Changes to Banking Service Fees

On March 1, 2021, the following changes for account fees, digital banking and cash management
services will take effect for pricing agreements (in both Canadian and U.S. Dollar denominations).

ACCOUNTS
Select Account for business Account Maintenance Fee Minimum Monthly Balance Required for Account
Maintenance Fee Rebate1
Current Price New Price Current Minimum New Minimum
• Plan A $18 $20 $15,000 $20,000
• Plan B $35 $40 $30,000 $35,000
• Plan C $70 $75 $40,000 $45,000
• Unlimited No Change No Change $65,000 $75,000

TRANSACTION, DEPOSIT, SUNDRY AND DIGITAL BANKING FEES Current Price New Price
• Cheque $1.25 $1.50
• Item Deposited $0.22 $0.25
• Coin Deposited – sorted, counted and rolled $2.25/$100 $2.50/$100
• Drafts $7.50 $9.50
• Paper Chargeback – Special Handling Instructions $2.50 $5.00
• Non-Scotiabank ABM within Canada2 $1.50 $2.00
ELECTRONIC DAILY STATEMENT (EDS) Current Price New Price
• Prior Day & Intra Day* Per Transactions Fee
o First 7,000 $0.050 $0.063
o Next 8,000 $0.035 $0.044
o Over 15,000 $0.025 $0.031
• Outbound Reporting* Per Transaction Fee $0.14 $0.175

CCP TRANSFER FEES Current Price New Price

Plan Type A B C A B C
• Minimum Monthly Fees $55 $40 $18 $60 $45 $25
• Per BNS Transfer $2.25 $2.00 $1.75 $2.75 $2.50 $2.25
• Per Non-BNS IVR Transfer $2.75 $2.50 N/A $3.25 $3.00 N/A
• Per Non-BNS Fax Transfer $4.65 $4.40 N/A $5.15 $4.90 N/A
• Per BNS Transfer - With Serial Number $2.50 $2.25 N/A $3.00 $2.75 N/A
• Per Non-BNS IVR Transfer - With Serial Number $3.00 $2.75 N/A $3.50 $3.25 N/A
• Per Non-BNS Fax Transfer - With Serial Number $4.90 $4.65 N/A $5.40 $5.15 N/A

SAFETY DEPOSIT BOX Current Price New Price

• Small (Type A) $55 $60
• Medium (Type B) $75 $90
• Large (Type C) $125 $150

FOR MORE INFORMATION

Scotiabank is committed to providing business banking services that offer convenience, choice and value. For a complete list of fees
and other banking options, please refer to the Your Guide to Fees and Interest Schedules. For additional information or questions,
contact your Scotiabank representative.

1 Minimum monthly balance is the minimum balance that you need to maintain in your account throughout the month or your investment period to obtain the relevant benefit. 2 Account holders may still be charged a
convenience fee by the other bank and ABM operator, not by Scotiabank. * New EDS pricing is applicable to all customers onboarded with the service commencing March 1, 2021 and to all existing customers with a
standard pricing arrangement as of March 1, 2021. ® Registered trademarks of The Bank of Nova Scotia. TM Trademarks of The Bank of Nova Scotia