Wave 1: Your business banking migration timeline
Find information about the migration of your business banking products and services
Edmonton Gateway Banking Centre
This page includes important information about your upcoming migration weekend. To help make this process as smooth as possible, refer to the sections below (before, during, and after migration).
For details about which activities you need to complete for a successful migration, please consult your Migration Letter.
Note that this information is specific to your business banking products and services currently held at CWB. If you hold other products with CWB Financial Group®, please watch for separate communications about how and when those products and services will transition.
- Before you migrate
- Migration weekend
- After you migrate
Before you migrate: Getting ready
Update your business’ contact information
If there have been recent changes to your contact information, reach out to your CWB Relationship Manager or local banking centre to make sure you receive all important communications during the transition period. We must have up-to-date contact information for a Primary Administrator who will be responsible for setting up online banking for your business.
Note: A Primary Administrator is a person authorized to bind your business in general banking matters with CWB.
Reminder: National Bank or CWB will never call, text or email you to ask for your banking information especially your one-time verification code, PIN, password, or sign-in credentials.
Visit National Bank’s Fraud prevention page for cybersecurity tips.
Read your Product and Service Migration Guide – Business
This step will help you keep track of how your current business banking products and services will transition to National Bank.
CWB Welcome Offer on your Everyday Business Banking
We are pleased to offer your business the following for at least 12 months:
- No monthly package fee
- No debit or credit fee on electronic transactions
- No fee on digital cheque deposits using ABM, mobile, or a scanner
- No service fee on some electronic payments such as government remittances
Find more offers and benefits that may apply to your specific products and services in the Product and Service Migration Guide – Business. We’ll notify you before any Welcome Offer period ends.
Set up online banking for business
Online banking at National Bank offers single sign-on access to any cash management services your business uses. Be sure to set up online banking prior to your migration weekend to ensure continued access for your users.
Reminder: Your Primary Administrator will start receiving digital enrollment instructions before your migration weekend. If you still haven’t received anything, don’t hesitate to contact us at the details listed at the bottom of the page.
Receive your National Bank debit card(s)
If you currently have an active CWB debit card, you will receive a new National Bank Business Client Card.
Reminder: National Bank debit cards can only be used after your business migrates. Continue using your CWB debit card(s) until then.
Provide instructions for any upcoming account decisions
If your business has actions or outstanding decisions to make around the time of your migration, such as maturing GICs or directing interest payments, reach out to us as soon as possible so we can process your request and ensure your preferences are in place.
Steps to take before your migration weekend
-
Online banking:
Retain copies of your CWB business banking information (account balances, numbers, names, etc.), and process any pending transactions before your migration weekend. -
Automated Banking Machines (ABM):
Make any necessary deposits or withdrawals prior to or following the temporary service outage hour. -
Interac e-Transfer®:
Outgoing transfers: send your transfers and remind recipients to accept them before your migration weekend to avoid resending them later. Pending transfers will be cancelled. You will have to resend the transfers from National Bank’s online banking after your migration.
Incoming transfers: accept incoming transfers to your CWB account before the cutoff date or wait to accept them in National Bank’s online banking after your migration weekend. -
Electronic Funds Transfer (CAFT):
Process any pending transactions in advance of the migration weekend. Any transactions scheduled during and after your migration weekend will be cancelled. Our onboarding team will contact you directly prior to migration to discuss how and when this service will migrate. -
CWB Wire Service (Convera):
Do not schedule transactions to occur during your migration weekend as these cannot be processed and will be cancelled. -
Corporate Remote Deposit Capture (cRDC):
Refer to your Online Banking Enrollment Guide for details about which information will automatically transition, or that you will need to manually set up.
For precise details about what to expect and any actions required on your part before your migration weekend, please consult your Migration Letter. If you’re part of the ongoing migration wave and haven’t received your letter yet, don’t hesitate to contact us in one of the ways indicated below.
Important:
Verify your scanner compatibility with information available in the Product and Service Migration Guide – Business.
Migration weekend: What to expect and what to do
During your migration weekend, certain products and services will be temporarily unavailable as they are migrated to National Bank. Once the migration is complete, your accounts will be available again as National Bank products.
We understand this may be disruptive for your everyday banking and appreciate your understanding while we securely move your information.
Important
-
For precise details about what to expect during your migration weekend, please consult your Migration Letter. If you’re part of the ongoing migration wave and you haven’t received your letter yet, don’t hesitate to contact us in one of the ways indicated below.
-
Services will gradually become unavailable during your migration weekend.
-
Remember that any transfers, bill payments and transactions scheduled during this time will be cancelled. You can either process them before your migration weekend, or you can reschedule them from National Bank’s online banking once your migration is complete.
After you migrate: Start banking with us
Please be advised that your local banking centres will be closed Monday, August 4 due to the Civic Holiday. While physical locations will not be available, all online banking services will be restored by the end of the day, at which time you will have full access to your National Bank products and services.
It’s now time to sign in to your online banking and download the mobile app!
Sign in and manage your online banking
Your online banking and mobile app access will now be available to all users that have been set up by your business’ Primary Administrator(s). You can now:
- Review your account information and configurations to confirm they’re set up appropriately for you to manage your business.
- Verify your account information, confirm access rights, set up payments and transfers between accounts that could not migrate, and notify payees/payors about your new account information.
- Outgoing Interac e-Transfer®: resend transfers from National Bank’s online banking.
- CWB Wire Service (Convera): complete your manual set-up, if necessary.
Activate your National Bank debit card(s)
You can activate your new National Bank debit card(s) and safely destroy and dispose of any CWB debit cards.
Discover your National Bank branch
Your local banking centre reopens as a National Bank branch, with our team available during the same business hours. Now that you’ve migrated, in-person banking activities can only be done from a National Bank branch.
® CWB Financial Group is a registered trademark of National Bank of Canada.
® Interac and Interac e-Transfer are registered trademarks of Interac Corp. Used under licence.
When will my other products migrate?
If you hold multiple products with any CWB Financial Group®, please see the full migration schedule to learn when each will migrate.
We’re here to help
Let’s stay in touch
Contact your Relationship Manager or local banking centre
Or call the National Bank Client Experience Centre at 1‑844‑394‑4494