Business Chequing Account

Simplify your day to day Business Banking

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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
  • Only a minimum amount is required to open this account
  • A monthly service fee is applied on the last working day of the month
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Unlimited cheque writing:

 

  • 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
  • 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

All the transactions you need:

 

  • 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
  • Track account balances, transfer funds and pay bills anytime via Corporate  Online, Online Banking or our Mobile App 

 

Free banking at CIBC Caribbean 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 Caribbean ATMs.

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.


Overdraft facility

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