Business Accounts

Regular Business Accounts

ServiceFees*
Bill Payments (Online) per item $1.25
Bill Payments (Over the Counter) per item $1.25
Cheque Clearing $1.25
Cheque Verification (Per Cheque) $5.00
In-branch Deposits $1.25
In-branch Withdrawals $1.25
Replace Deposit Book Fee $3.00
Pre-authorized (Electronic) Deposits $1.25
Interac® e-Transfer Incoming (Business) $1.25
Interac® e-Transfer Outgoing (Business) $1.25
Transfers (In-branch or Online) $1.25
Wires Incoming (CAD) $15.00
Wires Incoming (USD) $15.00
Wires Outgoing (up to $250,000) $30.00
Wires Outgoing (up to $1M) $50.00
Wires Outgoing (Over $1M) $80.00
HST Filings & Remittances $1.00

High-Risk Cannabis Retail Business (CRB) Accounts

ServiceCRB - Small Retail (<$1.0M Sales)CRB - Medium  (<$2.0M Sales)CRB - Large  (>$3.0M Sales)
Application (non-refundable) $1,000 $1,400 $3,000
Annual Review $1,000 $1,400 $3,000
Monthly Monitoring $500 $750 $1,500
Monthly Monitoring Breach/Late Fee $250/month $250/month $250/month
Bill Payments (Online) per item $1.25 $1.25 $1.25
Bill Payments (Over the Counter) per item $1.25 $1.25 $1.25
Cheque Clearing $1.25 $1.25 $1.25
Cheque Verification (Per Cheque) $5.00 $5.00 $5.00
Credit Check $25.00 $25.00 $25.00
Criminal Record Check (Canada) conducted at the discretion of Luminus Financial CU

$45.00/person

$45.00/person $45.00/person
In-branch Deposits $1.25 $1.25 $1.25
In-branch Withdrawals $1.25 $1.25 $1.25
Drafts $7.00 $7.00 $7.00
Replace Deposit Book $3.00 $3.00 $3.00
Pre-authorized (Electronic) Deposits FREE FREE FREE
Pre-authorized (Electronic) Withdrawals $1.25 $1.25 $1.25
Transfers (In-branch or Online) $1.25 $1.25 $1.25
Interac® e-Transfer incoming (business) $1.25 $1.25 $1.25
Interac® e-Transfer outgoing (business) $1.25 $1.25 $1.25
Wires Incoming (CAD) $15.00 $15.00 $15.00
Wires Incoming (USD) $15.00 $15.00 $15.00
Wires Outgoing (up to $250,000) $30.00 $30.00 $30.00
Wires Outgoing (up to $1M) $50.00 $50.00 $50.00
Wires Outgoing (Over $1M) $80.00 $80.00 $80.00
When cash is authorized $2.50 per $1000 $2.50 per $1000 $2.50 per $1000
When third-party cheque is authorized $0.05 per $1000 $0.05 per $1000 $0.05 per $1000

High Risk Business Accounts

High Risk Business Account Fees for:

  • Money Service Business (MSB)
  • Dealer in Virtual Currency (DVC)
  • Payment Service Provider (PSP)
  • Other High Risk Businesses
ServiceMSBDVCPSP & Other
Application (non-refundable) $7,000 $7,000 $7,000
Annual Review $7,000 $7,000 $7,000
Monthly Monitoring $1,500 $1,500 $2,500
Monthly Monitoring Breach/Late Fee $250/month $250/month $250/month
Bill Payments (Online) per item $1.25 $1.25 $1.25
Bill Payments (Over the Counter) per item $1.25 $1.25 $1.25
Cheque Clearing $1.25 $1.25 $1.25
Cheque Verification (Per Cheque) $5.00 $5.00 $5.00
Credit Check $25.00 $25.00 $25.00
Criminal Record Check (Canada) conducted at the discretion of Luminus Financial CU

$45.00/person

$45.00/person $45.00/person
In-branch Deposits $1.25 $1.25 $1.25
In-branch Withdrawals $1.25 $1.25 $1.25
Drafts $7.00 $7.00 $7.00
Replace Deposit Book $3.00 $3.00 $3.00
Pre-authorized (Electronic) Deposits FREE FREE FREE
Pre-authorized (Electronic) Withdrawals $1.25 $1.25 $1.25
Transfers (In-branch or Online) $1.25 $1.25 $1.25
Interac® e-Transfer incoming (business) $1.25 $1.25 $1.25
Interac® e-Transfer outgoing (business) $1.25 $1.25 $1.25
Wires Incoming (CAD) $15.00 $15.00 $15.00
Wires Incoming (USD) $15.00 Not Allowed Not Allowed
Wires Outgoing (up to $250,000) $30.00 $30.00 $30.00
Wires Outgoing (up to $1M) $50.00 $50.00 $50.00
Wires Outgoing (Over $1M) $80.00 $80.00 $80.00
When cash is authorized $2.50 per $1000 Not Allowed Not Allowed
When third-party cheque is authorized $0.05 per $1000 $0.05 per $1000 $0.05 per $1000

Special Business Accounts

ServiceSpecial Small Business Account - (Simple)

(<$5M Sales/Month)
Special Small Business Account - (Complex)

(>$5M Sales/Month)
Cheque Cashing Entity - >70% B2B and <30% B2C
Application (non-refundable) $3,000 $5,000 $3,000
Annual Review $3,000 $5,000 $3,000
Monthly Monitoring $500 $750 $500
Monthly Monitoring Breach/Late Fee $250/month $250/month $250/month
Bill Payments (Online) per item $1.25 $1.25 $1.25
Bill Payments (Over the Counter) per item $1.25 $1.25 $1.25
Cheque Clearing $1.25 $1.25 $1.25
Cheque Verification (Per Cheque) $5.00 $5.00 $5.00
Credit Check $25.00 $25.00 $25.00
Criminal Record Check (Canada) conducted at the discretion of Luminus Financial CU $45.00/person $45.00/person $45.00/person
In-branch Deposits $1.25 $1.25 $1.25
In-branch Withdrawals $1.25 $1.25 $1.25
Drafts $7.00 $7.00 $7.00
Replace Deposit Book $3.00 $3.00 $3.00
Pre-authorized (Electronic) Deposits FREE FREE FREE
Pre-authorized (Electronic) Withdrawals $1.25 $1.25 $1.25
Transfers (In-branch or Online) $1.25 $1.25 $1.25
Interac® e-Transfer incoming (business) $1.25 $1.25 $1.25
Interac® e-Transfer outgoing (business) $1.25 $1.25 $1.25
Wires Incoming (CAD) $15.00 $15.00 $15.00
Wires Incoming (USD) $15.00 Not Allowed $15.00
Wires Outgoing (up to $250,000) $30.00 $30.00 $30.00
Wires Outgoing (up to $1M) $50.00 $50.00 $50.00
Wires Outgoing (Over $1M) $80.00 $80.00 $80.00
When cash is authorized $2.50 per $1000 Not Allowed $2.50 per $1000
When third-party cheque is authorized $0.05 per $1000 $0.05 per $1000 $0.05 per $1000

Note: Certain restrictions apply depending on the business type. Please check with the branch staff.
View a listing of our Other Service Fees

Back to Service Fees

*Fees updated June 1, 2022