Ratesopedia

Pros & Cons

Pros

Cons

  • Limited transactions

Current Promotion

The Scotiabank Right Size Account for Business is designed on a pay-as-you-go basis. The basic fee is $6 per month, plus a per-transaction fee that decreases with volume:

  • 1-15 transactions: $1.25 per transaction
  • 16-50 transactions: $1.15 per transaction
  • 51 transactions and more: $1.00 per transaction

Account Features

  • E-StatementNot included
  • Unlimited TransactionsNot included
  • Unlimited Interac e-TransfersNot included

Terms and conditions

  • Convenience – Bank on your terms with online access
  • Reduced costs – Only pay for the transactions you make
  • Improved cash flow – No deposit fees on payment processing and get funds the next day with Chase Merchant Services.*

Related Accounts

*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Scotiabank. All trademarks are property of their respective owners.