GUIDE TO SERVICE CHARGES ON FINANCIAL SERVICES FOR BUSINESSES - Effective July 1st, 2021
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GUIDE TO
SERVICE CHARGES
ON FINANCIAL SERVICES
FOR BUSINESSES
Effective July 1st, 2021
40210115TABLE OF CONTENTS Business transactions plans ............................................................................................................. 2 Community plan.............................................................................................................................. 3 Single monthly financing fee plan .................................................................................................... 3 Per transactions fees ....................................................................................................................... 4 Additional services .......................................................................................................................... 6 International services ...................................................................................................................... 8 Commercial financing services ....................................................................................................... 10 • Operating line of credit • Business term commercial loan • Real Estate Financing • Other financial charges
BUSINESS TRANSACTIONS PLANS
Monthly Fees1
Transaction plan 20 $5.95
• 20 automated transactions2
• Unlimited deposits at caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• 24-hour deposit
• Charge per item deposit4
• Bank confirmation (AccèsD Affaires)
Transaction plan 35 $24.95
• 35 automated transactions5
• Unlimited deposits at caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• No charge on deposits up to: 15 items, $3,000 in bills and $100 in coin4
• 24-hour deposit
• Bank confirmation (AccèsD Affaires)
Transaction plan 55 $40.00
• 55 automated transactions or at counter
• Unlimited deposits at Caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• No charge on deposits up to: 40 items, $8,000 in bills and $100 in coin4
• 24-hour deposit
• Bank confirmation (AccèsD Affaires)
Transaction plan 75 $53.95
• 75 automated transactions or at counter
• Unlimited deposits at Caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• No charge on deposits up to: 40 items, $8,000 in bills and $200 in coin4
• 24-hour deposit
• Bank confirmation (AccèsD Affaires)
Transaction plan 100 $73.95
• 100 automated transactions or at counter
• Unlimited deposits at Caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• No charge on deposits up to: 70 items, $8,000 in bills and $200 in coin4
• 24-hour deposit
• Bank confirmation (AccèsD Affaires)
Transaction plan 300 $175.00
• 300 automated transactions or at counter
• Unlimited deposits at Caisse point-of-sale terminals
• AccèsD Affaires3
• Virtual monthly statement (virtual cheques and other items returned or not)
• No charge on deposits up to: 100 items, $25,000 in bills and $250 in coin4
• 24-hour deposit
• Bank confirmation (AccèsD Affaires)
VISA Desjardins Business Freedom Solutions options 6
• For $20 a month2 you get the Business Freedom Solutions package, 20 automated transactions and the AccèsD Affaires.
• For only $11.50 a month, add the Business Freedom Solutions option to your 35, 55, 75, 100 or 300 transactions plan.
1
Fees subject to change without notice. Fees for additional transactions range from $1 to $2.50. For transaction plans fees of $0.22/item, $2.25/$1,000 in bills and $2.25/$100 in coin will be charged for
additional deposits.
2
Teller transactions and cheque issued are not included in transaction plans 20 (additional fees apply).
3
Unlimited number of accounts and users.
4
The caisse reserves the right to charge additional fees for large deposit volumes or to modify the plan. To exchange cash, additional fees (deposit contents) will be charged for shipping.
5
Teller transactions are not included in transaction plans 35 (additional fees apply).
6
When the transaction plan includes the Business Freedom Solutions option, the plan is billed as follows: $1 7 to your VISA Desjardins Business account and the balance to your UNI Business chequing
account.
2COMMUNITY PLAN7
Exclusive offer for non-profit humanitarian organizations8 Monthly Fees9
Community plan $2.95
• 25 transactions:
- 3 teller transactions
- 22 automated transactions
- Deposit type:
50 instruments, $5,000 in bills, $500 in coins
• Online statement and free digital cheques images
• AccèsD Affaires online services
• Exemption from basic Round-the-Clock Deposit service charges
• Unlimited number of deposits at Caisse point-of-sale terminals
• If you maintain a balance of $25,000: transaction double to 50 (3 teller transactions and
47 automated transactions)
• Deposit at any time
SINGLE MONTHLY FINANCING FEE PLAN
For your first $750,000 in financing, your monthly fees are determined based on your total financing amount*. It’s that simple!
And if you need to increase your line of credit, your fees will stay the same if you stay in the same bracket.
