How to Receive International Money Transfers with CIBC: Your Comprehensive Guide

International money transfers have become an integral part of our lives as we navigate through business, personal artefacts, or even some exciting online shopping from a different country. Fortunately, the Canadian Imperial Bank of Commerce (CIBC) provides comprehensive and user-friendly methods to receive an international money transfer. This in-depth article guides you on how to execute this process through three convenient channels: online banking, the mobile app, and by calling customer service.

Receiving International Money Transfer via Online Banking

One of the most convenient methods of receiving your international money transfers is via your CIBC online banking platform. This option allows you to receive funds at your convenience from any location.

• Start off by logging into your CIBC online banking account using your card number and password.
• Once logged in, navigate to the “Transfers” section. You will find an option for “International Money Transfer”.
• From there, select ‘Receive International Money Transfer’.
• Enter the required information, including the amount of money and the currency it's been sent in. Provide the sender's information as well.
• Finally, accept the transfer. The money will be deposited directly into your selected bank account.

Receiving International Money Transfer via the Mobile App

For those who are always on the move, the CIBC mobile app is a perfect way to deposit international money transfers. With its user-friendly interface, you can receive money anytime and anywhere.

• Download the CIBC Mobile Banking App from Google Play or the Apple App Store and login using your card number and password.
• Navigate to the "Transfers" section on your dashboard, and choose the "International Money Transfer" option.
• Select 'Receive International Money Transfer' and input the required details, including the amount being sent, the sender's details and currency.
• Confirm the transfer, and the funds will be directly deposited into your chosen account.

Receiving International Money Transfer by Calling Customer Service

If you prefer speaking to a live agent or facing challenges with the online platforms, you can always opt to receive your international money transfers by contacting CIBC's customer service.

• Keep your card number and Phone Banking PIN ready. Call CIBC's customer service at 1-800-465-CIBC (2422)
• Once connected to a representative, request to receive an international money transfer.
• Provide the details of the transfer, including the sender's information, the amount, and the currency.
• Once the representative confirms the details, accept the transfer and it will be deposited into your account.

In conclusion, receiving international transfers with CIBC has never been easier. Whether you prefer using online banking, the mobile app, or speaking to a live agent, CIBC has got you covered. Remember that while these methods are secure, it's always important to protect your personal information and ensure you're sending and receiving funds to and from reputable sources. Happy banking!