IMPORTANT FOOTNOTES:

The Choice Business Checking is only offered to customers with a Lending, Investment, and/or Insurance Product.
All safe deposit box rental fees must be paid in advance for the entire year, on an annual basis.
In addition to the International Finance Bank (IFB) charge of $25.00 for this collection unpaid item, there may be other fees incurred which may be assessed to the customer due to the Payee Bank’s related charges for this item (when applicable).
An insufficient funds item may be created by check, an in-person withdrawal, ATM Withdrawal, ACH, or by any other electronic means. If this occurs, a non-sufficient funds (NSF) fee or an uncollected (UNC) fee may apply to all of your accounts with us except certificates of deposit. (Refer to footnote 5 for more details.)
17.50% annualized rate on the total negative balance per business days, including, but not limited to, any NSF (Non-Sufficient Funds) and UNC (Uncollected Funds) fees incurred. We will assess the overdraft interest charge per statement cycle.
Initial Account Processing Fee applies to foreign individuals and foreign entities.
International Finance Bank reimburses up to five ATM fees at the end of each statement cycle. The ATM fee reimbursement is for every ATM worldwide. International Finance Bank will not reimburse any currency exchange fee you might incur at any ATM. Starting on the 6th transaction, IFB will not reimburse any ATM fees.
Minimum daily balance to avoid statement cycle service charge and earn interest on applicable interest-bearing accounts. Also applies to accounts opened for a period less than a full statement cycle and the balance falls below minimum for any day.
For Money Market and Savings Accounts, transactions are limited to six (6) withdrawals or transfers (or combination of 6 transfers and withdrawals) per each statement cycle to another of your account(s), or to third parties when these transfers are made-by means of preauthorized, automatic transfer, or telephone/Electronic transfer, or by check, draft, debit card, or similar order. A fee of $15 will be charged for each transaction exceeding the limit of six transactions per statement cycle. The fee is applied for each excessive transaction beyond the stipulated amount.
An excess item fee of $.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) more than 50 during a statement cycle.
An Early Account Closing fee of $25 will be assessed if the account holder chooses to close their accounts within the first six (6) months of its opening. This applies to all IFB accounts.

Other Fees
⁽⁶⁾ Initial Account Processing Fee- – applies to Foreign Based Business Entities (One Time Fee)		$750.00
⁽⁶⁾ Initial Account Processing Fee- – applies to Foreign Based Personal Entities (One Time Fee)		$300.00
Mailing Fee		$5.00
⁽⁹⁾ Excess Transaction Fee-for Savings and Money Market Accounts (exceeding 6 transactions per statement cycle)		$15.00
Internal TRF (Transfer) Fee		$5.00
Cashier’s Check Fee		$15.00
Cashier’s Check Non-Customer Exchange Fee		$25.00
Copy Fee- at a bank location (per page)		$2.00
Research Fee (per hour –within 2 years)		$25.00
Research Fee (per hour – over 2 years)		$50.00
Statement Printout Fee (per statement)		$5.00
Audit Confirmation Fee (Domestic Account)		$50.00
Account Activity Image Fee (per image)		$5.00
Return Item Fee		$15.00
Dormant Account Fee (monthly fee- after 12 months of the account being inactive)		$25.00
Notary Service Fee (per request)		$15.00
Return Mail Fee		$15.00
Stop Payment Fee (per item and valid for 6 months)		$35.00
⁽⁸⁾ Business Checking Excess Transaction Fee (per statement cycle- if applicable)		$0.15 per each debit transaction in excess of 50
Legal Processing Fee (Garnishments, Levies, Notice of Freeze)		$150.00
Non-Customer Check Cashing Fee		$5.00

