A secure and reliable way to send time-sensitive payments to recipients within Canada and globally
CIBC Wire Payments service offers your business a fast, dependable way of managing payments in any major currency to beneficiaries around the globe.
As companies expand their supply chains globally, international transmission of guaranteed funds is an increasingly important factor in maintaining good business relationships. CIBC's extensive global network of correspondent banking relationships facilitates prompt payment and settlement abroad and ensures your beneficiaries receive their funds as quickly as possible.
Save time and money
- Online service allows you to initiate wire payments from your personal computer anywhere, anytime
- Make payments in the currency of your choice, providing control over foreign exchange costs
Gain better control of your cash flow
- Eliminate float for same-day payments within North America
- Future-date outgoing wire payments for accurate cash flow forecasting
Simplify your disbursements
- Reconcile payments quickly and easily with detailed payment information
- Eliminate the risk of mailing payments internationally
- Provide suppliers with immediate access to irrevocable funds