CIBC Global Money Transfer™ can now be paid for using eligible credit cards, giving clients greater flexibility, plus the ability to earn cash back or travel points
Clients with loved ones overseas or across borders can now send a CIBC Global Money Transfer (GMT) paid for with a CIBC credit card, with no upfront fee and no interest charged on the purchase if the balance is paid in full by each statement due date.1 Most CIBC personal credit cards are eligible for this service.2 For a limited time, from now until
"2020 has been an unprecedented year, and we want to support our clients who may be providing financial assistance or would like to send monetary gifts to their loved ones around the world" said
CIBC Global Money Transfer, first launched in 2015, is powered by the foreign exchange expertise and technology of
Some of the features of CIBC's Global Money Transfer service include:
- No transfer fee and service to over 120 countries
- Competitive exchange rates
- Online convenience, with the ability to send a GMT through the CIBC Mobile Banking® App or CIBC Online Banking®
- A transfer limit of up to
$30,000 every 24 hours ($5,000 if using a credit card) - Most transfers will be received by the recipient within one business day
For more information about enhancements to the CIBC Global Money Transfer service, and promotional offers, clients can visit cibc.com/gmtrewards.
About CIBC
CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across
1 Only primary cardholders can use their eligible credit card account to pay for the service.
2 CIBC Aventura®, CIBC Aeroplan® and CIBC Dividend® credit cards, CIBC Select®, CIBC Classic®, CIBC Gold® and CIBC Vacationgold® credit cards are eligible for this service.
SOURCE CIBC
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