Business USD Chequing account
Take your local business to the world.
Only $3 USD a month, or no monthly fee if you keep a minimum monthly balance of $1,500 USD.
Key features.
Save on foreign exchange costs.
All your transactions are processed in USD, so you won’t be affected by fluctuating foreign exchange rates.
Get one free transaction.
Maintain a minimum monthly balance of $500 USD to earn one free transaction every month.
The right fit if:
- You send or receive payments in US dollars
- You don’t access your money through ATMs (you can still bank by phone, online, Member Services Centre and branches)
- You’d like to withdraw US funds by cheque, cash or bank draft
Account details.
$3 USD
- Electronic§
- In-branch and Member Services Centre⁂
1 for every $500 USD minimum monthly balance
$0.75 USD
Monthly fee (waived with a minimum monthly account balance of $1,500) | $3 USD |
|---|---|
Transactions included monthly:
| 1 for every $500 USD minimum monthly balance |
Additional transaction fee | $0.75 USD |
Fees for transactions over your limit will be accumulated monthly and charged at month end as one amount. Electronic transactions§ do not include Interac e-Transfers®. See the Business Service Charge Bulletin for a complete description of account fees.
As a member, you can count on:
- Your deposits in this account are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).
- A local account manager to meet your unique needs
- Your deposits helping local green builders, community revitalizers, local entrepreneurs and job creators
Ready? Set up is easy.
If this account sounds like a good fit for you, we’ll guide you through these steps.
It starts with a call.
We’ll connect you with a branch account manager to better understand your business needs.
Then we’ll meet in person.
You’ll come in to the branch for the legal stuff. To prepare for your appointment, fill out and bring the forms for your business type.
Finally, we’ll take care of the rest.
We’ll set up your account and get you up and running in no time.
Already a member?
Reach out to your account manager directly to open this account. If you’re not sure who that is, book a phone appointment.
New to Vancity?
Choose a time that works for you, and one of our business account managers will call you.
Tools to build your business.
Trademark of Visa Int., used under license
§ Electronic transactions are:
- Night deposit services
- Mobile, online and phone banking
- Cheque clearing/pre-authorized payment
- Pre-authorized credit
Interac e-Transfers® are not included. See the Business Service Charge Bulletin for full details on account fees.
⁂ Includes deposits, withdrawals, transfers and bill payments made in-branch or through our Member Services Centre.
◊ Interest is calculated on closing daily balance in an Account and paid monthly. Interest rate is per annum, simple interest (interest is calculated only on the original principal and not on the sum of the principal plus accrued interest). Interest earned in the currency of the Account. Rate is subject to change or may be withdrawn without notice at any time.
®Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.