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Ready to open an account?
A TD Business Banking
Specialist is ready for you.
Here's what you get
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Annual rebate
Annual rebate of the $149 Annual Fee5 for the TD® Aeroplan® Visa* Business Card or TD Business Travel Visa Card -
Waiver of set-up fees
Waiver of set-up fees for Small Business Banking term loans of up to a maximum aggregate amount of $500 per year.
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Business Overdraft Protection6
If approved for this service, $10 Business Overdraft Protection monthly fee is rebated. -
Savings on Cash Management Services
Cash Management7 Set-Up fee waived for Wire Payment Services, Incoming Wire Notification Service, Balance Reporting and Payments and Transfers Service, Remote Deposit Capture, and one Electronic Fund Transfer Originator ID.
Additional Fees and Features*
For details about the features of our Small Business Banking deposit accounts and plans, related services available, plus applicable rates and fees select the Small Business Accounts Service Plans and Related Products document.
How to open a TD Small Business Bank Account
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1
Collect your documents
Depending on the way you’ve structured your business, the documents you’ll need will vary.
Haven’t yet incorporated or registered a business name? Visit our Business Registration page.
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2
Choose an account type
Use our simple comparison tool to find an account that best suits your needs.
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3
Book an appointment
Schedule a virtual meeting with a TD Small Business Banking Specialist.
Ready to open your TD Business Account?
Depending on the way you’ve structured your business, the documents you’ll need will vary. To get started, select your business type.
- Certificate of Business Registration
- Trade Name Registration (if applicable)
- One piece of original and valid government issued photo identification
- Articles of Incorporation
- Certificate of Business Registration
- Trade Name Registration (if applicable)
- If your organization solicits donations from the public, Canada Revenue Agency registration business number is required
- Director Information, required for each director of the business
- Name, address, occupation including employer name and address
- Ownership Information, including full ownership structure with names and addresses
- Confirmation of business address, i.e., utility or property tax bill
- For each signing authority, one piece of original and valid government issued photo identification
- Partnership Agreement
- Certificate of Business Registration (if applicable)
- Trade Name Registration (if applicable)
- Partnership/ownership information, including full ownership structure with names, addresses, occupations including employer names and addresses
- Confirmation of business address, i.e., utility or property tax bill
- For each signing authority, name, address, occupation including employer name and address plus one piece of original and valid government issued photo identification
- Articles of Association (if applicable)
- Letter of larger association, authorizing the opening and operation of the account (if applicable; typically applies to sports teams or community associations)
- If your organization solicits donations from the public, Canada Revenue Agency registration business number is required
- Confirmation of business address, i.e., utility or property tax bill, or letterhead from your larger association
- For each signing authority, one piece of original and valid government issued photo identification
Frequently asked questions
If you’re operating a business, we require you to open a business account.
When operating a business, opening a business bank account has many benefits. By separating your personal and business banking, you can manage your finances more easily by tracking your income, expenses, and cash flow. You can also save time with tax filing, as it’s quicker to gather the financial information and transactions you need to file your business taxes.
Depending on the way you’ve structured your business, the documents you’ll need will vary. For details, you can refer to How to Open a Business Account.
Yes, you can have more than one bank account. Our dedicated business advisors can help answer any questions based on your needs.
Our TD Business Digital Account may be a great fit for your business needs, as it provides you unlimited Electronic Transactions10, unlimited Deposit Items3 and 10 included Interac® e-Transfers4 per month.
Your time is valuable. That’s why we’ve dedicated TD Business Banking Specialists to help you complete the account opening process remotely by phone.
For more information, select How to Open a Business Account.
There's no initial minimum deposit needed to open a TD business account.
We currently do not have an option to open an account online. We have dedicated TD Business Banking Specialists to help you complete the account opening process remotely by phone.
We have several business bank accounts available to meet the unique needs of your business. When choosing, consider the frequency and type of transactions and the balance you expect to maintain.
You can use the Account Comparison Tool to navigate options or book an appointment with a TD Business Banking Specialist.
Business banking products and services
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