Notice of Fee Changes

Effective November 1, 2023

 

Dear Customers,

Effective November 1, 2023, there will be changes to some accounts and cheque processing fees. 

You may download the fees here or review the changes below:

Product/Service

Currency

New Fee

Retail Foreign Currency Deposit Accounts

Savings Account Foreign Currency
Minimum Balance Violation Fee

USD, CAD, GBP, EUR

$2.50

Per Deposit Fee

USD, CAD, GBP, EUR

$2.00

Small Business Deposit Accounts

 

 

Chequing Account Monthly Fee (JMD)

JMD

$900.00

Per Item Fee JMD

JMD

$110.00

Chequing Account Monthly Fee
(Foreign Currency)

USD, CAD, GBP, EUR

$6.00

Per Item Fee (Foreign Currency)

USD, CAD, GBP, EUR

$5.00

Savings Account JMD
Per Item Fee

JMD

$2.00

Sundry Fees

 

 

Cheque Books (Retail - JMD)

JMD

$2,450.00

Cheque Books (Retail - USD)

USD

$25.00

Cheque Books (Non-Retail - JMD)

JMD

$12,900.00

Cheque Books (Non-Retail - USD)

USD

$173.00

High Volume Processing Cheques

JMD

$420.00

Dishonoured Cheque

JMD

$1,500.00

Insufficient Funds NSF (Returned Cheque)

JMD

$1,500.00

Foreign Cheques deposited and subsequently returned

USD, CAD, GBP, EUR

$50.00

Stop Payment (LOCAL)

JMD

$450.00

Stop Payment (USD)

USD

$27.00

Pre-Authorized Payments (PAP)

JMD

$10.92