Right Size Account for businessSpecial Offer
Save on account fees for 12 months1
Meet with a Small Business Advisor to take advantage of these great offers:
Cash Management Zero
No Monthly Base Fee6
Free Digital Token and ScotiaConnect® Digital banking app
Business Tax Payments in ScotiaConnect®
No per transaction fee or minimum monthly fee7
2 months free payroll processing plus free implementation on select payroll solutions8
Chase® Merchant Services
Get, next day funding, and no cost for Chase merchant deposits processed by Visa*, MasterCardƚ or Interac ƚ ƚ into select Scotiabank business accounts9
Save up to 60% off QuickBooks® Online for new QuickBooks Online customers10
Top reason to choose the Right Size account for business 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 predictable monthly fee3 to help manage cash flow
Has no minimum monthly balance requirements and more
|Core Account Features & Fees
|Number of transactions
||Minimum $6 per month
|Business Transactions||Fee Per Transaction
|Monthly fee waived
||If you’re a member of the Canadian Federation of Independent Business (CFIB) the minimum $6 monthly fee is waived(1)
|2 FREE movies
||Switch your business account to Scotiabank and get 2,000 points on a SCENE4 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
Manage everyday expenses knowing you won't be caught short of funds
Pay with your phone
Forgot your wallet? Use your smartphone to pay for small everyday purchases.
Interac debit card purchases, ABM cash withdrawals, bill payments (including pre-authorized debits), account transfers and cheques.
Eligible for CDIC Insurance5
For full details of coverage limitations, refer to the CDIC brochure. Protecting Your Deposits, or ask for a copy at your Scotiabank branch
Subject to eligibility. Offer available to new Scotiabank Small Business Banking customers only. Other additional fees may apply, as identified on Your Guide to Fees and Interest Schedules. Offer is available to customers whether they sign up online or in-branch. Right Size Account for business
New Right Size Account for business customers who open a Right Size Account for business by March 31, 2019 and complete at least 15 account transactions in the last 90 days will receive a credit to their account equal to the total of the minimum monthly fee for the previous 12 months, on a date to be determined by Scotiabank. Additional fees may apply to this account, as identified in Your Guide to Fees and Interest Schedules.
Must meet the following conditions to qualify for the Right Size Account for business offer:
• Offer applies only to new Right Size Account for business customers who have not previously held a Right Size Account for business account type
• Must hold another qualifying Small Business product (excluding: Cash Management products/services, Mutual Fund, ScotiaLife Insurance, Scotia Professional Student Plan, Scotia Fastline for business, and Partner offerings (Chase Merchant Services & ADP));
• Complete a minimum of 15 Right Size Account for business transactions through any channel in the last 90 days.
Account must remain open and in good standing at the time the rebate is credited
Minimum monthly fee, monthly plan fees, payment, transaction and additional service fees are published in Your Guide to Fees and Interest Schedules or on individual service agreements forms and are subject to change from time-to-time.
The Right Size Account for business offer is only available to Small Business Customers. Commercial customers are not eligible.
This offer is non-transferable; maximum one Right Size Account for business offer per customer. All rates, fees, features and benefits are subject to change. Offer may change, be extended or cancelled at any time.
Chase and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N.A. Deposit fees are waived for Chase Merchant Services customers using selected Scotiabank Business Accounts. The Basic Business Account is excluded. Refer to Your Guide to Fees and Interest Schedules. Customers are subject to a transaction fee for each of their Visa*, Mastercard® and Interac® deposit transactions if they process payments with a service provider other than Chase Merchant Services . Next-day funding is available to Chase Merchant Services customers for Visa, MasterCard and Interac card transactions only. Next-day funding is subject to merchant credit approval and all funds are subject to fraud monitoring. Qualifying funds are deposited on the next business day, excluding weekends and bank holidays.
Next-day funding is available to Chase Paymentech customers for Visa, MasterCard and Interac card transactions only. Next-day funding is subject to merchant credit approval and all funds are subject to fraud monitoring. Qualifying funds are deposited on the next business day, excluding weekends and bank holidays.
Refer to Your Guide to Fees and Interest Schedules for transaction and service types that qualify for the tiered pricing structure. Additional deposit contents and sundry service fees apply
SCENE members can redeem 1,000 points for a free General Admission movie ticket.
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.
The products / services and promotional offers in this package are available to Small Business customers. Commercial customers may not be eligible for some offers.
Cash Management Zero
A full Schedule of rates is available upon request; please contact your Scotiabank representative. Additional terms and conditions apply.
