CIBC Business Operating Account

The CIBC Business Operating Account is a Canadian dollar account for the day-to-day operation of your business. It offers you value and control to help manage your company’s everyday business transactional needs.

Interested in a CIBC Business Operating Account?

Contact your Relationship Manager or call us directly.

1-888-947-7736 toll-free

Key benefits

Bank where and when you want
  • Our Inter-Branch Deposit service enables you to make deposits at any CIBC branch accepting business deposits.
  • Use our Wallet Depository Service to make business deposits 24 hours a day, 7 days a week (separate monthly service charges apply and cost of disposable wallets is extra); learn more about CIBC Wallet Depository Service
Saves you money
  • Receive one free transaction1 (deposit, cheque or withdrawal) for every $2,000 held in your account throughout the entire calendar month2
  • The minimum monthly fee is waived if you have no transactions during the monthly account statement period
  • Access detailed transaction reporting to understand in and out cash flows such as printed statements3 and reporting available through CIBC Cash Management Online® (CMO)4
  • Manage your company’s cash flow anytime using CMO, for an incremental fee. CMO delivers secure, 24/7 access to a comprehensive suite of online cash management products including strong payment and reporting services, flexible client-administration capabilities and a user friendly web-based platform.
Record-Keeping Options
  • Printed account statements are available monthly3
  • Detailed reporting and eStatements are available through CMO5

Information you need to know:

  • Apply for bank machine service to use CIBC Instant Teller® machines for your Business Operating Account transactions (separate service charges apply)
  • Refer to our "Business Account Service Fees (200 KB)" brochure for information on service fees for the CIBC Business Operating Account

Terms and Conditions

Products and their features may change at any time. Get complete information about fees here (200 KB).

1 Transactions include any debits and credits to your account (excluding CIBC interest credits and fee debits). Debits include, without limitation, withdrawals, cheques, pre-authorized payments, bill payments, INTERAC® Direct Payments, INTERAC e-Transfer® payments, direct deposits and transfers to other accounts. Credits include, without limitation, deposits, pre-authorized payments, bill payments, INTERAC Direct Payments, INTERAC e-Transfer payments, and direct deposits and transfers from other accounts (except transfers from CIBC business accounts). Additional charges may apply including, without limitation, INTERAC e-Transfer, Items Deposited and Currency Supplied fees where applicable. Refer to Additional Services and Charges for details.

3 Printed statement fee will apply.

4 CMO monthly maintenance fee will apply.

5 eStatements are available based on your preferred statement cycle. To view eStatements on CMO, you must be registered for CMO, entitled to one or more business accounts and entitled to eStatements. eStatements on CMO are available based on your preferred statement cycle. Included with CMO Monthly maintenance fee.