Business Chequing Account CAD CDIC Insured
CIBC

CIBC Basic Business Operating Account®

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

Interest rate Not listed
Monthly fee $6/mo
Transactions Pay per use
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Additional promotion

Send up to $25,000 instantly across Canada with Interac e-Transfer for Business.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

COSTS

Fees and account limits

Monthly fee$6/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsPay per use
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Per-Transaction Fee$1.00 for each self-service transaction. $1.25 for each full-service transaction. - Per Use -
ACCOUNT EXPERIENCE

Features and benefits

CDIC Insured

Eligible for CDIC Insurance.

International Money Transfers

Send up to $250k globally with CIBC Global Money Transfer for Business.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

COVERAGE

Registration, networks and availability

Registration options

  • CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with CIBC before opening the account.

Product information last reviewed or updated Mar 12, 2026.