Your plan will be reviewed monthly to reflect your financing amount.
SINGLE MONTHLY FINANCING FEE
ENGAGEMENT TOTAL COMMERCIAL
$1 to $100,000 $30
$100,000.01 to $250,000 $40
$250,000.01 to $350,000 $60
$350,000.01 to $500,000 $80
$500 000.01 to $750,000 $110
You don’t need to keep track of individual setup, review or renewal fees–from now on, they’re all included in the single monthly financing
fee, along with the monthly administration fee, the monthly line of credit management fee and the asset monitoring fee, if applicable.
* Financing that is not eligible for monthly plans and cannot be used to establish the value of eligible financing; Loans disbursed before April 1, 2014 as part
of the Canada Small Business Financing Program (CSBF):
- Term loans and lines of credit in US dollars
- Term loans and home equity lines of credit
- Letters of documentary credit or letters of guarantee
- Credit Cards
- Business Freedom Solutions Package
- Accord D Business Financing
7
The fees in effect are applied on excess transactions: $0.80/automated transaction; $0.85 payment of personalized suppliers; $0.85/ATM transaction. $ 0.90/cheque and $1.00/deposit at counter and on
the excess of the content of deposits, either $0.22/bank bill, $2.25/100 in cash and $2.25/$1000 in bills.
8
Some eligibility conditions apply. Check with your caisse to see if your organization qualifies.
9
No applicable fee if the account is paired with a transaction plan.
3PER TRANSACTIONS FEES
REGULAR TRANSACTIONS
CHEQUING ACCOUNT FEES
Monthly management fee $7.00
No management fees if the average monthly balance is $2,000 or more, or you subscribe
to a transaction plan.
Cheques $1.25
Withdrawal
Counter $1.25
ATM $1.10
ATM outside Canada (Plus network) $3.00
Deposit10
Counter $1.25
ATM $1.10
Direct deposit $1.00
Mobile deposit free
Cash
– bills $2.25/$1,000
– unsorted bills $2.50/$1,000
– coin $2.25/$100
– item deposited $0.22
Direct payment $1.00
Bill payment
Counter (include withdrawal charges) $2.25
Counter, VISA Desjardins 11 credit card (include withdrawal charges) $2.25
Counter non-member $3.50
ATM $1.10
AccèsD Affaires (Internet) $1.00
Personalized bill payment $1.00
Preauthorized payment $1.00
Transfer
Counter $1.25
ATM $1.25
AccèsD Affaires (Internet) $1.10
Automated $1.00
Automated loan repayment no fee no fee
AUTOMATED SERVICES
AccèsD Affaires
Internet (monthly fee)12 $9.95
Transactions $1.00
Gouvernment remittence $2.00
Direct deposit or withdrawal
Registration fees $100.00
Use fee $12 min. fee or $0.25/transaction
®Interac e-transfers13
Received $1.00
Send Coming soon
10
Fees subject to change without notice. Fees for additional transactions range from $1 to $2.50. For transaction plans fees of $0.22/item, $2.25/$1,000 in bills and $2.25/$100 in coin will be charged for
additional deposits.
11
The Fédération des caisses Desjardins du Québec is an authorized user of these trademarks.
12
Unlimited number of accounts and users.
13
®Interac and Interac e-Transfer are registered trademarks of Interac Inc. used under licence.
4AGRI-INVEST ACCOUNT
This type of account does not have user fees.
CORPORATE BUILD-UP ACCOUNT (min. balance $20,000)
No monthly management fee
- Interest paid on balances held, based on tiers.
BUILD-UP ACCOUNT IN US $
- No monthly management fee.
- All unspecified transactions are charged the fee for chequing accounts in US $.
