Cool Tool of the Week: HSBC Fee-Free Business Bank Account

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Finally! One of our banks has come up with a business bank account that has no monthy fee!

The HSBC Business Direct Account may be just the business bank account you’re looking for if your Canadian small business doesn’t have a high volume of banking transactions and you have Internet access.

As you see in the page linked above, the HSBC Business Direct Account features include:

  • Unlimited free Business Internet Banking, ATM and Business Telephone Banking, including free transfers, bill payments and electronic deposits and withdrawals
  • 20 free cheques deposited per month
  • Write up to 20 cheques free per month

There are charges, of course, for services above what the account offers, but still, a business bank account with no monthly fee is something a lot of us have been looking for for a long time.

Cool Tool of the Week: HSBC Fee-Free Business Bank Account originally appeared on About.com Small Business: Canada on Sunday, January 31st, 2010 at 08:33:25.

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