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Unlimited Chequing

  • Manage expenses -- set monthly service fee
  • Maximise earnings -- surplus operating funds can be swept to an interest-bearing account
  • Bank anytime -- FREE 24-Hour access to accounts through Online Banking to track account balances, transfer funds and more
  • Reconcile bank statements - made easy through the duplicated cheque writing system and recording of the cheque numbers on the bank statement
  • Automation of reoccurring payments -- pre-authorised payments can be arranged to cover reoccuring obligations
  • Eliminates the need to carry cash -- 24-Hour account access to accounts 7 days a week via our Instant Teller network, other financial institutions and merchant locations where available

Balances & Fees
  • A minimum amount is required to open this account
  • A monthly service charge is applied on the last working day of the month

Additional Features
  • Unlimited cheque writing:
    • Personalised cheques are available in a variety of styles and scenes; a charge is levied for printing
    • All cheques are magnetically (MICR) encoded with sequential numbering
    • Government Stamp Duty may be applicable
    • A stop payment facility is available for a fee
  • Discounted night deposit bags based on availability
  • Capability to transfer surplus funds to the CIBC FirstCaribbean Business Banking Interest Account
  • FREE Online Banking with bill payments. Some transactions (e.g. for wire transfers), will attract separate charges
  • A FREE statement is only available via our Online Banking Service
    • A FREE mini-statement of the last 10 transactions is provided through our Instant Tellers
  • Mailed statements may be requested for an additional charge
    • Mailed statements will be provided for FREE to clients without access to Online Banking
  • 24–Hour Automated Telephone Banking
  • A CIBC FirstCaribbean Overdraft Facility can be established on the account subject to agreement and meeting of the qualifying criteria
    • Customers will have no authorisation to present cheques when funds are not held on the account
  • Arrange standing orders to pay bills and loans and to transfer funds to accounts at other banks

Special Conditions
  • FREE banking at CIBC FirstCaribbean Instant Tellers is available ONLY to businesses that fall into any one of the following categories:
    • Is a sole trader/proprietor
    • Has a business account where only one signatory to the account is required
    • Has a business account with more than one signatory and only one signature is required to perform transactions on the account. A charge is levied for withdrawals and inquiries done at non-CIBC FirstCaribbean ATMs
    • CIBC FirstCaribbean Instant Tellers have 24-Hour access for Cash Withdrawals, Mini-Statements, Transfers and other transactions using the CIBC FirstCaribbean Bank Card

Product features vary by location. Please contact your local branch for further details.

Terms and Conditions for Business Accounts (PDF, 406 KB)