Cross-Border Business Solutions (Canada/U.S.)

Simplify your business transactions between Canada and the U.S. with our made-to-measure solutions designed to help you grow your business.

1-844-413-5613 (toll-free)

Simplify your U.S. banking

Carry out all your USD transactions from an account held in the U.S.
Protect your business from exchange rate fluctuations
Optimize your cash conversion cycle by managing payables and receivables more effectively
Deposit your US dollar cheques from wherever you are
Process payments easily through the Automated Clearing House (ACH) network (electronic funds transfers)
Eliminate delays and cross-border mailing fees
Pay U.S. income tax from your U.S. account
Access the USD financing market
Obtain cross-border financing and standby letters of credit

Simplify your transactions with one of our USD accounts

As a National Bank client, you can open a USD chequing account for your banking needs.

Three types of USD accounts available

Demand Deposit Account (DDA)
Zero Balance Account (ZBA)
Restricted Zero Balance Account (RZBA)

Table of USD account features

Features	Demand Deposit Account	Zero Balance Account (ZBA)	Restricted Zero Balance Account (RZBA)
Issue cheques	✓	✓	✓
Deposit cheques	✓	✓
Make wire transfers	✓	✓
Receive payments by wire transfer or ACH transfe	✓	✓
Daily wire transfer for all transactions from the account in the United States to the USD account in Canada		✓
Wire transfer per item to the USD account held in Canada			✓
Account linked to a USD account in Canada or a National Bank loan in the United states		✓	✓
Account protected by credit approval granted by National Bank¹		✓	✓
Available via Fund$Manager	✓	✓	✓

Features	Demand Deposit Account (DDA)	Zero Balance Account (ZBA)	Restricted Zero Balance Account (RZBA)
Issue cheques	✓	✓	✓
Deposit cheques	✓	✓
Make wire transfers	✓	✓
Receive payments by wire transfer or ACH transfer	✓	✓
Daily wire transfer for all transactions from the account in the United States to the USD account in Canada		✓
Wire transfer per item to the USD account held in Canada			✓
Account linked to a USD account in Canada or a National Bank loan in the United states		✓	✓
Account protected by credit approval granted by National Bank¹		✓	✓
Available via Fund$Manager	✓	✓	✓

Download the US demand deposit account

Manage your transactions remotely with Fund$Manager

Do most of your banking online thanks to Fund$Manager, our electronic platform for clients with accounts in the U.S.

Fund$Manager² modules

You can choose the Fund$Manager modules that best suit your needs.

Account Information³

Check your account balance
View your transactions and transaction history
Access your eStatement
View double-sided images of issued cheques

Wire Manager

Process all your domestic and international wire transfers individually or in batches
Implement up to nine authorization levels to make a wire transfer
Increase levels of control for optimal tasks segregation

ACH Originations

Process credits and debits electronically, by transaction or by batch (payroll, dividends, interest and other recurring or one-time payments)
Implement up to nine authorization levels to use ACH
Reduce your company's administrative fees by eliminating manual tasks and mailing costs related to printing and sending cheques

Digital Deposit

Get flexibility by depositing your US dollar cheques from your workplace^{4, 5}
Scan your cheques anytime and get same-day deposit to your account⁶
Download our best practices guide which will help you determine the controls you want to put in place for your business

Remittance Manager

Automatic processing of payments sent by mail
Offer clients the option of sending their payment to a U.S. address with a PO box in Atlanta, Chicago, Dallas or Los Angeles
View payments received throughout the day (lockboxes are emptied more than 14 times a day)
Accelerate your cashflow
Reduce costs related to processing and handling cheques

Positive Pay

Compare the information on issued cheques (cheque number and amount) with the data captured during cheque processing
Reduce the risk of fraud: items that do not match are flagged as potentially fraudulent.

Stop Payments

Issue a stop payment on a cheque

Connect to Fund$Manager

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Find out more

Reduce exchange rate risk

Discover our solutions to help you manage exchange rate risk

Would you like to guarantee your payments to the U.S.?

Find out about our documentary credit

Are you looking for a simple, effective way to do business with U.S. companies?

Learn more about our wire transfers and intercurrency multipayment service solutions

^TMBUSINESS CENTRAL is a trademark of National Bank of Canada.

¹ Subject to credit approval by National Bank.

² For more information on service fees, please contact your Account Manager.

³ You need this module to add other modules.

⁴ Conditions and fees apply.

⁵ You’ll have to purchase a scanner at your own expense from our supplier Paystation or from a supplier of your choice.

⁶ Deposits received after 3 p.m. (EST) will be deposited to the account in the next 2 business days. The bank reserves the right to apply the hold funds policy.