Cheapest Banking Business Account

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May 31st, 2019 11:00 am

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May 7th, 2019 3:52 pm

realg123 [OP]: Deal Addict; Feb 22, 2007; 2053 posts; 281 upvotes; Toronto

May 7th, 2019 3:52 pm

Cheapest Banking Business Account

Hello,
I've been doing some research but couldn't find a lot of info.
What I need is unlimited e-transfers and wiring once or twice a month.

At the moment I'm with TD, their offering 60 transactions (E-Transfers are considered transactions) for $40 a month.

Anyone have any better solutions?

4 replies

May 8th, 2019 12:18 am

eonibm: Deal Expert; Aug 2, 2010; 15193 posts; 4926 upvotes; Here 'n There

May 8th, 2019 12:18 am

Keep dreaming if you think any bank account, personal or otherwise, will give you free wiring. Interac yes but with Simplii, which is a personal bank account. .

May 8th, 2019 2:19 pm

choclover: Deal Fanatic; Oct 7, 2007; 8101 posts; 4075 upvotes

May 8th, 2019 2:19 pm

If you are willing to park a minimum $ balance at TD, I think you can get a "free" account with no transaction fees.

+1

May 8th, 2019 4:36 pm

eonibm: Deal Expert; Aug 2, 2010; 15193 posts; 4926 upvotes; Here 'n There

May 8th, 2019 4:36 pm

choclover wrote: ↑ If you are willing to park a minimum $ balance at TD, I think you can get a "free" account with no transaction fees.

Yup, you just pay another way, with having to set aside a lot of money that you can't access because you'll lose the 'free' part.

+1

May 31st, 2019 11:00 am

DKaz: Newbie; Nov 12, 2008; 85 posts; 18 upvotes; Kelowna

May 31st, 2019 11:00 am

ATB Financial in Alberta has free chequing accounts for new startups for one year with Interac e-Transfers, but wires are definitely not included.

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