PERSONAL BANKING FEES Our Fee DEPOSIT ... - RBC Royal Bank · PERSONAL BANKING FEES Our Fee DEPOSIT ACCOUNTS REGULAR CHEQUING ... Minimum balance to avoid monthly service ... Auditor's

Schedule of Rates Charges Effective November 1, 2013

PERSONAL BANKING FEES Our Fee

DEPOSIT ACCOUNTS

REGULAR CHEQUING ACCOUNTS*

Minimum monthly fee $10.00

Minimum balance to avoid monthly service fee N/A

Currency

Minimum balance to attract interest N/A

Minimum Opening Balance $100.00

Transaction Fees

Number of transactions Included

Per cheque/debit transaction $0.70

ATM withdrawals (per item) $1.00

Branch (includes transfers) $1.25

ATM Mini Statements/ Balance Enquiry FREE

Online Banking FREE

Deposits FREE

Cheque writing privilege

Pay Interest N/A

Statement Frequency

Overdraft Available

Other

SIXTYPLUS BONUS CHEQUING ACCOUNTS*



Minimum balance to attract interest $100.00

Currency


Transaction Fees

Number of transactions Included Unlimited

Branch (includes transfers) FREE

Per cheque/debit transaction FREE

ATM withdrawals (per item) FREE


Online Banking FREE

Deposit FREE

Cheque writing privilege Yes

Pay Interest

Statement Frequency Quarterly

*RBC Royal Bank Only** RBC FINCO Only

1 RBC Royal Bank (Bahamas) Limited


Overdraft Available

Other

VALUE CHEQUING ACCOUNTS**


Minimum balance to avoid monthly service fee $100.00


Currency


Transaction Fees






Online Banking FREE

Deposit FREE


Pay InterestYes

Statement Frequency Monthly

Overdraft Available Yes

Other




PERSONAL DISCOVERY CHEQUING ACCOUNTS**


Minimum balance to attract interest $1,500.00

Minimum balance to avoid monthly service fee $1,500.00

Currency

Minimum Opening Balance $1,500.00

Transaction Fees




ATM withdrawals $1.00


Online Banking N/A

Deposit FREE


Pay Interest Yes

Statement Frequency Monthly


Other

SIXTYPLUS CHEQUING*

Minimum monthly fee None



Currency


Transaction Fees


Branch (includes transfers) Free

ATM withdrawals (per item) Free

ATM Mini Statements Free

Online Banking Free

Deposit Free

Cheque writing privilege N/A

Pay Interest

Statement Frequency

Overdraft Available N/A

Other

REGULAR SAVINGS ACCOUNT*






Minimum balance to avoid monthly service fee $500.00

Currency


Transaction Fees




ATM Mini Statements/ Balance Enquiry $0.00

Online Banking FREE

Deposit FREE


Pay Interest

Statement Frequency


Other




ULTIMATE SAVINGS ACCOUNT - PERSONAL**



Minimum balance to avoid monthly service fee 1,000.00

Currency


Transaction Fees




ATM withdrawals$2.00


Online Banking N/A

Deposit $2


Pay Interest Quarterly

Statement Frequency

Overdraft Available

Other

RBC ASUE ACCOUNT*

Minimum monthly fee N/A


Minimum balance to avoid monthly service fee$50

Currency

Minimum Opening Balance 100.00

Transaction Fees



ATM withdrawals (per item) N/A


Online Banking FREE

Deposit FREE


Pay Interest

Statement Frequency


Other

COLLEGE PASSPORT ACCOUNT*







Currency

Minimum Opening Balance Any Amount

Transaction Fees





Online Banking Free

Deposit Free





Other

SIXTYPLUS SAVINGS*




Currency


Transaction Fees





Online Banking Free

Deposit Free





Other

TERM DEPOSIT ACCOUNTS

Currency BSD


Transaction Fees

Early Redemption - Less than 30 day




Early Redemption - More than 30 day but beforescheduled Maturity

DEPOSIT ACCOUNT PACKAGES

ROYAL CERTIFIED SERVICE

Flat monthly fee $36.00



Currency BSD


Transaction Fees


Branch (includes transfers) FREE

ATM withdrawals FREE


Online Banking FREE

Deposit FREE

Cheque writing privilege FREE

Pay Interest FREE



Other




SERVICES RELATED TO DEPOSIT ACCOUNTS

AUTOMATED BANKING MACHINES/CLIENT CARD

Withdrawals (local) $1.00 Withdrawals (offshore ABM and other local bank machines) $4.00 + 0.5000%

RBC Point of Sale (client card purchase at cash register) offshore $4.00 + 2.5125%

