Simplify Your Day to Day Business Banking
- Just starting your business? You might need a break. Take it from us!
- When you open a Business Chequing Account, you’ll receive a welcome pack
- Easy cheque reconciliation - We make it easy by recording cheque numbers on the bank statement. Just use your duplicated cheque writing system to match them up
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- Only a minimum amount is required to open this account
- A monthly service fee is applied on the last working day of the month
Schedule of Charges
Unlimited cheque writing:
- Personalised cheques are available in a variety of styles and scenes; for a minimal printing charge
- All cheques are magnetically (MICR) encoded with sequential numbering
- Government Stamp Duty may be applicable
- A stop payment facility is also available for a fee
ATM Banking
- 2 FREE debits and 2 FREE credits per month (items include the total combination of cheques paid, in-branch deposits, and in-branch withdrawals).
- Unlimited ATM transactions
Overdraft
- A CIBC Overdraft Facility can be established on the account subject to agreement and meeting of the qualifying criteria
Terms & Conditions
Simple measures make business so much easier
Use Online Banking or our Mobile App to:
- Track account balances
- Transfer funds and
- Pay bills anytime
No need to carry cash – Use your bizline™ Visa debit card. It’s so convenient for shopping and paying bills. You can also use your bizline™ Visa Debit card at other financial institutions’ ATMs and merchant locations where available.
Online & Mobile Banking
Online Banking & Mobile App
FREE banking at CIBC ATMs and banking via our Mobile App is available ONLY to businesses that fall into any one of the following categories:
- Is a sole trader/proprietor
- Has a business account where only one signatory to the account is required
- Has a business account with more than one signatory and only one signature is required to perform transactions on the account.
A charge is levied for withdrawals and inquiries done at non-CIBC ATMs.
