WASHINGTON TRUST

BUSINESS FEE SCHEDULE

September 2023

Account Services

Account Research (1/2-hour minimum)

Collection – Item:

·        Canadian Checks

$25 per hour

 

$9+ expenses

Copy of Statement

$6

Escheatment Fee:

A fee is assessed for the servicing of accounts that qualify for escheatment. An account qualifies for escheatment when it has been inactive for the period of time specified under state law to be considered abandoned.

$50

 

 

Inactivity Fee:

A fee is assessed for the servicing of accounts that qualify for escheatment. An account qualifies for escheatment when it has been inactive for the period of time specified under state law to be considered abandoned.

·        Balance at the time of fee assessment is less than $500

And

·        No deposits or withdrawals are made to the account during the period of May 31st of the prior year to June 1st of the current year.

 

Fee is assessed no later than June 30th each year.

$20

 

 

 

 

 

 

 

 

Individual Retirement Account transfer to another Institution

$25

Stop Payments

$30

Undeliverable Statement

$5

 

 

Insufficient Funds

Overdraft Fee Schedule:

 

Fee applies to insufficient funds and uncollected items created by the payment of checks, or other electronic withdrawals such as Automated Clearing House (ACH) payments and Debit & ATM Card transactions presented for the payment, withdrawal, or transfer of funds from account.

Overdraft fee per Debit Card transaction

$20

Overdraft fee per other transaction types

$35

These fees will be shown in transaction descriptions as one of the following:

• Overdraft Paid Item

• Overdraft – Uncollected Paid Item

 

Fee descriptions may be abbreviated. The total dollar amount of the above fees will also appear on your statement in the Summary of Overdraft Fees "Total Overdraft Fees" for the period and year-to-date.

Returned Deposited Check Fee

$15

 

Debit Cards & ATM’s

Expedited Debit Card

$50

Lost Debit or ATM Card Replacement Fee

$10

ATM balance inquiry at non-WTC ATMs

(Waived for Freedom Ultra, Plus, & Student Account)

$2

ATM cash withdrawal at non-WTC ATMs

(Waived for Freedom Ultra, Plus, & Student Account)

$2

 

Safe Deposit Boxes

Annual Box Rental Fee (Contents of safe deposit boxes are not FDIC or Bank insured)

$50 – $300

Drilling Fee

$175

Lost Key Replacement Fee

$20

 

Wire Transfers

Incoming:

 

·        Domestic

$15

·        Foreign

$15

Outgoing:

 

·        Domestic

$25

·        Foreign

$40*

*May receive less due to fees charged

by the beneficiary’s bank and foreign taxes.

Domestic Telephone Wire (No PIN)

$100

 

Online & Mobile Banking

Bill Payment:

·        Expedited Electronic Payment

$10

·        Overnight Check Payment

$30

·        Stop Payment (For payments issued via our Bill Payment Service)

$35

 

Miscellaneous

Cashier's Checks

$8

Money Orders

$5

Legal Fees (Garnishments, executions, levies)

$125

Medallion Signature Guarantee

$25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fees apply to all accounts unless otherwise noted.

Business Fee Schedule Effective 09.2023 Member FDIC