How To Auto Deposit Cibc

how to auto deposit cibc>

How to Auto Deposit CIBC - A Comprehensive Guide

Canadian Imperial Bank of Commerce (CIBC) offers advanced mobile banking services to its customers, one of which is auto deposit. With this feature, users can deposit money to their accounts without any hassles. Follow this guide to know more about how you can take advantage of this service through online banking, the mobile app, or by calling the customer service.

What is Auto Deposit?

Before we delve into the methods of setting up auto deposit, let’s spell out what CIBC's auto deposit feature means. This feature automatically deposits any money sent to your email address directly into your account. In other words, it eliminates the stress and time of manually accepting e-transfer and depositing them into your account.

Using CIBC Online Banking

The first method we’ll explore is how to set up auto deposit through CIBC's online banking platform. Here are the steps:

  • Sign in to your CIBC Online Banking.
  • From the dashboard, click on “Interac e-Transfer”.
  • Tap on the "Autodeposit Settings" option.
  • Then, register your email address and link it to your account where you want the money to be deposited.
  • Follow the instructions on screen to complete the setup. You'll get a confirmation email once done.

Through CIBC Mobile App

For folks who prefer mobile banking, the CIBC mobile app is another platform where you can set up your auto deposit. Here's how:

  • Launch the CIBC Mobile App on your device and sign in.
  • Select the “Interac e-Transfer” option from the dashboard.
  • From the dropdown menu, choose "Autodeposit Settings".
  • Link your email address to your account and follow the steps provided by the app. Upon successful registration, you'll receive a confirmation email.

Contacting CIBC Customer Service

If you're not comfortable using online or mobile app banking, connecting with CIBC customer service for assistance is also available. Here's how you can proceed:

  • Call CIBC customer service at 1-800-465-2422.
  • Choose the “Banking Services” from the list of options provided.
  • Speak with a representative and request assistance on setting up auto deposit.
  • The representative will then guide you through the process.

Conclusion

CIBC makes banking easy with their auto deposit feature. Whether you prefer online banking, using the mobile app, or talking with a representative, CIBC gives you the flexibility to choose what suits you best. Now, you can automatically deposit e-transfers without any hassle, saving you valuable time for other essential tasks.

Note: The customer service route may involve more steps and take longer due to security verification. Please keep your account details handy. Remember, while automated systems like the auto deposit feature offer unrivalled convenience, it's crucial to monitor your banking transactions regularly for any discrepancies. Happy banking!

References

CIBC. (n.d.). How do I register for Autodeposit? Retrieved from CIBC official website.