Scotiabank Basic Business Account

ScotiabankBusiness chequing

Scotiabank · Business chequing

Business account

$10.95 a month, waived if you keep $8,000 in the account.

Monthly fee$10.95Waived at $8,000
Transactions includedNot published
Interest rateNone published
Deposit insuranceInsured

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
$10.95
Fee waived with a balance of
$8,000

What is included

Interac e-Transfers
Not included
Fee per e-Transfer beyond that
$1.00
Cash deposit fee after that
$2.60 per $1,000

Who can open it

US dollar account
No

Deposit protection

Insured by
CDIC

Where these figures come from

Figures checked on
August 19, 2026

Notes

Included transactions are earned, not fixed: 1 free transaction per $1,500 of minimum monthly balance, so transactions_included is left null. Per-transaction overage rates not published in the extracted schedule.

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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.