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.
Products and their features may change at any time. Get complete information about Business Account Service Fees (PDF, 995 KB) .
* Available to qualified business clients only. Additional fees apply for full-service transfers between accounts and Interac e-Transfer® transactions.
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 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 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.
7 Self-service refers to transactions performed through a Bank Machine, Point of Sale terminal, Wallet Depository Service, CIBC Telephone Banking Automated Service, CIBC Business Contact Centre Automated Service, CIBC Online Banking, CIBC SmartBanking for Business (SmartBanking), CMO, CIBC eDeposit for cash, or CIBC eDeposit for cheques.
8 Full-service refers to transactions performed either in a CIBC Banking Centre, through a CIBC Telephone Banking representative, through a CIBC Business Contact Centre representative, or through the regular Wallet Depository Service.
9 eStatements are available once a month at month end on CIBC Online Banking or based on your preferred statement cycle on CIBC SmartBanking for Business (SmartBanking) or CIBC Cash Management Online (CMO). To view eStatements on SmartBanking or CIBC Online Banking, you must be a Signatory or Co-Signatory and registered for CIBC Online Banking. To view eStatements on CMO, you must be registered for the platform, entitled to one or more business accounts and entitled to eStatements. Included with CMO monthly Maintenance fee.
10 Free transaction(s) cannot be carried forward for use in subsequent months.