Select Account for business 

Simple. Predictable. Skip the monthly fee. Select Account for business Plan B monthly fee of $40 rebated1 with no minimum balance requirement2 when you sign up for Merchant Services with Chase.

Apply now
Product Benefits

  • Simple, easy-to-understand pricing.
  • No monthly plan fee if you maintain minimum balance every day of the month.3
  • Plan options to suit your transaction needs.

More great reasons to choose this account


  • The choice is yours – Four plans to choose from to suit your business needs 
  • Grows with you –  Easily switch to a higher plan as you grow 
  • No surprise fees – High limit of cash deposits included at no extra charge

Account Details


Select Account for business

Features

Plan A

Plan B

Plan C

Unlimited

Monthly Plan Fee3

$20

$40

$75

$120

Monthly Plan Fee Rebate with Minimum Balance4

 

$20,000

$35,000

$45,000

$75,000

Transactions5

25

70

125

Unlimited

Deposit items6

50

60

85

Unlimited

Cash Deposits7

$6,000

$8,000

$10,000

$30,000

Additional Transaction Fee
$1.50
$1.50
$1.50
$0
Additional Items deposit fee
$0.25
$0.25
$0.25
$0
Additional Cash Deposit Fee (For every $1,000) $2.50
$2.50
$2.50
$2.50

Fees for sending Interac e-Transfer through Scotia OnLine®


Effective October 13, 2023

Select Account for business (Plan A, Plan B, Plan C)

 

Price / Transaction

Transaction / Month

Current/Price

New price

1-20

$1.00

Free

21 and above

$1.00

$1.00

Select Account for business (Unlimited Plan)

 

Price / Transaction

Transaction / Month

Current/Price

New price

1 and above

$1.00

Free

Fees for sending Interac e-Transfer through Scotiaconnect®


Free transfers stated above are for ScotiaOnLine and are not applicable to ScotiaConnect. For any Interac e-Transfer transactions completed via ScotiaConnect, standard pricing applies.

Related Services


ScotiaConnect Digital Banking

See your business account activity, pay employees and business taxes, send and receive EFTs, and more.

Scotiabank Passport™ Visa Infinite Business* Card

Earn up to $500 in bonus Scene+ points in your first year

Credit Line for business

A valuable tool to help manage your cash flow.

Resources


CDIC Deposit Protection



Schedule of Fees

Learn about account and service fees.

 

Business Banking Services Agreement

Review the agreement.

Select Account for business 
Simple. Predictable. Skip the monthly fee. Select Account for business Plan B monthly fee of $40 rebated1 with no minimum balance requirement2 when you sign up for Merchant Services with Chase.
Apply now
Phone

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In Person

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Mid-sized business

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