Is CIBC Bank Open Today? – All CIBC Bank FAQs Answered

Last Updated on February 10, 2025

CIBC (Canadian Imperial Bank of Commerce) is one of Canada’s leading financial institutions, providing a wide range of banking services to individuals, businesses, and agricultural clients. With a commitment to customer service and innovation, CIBC offers various products and services to meet the diverse needs of its clientele. Whether you’re new to CIBC or looking for specific information, this article aims to answer some of the most frequently asked questions about the bank.

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General Information	Contact Information
Operating Hours	Banking Details
Account Management	Services

General Information

What Does CIBC Bank Stand For?

CIBC stands for Canadian Imperial Bank of Commerce. Founded in 1867, it has grown to become one of the “Big Five” banks in Canada.

Who Owns CIBC Bank?

CIBC is a publicly traded company listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The bank is owned by its shareholders, who include individual and institutional investors.

Operating Hours

Days	Opening Hours	Closing Hours
Monday	9:30 AM	5:00 PM
Tuesday	9:30 AM	5:00 PM
Wednesday	9:30 AM	5:00 PM
Thursday	9:30 AM	5:00 PM
Friday	9:30 AM	5:00 PM
Saturday	9:30 AM	4:00 PM
Sunday	Closed	Closed

Is CIBC Bank Open Today?

CIBC branches generally operate from Monday to Friday, 9:30 AM to 5:00 PM, and Saturday, 9:30 AM to 4:00 PM. However, hours may vary by location, so it’s always a good idea to double-check with your local branch or their website. Some branches may have extended hours or be open on weekends.

What Time Does CIBC Bank Close?

CIBC branches generally close at 5:00 PM on weekdays and 4:00 PM on Saturday, but this can vary by location. Some branches might have extended hours on certain days or shorter hours on weekends.

Account Management

How to Open a CIBC Bank Account?

Opening a CIBC account is a straightforward process. Here’s a step-by-step guide:

1. Choose the Right Account: Determine what type of account you need (e.g., chequing, savings, investment).
2. Visit the CIBC Website or Branch: Go to the CIBC website or visit a local branch to start the application process.
3. Fill Out the Application Form: Provide your personal information, including your name, address, date of birth, and Social Insurance Number (SIN).
4. Submit Identification: Upload or present valid identification documents such as a passport, driver’s license, or other government-issued ID.
5. Review Terms and Conditions: Carefully read the account’s terms and conditions before proceeding.
6. Submit Your Application: After filling out the necessary details, submit your application online or in person.
7. Receive Confirmation: Once your application is processed, you’ll receive a confirmation email or letter with your new account details.

How to Close a CIBC Bank Account?

Closing a CIBC account involves several steps to ensure all transactions are complete and no obligations remain. Here’s a step-by-step guide:

1. Review Your Account: Ensure there are no pending transactions or obligations tied to the account.
2. Withdraw Remaining Funds: Transfer or withdraw any remaining balance in your account.
3. Visit a Branch or Call Customer Service: Go to a local CIBC branch or contact customer service to initiate the account closure.
4. Provide Identification: You’ll need to provide valid identification documents to confirm your identity.
5. Request Account Closure: Inform the bank representative that you wish to close your account.
6. Sign Closure Documents: Complete and sign any necessary documents required for closing the account.
7. Receive Confirmation: Obtain written confirmation that your account has been closed.

Contact Information

How Do I Contact CIBC Bank Customer Service?

You can contact CIBC customer service by calling 1-800-465-2422. Additionally, the CIBC website offers various contact options, including live chat and email support.

• For Telephone Banking – English: 1-800-465-2422
• For Telephone Banking – French: 1-888-337-2422
• For Telephone Banking – Text: 1-800-465-7401
• For Facebook – https://www.facebook.com/CIBC/
• For Youtube – https://www.youtube.com/user/CIBCVideos
• For Linkedin – https://www.linkedin.com/company/cibc/

Which CIBC Bank Branch Near Me

To locate a CIBC Bank branch near you, you can use the following methods:

1. CIBC Branch Locator: Visit the CIBC Branch Locator and enter your postal code, address, or share your location.
2. Google Maps: Open Google Maps, type “CIBC Bank” in the search bar, and it will show you the closest branches along with directions.
3. CIBC Website: Check the CIBC website for a list of branch locations and contact information.

Banking Details

What is CIBC Bank’s Transit Number?

The transit number is a unique identifier for each branch and is used for processing transactions. You can find your transit number on your chequebook or by contacting customer service.

What is CIBC Bank’s Institution Number?

The institution number for CIBC is 010. This number is used in combination with the transit number to process financial transactions.

What is CIBC Bank’s Routing Number?

The routing number is used for electronic transactions, such as direct deposits and wire transfers. You can find the routing number on the CIBC website or your chequebook.

Services

Does CIBC Bank Have Online Banking?

Yes, CIBC offers online banking through its EasyWeb platform. This service allows you to manage your accounts, pay bills, transfer money, and more, all from the convenience of your computer or mobile device.

What are CIBC Bank’s Loan Rates?

Loan rates at CIBC vary depending on the type of loan and your personal financial situation. It’s best to contact CIBC directly or visit their website for the most current rates and loan options.

Does CIBC Bank Offer Mortgages?

Yes, CIBC provides a variety of mortgage options to suit different needs, including fixed-rate and variable-rate mortgages. You can apply for a mortgage online, in person, or by contacting a mortgage specialist.

What are CIBC Bank’s Fees?

CIBC’s fees can include account maintenance fees, transaction fees, and other service charges. Detailed information about fees can be found on the CIBC website or by contacting customer service.

What are CIBC Bank’s Credit Card Options?

CIBC offers a range of credit cards, including cashback cards, travel rewards cards, and low-interest cards. Each card has its own set of benefits and features to suit different spending habits and financial goals.

Can I transfer Money Internationally with CIBC Bank?

Yes, CIBC provides international money transfer services. You can send money to various countries using CIBC’s online banking platform or by visiting a branch.

What are CIBC Bank’s Savings Account Options?

CIBC offers several savings account options, including high-interest savings accounts and tax-free savings accounts (TFSA). These accounts are designed to help you save money and earn interest on your deposits.

Does CIBC Bank Offer Business Banking Services?

Yes, CIBC provides a comprehensive range of business banking services, including business accounts, loans, credit cards, and cash management solutions. These services are tailored to meet the needs of businesses of all sizes.

What is CIBC Bank’s Mobile App Like?

CIBC’s mobile app allows you to manage your accounts, transfer money, pay bills, and more, all from your smartphone. The app is user-friendly and offers various features to make banking on the go convenient and secure.

How do I Apply for a Mortgage with CIBC Bank?

Applying for a mortgage with CIBC is easy. You can apply online, visit a branch, or contact a mortgage specialist. The application process involves providing personal and financial information, and you may need to submit supporting documents.

Conclusion

CIBC Bank is committed to providing excellent customer service and a wide range of financial products to meet the needs of its customers. Whether you’re looking to open an account, manage your finances, or get in touch with customer service, CIBC has the resources and expertise to help you achieve your financial goals. For more information, visit the CIBC website or contact their customer service team.