The government's eligibility criteria for the Canada Emergency Business Account (CEBA) have been expanded. Businesses operating with a personal account can now apply. However, according to the new program criteria, you must first open a business account. If you have a personal account with us, you can open a business account quickly.
Details that matter
Hold a personal account
You must have a personal account with National Bank for your business’s day-to-day transactions.
Where can I find the government simulation number required to open a business account?
Visit the government of Canada website to try a simulation for the emergency loan using the Pre-Screen tool. If you’re eligible, you’ll then obtain a simulation number.
Can I still open a business account if I don't have a personal account with National Bank?
Consult our account opening page to learn more about our business accounts or to submit an account opening application.
Little details that matter
The information on this page is current as of October 26, 2020. The federal program and National Bank's eligibility criteria related to this program may change. Consult the government website for details.