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 review all our fees in our Retail Banking Fee Guide or see the specific changes below:
Product/Service | New Fees | GCT | Total |
Retail Foreign Currency Deposit Accounts | |||
Savings Account Foreign Currency - Minimum Balance Violation Fee | $2.50 | $0.38 | $2.88 |
Per Deposit Fee | $2.00 | $0.30 | $2.30 |
Small Business Deposit Accounts | |||
Chequing Account Monthly Fee | $900.00 | $135.00 | $1,035.00 |
Per Item Fee JMD | $110.00 | $16.50 | $126.50 |
Chequing Account Monthly Fee (Foreign Currency) | $6.00 | $0.90 | $6.90 |
Per Item Fee FX | $5.00 | $0.75 | $5.75 |
Savings Account JMD - Per Item Fee | $2.00 | $0.30 | $2.30 |
Sundry Fees | |||
Cheque Books (Retail - JMD) | $2,450.00 | $367.50 | $2,817.50 |
Cheque Books (Retail - USD) | $25.00 | $3.75 | $28.75 |
Cheque Books (Non-Retail - JMD) | $12,900.00 | $1,935.00 | $14,835.00 |
Cheque Books (Non-Retail - USD) | $173.00 | $25.95 | $198.95 |
High Volume Processing Cheques | $420.00 | $63.00 | $483.00 |
Dishonoured Cheque | $1,500.00 | $225.00 | $1,725.00 |
Insufficient Funds NSF (Returned Cheque) | $1,500.00 | $225.00 | $1,725.00 |
Foreign Cheques deposited and subsequently returned | $50.00 | $7.50 | $57.50 |
Foreign Cheques deposited and subsequently returned | $50.00 | $7.50 | $57.50 |
Foreign Cheques deposited and subsequently returned | $50.00 | $7.50 | $57.50 |
Stop Payment (LOCAL) | $450.00 | $67.50 | $517.50 |
Stop Payment (USD) | $27.00 | $4.05 | $31.05 |
Pre-Authorized Payments (PAP) | $10.92 | $1.64 | $12.56 |