Notice of New Fee for Corporate Electronic Funds Transfer Service (Effective August 1, 2024)
Dear Valued Customer,
Effective August 1st, 2024, our bank will implement a new fee for Electronic Funds Transfer (Business Account Service). The details are as follows:
| Related Services | New Fee | |
|---|---|---|
| Electronic Funds Transfer (CAD) |
Transaction amount < CAD10,000 | CAD 0.85 per transaction |
| Transaction amount between CAD10,000 and CAD100,000 |
CAD 1.00 per transaction | |
| Transaction amount > CAD100,000 | CAD 1.25 per transaction | |
| Electronic Funds Transfer (USD) |
Transaction amount < USD10,000 | USD 0.85 per transaction |
| Transaction amount between USD10,000 and USD100,000 |
USD 1.00 per transaction | |
| Transaction amount > USD100,000 | USD 1.25 per transaction | |
Notes:
CAD accounts are charged in Canadian dollars and USD accounts are charged in U.S. dollars.
If you have any questions, please call our toll-free customer service hotline at 1-844-669-5566 or visit your home branch. Thank you again for your continuous support.
Bank of China (Canada)
May 21, 2024
