visit per month Forced entry / Drilling of Box Listing of contents J$1,287.55 J$212.45 J$1,500.00 J$2,145.92 J$354.08 J$2,500.00 J$2,575.11 J$424.89 J$3,000.00 J$2,625.11 J$433.14 J$3,058.25 J$3,500.00 J$577.50 J$4,077.50 Annual fee less outstanding charges & taxes Annual fee less outstanding charges & taxes Unlimited Unlimited J$1,050.00 J$173.25 J$1223.25 + expenses J$437.55 J$72.20 J$509.75 per hour or part thereof Page 12 of 23
SUNDRY SERVICES SAFEKEEPING AND SECURITIES Annual (Rental) Fees Sealed envelopes Small Large Sealed Boxes/Packages Small Large Locked boxes, trunks, etc (per entry) Stocks, debentures, share certificates, Deeds, treasury bills safekeeping Other Fees Number of free visits Each additional visit per month Bankers Acceptances - Draft J$765.96 J$126.38 J$892.34 J$1,531.92 J$252.77 J$1,784.68 J$2,553.19 J$421.28 J$2,974.47 J$2,978.72 J$491.49 J$3,470.21 J$160.94 J$26.56 J$187.50 J$1,276.60 J$210.64 J$1,487.23 Nil Nil J$160.94 J$26.56 J$187.50 J$437.55 J$72.20 J$509.75 MISCELLANEOUS SERVICES Audit Certificate Current Year - cost per certificate Current Year - cost per hour for detailing securities Certificate/Confirmation of balance Local currency accounts Foreign currency accounts Certificate of interest Paid Reference Letters Fax sent/received for a customer Local Out of Town Overseas Signature verification Insurance on Registered Mail Photocopying documents (per sheet) Letter of Undertaking Coin Handling (exchanging for Bills over J$1000) Cash Holdling (exchanging for Bills over J$1000) Credit information services Fee Credit information services commission Verification of CSV on life insurance policy Verification of cheques and balances by telephone Duplicate passbooks No Book transactions Hold (all) Mail where nothing is mailed to client (per month) J$2,489.27 J$410.73 J$2,900.00 J$723.40 J$119.36 J$842.76 J$1,617.02 USD $14.59 J$266.81 USD $2.41 J$1,883.83 USD $17.00 J$1,021.28 J$168.51 J$1,189.79 J$2,145.92 J$354.08 J$2,500.00 J$127.66 J$21.06 J$148.72 J$105.15 J$17.35 J$122.50 J$175.11 J$28.89 J$204.00 Cost Cost J$257.51 J$42.49 J$300.00 J$4,721.03 J$778.97 J$5,500.00 1.717% Min $600 : Customers 3.43% Min $1,000:- Non- Customers 0.283% : Customers 0.57% :- Non-Customers 2.00% Min $600: Customers 4% Min $1,000 :- Non- Customers 0.858% Min $600 : 0.142% : Customers 1.00% Min $600: Customers Customers 0.858% Min $1,000:- Non- 0.142% :- Non-Customers 1.00% Min $1,000 :- Non- Customers Customers J$1,745.00 J$287.93 J$2,032.93 J$350.00 J$57.75 J$407.75 J$306.22 J$50.53 J$356.75 J$85.84 J$14.16 J$100.00 J$400.00 J$66.00 J$466.00 J$128.76 J$21.24 J$150.00 J$1,406.25 J$232.03 J$1,638.28 Page 13 of 23
SUNDRY SERVICES Securities Documentation Fees Guarantee Bonds Postponement of Claim Satisfaction of Bills of Sale - Individual Satisfaction of Bills of Sale - Corporate Hypothecations of bank account FEX Loan Agreements Assignment of Life Insurance Release of Life Insurance Insurance processing fees - requests for confirmation of renewal Lodgment of Caveats Withdrawal of Caveats General Searches Caveat Searches Company Searches Title Searches Surrender of Title Verification of CSV on life insurance policy Bills of Sale (Individual) Up to 9,999 10,000 to 39,999 40,000 to 74,999 75,000 to 199,999 200,000 to 399,999 