Basic Business Account

A simple way to manage your Canadian and US Dollar funds.

Apply now
Product Benefits

  • Account fees tailored to usage
  • Available in both Canadian and US Dollar accounts
  • Improved cash flow – get funds the next day with Chase Merchant Services.1

Account Details


ACCOUNT FEATURES & FEES

Monthly fee

$10.95

Monthly fee waived when the minimum monthly balance is $8,000 or over3

Transactions2 per month

1 free transaction for every $1,500 in the account

Complementary Services


Overdraft Protection for business

Manage everyday expenses knowing you won't be caught short of funds. 

ScotiaConnect Digital Banking

Enhanced online business banking to approve and submit payments, check balances, EFTs, wires, and more.

Business Taxes

Save time and pay online. Take care of federal taxes, payroll deductions, GST, PST or HST and more. 

 

Resources


How to open a business account


Protected by CDIC

Canadian Deposit Insurance Corporation automatically protects eligible funds in your account.4 Read Protecting Your Deposits for details or ask for a copy at your branch.

CDIC Deposit Protection



Schedule of Fees

Learn about account and service fees.

 

Business Banking Services Agreement

Review the agreement.

Basic Business Account
A simple way to manage your Canadian and US Dollar funds.
Apply now
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