{"id":1025223,"date":"2023-10-10T13:14:38","date_gmt":"2023-10-10T17:14:38","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=1025223"},"modified":"2026-01-20T11:40:48","modified_gmt":"2026-01-20T16:40:48","slug":"venn-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/banking\/business-banking\/venn-review","title":{"rendered":"Venn business banking review"},"content":{"rendered":"<h3>Venn: The Basics<\/h3><p>These are the standard features to expect when you open a business account with Venn:<\/p><ul><li><strong>Multi-currency accounts.<\/strong> Venn lets you open bank accounts in CAD, USD, GBP and EUR, allowing you to send and receive payments as well as hold funds in the currency of your choice.<\/li><li><strong>Mastercard Corporate Card.<\/strong> With the Venn prepaid Mastercard, you can earn cashback on your corporate spending. Get a physical card and unlimited virtual cards to use anywhere Mastercard is accepted. The Venn card is protected by Mastercard\u2019s Zero Liability Policy.<\/li><li><strong>Payment options.<\/strong> You can send and receive payments with your Venn account using EFT, ACH, SEPA and UK Faster Payments.<\/li><li><strong>Real-time foreign exchange.<\/strong> Venn provides a real-time foreign exchange service so you can convert currencies in your account whenever you need.<\/li><li><strong>Accounting integrations.<\/strong> Venn offers integration with accounting software from QuickBooks and Xero to make it easy to manage your business finances.<\/li><li><strong>Team management.<\/strong> You can provide your employees with access to your Venn account, assign different access levels and limit the amount each team member can spend with a Venn card.<\/li><li><strong>Investments.<\/strong> Venn also offers access to GICs with interest rates of up to 5.25% and terms ranging from 30 days to five years.<\/li><\/ul><div class=\"must-read u-bg--purple-subtle u-rounded--lg\" data-component=\"must-read\">\n    <div class=\"must-read__block\">\n        <h4 class=\"must-read__title\">\n            <span class=\"must-read__title-icon\">\n                <svg width=\"32\" height=\"32\" viewbox=\"0 0 32 32\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n                    <path d=\"M26.9325 26.9998H5.0675C3.49 26.9998 2.5 25.3486 3.26625 24.0111L14.1988 5.02734C14.9863 3.65234 17.0138 3.65234 17.8013 5.02734L28.7338 24.0111C29.5 25.3486 28.51 26.9998 26.9325 26.9998Z\" fill=\"#B469FF\"><\/path>\n                    <path d=\"M29.6 23.5113L18.6688 4.52758C18.3956 4.06249 18.0056 3.67686 17.5375 3.40891C17.0694 3.14096 16.5394 3 16 3C15.4606 3 14.9306 3.14096 14.4625 3.40891C13.9944 3.67686 13.6044 4.06249 13.3312 4.52758L2.4 23.5113C2.13717 23.9612 1.99866 24.4728 1.99866 24.9938C1.99866 25.5148 2.13717 26.0265 2.4 26.4763C2.66966 26.9442 3.05896 27.332 3.52795 27.5997C3.99694 27.8675 4.52873 28.0057 5.06875 28.0001H26.9313C27.4708 28.0052 28.0021 27.8669 28.4706 27.5991C28.9391 27.3314 29.328 26.9439 29.5975 26.4763C29.8607 26.0267 29.9997 25.5152 30.0001 24.9942C30.0005 24.4732 29.8625 23.9614 29.6 23.5113ZM27.8662 25.4751C27.771 25.6376 27.6341 25.7719 27.4698 25.8642C27.3055 25.9564 27.1197 26.0033 26.9313 26.0001H5.06875C4.88034 26.0033 4.69446 25.9564 4.53016 25.8642C4.36586 25.7719 4.22904 25.6376 4.13375 25.4751C4.04743 25.3289 4.0019 25.1623 4.0019 24.9926C4.0019 24.8228 4.04743 24.6562 4.13375 24.5101L15.065 5.52633C15.1622 5.36455 15.2997 5.23068 15.4639 5.13773C15.6282 5.04479 15.8138 4.99595 16.0025 4.99595C16.1912 4.99595 16.3768 5.04479 16.5411 5.13773C16.7053 5.23068 16.8428 5.36455 16.94 5.52633L27.8713 24.5101C27.9568 24.6567 28.0015 24.8235 28.0006 24.9933C27.9997 25.163 27.9533 25.3294 27.8662 25.4751ZM15 18.0001V13.0001C15 12.7349 15.1054 12.4805 15.2929 12.293C15.4804 12.1054 15.7348 12.0001 16 12.0001C16.2652 12.0001 16.5196 12.1054 16.7071 12.293C16.8946 12.4805 17 12.7349 17 13.0001V18.0001C17 18.2653 16.8946 18.5197 16.7071 18.7072C16.5196 18.8947 16.2652 19.0001 16 19.0001C15.7348 19.0001 15.4804 18.8947 15.2929 18.7072C15.1054 18.5197 15 18.2653 15 18.0001ZM17.5 22.5001C17.5 22.7968 17.412 23.0868 17.2472 23.3334C17.0824 23.5801 16.8481 23.7724 16.574 23.8859C16.2999 23.9994 15.9983 24.0291 15.7074 23.9713C15.4164 23.9134 15.1491 23.7705 14.9393 23.5607C14.7296 23.351 14.5867 23.0837 14.5288 22.7927C14.4709 22.5017 14.5006 22.2001 14.6142 21.9261C14.7277 21.652 14.92 21.4177 15.1666 21.2529C15.4133 21.0881 15.7033 21.0001 16 21.0001C16.3978 21.0001 16.7794 21.1581 17.0607 21.4394C17.342 21.7207 17.5 22.1023 17.5 22.5001Z\" fill=\"#232320\"><\/path>\n                <\/svg>\n            <\/span>\n            <span class=\"must-read__title-text\">Must read: Vault rebranded to Venn<\/span>\n        <\/h4>\n        <div class=\"must-read__content\">\n            <p>In early 2025, Vault rebranded to become Venn. So if you used to be able to access Venn via its website, tryvault.com, you\u2019ll now be automatically redirected to its new site, venn.ca, where you can access all of the same business banking features as before.