400,000 to 599,999 600,000 to 799,999 800,000 & over J$700.00 J$115.50 J$815.50 J$700.00 J$115.50 J$815.50 J$830.04 J$136.96 J$967.00 J$1,043.48 J$172.17 J$1,215.65 J$1,045.06 J$172.43 J$1,217.49 J$389.48 J$64.26 J$453.74 J$652.58 J$107.68 J$760.26 J$610.09 J$100.66 J$710.75 J$858.37 J$141.63 J$1,000.00 J$1,305.15 J$215.35 J$1,520.50 J$870.39 J$143.61 J$1,014.00 J$870.39 J$143.61 J$1,014.00 J$1,305.15 J$215.35 J$1,520.50 J$825.11 J$136.14 J$961.25 J$700.00 J$115.50 J$815.50 J$1,305.15 J$215.35 J$1,520.50 J$566.09 J$93.40 J$659.49 J$177.04 J$29.21 J$206.25 J$260.73 J$43.02 J$303.75 J$347.00 J$57.26 J$404.26 J$609.01 J$100.49 J$709.50 J$1,734.98 J$286.27 J$2,021.25 J$2,259.01 J$372.74 J$2,631.75 J$3,037.98 J$501.27 J$3,539.25 J$3,909.01 J$644.99 J$4,554.00 LARGE CASH DEPOSITS Cash Deposits (per J$1,000 ): Processed via Guardsman Armoured Limited Up to J$1,000,000 Above J$1,000,000 Processed via FirstCaribbean Branches (per group): Up to J$1,000,000 Above J$1,000,000 Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. J$2.15 J$0.35 J$2.50 J$2.58 J$0.42 J$3.00 Page 14 of 23
LENDING AND CARD SERVICES CREDIT REPORTS Credit Reference (fee for providing Credit reference for clients) J$2,600.86 J$429.14 J$3,030.00 OVERDRAFTS Set up/annual Renewal Fee: ACA & Temporary Overdrafts 2.00% Min $5,150 Excess Overdraft Fee (in addition to encroachment 0.858% rate) Min $2,145.92 Unauthorized Overdraft Fee (in addition to 1.717% encroachment rate) Min $2,145.92 Note: Overdraft interest rates are charged separately. See rate bulletin. 2.33% 0.33% Min $6000.00 0.142% 1.00% Min $2,500.00 0.283% 2.00% Min $2,500.00 CREDIT CARDS See Credit Card Schedule of Charges VISA DEBIT CARD - LOCAL CURRENCY Annual Fees No Charge No Charge Fast Card Fees (Courier charges only) J$37.58 USD 6.20 USD 43.77 ABM Balance Inquiry Fee At a local FirstCaribbean ABM No Charge No Charge At another bank s ABM J$37.58 J$6.20 J$43.77 ABM Withdrawals At a local FirstCaribbean ABM No Charge No Charge At another local bank s ABM $187.88 J$31.00 J$218.87 At International/Overseas bank s ABM $225.45 J$37.20 J$262.65 (Including FirstCaribbean ABMs in another country) Point of Sale Purchases No Charge No Charge Replacement & Additional Cards - Classic $375.75 $62.00 J$437.75 Replacement & Additional Cards - Platinum $375.75 $62.00 J$437.75 Stamp Duty No Charge No Charge Declined Transactions At a local FirstCaribbean ABM No Charge No Charge At another local bank s ABM J$37.58 J$6.20 J$43.77 At International/Overseas bank s ABM (Including FirstCaribbean ABMs in another country) J$50.10 J$8.27 J$58.37 Page 15 of 23
VISA DEBIT CARD -USD CURRENCY Annual Fees No Charge No Charge Fast Card Fees (Courier charges only) USD 37.58 USD 6.20 USD 43.77 ABM Balance Inquiry Fee: At a local FirstCaribbean ABM No Charge No Charge At another bank s ABM USD 0.42 USD 0.07 USD 0.49 ABM Withdrawals: At a local FirstCaribbean ABM No Charge No Charge At another local bank s ABM USD 2.51 USD 0.41 USD 2.92 At International/Overseas bank s ABM USD 2.51 USD 0.41 USD 2.92 (Including FirstCaribbean ABMs in another country) Point of Sale Purchases No Charge No Charge Replacement & Additional Cards - Classic USD 4.18 USD 0.69 USD 4.86 Replacement & Additional Cards - Platinum USD 8.35 USD 1.38 USD 9.73 Stamp Duty No Charge No Charge Declined Transactions: At a local FirstCaribbean ABM No Charge No Charge At another local bank s ABM USD 0.84 USD 0.14 USD 0.97 At International/Overseas bank s ABM (Including FirstCaribbean ABMs in another country) USD 0.84 USD 0.14 USD 0.97 Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. Page 16 of 23
