Notice of Fee Adjustment for Personal Deposit Accounts (Effective July 1st, 2025)
Dear Client,
Effective July 1, 2025, our bank will make changes to the Personal Deposit Accounts and Related Services Disclosure Form as follows:
| Services | Currently Fee | New Fee |
|---|---|---|
| Monthly Maintenance Fee -CAD Standard Savings |
CAD$8.00 - Waived with minimum daily closing balance of CAD$500.00 | CAD$10.00 - Waived with minimum daily closing balance of CAD$500.00 |
| Monthly Maintenance Fee -CAD Premium Chequing |
CAD$18.00 - Waived with minimum daily closing balance of CAD$5,000.00 | CAD$23.00 - Waived with minimum daily closing balance of CAD$5,000.00 |
| Monthly Maintenance Fee -CAD Premium Savings |
CAD$18.00 - Waived with minimum daily closing balance of CAD$5,000.00 | CAD$23.00 - Waived with minimum daily closing balance of CAD$5,000.00 |
| Inward Remittance* | Receiving from BOC Group: $10.00 Receiving from other banks: $15.00 |
Receiving from BOC Group: $15.00 Receiving from other banks: $17.00 |
| Outward Remittance -Over The Counter* |
$8,000.00 or below (or the C$ equivalent in any other currency): $20.00 Over $8,000.00 (or the C$ equivalent in any other currency): $40.00 |
$10,000.00 or below (or the C$ equivalent in any other currency): $30.00 Over $10,000.00 (or the C$ equivalent in any other currency): $50.00 |
| Outward Remittance -Online Banking Service* |
$15.00 per transfer (Additional fees may be charged by the correspondent financial institution) | $20.00 per transfer (Additional fees may be charged by the correspondent financial institution) |
| E-transfer (Send Money/ Request Money) -CAD Basic Chequing -CAD Standard Savings -CAD No Cost Chequing |
N/A | CAD$1.25 per transaction |
Notes:
*CAD accounts are charged in Canadian dollars and USD accounts are charged in U.S. dollars. Other foreign currency accounts are charged the foreign currency equivalent of the Canadian dollars.
If you have any questions, please call our toll-free client service hotline at 1-844-669-5566 or visit your home branch. Thanks for your continuous support.
Bank of China (Canada)
April 30, 2025
