Venn vs.
BMO
BMO may offer business banking solutions, but Venn takes it further with 1% cashback, no monthly fees, and multi-currency accounts. Manage all your finances in one place while saving on fees and FX costs. Get started for free.
Get StartedNo personal credit check or guarantee.
4.8
trusted by 4,000+ Canadian businesses

Featured by leading publications
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Compare Venn vs.
BMO
Physical corporate cards
Vault
BMO
Virtual corporate cards
Vault
BMO
Free accounts with no minimums
Vault
BMO
CAD, USD, GBP & EUR accounts
Vault
BMO
Spend controls
Vault
BMO
Automatic receipt collection
Vault
BMO
Expense management software
Vault
BMO
Simplified Accounting Software Integration
Vault
BMO
Required branch visits
Vault
BMO
Local transfers (ACH, SEPA, UK FPS)
Vault
BMO
Real Stories, Real Success
OUR PLATFORM
Top 3 reasons leaders pick Venn
Venn offers you a complete suite of finance products designed to save you both time and money

Multi-Currency Accounts
Set up accounts in CAD, USD, GBP and EUR. Become a local without managing multiple entities.
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Best FX Rates
Get the best FX rates in Canada. Zero hidden fees. Transparent rates. Save your business time and money.
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Accounting Integrations
Seamlessly integrate Venn with your accounting systems and consolidate your finance stack.
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Frequently asked questions
Everything you need to know about the product and billing.
Venn is the cheapest and easiest way to manage your business banking needs. We offer the best currency exchange rates in Canada, chequing accounts multiple currencies, domestic and international bank transfers, and a corporate Mastercard to manage all your spend. By signing up to Venn you automatically get:
- Accounts in Canadian dollars, US dollars, British pounds, and Euros
- Cheapest FX rates in Canada - Free domestic transfers (EFT, ACH, SEPA, FPS)
- A Mastercard Corporate card that gets you the same great FX rates
Transparency is key to us, that's why you'll find all of our fees listed on our pricing page: https://www.venn.ca/pricing
We don't charge many fees and for the fees we do charge you'll find them to be well below market rates. You also get paid to use Venn via our cashback on card purchases!
We're only able to support Canadian corporations for now. If you have a sole proprietorship, partnership, or non-Canadian corporation we won't be able to support it at this time.
Yes, we have a direct integration with QBO and Xero. We are working on more integrations very soon!
Join 4,000+ businesses banking with Venn today
Streamline your business banking and save on your spend and transfers today
No personal credit check or guarantee.