Cheques $1.25
Withdrawal at counter only $1.25
Deposit at counter only $1.25
5ADDITIONAL SERVICES
Currency supply (HST)14
Bills $0.40/100 bills
Coins $0.15/roll
Notary public service no fee
Debit Card – Business
Replacement card free
Additionnal card (excessive replacement) $5.00
Certified cheque (exception only)15 $15.00
Cheque kept for future cashing (excluding CHQ fees) $5.00
Safety deposit box depending on the availability (annual rental + HST)
1 ½" x 5" $45.00
2 ½" x 5" $60.00
3 ½" x 5" $70.00
2 ½" x 10" $95.00
5" x 5" $105.00 Lost key $30.00 charge incurred
5" x 10" $185.00 Two lost keys charges incurred
6" x 3" $70.00 Legal requirement to open safety deposit box charges incurred
10" x 10" $275.00 Safety deposit box inventary $35.00/hr
12" x 3" $75.00
12" x 3 ½" $75.00
15" x 5" $180.00
21" x 20" $320.00
Clearing by manual transfer from the caisse $5.00
Stop payment order
With complete information (date, amount and beneficiary name)
Counter or phone $13.00
Online (AccèsD) $12.00
With partial information $20.00
Account overdraft – no overdraft protection (monthly interest rate) 21%
Account overdraft – with overdraft protection N/A
Duplicate T5 and 3 slips $5.00
Remove deposit
Mobile $0.22/per item
Scanner
- Scanner supplier fee
- Subscription $200
- Digital licence/per scanner $25/scanner
Item deposited $0.22
24-hour deposit
Basic fee $25/account/year
Disposable bags $31 (+ HST)/100 bags
Closing an account
Less than 90 days $20.00
More than 90 days $0.00
Upon request of another institution $20.00
14
The caisse reserves the right to charge additional fees for large deposit volumes or to modify the plan. To exchange cash, additional fees (deposit contents) will be charged for shipping.
15
Only offered with the following two exceptions: 1- When submitting a bid to the province of NB which accepts only the checks concerned; 2- When dealing with certain situations regarding clearing or when
the clearing center (CDC) requests to target a copy of check.
6Inactive account
After 1 year $0.00
2 years and more $50.00
Information or confirmation of one of the following items (balance/charges/interest/transactions)
By phone or at counter free
Written (standard from or personalized letter) $35/hr
Insufficient funds (NSF cheque, preauthorized payments) $45.00
Research, legal document, reconstruction $5 /document16
Cheque collection
Send a cheque for collection (in Canada) $15.00
Receive a cheque for collection $35.00
Account statement and passbook
Cheque not returned
Passbook $2.00
Paper statement $3.30
Online statement no fee
With paper cheque images
Paper statement $5.50
Online statement $5.50
With online cheques images
Paper statement $5.50
Online statement $5.5017
Returned of cashed cheque
Fee $5.00
Telephone call $5.00
Bank draft in Canadian dollars
Issuing $7.50
Photocopy for proof of cashing $10.00
Reimbursement or replacement in case of loss or theft $10.00
Transfer
Transfer at member’s request $0.00
Creation of an automatic transfer $5.00
Modification to automated transfer $0.00
16
Fees for supporting document searches and restoration are not taxable. A search or an investigation at the request of a member or a third party and supported by subpoena is not subject to fees.
17
No applicable fee if the account is paired with a transaction plan.
7INTERNATIONAL SERVICES
Purchase/sale of USD currencie
Member free
Non-member $5.00
Purchase/sale of foreign currencies other than USD
Member $3.50
Non-member $5.00
USD cheque issued on a CAD account $17.00
Cashing or deposit a cheque, money order or draft into a cad account
American funds $2.50 per deposit or cashing
Other currencies $12.00 per deposit or cashing 18
Bank draft USD or other currency
Issued USD or other currency $7.50
Return item in USD $20.00
Photocopy as proof of cashing $10 min., $15 max.
Reimbursement or replacement after loss or theft $10 min., $20 max.
Direct deposit to other institutions min $4.00 max. $12.50
Funds transfer19
(SWIFT) $15.0020
Received
if $50 $15 in CAD or USD
Investigation $25 min.
Intercaisse21
Counter $2.00
Online with AccèsD Affaires $1.00
Item send whitin canada or abroad – export22
Cheque, letter of exchange and instrument item worth over $100 CAD $30 min., $200 max.
Documentary item $60 min., $275 max.
Returned item $50.00
Item received from Canada or abroad – import22
Cheque, letter of exchange and instrument $30 min., $150 max.
Documentary item $60 min., $275 max.
Discharge $50.00
Returned item $50.00
18
$12.00 fees are charged for each deposit of more than one item (cheque, money order or draft) if these items are denominated in a foreign currency and are from the same country.
19
USD transfers-applicable charges in USD.
