How To Transfer Money From Savings To Checking Cibc

how to transfer money from savings to checking cibc

How to Transfer Money from Savings to Checking Account with CIBC

Are you wanting to move some funds from your savings to your checking account at CIBC? This can be achieved with ease using several methods. This article will detail out three different methods to do this - Online Banking, Mobile App, and via Customer Service.

Transferring Money Online

For those comfortable with banking on their computers, this section outlines how to transfer funds from your savings to checking account using CIBC's online banking platform.

  • Login to your account on the CIBC homepage.
  • From your account overview page, select ‘Transfer funds’.
  • Then, select the account for the transfer to be made from.
  • Select the account to transfer to (your checking account in this case).
  • Enter the amount to be transferred, and hit ‘Next’.
  • Review all the details and click ‘Submit’ once you've confirmed everything is correct.

Once the transfer is confirmed, your savings and checking account balances will update immediately.

Transferring Money Using the Mobile App

If you're always on the go or prefer banking on your phone, you can also transfer money from your savings to checking account using the CIBC mobile app. Here's how.

  • Log into your CIBC Mobile Banking App.
  • Select ‘Transfer’ from the available options.
  • Choose your 'from' (savings account) and 'to' (checking account) accounts.
  • Enter the amount you wish to transfer.
  • Review your transfer details and tap ‘Confirm’ to finalize the transfer.

Like with online banking, your balance will update right away once the transfer is completed.

Transferring Money Through Customer Service

For those who prefer the human touch or are not yet comfortable with online banking, CIBC has helpful customer service representatives who can assist you.

  • Call CIBC's customer service number.
  • Keep your account information handy, as they will need this to assist you.
  • Once connected to a representative, request the representative to transfer funds from your savings account to your checking account.
  • They will ask for your account details and may ask security questions to verify your identity.
  • Once everything has been confirmed, the representative will make the transfer for you.

Please note that it might take longer to reflect the transfer when done by telephone.

Conclusion

CIBC offers convenient options to transfer funds from your savings account to your checking account. Whether through online banking, the mobile app, or over the phone, you can move your money with ease.

Remember to double-check your details before confirming any transfer, regardless of the method. Now, managing your funds is just a click or a call away.