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How To Set Up Direct Deposit Through CIBC: A Comprehensive Guide

In today's digital age, setting up direct deposit has become a must, particularly for those who prefer cashless transactions for convenience and safety. The Canadian Imperial Bank of Commerce (CIBC) offers its clients a straightforward way to set up direct deposit. This informative article will give you a step-by-step guide on how to get direct deposit from CIBC— through online banking, their mobile app, or by calling customer service.

Setting Up Direct Deposit Through Online Banking

Online banking offers the easiest and fastest way to set up your direct deposit. Here are the steps you need to follow:

• Log in to your CIBC Online Banking account, using your card number and password.
• On your account overview page, select the account into which you want the direct deposit to be set.
• Click on 'Direct deposit form' under the 'I want to' section.
• Fill in the necessary details on the form like your account number, and your bank’s transit number.
• Once you've completed the form, you can print, email, or download it to send to your employer or benefits provider.

Using CIBC Mobile App for Direct Deposit

If you prefer accessing your finances on-the-go, you may want to consider setting up your direct deposit through the CIBC mobile app. Here's how:

• Download the CIBC mobile app from either the Google Play Store or the Apple App Store and install it on your mobile device.
• Open the app and sign in to your account.
• On the account dashboard, tap on the account that you want the direct deposit to be transferred into.
• Scroll down until you see the option 'Direct deposit form' and tap on it.
• Complete the form, providing all the necessary information, including your bank details and employer/benefits provider’s detail.
• Once you're done, you can conveniently send the form to your employer or benefits provider right from your mobile device– either by email or printing a PDF version of the form.

Calling CIBC Customer Service for Direct Deposit

For those who would rather have a step-by-step guide from a human, calling CIBC's customer service is an excellent option. Here's the process:

• Dial CIBC customer service at 1-800-465-CIBC (2422).
• When connected, request to speak with a representative who can assist with direct deposit setup.
• The customer service representative will take you through the process, asking for relevant details such as your bank and employer information, your CIBC account number, and your bank’s transit number.
• Once you've provided all of the necessary information, the representative will help you complete the process, and the form will be sent to your employer or benefits provider.

Setting up direct deposit with CIBC doesn't have to be a daunting task. With these three flexible and convenient options, you'll be able to complete the setup in no time and receive your funds directly into your bank account. No matter what method you choose, remember that CIBC's goal is to help simplify your banking experience and make sure you can access your funds quickly, safely, and efficiently.

Conclusion

Direct deposit offers several benefits such as convenience, safety, and time saving. By exploring the different channels CIBC offers for direct deposit setup, you can experience these benefits firsthand. Whether you choose to use online banking, the mobile app or customer service, CIBC provides an effortless approach to handle your financial transactions digitally.