Business Chequing Account CAD CDIC Insured
Scotiabank

Scotiabank Right Size Account for business

Manage funds easily with this flexible, budget-friendly solution where you only pay for the transactions you make.

Interest rate Not listed
Monthly fee $6/mo
Transactions Pay per use
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Offer summary

No deposit fees on payment processing and get funds the next day with Chase Merchant Services.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

COSTS

Fees and account limits

Monthly fee$6/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsPay per use
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Debits Exceeding Monthly LimitsTransactions 1-15: $1.25 each. 16-50: $1.15 each. 51+: $1.00 each. - Per Use -
ACCOUNT EXPERIENCE

Features and benefits

Online and Mobile Banking

Includes ScotiaConnect Digital Banking.

Overdraft Protection Available

Overdraft Protection for business available.

CDIC Insured

Eligible for CDIC Insurance.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appNot specified
Online bankingYes
Branch accessYes

CDIC Insured: Eligible for CDIC Insurance.

COVERAGE

Registration, networks and availability

Registration options

  • CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Scotiabank before opening the account.

Product information last reviewed or updated Mar 12, 2026.