Save time and money when managing your medical practice. Obtain sound business banking advice and special rates. Our business accounts will provide you with a low-cost alternative when compared to similar business banking solutions.
Physician Business Account1
As a physician, you have exclusive access to a no-fee interest-bearing operating account. MD Management and the National Bank designed this account to meet the needs of unincorporated and incorporated sole practitioner physicians. Benefits include:
- No monthly fees
- Interest-bearing at Prime less 3.5%
- Free Internet and telephone banking
- Can be electronically linked to the Physician Business Line of Credit
Physician Business Line of Credit1
Take advantage of the most flexible way to access funds for your professional needs. This revolving credit facility simplifies your banking. As a busy professional, you don't always have time to remember to move funds to and from your operating account. Each time your Physician Business Account has insufficient funds, 5% of your authorized line of credit limit is automatically moved to cover the deficit in your operating account. And if your operating account has a growing balance, your line of credit is automatically repaid in similar 5% increments. Nothing could be simpler. So you save time and money. Benefits include:
- Excellent rates - no need to negotiate
- Electronically linked to the Physician Business Account
- No monthly or annual fees
Contact your MD advisor for professional advice and a banking referral.
Email or call (1-866-333-2580) the MD Banking Service Centre at National Bank for additional product information.
