Service fees

On This Page:

Motive Cha-Ching Chequing Account™  Motive Chequing Account Motive Savvy Savings™ Account Motive Savings Account Additional service fees and sundry charges

Motive Cha-Ching Chequing Account™ 

Monthly fee Free 
Monthly withdrawals1 included Unlimited
First 50 personalized cheques Free
THE EXCHANGE® Network ATM withdrawal fee2 Free
Non-EXCHANGE Network ATM withdrawal fee2 2 free, additional withdrawals $1.50

Motive Chequing Account

Monthly fee Free 
Monthly withdrawals1 included Unlimited
First 50 personalized cheques Free
THE EXCHANGE® Network ATM withdrawal fee2 Free
Non-EXCHANGE Network ATM withdrawal fee2 $1.50
Interac e-Transfer $1.00 

Motive Savvy Savings™ Account

Monthly fee Free 
Monthly withdrawals1 included 2 free
Additional withdrawal transactions $5.00
 Transfers between your Motive accounts Free
THE EXCHANGE® Network ATM withdrawal fee2 Free
Non-EXCHANGE Network ATM withdrawal fee2 $1.50
Interac e-Transfer $1.00 

Motive Savings Account

Monthly fee Free 
Monthly withdrawals1 included Unlimited
THE EXCHANGE® Network ATM withdrawal fee2 Free
Non-EXCHANGE Network ATM withdrawal fee2 $1.50
Interac e-Transfer $1.00 

Additional service fees and sundry charges

Items charged back $6.00
NSF cheques and loan payments $45.00
Overdraft handling - unauthorized overdrafts $5.00 minimum per item 
U.S. item deposited as Canadian item $15.00 
Bank confirmation to auditor (GST included) $25.00
Posting of non-encoded item (E.g. cleared counter cheque) $5.00
Printed monthly statement with cheque images mailed $2.00/month
Transaction history printed and faxed $1.00 per page
Transaction tracing or recall $15.00
Canadian drafts $7.50
Post-dated cheques held for deposit $3.00 per item
Cash withdrawals outside Canada (Cirrus)2 US $3.00
Sending Interac® e-Transfer  $1.00 per transfer
Receiving Interac e-Transfer Free
Placement of stop payment
Complete details
$15.00
Incomplete details $20.00
Account closure and transfers
Within 90-days of opening $15.00
RRSP plan within one year of opening $50.00 
RRSP transferred to another financial institution in full or in part $50.00
TFSA plan within one year of opening $50.00
TFSA plan transferred to another financial institution in full or in part $50.00
Balance transfer fee to another financial institution $20.00
Photocopy retrieval and tracing fees3
Item posted to account up to two years ago (Minimum charge $40.00 + $1.00 per item) $40.00/hour
Item posted to account over two years ago (Ask Motive staff for more details) Negotiable
Item deposited to account (Minimum charge $40.00 + $75.00 per item) $40.00
Inactive account charge
Two year $20.00
Five year $30.00
Nine year $40.00
Collections
Clean $20.00
Documentary $25.00
1-Withdrawals include online bill payments, Automated Teller Machine (ATM) withdrawals, Interac® Direct Purchase payments, Interac e-Transfers, electronic funds transfers to another financial institution, automatic payments and other electronic debits.
2-ATM owner may levy a transaction maintenance fee. This fee is the responsibility of the card holder.
3-Subject to surcharge from 3rd party clearing institution.