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Business Classic Checking

almost 8 years ago
0 stars 0 ratings
Designed for businesses with moderate banking volume (100 or more transactions per month), this account provides earnings credit to offset monthly service and transaction fees. Limited to sole proprietors, nonprofits, and government institutions.
Services/Benefits
  • Overdraft Protection available
  • Business online services
  • Package of additional benefits for business savings, CDs and personal checking.
  • $100 minimum to open
Monthly Service/Maintenance Fees*
  Check Safekeeping $10
  Image Statement $12
  Check Enclosure $14
*Minimum required combined monthly average balances to avoid fees:
maintain $4,000 or more combined monthly average balance in this account and other linked Business Classic accounts.
Number of Monthly Transactions Allowed
  200 per monthly service cycle (includes all customer-initiated debits and credits, plus deposited items)
  If number of transactions in monthly service cycle exceed plan amount will result in a $.40 excess fee per transaction
Cash Deposit Limit
  First $5,000 per month free
ATM/Check Card Transaction Fees
 
  • $2.00 each for any non-CIMBank ATM withdrawal, inquiry or transfer
  • $3 per withdrawal, inquiry or transfer outside the U.S.1
  • A 3% exchange rate adjustment fee applies to international cash withdrawals.
  • Other miscellaneous fees may apply. See a banker for details.