<\/p>\n        <\/div>\n    <\/div>\n<\/div>\n<h4>Venn account plans<\/h4><p>Venn offers three plans, all of which let you open accounts to receive, spend and transfer funds in multiple currencies. But exact transfer costs and account perks vary between plans:<\/p><div class=\"u-grid\"><div class=\"u-grid__col u-1\/3@s\"><article class=\"luna-card luna-card--border luna-card--stretch\"><div class=\"luna-card__block\"><h5>Essentials<\/h5><ul><li>Monthly fee: $0<\/li><li>Conversion fee: 0.45%<\/li><li>Local transfer: $2<\/li><li>International wire: $10<\/li><li>Highlights: Create up to 20 cards, Quickbooks and Xero integrations, GIC investments<\/li><\/ul><\/div><\/article><\/div><div class=\"u-grid__col u-1\/3@s\"><article class=\"luna-card luna-card--border luna-card--stretch\"><div class=\"luna-card__block\"><h5>Plus<\/h5><ul><li>Monthly fee: $40<\/li><li>Conversion fee: 0.35%<\/li><li>Local transfer: free<\/li><li>International wire: $8<\/li><li>Highlights: Custom user roles\/permissions, sub-accounts, automated receipt collection<\/li><\/ul><\/div><\/article><\/div><div class=\"u-grid__col u-1\/3@s\"><article class=\"luna-card luna-card--border luna-card--stretch\"><div class=\"luna-card__block\"><h5>Pro<\/h5><ul><li>Monthly fee: $100<\/li><li>Conversion fee: 0.25%<\/li><li>Local transfer: free<\/li><li>International wire: $6<\/li><li>Highlights: Instant payment clearing, priority live chat, dedicated manager<\/li><\/ul><\/div><\/article><\/div><\/div><h3>What are the benefits of Venn?<\/h3><ul class=\"list-1\"><li><strong>Easy application process.<\/strong> You can apply online for a Venn account in as little as five minutes.<\/li><li><strong>No monthly fee required.<\/strong> With a free Venn account plan, you can receive, spend and transfer multiple currencies, create up to 20 cards, integrate QuickBooks and Xero accounting software and more. Paid plans come with additional benefits.<\/li><li><strong>Manage multiple currencies.<\/strong> It\u2019s free to open accounts in different currencies, making it easy to pay suppliers and receive payments from customers wherever you do business.<\/li><li><strong>Send bank transfers in over 30 currencies.<\/strong> You can send payments from your Venn account in 36 currencies, allowing you to pay vendors in over 200 countries around the world.<\/li><li><strong>Mid-market exchange rate.<\/strong> When you convert currencies in your Venn account, you get the interbank exchange rate with no markup.<\/li><li><strong>Free local transfers (with a paid account).<\/strong> You won\u2019t pay transaction fees when sending EFT, ACH and SEPA transfers.<\/li><li><strong>1% cashback.<\/strong> You can earn 1% cashback on all Venn Mastercard Corporate Card purchases. Cash back is automatically paid out every month.<\/li><li><strong>Avoid foreign exchange fees.<\/strong> When you make a purchase in a foreign currency with your Venn card, the transaction currency is matched with the currency in your Venn balance to help you avoid foreign exchange fees.<\/li><\/ul><h3>What are the drawbacks of Venn?<\/h3><ul class=\"list-12\"><li><strong>Monthly fee for cheaper transfers.<\/strong> You\u2019ll have to pay monthly to unlock lower conversion fees, cheaper wire transfers and other advantages.<\/li><li><strong>Not for all businesses.<\/strong> Currently, Venn isn\u2019t available to businesses in Quebec or non-corporations like sole proprietorships and partnerships. (<a href=\"https:\/\/www.finder.com\/ca\/banking\/business-banking\/best-business-bank-accounts-for-sole-proprietorships\">Compare bank accounts for sole proprietors here<\/a>.)<\/li><li><strong>International wire transfer fee.<\/strong> You\u2019ll need to pay a $6\u2013$10 fee to send an international wire transfer from your Venn account.<\/li><li><strong>Currency exchange fee.<\/strong> A 0.25%\u20130.45% fee applies when you convert from one currency to another in your Venn account.<\/li><li><strong>Additional card fee.<\/strong> While your first physical Venn card is free, additional cards attract a $10 fee.<\/li><li><strong>Can\u2019t accept credit card payments.<\/strong> You cannot use your Venn account to accept credit card payments.<\/li><li><strong>No mobile app.<\/strong> If you like to be able to manage your business finances on the go, Venn currently does not offer a mobile app.<\/li><li><strong>No phone support.<\/strong> There\u2019s no phone number listed on the Venn website.<\/li><li><strong>Not CDIC insured.<\/strong> Your deposits aren\u2019t covered by the Canada Deposit Insurance Corporation (CDIC) in the event that Venn becomes insolvent.