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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Account Related Fees / EFT

Account
Related
Fees
Account closing
(within 90 days)
$25.00       
Bank confirmation—standard $30.00*     
Bank confirmation—comprehensive (min $50) $50.00/hr*
Chargebacks
(deposit NSF cheque)
$6.00         
Inactive account
(per month after 2 years)
$2.50         
Non-sufficient funds
(NSF) cheque
$45.00       
Office cheque
(for member)
$8.00         
Office cheque
(for non-member)
$20.00       
Order duplicate printed statement $50.00       
In-branch statement printout $5.00         
Stop payment
(in-branch & electronic)
$13.00       
Telephone request to transfer funds between accounts $5.00         
Un-encoded cheque $10.00       
Cheque written in U.S. funds
on Canadian account
$10.00       
Foreign currency/cheque ABM deposit $5.00         
Electronic
Funds
Transfer (EFT)
powered by
PaymentStream
New EFT service set up fee $200.00     
Manual file transmission
(cost per release)
$10.00       
Automatic transmission
(cost per month)
$50.00       
EFT change request $25.00       
Wire Transfers
Send CAD funds within Canada $22.00         
Send CAD funds to other countries $27.00         
Send USD funds to USA
(fee in USD)
$24.50        
Send USD funds to Canada and other countries
(fee in USD)
$27.00         
Send currency other than CAD or USD to all countries $22.00         
Receive CAD funds $12.00         
Receive USD funds
(fee in USD)
$14.50         

Loan & Mortgage Fees

Application
Fees
Agricultural
(min)
0.25%         
Commercial
(min)
0.50%         
Standby fee
(min)
1.00%         
Letter of credit & undertaking—domestic
(minimum fee)
$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)
Manual transfer from another account to cover overdraft $5.00         
System generated fee per txn for excess LOC or OD $5.00         
Mortgage
Fees
Mortgage discharge
(prepared by lawyer)
$200.00     
Mortgage discharge
(prepared by Envision)
$250.00     
Mortgage renewal
(minimum cost)
$125.00     
Progress draw—or as negotiated, per advance (includes search fees) $150.00     
Other
Fees
Annual review—loan & LOC
($50 min)
0.10%        
LOC margining admin fee
($100 min)/month
0.10%        

Everything Else

Miscellaneous
Credit reference request $30.00        
Letters (minimum) $30.00*      
Night Deposits
Per 100 bags $30.00*      
Lost Key Replacement $15.00*      
Safe Deposit Boxes
1.5" x 5"
(price/year—excluding taxes)
$40.00*       
2" x 5"
(price/year—excluding taxes)
$55.00*      
2.5" x 5"
(price/year—excluding taxes)
$60.00*      
3" x 5"
(price/year—excluding taxes)
$55.00*      
3.75" x 5"
(price/year—excluding taxes)
$70.00*      
5" x 5"
(price/year—excluding taxes)
$85.00*      
2.5" x 10"
(price/year—excluding taxes)
$85.00*      
3" x 10"
(price/year—excluding taxes)
$85.00*      
5" x 10"
(price/year—excluding taxes)
$150.00*    
10" x 10"
(price/year—excluding taxes)
$250.00*    
Replacement key $20.00*      
Drilling box $200.00*    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*applicable taxes may apply to some services.