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Business banking accounts

Whether you're operating in Canada or abroad, or looking for ways to manage your investments, we have the right business account for you. 

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Find the business account that's right for you

CAD account

With this account, you can monitor and manage your day-to-day transactions easily and efficiently through our online services and cheque imaging feature.

  • Six banking packages to choose from based on the number of transactions you carry out
  • Monthly transaction fees
  • Online or paper bank statement issued monthly, with cheque images
  • You can receive a bank statement in BAI (Bank Administration Institute) or EDI (electronic data interchange) format with details on the previous business day's transactions.

CAD deposits in this account are covered by the Canada Deposit Insurance Corporation (CDIC). Find out more about the coverage offered by CDIC


USD account

Your transactions in U.S. dollars have never been easier thanks to our USD account.

  • Manage conversion fees
  • View your daily operations in U.S. dollars in real time
  • Monthly transaction fees
  • Monthly account statements are issued with cheque images; however, account statements can be issued at other intervals
  • You can receive your bank statement in BAI (Bank Administration Institute) format with details on the previous business day's transactions

USD deposits in this account are covered by the Canada Deposit Insurance Corporation (CDIC). Find out more about the coverage offered by CDIC

Business Investment Account (BIA)

The  offers a range of advantages.

  • Attractive interest rate
  • Round-the-clock access to your funds
  • Overdraft protection

Foreign currency accounts

Companies that often deal in a particular foreign currency can

  • Available in 15 currencies, including the Renminbi (yuan), Euro and British Pound
  • Makes international operations easier
  • Reduces risks relating to fluctuating exchange rates
  • Monthly account statement
  • A bank statement can be issued in BAI (Bank Administration Institute) format with details on the previous business day's transactions

Foreign currency deposits in a business account are covered by the Canada Deposit Insurance Corporation (CDIC). Find out more about the coverage offered by CDIC

With a digital plan starting at $5.99 a month...

Now, you're in business!

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Online security is everyone’s business

The Bank protects your business

National Bank has put in place services to protect your business accounts and finances from online fraud.

Discover how the Bank protects your business

Protect your business

Your business’s online security concerns all your employees. Here are a few tips to help you protect yourself against fraud attempts.

Discover the business kit

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Banking made simple

Make informed decisions during the growth of your business. We will help you find the right financial solutions to meet your needs.

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FAQ

Why do I need to give consent to verify my identity with the credit bureau? Will my rating be affected?

The Bank is required to identify all clients who open an account, and by law, must ask for authorization to verify their identity with the credit bureau. Credit ratings will not be affected since the credit bureau will only be consulted to verify an identity.

 

Why do I have to enter my login credentials for a personal account to a financial institution?

The Bank validates the holding of an active personal account to a major Canadian financial institution to identify the client. This validation is required to complete the online account opening process.

 

What can I do if I forget the login credentials of my financial institution?

If you have any questions about connecting to another Canadian financial institution, contact them directly to retrieve your username or password. If your personal account is with National Bank, contact us at 1-844-394-4494.

 

Which Canadian financial institutions are eligible for online identification when applying for an account?

Accepted financial institutions are:

  • National Bank
  • BMO
  • CIBC
  • Desjardins
  • HSBC
  • Laurentian Bank
  • RBC
  • Tangerine
  • TD Canada Trust

 

Does the Bank keep my login information in memory?

The Bank does not retain any login credentials (password or username) in memory.

 

Can I open an account online even if I am not the sole owner of the business (multiple signatories)?

Once the request for a new account is sent, an advisor will contact you within 24 business hours to complete the application. If there are other signatories to the account, we will make an appointment with you so that everyone can come identify themselves in person with a branch advisor. Your information will be sent to the branch that will open the account.

 

Can I finalize my account opening remotely?

The identification and application for opening an account can be done online. To do this, you must have online access to an active personal account at a Canadian financial institution. An advisor will contact you within 24 business hours to confirm your identity and determine your needs. However, you will need to visit a branch to collect your debit card and your 10 departure cheques.

 

Should I sign documents online and return them to the Bank?

No. You only need to answer a few questions about yourself and your business.