CWB Canadian Western Bank

Cash Management Account

An all-in-one solution to manage your day-to-day operations

Our Cash Management Account offers:

  • The predictability of a flat monthly fee1 with a set number of free transactions included.
  • A tailored banking package with value-added product bundling options that will help you better manage your day-to-day banking.
  • Easy pairing with a CWB Business Savings Account for your Canadian or US Dollar funds your business does not immediately need for operations.

Open a new account and have your monthly fee waived for the remainder of the month..

  • Choose the package that best meets your business' needs.
  • Free transactions1 included every month with your monthly fee
  • Bundled cash management solutions help your business run efficiently
  • Competitive, tiered interest rates, so your business' money works for you until you need to use it
  • Online access to your accounts 24/7 with CWBdirect® Business Online Banking
  • Monthly online statements with cheque images
 Product When bundled with a Cash Management Account
CWBdirect Business Online Banking $25.00 monthly fee waived2
CWBdirect Online Banking $10.00 monthly fee waived 
Customer Automated Funds Transfer (CAFT), our electronic funds transfer tool $75.00 set-up fee waived 
 CWB Business Visa* Gold3
 $25.00 annual fee per card waived
 CWB Wire Service
Per wire fees are waived for the first three months4
Business Savings Account Unlimited free transfers in and 4 free transfers out per month. Available for Canadian or US funds.
Credit and debit card processing
Preferred pricing through our partnered payment solution provider, Payfirma
Depository Services $24.00 annual fee waived 
Coverdraft5 Fees waived 
  Small   Standard Large
 Monthly fee  $18.00  $40.00  $75.00
 Number of free transactions  22  50  100
 Paper debit and credit fee6  $0.90 per item  $0.90 per item  $0.85 per item
 Electronic debit and credit fee6
 $0.75 per item  $0.75 per item  $0.70 per item
$0 - $100,000 0.000%
$100,000.01 - $250,000 0.400%
$250,000.01 - $500,000 0.450%
$500,000.01 - $15,000,000 0.450%
$15,000,000.01 & Over 0.150%
Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account.

Effective date: 04-December-17
Posted rates available at branches only. All rates are per annum and are subject to change without notice.

1Applies to standard account fees, excludes sundry and set up fees. See the complete listing of related service charges including payment and other sundry services.
2Set-up fees for CWBdirect Business Online Banking may apply.
3Subject to approval, up to 5 cards.
4Free trial period begins the day your CWB Wire Service is activated.
5Subject to approval.
6Listed per item service fees apply once the free monthly transaction limit is exceeded.

Cash Management Bundle - Special offers December 9 -    January 12 

Package CWB

Free business banking + Special borrowing rates