Canada NSF fees by bank
These amounts are copied from each bank's own fee page. The pages were opened on 16 October 2026. A bank that is not in the table was left out. FCAC's $10 limit for a federally regulated personal deposit account is a separate rule. The table still uses the number each bank prints.
Last checked: Oct 2026
What the pages print
NSF means there was not enough money for a cheque or another payment, and the bank returned it. NSF fees on a Canadian bank account explains the FCAC limits: not more than $10 on a personal deposit account at a federally regulated bank or credit union, not more than once in 2 business days, and not when the overdraft is less than $10. Those limits came into force on 12 March 2026. Business accounts are outside that cap. The rows below are still the bank's own page.
| Account | Fee the page prints | What the same page also says |
|---|---|---|
| RBC, additional account services | $10.00 | Non-sufficient funds, each. From 6 March 2026, RBC says it will not charge the fee more than once in two business days on the same account, or if the item would overdraw the account by less than $10. A U.S. dollar account is charged in U.S. dollars at the $10.00 Canadian equivalent, using RBC's exchange rate. |
| TD Canada Trust, five Canadian dollar chequing accounts | $10 | All-Inclusive Banking Plan, Unlimited Chequing, Every Day Chequing, Minimum Chequing, and Student Chequing. The fee applies if a cheque or payment is higher than the available balance. TD's page says an NSF fee is charged each time the item is presented. The text that loaded does not print a once-in-two-days rule, so this row does not add one. |
| Scotiabank, cheque and payment processing | $10.00 | Cheque or other debit item returned for insufficient funds. That line on the fees at a glance page does not name one account, and it does not print a second NSF amount. |
| BMO Everyday Bank Accounts | C$10.00 | Canadian dollar accounts. U.S. dollar accounts are US$5.00. The footnote says this change applies to Everyday Bank Accounts only. No fee if the returned cheque or pre-authorized debit would leave an unauthorized overdraft of less than $10.00. If more than one item is returned on the same account on the same business day, only one fee is charged, and not more than once in two business days. |
| CIBC personal deposit accounts | $10.00 | Canadian dollar personal deposit accounts, each time a payment item is presented or represented. U.S. dollar personal deposit accounts are $5.00 U.S. Personal line of credit accounts are $45.00. Not more than once in two business days on the same deposit account, and not if the account is overdrawn by less than $10.00. The fee guide is dated 12 March 2026. |
What this page does not say
National Bank, Desjardins, Tangerine, Simplii, and the provincial credit unions are not in the table. Their NSF pages were not opened for this check. A provincial credit union that is not federally regulated follows its own regulator. How fees show on a Canadian statement keeps this line apart from the monthly plan fee.
Asking the bank to remove a fee already charged is a request. The bank can say no.
Questions
- Is every NSF fee in this table $10?
- The Canadian dollar personal deposit rows opened on 16 October 2026 print $10 or $10.00. BMO prints US$5.00 for a U.S. dollar account. CIBC prints $5.00 U.S. for a U.S. dollar personal deposit account, and $45.00 for a personal line of credit.
- Does TD's $10 row include every TD account?
- No. The fees page prints $10 on the five Canadian dollar chequing accounts named in the table. This page does not copy a U.S. dollar figure, because that tab was not the one used.
- Why is the FCAC cap not the only number?
- FCAC states the limit for a federally regulated personal deposit account. Each row is still the number that bank prints, including a line of credit fee that is outside the deposit account cap.
- Which banks were left out?
- Any bank whose official fee page was not opened. National Bank and Desjardins are examples. No number is filled in for them.
Sources
Related guides
Free is $0 USD. The PDF stays on your device.