CIBC Wallet Depository Service

The Wallet Depository Service is designed for business customers who deposit large amounts of cash, coin, or cheques and/or have business needs which may include banking outside regular banking hours. Use of the Wallet Depository Service is available to customers with a CIBC Business Operating AccountTM (BOA).

Convenience: Make your deposit any time you'd like

  • Make your deposits 24 hours a day, 7 days a week
  • Make your deposit at a location that is convenient for you
  • Access a CIBC depository facility that is close to your place of business or home (prior arrangement required)

Same Day Credit: Have your business account credited the same day your deposit is made

  • Receive same day credit for deposits made before 6 p.m. local time on business days by using the combined ABM-Wallet Combo Depository Service

Choice of Services: Choose from the following Wallet Depository Services to match your needs

  • Regular Wallet Depository Service - Place your deposits into the CIBC depository facility at any time of the day for credit to your business account 
  • ABM-Wallet Combo Depository Service - Input the deposit amount at the CIBC bank machine for credit to your business account and place the deposit in the CIBC depository facility (at the same time and same location) 
  • ACC (Armoured Car Carrier) Direct Service - Arrange for deposits to be picked up by an accredited CIBC armoured car service and transported to a currency operations centre for processing. Ideal for business with large volumes of cash regularly being deposited 

Run Your Business Your Way

The CIBC Wallet Depository Service can help you with your banking needs and give you more time to focus on what matters to your business.

Get started today - talk to a CIBC advisor at your nearest branch.