Review Your Costs Upfront: A Transparent Approach to Banking Fees
Most banks bury fees in bundled pricing — transaction charges, maintenance fees, and minimum balance penalties rolled into opaque monthly statements. We've seen clients at Big Five institutions paying $800/month in charges they couldn't identify. We publish ours instead. Below is our standard schedule — every line item, every charge, explained in plain language. Before you sign anything, you receive a personalized version calibrated to your transaction volume and relationship structure.
Keep More of What You Earn: Account & Transaction Fees
Standard fees for commercial operating accounts across all service tiers. Your personalized schedule may differ based on transaction volume and relationship structure. Clients processing 500+ transactions per month typically qualify for volume-adjusted pricing — we'll model this during your complimentary account review. Every fee below appears as a plain-language line item on your monthly statement. No bundled charges. No surprises.
| Service | Fee |
|---|---|
| Commercial chequing account (monthly maintenance) | $25.00/month |
| Additional sub-accounts (ZBA/disbursement) | $10.00/month each |
| EFT origination (per transaction) | $0.50 |
| Pre-authorized debit collection (per item) | $0.35 |
| Domestic wire transfer (outgoing) | $15.00 |
| International wire transfer (outgoing) | $30.00 |
| Cheque clearing (per item) | $0.25 |
| Online banking — multi-user access | Included |
| Account statements (monthly, digital) | Included |
| Paper statements (upon request) | $5.00/month |
Compare these with your current bank's fee schedule. Most clients discover they're paying 30–60% more than they realized once they itemize bundled charges. Béton Laurentien, a ready-mix concrete manufacturer processing 300+ supplier payments monthly, restructured their account with us and eliminated $68,000 in annual interest costs — partly because their previous fee structure was obscuring how much working capital was being consumed by transaction charges.
Fund Your Growth Faster: Lending Rates
Rates are indicative and subject to credit adjudication. Your actual rate depends on facility size, security structure, industry sector, and borrower profile. Nadia Ouellet-Kim, our VP of Commercial Lending, structures every facility around your revenue pattern — not a template. Credit decisions under $250K average 2.4 business days (measured across 2024–2025). Larger facilities: 5–8 business days. You deal with the same person from application through funding — we don't hand files between departments.
| Product | Rate Range |
|---|---|
| Operating line of credit (demand facility) | Prime + 1.00% to Prime + 3.50% |
| Term loan (fixed, 1–5 year) | 5.85% – 7.60% |
| Term loan (variable) | Prime + 0.75% to Prime + 2.50% |
| Equipment financing (secured) | 5.45% – 6.90% |
| Leasehold improvement loan | 6.10% – 7.25% |
Current Bank of Canada prime rate: displayed in real-time on your online banking dashboard. Revolving credit facilities are secured by accounts receivable, inventory, or general security agreements with margining formulas tailored to your receivable aging profile and inventory turnover. We offer structured repayment — seasonal, graduated, or bullet maturities — for businesses with non-linear revenue. Distribution Nordik Ltée saved $92,000 over the life of their $3.8M equipment facility by splitting into two tranches aligned to different asset lifecycles. That kind of structuring matters.
Put Your Reserves to Work: Deposit & GIC Rates
Tiered deposit rates designed so your operating reserves earn while they sit. Most commercial clients leave significant balances in non-interest-bearing chequing accounts because their bank never structured a sweep arrangement. Jonathan Firth, our Director of Treasury & Cash Management, designs deposit structures calibrated to your liquidity needs — automated sweeps move idle balances into interest-bearing accounts overnight and return them before your morning disbursements. Not a one-size shelf product. A cash management architecture built for how your money actually moves.
| Product | Rate |
|---|---|
| High-interest business savings ($0–$499K) | 3.15% |
| High-interest business savings ($500K–$1.49M) | 3.45% |
| High-interest business savings ($1.5M+) | 3.75% |
| 30-day cashable GIC | 3.05% |
| 90-day cashable GIC | 3.35% |
| 1-year non-cashable GIC | 3.85% |
| 3-year non-cashable GIC | 4.10% |
| 5-year non-cashable GIC | 4.25% |
One of our clients — an agricultural cooperative holding $1.2M–$3.5M in reserves — earned $47,000 in interest income in their first year with us. Their previous bank had generated $3,800. The difference wasn't a better rate alone — it was a proper deposit structure that matched their seasonal cash cycle, sweeping surplus balances into tiered savings and short-term GICs instead of letting them sit idle in a chequing account. Deposits held at CDIC-member institutions are eligible for deposit insurance coverage up to applicable limits. Ask us how we'd structure your reserves.
