Business Operating Account
Built to handle all of your day-to-day banking, this account delivers great value and can help you grow your business. It's also the ideal complement to our Business Savings+ Account.
1 Deposit Anywhere is available with the IC Savings Mobile Banking App. Cheques deposited with this free service are subject to a five-day hold. Only Canadian dollar items can be deposited.
2 Deposits include those completed only at an IC Savings ATM as well as electronic funds transfers. Deposits should not be made at ATMs on THE EXCHANGE® or ACCULINK® networks as these will be returned. Electronic funds transfers include debit card and credit card debits processed through a POS terminal (payments provider) and credited to this account.
3 Conditions apply with cash deposit and cash supply services; fees may apply depending upon cash volumes. Speak with your branch team for complete details.
4 Surcharge fees are not incurred on a single-signature account when the Member Card® debit card is used at ATMs on THE EXCHANGE® or ACCULINK® networks across Canada. The Member Card® debit card is not available on multi-signature accounts.
5 Withdrawals are subject to ATM limits.
6 There may be additional fees when using another financial institution's ATM.
7 One free debit transaction for every $500 of the lowest balance of each month. Otherwise, $0.75 will apply for each cheque and pre-authorized payment thereafter.
8 One free debit transaction for every $500 of the lowest balance of each month. Otherwise $0.60 will apply for each point-of-sale purchase (withdrawal) thereafter.
9 Where self-serve is defined as a transaction made without branch assistance and through online and mobile banking or at an IC Savings ATM.
10 Statements are provided complimentary to members for the current month and are archived in online banking for a period of seven years. Fees will apply to requests for statements dating beyond 90 days and will be calculated as outlined under Records Search on the Accounts Services page.
Member Card® is a registered certification mark owned by Credit Union Central of Canada, and is used under license.
Deposit Anywhere is a registered trademark owned by Central 1 Credit Union and is used under license.
THE EXCHANGE® is a registered trademark licensed for use in Canada by Ficanex Service Limited Partnership.
Interac and Interac e-Transfer are registered trade-marks of Interac Corp. Used under license.
