Envision Financial

Business Service Fee Guide

At Envision Financial, we like to make things simple for our business members—so here is a handy list that you can reference for account related service fees.

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Member Service Fees

Account Related Fees / EFT


Account closing (within 90 days)
Bank confirmation—standard
Bank confirmation—comprehensive (min $50)
Chargebacks (deposit NSF cheque)
One-time fee after 18 months of inactivity
Inactive account (per month after 18 months)
Non-sufficient funds (NSF) cheque
Office cheque (for member)
Office cheque (for non-member)
Order duplicate printed statement
In-branch statement printout
Stop payment (in-branch & electronic)
Telephone request to transfer funds between accts
Un-encoded cheque
Order cheques
Cheque written in U.S. funds on CDN account
Foreign currency/cheque ABM deposit
$25.00
$30.00*
$50.00/hr*
$6.00
$42.50
$2.50
$45.00
$8.00
$20.00
$50.00
$5.00
$13.00
$5.00
$10.00
Variable
$10.00
$5.00

Electronic Funds Transfer (EFT)
powered by PaymentStream


New EFT service set up fee
Manual file transmission (cost per release)
Automatic transmission (cost per month)
EFT change request
$200.00
$10.00
$50.00
$25.00

Wire Transfers


Send CAD funds within Canada
Send CAD funds to other countries
Receive CAD funds
Send USD funds to USA (fee in USD)
Send USD funds to other countries (fee in USD)
Receive USD funds (fee in USD)
Send currency other than CAD or USD to all countries
$22.00
$27.00
$12.00
$24.50
$27.00
$14.50
$22.00

Loan & Mortgage Fees

Application Fees


Agricultural (min)
Commercial (min)
Standby fee (min)
Letter of credit & undertaking—domestic (min)
0.25%
0.50%
1.00%
$100.00

Late Filing Fees


Monthly information requirement (i.e. accounts receivable & payable statements) per occurrence over 45 days late
$50.00
Year-end information requirement per occurrence over 60 days late ($250.00 per month thereafter)
$150.00

LOC / Overdraft / Approved (including excess)


System generated fee per txn for excess LOC or OD
Manual transfer from another account to cover overdraft
$5.00
$5.00

Mortgage Fees


Mortgage discharge (prepared by lawyer)
Mortgage discharge (prepared by Envision)
Mortgage renewal (minimum cost)
Progress draw—or as negotiated, per advance (includes search fees)
$200.00
$250.00
$125.00
$150.00

Other Fees


Annual review—loan & LOC ($50 min)
LOC margining admin fee ($100 min)/month
0.10%
0.10%

Everything Else

Miscellaneous


Credit reference request
Letters (minimum)
$30.00
$30.00*

BizSimple™ Cheque Deposit


Monthly fee per scanner
Setup fee
Per additional unlisted transit
Add additional account
Remove account
Remove unlisted transit
$35.00
$90.00**
$90.00
$20.00
$5.00
$30.00

Night Deposits


Per 100 bags
Lost Key Replacement
$30.00*
$15.00*

Safe Deposit Boxes


1.5" x 5" (price/year—excluding taxes)
2" x 5" (price/year—excluding taxes)
2.5" x 5" (price/year—excluding taxes)
3" x 5" (price/year—excluding taxes)
3.75" x 5" (price/year—excluding taxes)
5" x 5" (price/year—excluding taxes)
2.5" x 10" (price/year—excluding taxes)
3" x 10" (price/year—excluding taxes)
5" x 10" (price/year—excluding taxes)
10" x 10" (price/year—excluding taxes)
Replacement key
Drilling box
$40.00*
$55.00*
$60.00*
$55.00*
$70.00*
$85.00*
$85.00*
$85.00*
$150.00*
$250.00*
$20.00*
$200.00*

*applicable taxes may apply to some services.
**includes 1 unlisted transit and up to 10 accounts.