Account in euros
If you plan to receive or send funds in euros, we suggest you open a euro account with Laurentian Bank, so you don’t need to convert amounts into Canadian dollars until you decide to do so.
U.S. Bank US-dollar account
In order to make exchanges with your American customers easier and reduce payment times, Laurentian Bank offers a U.S. Bank US-dollar account to all client businesses with US-dollar accounts. This means you can deposit and cash cheques in US dollars through an American payment system, and your business can easily issue cheques drawn on the U.S. bank.
- An account statement listing cashed cheque numbers and amounts can be sent by fax or e-mail to simplify your account reconciliation
- Total amount of cashed cheques will be debited from your Laurentian Bank client account