FirstOntario Credit Union Business U.S.Dollar Chequing Account

Amount:

Type:

Chequing

Description:

The Business U.S. Dollar Chequing Account by FirstOntario Credit Union provides businesses with quick and easy access to American cash, making it convenient for cross-border transactions and international travel.

Comments on Funding:

This account offers the following features:
– ​$1 account fee per month (Waived with a $200 USD minimum balance);
– Tiered interest rate (Calculated on closing daily balance, paid at month-end);
– Two free withdrawals per month ($0.50 USD thereafter).

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be businesses;
2. be FirstOntario Credit Union members.

Application Steps:

Applicants must get in touch with FirstOntario’s business team.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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