Laurentian Bank: Laurentian Bank of Canada.
Interac e-Transfer® is a registered trademark of Interac Corp. Used under licence.
THE EXCHANGE® is a registered trademark of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership.
If an Instrument is in a currency other than the currency of the Account, and the Instrument is to be credited to or debited from the Account, you agree that we may convert the Instrument at the applicable currency conversion rate established by us at our discretion for such purpose. We are not responsible for any losses related to foreign currency conversions, including those resulting from a change to our currency conversion rates between the date an Instrument is converted by us and the date the Instrument is processed or returned.
Foreign currency deposit (US$) made at a Laurentian Bank ATM equals three banking transactions. Contact your branch advisor or your Business Centre coordinator to choose the package best suited to your banking habits.
Laurentian Bank withholds funds on the amount exceeding the daily limit (personalization rating) associated with your debit card when you deposit cheques and commercial instruments into your account at an ATM. The maximum hold on funds for a deposit or transfer made at a Laurentian Bank ATM is five (5) business days for cheques in Canadian dollars and twenty (20) business days for cheques in US dollars drawn from an American financial institution. Funds from deposits made at THE EXCHANGE® Network ATMs may be held for a maximum of five (5) working days.
Some restrictions apply. Sending transfer limits: $3,000 per transaction, $10,000 per 7-day period and $20,000 per 30-day period. Receiving transfer limits: $25,000 per transaction. Interac e-Transfer fee of $1.00 is non-refundable. Withdrawal fees not included if you do not have a package or if you exceed the number of monthly transactions included in your package.
Interac e-Transfer sent and accepted Request Money transactions fee of $1.00 is non-refundable. Withdrawal fees not included if you do not have a package or if you exceed the number of monthly transactions included in your package.
Authorized signing officers who act along with other signatories must have informational access only, except with a formal agreement that allows us to issue transactional access.
Deposit limits may vary depending on the ATM operator.
Transaction or administration charges may apply depending on your banking plan or account features. For information on applicable charges, refer to the guide, My Transaction Tools (PDF, 186 KB).
For an account that requires signatures of two or more signatories, all operations conducted through LBCDirect Business online or by phone will be carried out by one of the authorized signatories.
Laurentian Bank ATMs do not accept US dollar bills and other foreign currencies. Only Canadian bills and cheques in US and Canadian currency are accepted.
It is not possible to add a new payee at a Laurentian Bank ATM. To perform this transaction, log in to your LBCDirect Business account or contact Client Services at 1-800-522-1846.
It is not possible to pay a bill with a variable reference number at a Laurentian Bank ATM. To perform this transaction, log in to your LBCDirect Business account or contact Client Services at 1-800-522-1846.
This service is available to clients with an account where only a single cardholder’s signature is needed to carry out transactions.
Funds from deposits or transfers made at THE EXCHANGE® Network ATMs may be held for a maximum of five (5) working days. It is not possible to perform fund withdrawals or transfers with an account that requires more than one cardholder signatures to carry out transactions.
Loan statements are not available in LBCDirect Business. You will receive a paper statement instead. For banking statements, if your company receives paper statements with remitted cheques, you can view your monthly transactions by using the historical transaction functionality within LBCDirect Business.
Some restrictions may apply.