CWB Canadian Western Bank

Cash Management Account

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

zero on teal background

Our Cash Management Account offers:

  • The predictability of a flat monthly fee1 with a set number of free transactions included.
  • Easy pairing with a CWB Business Savings Account for your Canadian or US Dollar funds your business does not immediately need for operations.

  • 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

When you bundle your Cash Management Account with Customer Automated Funds Transfer, CWB Wire Service, or a CWB Business Visa, you gain access to the following bundling benefits:

 Product Bundling benefit
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
 CAD Business Savings Account Unlimited free transfers in and 4 free transfers out
per month.
 CDIC Badge
 USD Business Savings Account Unlimited free transfers in and 4 free transfers out per month.
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 XL 
Monthly fee  $18.00  $40.00  $75.00  $150.00
Number of free transactions  22  50  100  250
Paper debit and credit fee6  $0.90 per item  $0.90 per item  $0.85 per item  $0.85 per item
Electronic debit and credit fee6
 $0.75 per item  $0.75 per item  $0.70 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: 21-May-19
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.
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. .