Skip to main content Home | Contact Us | Find Us | Français | Asian Banking | Site MapCIBC Websites
 
Personal Banking Business Services About CIBC
 
Commercial & Corporate
Commercial Banking
Large Corporate
Welcome
Business Accounts
Operating Account
US$ Current Account
Cash Management
GICs
Commercial Cards
Merchant Services
International Services
Institutional Sites
CIBC Small Business

CIBC U.S. Dollar Current Account

The CIBC U.S. Dollar Current Account is an operating account that is designed for businesses that have U.S. Dollar banking transactions. It allows your business to save on foreign exchange charges, as your transactions (deposits, cheques and withdrawals) are conducted in U.S. funds.

Interested in a CIBC U.S. Dollar Current Account?
Contact your Relationship Manager or call us directly.
1-877-873-2765 toll free

Key benefits


Saves you money
  • Receive 1 free transaction1 (deposit, cheque or withdrawal) for every $500 U.S. held in your account for the entire calendar month2
  • The minimum monthly fee is waived if you do not have any transactions1 during the monthly account statement period
Convenient
  • In-branch service
  • Inter-Branch Deposit service provides over-the-counter deposit capabilities at any CIBC location accepting business deposits
  • Receive a monthly account statement3

Is it for you?

CIBC U.S. Dollar Current Account could be for you if you:

  • Conduct transactions in U.S. funds
  • Want to save on foreign exchange costs

Information you need to know:

  • CIBC Business Banking® offers a 1-stop Internet banking service to give you access to your CIBC Business Operating Account™ and other cash management services, for greater control of your cash management (separate service charges apply)
  • Service fees are charged in U.S. dollars
  • Refer to our "Business Account Service Fees" brochure for details on U.S. dollar float calculations and service fees for the U.S. Dollar Current Account

Trademarks and Disclaimers

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.

2 Free transaction(s) cannot be carried forward for use in subsequent months.

3 If there is no account activity, a statement is not produced.

Products and their features may change at any time.

® Registered trademark of CIBC.

™ Trademark of CIBC.