<\/li><\/ul><h3>Compare other business banking accounts<\/h3>\n    \n\n<style>\n#toppicks { overflow-x: auto; 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background-color: #FFF;\"><\/span>\n                    \n                    \n                    <div class=\" has-padding-bottom-xsmall has-padding-top-small \" style=\"border-radius: 0.2em;\">\n                        <style>\r\n.table--success { width: max-content !important; }\r\n<\/style>\r\n\r\n\r\n<div aria-hidden=\"false\" class=\"rewards--element-container rewards--container sticky-cta \" data-product-id=\"ddef87d7-ca17-4ede-a4c6-991a25f5c077\" data-product-name=\"RBC Digital Choice Business Account\" data-niche=\"Business Banking\" data-provider-name=\"RBC\" data-rewards-campaign-name=\"\">\r\n\r\n\r\n\r\n\r\n\r\n\r\n    \r\n\t\t\t<a class=\"  luna-button luna-button--success  luna-button--fluid  \" style=\"text-wrap: wrap;\" title=\"Go to RBC\" rel=\"sponsored\" target=\"_blank\" href=\"https:\/\/www.finder.com\/redirect\/ca\/business-banking\/rbc-digital-choice-business-banking-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22ddef87d7-ca17-4ede-a4c6-991a25f5c077%22%2C%22product_name%22%3A%22RBC%2BDigital%2BChoice%2BBusiness%2BAccount%22%2C%22offer_id%22%3A%2223853%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.USFIN_REDIRECT_BUTTON%22%2C%22niche_code%22%3A%22CAFSA-BUS%22%2C%22position%22%3A%221%22%2C%22top_picks_lock_order%22%3A%220%22%2C%22post_id%22%3A%221025223%22%2C%22post_path%22%3A%22banking%252Fbusiness-banking%252Fvenn-review%22%2C%22post_country%22%3A%22ca%22%2C%22partial%22%3A%7B%22id%22%3A1730639%2C%22name%22%3A%22threepc%22%2C%22country%22%3A%22us%22%7D%7D\"> \r\n\t\t\t\t\r\n\t\t\t\t\tGo to site\r\n\t\t\t\t\r\n\t\t\t<\/a>\r\n\t\r\n\r\n  \r\n\r\n\r\n\r\n\r\n      \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n  \r\n\r\n\r\n\r\n  \r\n \r\n\r\n\r\n\r\n \r\n\r\n  <\/div>\r\n<style>\r\n.hidden-temp {  overflow: visible; }\r\n.back-cover { display:none; width: 100vw; height: 100vh; background-color:rgba(0,0,0,.5); position: fixed !important; z-index: 10; top:0; left: 0; }  \r\n.card-t { position: fixed !important; z-index: 11; text-align: justify; display: flex; justify-content: center; width: 100%; top: 50%; left: 50%;  transform: translate(-50%, -50%); }\r\n.terms-c { color: #0271e1; z-index:3; } \r\n.terms-c:hover { color: #1591fe; cursor: pointer;}\r\n.terms-card-r { border-radius: 14px; }\r\n\r\n\r\n  \r\n@media (max-width:481px)  { \r\n\/* .card-t { position: fixed; width: 80%; text-align: justify;  top: 30vw; left: 5vh; }\r\n .card-t { position: fixed; z-index: 11; text-align: justify;  }*\/\r\n }\r\n<\/style>\r\n  \r\n\r\n  \r\n<script>\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n    document.addEventListener(\"click\", function(event) {\r\n        const sendDataButton = document.getElementById(\"sendDataButton\");\r\n\r\n        \/\/ Check if the click was on the sendDataButton\r\n        if (event.target && event.target.id === \"sendDataButton\") {\r\n            event.preventDefault(); \/\/ Prevent default link behavior\r\n\r\n            \/\/ Ensure the button exists\r\n            if (sendDataButton) {\r\n                \/\/ Use dataset to get the data attributes\r\n                const nicheData = sendDataButton.dataset.nicheData || ''; \/\/ Fallback to empty string\r\n                const productData = sendDataButton.dataset.productData || ''; \/\/ Fallback to empty string\r\n                const fiUri = sendDataButton.dataset.fiUri || ''; \/\/ Access fiUri in camelCase\r\n                const psUri = sendDataButton.dataset.psUri || ''; \/\/ Access psUri in camelCase\r\n                const psGn = sendDataButton.dataset.psGn || ''; \/\/ Access psGn in camelCase\r\n                const tc = sendDataButton.dataset.tc || ''; \/\/ Access data-tc attribute\r\n\r\n                \/\/ Extract the category from the current URL\r\n                const currentUrl = window.location.href;\r\n                const urlParts = currentUrl.split('\/');\r\n                const category = urlParts.length > 4 ? urlParts[3] : ''; \/\/ Get the category from the URL\r\n\r\n                \/\/ Construct the new URL with query parameters, encoding each value\r\n                const newUrl = `https:\/\/www.finder.com\/about-us\/product-lander-test?niche_data=${encodeURIComponent(nicheData)}&product_data=${encodeURIComponent(productData)}&fi_uri=${encodeURIComponent(fiUri)}&ps_uri=${encodeURIComponent(psUri)}&ps_gn=${encodeURIComponent(psGn)}&category=${encodeURIComponent(category)}&tc=${encodeURIComponent(tc)}`;\r\n                \r\n                \/\/ Perform the redirect with the updated URL\r\n                window.location.href = newUrl;\r\n            }\r\n        }\r\n    });\r\n});\r\n<\/script>\r\n\r\n  \r\n\n                        \n                    <\/div>\n\n                    <div class=\"text-center\"> <\/div>\n\n                    \n                    \n\n                       <div style=\"display: none\">ddef87d7-ca17-4ede-a4c6-991a25f5c077-<\/div>\n\n\n                    \n\n\n\n\n\n                                            <div class=\"cardPros-text  pros-no-blue-lozenge \">\n                            <style>\r\n.list-1 li {\r\noverflow-wrap: break-word;\r\nwhite-space: normal;\r\npadding-bottom: 10px;\r\n}\r\n  \r\n.pro-engine { \r\nmin-height: 100px;\r\nmargin-top: 15px;\r\n}\r\n  \r\n@media (max-width:1001px) { \r\n.pro-section{\r\n\r\n\r\n}\r\n}\r\n  \r\n@media (max-width:1920px) { \r\n.pro-section{\r\n\r\n\r\n}\r\n}\r\n  \r\n.pro-section-2 {\r\n\r\n}\r\n<\/style>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<div class=\"pro-section\">\r\n    <ul class=\"list-1 pros-a\" id=\"pros\">\r\n        \r\n            \r\n                 <li>Low $6 monthly account fee<\/li>\r\n            \r\n         \r\n            \r\n                 <li>Unlimited online transactions<\/li>\r\n            \r\n         \r\n            \r\n                 <li>Unlimited mobile and ATM cheque deposits<\/li>\r\n            \r\n         \r\n            \r\n                 <li>Sole proprietorships and corporations accepted<\/li>\r\n            \r\n         \r\n    <\/ul>\r\n<\/div>\n                        <\/div>\n                                    <\/div>\n\n                <div style=\"margin-top: 1rem; margin-right: 0.7rem;\">\n                    \n                <\/div>\n            <\/article>\n                                <article class=\"luna-card luna-card--shadow luna-card--stretch mastheadPick-item threepc-flex-item zoom topPicks__card-card\">\n                <div class=\"cardColoured-banner\" style=\"background-color: \" data-nbid=\"6f4b7efc-42b4-46b9-997e-867e25204496\">\n\n                                        \n                    <p class=\"card-topText\" style=\"height:fit-content\">\n                                                    Sign-up Offer\n                                            <\/p>\n                <\/div>\n\n                                \n                <div class=\"luna-card__block luna-card__topPick\">\n                    <figure style=\"margin: auto;\" class=\"noward\">\n                        <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.finder.com\/redirect\/ca\/business-banking\/airwallex-business-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%226f4b7efc-42b4-46b9-997e-867e25204496%22%2C%22product_name%22%3A%22Airwallex%2BBusiness%2BAccount%22%2C%22offer_id%22%3A%2225199%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.USFIN_IMAGE%22%2C%22niche_code%22%3A%22CAFSA-BUS%22%2C%22position%22%3A%222%22%2C%22top_picks_lock_order%22%3A%220%22%2C%22post_id%22%3A%221025223%22%2C%22post_path%22%3A%22banking%252Fbusiness-banking%252Fvenn-review%22%2C%22post_country%22%3A%22ca%22%2C%22partial%22%3A%7B%22id%22%3A1730639%2C%22name%22%3A%22threepc%22%2C%22country%22%3A%22us%22%7D%7D\" style=\"margin-bottom: 10px;\" title=\"Go to Airwallex\">\r\n\r\n  \r\n  \r\n\r\n<img decoding=\"async\" src=\"https:\/\/www.finder.com\/niche-builder\/66a934476d044.png\" loading=\"lazy\" alt=\"Airwallex logo\" class=\"luna-image compare-logo no-lazyload \" width=\"450\" height=\"250\" srcset=\"https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=1200 1200w, https:\/\/www.finder.com\/niche-builder\/66a934476d044.png?fit=1350 1350w\" sizes=\"(max-width: 1350px) 100vw, 1350px\">\r\n<\/a>\n                    <\/figure>\n\n                    \n                    \n                    \n                    \n                                            <span class=\"best-pagePromoted-span\" style=\"display: none; background-color: #FFF;\"><\/span>\n                    \n                    \n                    <div class=\" has-padding-bottom-xsmall has-padding-top-small \" style=\"border-radius: 0.2em;\">\n                        <style>\r\n.table--success { width: max-content !important; }\r\n<\/style>\r\n\r\n\r\n<div aria-hidden=\"false\" class=\"rewards--element-container rewards--container sticky-cta \" data-product-id=\"6f4b7efc-42b4-46b9-997e-867e25204496\" data-product-name=\"Airwallex Business Account\" data-niche=\"Business Banking\" data-provider-name=\"Airwallex\" data-rewards-campaign-name=\"\">\r\n\r\n\r\n\r\n\r\n\r\n\r\n    \r\n\t\t\t<a class=\"  luna-button luna-button--success  luna-button--fluid  \" style=\"text-wrap: wrap;\" title=\"Go to