Business & Commercial Online Banking

Business Online Banking

We know that many small and medium-sized businesses are looking to save time when reviewing your finances. Libro’s Online Banking helps you to make the most of your Online Banking time by offering convenient and secure solutions.

Set up your personal business view

  • Separate your personal accounts from your business accounts.
  • Switch back and forth from your personal to business accounts without having to sign in and out.

Pay your business taxes online

  • Pay business taxes right from your Libro account.
  • Review past business tax payment history.

Enhanced business features

  • Two Signer functionality provides the features Owners with two-signature accounts require in order to transact online safely and conveniently.
  • View Only allows Owners to grant read-only access to individuals who are not signers on the account.

Commercial Online Banking

Libro’s Commercial Online Banking provides secure 24/7 access to payment and reporting services for our commercial Owners.

What this means for you is more control over how, where and when you manage your business accounts.

Commercial Owners who require various staff access levels will benefit from this permission-based model. Our Commercial Online Banking allows your account administrator to define who within your organization can access various accounts and set limits.

Convenient Account Management

  • Multiple Administrator and User levels and controls
  • Customizable user and transaction payment limits
  • Auditing of user functionalities and activities
  • Customization of landing page and account names to suit your preferences

In-depth Reporting

  • Reporting on CAD and USD accounts in real time
  • Export reports in variety of formats
  • Image retrieval of CAD and USD cheques and electronic banking statements
  • Email and text notifications

Efficient Payments & Transfers

  • Transfer between CAD and USD accounts
  • Pay bills and taxes online, including future-dated transactions
  • Create initiators and approvers of payments, based on your company thresholds and controls
  • Sweep functionality to auto-transfer funds between accounts based on minimum and maximum thresholds

2-Step Verification for Peace of Mind

  • 2-Step Verification is an extra layer of security to ensure you're the only person who can access your business account
  • It confirms your identity by using a combination of two different steps:
    1. entering your password, followed by
    2. entering a one-time verification code sent to you by either email or text message.
  • Military-level encryption (128/256-bit)
  • Proven firewall protection
  • Strict procedures regarding issuing of passwords

Secure Messaging

A great feature that Libro includes in all of our digital banking solutions is Secure Messaging - a quick and secure way to connect to your Libro Coach or Libro's Contact Centre.