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Open a U.S. chequing account with YNCU

Keep your U.S. dollars in U.S. dollars. Write cheques and pay American vendors from one low-cost account built for Ontario businesses.

  • Flat fees
  • Pay-as-you-go transparency
Trusted by 65K+ members
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Balance required

$0

Monthly fee

$5

Flat fee

Made for Ontario businesses competing across borders

  • Close up of a leather black buckle on a backpack
    Transparent

    Zero hidden FX markups

  • Man-30-in-green-jacket
    Zero hassle

    Pay US vendors directly

  • Stripe
    Protected

    100% safe and secured funds

$0 balance requirement. Flat rates.

Comparison table
FeaturesYNCU U.S. ChequingBig 5 banks
Monthly account fee$5 USD (Flat and predictable)$0 - $1.90 USD / month
Minimum balance requirement$0 (Your account stays open)$0 to $1,500 USD
Included monthly transactions5 free / month0 to 1 free / month
Additional transaction costs$0.75 USD per additional transaction$1.00 to $1.26 USD per additional
US dollar cheque writingFully enabled U.S. physical booksPhysical USD cheque books
Incoming USD wire transfersSupportedSupported

Calculate CAD and USD conversion rates

What you'll need to open a US chequing account for your business in Ontario

  • Business proof

  • Signatory IDs

  • Payment platform

  • Custom tools

  • Ownership info

Glad you asked

Commonly asked questions

Manage your business on the go from your phone

Monitor your Canadian operating cash flow and your US Dollar balances inside a single, digital banking workspace. Transfer capital and track cleared US cheques without leaving your desk.

Download our mobile banking app.

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