Skip to main content

Business Essential Chequing Account Disclaimers

Top of main content

Disclaimers for Business Essential Chequing accounts opened using digital banking

  1. Maintain a minimum $45,000 daily balance at all times throughout the calendar month. 
  2. Withdrawals include cheques, Coast Capital Savings® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, online, mobile, telephone banking and in-branch bill payments, in-branch transfers between Coast Capital Savings accounts, and in-branch withdrawals. Non-EXCHANGE® ATM fee: $2.50 each; additional fees may be charged by third parties as part of the transaction amount. International ATM Fee: $5.00 each plus 2% administration fee on transaction amount. International POS fee: $2.15 each plus 2% administration fee on transaction amount. The ‘transaction amount’ is the international ATM or POS payment instruction that we receive in Canadian Dollars and pay from your account to settle the transaction. The ‘transaction amount’ is converted to Canadian Dollars by third party participants in the electronic network used to process the transaction at rates that are not set by us. Third party fees or commissions may also be included in the transaction amount. 
  3. Deposits include in-branch deposits, pre-authorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
  4. Subject to approval of a Coast Capital Business Credit Card by Coast Capital’s credit card provider Collabria Financial Services inc., at its sole discretion. Up to $25 one-time rebate on the first year annual fee for eligible Coast Capital Business Credit Cards.  Eligible Credit cards include the Low Rate Business Mastercard® and World Elite® Business Mastercard .The fee rebate shall be applied directly to eligible Coast Capital Business Essential Account in the year the eligible Coast Capital Business credit card account, or Coast Capital Business Essential Chequing Account, or both are opened. Limit of one fee rebate per Coast Capital Business Essential Chequing Account. The eligible credit card account and Business Essential Chequing Account must be in good standing at the time the fee rebate is applied. Coast Capital may change, revoke, or end this offer at any time in its sole discretion and without further notice. 
  5. Subject to approval of service by Wagepoint Inc., at its sole discretion.  Up to $20 fee rebate per month to be applied to your Business Essential Chequing account when you maintain a Business Essential Chequing account in good standing and are a paying subscriber of a Wagepoint 2.0 Monthly Plan or Wagepoint 2.0 Unlimited Plan. Limit one fee rebate per eligible Coast Capital Business Essential Chequing account.
  6. Subject to approval. $50 one-time Payment Stream AFT set up fee rebate. Limit one fee rebate per eligible Coast Capital Business Essential Chequing account.