Basic Business Account

Right for you if:

  • You prefer to tailor your fees to usage

  • You keep a minimum monthly balance of $8,000

  • A simple way to manage your accounts:
  • Account fees tailored to usage

  • Account maintenance fee waived with a minimum monthly balance

  • Available in both Canadian and US dollar 

    • Effectively manage your day to day business activities - electronic payments, cheque services, same day availability for in branch deposits, next business day availability for night deposits and more.
    • Tailor your fees to usage.
    • Reconcile your accounts with detailed monthly reports.
    • Avoid the hassle of exchange rate fluctuations and currency conversion with the US dollar account
    • $10.95 account maintenance fee
    • 1 free transaction2 for every $1,500 kept in the account
    • Monthly fee waived when the minimum monthly balance is $8,000 or over1

    Eligible for coverage by the Canadian Deposit Insurance Corporation (CDIC)

    Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada. 
    For full details of coverage limitations, refer to the CDIC brochure Protecting Your Deposits

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