Scotiabank Right Size Account for business

ScotiabankBusiness chequing

Scotiabank · Business chequing

Business account

$6.00 a month with 4 transactions included.

Monthly fee$6.00
Transactions included4
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
$6.00
In-branch transaction
$1.25
Extra electronic transaction
$1.25

What is included

Transactions each month
4 transactions a month
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

$6.00 is a minimum monthly fee. Extra transactions are tiered downward with volume: $1.25 each for transactions 1-15, $1.15 for 16-50, $1.00 for 51+. extra_electronic_transaction_fee records the first-tier rate.

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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.