CORPORATE SERVICES E-PAY - (Payroll, Supplier Payments, Direct Debits (where applicable) ) Set up Monthly Access Operational (per file run) J$600.00 J$99.00 J$699.00 Transaction Per credit to account at FirstCaribbean J$25.00 J$4.13 J$29.13 Per credit to account at another bank J$30.00 J$4.95 J$34.95 Emergency Processing (per file run) J$400.00 J$66.00 J$466.00 E-PAY (PAYROLL; SUPPLIER PAYMENTS; DIRECT DEBITS (where applicable) ) - USD Clients Set up Monthly Access Operational (per file run) USD 10.00 USD 1.65 J$11.65 Transaction Per credit to account at CIBC FirstCaribbean USD 0.64 USD 0.11 USD 0.75 Emergency Processing (per file run) USD 17.17 USD 2.83 USD 20.00 MANUAL PAYROLL - PAPER LIST OPTION Set up Monthly Access Operational (per file run) J$515.02 J$84.98 J$600.00 Transaction Per credit to account at FirstCaribbean J$42.92 J$7.08 J$50.00 Per credit to account at another bank J$51.50 J$8.50 J$60.00 Emergency Processing (per list) J$429.18 J$70.82 J$500.00 MANUAL PAYROLL - CASH / ENVELOPE OPTION Set up Monthly Access Operational (per file run) J$515.02 J$84.98 J$600.00 Transaction Per credit to account at FirstCaribbean J$42.92 J$7.08 J$50.00 Per credit to account at another bank J$51.50 J$8.50 J$60.00 Emergency Processing (per file run) J$429.18 J$70.82 J$500.00 ONLINE BILL PAYMENT (where company signs up as an Online Biller) Set up Per payment received J$12.02 J$1.98 J$14.00 Page 17 of 23
CORPORATE SERVICES DEPOSITORY Annual (Rental) Fee Disposable Bags J$3,433.48 J$566.52 J$4,000.00 Canvas Wallets Small: J$4,506.44 J$743.56 J$5,250.00 Medium: J$6,652.36 J$1,097.64 J$7,750.00 Large: J$7,510.73 J$1,239.27 J$8,750.00 Short Term Rental (30 days or less) Disposable Bags n/a n/a Canvas Wallets n/a n/a Cash Deposits (per J$1,000 ): Processed via Guardsman Armoured Limited J$2.15 J$0.35 J$2.50 Processed via FirstCaribbean Branches (per group): Up to J$1,000,000 Above J$1,000,000 J$2.58 J$0.42 J$3.00 Safekeeping (contents remain in bag): Small: J$2,575.11 J$424.89 J$3,000.00 Medium: J$3,433.48 J$566.52 J$4,000.00 Large: J$4,291.85 J$708.15 J$5,000.00 **Refund of Annual Rental Fee (box closed before year end) Annual fee less outstanding charges & taxes Per Package of 50 Disposable bags Small: 9 x 12 J$2,145.92 J$354.08 J$2,500.00 Medium: 12 x 16 J$2,403.43 J$396.57 J$2,800.00 Large: 19 x 28 J$4,034.34 J$665.67 J$4,700.00 Replacement and Repairs Canvas Bag (all sizes) J$3,004.29 J$495.71 J$3,500.00 Canvas Bag Keys J$858.37 J$141.63 J$1,000.00 Trap Door Key J$3,004.29 J$495.71 J$3,500.00 Additional Key J$3,004.29 J$495.71 J$3,500.00 Annual fee less outstanding charges & taxes SWEEPS and ZBAs Set-upp Fee Standard Set Up J$2,832.62 J$467.38 J$3,300.00 Additional Set Up J$1,716.74 J$283.26 J$2,000.00 E-STATEMENT PRICING Statement Frequency Via Swift: Daily J$6,524.00 J$1,076.46 J$7,600.46 Monthly J$1,716.74 J$283.26 J$2,000.00 Via Email: Daily J$2,832.62 J$467.38 J$3,300.00 Weekly J$1,716.74 J$283.26 J$2,000.00 Monthly J$1,115.88 J$184.12 J$1,300.00 Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. Page 18 of 23
