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 cash.
  • 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.

  • Bundled cash management solutions help your business run efficiently
  • Competitive, tiered interest rates
  • Monthly online statements with cheque images
  • Online access to your accounts 24/7 with CWBdirect® Business Online Banking
  • Two package options to choose from based on your transaction volumes
  • Monthly fee1 includes a set number of free transactions
 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 Wire Service
Per wire fees are waived for the first three months
CWB Business Visa* Gold3 $25.00 annual fee per card waived
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 
Coverdraft Fees waived 
   Standard Large
 Monthly fee  $40.00  $75.00
 Number of free transactions  50  100
 Paper debit and credit fee4  $0.90 per item  $0.85 per item
 Electronic debit and credit fee4  $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: 20-November-17
Posted rates available at branches only. All rates are per annum and are subject to change without notice.

Get started now

Stop by your local branch or call today to get started. One of our business banking specialists will be pleased to help you.

Find a branch near you
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.
4Listed per item service fees apply once the free monthly transaction limit is exceeded.