Business Banking / Business Accounts / Business Cheque Account with Interest

Business Cheque Account with Interest

An interest bearing cheque account designed for business customers who regularly maintain a large balance and transact on the account less frequently.

Features:

  • Minimum balance of $100, 000.
  • Funds are at call and can be accessed at any time with no withdrawal restrictions
  • Accessed by Cheque, Internet & Mobile
  • Monthly statement (or as required) at no charge
  • Interest calculated daily and paid quarterly
  • Interest is paid at tiered rates

Benefits:

  • Credit interest paid on surplus funds
  • Interest rates are tiered, so the more a customer holds, the higher the interest rate (assuming their balance reaches the next tier)
  • Funds can be called on at any time
  • Easy access by cheque or internet
  • No statement fees

Account Opening Requirement

To open a Business Cheque Account with Interest you will need to fill in a Business New Account Opening Form and provide valid identification such as:

  • Current Passport
  • Birth Certificate
  • Current Drivers Licence
  • Marriage Certificate
  • Citizenship Certificate
  • Acceptable referees to BSP, etc.

Please view our Business Account Brochure for more information.

You must also be aware of:

  1. Deposit Terms & Conditions
  2. Customer Banking Agreement

Need help choosing an account?

Speak with someone from BSP today