Commissions & Fees
At RF Bank & Trust, we know that strong relationships start with honesty. As your local financial partner, we’re committed to giving you complete clarity on every fee and commission—no surprises, no hidden costs. You’ll always know what you’re paying and why, so you can invest with confidence.
Honest
Transparent
Fair
Competitive
Fee Schedule
Effective January 1, 2026
| Wire Transfers | $15.00 First Caribbean, RBC or Fidelity |
| $50.00 All other banks | |
| Central Bank Request to Purchase Foreign Currency | 0.5% $50 min |
| USD Draft | $50.00 |
| BSD Draft | $25.00 |
| Cheques | $50.00 Same Day |
| $25.00 Next business day | |
| $10.00 3rd Business Day | |
| External Cheque Courier Services | $25.00 Delivery/Deposit |
| Returned Cheques | $50.00 |
| Re-registration of securities | $100.00 First two, $50 thereafter |
| Late Payment (past settlement) | $35.00 |
| Signature Guarantee | $35.00 |
| Reference (Credit) Letter | $35.00 |
| Internal Security Transfers | $35.00 |
| Margin Facility Fee ($200 min) | 1% of Margin |
| Overdraft Interest ($10 min) | BSD Prime + 8.75% |
| Query Trace Fee | $35.00 per hour |
| Audit Confirmation | $100.00 First two, $50 thereafter |
| Zero Fee Brokerage Account | $0 |
| Advantage Brokerage Account | $250.00 |
| Advantage PLUS Brokerage Account | $500.00 |
| Pledge of Securities ($200min) | 0.05% (Value of Portfolio) |
| Share Transfers ($200min) | 0.05% (Transaction Amount) |
| Internal Share Transfers ($100min) | 0.01% (Transaction Amount) |
| Shares | $0.10 per share Zero Fee Brokerage Account ($75 min) |
| $0.06 per share Advantage Brokerage Account ($65 min) | |
| $0.05 per share Advantage + Brokerage Account ($55 min) | |
| Bonds ($100 min) | 1.25% Zero Fee Brokerage Account |
| 1.00% Advantage Brokerage Account | |
| 0.75% Advantage + Brokerage Account | |
| Retail Trades ($100 min) | $0.12 per share Shares |
| 1.25% Bonds | |
| Private Placement Subscription Fees | 0.50% Advantage Brokerage Account ($100 min) |
| 0.25% Advantage + Brokerage Account ($50 min) |
| Engagement Fee | $25,000.00 |
| Advisory and Placement Fees | Negotiated + % of funds raised |
| B$ Funds | 1% Prime Income Funds |
| 1.25% Secure Balanced Funds | |
| 2% Targeted Equity Funds | |
| 1% High Yield Income Fund | |
| 2% Alt. Strategies Fund | |
| 2% Int'l Equity Sub Fund | |
| Redemption Fee ($50 min) | 0-35 months: 1% of redemption value. Thereafter: $50 flat fee |
| USD Funds | 2% International Opportunities |
| 1.5% Global Balanced Fund | |
| 1% Targeted Income Fund | |
| 2% Hedge Fund | |
| Redemption Fee ($50 min) | 0-35 months: 1% of redemption value. Thereafter: $50 flat fee |
| Front End Sales Fee | Up to 5% of initial investment (optional) |
| General Services | |
| Emergency Requests | 1% + DSC Declining Surrender Charge (DSC) based on redemption value. Subject to $50 minimum. |
| General Services | Min. annual fee of $5,000. Subject to AUM. Negotiable based on asset size/type. |
| Asset Management | 0.50- 1% Based on asset type |
| Maintenance Fee (Core) | $125.00 per month |
| Maintenance Fee (Premier) | $100.00 per month |
| ASSET MANAGEMENT FEE (PREMIER) | 0.75% $500k - $4.99m |
| 0.5% $5m - $9.99m | |
| Negotiable $10m and higher | |
| ASSET MANAGEMENT FEE (CORE) | 0.85% $500k - $4.99m |
| 0.55% $5m - $9.99m | |
| Negotiable $10m and higher |
| General Services | |
| Reference (Credit) Letter | $35.00 |
| Group Pension Plans | |
| Annual Administrative Fee | < $5m: 1%, > $5m: 0.50% |
| Withdrawal Fee ($50 min) | 0-35 months: 1% value Thereafter: $50 flat fee |
| Personal Pension Plans | |
| Annual Administrative Fee | $120.00 |
| Administrative Fee (Existing Clients) | $50.00 |
| Withdrawal Fee ($50 min) | 0-35 months: 1% of value, Thereafter: $50 flat fee |
| Termination Fee ($50 min) | 0-35 months: 1% of value, Thereafter: $50 flat fee |
| Personal Retirement Account | |
| Annual Administrative Fee | $250.00 |
| Annual Withdrawal Fees | Monthly - $250.00 |
| Quarterly - $100.00 | |
| Semi-annual - $100.00 | |
| Annual - $0 | |
| Ad hoc - $55.00/ea |
| Trust Services | |
| Trust Formation/Establishment | $1000.00 |
| Annual Trust Administration Fees | |
| $0-$10 Million | 0.50% of AUA Subject to a min of $3,000 |
| $10 Million+ | 0.25% of AUA |
| Distribution Fee | 2% fee based on the value of the asset or the amount of the distribution being made |
| Preparation of Audited Annual Financial Statements (minimum) | $200.00 |
| Sale or Purchase of Real Estate | A fee not exceeding 2% of the market value |
| Trust Termination Fee | $1,500.00 |
| Insurance Company Trust Administration Fee | $3,000.00 Trusts where the assets are held in fixed deposit and there is no underlying company Annual Trust |
| Annual Account Fees | |
| Annual Administrative Fee | $100.00 |
| Administrative Fee (Existing Client) | $50.00 |
| Withdrawal Fee | 0-35 months: 1% of value. Thereafter: $50 flat fee |
| Transfer of EIA Benefit (to Non-RF Account) | $0.05/unit ($50 min) |
| Termination Fee | 2% 0-24 months |
| 1.5% 25-36 months | |
| 1% of value. Thereafter: $50 flat fee 36+ months |
All fees may be subject to an additional 10% VAT. Fees may change at the discretion of RF Bank & Trust Limited given reasonable notice.
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RF BANK & TRUST — BAHAMAS
