
Accounts
Accounts
Business Chequing Account
A basic business account that allows you to:
- Issue cheques and pre-authorized payments.
- Receive electronic payments.
- Make in branch deposits for same-day availability.
- Receive monthly statements for all account transactions.
Cash Management Account
A combination of loan and deposit services.
Loan Services
- Provides a line of credit to assist with the day to day operations of a business or First Nation.
- Credit limit established based on a percentage of the annual budget or proven cash flow.
- Credit limit subject to annual review and approval.
- Interest is calculated daily on the outstanding balance at the Peace Hills Trust prime rate plus an incremental percentage.
Deposit Services
- Issue cheques and pre-authorized payments.
- Receive electronic payments.
- Make in branch deposits for same-day availability.
Other Benefits
- Receive monthly statements for all account transactions.
- One-time, no penalty early redemption feature for Guaranteed Investment Certificates limited to 20% of the GIC amount.
Fees
- Annual operating fee charged as a percentage of the amount of the credit limit. Covers all transaction costs.
For more information about our business accounts and related services please contact your nearest Regional Office.