Right Size Account for business
ONLY PAY FOR WHAT YOU USE
Minimum monthly fee waived for 6 months
monthly balance required
Top reasons to choose this account
If you’re looking for a simple bank account that grows with your business that:
- Saves you time with online and on-the-go access
- Has a low minimum monthly fee starting at $6
- Has no minimum monthly balance requirements and more
Core Account Features & Fees
||Minimum $6 per month
|Number of transactions
||Fee Per Transaction
|| Sign-up with Chase Paymentech for credit and debit card processing and receive a one-time rebate for your merchant services
|Monthly fee waived
||If you’re a member of the Canadian Federation of Independent Business (CFIB) the minimum $6 monthly fee is waived
|Personal Banking offers
||Fees are waived on your personal banking needs when you enroll in one of our business switch packages
|2 FREE movies
||Switch your business account to Scotiabank and get 2,000 points on a SCENE Card with the Get Growing Switch Program
No interest is paid on this account.
Helpful Account Services
Great services to help you manage your money
Free Scotia® InfoAlerts
Get an email or text notification every time money moves through your account. Find out more.
Manage your money safely and efficiently with wire payments, Canadian and US dollar EFT payments (payables and receivables), pay your taxes, and more. Find out how.
Have your paycheque, pension and more automatically deposited into your account and access your money right away. Set it up.
Overdraft Protection for business
Pay with your phone
Forgot your wallet? Use your smartphone to pay for small everyday purchases. Learn more.
Pay your Internet, cell phone bill and more automatically. No missed due dates and no late fees. Set up a payment.
Interac debit card purchases, ABM cash withdrawals, bill payments (including pre-authorized debits), account transfers and cheques.
Eligible for CDIC Insurance
For full details of coverage limitations, refer to the CDIC brochure. Protecting Your Deposits
(38kb), or ask for a copy at your Scotiabank branch
Your Guide to Fees and Interest Schedules