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Business Money Market Account

Quick facts

  • Account type: checking account
  • Interest: accumulated daily and paid monthly
  • Service charge: $25.00 a month if minimum daily balance of $15,000 is not maintained
  • Insured deposits: up to $250,000 per depositor, per insured bank, for each account ownership category

Who should get this account?

Ideal to make the most of your business assets.

Features

Minimum opening deposit
$1,000
Minimum daily balance
$15,000
Check-writing privileges
Yes
Services included
  • Withdrawals, deposits, preauthorized payments, automatic transfers
  • Desjardins Bank Business Online Banking service (registration fees may apply)
  • Desjardins Bank Debit Card (conditional)
  • Transfers from high-yield accounts to another account or to third parties via preauthorized transfer, phone, computer, check, promissory note, debit card or other similar transactions to third parties: limit of 6 per monthly statement cycle.
Service charges
  • Monthly fees of $25 debited from account if minimum daily balance is not maintained
  • Service charge of $3 for each additional transaction after the 6 free transactions per month (transfers, account deposits)
  • Enrollment fee for Desjardins Bank Business Online Banking applies
  • Service charge of $3 for each additional transaction
    (withdrawals, checks paid, automated transfers or payments from the account) in excess of 6 transactions per monthly statement cycle.
Interest
Accumulated daily and paid monthly
Account statement
Monthly
Printed checks
At account holder's expense

How to get this product
At the branch At the branch