Minimum custody service fee
The custody service fee is subject to a minimum monthly fee of
- $20 if you have chosen to have a Macquarie Bank CMA as your FIIG funding account; or
- $30 if you don’t have a Macquarie Bank CMA as your FIIG funding account.
$60 - A dishonour fee of $60 may be charged if insufficient funds are available at the time FIIG seek to charge the Custody and Service fee.
In specie transfer fee
Maximum $300 - An in specie transfer fee may be payable should you transfer existing securities between FIIG and another custodian. This fee will vary according to the complexity of the transfer and will be agreed with you prior to the transfer occurring. However, the fee will not exceed $300 per series of security transferred.
All the fees described above are inclusive of GST and will be direct debited from your FIIG Funding Account.