In these cases, your financial institution's information should be taken as accurate. Your account may be charged fees directly for some items which are included in the calculator, but not on the monthly amount included on your statement or passbook. Some types of pre-authorized debits do not have fees applied to them. Some reporting options, such as passbook, monthly statement and cheque return options have different fees applied to them. This calculator assumes that you have chosen the least expensive option.
Most institutions offer a number of free debit transactions.
Some institutions provide the most expensive transactions free, while others provide the least expensive. The calculator takes these factors into account. However, other institutions provide the first transactions undertaken each month for free. In this case, where you exceed the number of free transactions, the calculator will assign an average value to the free transactions. Some institutions have regional pricing.