Right Size Account for business

Special Offer
Save on account fees for 12 months1

Free Cheque Deposits with your smart phone.

No deposit fees with Chase and next business day funding2

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

Intuit QuickBooks

Save up to 60% off QuickBooks® Online for new QuickBooks Online customers10  

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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

  • Account Details

    Monthly Record-keeping Options and Fees, for complete details review Your Guide to Fees and Interest Schedules and our Business Banking Agreement.

    Core Account Features & Fees
    Number of transactions
    Minimum $6 per month
    Business Transactions Fee Per Transaction













    Account Extras
    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
    Paperless Statement
    Interest Rate
    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
    Direct Deposit

    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 

    Protect your account


    Pay with your phone

    Forgot your wallet? Use your smartphone to pay for small everyday purchases.

    Learn more


    Pre-Authorized Payments

    Pay your Internet, cell phone bill and more automatically. No missed due dates and no late fees.

    Set up a payment

    Additional Information

    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

    Your Guide to Fees and Interest Schedules

    Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees

    Right Size Account for business

    By Phone

    Make an appointment

    1 (877) 552-5522
    In Person

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