National Bank of Canada Hybrid Package
Chequing
Description:
This package is ideal for businesses for all their transactions based on their needs and preferences
Comments on Funding:
This account offers the following features:
– Monthly Fee: $8/month;
– 6 electronic or assisted transactions per month;
– Unlimited cheque deposits by ABM, mobile, and scanner;
– 12 transfers via Interac e-Transfer ®.
Continuous Intake
Eligibility:
Business that carry out a low volume of transactions every month
Application Steps:
1. make an online request;
2. prepare the required documents;
3. finalize their request with an expert.
Documentation Needed:
Specific documentation must be provided according to business structure type. For details, check this https://www.nbc.ca/content/dam/bnc/entreprise/pdf/quickref-business-account-opening.pdf.
Other Things to Note:
1. Electronic transactions are transactions carried out in Canadian dollars at our ABMs, a participating merchant, through our online banking services or those related to certain operations in your account. The Around-the-Clock Depository Service is no longer considered electronic transactions.
2. Business owners must be signed up with the Bank’s Internet Banking Solutions for Businesses (IBSB).
3. A compatible scanner must be purchased separately at the client’s expense.
4. To use the Interac e-Transfer® service, business owners must be signed up for Internet Banking Solutions for Businesses. Funds must be transferred to a bank account held at a participating Canadian financial institution. If they exceed the transfer limit specified in their package, a service charge of $1.50 may apply when sending money by Interac e-Transfer.
5. Assisted transactions are carried out with a representative in the branch, through the Around-the-Clock Depository Service or through the issuing of a cheque.
About the author
Maurice
