Eight months af­ter it caused an up­roar over its de­ci­sion to in­crease fees for its per­son­al and busi­ness bank­ing ser­vices, RBC Roy­al Bank an­nounced yes­ter­day that, ef­fec­tive March 27, it would be in­tro­duc­ing a num­ber of new fees and in­creas­ing some of its ex­ist­ing fees.

The Cana­di­an-owned bank pub­lished a new per­son­al bank­ing sched­ule of fees and charges on its web­site. The new sched­ule in­cludes an $8 de­posit fee for what the bank de­scribes as day-to-day bank­ing, day-to-day sav­ings, en­hanced sav­ings and stu­dent bank­ing cus­tomers. The bank's sched­ule does not make clear whether this new de­posit fee in­cludes ATM and salary de­posits or if the fee per­tains to on­ly in-branch de­posits.

De­posits by savers over 60 and those de­fined as young savers re­main free, as do de­posits made by VIP bank­ing cus­tomers and those who en­joy RBC Roy­al's no-lim­it bank­ing.

De­posits in the bank's high in­ter­est bear­ing eSav­ings ac­counts will now pay $14 to de­posit.

Ac­cord­ing to the Cen­tral Bank's com­par­a­tive sched­ule of fees and charges as at June 30, 2016, RBC Roy­al Bank charged no fee on in-branch de­posit trans­ac­tions (teller) up to the mid­dle of last year.

The bank al­so in­creased the month­ly ser­vice charge on its day-to-day bank­ing ac­counts to $25, which in­cludes five free cheque trans­ac­tions, but cus­tomers in this cat­e­go­ry will pay $3.50 per trans­ac­tion there­after. The Cen­tral Bank sched­ule in­di­cat­ed that the main­te­nance fee on sav­ings ac­counts at RBC Roy­al Bank up to the mid­dle of last year was $15 a month.

Young savers pay no month­ly ser­vice charges for keep­ing their monies at RBC Roy­al Bank, while for those 60 and over there is no ser­vice charge if they main­tain a bal­ance of $15,000 or more.

RBC Roy­al Bank al­so in­creased from $7 to $8 the cost of in-branch with­drawals and oth­er cus­tomer-gen­er­at­ed deb­it trans­ac­tions for many of its day-to-day cus­tomers. But this ser­vice re­mains free to its VIP cus­tomers, its 60 plus cus­tomers and its young savers.

Cus­tomers of the bank face a new cheque book dis­tri­b­u­tion fee of $25 (if dis­trib­uted by TTPost) and a fee of $30 if the bank holds their cheque books for more than 30 days.

The bank al­so alert­ed its cus­tomers that some of them will be re­quired to pay a new fee of $4.50 a month for the pro­cess­ing of their ac­count state­ments.

RBC Roy­al cus­tomers as well face a new in­ter­na­tion­al trans­ac­tion charge of 0.25 per cent of the trans­ac­tion amount on any for­eign pur­chase made with their cred­it card. They are al­so like­ly to pay high­er late pay­ment and over-lim­it fees on their cred­it cards come March 27.