TD bank business account

TD Bank Group is a Canadian multinational banking and financial services company founded in 1855 as the Bank of Toronto. Through numerous mergers and acquisitions over the years, it has grown into an award-winning institution recognized for its outstanding banking experience. Today, TD Bank serves over 26 million customers globally with a workforce of more than 90,000 employees.

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Trademark Disclaimer: TD Bank is a trademark of TD Bank with whom Remitbee Incorporated ("We," "Us," "Our") has no direct or indirect. association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

How To Open a Business Account With TD Bank?

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:
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Eligibility for Opening a TD Bank Business Account

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

Required Documents for TD Bank Business Account Application

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:
  • 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/Bylaws
  • LLC Operating Agreement

TD Bank Business Account Fees

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

  • Plan A starts at $19/month
  • Plan B starts at $39/month
  • Plan C starts at $72/month

Other Business

  • Business plan starts at $5/month
  • Unlimited Business plan starts at $125/month
  • Business saving plan starts at $0/month

Community

  • 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

Consider Remitbee for Your Business Account Needs

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.

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