Business chequing accounts
Whether your business is big or small, growing or well‑established, FirstOntario offers an account that’s sure to make your business banking better.
Business eBanking
Best suited for businesses that prefer online banking, plus occasional in‑branch service with no fee surprises.
$0 or $5/month
No monthly fee when you maintain a minimum daily balance of $5,000
- Unlimited electronic transactions
- Five free in‑branch transactions ($3 each thereafter)
- Five free Interac e‑Transfers® ($1.50 each thereafter)
- Surcharge‑free withdrawals at thousands of ATMs across Canada through THE EXCHANGE Network® and the U.S. through the Allpoint network
- Option for multiple authorization online banking
Business Convenience
Best suited for businesses with a lower volume of transactions, looking for optimum flexibility and minimal fees.
$0 or $5/month
No monthly fee when you maintain a minimum daily balance of $5,000
- $0.85 per credit/debit transaction
- $1.50 per Interac e‑Transfer®
- Surcharge‑free withdrawals at thousands of ATMs across Canada through THE EXCHANGE Network® and the U.S. through the Allpoint network
- Option for multiple authorization online banking
Business Premium
Best suited for businesses with a moderate volume of transactions, all-bundled into one value-priced monthly fee.
$0 or $25/month
No monthly fee when you maintain a minimum daily balance of $25,000
- Up to 50 debit/credit transactions ($0.85 each thereafter)
- 10 free Interac e‑Transfers® ($1.50 each thereafter)
- Surcharge‑free withdrawals at thousands of ATMs across Canada through THE EXCHANGE Network® and the U.S. through the Allpoint network
- Option for multiple authorization online banking
Business Premium Plus
Best suited for businesses with a higher volume of transactions, seeking ultimate flexibility and value.
$0 or $50/month
No monthly fee when you maintain a minimum daily balance of $50,000
- Up to 100 debit/credit transactions ($0.85 each thereafter)
- 15 free Interac e‑Transfers® ($1.50 each thereafter)
- Surcharge‑free withdrawals at thousands of ATMs across Canada through THE EXCHANGE Network® and the U.S. through the Allpoint network
- Option for multiple authorization online banking
Community
Best suited for local clubs and charitable non-profit organizations that enhance our communities.
$0/month
- Up to 30 debit/credit transactions ($0.85 each thereafter)
- Five free Interac e‑Transfers® ($1.50 each thereafter)
- Surcharge‑free withdrawals at thousands of ATMs across Canada through THE EXCHANGE Network® and the U.S. through the Allpoint network
- Option for multiple authorization online banking
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
Debit cards for everyday payments
FirstOntario business debit cards offer a simple, secure, and flexible way to access your money.
Earn rewards for business spending
Unlock flexible, rewarding spending power with FirstOntario Visa* business credit cards.
Online and mobile banking
Access your business accounts 24 hours a day through online and mobile banking.
