ucubiz Account Fee Table
| Account Name | Monthly Fee | Benefits |
|---|---|---|
| ucubiz Basic business account | $6.00 |
Monthly fee includes five (5) transactions per month* The monthly fee is waived if the minimum balance is $5,000 or over. After the 5 transactions included with the account fee, charges will apply**. The minimum account balance is calculated on a monthly basis, based on the lowest (minimum) account balance that was reached at the end of the business days during the month. Fees for other banking services will apply.*** |
| ucubiz Advantage business account | $27.50 |
Monthly fee includes thirty (30) transactions per month* The monthly fee is waived if the minimum balance is $50,000 or over. After the 30 transactions included with the account fee, charges will apply**. The minimum account balance is calculated on a monthly basis, based on the lowest (minimum) account balance that was reached at the end of the business days during the month. Fees for other banking services will apply.*** |
| ucubiz Premium business account | $35.00 |
Monthly fee includes sixty (60) transactions per month* The monthly fee is waived if the minimum balance is $250,000 or over. After the 60 transactions included with the account fee, charges will apply**. The minimum account balance is calculated on a monthly basis, based on the lowest (minimum) account balance that was reached at the end of the business days during the month. Fees for other banking services will apply.*** |
| ucubiz Power business account | $85.00 |
Monthly fee includes hundred fifty (150) transactions per month* After the 150 transactions included with the account fee, charges will apply**. Fees for other banking services will apply.*** |
| ucubiz Quantum business account | $175.00 |
Monthly fee includes three hundred (300) transactions per month* After the 300 transactions included with the account fee, charges will apply**. Fees for other banking services will apply.*** |
*Eligible Transaction Fee Schedule
| Transaction type | After the specified number of free in-branch transaction, the following charges will apply | |
|---|---|---|
| ucuBiz Basic, ucuBiz Advantage, ucuBiz Premium and ucuBiz Quantum business accounts | ucuBiz Virtual business accounts | |
| Deposit In-Branch | $1.00 | $2.50 |
| ATM Deposit (UCU machine) | Free | Free |
| ATM Deposit (THE EXCHANGE Network machine) | Free | Free |
| Mail or Night Deposit | $1.00 | $2.50 |
| Withdrawals In-Branch | $1.00 | $2.50 |
| Cheques | $1.25 (per cheque cleared) | $1.25 (per cheque cleared) |
| Point-of-Sale (POS) purchase on Interac or Accel Network | $0.75 | $0.75 |
| ATM Withdrawal at UCU Machine | Free | Free |
| ATM Withdrawal (THE EXCHANGE Network Machine) | $2.00 + ATM surcharge | $2.00 + ATM surcharge |
| ATM Withdrawal (other machines) | $1.00 + service provider surcharge | $1.00 + service provider surcharge |
| Bill Payment In-Branch | $2.25 | $3.25 |
| Bill payment online | Free | Free |
| Transfers Out - External | $0.75 | $0.75 |
| Transfers Out - UCU Internal | Free | Free |
| Email money transfers - outgoing | $1.50 | $1.50 |
| Email transfers - incoming | Free | Free |
| Foreign Exchange Purchase or Sale | $2.00 + exchange rate | $3.00 + exchange rate |
| Interim statement | $4.00 | $3.50 |
| Other Debits | $0.75 | $1.00 |
**Fees for other services
| Service | Fee |
|---|---|
| Coin Deposit (sorted, counted and rolled) | $1.00 / $100 deposited |
| Coin Supplied | $0.50 / $100 plus additional fee below if special order |
| Coin Special Order | $2.00 / $100 |
| Official Cheque | $10.00 |
| Certified Cheque (by account owner) | $10.00 |
| Certified Cheque (by third party) | $25.00 |
| Money Order | Standard Fee Schedule charge |
| Bank Confirmation (upon request) | $60.00 |
| Credit Rating | $40.00 |
| Interim statement | $2.50 |
| Ukrainian Credit Union Limited's standard overdraft interest rate |
18.75% (subject to change) |
New Registered Product Fee schedule effective March 1, 2024.
See the Service Charge Schedule below, or call 1-800-461-0777 to request a mailed copy.
All other fees as per UCU's current Service Charge Schedule.
Business Overdraft Protection - $25.00 application fee will apply
Commercial Term Loan, Operating Loan or Commercial Mortgage – Minimum application fees will apply, plus out of pocket fees (appraisal, legal, environmental, etc., if applicable/required)
Merchant Services – Fees as levied by the third party service provider.
