Business Checking Account
Right for you if:
You are looking for immediate access to funds without the need to carry cash
You regularly handle deposits and withdrawals via check
With Scotiabank's Business Checking Account you can enjoy immediate access to your funds and make deposits and withdrawals by check at your convenience, eliminating the risk of carrying cash.
Enjoy easy access to your funds without the need to carry cash.
Checking Accounts are managed by checkbook (each containing 50 checks). Checks written and used during the month will incur a cost of $0.10 each for taxes and will appear on your monthly account statement.
Your account statement is issued monthly and sent to your post office box. If you don't have a post office box, we offer a retention service at a monthly cost of $10.
Minimum opening and account balance of $600*
Detailed monthly Account Statements with full transaction history
Manage your money with checks
Unlimited withdrawals throughout the month
Copy of the Articles of Incorporation and copy of the Single Tax
Two (2) forms of personal ID of the managers, signers, and shareholders (both with photo)
Three (3) of the corporation's and shareholders' banking references
The signed consent of the APC
Business Checking Account contract
There will be a charge of $15 if your balance falls below the minimum.