Stop Overpaying on Cross-Border Transactions: Trade Finance & Foreign Exchange
Institutional FX spreads, not retail branch markups. Forward contracts available up to 18 months in 30+ currency pairs. Amina Deschênes, our Manager of Trade Finance & FX, manages every trade file personally. She holds a Certified Documentary Credit Specialist (CDCS) designation and spent eight years at Export Development Canada before joining us in 2021. Whether you're issuing a letter of credit for a $500K machinery import or hedging quarterly USD outflows, the documentation chain from purchase order through bill of lading runs through a single point of contact.
| Service | Fee |
|---|---|
| Letter of credit issuance | 0.15%–0.25% of LC value (min. $250) |
| Documentary collection handling | $150 per collection |
| Bank guarantee | 1.00%–2.00% annually on guaranteed amount |
| Spot FX conversion | Mid-market + 0.15%–0.40% (based on volume) |
| Forward FX contract | No arrangement fee; spread embedded in forward rate |
Businesses converting $100K/month in USD through a retail branch typically pay $18,000–$30,000/year more than they would at institutional spreads. That's the spread difference between 1.5–2.5% at a retail branch and 0.15–0.40% through our FX desk. Riviera Professional Services Group, an engineering consultancy with $80K–$200K in monthly USD exposure, saved $31,000 annually after we restructured their FX approach with a dedicated USD operating account and a forward contract program covering 70% of predictable outflows. We show you the data — with your own transaction history — before you decide. Request an FX exposure analysis.
Control Spending Without Personal Guarantees: Corporate Card Program
Visa corporate cards with per-card limits, merchant category restrictions, and centralized billing. Monthly reporting with cost-center coding exportable to QuickBooks, Sage, or Xero — so your accounting team doesn't spend 20 hours a month on manual expense reconciliation. Each card can be configured with individual spending limits, approved merchant categories, and transaction thresholds. Dual-authorization is configurable per client for transactions above your chosen threshold.
| Item | Fee |
|---|---|
| Annual card fee (per card) | $50.00 |
| Late payment fee | $29.00 |
| Cash advance fee | 2.5% of amount (min. $5.00) |
| Foreign transaction fee | 1.5% of converted amount |
| Monthly reporting & cost-center coding | Included |
Secured card programs backed by GIC collateral are available — no personal guarantees required from shareholders. Carling Tech Solutions, an IT managed services firm that grew from 5 to 28 employees in three years, secured their entire card program with a $75K GIC. No shareholder personal guarantees. Their AP processing time dropped from 6.2 days to 1.8 days, and monthly expense reconciliation went from 20 hours to 5 hours. Ask us about the structure — we'll walk you through how it works for your team size and spending patterns.
See Why 97% of Clients Stay After Reviewing the Numbers
Fee transparency isn't just a philosophy — it's how we've built $186M in commercial credit facilities under management since founding in 2020. Here's what makes our approach different from what you're likely experiencing now.
Every Fee Published
You receive a complete, itemized fee schedule before signing any account agreement. Monthly statements use plain-language descriptions — not codes or bundled line items. You'll always know exactly what you're paying and why.
Personalized Pricing
Standard rates are starting points. Your personalized schedule reflects your actual transaction volume, relationship depth, and account structure. Clients with higher volumes or multi-product relationships typically qualify for meaningfully lower per-transaction costs.
Annual Fee Reviews
Your relationship manager reviews your fee schedule annually — not to raise prices, but to ensure your pricing still matches your usage. If your transaction patterns have changed, we adjust. If a lower tier makes sense, we tell you.
Your Personalized Fee Schedule Awaits
These are standard rates. Your personalized schedule may differ based on relationship volume and structure. 97% of our clients stay after seeing the numbers — because when you compare line-by-line, the math speaks for itself. Request your personalized estimate and we'll model it against your current banking costs.
Get a Personalized Fee EstimateImportant Disclosures
Deposit products offered through Lacroix Accesd Affaires Ltd. are structured through arrangements with CDIC-member financial institutions. Deposits held at CDIC-member institutions are eligible for deposit insurance coverage up to applicable limits.
Service fees may apply — see our complete schedule of fees for details. A copy of our fee schedule is provided to every client prior to account opening.
Lacroix Accesd Affaires Ltd. | Ontario Business Registration No. 1046782-9 | FINTRAC MSB Registration No. M20125847 | 706 Albert Street, Ottawa, Ontario K1R 7G5
Registered under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Supervised by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada). Operating in compliance with all applicable federal and provincial regulatory requirements.