Cambrian
Business Banking Accounts

Your business is unique, which is why we have business banking accounts for all your needs.

Why Cambrian? Our purpose is to save, solve and simplify.

At Cambrian, our purpose is to make banking simpler and better for your business, with our Business Chequing, Savings and US Dollar Accounts, reasonable fees, competitive interest rates and personalized service and advice.

Do your business online

Commercial Internet Banking (CIB) lets you do your business banking online, simply and securely.
• Move money, pay bills, view transactions and more
• Set up multiple users and permissions
• Download your banking transactions to your accounting software
Set up Interac^® e-Transfer and Interac^® Direct Debit on your business banking account to receive or make payments quickly and securely.
Point-Of-Sale Payment Solutions lets your business accept payments easier and smarter.
Customer Automated Funds Transfer (CAFT) lets you make payments (ex. payroll) and take payments (ex. rent) without the hassle of cheques.
Book a video meeting with your Business Advisor to discuss your business needs

Business Chequing Account

This is your day-to-day business banking account to make deposits, receive & send funds and pay your business expenses.

Minimum Monthly Account Fee: $7.00

Transaction Fees

Preauthorized credit: $0.85 ⁽¹⁾
Deposit: $0.85 ⁽¹⁾
Cheque: $1.00 ⁽¹⁾
In-branch transfer: $1.00 ⁽¹⁾
Preauthorized debit: $1.00 ⁽¹⁾
Withdrawal/Debit: $1.00 ⁽¹⁾
Interac^®Direct Debit: $0.85
Interac^®e-Transfer: $1.00 ⁽²⁾
Credit Union ATM Withdrawal (in Canada): $0.85
Interac^®ATM Withdrawal: $0.85 ⁽³⁾
Cirrus ATM Withdrawal (outside Canada) $3.50 ⁽⁴⁾
Online bill payment: $0.85
In-branch bill payment: $2.00

Account Service Fees effective September 1, 2024

(1) One free transaction (cheque, deposit, transfer, preauthorized credit, preauthorized debit, withdrawal/debit) per each $500 minimum monthly balance.

(2) Single signer accounts can send and receive e-Transfers; dual signer accounts can only receive e-Transfers. There is no charge to receive e-Transfers.

(3) Plus $2.00 surcharge fee.

(4) Plus foreign exchange.

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Organization Chequing Account

Our Organization Chequing Account is exclusively for not-for-profit organizations (community, sports, associations, groups), schools, churches and charities.

The Organization Chequing Account is our no monthly fee, pay-per-transaction account.

Best used for organizations with low volume transactions.

Tip: Organizations with higher volume transactions and/or higher account balances may prefer our Business Chequing Account.

Minimum Monthly Account Fee: None

Transaction Fees

Cheque: $0.85
Withdrawal/Debit: $0.85
Preauthorized debit: $0.85
Online bill payment: $0.85
In-branch bill payment: $2.00
Interac^®e-Transfer: $1.00 ⁽¹⁾
Interac^®Direct Debit: $0.85
Credit Union ATM Withdrawal (in Canada): $0.85
Interac^®ATM Withdrawal: $0.85 ⁽²⁾

Account Service Fees effective September 1, 2024

(1) Single signer accounts can send/receive e-Transfer; dual signer accounts can receive only. There is no charge to receive.

(2) Plus $2.00 surcharge fee

View all business service fees

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Business Savings Account

The perfect combination of an operating banking account and a high interest savings account for businesses and organizations.

Best used for organizations with low volume transactions.

Monthly Account Fee: Free

Transaction Fees

Preauthorized credit: $0.85
Deposit: $0.85
Interac^® e-Transfer: $1.00 ⁽¹⁾
Interac^® Direct Debit: $2.00
Cheque: $2.00
In-branch transfer: $2.00
Preauthorized debit: $2.00
Withdrawal/Debit: $2.00
Online bill payment: $1.00
In-branch bill payment: $2.00
Credit Union ATM Withdrawal (in Canada): $2.00
Interac^® ATM Withdrawal: $2.00 ⁽²⁾
Cirrus ATM Withdrawal (outside Canada) $3.50 ⁽³⁾

Account Service Fees effective September 1, 2024

(1) Single signer accounts can send and receive e-Transfer; dual signer accounts can receive only. There is no charge to receive an e-Transfer.

(2) Plus $2.00 surcharge fee

(3) Plus foreign exchange.

View all business service fees

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Business Savings Interest Rate

2.75

%

Interest is calculated on daily closing balance and paid monthly.

Business US Dollar Account

Conveniently transact in US dollars and save on foreign exchange fees.

Business US Dollar Chequing Account

Minimum Monthly Account Fee: $7.00

Transaction Fees

Preauthorized credit: $2.00 ⁽¹⁾
Deposit: $2.00 ⁽¹⁾
Cheque: $2.00 ⁽¹⁾
In-branch transfer: $2.00 ⁽¹⁾
Preauthorized debit: $2.00 ⁽¹⁾
Withdrawal/Debit: $2.00 ⁽¹⁾

(1) One free transaction (cheque, deposit, transfer, preauthorized credit, preauthorized debit, withdrawal/debit) per each $500 minimum monthly balance.