What are the initial costs to set up my business account?

To open a Business account, we require a $250 security deposit. Those wanting to become a shareholding member of the co-op are required to purchase $500 of shares (redeemable). Both options allow for an unlimited number of drivers on your Business account.

Purchasing shares grants your organization membership to the co-op. This means a designated delegate will receive one vote on behalf of your organization at Modo’s Annual General Meeting.