This website uses cookies to establish a secure connection and personalize your experience. By continuing you consent to the use of cookies. For more information and instructions on how to opt out of cookies, visit the Website Privacy Policy. If you choose to opt out this message will continue to appear.

Website Privacy Policy
  1. Home
  2. Accounts
  3. Savings
  4. CWB Business Trust Account

CWB Business Trust AccountTM

Our interest paying account for lawyers and realtors to hold trust funds.

Professional taking notes on tablet

CWB Business Trust AccountTM

A convenient and secure account for funds you’re temporarily holding as a trustee. Interest is remitted automatically on your behalf to the law or real estate foundation.

Learn more

What's included

Earn on any balance

No minimum investment required

No monthly fee

Earn interest automatically, with no monthly fee

Available in Canadian and US funds

Detailed reporting

Detailed month end statements for accurate record keeping


Rate
CWB Business Trust Account (CAD) interest rate 1.500%
CWB Business Trust Account (USD) interest rate 0.500%

Fees
Monthly fee
 $0.00
Electronic transactions1 Unlimited
Paper transactions2 Unlimited
Outgoing Interac e-Transfer® transactions $1.00
1Electronic transactions include: online bill payments and transfers, Automated Teller Machine (ATM) transactions, Interac Direct Purchase payments, electronic funds transfers, direct deposits, automatic payments, and other electronic debits and credits. For fee schedules for Cash Management Services, please contact your Relationship Manager or local CWB banking centre.
2Paper transactions include: cheque deposits, cheque withdrawals, in-branch deposits, withdrawals, bill payments and branch assisted transactions.
®Interac e-Transfer is a registered trademark of Interac Corp. Used under licence. 
Effective date: 18-Sept-2023

 

Connect with a Relationship Manager.

By submitting this form, you confirm your understanding and agreement with CWB’s Privacy Policy and Legal Disclaimer

Account selector

Calculators

Compare rates

Compare fees

See the complete listing of related service charges including payment and other sundry services.

logo for Canada Deposit Insurance Corporation - la Société d’assurance-dépôts du CanadaCanadian Western Bank is a member of the Canada Deposit Insurance Corporation (CDIC).