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  1. Small Business
  2. Solutions
  3. Business Advantage Account

CWB Business Advantage AccountTM for small business

Give your small business an advantage with this all-purpose operational account

two small business owners in a tablet

CWB Business Advantage AccountTM

Easily manage transactions and avoid fees with this low-cost account. With unlimited online transactions and up to 60 paper transactions a month, this is a great option for owners looking to maintain their operations with little to no hassle.

Explore the CWB Business Advantage Account and let your small business flourish!
Our best account for businesses that manage most of their banking digitally. Get unlimited electronic transactions, plus 60 free paper transactions at any CWB banking centre, all for one low monthly fee. Or skip the fee when you maintain a minimum monthly balance of $50,000 or more2.

What's included

View the features of the CWB Business Advantage AccountTM to see if it is the right fit for your business.
Online bill payments
Online transfers
ATM transactions
And more
$50,000 monthly balance
Cheque deposits
Cheque withdrawals
In-branch deposits
Branch-assisted transactions
And more
Monthly fee
Unlimited electronic transactions
60 free paper transactions
Interac e-Transfer®
required documentation
To apply for our small business accounts, you will need the following documentation ready:
  • Most recent tax return
  • Business registration documents
  • Corporate ownership document, CRA Schedule 50, or Corporate Share Registry
  • Emails and legal names of all additional signers or owners that own more than 25% of the business

Compare CWB business operating accounts

Features Business Current Account   CWB Business Advantage Account™  CWB Business Unlimited Account™ 
Monthly fee $5.00 minimum $35.00 $75.00
Minimum balance to waive monthly fee2 n/a $50,000 $100,000
Electronic transactions1 $1.00 per item
Unlimited Unlimited
Paper transactions3 $1.00 per item
60 per month Unlimited
Outgoing Interac e-Transfer® transactions
$1.00 per item Free Free

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.

2Monthly fee is waived if you maintain a minimum monthly balance of $50,000 or more in your account at the end of each day in the month. 
3Paper transactions include: cheque deposits, cheque withdrawals, in-branch deposits, withdrawals, bill payments and branch assisted transactions. The standard $1.00 fee applies for services and transactions exceeding the number of transactions included in the account package.
®Interac e-Transfer is a registered trademark of Interac Corp. Used under licence. 

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