Service Fee Update in October

At Luminus Financial, we keep our members up to date and informed when it comes to changes with our products or services. In order to continue to provide you with the best possible rates and products, an evaluation was conducted on our current service charges. Effective October 1st, 2019, we will be implementing service fee updates to these select services:

Service

New Fee

Original Fee

Business - In branch deposits

$1.00

$0.85

Business - In branch withdrawals

$1.00

$0.85

Business - PAD

$1.00

$0.00

Business - Direct deposit or PAD/PAC

$1.00

$0.75

Business - Cheque clearing

$1.00

$0.85

Business - Bill payments (online/telephone) 

$1.00

$0.85

Business - Bill payments (over the counter) 

$1.00

$0.85

Business -  HST filings & remittances

$1.00

$0.85

Business - Transfers

$1.00

$0.85

Chequing - In branch deposits

$0.85

$0.00

Chequing - In branch withdrawals

$0.85

$0.70

Chequing - Cheque clearing

$0.85

$0.70

Chequing - PAD

$0.85

$0.00

Chequing - PAC

$0.85

$0.70

Chequing - CAD $ cleared cheques

$0.85

$0.70

Chequing - US $ cleared cheques

$0.85

$0.70

Chequing - Interac direct payment

$0.85

$0.70

Chequing - Interac direct payment cancel

$0.85

$0.70

Chequing - Bill payments (online/telephone)

$0.85

$0.70

Chequing - CRA filings & remittances

$0.85

$0.70

Chequing - Transfers out

$0.85

$0.70

Dormant - Inactive after one year

$10.00 (per month)

$100.00 (per annum) 

Loans - Delinquency payment notice

$50.00

$45.00

Loans - NSF payment

$50.00

$45.00

Loans - Missed loan payment (auto transfer)

$50.00

$45.00

Registered - Withdrawals

$60.00

$50.00

Registered - Early redemption fee (RRSP)

$60.00

$50.00

Registered - Transfer to other FI

$60.00

$50.00

Savings - In branch deposits

$0.85

$0.00

Savings - In branch withdrawals

$0.85

$0.70

Savings - PAD

$0.85

$0.00

Savings - PAC

$0.85

$0.70

Savings - Interac direct payment

$0.85

$0.70

ISA - Transfers in branch

$0.85

$0.70

US savings - Cheques

$0.85

$0.70

Other - Bill payments over the counter

$0.85

$0.75

Other - Certified cheques member

$10.00

$7.50

Other - Certified cheques non-member

$25.00

$20.00

Other - Courier delivery

$25.00

$15.00

Other - Official cheques/drafts

$10.00

$7.00

Other - Screen printout

$3.00

$0.00

Other - Statements paper/mailed

$3.00

$2.50

Other - Stop payment request 

$15.00

$12.00

Other - Transfer via telephone

$3.00

$2.50

Other - Transfer via in branch

$0.85

$0.70

Other - Transfer to cover overdraft

$3.00

$2.00

Other - Wires incoming CAD

$15.00

$12.00

Other - Wires incoming other currency - CAD

$15.00

$0.00

Call branch to ask for balance

$3.00

$2.00

Over limit of authorized overdraft

$30.00

$20.00

Interac online payments

$0.85

$0.70

Mortgage application fee (broker channels only)

Starting at $300

$300-$750

Business account monitoring fee

Starting at $1500

$1500-$2000