Business current account

Your account,
your rules

Good to know
When you open an account, you'll automatically get a Business Freedom Plan. You can upgrade your plan anytime. Learn more about our business plans.
Regular current account for business

Regular current account for business

  • Unlimited chequing privileges
  • No minimum monthly balance required
  • Easy access through online and mobile banking app
  • Membership debit card issued

 

Good to know
When you open an account, you'll automatically get a Business Freedom Plan. You can upgrade your plan anytime. Learn more about our business plans.

Account fees

Account features
Business account
Community & organization account
Account features
Business account
Community & organization account
Monthly Fee
Monthly Fee
Free
Free
Sending
Sending
Free
Free
Receiving
Receiving
$0.75
Free
Cancellation or return of e-Transfer
Cancellation or return of e-Transfer
$5.00
$5.00
Cheque deposit
Cheque deposit
$0.75
Free
Online bill payment
Online bill payment
$0.75
Free
Overdrawn account fee
Overdrawn account fee
$25.00
$25.00
BCU ATMs – All transactions
BCU ATMs – All transactions
$0.75
Free
The Exchange Network ATMs – All transactions
The Exchange Network ATMs – All transactions
$0.75
Free
US or International ATMs cash withdrawal (ATM surcharge not included)
US or International ATMs cash withdrawal (ATM surcharge not included)
$1.50
N/A
Incoming Canadian wires
Incoming Canadian wires
$10 CAD
$10 CAD
Outgoing Canadian wires
Outgoing Canadian wires
$35 CAD
$35 CAD
Monthly E-Statement (with imaged cheques)
Monthly E-Statement (with imaged cheques)
Free
Free
Monthly mailed statement (with imaged cheques)
Monthly mailed statement (with imaged cheques)
$3.00
$3.00

Need professional advice?

We are here to help with all your questions!

Get a BCU Member debit card
when opening an account

24/7 access

Enjoy round-the-clock access to your BCU accounts through ATMs worldwide.

Free withdrawals

Withdraw, deposit, or transfer money at BCU ATMs without incurring any fees.

Interac Flash Technology

Make quick and secure purchases under $100 with Interac Flash—no PIN needed.

Global compatibility

Use your card internationally at Cirrus and Accel ATMs while traveling

Easy e-transfers

Simplify sending and receiving money with Interac e-Transfer's request money and autodeposit features.

Wide ATM network

Acces 43k+ surcharge-free ATMs across North America through The Exchange and Allpoint Networks
Mobile banking

Manage your finance
anytime, anywhere

Get the BCU Link app and benefit from convenient mobile banking on the go.

Manage your finances easily

Pay bills, check account balances, review your transaction history — all in one place

Bank on your schedule

Enjoy 24/7 access to your accounts and stay in control over your transactions

Secured and trusted

Your data and finances are protected by advanced security protocols

Banking with a difference

Manage cash flow with ease

Simplify daily transactions and keep your business funds organized.
Manage cash flow with ease

No hidden transaction fees

We provide clear and predictable costs with no surprises and transparent fee structure.
No hidden transaction fees

Enjoy banking tailored for business

Customized features to support payments, payroll, and cash management.
Enjoy banking tailored for business

Questions? We got answers!

There are no mothly fees at BCU for business accounts, when a business account is opened, it is automatically set up with the Freedom Plan that comes free of charge and includes 5 free transactions/month. Depending on the volume of your financial operations, you can then choose a suitable plan covering more transactions at a cost ranging from $10 to $60/month. 

Yes, at BCU Financial you can easily set up automatic payments and transfers from your business account, making recurring transactions a breeze. You can schedule everything from bill payments to payroll deposits using our user-friendly online banking platform. This feature helps streamline your business operations and keeps your finances organized.

To open a business current accoun, you’ll typically need a government-issued ID, your business registration documents, and proof of your business address. Depending on your business type and structure, additional documentation may be required. Feel free to contact us if you have any questions about the process.


Members are our
first priority

icon-1

$12.6M+

Shared with members
icon-2

$800K+

Community support
icon-3

20K+

Members

Need help? We are here to help

Book an appointment
Choose the date and time
1-877-228-5465
Mon-Fri 9:30am to 5:30pm
Find a nearest branch
Check the working hours and location of the different branches in GTHA and Ottawa
BCU Corporate office
2280 Bloor Street West, 3rd Floor Toronto, ON M6S 1N9
Commercial credit
2280 Bloor Street West, 2nd Floor, Toronto, ON M6S 1N9
Bloor West Branch
2280 Bloor Street West, Toronto, ON M6S 1N9
Mississauga Branch
1891 Rathburn Road East, Unit #8, Mississauga, ON L4W 3Z3
Oakville Branch
3015 Winston Churchill Blvd., Unit #103C, Mississauga, ON L5L 2V8
North Toronto Branch
7077 Bathurst Street, Unit #5A, Vaughan, ON L4J 2J6
Hamilton Branch
249 Kenilworth Avenue North, Hamilton, ON L8H 4S4
Hamilton BCU Starsky Banking Centre
685 Queenston Rd, Hamilton, ON L8G 1A1
Ottawa Branch
913 Carling Avenue, Ottawa, ON K1Y 4E3
Ivan Franko Homes (Mississauga Location)
3058 Winston Churchill Blvd, Mississauga, Ontario L6H 6P5
Link copied to clipboard