---
description: Learn more about Business account opening pricing, benefits, and disadvantages for your business in Canada. Read verified software reviews and find tools that fit your business needs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Business account opening Pricing, Reviews & Features - Capterra Canada 2026
---

Breadcrumb: [Home](/) > [Banking Systems Software](/directory/20008/banking-systems/software) > [Business account opening](/software/1082526/Business-account-opening)

# Business account opening

Canonical: https://www.capterra.ca/software/1082526/Business-account-opening

> Loquat's Business account opening solution streamlines KYC, KYB, and AML processes for financial institutions.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

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## Overview

### Who Uses Business account opening?

Streamline the process of opening business accounts with instant KYC, KYB, and AML checks. Elevate your user experience for business members and customers through an elite UI/UX

## About the vendor

- **Company**: Loquat

## Commercial Context

- **Starting Price**: US$50.00
- **Pricing model**: Usage Based
- **Pricing Details**: Our pricing model is aligned on growth and digital adoption. We typically have 3 components to our pricing, including (1) an enterprise integration fee, (2) an annual platform fee, (3) and transaction fees based on usage.

Focus and simplicity. Loquat is purpose-built for regional and community banks and credit unions, with a deep understanding of the regulatory, operational, and user experience challenges you face.
- **Target Audience**: 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Chromebook (Desktop)
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- Compliance Management
- Compliance Tracking
- Document Management Software
- Multi-Branch
- Online Banking Software
- Securities Management
- Transaction Monitoring

## Integrations (6 total)

- Docusign
- ForgeRock
- Plaid
- Q2 Platform
- SendGrid
- Twilio

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base Software
- Phone Support
- Chat

## Category

- [Banking Systems Software](https://www.capterra.ca/directory/20008/banking-systems/software)

## Alternatives

1. [Continuity](https://www.capterra.ca/software/1024800/control-platform) (0 reviews)
2. [FinCell](https://www.capterra.ca/software/1032511/fincell) — 5.0/5 (4 reviews)
3. [NexorONE](https://www.capterra.ca/software/128510/nexorone) — 5.0/5 (14 reviews)
4. [Online Check Writer](https://www.capterra.ca/software/171148/online-check-writer) — 4.5/5 (255 reviews)
5. [Qonto](https://www.capterra.ca/software/173384/qonto) — 4.5/5 (240 reviews)

## Links

- [View on Capterra](https://www.capterra.ca/software/1082526/Business-account-opening)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.capterra.com/p/10034368/Business-account-opening/> |
| en-AE | <https://www.capterra.ae/software/1082526/Business-account-opening> |
| en-AU | <https://www.capterra.com.au/software/1082526/Business-account-opening> |
| en-CA | <https://www.capterra.ca/software/1082526/Business-account-opening> |
| en-GB | <https://www.capterra.co.uk/software/1082526/Business-account-opening> |
| en-IE | <https://www.capterra.ie/software/1082526/Business-account-opening> |
| en-IL | <https://www.capterra.co.il/software/1082526/Business-account-opening> |
| en-IN | <https://www.capterra.in/software/1082526/Business-account-opening> |
| en-NZ | <https://www.capterra.co.nz/software/1082526/Business-account-opening> |
| en-SG | <https://www.capterra.com.sg/software/1082526/Business-account-opening> |
| en-ZA | <https://www.capterra.co.za/software/1082526/Business-account-opening> |

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