CIBC Business Operating Account™

The CIBC Business Operating Account is a Canadian dollar account for the day-to-day operation of your business. You can bank wherever it's most convenient for you - in the branch, at bank machines, over the telephone or online.

You can make deposits, withdrawals, transfers, account inquiries, write cheques, pay bills and more - all at your convenience. The CIBC Business Operating Account simplifies and gives you complete control of your business banking.

Choose one of our three business accounts to help you spend more time on your business and less time on your banking.

Accounts available:

CIBC Unlimited Business Operating Account

Bank as much as you want with unlimited transactions1 such as withdrawals, deposit transactions, bill payments and transfers2 for one low monthly fee. Plus, you get a cash, coin and cheque deposit package*.

CIBC Basic Business Operating Account

Enjoy the flexibility to minimize your monthly banking fees by paying only for what you use.

CIBC Not-for-Profit Operating Account

Cost effective option to meet the needs of local not-for-profit or community-based organizations.

Key benefits

Saves you money	Select the Basic BOA if you have fluctuating or smaller deposit and transaction volumes each month and want to minimize fees. OR Select Unlimited BOA if you value the benefit of unlimited transactions such as withdrawals, deposit transactions, bill payments and transfers for one low monthly fee. Plus, you get a cash, coin and cheque deposit package that includes up to $15,000 cash, $1,000 in coin and 100 cheques deposited into the account each month. OR Select Not-for-Profit Operating Account if you are a local not-for-profit or community based organization and perform limited transactions each month.
Flexible	Access to CIBC Instant Teller® locations to make deposits, withdrawals, transfers2, and pay registered bills3 Transfer2 between CIBC accounts via CIBC Telephone Banking or CIBC Online Banking Use CIBC Telephone Banking and CIBC Online Banking to pay registered bills, arrange stop payments and make CIBC VISA* payments Send and receive payments via INTERAC® Email Money Transfers available through CIBC Online Banking Assign routine financial transactions and tasks to trusted individuals with CIBC Small Business Customized Access™
Convenient	Receive unlimited CIBC Small Business Convenience Cards® at no additional charge Make deposits, withdrawals, transfers and bill payments at your home branch Make unlimited CIBC bank machine account balance and account activity inquiries at no extra charge Access to INTERAC** Direct Payment service Access to Wallet Depository service, which allows you to make deposits (up to $50,000 per day) that have more than 40 items (cheques, coins, currency, etc.)4; learn more about CIBC Wallet Depository Service

Information you need to know:

• You can apply for CIBC Small Business Overdraft for ready access to funds up to an approved credit limit (maximum $10,000); a monthly fee of $9.50 is applied to each overdraft account
• Access to CIBC Emergency Travel Insurance† and CIBC Investor's Edge® Direct Investing Service†† is available
• For larger small business customers who use more sophisticated cash management services, CIBC Business Banking® (CBB) provides comprehensive Internet-based banking services; clients can easily and conveniently manage their cash positions with balance and transaction reporting, file transfer services and payment capabilities available through CBB.
• Refer to our "Business Account Service Fees" brochure for information on service fees for the CIBC Business Operating Account for Small Business clients.

Trademarks and Disclaimers

* "Items Deposited" charges apply to deposits in excess of 100 cheques, $15,000 cash or $1,000 coin deposited per month. Cheque deposits include cheques, money orders, drafts and all other clearing items. Refer to the Business Account Service Fees brochure.

1 Transactions include deposits, cheques, withdrawals and all other debits and credits to your account that were initiated by you including, without limitation, pre-authorized payments, bill payments, Interac Direct Payments, direct deposits and transfers between accounts where applicable. Additional "Item Deposited" charges, where applicable, may apply to deposits. Additional "Currency Supplied" charges, where applicable, may apply to withdrawals. Additional fees apply to withdrawals at non-CIBC bank machines. Access at CIBC branches is during each branch's regular banking business hours only.

2 Withdrawal and/or deposit charges may apply depending upon your account plan.

3 Some eligibility requirements must be met. Ask your business advisor for details.

4 Cost of wallets is extra.

† CIBC Emergency Travel Insurance is underwritten by Co-operators Life Insurance Company and is administered by TIC Travel Insurance Coordinators Ltd. All insurance is subject to terms and conditions. See the insurance certificate (issued on enrollment) for details.

†† CIBC Investor's Edge is the discount brokerage division of CIBC Investor Services Inc. ("ISI"), a subsidiary of CIBC. ISI does not provide you with any legal, tax, or accounting advice or advice regarding the suitability or profitability of a security or investment in a CIBC Investor's Edge account. You assume full responsibility for transactions in your CIBC Investor's Edge account and for your investment decisions. Cash balances owing to you are not insured by the Canada Deposit Insurance Corporation or any other government insurer but are fully guaranteed by CIBC. Unless with respect to a specific security you are informed to the contrary, securities sold are not guaranteed by Canada Deposit Insurance Corporation or CIBC. The value of many securities may fluctuate. ISI is a member of the Canadian Investor Protection Fund (CIPF); information about CIPF is available upon request.

™ Trademark of CIBC.

® Registered trademark of CIBC.

* VISA Inc./Lic. User.

** Trademark of INTERAC Inc. CIBC authorized user of the trademark.

Products and their features may change at any time.

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