Barbados Personal Schedule of Service Fees & Account Charges (09/2021)

Lending Services

Term Management Fee 1% of amount, min. $300.00 Refinance Fee (for loans 1% of loan amount, min. $300.00 + refinanced under 1 year only) an additional $100.00 RBC Online Banking – Stay up to date. To find out more about our Personal Schedule Late Payment Fee 5% of Principal and Interest in Barbados arrears after 10 days , Check balances, schedule bill payments, or any other information not listed in min. $50.00 view your transaction history and track this brochure: Personal Waiver of Installment Interest cost (for period of waiver) your spending 24/7. + $40.00 Schedule of Partial prepayment Annual lump sum allowed: 20% of > Visit your nearest RBC Royal Bank Branch original principal amt. 3 months RBC Mobile app – Bank on the go. interest of current loan balance Service Fees and Pay a bill, check balances, send money, > Visit www.rbc.com/caribbean Full prepayment 3 months interest of current loan deposit a cheque and more – all from balance Account Charges your mobile phone. Residential Mortgages Negotiation Fee 0.50% of loan amount, min. $300.00 Effective January 29, 2021 0.75% of loan amount, min. $300.00 (Construction mortgages) Commitment Fee 1% of the undrawn portion of a mortgage after 120 days, pro-rated Refinancing Fee 0.5% min. $300.00 Late Payment Fees 5% of Principal and Interest in Disclaimer arrears after 10 days grace period, min. $100.00 in the currency of the The content of this publication is for the general facility guidance and benefit of our clients. While efforts Prepayment/ Annual lump sum allowed – 20% of are made to ensure the accuracy and completeness Early Liquidation Fees principal amount. Any partial repayment in excess of the annual of the information at the time of publication, errors lump sum or full prepayment – 6 and omissions may occur. You should not act or month’s interest rely on the information herein without seeking the Protection/Personal advice of a professional. RBC Royal Bank (Barbados) Setup 1% of approved limit, min. $150.00 Limited and its affiliates specifically disclaim any Annual Review 0.50% of approved limit, liability which is incurred as a consequence, directly min. $150.00 or indirectly, of the use and application of any of Temporary Accommodation Fee 1% of loan amount, min. $300.00 the contents of this publication. RBC Royal Bank Personal Line of Credit (Barbados) Limited reserves the right to amend the Setup 1% of approved limit terms and conditions stated in this publication. Annual Review 0.50% of approved limit Temporary Accommodation Fee 1% of increased limit

Letters/ Other Statement letters $45.00 *Trademarks/registered trademarks of Visa and MasterCard Settlement letters $100.00 International Incorporated. Used under licence. Credit Reference letters $30.00 + VAT ®/™ Trademark(s) of . Used under licence. Credit Bureau Report Fee $20.00

Note: All fees are in the currency of the facility unless otherwise stated. RBC Royal Bank Barbados Personal Schedule of Service Fees and Account Charges

Banking Accounts Age-Based Accounts cont’d General Deposit-related /Sundry Fees cont’d Digital Banking (Online & Mobile Banking)

