Start banking your way

With HSBC Small Business banking you can manage and track your business transactions through mobile and online banking, receive support from a dedicated HSBC Business Relationship Manager and enjoy a tailored banking solution that fits your business.

Until December 6, 2019, open a chequing account and receive a $300 welcome bonus. In addition you can benefit from these offers for HRSA and HSBC Unlimited Chequing products:

  • Earn 1.9% total interest rate on all Canadian deposits in a Canadian Currency HSBC Small Business High-Rate Savings account1 until November 30th, 2019. 
  • Earn 1.75% total interest rate on all USD deposits in a US currency HSBC Small Business High-Rate Savings account1 until November 30th, 2019.
  • Plus, no monthly fees on a HSBC Unlimited Chequing account until December 31, 20192.

Choose the Chequing Account that best suit your needs.

What you need to know before applying:

  • To open an account, your business must qualify for HSBC Small Business Banking1 
  • Make sure you’re comfortable with the fees and service charges relating to the account you choose. You can refer to our fee guide.
  • This tool requires a minimum of one chequing account be opened. If you are looking for other products, please get in touch with one of our Small Business Relationship Managers. 
  • Ensure you have an ability to scan documents on the device/computer you are using to complete the journey.

HSBC Start Chequing

A low fee option for businesses just starting out.
 

  • $5 monthly fee 
  • 10 transactions per month 
  • Deposit fees:
    ‒ Cheques: $0.20 each
    ‒ Cash: $2.50 per $1,000 deposited / month



HSBC Smart Chequing

Best for businesses that require additional transactions each month.

  • $30 monthly fee 
  • 60 transactions per month 
  • Deposit fees:
    ‒ Cheques: First 45 included,
    then $0.20 each
    ‒ Cash: First $5,000 included,
    then $2.50 per $1,000 deposited / month

HSBC Unlimited Chequing

A great plan with all the benefits of the smart account plus enjoy unlimited transactions.

  • $60 monthly fee
  • Unlimited transactions per month 
  • Deposit fees:
    ‒ Cheques: First 100 included,
    then $0.20 each
    ‒ Cash: First $15,000 included,
    then $2.50 per $1,000 deposited / month

View full details regarding our products and related fees and service charges.

Some of our fees will be changing effective December 2, 2019. Find out more about our fee changes.

Multiple ways to get you started

More reasons to bank with us

 

Apply and get a decision quickly to receive funding with HSBC eCreditTM. Whether you’re looking to manage expenses or grow your business, we have a number of credit and lending tools you can tap into.

 

Support to manage your business cash flow. HSBC helps you accept various payment choices so you can easily receive funds from customers and make payments to vendors, all while tracking your transactions.

 

As a business credit card designed for small businesses, the HSBC BusinessVantage® Mastercard® has features tailored to suit your business needs.

*Bonus available for new HSBC Small Business Customers. Other terms and conditions apply. Issued by HSBC Bank Canada.

Terms and conditions* apply. Annual interest rate paid out on all balances less than CAD $10 million in the account and subject to change. Interest is calculated daily on the daily closing balance and paid monthly.

Terms and conditions* apply. Annual interest rate paid out on entire balance in the account and subject to change. Interest is calculated daily on the daily closing balance and paid monthly.

2 See Section 2 of the Terms and conditions which apply to the HSBC Unlimited Chequing Account offer.

HSBC eCredit is a registered trademark of HSBC Holdings plc, used under license by HSBC Bank Canada.