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You can choose among a wide variety of account types at TD Bank. Opening an account is also easy. You can even do it online. However, certain account types would require you to visit a branch. Refer to these steps on how to apply online and in person:
Open the TD Bank Business Account page.
There, you’ll see many account options. Select the one you think would suit your business’s needs.
You may also open a checking or deposit/credit line account for your business.
If you can do the transaction online, proceed to the application process on your computer. On the other hand, you may also book an appointment to visit the nearest branch or contact a representative located at TD Bank near you.
Per TD Bank’s website, any business owner can book an appointment to talk to a representative about their eligibility to open a checking, savings, and money market business account in TD Bank. The basic requirement they provided includes the following:
Businesses that have up to 4 signers (for online applicants)
Businesses that are located in a state where TD Bank operates
Here are the documents you should prepare if you plan to open a business account at TD Bank:
Fictitious name/assumed name/DBA/trade name certificate
Association bylaws or recent officer election meeting minute
Partnership Banking Agreement
If you’re applying in person, you should also prepare the following in addition to those above (if applicable):
Articles of Incorporation, Certificate of Good Standing, or any other document you used to form/register your business
Board of Directors Resolution/BylawsLLC Operating Agreement
TD Bank offers many different accounts, so fees may range from 0 to 100+ monthly. Here is a summary of how much you may incur when you use TD Bank for your business transactions:
Everyday Business
TD Everyday Business Plan A: starts at $19/month
TD Everyday Business Plan B: starts at $39/month
TD Everyday Business Plan C: starts at $72/month
TD Basic Business Plan: starts at $5/month
TD Unlimited Business Plan: $125/month
Business Savings Account: starts at $0
TD Community/Not-for-profit Plans: starts at $1.95
AgriInvest Account: Varies
Dollar Accounts
US Dollar TD Everyday Business Plan A: starts at $19/month
US Dollar TD Everyday Business Plan B: starts at $39/month
US Dollar TD Everyday Business Plan C: starts at $72/month
US Dollar TD Basic Business Plan: $5
US Dollar TD Unlimited Business Plan: $125/month
US Dollar TD Community: starts at $.195/month
Our Remitbee offers an easy and affordable way to carry out your business’s day-to-day transactions. You can easily open an account online and start transacting upon verification.
Aside from that, Remitbee also gives you the best CAD-USD exchange rate. We only take 0.3% to 0.6% of the converted amount, saving you up to $2,000. Check out the advantages you can get when you use Remitbee for your business:
Transfer up to $100k every day
No fees for transactions above $500
Receive your money within minutes
Highest exchange rates
100% money-back guarantee
Setting up a Remitbee Business Account is as easy as creating a personal account. To verify your business account, you only need proof of your address. To get more information on how to open a business account on Remitbee, refer to this link.