Transfer Fee Rebate - Terms & Conditions

The Promotion: Vancouver City Savings Credit Union (“Vancity”) is offering a transfer fee rebate, subject to satisfaction of the eligibility criteria set forth in these terms and conditions (the “Offer”). First Credit Union operates as FCU Community Financial, a division of Vancity and is included in the Offer.

If you transfer at least $25,000 in net New Assets (as defined below) into a Qualifying Account (as defined below), you may be eligible to receive a Transfer Fee Rebate as set out below (“the Rebate”):

Offer period: The Offer is available from July 13, 2026, until September 29, 2026, at 4:00 p.m. PST (the “Offer Period”).

Qualifying Account Criteria:

Qualifying Accounts can be any of the following new or existing investment accounts at Aviso
Wealth (“AW”):
- (a) non-registered; (b) registered retirement savings plan; (c) spousal registered
  retirement savings plan; (d) locked in registered retirement savings plan; or (e) tax free
  savings account; or (f) first home savings account; or
- other accounts may qualify, at the sole discretion of Vancity. (collectively, the “Qualifying Accounts”).
Qualifying Accounts may be nominee or client name accounts. All new accounts with AW will be opened as nominee accounts.
New accounts must meet account opening requirements and be approved by AW.
Qualifying Accounts must be in good standing throughout the Offer Period and must not be in a debit position nor have any margin calls.

Eligibility Criteria:

The Offer is available to new and existing AW clients who are members of Vancity.
Cash, investments, or a combination thereof (“New Assets”) must be transferred into a Qualifying Account from a Canadian investment firm or a Canadian financial institution other than Vancity, its subsidiaries or AW (“External Financial Institution”). Systematic investments (pre-authorized contributions) are ineligible to be New Assets. New Asset investments transferred in must be approved as “Qualifying Investments” (as defined below).
Qualifying investments are all investments held in a Qualifying Account other than Non-Qualifying Investments (“Qualifying Investments”). Non-qualifying investments include the following: cash, money market funds, high interest savings accounts, GICs, fixed income securities with a duration of less than six months or any securities that are restricted, that are subject to a cease trade order or that are non-listed and without independent evidence of current value, all as determined by Vancity in its sole discretion (“Non-Qualifying Investments”). A Non-Qualifying Investment may be converted into a Qualifying Investment within 30 days of the transfer in date and thereby qualify for the promotion.
This Offer is open only to the Qualifying Account holder and is not transferable.

Funding Criteria:

You must initiate the transfer of at least $25,000 in net New Assets by no later than September 29, 2026, at 4 PM PST. This requirement may be met through multiple external transfers (except systematic investments are ineligible to be New Assets).
New Asset transfers from an External Financial Institution must be received no later than October 30, 2026 to qualify.
New Assets will be calculated by adding the total amount of Qualifying Investments in Qualifying Accounts during the Offer Period. For example, if you add funds to a non-registered account, a TFSA and an RRSP during the Offer Period, each Qualifying Investment amount will be aggregated for the purpose of this Offer.
The amount of any transfer fee charged by the External Financial Institution will be credited to a Qualifying Account, up to a maximum total credit of $150 per client (even if the aggregate External Financial Institution fees are higher than $150) (the “Rebate”).
Only one Rebate per client will be awarded during this promotion. For joint accounts, the Rebate amount will be paid to the joint account. For corporate accounts, only one Rebate will be awarded to the entity.
New Assets transferred in must remain in your account(s) until at least April 30, 2027. Any withdrawals or transfers out prior to this date will decrease the eligible New Assets qualified for the Rebate.
The Bonus may be credited to a Qualifying Account as cash credit or registered plan contribution, as applicable.
The maximum bonus earned is $150

Other Terms and Conditions:

Vancity reserves the right, in its sole discretion, to modify, extend, shorten, suspend or revoke this Offer and these Terms and Conditions, including the Offer Period, the Bonus and the Transfer Fee Rebate, at any time without prior notice. The posting of the Terms and Conditions at (or hyperlinked from) https://www.vancity.com/offers/wealth-management/ shall be deemed sufficient notice to you of the Terms and Conditions and any modifications, if required.
You are solely responsible for any tax consequences arising from or in connection with this offer. All transfers to registered accounts are subject to the limits imposed by the Canada Revenue Agency (CRA). You are fully responsible for monitoring your individual contribution limits and ensuring that any and all deposits fall within these CRA limits. You further agree to at all times indemnify and hold Vancity harmless in respect of any such penalties or charges imposed upon you as a result of these imposed limits.
Vancity reserves the right, in its sole discretion, to suspend, disqualify, limit or revoke this Offer for any client Vancity suspects of manipulating or abusing the Offer or its fairness, integrity or operation.
The Transfer Fee Rebate will be paid by May 31, 2027. Clients will have until July 30, 2027, to notify Vancity if you have not received Transfer Fee Rebate, including so that Vancity may assess whether you have indeed qualified for the Offer.
All dollar amounts mentioned are in Canadian dollars.
In order to determine whether you qualify for the Offer, New Assets in US dollar Qualifying Accounts will be converted at prescribed rates in effect at AW, as applicable, as of the transfer in date.
The AW representative managing a Qualifying Account must be affiliated with Vancity. Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.