Fees
For current fees, please contact your local branch or Member Assistance at 416 925 1107, 1 888 516 6664 or help@rapportcu.ca
Daily Banking Service Fees effective November 15, 2023
Savings Accounts |
Fees
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Everyday: |
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| 2 eligible transactions each month* |
Free
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| Each eligible transaction after 2 free |
$2.00
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Express: |
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| Each eligible transaction* |
$3.00
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Explore: |
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| Each eligible transaction* |
Free
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Enrich: |
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| Each eligible transaction* |
$2.00
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Energize: |
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| Each eligible transaction* * |
$5.00
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Savings Accounts
*Eligible transactions: in branch cash withdrawals, Rapport and THE EXCHANGE® Network ATM withdrawals and Debit Card purchases.
** Energize Eligible Transactions: In Branch Cash Withdrawals, Transfers, Pre‐Authorized Debits or Credits, Rapport and THE EXCHANGE Network ATM Transactions / Debit Card Purchases, Online or Telephone Bill Payments, Interac Withdrawals, Interac E-Transfers, and ATM outside Canada. One eligible transaction free per month. $5.00 per eligible transaction over the transaction limit.
Other Chequing and/or Savings Account Service Fees |
Fees
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| Grandfathered Chequing without a package - transaction fee |
$0.75
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| Personal cheques cleared on US accounts |
$1.00
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| Transfers initiated by Rapport |
$4.50
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| NSF cheques and pre-authorized debits / AFT |
$45.00
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| NSF cheque or pre-authorized debit covered and processed |
$45.00
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| Personal Cheques cleared – not in currency of account |
$15.00
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| Cheque certified by member |
$5.00
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| Cheque certified by non-member |
$15.00
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| Incorrect/Un-encoded pre-authorized credits |
$5.00
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| Send Interac E-Transfer |
$1.50
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| Request Money Interac E-Transfer |
$1.50
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| Primary Corporate Cheques CDN or US |
$7.50
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| Wire Transfers Out |
At Cost + $10.00
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| Wire Transfer In |
$5.00
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| Wire Returned Fee ( 3 rd Party Fee) |
$10.00
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| Dishonoured Item- Paid |
$45.00
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| Paid cheque search - up to 90 days per item |
$5.00
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| Paid cheque search - 91 days or more per item |
$15.00
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| Cheque Orders |
At Cost
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| 3 rd party item returned unpaid |
$5.00
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| 3 rd party collection cheques charged to 3rd party |
$45.00
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| 3 rd party garnishments charged to Member |
$50.00
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| Courtesy call to Cover Overdraft |
$5.00
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Stop Payments |
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| Pre-authorized (PAD) debit - complete details (max. of 6 months) |
$12.00
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| Pre-authorized (PAD) debit - partial details (max. of 6 months) |
$20.00
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| Cheque - complete details |
$12.00
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| Cheque - partial details |
$20.00
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Bill Payments |
Fees
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| Bill payment – online |
$0.75
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| Bill payment – in branch |
$1.00
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| Rejected funds transfer out |
$5.00
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| Rejected bill payment info/Payment refund after processing |
$10.00
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| Bill payment reversal /change of payee/payment trace |
$15.00
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ATM/Debit Card |
Fees
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| Purchases, deposits and withdrawals at Rapport and THE EXCHANGE® Network ATMs – see chequing packages and savings account fees. | |||
| Member Debit card POS |
$0.50
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| Re-issue ATM/debit card (Second/Lost) |
$10.00
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| ATM transaction lookup (per item) |
$5.00
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| THE EXCHANGE® ATMs withdrawals |
$0.75
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| Interac ATM withdrawals |
$1.50
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| ACCEL ATMs withdrawals within United States |
$3.00
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| Cirrus ATM withdrawals within United States |
$3.00
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| Cirrus ATM withdrawals outside of United States |
$5.00
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Personal Loan & Mortgage Lending |
Fees
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| Chattel registrations per 5 year term (includes discharge & search) |
$75.00
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| Returned payments due to non-sufficient funds (NSF) |
$45.00
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| Extension Request (Waived In Strike Situation) |
$25.00
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| Discharge registration and administration fees |
Up to $400.00
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| Appraisal and legal fees |
At Cost
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| CMHC Application Fee |
At Cost
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| Delinquent more than 45 days (charged monthly) |
$10.00
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| Delinquency Notices: 1st Notice |
$5.00
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| Delinquency Notices: 2nd Notice |
$10.00
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| Collection Letter |
$25.00
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| Demand Letter |
$35.00
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| Loan rewrites/Amendments |
$40.00
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| Vehicle Lien Search |
$20.00
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| Property search |
At Cost
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| Bridge Financing |
Interest Costs + $500.00
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| Restructured Mortgages – less than minimum |
$300.00
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| Building Mortgage Application Fee |
$100.00
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| Mortgage Application fee (refundable upon disbursement of funds) |
$100.00
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When you become a member, you become an owner.
