(mainly US, commerce) a document, usually negotiable, containing a signed promise to pay a stated sum of money to a specified person at a designated date or on demand Also called note, note of hand.
Before the amendment, retailers paid an average of 44 cents for a typical debit card transaction, then valued at roughly $38. The Durbin rules meant that for that typical $38 purchase, the maximum fee would be about 24 cents, 45% less than the average cost before the law took effect.
â¢ No transaction fees for Vanguard funds. â¢ No fee for dollar-cost averaging; minimum two transactions; minimum transaction $100. Non-Vanguard mutual funds available through FundAccess* No-transaction-fee (NTF) funds: â¢ A redemption fee of 1% (minimum $50, maximum $250) will apply to NTF shares held less than 180 days. This fee is waived for shares transferred to VBS from another institution. â¢ No fee for dollar-cost averaging; minimum two transactions; minimum transaction $100. â¢ Minimum initial investment for most funds is $1,000.** Transaction-fee (TF) funds: â¢ Fee is $20 per transaction (any order size). â¢ The same fee applies through all investment channels. â¢ A fee of $3 per scheduled transaction is charged for dollar-cost averaging; minimum two transactions; minimum transaction $100. â¢ Minimum for initial and additional investments is $1,000.** VBOÂ® commission schedule