Business U.S. dollar accounts
If you regularly use American money or do business across the border, FirstOntario U.S. dollar accounts may be the perfect addition.
Business U.S. Dollar Chequing
Best suited for businesses seeking effortless cross-border banking with no exchange rate surprises.
$0 or $1 USD/month
No monthly fee when you maintain a minimum daily balance of $200 USD
- Earn 0.05%** interest when your chequing account balance is over $3,000 USD
- Two free withdrawals per month ($0.50 USD each thereafter)
- Option for multiple authorization online banking
- Pre-authorized debits, ATM and point-of-sale transactions are not available on this account
Business U.S. Dollar Investment Savings
Build up your U.S. savings while you earn interest without having to worry about exchange rates.
0.20% interest
- No monthly fees
- No minimum balance
- Interest is calculated daily, paid at month-end
- One free debit1 per month ($5 each thereafter)
- Compatible with all Canadian dollar FirstOntario accounts for easy transfer of funds
- Pay your FirstOntario U.S. Dollar Visa* from this account2
- Online and mobile banking with free eStatements
- ATM and point-of-sale transactions are not available with this account
Buy U.S. dollars at competitive rates
Get U.S. cash at your branch easily and securely, with some of the best exchange rates available.
Online and mobile banking
Access your accounts and exchange CAD and USD through online and mobile banking.