B2B Bank
Chequing Account

Available to existing B2B Bank clients only.*

Chequing interest rates

Current interest rates1as of March 14, 2020

Rates as of March 14, 2020. All rates are subject to change at any time without prior notice. The applicable tier rate is paid on every dollar in the account. Interest rates are per annum. Interest is calculated daily on the closing balance and paid monthly on the last day of the month into the account.

ACCOUNT BALANCE INTEREST RATE
$0 - $49,999.99 0.00%
$50,000.00 - $99,999.99  0.00%
$100,000.00+ 0.00%

Fee schedule

Effective March 22, 2019

Download fee schedule

Banking fees

 
Monthly account fees Free
Send and receive an INTERAC e-Transfer®† Free
Cheque clearing Free
Electronic fund transfers Free
Transfers between B2B Bank accounts Free
Pre-authorized deposits Free
Bill payments Free
INTERAC®† Debit3        Free
   

ATM access fees2

 
THE EXCHANGE®† Network ATMs  Free
Accel®† debit payments network ATMs (U.S. only)    Free2,3
INTERAC®† Network ATMs  $1.502
PLUS* Network ATMs (outside Canada)  $4.00 plus a 2.5%
foreign currency conversion fee2,4
   

Other fees

 
Cheque supplies Third party supplier fees apply.
Fees vary by quantity and style.
Stop payment with complete details  $12.50
Stop payment with partial details  $20.00
Bank draft $10.00
Early closure fee (within 90 days of opening) $25.00
Non-sufficient funds (NSF) $50.00
Returned items $5.00
Overdrawn interest rate 21% per annum5
   

Dormant annual account fees6

 
2 year to 9 year $25.00 per year
10 year $40.00
   

Record keeping

 
Monthly online statement Free
Monthly paper statement Free

 

Questions?

How can I deposit money into my chequing account?

You can deposit money into your chequing account by linking the account with your other financial institution, through an internal account transfer or by depositing cash or a cheque at an EXCHANGE® Network ATM.

Where can I access THE EXCHANGE®† Network ATMs?

Visit b2bbank.com/find-an-atm to find an ATM near you.

Need more information? Find an answer »

*The B2B Bank High Interest Savings Account (HISA), B2B Bank Chequing Account and non-registered B2B Bank GICs (purchased via onlinebanking.b2bbank.com) are only available to existing B2B Bank clients. Restrictions may apply.


B2B Bank Chequing Account rates as of March 14, 2020. All rates are subject to change at any time without prior notice. The applicable tier rate is paid on every dollar in the account. Interest rates are per annum. Interest is calculated daily on the closing balance and paid monthly on the last day of the month into the account.

2 Certain ATM operators, financial institutions and merchants may charge a convenience fee or a surcharge fee when using the INTERAC, PLUS, Accel or any other network other than THE EXCHANGE Network. These fees are not B2B Bank fees.
3 Foreign currency transactions made by debit card and any fees charged by the ATM provider are converted to Canadian dollars at the exchange rate set by FICANEX Services Limited Partnership and Fiserv EFT in effect on the date the transaction is processed. Any fee charged by the ATM or network operator after conversion to Canadian dollars will then be added. Since exchange rates fluctuate, the exchange rate applied to your account will usually differ from the exchange rate at the time of the transaction.
4Foreign currency transactions made by debit card and any fees charged by the ATM provider are converted to Canadian dollars at an exchange rate set by Visa International in effect on the date the transaction is processed. A fee of 2.5% of the transaction amount after conversion will be added, plus any fee charged by the ATM or network operator after conversion to Canadian dollars. Since exchange rates fluctuate, the exchange rate applied to your account will usually differ from the exchange rate at the time of the transaction.
5Interest is calculated daily on the closing overdrawn balance and charged monthly. Each month you will deposit an amount that will cover the monthly overdrawn interest.
6 Inactive account notices will be sent at two, five and nine years of inactivity. If inactive notice is acknowledged within 60 days, there is no charge. If the balance of the dormant account is less than the fee to be collected, the charges correspond to the remaining balance.

 

B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada. All fees are subject to applicable federal and provincial taxes when applicable and may change without prior notice.
 
®B2B BANK is a registered trademark of B2B Bank.
*PLUS is a trademark of Visa. Visa Int., used under license.
®†INTERAC, INTERAC e-Transfer and INTERAC Debit are registered trademarks of Interac Corp. Used under license.
®†THE EXCHANGE is a registered trademark of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership.
®†Accel is a registered trademark of Fiserv, Inc. or its affiliates.