Get the basics for business banking for just $6 a month.
You have a low amount of transactions per month.
You want to keep your business costs to a minimum.
You don't have time to visit a branch - you're too busy running your business.
From November 1, 2021, to November 21, 2021, the members of First West Credit Union voted on special resolutions that, among other things, authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached
Notice for further detail on what this change means to your deposits with First West.
†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.
|No interest is payable on the BizSimple Account as it is a non-interest bearing account|
In-branch withdrawal $1.25
The EXCHANGE® & ACCULINK® ATM withdrawal $1.25
In-branch transfer $1.25
In-branch bill payment $2.00
Interac® online payments $1.25
Interac® direct payment $1.25
Pre-authorized payment $1.25
Cheque clearing $1.25
Send Interac e-Transfer® $1.25
Request Interac e-Transfer® $1.25
Send Me-to-Me Transfer $1.25
Interac® ATM withdrawal $2.50
International ATM withdrawal* $5.00
|View our service fee guide
® Trade-Mark of Interac Inc. Used under licence
*In addition to the applicable service charges, you may be charged applicable fees (including commissions) by third parties and we may charge and earn commissions and revenue based on the difference between the applicable bid and ask rates for the currency and the rate at which the rate is offset in the market.
Here is everything you need to know about the term and conditions for this account.
Business Member Application—Unincorporated Association (PDF)
Business Member Application—Sole Ownership, Partnership, Corporation (PDF)
Business Member Application—Joint Venture (PDF)
Business Trust Account Application (PDF)