Domestic Deposit Accounts – Service Charge
e-Checking	Maintenance fee: $10.00 per monthly statement cycle, if the balance falls below $500.00
Basic Checking	Maintenance fee: $15.00 per monthly statement cycle, if the balance falls below $500.00
Now Account	Maintenance fee: $20.00 per monthly statement cycle, if the balance falls below $2,500.00
Choice Personal Checking	Maintenance fee: None – only offered to customers that have an (1) established extension of credit at IFB
IFB Senior Citizen Checking	Maintenance fee: None
Personal Money Market Tiered	Maintenance fee: $18.00 per monthly statement cycle, if the balance falls below $2,500.00
Personal Savings	Maintenance fee: $18.00 per monthly statement cycle, if the balance falls below $500.00
Child Flutma Savings	Maintenance fee: $12.00 per monthly statement cycle, if the balance falls below $500.00
Business Checking	Maintenance fee: $15.00 per monthly statement cycle, if the balance falls below $2,500.00
Business Money Market Tiered	Maintenance fee: $18.00 per monthly statement cycle, if the balance falls below $5,000.00
Choice Business Checking	Maintenance fee: None – only offered to customers that have an (1) established extension of credit at IFB
Business Interest Checking	Maintenance fee: $15.00 per monthly statement cycle, if the balance falls below $5,000.00
International Deposit Accounts – Service Charge
e-Checking (I)	Maintenance fee: $45.00 per monthly statement cycle, if the balance falls below $25,000.00
Basic Checking (I)	Maintenance fee: $55.00 per monthly statement cycle, if the balance falls below $25,000.00
Now Account (I)	Maintenance fee: $55.00 per monthly statement cycle, if the balance falls below $25,000.00
Choice Personal Checking (I)	Maintenance fee: None – only offered to customers that have an (1) established extension of credit at IFB
Personal Money Market (I)	Maintenance fee: $55.00 per monthly statement cycle, if the balance falls below $50,000.00
Personal Savings (I)	Maintenance fee: $55.00 per monthly statement cycle, if the balance falls below $50,000.00
Business Checking (I)	Maintenance fee: $60.00 per monthly statement cycle, if the balance falls below $50,000.00
Business Money Market Tiered (I)	Maintenance fee: $60.00 per monthly statement cycle, if the balance falls below $50,000.00
Business Interest Checking (I)	Maintenance fee: $60.00 per monthly statement cycle, if the balance falls below $50,000.00

Automatic Teller Machine (ATM) / Debit Card Related Fees
IFB Customer ATM Fee- IFB transactional accounts include five (5) fee free external ATM transactions per month.		$0.00
C/B(Cross Border) Fee		.90% of total transaction amount
Currency Conversion Fee (standard)		.20%
Replacement Debit Card Fee (standard)		$15.00
International Replacement Debit Card Fee		$25.00
Rush Replacement Debit Card Fee		$125.00
Safe Deposit Boxes Related Fees
Sizes (in inches) and Fees
⁽²⁾3 x 5		$35.00
⁽²⁾3 x 10		$80.00
⁽²⁾5 x 10		$100.00
⁽²⁾10 x 10		$200.00
Key Deposit Fee		$30.00
Late payment Fee		$25.00
Drilling Fee		$275.00
Drilling Appointment Cancellation Fee		$150.00
Delivery Shipping Related Fees
Regular Mail Fee (by US post office within the US)		$3.00
Domestic Courier Shipping Fee		$40.00
International Courier Shipping Fee		$75.00

Collection Fees – Incoming & Outgoing (International & Domestic Customers)
Clean Collection Fee (per item)		$50.00
Wire Transfer Fees
Incoming Wire Fee (Incoming Wire Transfer Fee)		$10.00
Outgoing International Online Wires – Personal Online Wire		$45.00
Outgoing International Online Wires – Business Online Wire		$45.00
Outgoing Domestic Online Wires – Personal Online Wire		$25.00
Outgoing Domestic Online Wires – Business Online Wire		$35.00
Manual Wire Fee (International)		$80.00
Manual Wire Fee (Domestic)		$50.00
Wire Transfer Investigation Fee (per research request)		$10.00
Wire Transfer Trace Fee (per request)		$20.00
Wire Conf Fee (Wire Transfer Confirmation Fee)- per confirmation		$20.00
Overdraft/Uncollected Related Fees
NSF (Non-Sufficient Funds) Fee		$35.00⁽⁴⁾
Overdraft Interest Fee		17.50% for the amount overdrawn per business day⁽⁵⁾
UNC- (Uncollected Funds) Fee		$25.00⁽⁴⁾

Schedule Of Fees & Service Charges

IMPORTANT FOOTNOTES:

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