CIBC Wire Transfer Limit and Fees (2026): Domestic and International

For personal clients, a traditional CIBC wire is not self-serve online: CIBC’s own site tells clients to “visit a CIBC Banking Centre” once they have the recipient’s details. The outgoing fee is $30.00 ($10,000 or less), $50.00 ($10,000.01-$50,000), $80.00 (over $50,000), tiered by the amount rather than by destination, and receiving a wire costs $15.00 per payment. CIBC says most wires are completed within 1 to 3 business days. Its SWIFT/BIC code is CIBCCATT.

For sending abroad without a branch visit, CIBC offers CIBC Global Money Transfer, a separate product with its own limits, covered below.

CIBC wire transfer fees and options

From CIBC’s “Sending and Receiving Wire Transfers” page and its “Personal Account Service Fees” schedule:

CIBC’s other account charges are in the CIBC fees guide.

Sending a CIBC wire

1. Gather the recipient’s details: for a wire within Canada, the institution, transit and account numbers; for an international wire, the SWIFT/BIC code, the IBAN where the country uses one, the account number and the recipient’s full address.
2. Visit a CIBC Banking Centre with government-issued photo ID.
3. The CIBC representative sends the wire, confirms the amount, currency and fee, and gives you a confirmation.

The guide to wire transfers in Canada explains how wires work at any bank, and how long a wire transfer takes covers timing.

Receiving an international wire into a CIBC account

Give the sender:

• SWIFT/BIC code: CIBCCATT
• Bank name: Canadian Imperial Bank of Commerce
• Bank address: the full address of your own branch (street, city, province, postal code and country), as CIBC’s wire instructions ask, not CIBC’s head office
• Your transit and account numbers, as shown in CIBC Online Banking under Account Details
• Your full name as it appears on the account

Use the transit number shown in your own online banking rather than one from a directory. The CIBC routing number page explains CIBC’s institution number and transit numbers.

CIBC Global Money Transfer limits

Global Money Transfer sends money abroad from CIBC Online Banking or the app. It does not handle transfers within Canada. Per CIBC’s page:

It covers 130+ destination countries, with a $0 CIBC transfer fee and an exchange-rate margin. To send one, sign in, open Global Money Transfer, choose the source account, the country and the delivery method (bank account, card or cash pickup, depending on the destination), check the exchange rate, and confirm.

Payments that don’t need a wire

Inside Canada, many payments fit CIBC’s e-Transfer caps of $3,000 per 24 hours, $10,000 per 7 days and $30,000 per 30 days, explained on the CIBC e-Transfer limit page. A home or vehicle seller may instead want a draft: CIBC charges $9.95 (all currencies), and getting a bank draft in Canada walks through the process. For CIBC’s ATM, debit and mobile-deposit limits, see the bank limits hub.