20
All SWIFT payments will cost $15, regardless of method (in person or through AccèsD Affaires), amount or destination. SWIFT payments to a Desjardins Bank account will be just $7.50.
21
USD transfers-applicable charges in USD.
22
Fees applicable in the currency of the transaction if in US $. Otherwise, fees are in CA $.
8LETTER OF CREDIT (DOCUMENTARY CREDIT)
Import
Draft fee $100/hr
Opening $125.00 min.
Drawing commission $75 min. or fee schedule
Amendment $50.00
Unused or cancelled credit $75 min., $275 max
Discharge, indemnity, release of goods $50.00
Consultation $100/hr
Mail fees $25.00 min.
Telecommunication fees $20.00 min.
Export
Advising $75.00
Payment commission and negotiation higher of 0.125% or $60 min.
Amendment $50.00
Confirmation variable
Unused or cancelled credit $75 min.
Draft acceptance at term higher of 0.125%/30 days, $60 min.
Assignment of proceeds 0,125%, $150 min.
Prior notice of issue $25.00
Documents with discrepancies $50.00
Transfer of letter of credit Higher of 0,25 % or $200
Reimbursement fee $100.00
Consultation $100.00
Mail fees variable
Telecommunication fees $20.00
LETTER OF GUARANTEE AND STANDBY LETTER OF CREDIT
Issued
Draft fee $100/hr
Opening $125.00
Commission 0,5% to 2.5% ($100 min.)
Consultation $100/hr
Amendment $50.00
Received
Advising $60.00
Amendment $50.00
Confirmation variable
Consultation $100/hr
9COMMERCIAL FINANCIAL SERVICES
OPERATING LINE OF CREDIT
File analysis and setup
Line of credit up to $500,000 1% of authorized amount $250 min.
Line of credit over $500,000 1% of authorized amount 1/4% min.
Monitoring of assets from $75 to $125 per month (depending of complexity of file)
Monthly management fee for automated service Up to $125 (depending on complexity of file)
Annual renewal and monitoring 1% of authorized amount $250 min.
Availability fee (line of credit over $500,000) 1/4% to 1/2% of unused credit
Increase during year 1/2 % of authorized increase $150 min.
BUSINESS TERM COMMERCIAL LOAN
File analysis and setup
Loan up to $500,000 1% of authorized amount $250 min.
Loan over $500,000 min. 1/4% to 1% of authorized amount
Annual monitoring or periodic revision 1/4% of balance min. $250 to 1% authorized amount
Total or partial prepayment penalty stipulated in contract
Reopening of file 1/2 % of authorized amount $150 min.
Availability fee (annual) 1/4% of unused credit
Renewal before maturity date $225 plus penalty stipulated in contract
Assumption by a third party commercial building 1/2 % of balance $150 min.
REAL ESTATE FINANCING
RESIDENTIAL RENTAL PROPERTY
(a rental property of over 8 units and/or real estate portfolio includes over 12 units)
File analysis and setup 1/2 % of authorized amount $75 min/door
Renewal on maturity date
1/4 % of balance $75 min.
(if no annual monitoring fee or periodic revision)
Renewal before maturity date $150 plus penalty stipulated in contract
Reopening of file 1/4 % of authorized amount $75 min./door
Transfer to a third party 1/4 % of balance
Flexi-capital option (file analysis) $75/door or 1/4 % of authorized amount
Annual monitoring or periodic revision 1/4 % of balance
10OTHER FINANCIAL CHARGES Taking of security interest Security agreement $150/contract plus incurred expenses Other incurred expenses Building or equipment appraised by a professional incurred expenses On-site visit By caisse staff $50/visit By a professional incurred expenses Total or partial prepayment penalty stipulated in contract Written or telephone notice $5.00 Additional supervision of the file from $50/month Release $75 plus incurred expenses (no fee if the loan is due) Discharge $75 plus incurred expenses Extension of file $50 or $125, depending on analysis Delay in monthly moniting $25.00 Domestic letter of guarantee 0.5 % to 2.5% max. Disclaimer The Caisse makes every reasonable effort to ensure the accuracy of the information provided herein. Notwithstanding these efforts the policies, fees, dates or other conditions can be amended at any time and the information contained herein may contain errors or omission. The Caisse does not make any representations or warranties as to the accuracy of the information provided herein and it's your responsibility to verify these information’s with your Caisse.
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