Desjardins Bank homeProducts and servicesBusiness accounts >  Business Money Market Account

Business Money Market Account

Quick facts

  • Account type: checking account
  • Interest: compounded daily and credited monthly
  • Service charge: $25 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 a Business Money Market account to another account or to third parties by preauthorized transfer, phone, computer, check, draft, 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
  • Enrollment and monthly fees for Desjardins Bank Business Online Banking applies
  • A per item fee of $3 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of 6 during a monthly statement cycle.
Interest
Compounded daily and credited monthly
Account statement
Monthly
Printed checks
At account holder's expense

How to get this product
At the branch At the branch