Q: How much does it cost to send a wire transfer with CIBC?
A: Sending a wire transfer will cost you over $30 with hidden fees.
When sending or receiving a wire transfer with CIBC, you will incur at least $15 per payment. The cost of outgoing payments start at $30, and can cost up to $80 for amounts greater than $50,000.
Receiving a wire transfer will cost you $15 CAD per payment. Watch out for other surprise fees as correspondent banks may levy additional charges.
International wires can be 90% cheaper
With Plooto, send payments internationally with a flat fee of only $9.99.
Working with the top banks across North America, Plooto was built to help small businesses complete wire transfers with ease. With no hidden fees and automatic reconciliation with QuickBooks / Xero, Plooto helps you send/receive payments with peace of mind and lets you get back to growing your business.
Plooto is trusted by 30,000 companies.
Save money on international payments with Plooto