Airwallex\" rel=\"sponsored\" target=\"_blank\" href=\"https:\/\/www.finder.com\/redirect\/ca\/business-banking\/airwallex-business-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%226f4b7efc-42b4-46b9-997e-867e25204496%22%2C%22product_name%22%3A%22Airwallex%2BBusiness%2BAccount%22%2C%22offer_id%22%3A%2225199%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.USFIN_REDIRECT_BUTTON%22%2C%22niche_code%22%3A%22CAFSA-BUS%22%2C%22position%22%3A%222%22%2C%22top_picks_lock_order%22%3A%220%22%2C%22post_id%22%3A%221025223%22%2C%22post_path%22%3A%22banking%252Fbusiness-banking%252Fvenn-review%22%2C%22post_country%22%3A%22ca%22%2C%22partial%22%3A%7B%22id%22%3A1730639%2C%22name%22%3A%22threepc%22%2C%22country%22%3A%22us%22%7D%7D\"> \r\n\t\t\t\t\r\n\t\t\t\t\tGo to site\r\n\t\t\t\t\r\n\t\t\t<\/a>\r\n\t\r\n\r\n  \r\n\r\n\r\n\r\n\r\n      \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n  \r\n\r\n\r\n\r\n  \r\n \r\n\r\n\r\n\r\n \r\n\r\n  <\/div>\r\n<style>\r\n.hidden-temp {  overflow: visible; }\r\n.back-cover { display:none; width: 100vw; height: 100vh; background-color:rgba(0,0,0,.5); position: fixed !important; z-index: 10; top:0; left: 0; }  \r\n.card-t { position: fixed !important; z-index: 11; text-align: justify; display: flex; justify-content: center; width: 100%; top: 50%; left: 50%;  transform: translate(-50%, -50%); }\r\n.terms-c { color: #0271e1; z-index:3; } \r\n.terms-c:hover { color: #1591fe; cursor: pointer;}\r\n.terms-card-r { border-radius: 14px; }\r\n\r\n\r\n  \r\n@media (max-width:481px)  { \r\n\/* .card-t { position: fixed; width: 80%; text-align: justify;  top: 30vw; left: 5vh; }\r\n .card-t { position: fixed; z-index: 11; text-align: justify;  }*\/\r\n }\r\n<\/style>\r\n  \r\n\r\n  \r\n<script>\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n    document.addEventListener(\"click\", function(event) {\r\n        const sendDataButton = document.getElementById(\"sendDataButton\");\r\n\r\n        \/\/ Check if the click was on the sendDataButton\r\n        if (event.target && event.target.id === \"sendDataButton\") {\r\n            event.preventDefault(); \/\/ Prevent default link behavior\r\n\r\n            \/\/ Ensure the button exists\r\n            if (sendDataButton) {\r\n                \/\/ Use dataset to get the data attributes\r\n                const nicheData = sendDataButton.dataset.nicheData || ''; \/\/ Fallback to empty string\r\n                const productData = sendDataButton.dataset.productData || ''; \/\/ Fallback to empty string\r\n                const fiUri = sendDataButton.dataset.fiUri || ''; \/\/ Access fiUri in camelCase\r\n                const psUri = sendDataButton.dataset.psUri || ''; \/\/ Access psUri in camelCase\r\n                const psGn = sendDataButton.dataset.psGn || ''; \/\/ Access psGn in camelCase\r\n                const tc = sendDataButton.dataset.tc || ''; \/\/ Access data-tc attribute\r\n\r\n                \/\/ Extract the category from the current URL\r\n                const currentUrl = window.location.href;\r\n                const urlParts = currentUrl.split('\/');\r\n                const category = urlParts.length > 4 ? urlParts[3] : ''; \/\/ Get the category from the URL\r\n\r\n                \/\/ Construct the new URL with query parameters, encoding each value\r\n                const newUrl = `https:\/\/www.finder.com\/about-us\/product-lander-test?niche_data=${encodeURIComponent(nicheData)}&product_data=${encodeURIComponent(productData)}&fi_uri=${encodeURIComponent(fiUri)}&ps_uri=${encodeURIComponent(psUri)}&ps_gn=${encodeURIComponent(psGn)}&category=${encodeURIComponent(category)}&tc=${encodeURIComponent(tc)}`;\r\n                \r\n                \/\/ Perform the redirect with the updated URL\r\n                window.location.href = newUrl;\r\n            }\r\n        }\r\n    });\r\n});\r\n<\/script>\r\n\r\n  \r\n\n                        \n                    <\/div>\n\n                    <div class=\"text-center\"> <\/div>\n\n                    \n                    \n\n                       <div style=\"display: none\">6f4b7efc-42b4-46b9-997e-867e25204496-<\/div>\n\n\n                    \n\n\n\n\n\n                                            <div class=\"cardPros-text  pros-no-blue-lozenge \">\n                            <style>\r\n.list-1 li {\r\noverflow-wrap: break-word;\r\nwhite-space: normal;\r\npadding-bottom: 10px;\r\n}\r\n  \r\n.pro-engine { \r\nmin-height: 100px;\r\nmargin-top: 15px;\r\n}\r\n  \r\n@media (max-width:1001px) { \r\n.pro-section{\r\n\r\n\r\n}\r\n}\r\n  \r\n@media (max-width:1920px) { \r\n.pro-section{\r\n\r\n\r\n}\r\n}\r\n  \r\n.pro-section-2 {\r\n\r\n}\r\n<\/style>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<div class=\"pro-section\">\r\n    <ul class=\"list-1 pros-a\" id=\"pros\">\r\n        \r\n            \r\n                 <li>$500 sign-up offer<\/li>\r\n            \r\n         \r\n            \r\n                 <li>Multi-currency global accounts<\/li>\r\n            \r\n         \r\n            \r\n                 <li>FX &amp; payout to 150+ countries<\/li>\r\n            \r\n         \r\n            \r\n                 <li>For registered Canadian corporations only<\/li>\r\n            \r\n         \r\n    <\/ul>\r\n<\/div>\n                        <\/div>\n                                    <\/div>\n\n                <div style=\"margin-top: 1rem; margin-right: 0.7rem;\">\n                    \n                <\/div>\n            <\/article>\n                                <article class=\"luna-card luna-card--shadow luna-card--stretch mastheadPick-item threepc-flex-item zoom topPicks__card-card\">\n                <div class=\"cardColoured-banner\" style=\"background-color: \" data-nbid=\"1687ee58-d261-446b-97c3-825f70d60e4e\">\n\n                                        \n                    <p class=\"card-topText\" style=\"height:fit-content\">\n                                                    Multi-currency\n                                            <\/p>\n                <\/div>\n\n                                \n                <div class=\"luna-card__block luna-card__topPick\">\n                    <figure style=\"margin: auto;\" class=\"noward\">\n                        <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.finder.com\/redirect\/ca\/business-banking\/loop-global-business-banking-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%221687ee58-d261-446b-97c3-825f70d60e4e%22%2C%22product_name%22%3A%22Loop%2BGlobal%2BBusiness%2BBanking%2BAccount%22%2C%22offer_id%22%3A%2223693%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.USFIN_IMAGE%22%2C%22niche_code%22%3A%22CAFSA-BUS%22%2C%22position%22%3A%223%22%2C%22top_picks_lock_order%22%3A%220%22%2C%22post_id%22%3A%221025223%22%2C%22post_path%22%3A%22banking%252Fbusiness-banking%252Fvenn-review%22%2C%22post_country%22%3A%22ca%22%2C%22partial%22%3A%7B%22id%22%3A1730639%2C%22name%22%3A%22threepc%22%2C%22country%22%3A%22us%22%7D%7D\" style=\"margin-bottom: 10px;\" title=\"Go to Loop\">\r\n\r\n  \r\n  \r\n\r\n<img decoding=\"async\" src=\"https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png\" loading=\"lazy\" alt=\"Loop logo\" class=\"luna-image compare-logo no-lazyload \" width=\"450\" height=\"250\" srcset=\"https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=1200 1200w, https:\/\/www.finder.com\/niche-builder\/65089e0fc3719.png?fit=1350 1350w\" sizes=\"(max-width: 1350px) 100vw, 1350px\">\r\n<\/a>\n                    <\/figure>\n\n                    \n                    \n                    \n                    \n                                            <span class=\"best-pagePromoted-span\" style=\"display: none; background-color: #FFF;\"><\/span>\n                    \n                    \n                    <div class=\" has-padding-bottom-xsmall has-padding-top-small \" style=\"border-radius: 0.2em;\">\n                        <style>\r\n.table--success { width: max-content !important; }\r\n<\/style>\r\n\r\n\r\n<div aria-hidden=\"false\" class=\"rewards--element-container rewards--container sticky-cta \" data-product-id=\"1687ee58-d261-446b-97c3-825f70d60e4e\" data-product-name=\"Loop Global Business Banking Account\" data-niche=\"Business Banking\" data-provider-name=\"Loop\" data-rewards-campaign-name=\"\">\r\n\r\n\r\n\r\n\r\n\r\n\r\n    \r\n\t\t\t<a class=\"  luna-button luna-button--success  luna-button--fluid  \" style=\"text-wrap: wrap;\" title=\"Go to Loop\" rel=\"sponsored\" target=\"_blank\" href=\"https:\/\/www.finder.com\/redirect\/ca\/business-banking\/loop-global-business-banking-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%221687ee58-d261-446b-97c3-825f70d60e4e%22%2C%22product_name%22%3A%22Loop%2BGlobal%2BBusiness%2BBanking%2BAccount%22%2C%22offer_id%22%3A%2223693%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.USFIN_REDIRECT_BUTTON%22%2C%22niche_code%22%3A%22CAFSA-BUS%22%2C%22position%22%3A%223%22%2C%22top_picks_lock_order%22%3A%220%22%2C%22post_id%22%3A%221025223%22%2C%22post_path%22%3A%22banking%252Fbusiness-banking%252Fvenn-review%22%2C%22post_country%22%3A%22ca%22%2C%22partial%22%3A%7B%22id%22%3A1730639%2C%22name%22%3A%22threepc%22%2C%22country%22%3A%22us%22%7D%7D\"> \r\n\t\t\t\t\r\n\t\t\t\t\tGo to site\r\n\t\t\t\t\r\n\t\t\t<\/a>\r\n\t\r\n\r\n  \r\n\r\n\r\n\r\n\r\n      \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n  \r\n\r\n\r\n\r\n  \r\n \r\n\r\n\r\n\r\n \r\n\r\n  <\/div>\r\n<style>\r\n.hidden-temp {  overflow: visible; }\r\n.back-cover { display:none; width: 100vw; height: 100vh; background-color:rgba(0,0,0,.5); position: fixed !important; z-index: 10; top:0; left: 0; }  \r\n.card-t { position: fixed !important; z-index: 11; text-align: justify; display: flex; justify-content: center; width: 100%; top: 50%; left: 50%;  transform: translate(-50%, -50%); }\r\n.terms-c { color: #0271e1; z-index:3; } \r\n.terms-c:hover { color: #1591fe; cursor: pointer;}\r\n.terms-card-r { border-radius: 14px; }\r\n\r\n\r\n  \r\n@media (max-width:481px)  { \r\n\/* .card-t { position: fixed; width: 80%; text-align: justify;  top: 30vw; left: 5vh; }\r\n .card-t { position: fixed; z-index: 11; text-align: justify;  }*\/\r\n }\r\n<\/style>\r\n  \r\n\r\n  \r\n<script>\r\ndocument.addEventListener(\"DOMContentLoaded\", function() {\r\n    document.addEventListener(\"click\", function(event) {\r\n        const sendDataButton = document.getElementById(\"sendDataButton\");\r\n\r\n        \/\/ Check if the click was on the sendDataButton\r\n        if (event.target && event.target.id === \"sendDataButton\") {\r\n            event.preventDefault(); 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margin-right: 0.7rem;\">\n                    \n                <\/div>\n            <\/article>\n            <\/div>\n\n    \n<h3>Is Venn legit?<\/h3><p>Founded in 2021, Venn is registered as a Money Services Business (M22941967) and regulated by FINTRAC. It is headquartered in Toronto and holds client funds in segregated trust accounts with Tier 1 banks.<\/p><p>Venn only works with regulated Tier 1 banks and payment providers to provide its account and payment services. In Canada, for example, Venn partners with Mastercard, Payments Canada, Peoples Group and Digital Commerce Bank.<\/p><h3>What should I know before I apply?<\/h3><p>Venn only offers bank accounts for Canadian corporations. Corporations based outside of Canada, as well as sole proprietors and partnerships based in Canada, will need to consider other business banking solutions.<\/p><p>You\u2019ll also need to be the age of majority in your province or territory to apply for an account.<\/p><h3>How do I open a Venn account<\/h3><p>You can open a Venn account by completing the following steps:<\/p><ol><li>Navigate to the Venn website and select <strong>Open Account<\/strong>.<\/li><li>Enter your business email address and create a password.<\/li><li>Enter the verification code sent to your email address.<\/li><li>Provide your name, date of birth, phone number and job title.<\/li><li>Provide your business details, including leadership and ownership information.<\/li><li>Review all the details and submit your application.<\/li><\/ol><p>If you want to send funds to your Venn account from a Canadian bank account, complete the following steps:<\/p><ol><li>Log in to your account to access your account dashboard.<\/li><li>Select <strong>Add Money<\/strong> and then <strong>Link Account<\/strong>.<\/li><li>Provide the details of the account you want to link.<\/li><li>Enter the amount you want to deposit into your Venn account.<\/li><li>Select <strong>Add Funds<\/strong>.<\/li><\/ol><h3>Bottom line<\/h3><p>If you\u2019re searching for the best small business bank account in Canada to manage your finances around the world, Venn is worth a look. With competitive transfer fees, support for multiple currencies and the ability to earn cashback on your spending, it\u2019s a competitive option. But Venn isn\u2019t available for all businesses, so compare a range of options to find the <a href=\"https:\/\/www.finder.com\/ca\/banking\/business-banking\/best-business-bank-account-canada\">business bank account<\/a> that\u2019s right for you.<\/p><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">What is a Venn bank account?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Venn is a business bank account for Canadian corporations. You can open accounts in four different currencies, send domestic and international transfers, convert funds to over 30 currencies and use a corporate Mastercard for in-store and online purchases.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">Is Venn a credit card?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Venn is a business bank account that comes with a linked prepaid Mastercard you can use to make in-store and online purchases anywhere Mastercard is accepted. You also earn 1% cashback on all card purchases.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">Does Venn offer personal accounts?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>No, Venn does not offer personal accounts. Venn only offers accounts for Canadian corporations.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000003\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000003\">\n                <span class=\"luna-accordion__title\">How do customers pay money into my Venn account?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>You'll need to provide relevant account details based on your customer's payment currency\u2014CAD, USD, GBP or EUR. To find these details, select the <strong>Accounts<\/strong> tab from your Venn dashboard, select the currency the customer will be paying in and select <strong>Download Account Details PDF<\/strong>.