Cross-Border Banking (Canada/U.S.)

Simplify your business transactions between Canada and the U.S. with our made-to-measure solutions designed to help you grow your business.

Cross-border banking made easy

Get personalized assistance in English or French
Access your accounts online
Grow your business without having to register your company in the U.S

Hassle-free banking in the US

Open a National Bank chequing account in the US for your cross-border banking needs.

Types of US business accounts

Basic Demand Deposit Account
Premium Demand Deposit Account

		Basic Demand Deposit Account View your account balance and see transactions online	Premium Demand Deposit Account Make and receive payments online and avoid FX fees with Fund$Manager, our online banking solution
	Monthly fee	$25 No monthly fee with an average balance of $25,000¹	$45 No monthly fee with an average balance of $75,000¹
	Personalized interest offer for accounts maintaining a minimum balance of $5 million ²	✓	✓
	Zero-balance option With our daily sweep feature, funds are automatically transferred from your US account to your Canadian USD account	✓	✓
Fund$Manager online banking services Essential modules
	View documents and track account activity	✓	✓
Fund$Manager online banking services Advanced modules
	Select the modules that best suit your needs: Payment Modules Digital Deposit Module Account Receivable Module Fraud Protection	x	✓
	The top choice for:	Businesses involved in e-commerce Businesses that make fewer transactions and are looking to issue cheques and receive US payments	Well-established businesses looking to manage and optimize their cash flow Businesses with a high volume of transactions looking to make and receive payments in the US

Do your business banking from almost anywhere with Fund$Manager

Do your banking online with Fund$Manager, our digital platform for clients with accounts in the US

Fund$Manager modules³

Choose the Fund$Manager modules you need and handle all your day-to-day banking yourself

Essential Modules⁴

Account Information

Check your account balance and transactions online
View transaction details and history
Access your eStatements
View double-sided images of issued cheques

Stop Payments

Issue stop payment on cheques

Payment Modules

Wire Manager

Easily transfer funds between your National Bank accounts in Canada and the US
Process domestic and international wire transfers individually or in batches
Choose up to nine authorization levels for wire transfers
Control authority levels for effective segregation of duties

ACH Originations

Process credits and debits electronically, per transaction or in batches (payroll, dividends, interest and other recurring or one-time payments)
Set up to nine authorization levels for ACH payments
Reduce costs related to printing, processing and handling cheques

Account Receivable Module

Remittance Manager

Transform your accounts receivable by making the shift from paper to digital
Get automatic processing of payments sent by mail
Offer your clients the option of sending their payments to a P.O. box in Chicago, Dallas or Los Angeles
View payments received throughout the day (lockboxes emptied frequently)
Accelerate your cashflow
Reduce costs related to processing and handling cheques

Fraud protection module

Positive Pay

Compare the information on issued cheques (cheque number and amount) with the data captured during cheque processing
Reduce fraud risk: any item discrepancies are flagged

Notification module

Alerts in real time

Always know what’s going on with your money
Learn if your balance drops below a selected threshold
Be informed when a deposit above the set threshold is made
Get peace of mind by detecting signs of fraud and irregularity in your transactions

Connect to Fund$Manager

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Reduce exchange rate risk

Discover our solutions to help you manage exchange rate risk

Would you like to guarantee your payments to the U.S.?

Find out about our documentary credit

Are you looking for a simple, effective way to do business with U.S. companies?

Learn more about our wire transfers and intercurrency multipayment service solutions

¹ If the daily sweep feature has been activated for an account, the exemption on monthly fees will no longer apply and you will not earn interest on credit balances in that account. Subject to credit approval by National Bank.

² Conditions and fees apply.

³For more information on service fees, please contact your Account Manager.

⁴This module is a prerequisite for the other modules.

⁵ You will need to purchase a scanner at your own expense from our supplier Paystation or from a supplier of your choice.

⁶Deposits received after 3:00 p.m. (ET) will be deposited to the account in the next two business days. The Bank reserves the right to hold funds policy.