Introduction

Utilizing online banking services can significantly boost convenience and efficiency in managing your finances. However, being able to navigate these services and understanding how to use them such as how to stop auto deposit with CIBC, is essential. This article will guide you through three different methods: CIBC Online Banking, Mobile App, and by calling Customer Service.

Option 1: Stopping Auto Deposit Using CIBC Online Banking

CIBC Online Banking offers a user-friendly interface that allows you to manage your accounts effortlessly. To stop automatic deposits, follow these steps:

• Log into your CIBC Online Banking account
• Click on the “Accounts” section on your dashboard
• Find the “Transfers” option and select it
• Here, you’ll find your active transfers, including automatic deposits. Choose the deposit you want to cancel
• Click “Cancel” and confirm your decision

Option 2: Stopping Auto Deposit Using CIBC Mobile App

For those who prefer banking on-the-go, the CIBC Mobile App offers a convenient option. The steps to stop auto deposit are similar to the online banking method:

• Open your CIBC Mobile App and log into your account
• Tap on the “Menu” icon in the top left corner of your screen
• From the drop-down list, select “Transfers”
• In the list of active transfers, find the auto deposit you want to cancel
• Tap “Cancel” and then confirm

Option 3: Stopping Auto Deposit by Contacting CIBC Customer Service

If you’re not comfortable with internet banking, or you encounter challenges stopping the auto deposit, then contacting CIBC Customer Service provides a viable solution. Here’s how:

• First, call the CIBC Customer Service at "1-800-465-2422"
• Follow the automated instructions before connecting with a customer service representative
• Once connected, explain that you want to stop an automatic deposit and provide the relevant account details

Conclusion

While digital banking is convenient, understanding how to navigate and use it effectively can be a challenge at times - just like stopping auto deposit with CIBC. Luckily, CIBC provides different methods to manage your banking needs. Whether through online banking, a mobile app or old-fashioned phone call, it's easy to stop automatic deposits and take control of your financial activity. Always remember, if you're struggling with the digital platform, the CIBC customer service is available to help you.