Business Account Fees
Libro offers accounts for business banking, with reliable and convenient services to meet your organizations needs. Our fees below outline applicable charges related to your banking activities.
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Business Chequing
| Service | Basic | Business 60 | Business 150 | Business Premium | Community |
|---|---|---|---|---|---|
| Monthly Fee | $6 (Waived with $10,000 minimum monthly balance.) | $30 (Waived with $30,000 minimum monthly balance.) | $75 (Waived with $100,000 minimum monthly balance.) | $125 (Waived with $45,000 minimum monthly balance) | $4 (Waived with $10,000 minimum monthly balance) |
| Transaction fees (per item) | $1 | $1 (60 free per month) | $1 (200 free per month, plus 1 free per $1,000 minimum monthly balance >$100,000) | Unlimited | $1 (30 free per month) |
| Transfers to loan payments, chequing, savings and investments | Free | Free | Free | Free | Free |
| Cash Deposits (monthly) | $1,000 included then $2.50 per $1,000 | $2,500 included then $2.50 per $1,000 | $5,000 included then $2.50 per $1,000 | $25,000 included then $2.50 per $1,000 | $1,000 included then $2.50 per $1,000 |
| Interac e-Transfer | $1.50 (5 free per month) | $1.50 (5 free per month) | $1.50 (10 free per month) | $1.50 (100 free per month) | $1.50 (2 free per month) |
| In-branch bill payment | $1 | $1 | $1 | $1 | $1 |
| Interac ATM withdrawal* | $1 (5 free per month) | $1 (5 free per month) | $1 (5 free per month) | $1 (5 free per month) | $1 (5 free per month) |
| Monthly online cheque viewing (free with paperless statements) | $10 | $10 | $10 | $10 | $10 |
| Certified cheque and drafts | $10 | $10 | $10 | $10 | $10 |
| Stop Payment Placement Fee | $10/set up fee ($5 per attempt) | $10/set up fee ($5 per attempt) | $10/set up fee ($5 per attempt) | $10/set up fee ($5 per attempt) | $10/set up fee ($5 per attempt) |
Other
| Service | Business investment savings | US business |
|---|---|---|
| Monthly Fee | $0 | $0 |
| Transaction fees (per item) | $2 (2 free debit transactions per month) | $0.95 (5 free per month) |
| Transfers to loan payments, chequing, savings and investments | $2 (2 free per month) | Free |
| Interac e-Transfer | $1.50 | N/A |
| In-branch bill payment | $1 | $1 |
| Interac ATM withdrawal* | $1 | N/A |
| Monthly online cheque viewing (free with paperless statements) | N/A | $10 |
| Certified cheques and drafts | $10 | $10 |
| Stop Payment Placement Fee | $10/set up fee ($5 per attempt) | $12/set up fee ($6 per attempt) |
*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.
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