Canada · business account opening planner

Prepare the account—before choosing the logo.

Clarify who owns the business, who can act, what documents the institution requires, and which payment controls matter. The planner stays in your browser and does not rank products using stale fees.

Build the private opening packetCheck CRA business structures
Opening packet

Resolve dependencies, then compare.

Do not enter a business name, business number, account number, owner, director, address, tax balance or expected revenue. Your choices are not transmitted.

Browser-private · aggregate stages only

Start with the legal structure you already use

This stays in your browser and can be changed in the first question below.
Verify the actual registered structure; do not pick the account first.
Requirements can differ by structure, ownership and institution.
Your private plan

Resolve before applying

    Bring or verify

      Compare these features

        Check CRA business-number guidanceCheck business direct deposit

        Bremo does not approve accounts or decide eligibility. This next step is an owned educational guide with no provider recommendation from this planner.

        This plan is general preparation, not legal, tax or financial advice. It does not verify beneficial ownership, signing authority, anti-money-laundering checks, account eligibility, deposit protection, credit, borrowing or provider terms.

        Compare the operating job

        Make the account earn its place.

        A low headline fee can still be a poor fit when the business needs cash deposits, dual approvals, wires, accounting access or a safe transition from an existing account.

        01 · control

        Map who can do what

        List view, payment, transfer and approval roles. Ask how access is added, reviewed and removed and whether two-person approval is available.

        02 · movement

        Model the real month

        Count deposits, bill payments, transfers, wires, cheques and cash activity, then compare included use and excess charges using current terms.

        03 · transition

        Move dependencies safely

        Inventory incoming payments, payroll, taxes, cards, subscriptions and supplier withdrawals. Confirm the new path before closing the old account.

        Corrected August 13, 2026: the previous page's malformed layout, invented fee table, unsupported bank rankings, categorical legal and audit claims, stale product descriptions, KOHO business-account claim, bonus code, personal-account promotions and pre-consent Google analytics were removed. No provider had authenticated those comparisons.
        Primary sources

        Verify structure and CRA dependencies.

        Reviewed August 13, 2026. Registration, tax-account, authority and institution requirements can change; current government and institution records control.

        CRA: corporationA corporation is a separate legal entity and has different tax and responsibility boundaries.CRA: sole proprietorshipCurrent structure information, including operating-name and cheque-processing context.Canada.ca: register a businessFederal, provincial and territorial registration routes, business numbers, permits and licences.CRA: business number and program accountsWhen a BN is needed and how program identifiers attach to it.CRA: direct deposit for businessesAuthority, account information, program-account and transition requirements.FCAC: opening an accountPersonal-account consumer guidance on identity, disclosure, fees and comparison; business-account requirements can differ.