How To Transfer Money From Cibc To Another Bank In Canada
How to Transfer Money from CIBC to Another Bank in Canada
Canadian Imperial Bank of Commerce (CIBC) is one of the Big 5 banks in Canada. It offers a range of financial services, including the capability to transfer money domestically. In this article, we will guide you on how to transfer money from CIBC to another bank in Canada via online banking, mobile app, and customer service.
Online Banking
Online banking is a convenient method that allows you to transfer money from one bank to another without leaving the comfort of your home. Here's a step-by-step guide on how to do this with CIBC:
- Log in to your CIBC Online Banking.
- From your home screen, click on 'Transfer Funds'.
- Enter the amount you wish to transfer.
- Select your source CIBC account and the destination bank account.
- Verify the transaction details and click on 'Confirm'.
Using the Mobile App
You can also transfer money from your CIBC account to another bank using CIBC's mobile app. Enjoy the convenience of making transactions while on-the-go. Here's how you can do it:
- Open the CIBC mobile app on your device and sign in.
- Go to 'Transfers' on the home screen.
- Choose the account you want to transfer money from, then select the bank you wish to transfer to.
- Enter the amount you wish to transfer and press 'Continue'.
- Review all details and confirm the transaction by pressing 'Submit'.
Calling Customer Services
If you're not comfortable with online banking or the mobile app, or you need help completing the transaction, you can call CIBC’s customer services. Follow these steps:
- Call CIBC’s customer service line at 1-800-465-2422.
- Follow the automated prompts, or ask to speak with a representative.
- Provide your account details, verify your identity, and ask to do a funds transfer.
- The representative will guide you through the steps to transfer your money to the other bank.
Moving money from CIBC to another bank in Canada has never been easier with these three options. Choose the method that suits your needs and preference for a smooth transaction.