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
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    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
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    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.

    How to apply