Business Chequing Account
Business Chequing Premium¹
Our Business Chequing Premium Account takes care of your day-to-day transactions for a low monthly fee of $5.00, with no hidden or escalating costs.
Key Features
Low monthly fee of only $5.00
No minimum balance requirement
Access your account 24 hours a day through ABM, Internet and phone banking
Available in Canadian and US dollars
Unlimited in-branch withdrawals and deposits
Unlimited access to over 2,200 ABMs - Unlimited deposits, withdrawals and balance inquiries at any ICICI Bank Canada ABM or THE EXCHANGE® network of ABMs‡
Unlimited bill payments online or at any of our branches
Unlimited direct deposits and pre-authorized debits
Unlimited online transfers to and from your external linked accounts
In-branch international and domestic wire transfers - $10 per transaction with currency exchange and $25 per transaction without currency exchange
¹Formerly called Business Chequing Account.
Business Chequing Elite
With our Business Chequing Elite Account, you can focus on your day-to-day business activities while earning interest on your balance.
Key Features
Monthly fee of only $24.95
No minimum balance requirement
Monthly fee rebate for maintaining a daily minimum balance of $20,000
Available in Canadian and US dollars
Tiered interest rates for balances over and above $20,000
Free initial cheque book of 50 cheques
Access your account 24 hours a day through ABM, Internet and phone banking
Unlimited in-branch withdrawals and deposits
Unlimited access to over 2,200 ABMs – Free and unlimited deposits, withdrawals and balance inquiries at any ICICI Bank Canada ABM or THE EXCHANGE® network of
ABMs‡
Unlimited bill payments online or at any of our branches
Unlimited direct deposits and pre-authorized debits
Unlimited online transfers between to and from external linked accounts
In-branch international and domestic wire transfers – No charge per transaction with currency exchange and $10 per transaction without currency exchange
Interest Calculation: Interest is calculated on daily closing balance and paid monthly. Interest is paid on portions of the balance within each tier based on the interest rate for that tier. The first interest payment is credited in the month following the month in which the account is opened.
In respect of both the Business Chequing Premium and Business Chequing Elite Accounts, interest is paid and fees are charged in the currency of the account.
‡ Neither ICICI Bank nor any of THE EXCHANGE® network ABM providers impose a surcharge for ABM deposits, withdrawals or inquiries.
*See the Schedule of Charges for our service fees and applicable conditions.