Replacement card or issuance of 3rd card $5.00

Deposits, transfers, bill payments and inquiries FREE

ROYAL ONLINE INTERNET BANKING*

Monthly fee FREE

View account transactions FREE

Pay bills, credit cards and loans FREE

3rd party transfer (per transaction) FREE

OTHER DEPOSIT ACCOUNT RELATED SERVICES

Accounts Closed Within 90 Days of Opening $15.00

Internal Transfers between Deposit Accounts

Each transfer request $10.00

Transfer Advice (if required) $2.00

Unclaimed balances remitted to Central Bank $50.00

Interim statement request $5.00

Statement photocopies

First page $5.00

Each additional page $1.00

Auditor's Bank Confirmations

Per confirmation $30.00 Where extraordinary work is required, charge per

hour $30.00

Credit Reports/Certificate of Account Balances

Per report/letter $20.00 Where extraordinary work is required, charge per

hour $30.00

Letters to Consulates $20.00

Searching for account $15.00




Search for records (per hour) $30

Search for vouchers (per hour)$3.00 per entry or $30.00 per hour,

whichever is greatest

Per item $3.00

Numerous items and/or lengthy search required - per hour $30.00

Importation of USD Cash0.5% of value of cash shipment includes

strap fee, stamp tax, freight & dutyFee for Foreign Currency Cash in excess of the equivalent of US$5,000 credited to foreign currency amounts All denominations - 1%

Transfer from USD to BSD accountsConversion at the board rate. Standing

order charge of $2.00 will applyCharge for handling cash deposits -Local Currency- $10,000 and over for over-the-counter transactions 1% of value of coinsHandling of coins exchanged for paper $100 worth of coins and over. (Applies to Non-RBC clients only) 1% of value of coins

PAYMENTS AND CHEQUE HANDLING

Unauthorized overdrafts $15.00

Unpostable items $15.00

Dishonored cheques (Not Sufficient Funds) $25.00

Post Dated Cheques $3.00

Stop payments - Cheques $10.00

Stop payments - Drafts (Foreign and BSD) $40.00

Deposit items returned unpaid $5.00

Standing order payments

In-branch credits to personal accounts In the same name $6.00

In-branch credits to other personal account (from one personal a/c to another in different names) $10.00

Payment by local draft/wire-plus out of pocket expenses $15.00

Verification of cheque by telephone $3.00

Telephone calls requesting services available on ABM and Royal Online $5.00

BILL PAYMENTS

Persons paying bills - over the counter-per transaction $1.00




via ABM Machine/Royal Online Internet Banking FREECREDIT FACILITIES

VISA & MASTERCARD - CREDIT CARDS*Visa Classic & MasterCard Standard $45.00

plus co-applicant $25.00

Visa Gold & Gold MasterCard $70.00


Visa Platinum Rewards $100.00


Visa & MasterCard Fees

Late Payment Charge $40.00

Over Limit Charge $30.00

Dishonoured Cheque Charge (re: credit card payment-non RBC client)

$40.00

Dishonoured Cheque Charge (re: credit card payment-RBC client)

N/A

Excessive decline charges (charge applied after first 2 declines)

$1.00

Replacement Card fee $25.00

Cash advance local ABM 3% minimum $3

Cash advance offshore ABM and terminal 3%, minimum $5

Foreign Exchange on transactions not in BSD/USD currencies

1.50%

BSD cards subject to Bahamas stamp tax 1.50%

Statement copy fee - any other statement period $5.00

Sales/cash Advance draft copy fee - each copy $5.00

Immediate value for credit card payment request $25.00

Interest Rates

Visa and MasterCard 18%

PERSONAL LOAN FEESPersonal Loans: Commitment fees/Negotiation fees/ Service charge/ Arrangement/ Administrative

All loans, including refinance/add-on, except car loan 1% of loan amount, Minimum $125

New and used car loans $250 flat fee

Mortgages

Land loans - Commitment Fee 1% of loan amount

Developed property- Commitment Fee 1% of mortgage amount

Construction loan - Commitment Fee 2% of mortgage amount




Mortgage Satisfaction/Discharge of mortgages $ 100.00

Management Fees/Commitment Fees1.5% (excluding construction

mortgages)

Settlement Letters $ 15.00

Personal Overdraft

Service charge $20.00

Administrative fee 1% minimum $125Annual Renewal Fee 0.5% Minimum $125

Interim Reviews/ Additions/Temporary Facilities/Excesses/Amendments 0.125 - 0.5% Minimum $100

Royal Premier Residential Property Loan Commitment Fee - 1% of loan amountLate payment fee $30.00 Annual Renewal Fee

