Fee Schedule 2024
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CHEQUE/DRAFT
| Cheque less than J$1M | - |
| Local - Manager's cheque | 1,000.00 |
| Cheque J$1M and over | - |
| Local - Manager's cheque | 7,000.00 |
| Foreign Draft | 2,000.00 |
| Returned cheque | - |
| JMD | 3,000.00 |
| USD | 50.00 |
| CAD | 50.00 |
| GBP | 40.00 |
| EUR | 40.00 |
| Replace cheque/draft, plus original cheque cost noted above | - |
| Local | 2,000.00 |
| Foreign | 2,000.00 |
| Stop Payment order | |
| Local | 2,000.00 |
| Foreign (USD) | 75.00 |
WIRES
| Outgoing - all destinations | |
| USD | 50.00 |
| CAD | 30.00 |
| GBP | 50.00 |
| EUR | 50.00 |
| Incoming - all destinations | - |
| USD | 36.00 |
| CAD | 36.00 |
| GBP | 23.00 |
| EUR | 27.00 |
| Returned/Recalled Wires (Overseas) - USD | - |
| USD | 50.00 |
| CAD | 30.00 |
| GBP | 50.00 |
| EUR | 50.00 |
RTGS
| Real Time Gross Settlement (RTGS/ACH) per transaction - JMD | 500 |
| USD | 25.00 |
| CAD | 25.00 |
| GBP | 20.00 |
| EUR | 20.00 |
UNIT TRUST & MUTUAL FUNDS
| SPMMF: No minimum holding period |
| SPSTFIF JMD - No minimum holding period |
| SPSTFIF - USD No minimum holding period |
| SPGF Up to 4% + GCT charged on principal if encashed before 30 days |
| SPFIF Up to 4% + GCT charged on principal if encashed before 90 days |
| SPUIF Up to 4% + GCT charged on principal if encashed before 90 days |
| SCIF Up to 2% + GCT charged on principal if encashed before 90 days |
| SBMF Up to 2% + GCT charged on principal if encashed before 90 days |
OTHER SERVICES
| Account Statement/Confirmation of balances | 1,750.00 |
| Duplicate Statement per account | 1,750.00 |
| Account Information- Screen Print per request | 1,100.00 |
| Delivery Service – Per package within designated areas | 500.00 |
| Audit Confirmation: Per Certificate | 5,750.00 |
| Per Hour for detailing Securities | 1,500.00 |
| Embassy Letters: | 2,000.00 |
| Voucher Search - per request | |
| 0 - 1 year | 5,000.00 |
| 1 - 7 year | 10,000.00 |
| Over 7 years | 15,000.00 |
| Duplicate Withholding Tax Certificate | 750.00 |
HYPOTHECATION OF INVESTMENT
| Hypothecation Processing Fee - JMD | 10,000.00 |
| Hypothecation Processing Fee - USD | 10.00 |
| Stamping Cost - Value less than J$500,000 | 500.00 |
| Stamping Cost - Value greater than J$500,000 | 6,250.00 |
| Power of Attorney | 750.00 |
EQUITY TRADING FEES
| Jamaican Stocks | 2% of trade + JSE Fees |
| JCSD fees applicable on pledges, inter and intra member movement based on JCSD fee schedule |
BOND & BOJ CD PROCESSING FEE
| Bond Coupon interest per payment | $10.00 |
Interest payment below J$5,000, US$50, CA$50, EUR50, GBP50 |
No Charge |
| BOJ CD Commission:- | |
| Face Value$1,000,000 to Face Value J$10,000,000 | 0.20% of the Face Value |
| Face Value$10,000,001 to Face Value J$20,000,000 | 0.15% of the Face Value |
| Above Face Value $20,000,001 | 0.10% of the Face Value |
UNIT TRUST & MUTUAL FUNDS:
FRONT END FEES
| SPMMF No charge |
| SPFIF No charge |
| SPUIF No charge |
| SPSTFIF JMD - No charge |
| SPSTFIF - USD - No charge |
| SPGF 4% + GCT charged on principal |
| SCIF 0.5% to 2% + GCT charged on principal |
| SBMF 0.5% to 4% + GCT charged on principal |