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Businesses with annual revenue of $15 million or more or with overall borrowing requirements of more than $500,000 are defined as commercial banking clients by Scotiabank.
CFIB members are entitled to discounts of up to 20% on commercial banking monthly account and transaction fees.
|+||Up to 20% discount on monthly account and transaction fees|
- Commercial clients benefit from 10% reduction on monthly account and transaction fees, including fees for cash and coin deposits when a Scotiabank Business Interest Account is opened
- Add ScotiaConnect® electronic banking and receive an additional 5% off your monthly Business Interest Account transaction fees
- Add the Scotiabank VISA* Business Card program or the ScotiaLine® for business VISA card and receive another 5% off your Business Interest Account transaction fees, plus earn up to 1% cash back on business expenses charged to the VISA* Business Card.
|+||GIC-like returns on surplus balances|
|Add a Treasury Account and earn GIC-like returns on your surplus balances at no extra charge.|
CFIB members who meet the criteria for commercial banking have a designated Scotiabank Relationship Manager with whom they can discuss their needs.
If you’re already a Scotiabank commercial client, talk about CFIB benefits with your Commercial Relationship Manager. If you’re banking elsewhere, contact the Director for your region:
|+||Western Canada Region|
650 West Georgia St, 3rd Floor - P.O. Box 11502 Vancouver, BC
Phone: 778 327-6568
Fax: 604 668-2138
|+||Greater Toronto Area West|
100-2 Robert Speck Parkway - MEC
Phone: 905 276-1740
Fax: 905 276-4300
|+||Greater Toronto Area East|
|+||Quebec and Ottawa Region|
|Pierre Pichette, Director|
* VISA Int/Lic. User The Bank of Nova Scotia
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