Manulife Bank business account
The Manulife Bank, created in 1993 as a subsidiary of Manulife Financial, is a top provider of innovative banking solutions in Canada. With an expanding network of branches and ATMs, it focuses on delivering exceptional customer service and personalized financial advice.
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How To Open a Business Account With Manulife Bank?
Unlike most Canadian banks, opening a business account at Manulife Bank requires personal contact with a representative. Steps include:
- Choose between a High-Interest Savings Account or a US Dollar High-Interest Savings Account.
- Select a preferred branch or location to visit.
- An advisor will contact you to discuss your business needs and recommend packages.
- Provide required documentation for verification.
- Contact hours: Monday-Friday 8 am-8 pm, Saturday-Sunday 9 am-5 pm.
Who Can Open a Manulife Bank Business Account?
Anyone with a business operation in Canada can inquire about eligibility. Note that requirements may vary for non-residents or depending on your business location. Contact a local representative for precise details.
Required Documents for a Manulife Bank Business Account
Required documentation varies by account type, business structure, and residency. Generally, you should prepare:
- Valid government-issued ID
- Business registration documents
Manulife Bank Business Account Fees
Here’s a summary of fees that Manulife Bank charge to a business account:
High-Interest Account
2.85% per dollar
USD High-Interest Account
0.20% per dollar
Introducing Remitbee Business Account
With Remitbee, carry out your business transactions hassle-free. Remitbee offers highly favorable CAD-USD exchange rates and a nominal conversion fee of 0.3% to 0.6%, helping you save up to $2,000. Benefits include:
- Send up to $100k
- Transfer for free for transactions above $500
- Instantly receive money
- Competitive exchange rates
- 100% money-back guarantee
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