Business Essential
Operating Account
Take advantage of this low-fee account with a pay-as-you-go approach that enables you to only pay for the transactions you make.
We know every dollar counts when your running a business. That’s where our Business Essential Operating Account comes in. It’s an affordable, low-fee account with a pay-as-you-go approach, meaning you to only pay for the transactions you make.
Key Features
- Account Fees: The monthly account fee is $6 and you to only pay for what you use with $1.25 per specified debit transaction.
- eStatements: Electronic statements are free and accessible through digital banking. If you prefer paper statements, there’s no additional charge.
- Free Deposits: It’s always free to deposit money using our mobile app, ATMs, Interac e-Transfer® or in-branch.
- Interac e-Transfer: Interac e-Transfers cost $1.50 each, plus $1.25.
- Deposit Guarantee: The deposits of Encompass Credit Union members are 100% guaranteed by the Credit Union Deposit Guarantee Corporation and the Province of Alberta.

Account Details
- Account Fee: $6.00/month
- Minimum Monthly Balance: N/A
- # of Free Debits per Month: 0
- Per Item Debit Fee: $1.25
- Paper Statements: No charge
- In-Branch Deposits: Unlimited; no charge
- Deposit (Any Credit Union): Unlimited; No Charge
- Inquiry (Any Credit Union): Unlimited; No Charge
- Bill Payments (Any Credit Union): $1.50/bill; plus $1.25
- Transfer (Any Credit Union): $1.25
- Withdrawal (Any Credit Union)*: $1.25
- Withdrawal (other Financial Institution)*: $1.50; plus $1.25
- Withdrawal (International)*: $3.00; plus $1.25
- AFT (Automated Funds Transfer): $1.25
- Cheque: $1.25
- Direct Payment / Point of Sale Purchase: $1.25
- In-Branch Cash Withdrawal or Transfer: $1.25
- In-Branch Bill Payment: $1.50/bill; plus $1.25
- Online Bill Payments: $1.25
- Inquiries: Unlimited; No Charge
- Loan Payments: $1.25
- Transfers (Immediate, Scheduled, Recurring): $1.25
- Receive Interac e-Transfer®: Unlimited; No Charge
- Send Interac e-Transfer®: $1.50/transfer; plus $1.25
- View Images of Cleared Cheques: Unlimited; No Charge
- eStatements: Unlimited; No Charge