Service Fees – General

Libro Owner

$1.00

5 free per month for chequing accounts

Non-Owner

$2.50

Charged to non-Owners who use Libro ATMs

PLUS System ATM Withdrawal

$3.00

Setup fee

$175.00

One time.

Per additional Originator ID

$75.00

Per item.

Manual Release

$20.00 per file

$0.15 per item

File Processing Fee

Per Item

Charges will be applied at the start of the next month

Automatic Release

$60.00**

$0.15 per item

File Processing Fee

Per Item

Charges will be applied at the start of the next month

**Please note the file processing fee will apply every month even if no files are processed

Hard Token

$30.00

A physical device that generates a random one-time code when activated. Hard tokens have a battery life of 2-3 years and will have to be replaced as required at Owner’s expense.

Soft Token

Free

An app installed on a user’s trusted mobile device.

Wire-USD

$50.00

USD

Wire-CAD or Foreign Currency

$50.00

CAD

Wire Investigation/Trace

$40.00

CAD

Wire-USD

$17.50

USD

Wire-CAD

$17.50

CAD

Libro Bank Draft

$10.00

CAD

Libro Bank Draft/Western Union Draft

$10.00

USD

Foreign Currency Drafts (Incoming and Outgoing)

$20.00

CAD

Foreign Banknotes – Shipped and Ordered

$10.00

(Plus delivery fees if applicable.)

CAD

Bill Payment – Electronic

Free*

Per item.

Bill Payment Error/Trace 

$20.00

Per item.

Personal Account

Free*

Per item.

Business Account

$1.00*

Per item.

Commercial Online Banking

Free

–

$30.00

Setup fee.

–

Per month.

Commercial Remote Deposit Capture

$60.00

–

$40.00

$20.00

$2.00

$25.00

Setup fee.

–

Per month.

Add new account.

Remove account.

Close CRDC service.

Bill Payment Remittance Processing Consolidated Service

$1000.00

–

$50.00

–

$0.05

Setup fee.

–

Per month.

–

Per transaction.

(Libro Owner is added to the biller lists of all financial institutions in Canada. Expanded service allows Owners to collect funds from any customer banking at any other financial institution via branch, telephone and online banking. Additional fees may be charged from other financial institutions.)

Certify Cheque for Owner

$15.00

Per cheque

Certify Cheque/Cash Cheque for a Non-Owner

$20.00

Per cheque

Charge Back for Collection

$25.00

Per item

Charge Back to Account

$6.00

Per item

Counter Cheques

$2.00

Page of 4 cheques, excluding temporary cheques issued for new accounts.

Non Sufficient Funds (NSF) Cheque / Non Sufficient Funds Processing (NSFP) Electronic

$50.00

–

$45.00

CAD

–

USD

Other Returned Cheque

$7.00

Per item

Stop Payment Placement Fee

$10.00

–

$12.00

CAD

–

USD

Stop Payment Return Fee

$5.00

–

$6.00

CAD

–

USD

Unauthorized Overdraft (Cheque or Automated Funds Transfer)

–

Unauthorized Overdraft – Month-end Service fee

–

Unauthorized Overdraft Rate

$5.00

–

$5.00

–

30%

Handling fee

–

Monthly fee

–

Annual interest rate charged monthly on temporary unauthorized overdraft amounts not resolved by Coverdraft or outside of the authorized overdraft limit.

USD Item Drawn on CAD Account

$15.00

Per item

Western Union Draft Stop Payment (USD or Foreign)

$25.00

Per item

Balance of Account to Other Financial Institution

$20.00

Close Personal/Business Ownership

$20.00

Owner closes ownership within 90 days of opening.

Close Inactive Account

$20.00

No Owner deposit, account activity for at least one year with no response to inquiry or acknowledgement. From 2 years to 5 years there will be an annual charge.

Close Dormant Account

$35.00

Both inactive and lost contact. Accounts are considered dormant 6 years after the Owner’s last transaction.

Registered Account Short Term Closure

$50.00

Owner closes contract within 90 days of opening.

RSP Withdrawal Fee

$50.00

Per item, first withdrawal per month is free.

Registered Account Transfer Fee

$75.00

Owner transfers RRSP, RRIF, TFSA or RESP to another financial institution.

GIC Early Withdrawal Interest Penalty

$100.00*

Owner makes a withdrawal from a term deposit (RRSP, TFSA, non-registered, etc.) before maturity.

Bank Confirmations

$30.00

Accountants may request bank confirmations to verify that the bank statements provided by their client are accurate and up to date.

Paper statement

$2.50

NEW fee effective October 31, 2024
Fee is per printed statement per statement cycle.

Copies

$50.00

Per additional copy, duplicates and changes at Owner request.

If dated less than 90 days

$5.00

Per item

If dated past 90 days

$10.00

Per item

Per hour

$30.00

For large volume branches

In branch

$1.00

Per item

Mail

$2.50

Per item

Photocopying

$0.25

Per page

Safe Deposit Box Rental Fee

Per year (not including HST)

($20 off with Premium Chequing)

Dimensions (area of box front)

Small

$45.00

(1.5 X 5, 2 x 5)

Medium

$45.00

(2.5 X 5, 3 x 5, 3.25 X 5, 3.5 x 5)

Large

$80.00

(3 x 10, 5 x 5, 2.5 x 10)

X-Large

$140.00

(5 x 10, 5 X 10.375, 5 x 10.75)

XX-Large

$240.00

(10 x 10, 10 X 10.375)

Lost Keys

$25.00

Per key