https://wealthnorth.ca/banking/bank-reviews/cibc/Recent content in CIBC Review 2026 | Canadian Imperial Bank of Commerce on WealthNorthHugo -- gohugo.ioen-caSun, 03 May 2026 21:59:06 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/fees/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/fees/CIBC’s standard personal chequing account (Smart Account) costs $14.95 per month, waivable at a $3,000 minimum daily balance. The NSF fee is $45 per returned item. CIBC Investor’s Edge charges $6.95 per trade — the lowest commission among Big Five bank brokerages. Simplii Financial, CIBC’s own digital brand, provides the same 3,400+ ATM network at $0 per month with unlimited transactions. For most fee-conscious Canadians, the question is not which CIBC account to choose, but whether a Simplii/EQ Bank combination — $0 fees plus 4%+ savings interest — outperforms any CIBC account tier.https://wealthnorth.ca/banking/bank-reviews/cibc/atm-withdrawal-limit/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/atm-withdrawal-limit/CIBC’s standard daily ATM withdrawal limit is $1,000 for most personal chequing accounts. This limit resets at midnight Eastern Time each day and applies to cash withdrawn at ATMs — it does not affect debit purchases at point-of-sale terminals, which have a separate daily limit (typically $2,500–$5,000 depending on your account tier and CIBC’s review of your account). CIBC operates 3,400+ ATMs across Canada. Simplii Financial clients — CIBC’s no-fee digital brand — have full access to the same CIBC ATM network at no surcharge, giving Simplii users the same cash access footprint without paying CIBC’s monthly account fees.https://wealthnorth.ca/banking/bank-reviews/cibc/hours/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/hours/Most CIBC branches follow a standard schedule of Monday to Friday, 9:30 AM to 5:00 PM local time. A smaller number of locations in shopping centres and high-traffic urban areas offer extended weekday hours and Saturday service. CIBC’s branch hours are more limited than TD — one of TD’s most commonly cited advantages is its extended-hour branches open until 8:00 PM on weekdays and on weekends. For 24/7 banking needs, CIBC Online Banking, the CIBC mobile app, and ATMs are available around the clock regardless of branch hours.https://wealthnorth.ca/banking/bank-reviews/cibc/customer-service/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/customer-service/CIBC’s main personal banking customer service line is 1-800-465-2422, available 24 hours a day, 7 days a week. This covers general account inquiries, lost or stolen cards, fraud reports, and most personal banking needs. For CIBC Investor’s Edge, a separate line handles brokerage-specific inquiries. For complaint escalation beyond the branch or call centre, CIBC has an internal Ombudsman and the independent Ombudsman for Banking Services and Investments (OBSI) as a final escalation step.https://wealthnorth.ca/banking/bank-reviews/cibc/e-transfer-limit/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/e-transfer-limit/CIBC’s standard Interac e-Transfer limits are $3,000 per transaction, $10,000 per day, and $30,000 per month for personal chequing accounts. These limits are set in part by the Interac network itself — the $3,000 per-transaction cap is a network-wide ceiling that applies at every Canadian financial institution, not only CIBC. Interac e-Transfers are included free with CIBC Smart Account and Smart Plus. On the Everyday Chequing account ($4.95/month, 12-transaction limit), each e-Transfer counts toward the monthly transaction allowance — a factor worth considering for frequent senders on the entry-level tier.https://wealthnorth.ca/banking/bank-reviews/cibc/mobile-deposit-limit/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/mobile-deposit-limit/CIBC’s mobile cheque deposit feature — called Snap & Deposit — allows you to photograph and deposit cheques through the CIBC mobile app without visiting a branch or ATM. The standard limits are $5,000 per cheque, $10,000 per day, and $50,000 per month for personal accounts in good standing. Snap & Deposit supports Canadian dollar cheques only. USD cheques must be deposited at a CIBC branch in person. If you regularly receive USD cheques, the Smart Plus account includes a US dollar account feature as part of its bundle.https://wealthnorth.ca/banking/bank-reviews/cibc/routing-number/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/routing-number/CIBC’s institution number is 010. This three-digit code identifies CIBC on every Canadian electronic funds transfer and is the same for every CIBC branch and account in the country. Your complete routing number combines this institution number with your five-digit branch transit number — the transit number is what changes depending on which branch holds your account. The routing number format used on Canadian cheques and most direct deposit forms is written as XXXXX-010 (transit number first, institution number second).https://wealthnorth.ca/banking/bank-reviews/cibc/wire-transfer-limit/Mon, 06 Apr 2026 08:00:00 -0400https://wealthnorth.ca/banking/bank-reviews/cibc/wire-transfer-limit/CIBC wire transfers allow you to send funds domestically within Canada or internationally to almost any country. The online daily limit is approximately $50,000 for personal accounts. Domestic wires cost approximately $25 and international wires cost $40–$65 depending on destination and currency. CIBC’s SWIFT/BIC code for receiving international wires is CIBCCATT. Unlike TD (TD Bank US) and BMO (BMO Harris), CIBC does not have a US retail banking affiliate, so cross-border transfers to the US follow standard international wire procedures rather than an integrated cross-border banking product.