0.5% of loan amount. Minimum $125




PROFESSIONAL PACKAGE LOANSStudent and Interns

Tertiary education

Interest rate

0.50% reduction from posted rate (1.00% for interns under Health Care Professionals package)

Administration Fee 0.35% discount on loan service charge

New Car Loans

Interest rate 0.50% reduction from posted rate (1.00% for interns under Health Care Professionals package)


Used Car Loans

Interest rate 0.50% reduction from posted rate (1.00% for interns under Health Care Professionals package)


Visa Credit Card No annual fees in the first year

PersonalTertiary education (restricted to already qualified professionals pursuing continuing professional development on a part time basis)

Interest rate 0.50% reduction from posted rate

Administration Fee 0.50% discount on application fee

Consumer Loans (for expenses related to continuing professional development to finance attendance at conferences/seminars only)

Interest rate 0.50% reduction from posted rate

Administration Fee 0.50% discount on application fee

Residential Mortgage




Interest rate

Up to 0.50% off the posted rate (except during price based campaigns)

New Car Loans

Interest rate0.50% reduction from posted rate

Administration Fee0.50% discount on application fee

Used Car Loans

Interest rate0.50% reduction from posted rate

Administration Fee0.50% discount on application fee

Personal Overdrafts

Application fee 0.50% discount on application fee

WIRES & TELEPHONE TRANSFERS

OUTGOING PAYMENTS

Draft/Mail Transfer $6.00

Payment to other Banks - local wires and telephone transfers $5.00 plus government stamp tax

Paid for in Bahamian Dollars Sold at the applicable foreign exchange selling rate (Include $21.50 Cable Fee) In Branch Via ROLG

Up to $9,999$46.50 $33.50

$10,000 - $24,999$56.50 $46.50

$25,000 - $99,999$71.50 $61.50

$100,000 - $249,999$91.50 $81.50

$250,000 - $499,999$111.50 $101.50

$500,000 - 1,000,000$126.50 $116.50

over $1,000,000Apply rate of 0.0156%

Paid for with another foreign currency In Branch Via ROLG

Up to $9,999$61.50 $51.50

$10,000 - $24,999$71.50 $61.50

$25,000 - $99,999$81.50 $71.50

$100,000 - $249,999$106.50 $96.50




$250,000 - $499,999$121.50 $111.50

$500,000 - 1,000,000$171.50 $131.50

over $1,000,000 Apply a rate of 0.0156%

Investigations for transfers resulting from errors in transmissions which can be attributed to clients (i.e. wrong address, beneficiary etc.) - plus out of pocket expenses $30.00

INCOMING PAYMENTS Foreign currencies paid in BSD or converted to another foreign currency are to be converted at the applicable buying exchange rate.

Credited to an account $6.00

Paid in cash or by draft in same currency $6.00

TRAVELLERS' CHEQUES

Selling Selling exchange rate plus 1%

American Express - Cashing Free

Visa Traveller's cCheques - Cashing $0.25

Other Travellers Cheques - Cashing $1.15

NEGOTIABLE INTRUMENTS

g gdrawn on banks outside The Bahamas. nstruments converted to Bahamian

Visa - Cash Advances 2%Cheques cashed against holders of Royal Bank Cards (if paid in the same currency FREE

All other instruments cashed in same currency 1/2 of 1%

Minimum $2.00

SAFEKEEPING & SAFETY DEPOSIT BOXES

SAFEKEEPING

Annual safekeeping charges for:

Stock Certificates/Bonds $15.00

Plus additional charge per class $20.00

Minimum charge per client $55.00

Documents (e.g. Insurance Policies) per document$25.00

Sealed envelopes $55.00

Small packages $85.00

Large package, box, trunk $150.00




Computer tapes/disc. S/B $125.00

Access Fee Each entry to Safekeeping $7.50Higher charges shall be made for bulky or otherwise inconvenient articles. The charges apply to items held at the branch and are also minimum charges for items held elsewhere. Where overseas depository charges are higher, these shall be recovered in ful

$50.00

SAFETY DEPOSIT BOXReplacement Keys $20.00

Drilling of the box as a result of: lost key plus cost of drilling and replacement key $100.00

