2016-2017 Schedule of Rates THE BANK OF NOVA SCOTIA JAMAICA LIMITED Small Business and Corporate & Commercial Banking Customer Fee Guide Effective November 1, 2016 The information in this Schedule of Rates reflects the Fees and service charges most applicable for standard banking transactions. All charges are inclusive of General Consumption Tax which is calculated at 16.5%. Rates and Fees are subject to change. Registered trademark of The Bank of Nova Scotia
CURRENT ACCOUNTS Service Charge - Small Business A/C s Service Charge - Corporate & Commercial A/C s Service Charge Payroll A/Cs that are not on CMS Holding Statements Interim Statements Duplicate Statements Overdraft Interest Stop Payment Order Monthly flat charge plus Per entry Fee Monthly flat charge plus Per entry Fee High Volume Cheque Processing Charge - SME & Corporate and Commercial Accounts Per cheque (in lieu of per entry Fee) if more than 100 cheques are issued per month NO free items allowed. Per account per month on collected by the PSC Local Currency Foreign Currency FREE for past six months information Statements over 6 months incur a charge Borrowing rate X the daily closing balance Penal rate applies if no overdraft facility exists and for limit overruns Per order $535.00 $100.00 $765.00 $120.00 $1,200.00 $650.00 US$8.00 Minimum $1,500.00 $480.00 FOREIGN CURRENCY CURRENT ACCOUNTS Service Charge - Foreign Currency A/C - SME Service Charge - Foreign Currency A/C - Commercial / Corporate Overdraft interest FOREIGN CURRENCY SAVING ACCOUNTS Service Charge Foreign currency SME Service Charge Foreign Currency Corporate & Commercial Duplicate Pass Book Returned Items LOANS AND DISCOUNTS Application Fees (Normal) Commitment/Acceptance Fees Overrun Fees Calculate on Customer's borrowing rate on the daily closing balance. For casual overdrafts where no borrowing arrangement exists or for limits overrun the bank's penal rate should apply. Charge per withdrawal No charge for cheque deposits Non Readily Realized Collateral Secured (Non RRC) / Minimum Fee Readily Realized Collateral Secured Facility (RRC) - % of amount. / Minimum Fee Non Readily Realized Collateral Secured Facility (Non RRC) - % of amount. / Minimum Fee Readily Realized Collateral Secured Facility (RRC) - % of amount. / Minimum Fee Per item plus % of amount of increase Minimum Application Fee US$/CAD5.50/GBP4.50 US$/CAD0.80/GBP0.80 US$/CAD8.00/GBP/EUR6.00 US$/CAD1.00/GBP/EUR1.00 US$20.00 per month Minimum Interest US$/CAD/GBP/EUR1.50 US$/CAD/GBP/EUR1.00 US$/CAD1.40 GBP/EUR1.00 USD5.50 USD19.50 1.21% / $15,000.00 0.60% / $7,500.00 1.55% / $18,000.00 0.775% / $9,000.00 J$2,240.00 US$40.00 0.0065% $6,060.00 1 2016-2017 Schedule of Rates Registered trademark of The Bank of Nova Scotia
LOANS AND DISCOUNTS (CONTINUED) Annual Renewal Fees SECURITIES Entering and Withdrawing Caveat Registration of Mortgage Discharge of Mortgage Preparing, Stamping & Recording Debenture Discharge of Debenture SUNDRY BANKING SERVICES Cheques Dishonoured and charged back to customer s accounts:- - Local Currency Cheque, including insurance payments Search for Vouchers Cheque Leaves Order Cash Handling Charges In Branch transfer between accounts (Current & Savings) TRANSFER OF FUNDS Manager s Cheque less than $1 Mil. Manager s Cheque greater than $1 Mil Money Order Replacement Manager s Cheque Foreign Drafts (Sold) Duplicate Foreign Drafts Non RRC - % of amount RRC - % of amount Minimum Fee Non RRC RRC Maximum Fee, plus out-of-pocket expenses, plus all out-of-pocket expenses Flat charge, plus out of pocket expenses Stamped in excess of $50,000 flat charge plus out of pocket expenses Flat charge, plus out-of-pocket expenses per cheque Per cheque plus foreign bank charge Per hour or part thereof, minimum $1,800 Per hour