Cash Management & Deposits

Efficiently Manage Cash Flow

Meet your complex cash management needs with a full range of payables, receivables, liquidity and information management solutions.

Our specialists understand the unique nature of different industries and how that translates into specific cash management and deposit requirements. We work closely with your company’s treasury team to meet your day-to-day transactional and reporting needs and tailor solutions for your enterprise resource planning system or distinctive in-house treasury system. CIBC Cash Management OnlineTM (CMO) provides secure, 24/7 access to a comprehensive suite of products, including strong payment, reporting and client administration capabilities.

Payables Management

Make payments efficiently, accurately, and securely via:

  • CIBC Electronic Funds Transfer (EFT) Direct Deposit to pay your employees, suppliers and/or investors anywhere within Canada, in Canadian or U.S. dollars
  • CIBC Automated Clearing House (ACH) to issue U.S. dollar payments to beneficiary accounts at any financial institution in the U.S.
  • CIBC Wire Payments to manage payments in any major currency to beneficiaries around the globe
  • CIBC Government Payment and Filing Service to remit payments to the government
  • Cheque Print Outsourcing and Fraud Prevention with positive pay and payee name match

Receivables Management

Improve the speed at which you collect receivables and put those funds to use with:

  • CIBC EFT Pre-Authorized Payments (PAP) to collect regular and recurring Canadian and U.S. dollar payments from your customers anywhere in Canada
  • CIBC Rapidtrans® to make deposits at CIBC or any other financial institution and have the funds consolidated in a central account overnight
  • CIBC Lockbox to outsource cheque and invoice processing to us for the payments you receive from your clients
  • CIBC Merchant Electronic Bill Payments to enable your clients to pay you on-line or through telephone banking
  • CIBC INTRIA to process cash through a leader in payment and information processing services with 15 processing centres across the country

Treasury Management

Stay on top of activities with:

  • Centralized Cash Control to net the balances of participating accounts on a daily basis
  • Account Reporting with prior and current day
  • SWIFT Information Reporting to manage your company’s cash flow securely and efficiently through SWIFT’s multi-bank connectivity
  • Cheque Imaging to facilitate easy look-up and storage
  • Current account interest arrangements in Canadian and U.S. dollars
  • Term deposits in Canadian and U.S. dollars and foreign currency