Canadian Dollar Accounts

All of the following fees for Canadian accounts are in Canadian dollars.

• CIBC Business Operating Account™
• CIBC Not-for-Profit Operating Account
• CIBC Business Interest Account® (CBIA)
• CIBC Business Operating Account™ for Commercial/Large Corporate Clients

CIBC Business Operating Account™

The CIBC Business Operating Account is a Canadian dollar account for the day-to-day operation of your business. One of our flexible accounts can help you effectively manage your day-to-day banking needs and minimize fees.

• Enjoy the flexibility of banking 24/7 with full access to your account through CIBC Instant Teller® bank machines, CIBC Telephone Banking, CIBC Online Banking, INTERAC* Direct Payment or CIBC branches at no additional cost.
• Unlimited account balance or account activity inquiries through CIBC Instant Teller® bank machines, CIBC Telephone Banking, CIBC Online Banking or in-branch banking
• Unlimited CIBC Small Business Convenience Cards™
• The ability to assign routine financial transactions and tasks to your delegates with the CIBC Small Business customized Access® feature
• Access to wallet depository service
• One free month-end statement1

Accounts available:

		Monthly Account Fee4	Monthly Transactions Included2	Fee for Each Transaction
Unlimited Business Operating Account™	Offers you unlimited transactions such as withdrawals, deposits, transfers and bill payments, plus a cash, coin and cheque deposited package,3** for one low monthly fee	$35	Unlimited	$ 0
Basic Business Operating Account™	Offers you the flexibility to minimize your monthly banking fees by paying only for what you use	$ 8	0	$0.90

** Up to $15,000 cash, $1,000 coin and 100 cheques deposited per month. See Additional Services and Charges for details.

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CIBC Not-for-Profit Operating Account

The CIBC Not-for-Profit Operating Account is a Canadian dollar account that offers you a cost-effective option to meet the needs of local not-for-profit organizations. This account has the same Features as the CIBC Business Operating Account to help you manage your organization's banking needs.

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CIBC Business Interest Account®

The CIBC Business Interest Account (CBIA) is a tiered savings account for business clients, and is available only in Canadian dollars.

You can transfer surplus funds from an operating account, such as a CIBC Business Operating Account, into your CBIA to take advantage of higher interest rates+. The CBIA is not intended to act as an operating account. Rather, it is an account that allows you to earn interest on surplus funds.

• Daily interest, which is calculated on each day's final balance
• Tiered interest - balance levels determine the interest rate
• Annual Bonus Interest Rate - regardless of the daily balance amount, bonus interest is paid on the minimum balance in the account during the calendar month
• One month-end statement1

Note: Deposits of coin, currency, more than four cheques at once or a combination of these are not acceptable. Overdraft protection is NOT available for this account.

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CIBC Business Operating Account for Commercial/Large Corporate
Clients

The CIBC Business Operating Account for Commercial/Large Corporate clients is a Canadian dollar account designed to meet all your business banking needs from day-to-day transactions to more complex cash management services.

Note: Monthly account fee equals the Minimum monthly account fee, or the total of transaction fees for the month less any free transactions, whichever is greater.

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For CIBC Business Interest Accounts, interest is credited to your account effective as of the last business day of the calendar month. However, the interest cannot be withdrawn, and will not be printed at branch terminals or at CIBC Instant Teller® bank machines, nor made available through CIBC Telephone Banking or CIBC Online Banking until two business days after the end of the calendar month. Interest rates quoted are annual and are subject to change without prior notice and are on display at any branch. For the purposes of calculating bonus interest, a deposit made on the first business day of the calendar month is credited as if it were actually made on the first day of the calendar month (if earlier).

+ Withdrawal charges may apply.

± Debits include any debits to your account initiated by you including, without limitation, cheques, withdrawals, pre-authorized payments, bill payments, INTERAC, Direct Payments and transfers between accounts.

™ Trademark of CIBC.

® Registered trademark of CIBC.

* INTERAC is a trademark of Interac Inc., CIBC is an authorized user of the trademark.

1 If there is no account activity, a statement may not be produced.

2 Transactions include deposits, cheques, withdrawals and all other debits and credits to your account that were initiated by you including, without limitation, pre-authorized payments, bill payments, INTERAC Direct Payments, direct deposits and transfers between accounts where applicable. Additional "Items Deposited" charges, where applicable, may apply. Refer to Additional Services and Charges for details. Additional "Currency Supplied" charges, where applicable, may apply. Refer to Additional Services and Charges for details.

3 Cheque deposits include cheques, money orders, drafts and all other clearing items. "Items deposited" charges apply to deposits in excess of 100 cheques or $15,000 cash or $1,000 coin per month; See Additional Services and Charges for details.

4 Monthly fee applies even if there is no account activity. Other fees may apply to the operation of your account; see Additional Services and Charges for details.

5 Free transaction(s) cannot be carried forward for use in subsequent months.

6 If you choose a Flat Fee Package and perform fewer than the allowed number of transactions in a month, the unused transactions cannot be carried forward to subsequent months.

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