Automated banking machines (ABMs)
Thanks to our network of more than 3,000 automated banking machines affiliated with THE EXCHANGE® network, you can access your money easily and perform various banking transactions such as deposits and transfers throughout Canada. You can pay your bills at any time using one of our Laurentian Bank automated banking machines in Quebec. You can also use your Laurentian Bank debit card to access your money at any automated banking machine affiliated with the Interac® and PLUS® network worldwide.
| ALL YOUR DAY-TO-DAY BANKING TRANSACTIONS8 AT YOUR FINGER TIPS!† | ||||
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| Banking transactions | LBCDirect for Business | Automated banking machines (ABMs) | ||
| Informational access | Transactional access | Laurentian Bank | THE EXCHANGE® Network | |
| Access your account transaction history |
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| Assign informational or transactional access to various representatives of your company6,9 |
authorized signing officer |
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| Change your PIN |
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| Check the balance of your Laurentian Bank Visa card |
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| Check the balance of your mortgage, commercial loan, line of credit and other investment products |
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| Check your account balance |
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| Foreign currency deposits (US$)1, 2, 3 |
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| Fund deposits and withdrawals in Canadian dollars |
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| Government tax returns and remittances |
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| Interac e-Transfer®4,5 |
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| Pay bills |
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| Transfer between your Laurentian Bank accounts |
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| Transfer your transaction history to financial management software (e.g. QuickBooks, Acomba) |
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| View your current bills |
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| View your various statements* (Banking, line of credit) |
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* 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 transactions can be carried out through the LBCDirect Business phone service. To enable this, the authorized signatory must contact us to make an access request.
Online banking transaction
LBCDirect Business is available on desktop, mobile and tablet browsers. LBCDirect Business will adjust to the screen size of all your devices.
Two types of access are available with our electronic services:
- Informational access
- Transactional access6,9
If you have authorized users who are not entitled to perform transactions on the accounts, you could give them informational access only. Access is delegated by the company’s authorized signing officer.6
| Find an ABM | |||
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| Laurentian Bank | THE EXCHANGE® Network | Accel® Network (U.S.) |
Allpoint® Network (U.S.) |
Please note that if you do not hold a Business or Business Performance package or if you exceed the deposit amount included in your package, the following deposit fees apply:
| Cheque deposit into your current Business account (CA $) | $0.20 per item |
| Cheque deposit (US $) into your Day by Day Plus account (US $) | US $0.25 per item |
Cash deposit
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$2.15 for each $1,000 $2.50 for each $1,000 |
| Deposit of rolled coins | $2.15 for each $100 |
THE EXCHANGE® and Accel® Networks are registered trademarks of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership.
Interac® e-Transfer is a registered trademark of Interac Corp. Used under licence.
Legal notice
† Some restrictions may apply.
- If an Instrument is in a currency other than the currency of the Account, and the Instrument is to be credited to or debited from the Account, you agree that we may convert the Instrument at the applicable currency conversion rate established by us at our discretion for such purpose. We are not responsible for any losses related to foreign currency conversions, including those resulting from a change to our currency conversion rates between the date an Instrument is converted by us and the date the Instrument is processed or returned.
- Foreign currency deposit (US$) made at a Laurentian Bank ABM 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 automated banking machine. The maximum hold on funds for a deposit or transfer made at a Laurentian Bank ABM is five (5) business days for cheques in Canadian dollars and twenty (20) business days for cheques in American currency. Funds from deposits made at THE EXCHANGE® Network ABMs may be held for a maximum of five (5) working days.
- Some restrictions apply. Transfer limits (sending): $3,000 per transaction, $10,000 per 7-day period and $20,000 per 30-day period. Transfer limits (receiving): $10,000 per transaction, $25,000 per 7-day period and $50,000 per 30-day period. Interac® 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 a 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. Refer to the My Transaction Tools guide for information on applicable charges.
- 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.
