Manage expenses and maximise earnings
- We want to make doing business as easy and rewarding as possible for you. That’s why we’ve made this Unlimited Chequing Account simple and productive. Here’s how:
- Increase earnings effortlessly: Put your money to work by arranging for surplus operating funds to be automatically swept into an interest-bearing account
- Manage expenses: The set monthly service fee is a predictable expense
- Reconcile easily: Bank statements include a record of your cheque numbers, making it easy to match up your payments with the duplicate cheque writing system
- Automate recurring payments: Once they are pre-authorised, automated payments can be set up to cover recurring expenses
Contact Us
- A minimum amount is required to open this account
- A monthly service charge is applied on the last working day of the month
Schedule of Charges
About your cheques:
- A variety of cheque styles and scenes are available for a modest charge
- All cheques are magnetically (MICR) encoded with sequential numbering
- Government stamp duty may be applicable. Speak with your Business Banking Manager for details
- A stop payment facility is available for a fee
Additional benefits include:
- Arrange standing orders to pay bills and loans and to transfer funds to accounts at other banks
- Discounted night deposit bags may be available
- With Online Banking, your online statement is FREE
- Prefer a mailed statement? This can be arranged for a small fee
- If you don’t have Online Banking, your statement will be mailed FREE
- ATMs provide a FREE mini-statement of the last 10 transactions, cash withdrawals, transfers and other transactions using your CIBC FirstCaribbean bizline™ Visa Debit Card, with 24 hour access
Overdraft
- Need better cash flow to meet seasonal demands? A CIBC Caribbean Overdraft Facility can be established on the account. This is subject to agreement and meeting the approval criteria. Otherwise, customers have no authorisation to present cheques when funds are not held on the account.
Terms & Conditions
Simple measures make business so much easier.
Use Online Banking
- Track account balances, transfer funds and pay bills anytime
- Use your bizline™ Visa Debit Card at ATMs for access to your account—and of course to cash!—24/7. Additional access through other financial institutions and merchant locations where available
Online & Mobile Banking
Online Banking & Mobile App
FREE banking at CIBC Caribbean ATMs and banking via our Mobile App is available ONLY to businesses that fall into any one of the following categories:
- Sole trader or 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 Caribbean ATMs