RBC Day to Day Banking RBC Sixty Bulk Cash Solutions Personal Account Monthly fee $15.00 Monthly fee FREE Large Cash Handling - deposits (OTC) 0.55% of amount Monthly Fee FREE In branch transactions Free Items Unlimited FREE In-branch/ ≥ $10,000 Electronic Statements (e-Statements) FREE (including credits & transfers) $6.00 cheques RBC ATM Large Cash Handling - withdrawal (OTC) 0.5% (if OTC cash is Per cheque debit item $3.50 Paper statements FREE ≥ $7,500) Coin Order 1% of value (min. $10.00) Free Items 5 FREE cheques eStatements FREE Paper statements FREE Coin Exchange/Deposit for items > $50.00 1% of value Coin Exchange/Deposit for items < $50.00 No fee Card Services RBC No Limit Banking Monthly fee $35.00 Credit Cards Annual Fees Free Items Unlimited FREE In-branch/ Fixed Term Deposits cheques/RBC ATM Depository Services Visa Classic Paper statements FREE Applicant / Co-applicant $25.00 / $10.00 Contact us for current rates and terms. Safe Deposit Boxes RBC VIP Banking Min. penalty $30.00 Small $110.00 Visa Gold Monthly fee $60.00 Medium $135.00 Applicant / Co-applicant $90.00 / $45.00 Free Items Unlimited FREE In-branch/ Large $160.00 Visa Corporate Expense cheques/RBC ATM Extra Large $220.00 – $400.00 Applicant / Co-applicant $100.00 / $50.00 Paper statements FREE General Deposit-related /Sundry Fees RBC Rewards Visa Platinum Applicant / Co-applicant $300.00 / $150.00 Account Closures Cash Management and Payment Services Closed within 90 days of opening $35.00 Additional fees Savings Accounts Auditor’s Bank Confirmations/Letters to Consulates Drafts Over limit fee $50.00 Letters to Consulates $20.00 + VAT Bank Drafts and Mail Transfers Late Payment fee $50.00 RBC Day to Day Savings Certification of Account Balances $20.00 + VAT Local $13.00 + stamp duty Dishonoured Payment fee $60.00 Monthly fee $5.00 Reports to Approved Credit Bureau $30.00 + VAT Foreign < $25,000 $25.00 + stamp duty and Replacement card fee $35.00 In branch transactions (including Foreign Exchange Fee fee - RBC ATM 3%, min. $10.00 credits & transfers) $6.00 Cheque Books Foreign ≥ $25,000 $35.00 + stamp duty and Cash advance fee - Non RBC ATM 3% min. USD 5.00 + Free Items Unlimited FREE RBC ATM Scenic Cheques Scenic Cheques Duplicate Foreign Exchange Fee BBD 5.00 25 - $25.00 25 - $30.00 Paper statements $3.00 Foreign Currency Cheque Rush Card Fee $40.00 50 - $35.00 50 - $40.00 eStatements FREE Negotiation fee 6 units of currency of cheque Interest Rate 22%-26.5%* 100 - $50.00 100 - $60.0 *interest rate varies by product Standing Order Payments RBC Enhanced Savings 150 - $65.00 150 - $80.0 Paper statements $3.00 Set-up of standing orders $27.00 Monthly fee $5.00 200 - $80.00 200 - $100.00 eStatements FREE Standing order $17.00 In branch transactions (including Dishonoured Cheques (N.S.F.) Amendment fee $12.00 credits & transfers) $6.00 Cheques dishonoured, including Free Items Unlimited FREE RBC ATM direct debit $50.00 per cheque or debit Paper statements $3.00 eStatements FREE Stop Payments Wire Transfers Card Local Cheques $20.00 Foreign Cheques $25.00, Bond of Indemnity + $25.00 Incoming Wire Transfers New cards (issued to first time users) FREE stamp duty Credit an account at RBC $10.00 RBC ATM Withdrawal (in-country) FREE Credit an account at another Bank $15.00 via RTGS Age-Based Accounts Return cheques (on issuer) $25.00 - $50.00 Other Bank ATM Withdrawal (in-country) $4.00 + 0.50% Return cheques (on depositor) $25.00 Outgoing Wire Transfers Branch Online Manual "Branch" Cash Withdrawal (in-country) $4.00 + 0.50% To the Caribbean/Americas $85.00 $60.00 RBC Leo's Young Savers Search for Vouchers Any Bank ATM Withdrawal (out-of-country) $3.00 + 2.50% To the rest of the world $85.00 $75.00 Monthly fee FREE Photocopy charge + stated charge as below based on period Manual "Branch" Cash Withdrawal (out-of-country) $4.00 + 2.50% Within 30 days of last statement $5.00 Foreign currency purchases and Payments: In branch transactions (including transfers) FREE POS Transaction approved (in-country) FREE Free Items Unlimited FREE RBC ATM ≥ 30 days < 1 year $10.00/month within current year Wires, cash and drafts $2.00 ≥ 1 year < 2 years $50.00 per voucher POS Transaction approved (out-of-country) $0.00 + 2.50% Paper statements FREE The amount listed on the right reflects the fee for initiating the transfer using ≥ 2 years < 3 years $75.00 per voucher Other Bank ATM Transaction declined (in-country) $1.25 eStatements FREE digital banking. These fees may be subject to a beneficiary charge if ≥ 3 years $125.00 for each year applicable. Clients have the option to pay the additional beneficiary charge, ATM or POS Transaction declined (out-of-country) $1.25 RBC Student Banking Bank Statements which is the Foreign Banks’ fee for effecting the payment. International Banks Other Bank Balance Enquiry (in-country) $1.25 reserve the right to adhere/not adhere to this request and additional Monthly fee $5.00 Paper Statements $1.50 Other Bank Balance Enquiry (out-of-country) $1.25 In branch transactions (including beneficiary charges may still be deducted. When the Foreign Bank Charge is Interim/Duplicate Statements $25.00 Replacement Card (Lost, stolen, broken) $20.00 credits & transfers) $2.50 paid upon remitting the wire, this charge is applicable to our Correspondent Screen Print (OTC) $10.00 Bank ONLY. Please speak with your branch for further details. Per cheque debit item $3.50 Request to Hold Statements $25.00 per month Free Items Unlimited FREE RBC ATM; Foreign currencies are sold at the applicable foreign exchange selling rate 5 FREE cheques Dormant Account Charges plus wire/telephone fees and Government stamp tax. Paper statements FREE All accounts with no client-initiated entries over one year for which Wire Transfers - Other there is no response to notices sent: $10.00 per notice/year. Wire Transfer Investigation Fee: Amendments, Recalls, Returns,Trace $60.00

BBD = Barbadian Dollars. USD = US dollars. For details of our other charges, please contact your Account Executive or our Client Service Department. Publication of December 14, 2020. RBC Royal Bank maintains the right to be able to adapt their charges to conform to market circumstances. These charges are exclusive of Value Added Tax, Stamp Duty and the Foreign Exchange Fee. ®/™ Trademark(s) of Royal Bank of Canada. Used under licence.