Entrepreneurship & Small Business

Cheapest small business chequeing account

  • Last Updated:
  • Dec 4th, 2017 3:06 pm
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[OP]
Jr. Member
Jun 24, 2015
101 posts
14 upvotes
Toronto, ON

Cheapest small business chequeing account

Any suggestion for a cheapest business chequeing account? Only one or two transactions per month.
3 replies
Jr. Member
Jan 16, 2007
163 posts
52 upvotes
What kind of transactions? RBC has their small business eAccount which is free for electronic based transactions (and if your other usage is low then still reasonable for the pay per use). BMO also has an eBUSINESS plan which is the same, free for electronic stuff pay per use for the rest.
Member
Oct 22, 2001
256 posts
50 upvotes
Toronto
joshnet wrote:
Dec 3rd, 2017 5:02 pm
What kind of transactions? RBC has their small business eAccount which is free for electronic based transactions (and if your other usage is low then still reasonable for the pay per use). BMO also has an eBUSINESS plan which is the same, free for electronic stuff pay per use for the rest.
Yup, RBC is the only one that I know of that offers free accounts (eAccounts).

Didn't know BMO had a eBusiness account too, will check it out - thanks!
Turning off all RFD notifications... because all of it is eating up the 10 GB I got from Koodo.
Sr. Member
Jul 28, 2012
838 posts
249 upvotes
Montreal
As one user mentioned, it would be important to know what kind of transactions. If one of those transactions involves depositing cash, writing a cheque, or anything that involves a teller, you may be better off with a standard business account with a monthly fee.

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