Deadlines may vary before a Bermuda holiday. Please watch for Butterfield Direct announcements and contact the Bank for specific details.

All times are local Bermuda time (GMT - 4).

All fees quoted in BMD.

Please ensure that there are sufficient funds in your account one (1) business day (before 3:00 p.m.) prior to executing all transactions.

Transaction Type	Currency	Daily Cut Off Time*	Transaction Fee ($BMD)	Recurring/Future-Dated Fee ($BMD)	Important Notes
Draft & Managers Cheques funded from Mutual Funds	ALL	12 Noon	6.00*	2.00	Drafts & Mgr cheques performed after the cut off time* will not be processed until the next Business day. (Subject to Volume)
Drafts and Managers Cheques funded from Call, Checking and Savings Accounts	ALL	Corporate:           Mon-Fri                        2.30pm Sml Business / Personal:            Mon-Thu                             1.30pm                      Fri–2.30pm	6.00*	2.00	Drafts & Mgr cheques performed after the cut off time* will not be processed until the next Business day. (Subject to Volume)
Transfer Funds	ALL	3:00 p.m.	0.00	0.50	Transactions performed after the cut off time (3:00 PM) will not be processed until the next Business day.
Bulk Payments	ALL	3:00 p.m.	0.25	0.50	Transactions performed after the cut off time (3:00 PM) will not be processed until the next Business day.
Third Party Payments	ALL	3:00 p.m.	0.25	0.50	Transactions performed after the cut off time (3:00 PM) will not be processed until the next Business day.
EDI Payments	ALL	3:00 p.m.	0.15	n/a	Transactions performed after the cut off time (3:00 PM) will not be processed until the next Business day.
Bill & Credit Card Payments	ALL	3:00 p.m.	0.00	0.50	Bill payments to a Bermuda Merchant or a payment to a  BNTB Credit Card performed after the cut off time (3:00 PM) will not be processed until the next Business day.
Wires (IMT)	CAD	11:30 a.m.	30.00	2.00	Transactions performed before 11.30 AM will be processed with value on the same day. Transactions performed after the cut off time (11.30 AM) will not be processed until the next business day.
Wires (IMT)	USD	12:30 p.m.	35.00	2.00	Transactions performed before 12:30 PM will be processed with value on the same day. Transactions performed after the cut off time (12:30 PM) will not be processed until the next business day.
Wires (IMT)	GBP	3:00 p.m.	30.00	2.00	Transactions performed before 3:00 PM will be processed with value on the next business day. Transactions performed after the cut off time (3:00 PM) will not be processed until the next business day plus 1 day.
Wires (IMT)	EUR	3:00 p.m.	30.00	2.00	Transactions performed before 3:00 PM will be processed with value on the next business day. Transactions performed after the cut off time (3:00 PM) will not be processed until the next business day plus 1 day.
Wires (IMT)	Other	3:00 p.m.	30.00	2.00	Transactions performed before 3:00 PM will be processed with value on the next 2 business days. Transactions performed after the cut off time (3:00 PM) will not be processed until the next business day plus 2 days.
Local Bank Wires	BMD	11:00 a.m.	10.00	2.00	Transactions performed before 11:00 AM will be processed with value on the same day. Transactions performed after the cut off time (11:00 AM) will not be processed until the next business day.
Local Bank Wires	USD/CAD	11:00 a.m.	10.00	2.00	Transactions performed before 11:00 AM will be processed with value on the same day. Transactions performed after the cut off time (11:00 AM) will not be processed until the next business day.
Local Bank Wires	GBP	11:00 a.m.	10.00	2.00	Transactions performed before 11:00 AM will be processed with value on the next business day. Transactions performed after the cut off time (11:00 AM) will not be processed until the next business day plus 1 day.
Money Market	USD	12:00 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time 12:00 PM (noon) will not be processed until the next business day.
Money Market	CAD	12:00 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time 12:00 PM (noon) will not be processed until the next business day.
Money Market	GBP	12:00 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time 12:00 PM (noon) will not be processed until the next business day plus 1 day.
Money Market	EUR	12:00 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time 12:00 PM (noon) will not be processed until the next business day plus 1 day.
Butterfield Liquid Reserve	USD	Wednesday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Wednesday 5:00 PM  will not be processed until Thursday of the following week.
Butterfield Capital Appreciation	USD	Wednesday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Wednesday 5:00 PM will not be processed until Thursday of the following week.
Butterfield US Dollar Bond Fund	USD	Wednesday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Wednesday 5:00 PM will not be processed until Thursday of the following week.
Butterfield Bermuda Fund	BMD	Wednesday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Wednesday 5:00 PM will not be processed until Thursday of the following week.
Butterfield Select Fund Equity Class	USD	Thursday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Thursday 5:00 PM will not be processed until Friday of the following week.
Butterfield Select Fund Fixed Income Class	USD	Thursday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Thursday 5:00 PM will not be processed until Friday of the following week.
Butterfield Select Alternative Investment Class	USD	Thursday 5 p.m.	see transaction type	see transaction type	Transactions performed after the cut off time of Thursday 5:00 PM will not be processed until Friday of the following week.