Business

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Business Accounts

No matter how big or small, we have accounts that are right for
your business.

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Choose your business account

Your Business Chequing

Pay-as-you-go ($4.00 Mo)

For business members who have low-volumes of transactions , we offer basic, straightforward, pay as-you-go account with a per transaction fees.

KEY FEATURES

PAY-AS-YOU-GO

YOUR Business 10

Monthly fee of $8.00

For business accounts with few transactions. 

KEY FEATURES
  • 10 Free transactions
  • Unlimited online banking and TeleService inquiries
  • Per item fee charged for each transaction in excess of 10 

YOUR Business 25

Monthly Fee: $17.00

For Businesses with regular transactions coming in and out. 

KEY FEATURES

 

  • 20 Free transactions
  • 2 Free E-Transfer withdrawals
  • Unlimited online banking and TeleService inquiries
  • Per item fee charged for each transaction in excess of 20 

YOUR Business 55

Monthly Fee $45.00

For accounts 1-2 deposits / withdrawals a day. 

KEY FEATURES
  • 55 Free transactions
  • 4 Free E-transfer withdrawals
  • Unlimited online banking and TeleService inquiries
  • Per item fee charged for each transaction in excess of 55 

YOUR Business 85

Monthly Fee: $65.00

For accounts with large amounts of usage. 

KEY FEATURES
  • 85 Free transactions
  • 8 Free E-Transfer withdrawals
  • Unlimited online banking and TeleService inquiries
  • Per item fee charged for each transaction in excess of 85 

Your Business 125

Monthly Fee: $99.00

The ultimate business account package.

 

KEY FEATURES
  • 125 Transactions included
  • 10 Included E-Transfer withdrawals
  • Unlimited online banking and Teleservice Inquiries
  • Transactions charged on a per-item basis above 125.
 
Please note that transactions conducted on your account may be subject to specific limits or restrictions that differ from the general transaction limits outlined in our account packages. These limits may vary depending on factors such as account type, transaction method, channel used, or applicable regulatory requirements. Certain transactions, particularly high-value or international transfers, may also be subject to additional verification or authorization procedures. iNova Credit Union reserves the right to amend or apply specific limits at its discretion without prior notice. For detailed information or clarification regarding your account’s applicable limits, please contact your branch directly.
 

Not sure which business account to choose?

We’ll be happy to help you pick the option that best suits your business needs.

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Bank for your business however works best

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On your mobile device

Take your business banking with you wherever you go using our mobile app on your smartphone or tablet.

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On your computer

Manage your business finances via online banking anytime, whether you're in office or relaxing at home.

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Using Deposit Anywhere™

Deposit cheques without the need to come in-branch. Simply snap a photo on your mobile device.

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Via 3,000+ ATMs

Use our Canada-wide ATM network to access the money you need whenever you need it - surcharge-free.

 
 

Merchant Services with Sonapay

Explore Sonapay offerings for merchant services.
 
 
 

Level up your financial know-how

Business planning guide

There's a lot to check off the list when starting a business. Here are some of the key things you should think about.

Why you need a business account

Whether it's a side hustle or a successful enterprise, it's important to keep your business and personal finances separate.

Get more genuine tips, tricks, and helpful resources on our Honest Money blog.