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Non-registered accounts
Annual Inactivity Fee1
Your account will be exempt from this fee if any of the following apply:
|
$50 |
Registered accounts
Registered Accounts (RRSP, RRIF, Locked-In Plans)
|
Annual administration fee3 - 1st plan Annual administration fee3 any additional plan with the same SIN |
$50 $25 |
| RSP de-registration (at point of request) |
$135 Full* $75 Partial* |
| RSP swap - Cash & Security (at point of request) | $35 per Security* |
| RSP swap - between two securities (at point of request) | $70 |
| Private share placement in RSP4 | $300 set up* + $150 per year* |
| RSP private placement | $250 Redemption $250 Swap |
| RIF - unscheduled withdrawal | 1 free per year $50 for each additional |
Registered Educational Savings Plans
| Annual administration fee | $50 |
| Transfer fee (full or partial) | $135* |
Mortgage Held in a SDRSP
Please note that we no longer accept SDRSP mortgages.
| Annual administration fee | $450 |
Registered and Non-Registered Accounts
Wire Transfers (at point of request)
| To other financial institutions in Canada | $35* |
| To other financial institutions in the U.S | $20USD |
| To HSBC branches outside of Canada | $25 |
| To other financial institutions outside of North America | $40 |
| To HSBC branches within Canada | $25* |
| Stop wire payment | $25* |
Handling
| Replacement of lost certificates (Canadian and U.S.) | $50 |
| Replacement of lost foreign certificates | $200 |
| Transaction amendment for same beneficial owners | $50 |
| NSF cheque | $50* |
| Stop payment | $25* |
| Estate processing | $150* |
Document Administration
| Search for records | $25 per half hour, minimum $25 |
| Confirmation slip replacement (per document) | $5 |
| Confirmation slip over 3 months old (per document) | $135 |
| Duplicate trading summary/tax slip (per document) | $5 |
| Statement replacement | $5 |
| Letter writing | $25 per letter |
Security Registration
| Canadian security registration (5 days, per certificate) | $95* |
| Rush security registration (per certificate) | $300* |
| U.S. security registration | $500USD |
| Foreign security registration | $200 |
| U.S. share ownership statement (per statement) | $50* |
Transfer Out (at point of request)
| Account transfer out - full | $135* |
| Partial transfer out | $135* |
Special Services
| American Depositary Receipt (ADR) fee - banks that custody ADRs charge fees on a per share basis, which may vary by individual ADRs and are passed through to ADR investors. |
Other fees apply. Please speak to a client service representative for more details. Fees charged in currency of account unless otherwise specified. All fees listed are as of November 30, 2009.
*Select fees effective December 1, 2010.
Taxes such as GST/HST or Provincial Sales Tax may be applicable on certain charges.
1 Charged annually (on or around December 15 each year) on your non-registered investment accounts with market balances less than $5,000.
2 Commissionable trades are: Buys and sells of Equities, Options, Mutual Funds with fees (excludes MERs), Fixed Income – Bonds, Treasury Bills, Bankers’ Acceptances, Bearer Deposit Notes, Commercial Paper and Crown Corporation Money Market Instruments. Buys and sells of GICs, Term Deposits, Canada Savings Bonds, Money Market Mutual Funds and Provincial Savings Bonds are not considered commissionable trades.
3 Fee only applies to accounts with balances under $15,000 CDN as at May 31. This fee will be debited from registered accounts in June.
4 Transactions subject to acceptance by HSBC InvestDirect.
1 HSBC InvestDirect is a division of HSBC Securities (Canada) Inc.
2 HSBC Premier eligibility requires you to have an active Premier chequing account and maintain a $100,000 balance in combined personal deposits and investments with HSBC Bank Canada and its subsidiaries. Monthly banking package fees may apply.
3 Available on online equity trades on North American markets. Subject to conditions. For more information on HSBC InvestDirect rates, visit www.investdirect.hsbc.ca.
4 International Equity trades made online, excluding Hong Kong, and all international trades placed on the phone qualify for the International Equities trade discount. Subject to minimum commission.
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Order Processing | Member - Canadian Investor Protection Fund | Contact HSBC InvestDirect
