Accounts No Longer Offered

 

CIBC Business Operating

Account for Small Business Clients

CIBC Business Operating Account for Small Business Clients, Additional Option

Account Plans

Plan 1: Pay As You Go

Pay a monthly account fee, plus a fee for each transaction1.

Monthly account fee2

Each additional transaction1

 

 

$ 8.00

$ 1.00 self-service 6

$ 1.25 full-service 7

 

 

$ 11.00

$ 1.00 self-service 6

$ 1.25 full-service 7

Plan 2: Flat Fee Package4

Pay a single monthly package fee for a predetermined number of transactions1. Monthly account fee2

* 10 transactions

* 20 transactions

* 35 transactions

* 50 transactions

* 100 transactions

* Non-profit organizations - 10 transactions

 

Each additional transaction over package limit

 

 

 

$13.00

$22.00

$31.00

$41.00

$70.00

$ 5.00

 

$ 1.25

 

 

 

$13.00

$22.00

$31.00

$41.00

$70.00

$ 5.00

 

$ 1.25

Features

One free transaction for every $2,000 held in the account throughout the entire calendar month3

 

Yes

 

Yes


CIBC Business Interest Account®
 

Fee summary

  • Monthly account fee - No charge
  • Each credit transaction1 - $1.00
  • Each debit transaction1 - $5.00
  • eStatements5 available through CIBC Online Banking

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.
 

Interest

Daily interest, calculated on each day's end of day final balance, and 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 However, the interest cannot be withdrawn, and will not be printed at branch terminals or at CIBC Instant Teller® bank machines, nor made available through CIBC Telephone or Online Banking until two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.
 

CIBC Professional Edge® Account
 

Fee summary

  • Monthly account fee - $35.00
  • Each transaction1

- $1.00 self-service6
- $1.25 - full-service7

  • eStatements5 available at no additional charge through online channels
     

Interest

Interest is calculated and paid monthly based on the Average Monthly Credit Balance and credited to your account on the third business day of the following month. Average Monthly Credit Balance is the average of each day's final credit balance for such month. If your final end of day balance is overdrawn, your credit balance is recorded as $0.00. Interest rates quoted are annual and are subject to change without prior notice.

Additional fees may apply to the operation of your account(s). Items Deposited charges may also apply; see Additional Services and Charges for details.


Need more information?

Contact a CIBC representative or visit a CIBC branch near you.

1-800-465-2422 toll free