Effective July 1, 2010.
User fees for transactions
| TRANSACTION |
PERSONAL CHEQUING, BUILD-UP SAVINGS, REGULAR SAVINGS1 |
HIGH-YIELD |
Meridian ABMs |
| Withdrawal, transfer and payment of a bill registered in your file |
$0.65 |
$1.00 |
| Payment of a bill not registered in your file |
$2.25 |
$2.50 |
| Deposit, account balance information, passbook update, summary of transactions, line of credit payment |
Free |
Free |
| Additional fee for non-Members |
$2.00 |
$2.00 |
ABMs other than Meridian
|
| Interac* |
$1.50 |
$1.50 |
| PLUS* |
$3.00 |
$3.00 |
AccèsD Telephone and Internet |
| Transfer and payment of a bill registered in your file |
$0.65 |
$1.00 |
| Accounts balance information, online account statements, summary of transactions, line of credit repayment |
Free |
Free |
| Direct (debit card) payment (Canada, United States) |
$0.65 |
$1.00 |
| Direct deposit, preauthorized transfer between accounts in the same folio |
Free |
Free |
| Direct withdrawal (preauthorized payment) |
$0.65 |
$1.00 |
| Automated transfer between accounts in different folios. |
$0.65 |
$1.00 |
| Cheque |
$0.75 |
$1.25 |
Teller services |
| Cashing, withdrawals or transfers |
$1.00 |
$1.25 |
| Bill payment |
$2.25 |
$2.50 |
| Deposit, account balance information while making a transaction, passbook update and line of credit payment |
Free |
Free |
1. Cheques and direct withdrawals are not provided for in this account.
2. Service charges of $1.50 and $3.00 apply to withdrawals made at non-Meridian Credit Union ABMs in the Interac* and Plus* networks. Some ABMs may also charge additional fees.
Additional services
| SERVICE |
FEE |
| American Express™ single-signature traveller’s cheques |
1% (min. $4.50) |
| Cheque retained for future cashing |
$5.00 |
| NSF cheque or item |
$42.50 |
Certified cheque |
| At signatory’s request |
$10.00 |
| At payee’s request |
$15.00 |
| Safety deposit box (annual rental)1 |
From $35.00 |
| Personalized cheque order1 |
Supplier’s fee |
Confirmation of balance, fees, interest, transaction or other |
| By telephone or at the teller counter |
$2.50 |
| In writing |
$30.00/hour |
Stop payment |
| With complete information |
$12.00 |
| With partial information |
$20.00 |
| Series of cheques or preauthorized payments |
$20.00 |
Account overdraft |
| First day |
$5.00 |
| Subsequent day, if increased |
$5.00 |
Cashing traveller’s cheques |
| Member |
Free |
| Non-Member |
$2.50 per transaction |
Closing an account |
| Less than 90 days after opening |
$15.00 |
| More than 90 days after opening |
Free |
Inactive folio after written notice |
| After 1 year |
$10.00 |
| After 2 years |
$20.00 |
| After 3 years |
$40.00 |
| Passbook |
Free |
Cheque or other document search |
| Less than 90 days |
$5.00 each |
| More than 90 days |
$30.00/hour (min. $15.00) |
Online account statement |
| Monthly |
Free |
| Monthly with paper or online cheque images |
$2.00 |
Paper statement of account |
| Monthly |
Free |
| Monthly with paper or online cheque images |
$2.00 |
| Weekly |
$0.60 |
| Weekly with paper cheques image |
$2.60 |
| Weekly with online cheque images |
$1.10 |
| Canadian dollar draft or money order |
$6.50 |
| Reimbursement or photocopy of money order or draft (all currencies) |
Between $10.00 and $50.00 |
Transfer |
| Set up of automatic transfers |
Free2 |
| On request |
$5.00 |
1. Fees subject to GST and PST.
2. A $5.00 service charge applies to changes to transfers made at the teller counter.
™ Trademark of the American Express Company
Plans and other accounts are available. To find out more:
- The Economy Plan or Economy Plus Plan, if you don't make many transactions
- The Autonomous Plan, if you frequently use automated services
-
The Autonomous Plus Plan, for people who want even more freedom
-
The Premier Plan or Premier Plus Plan, if you make many transactions
-
The Youth Profit Account, for those aged 25 and under
-
The Merit Services, for people aged 59 and over
Foreign currency transactions
| TRANSACTION |
FEE |
Purchase and sale of U.S. currency |
| Member |
Free |
| Non-Member |
$2.25 |
| Purchase and sale of currencies other than U.S. |
$5.00 |
| Issuance of a U.S. dollar cheque on a Canadian dollar account |
$15.00 |
Cashing or deposit of cheques, money orders or drafts in a Canadian dollar account |
| U.S. currency |
$2.50/deposit1 |
| Other foreign currency |
$12.00/deposit |
| U.S. dollar money order |
$6.50 |
| Draft in U.S. dollars or other currency |
$7.00 |
Funds transfer |
| Within Canada |
Between $5.00 and $40.00 |
| Outside Canada |
Between $5.00 and $70.00 |
1. Or cashing.
2. Or cashing. Fees of $7.00 apply for each deposit or cashing of more than 1 item (check, money order or draft) if these items are of the same foreign currency and country.
