Small Businesses Get More Flexibility and Choice In The New Checking Accounts Offered By TD Bank

Fred Graziano (Head of Regional Commercial Banking) Government Banking & Small Business TD Bank states that the most distinguishing feature about TD Bank is the fact that they provide convenient products to their customers and small business owners, along with excellent customer service, which sets them apart from the rest.

Head of Business Banking Product Management at TD Bank also added that they carried out extensive research and also gathered a lot of feedback from customers. This design was then used in order to create a new checking suite for the small businesses. This offers more convenience as well as attractive benefits to customers. Some of the checking accounts offered via TD Business Checking are TD Business Convenience Checking Plus, TD Business Simple Checking, and TD Business Premier Checking.

TD Business Convenience Checking Plus is most suitable for medium-sized businesses with annual revenues of over $100,000 and mature businesses with more transactions and moderate deposit balances as well.

TD Business Simple Checking is generally meant for smaller businesses or start-up companies that have fewer transactions and low balances.

TD Business Premier Checking is meant for mid-to-large businesses with annual revenues of around $50,000 and above. This is ideally suited for businesses that may be on the lookout for products that are relationship based, where they may get better rewards on higher deposit balances. These accounts have rewards such as ‘safe deposit box’ discounts, discounts on business loan rates, free check images on the paper statements etc.

All TD Business Checking accounts come with high-performance online banking systems that include features such as bill pay, online transactions, and real-time information etc. They also offer instant ATM/Debit cards that may be used in over 1,870 ATMs as well as live customer service 24X7.

These TD Business Checking accounts are beneficial for the existing as well as new customers. The existing small business customers may either choose to continue with the same account or they may make the switch to new products offered by TD Bank.