In all cases where a processing charge has not been specified for an activity based on the Customer’s representation of non-use, and it is subsequently utilized by the customer, the standard rate charged by Scotiabank at the time of usage will be applied. Fees are subject to review and may be changed by Scotiabank from time to time. Notice of any such fee change will be provided to the customer thirty (30) days prior to the effective date of such fee change. Fees are billed in the currency of the designated billing account. Additional fees for Traces, Recalls, NSF, Reports or Technical Integration Services apply. Refer to the schedule of rates.
Business Tax Payments
Small Business Customers are not charged a per transaction fee or a minimum monthly fee when enrolling in the Business Tax Payments service in ScotiaConnect.
For more information, visit www.scotiabank.com/taxpayments.
Additional terms and conditions apply
Receive 2 months of free payroll processing and free implementation when you are referred by The Bank of Nova Scotia (“Scotiabank”) by March 31, 2019 and have entered into ADP’s standard form services agreement by April 30, 2019. Cannot be combined with any other ADP promotions and is only available to new ADP clients in Canada with 1-49 employees that are referred by Scotiabank. Applies only for Small Business Payroll solutions - TeamPay by ADP®, TeamPay by ADP Live, and Comprehensive Outsourcing Services. Free payroll processing applies to the recurring payroll processing fees paid by you to ADP. “Recurring payroll processing fees” exclude, without limitation: (i) any underlying payroll funding obligations (wages, taxes, third party remittances); (ii) any fees for official bank cheques, tax or special one-time reports, third-party remittances or cheque stuffing; (iii) Year-end services; (iv) refundable deposits or third party pass-through charges (including delivery charges); (v) direct expenses/charges (e.g. NSF fees); (vi) penalties and interest; (vii) fees for shipping, delivery and installation of equipment or software, custom programming, the sale or leasing of equipment or software, or maintenance; and (viii) income derived from the float. ADP reserves the right to discontinue or modify this promotion at any time.
ADP, the ADP Logo, ADP A more human resource, and TeamPay by ADP are registered trademarks of ADP, LLC. All other marks are the property of their respective owners.
Services referenced herein are provided by ADP Canada Co. Scotiabank is not responsible for this offer or the services made available by ADP Canada Co.
ADP Canada Co. is not a member of The Bank of Nova Scotia. Copyright © 2019, ADP Canada Co.
Copyright © 2019, ADP Canada Co
Chase Merchant Services
Deposit fees are waived for Chase Merchant Services customers using the Right Size Account for business, ScotiaOne Account Plan for business, ScotiaOne Account Plan for agriculture, SPP Plus Account Plan, and Scotia Community Account Plan. The Basic Business Account is excluded. Customers are subject to a transaction fee for each of their Visa*, Mastercard® ƚ and Interac® ƚ ƚ deposit transactions if they process payments with a service provider other than Chase Merchant Services. Next-day funding is available to Chase Merchant Services customers for Visa, MasterCard and Interac card transactions only. Next-day funding is subject to merchant credit approval and all funds are subject to fraud monitoring. Qualifying funds are deposited on the next business day, excluding weekends and bank holidays.
Chase Merchant Services referenced herein are provided by Chase Paymentech Solutions Inc . Scotiabank is not responsible for this offer or the services made available by Chase Paymentech Solutions Inc.
Chase and the Octagon logo are registered trademarks of JPMorgan Chase Bank, N.A.
Mastercard is a registered trademark of Mastercard International Incorporated.
Interac is a registered trademark of Interac Corp.
®**2019 Intuit Canada ULC. All rights reserved. Intuit, the Intuit Logo, QuickBooks, QuickBooks EasyStart, EasyStep, among others, are trade-marks of Intuit Canada Limited or one of its affiliates, registered in Canada and other countries and are not an entity or affiliate of Scotiabank. Scotiabank shall have no responsibility for the content or delivery of any QuickBooks product or services or this offer.
Save up to 60% off QuickBooks®** Online here. Receive up to 60% discount off the current monthly price for QuickBooks Online for the first 12 months of service; a 40% discount off the current monthly price for QuickBooks Online EasyStart for the first 12 months of service, a 60% discount off the current monthly price for QuickBooks Online Essentials or QuickBooks Online Plus for the first 12 months of service, starting from date of sign up. All prices will revert back to the current monthly price following the 12 month discount period. Standard HST/GST applies to the monthly subscription price during the discount period and beyond. Your debit or credit card account will automatically be charged on a monthly basis until you cancel. Offer not applicable with free trial. You must select the Buy Now option. Offer is valid for a limited time for new QuickBooks Online customers only. Offer cannot be combined with any other offer(s) from Intuit. No limit on the number of subscriptions ordered. To cancel your QuickBooks subscription, contact Intuit here. Terms, conditions, pricing, special features, and service and support options subject to change without notice.
Registered trademark of The Bank of Nova Scotia