How To Set Up Auto Deposit Cibc

how to set up auto deposit cibc

Managing finances can be a daunting task without the right advice and tools. In this digital age, CIBC ensures you have both at your disposal. With the convenience of auto deposit, you can both save time and manage your funds more effectively. This guide will walk you through the process of setting up auto deposit with CIBC through three different channels: online banking, mobile app, and calling customer service.

Setting Up Auto Deposit Via Online Banking

Online banking is one of the most convenient ways to manage your funds from the comfort of your home. Here's how you can set up auto deposit through CIBC's online banking portal:

  • First, access your account by signing into CIBC's online banking from your computer.
  • Once you've signed in, navigate to the 'Transfers' section and then select 'Setup auto deposits and transfers'.
  • In the next screen, choose the account from which your auto deposits will be made.
  • Specify the requisite amounts and the frequency of your auto deposits. Make sure to review the conditions before you confirm the initiation of the service.
  • Lastly, click 'Submit' to finalize your auto deposit setup.

Setting Up Auto Deposit Via Mobile App

If you prefer managing your finances on-the-go, CIBC's mobile app is a great tool for you. Below are the steps to set up auto deposit via the mobile app:

  • Begin by downloading and installing the CIBC mobile banking application if you haven't done so already.
  • Launch the app and sign in with your account credentials.
  • Head over to the 'Transfers' section, then select 'Setup auto deposits & transfers'.
  • Select the account from which funds will be auto-deposited, specify the amounts and set the frequency of transfers.
  • Review your setup, click on 'Submit' to get your auto deposit up and running.

Setting Up Auto Deposit Via Customer Service

If online portals aren't quite your thing, you can set up your auto deposit by simply making a phone call to CIBC's customer service. Here is how you can go about it:

  • Locate CIBC's customer service number on their official website or on the back of your bank card.
  • Call the number, follow the voice instructions carefully and choose the relevant option to talk to a representative about setting up an auto deposit.
  • Verify your identity with necessary details, then provide the essential account, deposit frequency, and amount information to the representative.
  • The representative will help you set up the auto deposit and confirm once the process is complete.

These three avenues, all provided by CIBC, ensure the flexibility that modern-day banking demands. Choose the method that makes the most sense to you, and start enjoying the benefits of auto deposit with CIBC.