Rapport - A Division of WFCU Credit Union is owned by all WFCU members. Everyone who joins Rapport purchases a membership share in WFCU, at a price of $5.00, and then continues to hold that share for as long as they remain a member. Your $5.00 share account is kept separate from other money on deposit, and gets refunded when the account is closed.
Membership |
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| Membership Share Requirement |
$5.00
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Registered Plans |
Fees
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| First RRSP/RRIF withdrawal each year (after 180 days on deposit) |
Free
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| Minimum payment withdrawal for RRIF |
Free
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| RRSP/RRIF/TFSA transfers to Carte Wealth Management Inc. |
Free
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| Second and subsequent RRSP/RRIF withdrawals each year |
$50.00
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| RRSP/RRIF/TFSA transfers to other financial institutions |
$75.00
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| Each RRSP/RRIF withdrawal, closure within 180 days of deposit |
$75.00
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| Concentra RESP partial transfers to other financial institutions |
At Cost
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Mutual Funds and Self Directed Fees |
Fees
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| Please refer to your Personal Account Manager/Branch Manager | |||
Miscellaneous Services |
Fees
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| Buying / Selling Foreign Currency |
At Cost
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| Current Year Statement + postage cost if Out of Country |
$2.00
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| Duplicate statement - more than one year (per year) |
$15.00
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| Safekeeping of Post dated items (per item) |
$5.00
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| Traveler's cheques basic (Not available at all locations) |
1%
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| Canadian Money Orders (Not available at all locations) – Max $1,000 per draft |
$5.00
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| Search Of Records Under 30 Days |
FREE
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| Search of Records Over 30 Days |
Per Hour $50.00
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| Re-Printing Of Previous Year(s) Income Tax Information Per Item |
$15.00
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| Bank Confirmation Letter |
$25.00
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| Life Insured Savings Account – per claim |
$200.00
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| Deceased Member Account Handling Fee |
$100.00
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| Membership closed within 6 months of opening |
$50.00
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| Savings/chequing acct transferred to another financial institution |
$25.00
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Safety Deposit Boxes |
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| 1 ½ x 5’ + HST James St & Kakabeka |
$35.00
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| 2 ½ x 5’ + HST Main& James St & Kakabeka |
$45.00
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| 2 ½ x 10’ + HST Main & James St & Kakabeka |
$70.00
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| 5 x 5’ + HST Main & James St & Kakabeka |
$70.00
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| 5 X 10’ + HST Kakabeka |
$75.00
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| Late Payment Fee SDB Per Mth |
$5.00
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| Replacement of Safety Deposit Box Key |
$25.00
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| Safety Deposit Box - drilling |
$100.00 Plus Costs
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Dormant Accounts: |
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| One to four years (per year) |
$20.00
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| Five to nine years (per year) |
$25.00
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| Dormant Account Notice - Year 2 |
$100.00
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| Dormant Account Notice – Year 5 |
$100.00
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| Fee to transfer Abandoned Account – Year 10 |
$100.00
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All fees are subject to change without notice.