Cannabis Banking Services
Alterna and the Cannabis Industry
Since 2016, Alterna has been working with regulated medical marijuana producers. As one of Canada’s first and leading financial institutions to support the cannabis industry, Alterna has continued to meet the needs of cannabis producers through products and services tailored to them. In addition to supporting producers, Alterna has crafted products and services designed to help retailers across Canada.
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Business Chequing Banking Packages
Perfect for a low but consistent number of monthly transactions.
- Monthly day-to-day transactions: 15
- Monthly fee: $10
Ideal for a moderate number of monthly transactions.
- Monthly day-to-day transactions: 50
- Monthly fee: $28
Great for active business account users.
- Monthly day-to-day transactions: 100
- Monthly fee: $55
Specially designed for mid-to-large businesses with a high level of transactions.
- Monthly day-to-day transactions: 200
- Monthly fee: $100
Business Pay as you go
Ideal for low or occasional users.
- Monthly day-to-day transactions: Pay per use
- Monthly fee: $5
- Deposits and in-branch cash deposits of up to $1,000 per day*
- In-branch withdrawals and transfers
- Your choice of monthly, quarterly or annual statements
- Surcharge-free Alterna ATM and EXCHANGE® Network withdrawals and transfers
Safe & Secure
- Pre-authorized payments
- Debit card transactions (point of sale)
- Convenient online, mobile and telephone banking
Ways to Bank
Your business may also need...
Whether you own a start-up, small or medium business or commercial business, we can help you find the best bank account for your needs. Alterna business accounts are tailored to support your day-to-day needs and help your business grow.
If you’re an entrepreneur or small business owner looking for the right financial products and services to help you grow and manage your business, we’ve got what you’re looking for.
Whether you’re running a business or an organization, as an Alterna member, you can rest easy knowing your money is working hard for you. We focus on helping you create and preserve your wealth, so you can focus on making your business or organization grow.
Need help managing your cash flow? We offer flexible cash flow management options to help you run your business more efficiently - receive payments, pay vendors/government, deposit cash and replenish ATM cash.
Alterna Wealth provides comprehensive financial management specifically designed for small and medium businesses. As stewards of your capital, we manage your investments with integrity and responsibility – always with your best interests in mind.
* Each deposit transaction counts towards the day-to-day transactions included in your package.
Your financial well-being comes first
Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.