BONDS, INDEMNITIES & GUARANTEES Guarantees or indemnities issued by Bank on behalf of customers including Letters of Undertaking Which would lead to a normal loan or mortgage: Which would lead to a normal loan or mortgage J$4,255.32 J$702.13 J$4,957.45 Other than to providers of commercial paper: Cash secured 1.97% 0.325% 2.30% Minimum J$4,255.32 Min. J$702.13 Minimum J$4957.45 Other 2.96% - 4.94% 0.49% - 0.82% 3.45% - 5.76% Minimum J$4,255.32 Min. J$702.13 Minimum J$4957.45 Guarantees issued in favour of Providers of Commercial paper Guarantees issued under National Ex-Im Bank administrated lines of credit including EDF Rehabilitation Fund, etc. for period outstanding where fully supported: Cash secured Other Bankers Acceptance Schedule of Charges TRADE SERVICES 6.87% -8.58% p.a. Min 90 days or J$5,579.40 1.97% p.a. of amount for period outstanding. Min. $1,200.00 11.55% 13.52% p.a. of amount for period outstanding. Minimum $2,038.75 Issuing Commission will be charged on the increase (additional amount) for the remaining validity 1.13% - 1.42% Min. J$920.60 0.33% Min. J$198.00 1.91% - 2.23% Min. J$336.39 8.00% -10.00% p.a. Min 90 days or $6,500.00 2.30% p.a. of amount for period outstanding. Min. $1,410.00 13.46% 15.75% p.a. of amount for period outstanding. Minimum $2375.14 Issuing Commission will be charged on the increase (additional amount) for the remaining validity Establishment fee: On first J$10M of face value of draft 0.43% 0.07% 0.50% On any additional amount 0.22% 0.04% 0.26% Credit information services J$643.78 J$106.22 J$750.00 Verification of C.S.V of insurance policy J$858.37 J$1000 plus charge from J$141.63 insurance company Page 19 of 23
LETTERS OF CREDIT : EXPORT (Inward) CLEAN & DOCUMENTARY Schedule of Charges TRADE SERVICES Pre-Advising Commission USD 21.46 USD 3.54 Acceptance Commission 0.50% per month after delivery. Minimum $1,716.74 0.083% Min. J$283.26 Advising credits Commission USD 43.78 USD 7.22 Confirming Credits Amendments, Extensions and Increases: Extensions 1% per 90 days. Minimum $1,716.74 Issuing/Advising Commission will be charged on the amount for the extended / additional validity 0.17% Min. J$283.26 US$25 eqivalent at Cheque buy rate 0.58% per month after delivery. Minimum $2000.00 US$51 eqivalent at Cheque buy rate 1.17% per 90 days. Minimum $2,000.00 Issuing/Advising Commission will be charged on the amount for the extended / additional validity Increases Issuing/Advising Commission will be charged on the increase for the remaining validity Issuing/Advising Commission will be charged on the increase for the remaining validity Other Amendments USD 43.78 USD 7.22 Drawings under L/Cs Negotiation Commission 0.50% per month after delivery. Minimum $1,716.74 0.08% Min. J$283.26 US$51 eqivalent at Cheque buy rate 0.58% per month after delivery. Minimum $2,000.00 Issue of Transferable LC (Issue of new credit) Issuing/Advising Issuing/Advising Commission Commission Cancellation USD 12.88 USD 2.13 USD 15.01 Document Handling: Negotiation (Examination of documents) 0.21% 0.03% 0.25% Minimum J$1,115.88 Min. J$184.12 Minimum J$1,300.00 Discrepancy Fee USD 21.46 USD 3.54 USD 25.00 Payment / Settlement / Reimbursement charges USD 21.46 USD 3.54 US$25 + Transfer costs Deferred Payment / Acceptance commission 0.50% per month after 0.58% per month after delivery. 0.08% delivery. Minimum Minimum $2,000.00 Min. J$283.26 $1,716.74 Communication and Mail Charges See Trade Communication and Sundry Services Section See Trade Communication and Sundry Services Section Page 20 of 23
