TD Bank Every Day Business Plan C

Amount:

Type:

Chequing

Description:

TD Canada Trust offers an Every Day Service Plan C chequing account, as a cost-effective way to conduct business banking, with a monthly plan fee of $72.00.

Comments on Funding:

This account offers the following details and benefits:
Account Details:
a. Monthly Plan Fee: $72;
b. Fee Rebate with Minimum Monthly Balance: $45,000;
c. Transactions included per month: 120.

Benefits:
1. All Every Day Service Plans include 2 free monthly e-Transfers to send or request money using Interac e-Transfer®.
2. Capability to send Additional Remittance Details (subject to a fee of $0.50).
3. $10 monthly fee rebate on Business Overdraft Protection.
4. All debit and credit card deposits credited to your account through POS terminals, are non-chargeable transactions and are not subjected to transaction and deposit item limits.

Deadline:

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. Included Business Overdraft Protection is available only on Canadian dollar accounts. Subject to complying with TD Canada Trust lending policies and criteria.
2. The monthly plan fee will be rebated when cardholders’ daily balance is greater than or equal to the required amount throughout the month.
3 Deposit items are cheques (including cheque image through TD Remote Deposit Capture and TD Mobile Deposit), money orders, drafts and all other clearing items.
4 Cash deposits are paper currency and coins, rounded to the nearest dollar.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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