Opening a Business Account

Your business account comes with a range of tools and resources tailored to your needs.

• Save time with 24/7 banking services

• Save on fees with our competitive rates

• Get support from our extensive network of advisors

Need advice? Our experts in financing, investment and international banking can help guide your business decisions.

Open an account online

Make an appointment with an expert

1-844-413-5594 (toll-free)

A small price to achieve big things

Sign up for a business ePackage for just $5.99/month

Open an account online

Opening a Business Account

Complete the online form

Short on time? It only takes a few minutes to fill out the online application. An advisor will call you to discuss your company's needs and schedule an appointment at a branch.

Meet with an advisor at the branch

Would you rather come into a branch? Make an appointment with one of our advisors now. Use our branch locator to find the branch closest to your home or office.

Already have an appointment? Download the checklist. Use the checklist to make sure you have all of the documents you need to open your account. You should also have read the Business Account and Banking Service Agreement.

Transferring an account to National Bank

How do I switch my bank? Where do I start? When do I close my old account? Is there anything I haven't thought of? Don't worry! National Bank is here to walk you through the transfer process.

First complete the online form and follow the steps to open a business account
Once you have an account, download the transfer kit and follow the instructions

Download the transfer kit

Start your business on the right foot

Want to incorporate your business, create a shareholders’ agreement or set out terms and conditions for your website or mobile app? Lex Start will meet all your needs.

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Sign up for Internet Banking Solutions

Life is easier when you do your banking online.

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Useful links

Business Account and Banking Service Agreement

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.