Sunova News heads up: business banking fees are changing
November 14, 2019
Effective January 1, 2020 a small selection of our business banking service fees will be updated. The following is a before and after summary of these changes:
Business + agriculture accounts
In branch fees
| Before | January 1, 2020 | |
| Cash or cheque withdrawal from chequing | $1.00 | $1.10 |
| Deposits | $0.79 | $1.10 |
International point-of-sale debit transaction fees
In addition, we will be introducing an issuer fee on international point-of-sale debit transactions for all members.
Why? Foreign currency debit card transactions are processed by our foreign network partners, who determine the currency conversion rate. An administration fee of 2.5% will now be added to the transaction total presented for authorization on your account. Additional fees may be charged by ATM owners as part of your transaction total.
If you’d like to get in touch or have any questions, our Help HQ team is here for you. Find their contact info by clicking the link below.
