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