Retail Banking Fee Guide

Retail Deposit Fees

Effective August 1, 2020
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Withdrawal - Transactional Accounts Approved $22.50
Declined $0.00
Withdrawal - Savings Accounts Approved $49.00
Declined $0.00
Deposits - FREE
Enquiry  - FREE
Mini-Statement   Flat Charge - Proprietary FREE
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Withdrawal - Transactional Accounts Approved $59.00
Declined $0.00
Withdrawal - Savings Accounts  Approved $59.00
Declined $0.00
Account Balance enquiry  Per enquiry  $34.00
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Withdrawal - Transactional Accounts Per Transaction US$0.35
Withdrawal - Savings Accounts Per Transaction US$0.35
Deposits  Per Item Fee  FREE
Enquiry  Per Item Fee  US$0.49
Declined Transaction  Per Item Fee  US$0.1 5
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Withdrawal  Per Item Fee  US$2.97
Enquiry  Per Item Fee  US$0.49
Declined Transactions  Per Item Fee  US$0.39
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Fee per transaction  Transactional Accounts  FREE
Enquiry  Per Item Fee  FREE
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Transactional Accounts Per transaction  $12.50
Savings Accounts Per transaction  $30.00
Declined local transaction ( Proprietary & Multilink )  Proprietary Machines  $0.00
Cardholder fee per International transaction (transactions going through Visa network)  % of transaction amount  2.00%
Declined International POS transaction  Per Item Fee  US$0.59
Replacement ABM Card  Per Card Fee                                                  (No charge for defective cards or retained by ABM) $873.61
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Internet Banking & Mobile Banking  Transfers between accounts, 3rd Party transfers. Account enquiry, Bill Payments, Mobile Top Up FREE
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
In-Branch transfer between accounts
(Transactional & Savings) 		 Flat charge per request  J$1,449.20 / USD/CAD$4.19 / GBP2.93 / EUR3.66 
Manager’s Cheque less th an $1 Mil. Flat Charge BNS Customers $402.85 
- Non BNS Customers $1,449.20
Manager’s Cheque $1 Mil and greater - BNS Customer
 Flat Charge $402.85, plus special charge $5,750.00
 $6,152.85
Manager’s Cheque $1 Mil and greater  - Non-BNS Customer 
 Flat Charge $1,449.20, plus special charge $5,750.00
 $7,119.20
Replacement Manager’s Cheque  Flat Charge  $1,449.20
Money Order  Flat Fee (Scotia Total Access Senior - Free)  $266.81
Foreign Draft Flat Charge $994.04
Cash for draft  Flat Charge 1.00% of the amount, plus flat charge
Duplicate Foreign Drafts  Flat Charge  $1,875.54
Foreign Cheques Negotiated  US$1.00 per cheque encashed, plus Stamp Duty  USD1.00
Standing Orders – Processed In Branch  Set-up fee  $402.85
Flat charge for each order negotiated on due date  $402.85
Flat charge for each order negotiated on due date 
 USD/CAD6.15
GBP/EUR5.30
Unprocessed for Current Accounts/Savings Accounts  $402.85
Standing Orders – Processed On-Line  Charge per item  FREE
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Outgoing Wire Transfers (Swift/Telex)  Initiated In Branch                                                                 (Telex Tolls & Com) $3,698.85
Incoming Wire Transfers (SWIFT/TELEX)  Flat charge for proceeds to JMD accounts                         Flat charge for proceeds to Foreign Currency accounts $3,698.85
Transfers via RTGS  Per transfer  Outgoing $1,449.20
Incoming $402.85
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Cheque Encashment Fee  Per cheque fee  J$402.85
(Fee waived for PATH, Accountant General Pension  USD/CAD1.30
NIS and Poor Relief and petty cash cheques) GBP/EUR1.05
Holding Statements  Personal Accounts  $1,412.52
- Local Currency Cheque, including insurance payments
Cheques dishonoured and charged back to customer’s accounts
 Flat charge per local cheque  $1,569.52
- Foreign Currency Cheques
Cheques dishonoured and charged back to customer’s accounts
 Charge per foreign cheque  USD$41.85 / CAD$41.85 / GBP31.40 / EUR36.63 plus foreign bank charge
Cash Deposits to Foreign Currency Accounts  Cash lodgements in excess of $500.00 2.30% of amount deposited.
All Cash lodgements 
NB. Charged to total amount lodged
Cheque Leaves  Order Personal Accounts - per set of 100 leaves  J$1,935.75
New accounts - first supply of 50 cheque leaves  FREE
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
Internal Processing Fee % of loan amount inclusive of GCT  3.50%
Minimum Fee $13,326.18
Late Payment Fees % of unpaid amount 6.105%
Minimum payment $1,725.00
Description of Charge
 Details of Cost
 Final Fees (Inclusive of GCT)& Rates
CreditInfo Jamaica Limited Credit Report (Retail & Business) $1,380.00
$1,200.00 + $180.00 (GCT)
CRIF NM Assure Limited Credit Report (Retail & Business) $1,319.63
$1,147.50 + $172.13 (GCT)
Cost for both Credit Bureau Reports
 $2,347.50 + $352.13 (GCT)
 $2,699.63