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CIBC Electronic Funds Transfer (EFT) Direct Deposit is an electronic payment service that provides your business with a fast and simple way to issue Canadian and U.S. dollar payments to accounts at any financial institution in Canada.
Reduce the uncertainties associated with the timing of payments and the possibility of fraud from lost or misdirected cheques.
Submit your electronic payment files online and your beneficiaries will be paid on the date you request.
CIBC Cash Management Solutions can help you take better control of your banking needs - giving you more time to focus on what matters to your business. Get started today:
The above is intended to be only a general description of this product and its features. Some conditions may apply. CIBC reserves the right to change or discontinue this product or any of its features at any time. This product and its features are subject to the terms and conditions of the applicable agreement governing its use.
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