Prefer to do your banking electronically? Not really a “go to the branch” kind of business owner?
“ucubiz Virtual” is Ukrainian Credit Union Limited's business banking option for small businesses that typically do most of their banking transactions electronically. ucubiz Virtual will save you time and money.
Would you like to earn interest on your daily cash balances? ucubiz Virtual also pays daily interest at .25%, calculated on the daily closing balance and paid monthly at each month end.
- Zero “0” Monthly package fee
- No services charges for transactions processed by you, such as using UCU’s ATMs and the Exchange Network ATMs, electronic CREDITS, On-line Banking, Mobile Banking or Telephone Banking. Free On-line Bill payments!
- No minimum monthly balance requirement
- Two FREE in-branch banking transactions each month
- After the 2 free in-branch transactions, service charges will apply
- Service charges for transactions not described above will apply. Examples of chargeable items are cheques, point of sale debits (POS), electronic DEBITS, email money transfers, ATM withdrawal – other bank machine, mail deposits.
Business Overdraft Protection
Business overdraft protection of up to $5,000* is available on all ucubiz Virtual accounts. The personal guarantee must be provided by the sole-proprietor or principal of the corporation who has a minimum Beacon score of 725. Lesser limits may be approved based on creditworthiness of the principal.
Account holders can view statements on line and print statements for free. If a monthly statement with images of returned cheques is required, a $3.00/month charge will apply.
If you wish to upgrade your account to one with more features, please return to the ucubiz banking page.
*All credit requests are subject to credit approval. Limits up to $5,000 will be determined based on member’s request and UCU’s assessment of the application. Some conditions and restrictions may apply. Overdraft interest will be charged at Ukrainian Credit Union Limited’s Standard Overdraft Interest Rate.