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.

More benefits for you and your business:

  • Open any HSBC Small Business chequing account and receive a $300 welcome bonus1
  • Have your monthly account fee waived on up to 5 HSBC Small Business chequing accounts when you meet the minimum Total Relationship Balance (TRB).  Check the minimum TRB needed in the account packages below or refer to our important documents page for full details
  • Earn 1.30% total interest rate on all Canadian deposits in a Canadian Currency HSBC Small Business High-Rate Savings account2. 
  • Earn 0.90% total interest rate on all USD deposits in a US Currency HSBC Small Business High-Rate Savings account3

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 Banking2 
  • 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 
  • Minimum TRB: $10,000
  • 10 transactions per month 
  • Deposit fees:
    ‒ Cheques: $0.20 each
    ‒ Cash: $2.50 per $1,000 deposited / month



Apply online

HSBC Smart Chequing

Best for businesses that require additional transactions each month.

  • $30 monthly fee 
  • Minimum TRB: $60,000
  • 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

Apply online

HSBC Unlimited Chequing

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

  • $60 monthly fee
  • Minimum TRB: $120,000
  • 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

Apply online

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

View important documents related to our products and services.

Business Chequing Accounts 

Expanded press enter to Collapse Collapsed press enter to Expand

Business Savings Account 

Expanded press enter to Collapse Collapsed press enter to Expand

Multiple ways to get you started

Apply online Continue your application

Need to talk to us?

Book an appointment

1-877-955-HSBC (4722)

Come see us

Find a branch near you

More reasons to bank with us

Lending

 

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.

  Learn more about Lending

Payment Solutions

 

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.

  Learn more about Payment Solutions

HSBC BusinessVantage® Mastercard®

 

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

  Learn more about HSBC BusinessVantage Mastercard

Issued by HSBC Bank Canada

1 Issued by HSBC Bank Canada. Limited time offer until April 20, 2020. Bonus available for new HSBC Business Customers. Other terms and conditions apply.

2 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.

3 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.

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

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