TD Bank Adds to Chequing Product Range for US SMEs
TD Bank has introduced two new commercial chequing products which it says offer features, benefits, and choices for growing US small and mid-size businesses.
TD Commercial Convenience Checking and TD Commercial Simple Checking are chequing accounts that provide advanced payment services typically associated with treasury management in a simple and easy to understand package. The new offerings are promoted as allowing customers to manage their business finances more effectively and reduce service fees with earnings credits on balances.
“We recognise that emerging commercial businesses have advanced banking and payment needs, but may not be ready for full scale treasury management services. We’ve responded with solutions that satisfy the needs of such businesses, conveniently and affordably,” said Ravi Subbaraya, senior vice president (SVP) and head of business banking products at TD Bank.