Business Account

Major financial institutions charge for almost every transaction associated with a business account. At Moya Financial, we want your business to do well because when you succeed, we do too. That’s why we offer many fee-free Business Services and our fee-for-service options are among the lowest cost in our industry.

 

Features

  • No monthly maintenance fees
  • No minimum balance required
  • Only $0.50 per cheque and debit
  • 24/7 access with free online and mobile banking
  • Free monthly e-statements available
  • Free monthly paper statements available

 

How do I open an account?

  • Make an appointment to visit us at any of our locations
  • Requirements include proof of personal and business identity:
    • Social Insurance Number and one of the following pieces of personal identification: Ontario Photo Identification Card (such as a Driver’s License), Canadian Birth Certificate or Passport, Nexus card or certificate of Canadian Citizenship, Permanent Resident card
    • Business identification according to business type

Sole Proprietor

  • Business License or Professional Practice License and HST registration (if applicable – i.e., services provided over $30,000 annually);
  • Personal identification including full legal name(s) and home address(es) of the sole proprietor.

Partnership

  • Business License or Professional Practice License and HST registration (if applicable – i.e., services provided over $30,000 annually);
  • Partnership Agreement;
  • Personal identification including full legal name(s) and home address(es) for each partner/signing officer.

Association

  • Constitution including names and titles of signing officers;
  • Personal identification including full legal name(s) and home address(es) for each signing officer.

Corporations

  • Personal identification including full legal name(s) and home address(es) for each signing officer;
  • Articles of Incorporation;
  • Beneficial Ownership Declaration for each owner holding 25% or more of corporation’s shares;
  • Full legal name of any Directors;
  • CRA registration number;
  • If franchise, franchise agreement;
  • Trade names and registrations.

Sometimes your needs don’t match our standard product and service offerings.
If that’s the case, you’re sure to find the right fit when you check out additional
options and rates for special requests in our Service Support Rates.

Please call our Main Branch if you’d like more information or visit us when you’re ready to open an account.