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Small Business
Small Business Banking
Alterna recognizes that your business or community-based organization needs a financial partner that’s behind you all the way.
Regardless of the size of your business or organization we can always help you find smarter financial ways to achieve your goals.
We offer a range of products and services including chequing and savings accounts, unique banking packages, cash management and payment solutions made especially for your business to grow.
Business Chequing Banking Packages
Business
Basic
Perfect for a low but consistent number of monthly transactions.
Features:
- Monthly day-to-day transactions: 15
- Monthly fee: $10
Business
Value
Ideal for a moderate number of monthly transactions.
Features:
- Monthly day-to-day transactions: 50
- Monthly fee: $28
Business Premium
Great for active business account users.
Features:
- Monthly day-to-day transactions: 100
- Monthly fee: $55
Business Prestige
Specially designed for mid-to-large businesses with a high level of transactions.
Features:
- Monthly day-to-day transactions: 200
- Monthly fee: $100
Business Pay as you go
Ideal for low or occasional users.
Features:
- Monthly day-to-day transactions: Pay per use
- Monthly fee: $5
Contact us today and we can help you pick the right option for your needs.
or call us at 1.877.560.0100
Easy Access
- Deposits and in-branch cash deposits of up to $1,000 per day*
- Cheques
- In-branch withdrawals and transfers
- Your choice of monthly, quarterly or annual statements
- Surcharge-free Alterna ATM and EXCHANGE® Network withdrawals and transfers
Safe & Secure
- Pre-authorized payments
- Debit card transactions (point of sale)
- Convenient online, mobile and telephone banking
Business Service Fees
For detailed information on our current service fees and account features, refer to:
Payment Processing
Build your business with Alterna Savings Merchant Payment Solutions. In partnership with Global Payments, a leading provider of payment technology, our payment solutions enable you to seamlessly accept any form of payment from anywhere at any time.
Sign up with Global Payments and receive:
- $0 rental fees for the first 3 months or
- $200 discount off terminal purchase
- $0 terminal set-up & shipping fees ($150 savings)
- 2.0% for card present
- 2.45% card not present
- $0.07 flat rate for Interac Debit Transactions (this includes Tap contactless)
Promo Code - CA-2024-Alterna Small Business Bundle Campaign
Ways to Bank
Your business may also need...

Accounts
Whether you own a start-up, small or medium business or commercial business, we can help you find the best bank account for your needs. Alterna business accounts are tailored to support your day-to-day needs and help your business grow.

Borrowing
If you’re an entrepreneur or small business owner looking for the right financial products and services to help you grow and manage your business, we’ve got what you’re looking for.

Investing
Whether you’re running a business or an organization, as an Alterna member, you can rest easy knowing your money is working hard for you. We focus on helping you create and preserve your wealth, so you can focus on making your business or organization grow.

Cash Management
Need help managing your cash flow? We offer flexible cash flow management options to help you run your business more efficiently - receive payments, pay vendors/government, deposit cash and replenish ATM cash.

Wealth Solutions
Alterna Wealth provides comprehensive financial management specifically designed for small and medium businesses. As stewards of your capital, we manage your investments with integrity and responsibility – always with your best interests in mind.
Find out how we can help your business grow
* Each deposit transaction counts towards the day-to-day transactions included in your package.
Your financial well-being comes first
Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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