Rental Arrears plus cost of drilling and replacement of lock $200.00

rates vary according to size

Small $65.00

Medium $170.00

Large $325.00

Xtra-Large $490.00

Annual ChargesBox Size Per Annum

1 1/2" x 5" x 24" $50.00

1 1/2" x 5 1/4" x 24" $50.00

1 3/4" x 4 3/4" x 24" $50.00

1 3/4" x 5 1/4" x 24" $50.00

2" x 4 3/4" x 24" $55.00

2" x 5" x 24" $55.00 2 1/4" x 5 1/2" 24" $65.00

2 1/2" x 5 x 24" $65.00 2 1/2" x 5 1/4" x 24" $65.00

2 1/2"x 10 3/8" x 24" $120.00

3" x 11 1/4" x 24" $170.00

3 1/4" x 5" x 24" $90.00

3 1/2" x 10 3/4" x 24" $170.00

4 3/4" x 5 1/4" x 24" $120.00

4 3/4" x 10 1/4" x 24" $260.00

4 3/4" x 10 3/4" x 24" $260.00

4 3/4" x 11" x 24" $260.00

5" x 5" x 24" $120.00 5" x 10 1/4" x 24" $260.00

5" x 10 3/8" x 24" $200.00

6 3/4" x 10 3/4" x 24" $325.00

6 3/4" x 11 1/4" x 24" $325.00 8 3/4" x 10 3/4" x 24" $385.00

9 3/4" x 11 1/4" x 24" $395.00

9 3/4" x 22 3/4" x 24" $490.00

10" x 10" x 24" $380.00 10" x 15 3/4" x 24" $400.00

For other sizes (rate per cubic inch) $0.30

Note: When rental is for less than one year, charge 1/12 of the annual rent per month (Minimum charge of 3 months rent).



Schedule of Rates Charges – Effective November 1, 2013

BUSINESS BANKING FEES Our Fee

DEPOSIT ACCOUNTS

BUSINESS CHEQUING ACCOUNTS*




Currency


Transaction Fees





Online BankingUp to 5 accounts - $10; 6-10 accounts,

$15; over 10 accounts - $20

Deposit FREE


Pay Interest N/A

Statement Frequency

Overdraft Available

Other

COMMERCIAL DISCOVERY ACCOUNTS**




Currency


Transaction Fees






Online Banking N/A

Deposit FREE



*RBC Royal Bank Only** RBC FINCO Only RBC Royal Bank (Bahamas) Limited


Statement Frequency

Overdraft Available

Other

ULTIMATE SAVINGS ACCOUNT - BUSINESS**



Minimum balance to avoid monthly service fee 1,000.00

Currency


Transaction Fees




ATM withdrawals$2.00


Online Banking N/A

Deposit $2



Statement Frequency

Overdraft Available

OtherSERVICES RELATED TO DEPOSIT ACCOUNTS

ROYAL ONLINE INTERNET BANKING*

Monthly fee

up to 5 accounts $10.00

6 to 10 accounts $15.00

over 10 accounts $20.00

BILL PAYMENTS

Corporate client $1.00 CASH MANAGEMENT/PAYMENT SOLUTIONS

PAYROLLPayments in cash to employees from a customer supplied list (each) $3.00

Minimum $45.00

Payroll Manually prepared by bank and paid to individual $5.00

Manual Payments to employee accounts (where companies are RBC clients)



Internal transfers $3.00

to pay other banks $6.00

Minimum $45.00

Payroll Direct (Electronic Payroll)

0 - 200 transactions $40.00

201 – 400 transactions $50.00

401 – 600 transactions $60.00

600 and over transactions $75.00

Late Transmission Fee $50.00

Late Transmission Fee $100.00

Errors created by clients Fee $50.00

Payroll Cashing Credit

Per credit to employee with RBC account$ 0.50

Per credit to employee with another bank$ 0.60

Minimum $40

Payroll software interface

Programming services provided by RBC to interface Payroll product with customer’s software $250.00

Installation & training $350.00

Automated Payroll/ Payroll DirectPer credit to employee with RBC account $ 0.50 Per credit to employee with another bank $ 0.60

Minimum $40 Debi Multi-link Card

Per credit to employee with RBC account $ 0.50 Per credit to employee with another bank $ 0.60

Minimum $40

DEPOSITORY SERVICES*

Annual Service Charges-each location plus cost of bags

Opened $60.00

Unopened $300.00

Repairs to wallet $25

Lost keys for bag $25 plus full cost of replace

Disposable Bags

Orders under 500 bags (per hundred) $25.00

Orders over 500 bags (per hundred) $20.00

MERCHANT SERVICES*

Terminal Rental

Stand alone $45.00



WiFi $55.00

Wireless $85.00 CREDIT FACILITIES

BUSINESS/COMMERCIAL LENDING

Business Instalment / Demand Loans

Arrangement/Administrative Fee

Under $250,000 1% min $200

Over $250,0001% min $625

Annual Renewals

1% min $250

Standby/Commitment Fee

$0-250M 1% min $250

Over $250,0001% min $250

Interim Reviews/Additions/Temporary Facilities/Excesses/Amendments- % of facility

