How to Increase Your Interac e-Transfer Limit with CIBC: A Comprehensive Guide

In the digital age, Interac e-Transfer has emerged as a premier electronic money transfer service in Canada. With the advent of online and mobile banking, customers now have complete control over their transactions. If you're a CIBC customer looking to increase your e-transfer limit, this guide walks you through the process using your online banking, mobile app, or by calling CIBC customer service.

Option 1: Increasing e-Transfer Limit via Online Banking

CIBC's online banking platform is user-friendly and designed to give users as much control as possible over their banking activities, including adjusting their Interac e-Transfer limit. Below is a step-by-step guide:

• First, navigate to the CIBC Online Banking login page.
• Enter your card number and password to log in to your account.
• Once you're in, look for the "Customer Services" tab.
• Under this tab, you will find an option for "Manage Limits."
• Make the necessary changes to your Interac e-Transfer limit.

After making these changes, save them and log out. Your new limits should be effective immediately.

Option 2: Increasing e-Transfer Limit via Mobile App

The CIBC Mobile Banking App offers a seamless platform for all your banking needs, including managing your e-Transfer limit. Here are the steps:

• Download and install the CIBC Mobile banking app if you don't have it already.
• After setting up your account, log in using your card number and password.
• In the menu, select "More Services."
• Select "Manage Limits" under the menu options.
• Adjust your Interac e-Transfer limit to reflect your preferences.

Remember to save your changes before logging out of the mobile banking app. Your new limit should be effective straight away.

Option 3: Calling CIBC Customer Service

For those who prefer person-to-person assistance, CIBC customer service representatives are available to guide you through the process of increasing your e-transfer limit. Here's how:

• Reach out to CIBC Customer Service at 1-800-465-CIBC (2422) or the number on the back of your bank card.
• After navigating through the menu options, request to speak with a representative.
• Once connected, tell them you wish to increase your Interac e-Transfer limit.
• The representative will guide you through the process and confirm the changes with you.

By calling CIBC customer service, you can verify your changes immediately and ask any follow-up questions.

Conclusion

The ability to increase your Interac e-Transfer limit with CIBC is a testament to the power of digital banking. Whether you prefer to use online banking, the mobile app, or call customer service, CIBC offers a way that works for you. Embrace the power of financial control in your hands.