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000004\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000004\">\n                <span class=\"luna-accordion__title\">Is Venn the same as Venn Credit Corporation?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000004\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>No, Venn and Venn Credit Corporation are two separate entities. The Venn Credit Corporation is a financial services company that offers credit products such as equipment leases, mortgages and commercial loans.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3><div class=\"sources sources__f1\">\n    <link rel=\"stylesheet\" href=\"https:\/\/www.finder.com\/parent-theme\/shortcodes\/article-source\/prod\/article-source.87684078d471e76125dd.css\">\n    \n  <ul class=\"luna-accordionGroup accordionGroup\">\n    <li class=\"luna-accordion\" data-accordion=\"accordion\">\n      <div class=\"luna-accordion__summary\">\n        <h3 class=\"luna-accordion__heading\">\n          <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"sources_1708330834\" data-toggle=\"collapse\" data-target=\"#sources_1708330834\">\n            <span class=\"luna-accordion__title u-text--lg u-font--bold\">Sources<\/span>\n            <svg class=\"luna-icon\" aria-hidden=\"true\">\n              <use href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n              <use href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n            <\/svg>\n          <\/button>\n        <\/h3>\n      <\/div>\n      <div class=\"luna-accordion__details collapse \" aria-hidden=\"true\" id=\"sources_1708330834\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n          <p class=\"sources__description\">Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are <a href=\"https:\/\/www.finder.com\/ca\/why-trust-us\">fact checked<\/a> in line with our <a href=\"https:\/\/www.finder.com\/ca\/editorial-guidelines\">editorial guidelines<\/a>.<\/p>\n          <ol class=\"u-pl--0 u-text--lg u-font--medium\">\n                                          <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.venn.ca\/\" target=\"_blank\">Venn: Home, Accessed September 5, 2024<\/a><\/li>\n                                                        <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/fintrac-canafe.canada.ca\/msb-esm\/msb-eng\" target=\"_blank\">FINTRAC: Money services businesses, Last modified August 22, 2024<\/a><\/li>\n                                    <\/ol>\n        <\/div>\n      <\/div>\n    <\/li>\n  <\/ul>\n    <script defer src=\"https:\/\/www.finder.com\/parent-theme\/shortcodes\/article-source\/prod\/article-source.de087a0da9824e407767.js\"><\/script>\n  <\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>A detailed review of the features, fees and eligibility criteria of the Venn business bank account.<\/p>\n","protected":false},"author":516,"featured_media":1053833,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[99409],"tags":[],"asset_tag":[],"class_list":["post-1025223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-banking"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Venn Review: Business Banking | Finder Canada<\/title>\n<meta name=\"description\" content=\"Is a Venn account right for your business? In our review, we take a look at the pros and cons of Venn multi-currency business accounts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finder.com\/ca\/banking\/business-banking\/venn-review\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vault Review: Business Banking | Finder Canada\" \/>\n<meta property=\"og:description\" content=\"Is a Venn account right for your business? 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You can open accounts in four different currencies, send domestic and international transfers, convert funds to over 30 currencies and use a corporate Mastercard for in-store and online purchases.\r"}},{"@type":"Question","name":"Is Venn a credit card?","acceptedAnswer":{"@type":"Answer","text":"\rVenn is a business bank account that comes with a linked prepaid Mastercard you can use to make in-store and online purchases anywhere Mastercard is accepted. You also earn 1% cashback on all card purchases.\r"}},{"@type":"Question","name":"Does Venn offer personal accounts?","acceptedAnswer":{"@type":"Answer","text":"\rNo, Venn does not offer personal accounts. Venn only offers accounts for Canadian corporations.\r"}},{"@type":"Question","name":"How do customers pay money into my Venn account?","acceptedAnswer":{"@type":"Answer","text":"\rYou'll need to provide relevant account details based on your customer's payment currency\u2014CAD, USD, GBP or EUR. 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