Under $250,000 1/2% to 1% min $50

Over $250,0001-4% to 2% min $250

Notice Fee (Verbal or Written) - Late Payment $30

Management Fees

Under $250,000 1% min $200

Over $250,0001% min $625

Performance Bonds Refer to Credit Risk Department, Bahamas Regional Office

Royal Premier Residential Property Loan

Commitment Fee1% of loan amount

Commercial Mortgages

Management Fees

Under $250,000 1% min $200

Over $250,0001% min $625

Statement Letters$15

Settlement Letters$15

Arrears $30

PROFESSIONALS PRODUCT



New equipment financing

Interest rate 0.50% reduction from posted rated

Application fee 0.35% discount in application fee

Leasehold improvements (for HCP Only)



New car purchase



Used car purchase



Building/Property



Operating Loan

Administrative Fee 0.35% of loan principal

Term Loan

Administrative Fee 0.35% of loan principal

Commercial overdraft


Merchant Point of Sale

Interest rate

0.25% off Standard Merchant Discount Rate (Not below Local Interchange

Agreement floor rate of 2.50%)

VISA & MASTERCARD - CREDIT CARDS*Visa Rewards Platinum Business $125.00




Fees

Late Payment Charge $40.00

Over Limit Charge $30.00

Dishonoured Cheque Charge (re: credit card payment-non RBC client)

$40.00

Dishonoured Cheque Charge (re: credit card payment-RBC client)

N/A

Excessive decline charges (charge applied after first 2 declines)

$1.00

Replacement Card fee $25.00

Cash advance local ABM 3% minimum $3

Cash advance offshore ABM and terminal 3%, minimum $5

Foreign Exchange on transactions not in BSD/USD currencies

1.50%

BSD cards subject to Bahamas stamp tax 1.50%

Statement copy fee - any other statement period $5.00

Sales/cash Advance draft copy fee - each copy $5.00

Immediate value for credit card payment request $25.00

Interest Rates 18%

COLLECTIONS

COLLECTION COMMISSIONS

Cheques and Clean Bills:Up to $2,000 $20.00

$2,001 - $499,999 1/16% - min $30.00 each

Maximum $175.00

$500,000 and over 1/32% - min. $200.00 eachMaximum $300.00

Outgoing Collection processing fee $75.00

Documentary Bills 3/4% - min $30.00 each

SUNDRY CHARGESHolding Charges

$20.00

Bonding and Insurance of goods $5.00 MinimumDelivery Orders $25.00

Guarantees re: Missing bills of lading 3/4% Min $25.00

Extending due date or altering tenor of Bill $25.00

Tracers $40

Wire Transfers

INTERBANK - COLLECTIONS IN FOREIGN CURRENCYFor Documentary Bills received by another Bank, the commission of 1/2% is paid to the Bank receiving the bills from overseas in Bahamian dollars. The remaining 1/4% commission is for the



LETTERS OF CREDIT (L/C) AND GUARANTEESStandard transactions. Transactions where any exceptional amount of

OUTWARD LETTERS OF CREDIT (IMPORTS)

1. Commercial L/C'sa. Establishment Commission

- For first 6 months 1 1/4% Min $35

- Each succeeding month of part there of 1/4% Min $25

b. Amendment Commission

- For increase in amount (On amount increased) 1 1/4% Min $50

Others $50

c. Establishment Commission if L/C prepaid

- If no interest is paid on the deposit. 1/2% Min $30

- If interest is paid on the deposit. 1 1/4% Min $30

d. Interest on Drawings

For a L/C covered by cash collateral inthe currency of the L/C No Charge

For a L/C not covered by Interest is tocash collateral in the currency of the L/C

Interest is to be charged at not less than prime rate of applicable currency from the date payment is charged to Direct Accounts to the date the client's account is charged with the drawings.

INWARD LETTERS OF CREDIT (EXPORTS)Advising L/C to client Min $50

Confirmation charge (In addition to advising charge)

For each 60 days 1% Min $50

Negotiation of Drawings

Each drawing where immediate credit is given

Per payment 2% Min $30

Maximum $750.00

Amendments/Increases to creditNew Facility 2%

amendment to existing facility 1% min 50

To confirm credits - Risk Approval is necessary Additional charge $50.00

Notes:

GUARANTEES

Guarantees covering the non-production of Bills of lading.



Monthly charge 3/4% minimum $25.00

All others including Customs Bonds

First 6 months or any part thereof 1.5% minimum $75.00

Annual fee for over 6 months 2% minimum $75.00
