Canadian Dollar Accounts

All of the following fees for Canadian accounts are in Canadian dollars.

• CIBC Business Operating Account™ for Small Business Clients
• CIBC Business Interest Account® (CBIA)
• CIBC Business Operating Account™ for Commercial/Corporate Clients

CIBC Business Operating Account™ for Small Business Clients

The CIBC Business Operating Account is a Canadian dollar account for the day-to-day operation of your business. The account can be accessed through CIBC bank machines, CIBC Telephone Banking, CIBC Online Banking, Branch Banking or by INTERAC* Direct Payment.

• Cheques, withdrawals and bill payments
• Over-the-counter deposits at any CIBC location accepting business deposits
• CIBC bank machine and INTERAC Direct Payment access (if "Additional Option" is selected)
• Unlimited CIBC Telephone Banking and CIBC Online Banking account balance or account activity inquiries
• Ability to transfer between CIBC accounts+ in person at your branch, via CIBC Telephone Banking or CIBC Online Banking
• Unlimited number of CIBC Small Business Convenience Cards™
• The ability to assign routine financial transactions and tasks to your delegates with the CIBC Small Business Customized Access® feature
• One month-end statement1

Two types of account plans are available:

+ Withdrawal and/or deposit charges may apply depending upon your account plan.
• Note: Clients who were issued more than two CIBC Convenience Cards™ prior to February 16, 2006 will continue to be charged for these additional cards a fee of $5.00 per card/month. This fee will continue to apply unless you replace these issued cards with a new CIBC Small Business Convenience Card.

CIBC Business Operating Account for Small Business, Additional Option*

The CIBC Business Operating Account, Additional Option includes all of the features/services of the CIBC Business Operating Account for Small Business, plus the following:

• CIBC bank machine and INTERAC Direct Payment access
• Unlimited CIBC bank machine account balance and account activity inquiries
• Ability to transfer between CIBC accounts+ via CIBC bank machines
• Wallet Depository service6

* Some eligibility requirements must be met. Talk to a CIBC business advisor for details.
+ Withdrawal and/or deposit charges may apply depending upon your account plan.

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CIBC Business Operating Accounts for Commercial/Large Corporate
Clients

The CIBC Business Operating Account is a Canadian dollar account that offers
features and functionality designed to satisfy all of your business transactional needs.

• Cheques, withdrawals and bill payments
• Over-the-counter deposits at any CIBC location accepting business deposits
• One month-end statement1

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CIBC Business Interest Account®

The CIBC Business Interest Account (CBIA) is a tiered savings account for business clients, and is available only in Canadian dollars.

You can transfer surplus funds from an operating account, such as a CIBC Business Operating Account, into your CBIA to take advantage of higher interest rates+. The CBIA is not intended to act as an operating account. Rather, it is an account that allows you to earn interest on surplus funds.

• Daily interest, which is calculated on each day's final balance
• Tiered interest - balance levels determine the interest rate
• Annual Bonus Interest Rate - regardless of the daily balance amount, bonus interest is paid on the minimum balance in the account during the calendar month

Note: Deposits of coin, currency, more than four cheques at once or a combination of these are not acceptable. Overdraft protection is NOT available for this account.

For CIBC Business Interest Accounts, interest is credited to your account effective as of the last business day of the calendar month. However, the interest cannot be withdrawn, and will not be printed at branch terminals or at CIBC bank machines, nor made available through CIBC Telephone Banking or CIBC Online Banking until two business days after the end of the calendar month. Interest rates quoted are annual and are subject to change without prior notice and are on display at any branch. For the purposes of calculating bonus interest, a deposit made on the first business day of the calendar month is credited as if it were actually made on the first day of the calendar month (if earlier).

+ Withdrawal charges may apply.

± Debits include any debits to your account initiated by you including, without limitation, cheques, withdrawals, pre-authorized payments, bill payments, INTERAC Direct Payments and transfers between accounts.

1 Only the front of cheques will be imaged.

TM Trademark of CIBC.

® Registered trademark of CIBC.

* INTERAC is a trademark of Interac Inc., CIBC is an authorized user of the trademark.

1 If there is no account activity, a statement is not produced.
2 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 "Items Deposited" charges, where applicable, may apply. Additional "Currency Supplied" charges, where applicable, may apply. Refer to Additional Services and Charges for details.
3 Free transaction(s) cannot be carried forward for use in subsequent months.
4 Monthly fee applies even if there is no account activity. Other fees may apply to the operation of your account; see Additional Services and Charges for details.
5 If you choose a Flat Fee Package and perform fewer than the allowed number of transactions in a month, the unused transactions cannot be carried forward to subsequent months.
6 Cost of wallets is extra.

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