† If you have a CIBC personal bank account (savings, chequing or a personal line of credit) or an eligible CIBC credit card but have not yet tried CIBC Global Money Transfer ("GMT"), request a GMT transfer and you will be credited 50 CAD in your CIBC account in 4 to 6 weeks. If you don’t have a CIBC personal bank account or an eligible CIBC credit card, open a new CIBC personal bank account (savings, chequing or a personal line of credit) or apply for a new CIBC credit card and if approved, you can make a CIBC Global Money Transfer within 60 days after account opening and you will be credited 50 CAD in your new account in 4 to 6 weeks. CIBC may cancel or change the offer at any time without notice.
1 CIBC foreign exchange rates apply. A Global Money Transfer and a Foreign Exchange transaction counts towards your allowable transaction limit, bank account transaction fees may apply. The recipient bank may charge the recipient a transfer fee. Must have a CIBC chequing, savings, personal line of credit or eligible credit card account to send a CIBC Global Money Transfer. Most transfers are completed by the next business day. However, there are times when a transfer requires 2 to 3 business days to be completed.
Review the CIBC Global Money Transfer Agreement (PDF, 135 KB) Opens in a new window..
2 Referrals must be made to first-time users of CIBC Global Money Transfer in order to qualify for credits.
3 To be eligible for the CIBC Welcome to Canada Package, you must have received Canadian permanent resident status within the past 5 years; any time period longer than 5 years does not qualify. You must request the CIBC Newcomer benefits when applying for a product. Other conditions may apply.