Business
EQ Bank launches Business Account beta, a new banking solution to better serve small business owners
EQ Bank launches Business Account beta, a new banking solution to better serve small business own...
About this update from Eqb Inc
[{"type":"text","content":"\n\n\n\n EQ Bank launches Business Account beta, a new banking solution to better serve small business owners\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n EQ Bank Business Account transforms Canadian business banking with high interest, no fees, unlimited transactions* and access to Business GICs, supported by an entirely digital onboarding experience\n \n\n\n\n Beta phase of launch provides account access to existing EQ Bank customers\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Sept. 19, 2024\n \n\n /CNW/ - EQ Bank, the digital arm of\n \n Canada's\n \n Challenger Bank™ with a mission to drive change in banking and enrich people's lives, today announces the beta launch of its\n \n Business Account\n \n , a high-interest, no-fee everyday bank account uniquely designed to suit Canadian small business owners' banking needs. The EQ Bank Business Account is available to existing EQ Bank customers during the beta phase, with roll-out to all Canadian business owners expected in the coming months.\n \n\n\n\n\n\n\n\n\n \"Small businesses are the backbone of the Canadian economy, and they deserve better banking options. EQ Bank is proud to support entrepreneurs with a modern banking experience that addresses their unique needs,\" said\n \n Mahima Poddar\n \n , SVP and group head, personal banking, EQ Bank. \"The beta launch of our new Business Account offers traditionally underserved business owners a valuable platform that removes common pain points, such as high fees and complex, time consuming and in-person onboarding, and instead allows them to focus on what matters most – growing their business.\"\n \n\n Available today, the EQ Bank Business Account provides business owners with a new, innovative solution that addresses their specific needs by offering:\n \n\n\n Free unlimited transactions*\n \n\n Competitive 2.50% interest rate on the entire balance∞\n \n\n No fees – monthly, hidden or otherwise\n \n\n No minimum balance requirements\n \n\n Option to purchase EQ Bank Business GICs\n \n\n Full...