or part thereof. Minimum USD22.00 Non Personal Accounts - per set of 600 leaves JMD Cash Lodgement in excess of $1 million - Any channel All Foreign Currency Cash lodgements in excess of $500.00 Flat charge per request for BNS customers for non-bns customers for BNS customers Plus $5,825.00 for non-bns customers Plus $5,825.00 for all drafts sold If cash exchanged for draft, 1% will be charged of the amount, plus cost of draft 1.20% 0.60% $15,000.00 $7,500.00 $600,000.00 $21,665.00 $13,680.00 $1,500.00 US$40.00 CAD40.00 GBP30.00 EUR35.00 J$1,800.00 $22.00 J$11,000.00 USD$122.00 $3.75 per $1,000 2.33% of amount deposited J US$4.00 CAD$4.00 GBP2.80 EURO3.50 $385 $5,825 $1,385 $5,825 $255.00 $950.00 $1,900.00 2 2016-2017 Schedule of Rates Registered trademark of The Bank of Nova Scotia
TRANSFER OF FUNDS (Continued) Foreign Cheques Negotiated Standing Orders Processed In Branch US$1.00 per cheque encashed, plus Stamp Duty Set-up fee Flat charge for each order negotiated on due date Each standing order which cannot be processed after 10 days for Current Account or after each cycle for Savings Account US$1.00 J US$/CAD5.80 GBP/EUR5.00 Standing Orders Processed On-Line Wire Transfers Outgoing Wire Transfers (Swift/Telex) Incoming Wire Transfers (SWIFT/TELEX) Transfers via RTGS system Incoming and Outgoing transfers Correction of RTGS Charge per item Initiated Online Initiated In Branch (Telex Tolls & Commission) Flat charge for proceeds to JMD accounts Flat charge for proceeds to Foreign currency accounts Transfer via RTGS online Transfer via RTGS inbranch Incoming transfer via RTGS Per Item $3,535.00 $3,535.00 J$3,535.00 US$/CAD36.00 GBP23.00 EUR27.00 DEPOSITORY SERVICES Deposit Wallet Rentals Collect annually (April 1 st ) in advance or part thereof. Rental of Head Door key for use with plastic depository bag Safety Deposit Box Rental Safe Keeping Visits to Safekeeping Large Medium Small Collect annually (April 1st) in advance or part thereof "Smallest door size Largest door size" Unsealed Envelopes Per item in an envelope. Minimum per annum Sealed Envelope Yearly Quarterly Per visit $9,010.00 $7,070.00 $5,500.00 $3,985.00 $1,970 $22,160.00 $280.00 $1,230.00 $2,460.00 $615.00 $430.00 3 2016-2017 Schedule of Rates Registered trademark of The Bank of Nova Scotia
MISCELLANEOUS CHARGES Audit Certificates Encashment of Travelers Cheques Cheque Encashment Fee (BNS cheques) (including manager's cheque) Cheque Encashment Fee (Other Bank's cheque) (Including Managers Cheque) Coin Exchange Fee for exchange of coins for paper notes Certificate fee, Securities. F/C, L/C, Collections, etc Plus per hour fee for detailing Handling charge for encashing one or more cheques Stamp Duty per item Per cheque fee (Fee will be waived for PATH, Accountant General Pension, NIS and Poor Relief and petty cash cheques) Per cheque fee 1% of transaction size. Minimum Fee $2,900.00 $1,060.00 $80.00 $1.10 J US$/CAD1.25 GBP/EUR1.00 J US$/CAD3.00 GBP/EUR2.00 Business Internet Banking (SME, Bronze, Gold, Platinum) Information Reporting encompasses account viewing, account transfers and bill payment Direct Deposit - Salary/Supplier Payments Direct Debit - Collections Payment Card One-time Set up Fee new customers Monthly Fees $5,380.00 - $7,820.00 $785.00 - $3,290.00 N/A $785.00 - $7,315.00 N/A $785.00 - $7,315.00 $6,110.00 - $43,285.00 $1,146.00 - $3,711.92 Description of Charge Details of Cost Final Fees (Inclusive of GCT) & Rates Bill Payment Merchant fee per transaction (Any Channel) DEBIT - POINT OF SALE (P.O.S.) (Scotia Card Only) Per Item Fee $28.00 Replacement ABM Card Per card Fee (No charges apply for defective cards or cards that have been retained by the ABM) $885.00 4 2016-2017 Schedule of Rates Registered trademark of The Bank of Nova Scotia