TRADE SERVICES LETTERS OF CREDIT : IMPORT (Outward) CLEAN & DOCUMENTARY Pre-Advising Commission USD 21.46 USD 3.54 USD 25.00 Acceptance Commission 0.50% per month after delivery. 0.58% per month after delivery. Minimum $1,716.74 0.08% Minimum $2,000.00 Min. J$283.26 Letters of Credit established via Cable USD 40.34 USD 6.66 USD 47.00 Establishment Fee sight and acceptance, where FirstCaribbean provides foreign currency USD 38.63 USD 6.37 USD 45.00 Establishment Fee sight and acceptance, where applicant sources foreign currency: without full cash (or equivalent) collateral: For Validity of 1 Year: For Validity of less than 1 Year: Up to 90 days For Validity of less than 1 Year: Each additional quarter with partial cash (or equivalent) collateral 5.15 % p.a. (with or without renewal). Minimum J$1716.74 1% per 90 days. Minimum $1,716.74 1.5% Minimum J$1716.74 Calculated based on percentage of security clear and secured 0.85% Min. J$283.26 0.17% Min. J$283.26 0.25% Min. J$283.26 6.00 % p.a. (with or without renewal). Minimum $2,000.00 1.17% per 90 days. Minimum $2,000.00 1.75% Minimum $2,000.00 Calculated based on percentage of security clear and secured with full cash (or equivalent) collateral Amendments, Extensions and Increases: Extensions 4.29% per quarter. Minimum J$1716.74 Issuing/Advising Commission will be charged on the amount for the extended / additional validity 0.71% Min. J$283.26 5.00% per quarter Minimum $2,000.00 Issuing/Advising Commission will be charged on the amount for the extended / additional validity Increases Issuing/Advising Commission will be charged on the increase for the remaining validity Issuing/Advising Commission will be charged on the increase for the remaining validity Other Amendments USD 43.78 USD 7.22 0.50% per month after Drawings under L/Cs Negotiation Commission delivery. Minimum $1,716.74 LETTERS OF CREDIT : IMPORT (Outward) CLEAN & DOCUMENTARY - continued Interest on Letters of Credit Charged on the outstanding Foreign Currency amount at the applicable rate of interest based on the actual rate charged by the Correspondent Bank plus 5% computed from the date of payment until receipt of reimbursement 0.08% Min. J$283.26 US$51 eqivalent at Cheque buy rate 0.58% per month after delivery. Minimum $2,000.00 Charged on the outstanding Foreign Currency amount at the applicable rate of interest based on the actual rate charged by the Correspondent Bank plus 5% computed from the date of payment until receipt of reimbursement Communication and Mail Charges See Trade Communication and Sundry Services Section See Trade Communication and Sundry Services Section Page 21 of 23
