TD Bank Basic Business Plan
Chequing
Description:
TD Canada Trust offers a Basic Business Plan chequing account, as a cost-effective way to conduct business banking, with a monthly plan fee of $5.00.
Comments on Funding:
This account offers the following account details and benefits:
Account Details:
a. Monthly Plan Fee: $5.00;
b. Transactions included per month: 5;
c. Additional Transaction Fee: $1.25 each;
d. Deposit items included per month: 5;
e. Additional Deposit Item Fee: $0.22 each;
f. Additional Cash Deposit Fee: $2.50 per $1,000.
Benefits:
1. Anywhere banking: Deposits through TD Mobile Deposit;
2. Easy deposits: All debit and credit card Point-of-Sale Terminal deposits that are electronically credited to a TD Canada Trust business chequing account;
3. Free services: Includes free online statements with cheque images, archived for seven years.
Continuous Intake
Eligibility:
Applicants must be businesses.
Application Steps:
To open an account, applicants must talk to an Account Manager Small Business (AMSB) to discuss their business needs or talk to a Small Business Specialist at the Bank’s Small Business Advice Centre: 1-866-222-3456.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
1. Deposit items are cheques (including cheque images through TD Remote Deposit Capture and TD Mobile Deposit), money orders, drafts and all other clearing items.
2 Cash Deposits are paper currency and coins, rounded to the nearest dollar.
About the author
Maurice
