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What Time Does CIBC Deposit Money: A Comprehensive Guide

If you're banking with CIBC, understanding when deposits are made can be crucial in order to plan your finances effectively. In this article, we'll discuss when CIBC deposits money and the options available to you through online banking, mobile app, and their customer service.

Understanding CIBC's Deposit Schedule

At CIBC, there are several factors that influence when your deposits get credited to your account. These include the type of deposit (cheque, direct deposit, wire transfer, etc.), the time it was made, and even the day of the week. Essentially, you can expect your funds to be available the next business day after the transaction was made – barring any additional verification or hold periods.

How to Monitor Deposits through Online Banking

CIBC's online banking platform offers a convenient way to keep track of all transactions, including deposits. Once you've logged in, all transactions made within the past 30 days will be displayed on the home page. But here's how you can specifically check for deposits:

• Navigate to the 'My Accounts' section and select the relevant account.
• Click on 'Transaction History.'
• In this section, you can filter transactions based on type (credit/debit) and time period.
• Look for 'Deposit' or 'Credit' transactions. The status, amount, and time of transaction will be displayed together.

Using the CIBC Mobile App to Track Deposits

You can also monitor your deposits on the go with the CIBC Mobile App. The app is user-friendly and offers the same features as their online platform. Here's how to check deposits via the app:

• After logging in, navigate to the 'My Accounts' section.
• Select the relevant account to access the transaction history.
• Apply filters to display deposits and credits if necessary.
• An overview of deposits, including amount, time and status will be shown.

Contacting CIBC Customer Service

If you are unable to access online banking or the mobile app, reaching out to CIBC's customer service is another alternative. CIBC's financial advisors are available 24/7 to answer any inquiries about your deposit times and offer guidance.

You can contact them through the following ways:

• Call the Contact Centre: 1-800-465-2422 for personal banking or 1-800-465-4653 for business banking.
• For international calls, use the number 1–902–420–2422.
• If you're hard of hearing or have speech impairments, use their Teletypewriter (TTY) number: 1-877-331-3338.

In conclusion, CIBC provides a range of tools to assist you in monitoring your money. By utilizing CIBC's online banking platform, the mobile app, or their attentive customer service, you can stay updated on your deposit timings and manage your finances better.