Business Accounts

Open a new CIBC Business Operating Account

Whether you’re growing, expanding or establishing your first business account, every entrepreneur deserves an account that fits.

Apply now

Applying for the Canada Emergency Business Account? Before opening a new account, check your eligibility Opens a new window. Learn more about CEBA

A business-first approach

We have the right combination of business accounts¹ to help you manage your day-to-day banking, enhance cash flow and maximize your savings and investments.

Expert advice

We work with you to understand your goals and provide the financial advice to help your business thrive.

A better way to bank

From payment processing to account management to tax filing, our account services help save you time and lower your operating costs. Learn about cash management.

Access at your fingertips

Manage your cash flow anytime with CIBC SmartBanking™ for Business, CIBC Online Banking® for Business and CIBC Mobile Banking®.

Find the right accounts for your business

Easily manage your business finances with an account made for your everyday banking needs

CIBC Unlimited Business Operating Account®

A premium account with unlimited transactions, including Interac e-Transfer^® transactions, and a monthly fee waiver.

Monthly fee²$0 or $65

Pay no monthly fee when you have a minimum daily balance of $45,000⁵

Transactions included³Unlimited

(includes Interac e-Transfer transactions⁶)

Deposit package⁴$15,000 in cash
$1,000 in coin
100 cheques

Learn more

Featured account

CIBC Advanced Business Operating Account^TM

A superior value account with 100 transactions, including Interac e-Transfertransactions, and a monthly fee waiver.

Monthly fee²$0 or $35
Pay no monthly fee when you have a minimum daily balance of $35,000⁵

Transactions included³100
(includes Interac e-Transfer transactions⁶)

Deposit package⁴$5,000 in cash
$500 in coin
50 cheques

Learn more

CIBC Everyday Business Operating Account®

A cost-effective account with 30 transactions, including Interac e-Transfer transactions, and a monthly fee waiver. Plus, have the flexibility to reduce your monthly fee.

Monthly fee²

or
$20 for self-service⁷ access
$25 for full-service^8,9access

Pay no monthly fee when you have a minimum daily balance of $15,000⁵

Transactions included³
30
(includes Interac e-Transfer transactions⁶)

Deposit package⁴
$3,000 in cash
$300 in coin
25 cheques

Learn more

CIBC Basic Business Operating Account®

A value account that lets you pay only for what you use.

Monthly fee²$6.00

Transactions³
$1.00 for each self-service⁷ transaction
$1.25 for each full-service⁸ transaction

Deposits per month
Pay per use

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Grow your savings for future business use

CIBC Business Investment Growth Account^®

A savings account with the flexibility to access funds anytime, while you earn interest.

Monthly fee

Interest rate¹⁰

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to RDS%rate[3].BIGA.Published(null,1000000.0_-_5000000.0_CAD_Portion,1,1)(#O2#)%

Based on daily closing balance

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Money-saving features help you manage dollars wisely

CIBC Not-for-Profit Operating Account

A low-fee account for your not-for-profit or community-based organization.

Monthly fee²

$0 or $4.00

Pay no monthly fee when you have a minimum daily balance of $5,000⁵

Transactions included³

30
(includes Interac e-Transfer transactions⁶)

Deposit package⁴

$5,000 in cash
$500 in coin
30 cheques
If you have more complex banking needs, review our other accounts in the operating tab.

Learn more

Transact in U.S. dollars to easily manage your cross-border income and expenses

CIBC U.S. Dollar Current Account

An account that lets you save on foreign exchange charges because transactions are in U.S. funds.

Monthly fee²

$6.00 US

Transactions³

$1.00 US
for each self-service⁷ transaction

$1.25 US
for each full-service⁸ transaction

For more information about other foreign currency operating accounts, meet with usOpens a new window in your browser..

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Receive matching contributions from the Government of Canada

CIBC AgriInvest Account

An interest-bearing account for eligible farmers participating in the Government of Canada's AgriInvest program.

Includes

No monthly account fees or day-to-day transaction fees

Competitive interest rate

First annual deposit is matched by the Canadian government up to the maximum allowed amount

Learn more

Ready to open an account?

Open a business account on your own time. Fill out the online application form and save the trip to a banking centre.

Apply now

One of our advisors will call you back when it’s convenient for you, or you can call us if you have any questions.

Request a callOpens a new window in your browser. or call 1-866-992-7223Opens your phone app.

Tips, tools and services to help you start, grow and manage your business

Access funds when you need them most

Protect your business from unexpected shortfalls in your operating account, so you never have to worry about returned cheques or pre-authorized payments.

Learn about CIBC Business Overdraft

Manage your cash seamlessly

Get secure anytime access to payment and reporting services with CIBC SmartBanking for Business. Make payday easier with payroll services from Ceridian¹¹. Plus, accept payments quickly and easily across multiple channels with Global Payments¹².