U.S. Dollar Current Account

For foreign currency accounts, including U.S. Dollar Current Accounts, service charges stated are in addition to any applicable exchange charges. Foreign currency deposits, including U.S. dollar deposits, are NOT insured under the Canada Deposit Insurance Corporation Act.

The CIBC U.S. Dollar Current Account is an operating account for businesses that have U.S. dollar banking transactions.

This account offers:

• Cheques and withdrawals
• Over-the-counter deposits at any CIBC location accepting business deposits
• Access for Small Business clients to CIBC Instant Teller® machines, CIBC Telephone Banking, CIBC Online Banking or in-branch banking for U.S. dollar balance and account activity inquiries
• Ability to transfer between CIBC accounts in person at your branch
• One month-end statement1

Note: See Other Important Information for details on U.S. Dollar float calculations.

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.

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

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