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How to Cancel Auto Deposit CIBC: A Comprehensive Guide

For many people, auto deposits are a godsend, allowing them to sit back and automatically save or pay off loans. But, there might come a time when you want to cancel this automatic feature. This article provides step-by-step instructions on how to cancel your auto deposit with CIBC through various supports, including online banking, mobile app, and calling customer service.

Cancelling Auto Deposit CIBC via Online Banking

Firstly, let's explore how you can cancel your auto deposit CIBC through its online banking platform. Here is a step-by-step guide:

• Visit CIBC’s website and log in to your online banking account.
• Navigate to your account summary and select the account linked to the auto deposit you wish to cancel.
• Search for the "Manage Autodeposits" and click on it.
• Identify the auto deposit you wish to cancel and click "Cancel".
• Confirm your decision to terminate the auto deposit.

Once you follow the steps, the auto deposit setup should be discontinued.

Cancelling Auto Deposit CIBC via Mobile App

If you prefer to use your mobile device, the CIBC Mobile Banking App can also be quite convenient. Here are the steps:

• Open the CIBC mobile app on your device.
• Sign in to your account using your credentials.
• Under the account list, select the account where the auto deposit has been set.
• Click on the "autodeposit" activity.
• Select the auto deposit you want to cancel and click "Cancel Autodeposit".

Thus, with just a few taps, you can easily cancel your auto deposit on your CIBC mobile app.

Cancelling Auto Deposit CIBC via Customer Service

If you are not comfortable making these changes yourself, CIBC customer service is always available to help. Follow these steps:

• Dial the CIBC customer service number (1-800-465-2422).
• Follow the voice prompts until you connect with a customer service representative.
• Request assistance to cancel the auto deposit on your account.
• Provide the necessary information to verify your identity.
• Wait for the representative to confirm the cancellation.

There is no need to worry about messing up – the customer service agent is there to ensure the process runs smoothly.

Conclusion

Cancelling an auto deposit with CIBC does not have to be a daunting task, regardless of whether you prefer online banking, using your mobile app, or simply making a phone call. By following these simple steps, you can quickly and easily cancel your auto deposit, giving you greater control over your financial management.

Remember, it is essential to double-check and make sure that your auto deposit is indeed cancelled. If you notice it hasn't been after following these procedures, get in touch with CIBC's customer service as soon as possible.