TRADE SERVICES Documentary Bills for Collections - (Import & Export) Exchange Charger Sight or Tenor Sight selling rate applies Sight selling rate applies Document Handling: Collection Commission: Documentary Collection Fee 1% Minimum $1,072.96 0.17% Min. J$177.04 1.17% Minimum $1,250.00 Accelerated Collection Fee 0.5% Min J$600.86 Max J$7,467.81 Holding accepted Bills Monthly Holding Commission : Sight Bills (commencing month after arrival of goods) J$261.16 0.08% Min. J$99.14 Max. J$1232.19 J$43.09 0.58% Min J$700.00 Max J$8700.00 J$304.25 Mature/Accepted Bills (commencing month after J$34.33 J$39.99 J$5.66 arrival of goods) Safe Custody Charge J$51.50 J$8.50 J$60.00 Documentary Bills for Collections - (Import & Export) - continued Shipping Guarantees re missing bills of lading: First 2 months or part thereof - 1.00% Minimum $1,030.04 0.17% Min. J$169.96 1.17% Minimum $1,200.00 Each additional month - 1.00% Maximum $3,450 0.17% Min. J$569.25 1.17% Maximum $4,019.25 Protest Charge J$2500 + legal and out of pocket J$2,145.92 J$354.08 expenses Overdue Items Administrative charge (On collections outstanding more than 2 months or 30 days after maturity) J$34.33 J$5.66 J$39.99 per month beginning month after goods arrive Tracers USD 4.29 J$0.71 US$5 + Cost Aval Commission (Guarantee Commission) Same as Import LC. Issuing commission date of Aval to maturity of the draft Same as Import LC. Issuing commission date of Aval to maturity of the draft Amendment J$1,716.74 J$283.26 J$2,000.00 Payments to Agents J$472.10 J$77.90 J$550 + transfer charges Return of Documents charges 1%. Min $858.37 Max $1,716.74 0.17% Min. J$141.63 Max. J$283.26 1.17%. Min $1,000.00 Max $2,000.00 Storage of goods J$3,175.97 J$524.04 J$3700.01 + expenses Reshipping of Goods J$4,291.85 J$708.16 J$5000.01 + expenses Bills paid in installments USD 21.46 USD 3.54 USD 25.00 Endorsement of shipping documents as attorney USD 21.46 USD 3.54 USD 25.00 Endorsement of parcel post receipt USD 12.88 USD 2.13 USD 15.01 Certificate of transfer of title to goods USD 21.46 USD 3.54 USD 25.00 Statement of past due bill USD 12.88 USD 2.13 USD 15.01 Insurance of goods J$50.65 per $100.00 per month J$43.48 J$7.17 or part thereof Delivery Orders J$450.64 J$74.36 J$525.00 Bills Discounted: Min applicable rate of interest on advances J$530.04 J$87.46 J$617.50 Min collection charge J$490.13 J$80.87 J$571.00 Communication and Mail Charges See Trade Communication and Sundry Services Section See Trade Communication and Sundry Services Section Page 22 of 23
Cheque Collection (Inward) and Issuance (Outward) Receive cheque for Collection (Inward) Cheque Issuance (Outward) Schedule of Charges TRADE SERVICES 1% Min $729.61 Max $6,866.95 1% Min $729.61 Max $6,866.95 0.18% Min. J$120.39 Max. J$1,133.05 0.18% Min. J$120.39 Max. J$1,133.05 1.18% Min $850.00 Max $8,000.00 1.18% Min $850.00 Max $8,000.00 Tracers USD 4.29 USD 0.71 US$5 + Cost Stop payment charges J$300 + correspondent J$257.51 J$42.49 charges Amendment J$1,716.74 J$283.26 J$2,000.00 Trade Communication and Sundry Services Third party payments USD 21.46 USD 3.54 US$25 + Transfer Cost Communication Charges" Registered Mail USD 4.29 USD 0.71 US$5 + Cost SWIFT - Establishing / Issuing LCs etc* USD 42.92 USD 7.08 US$50 + Cost SWIFT - Other USD 4.29 USD 0.71 US$5 + Cost Courier - Local + International USD 4.29 USD 0.71 US$5 + Cost Notes: 1. * - Product/Service Not offered to new clients 2. All figures are quoted in Jamaican Dollars unless otherwise stated. Page 23 of 23