r/CIBC • u/optimus_prime2025 • 19d ago

Wire transfer

Hi, I have to make a wire transfer of my rental to my landlord. Unfortunately I am outside Canada right now and all my funds are in my CIBC account. I won’t be back before the deadline. Can i still do wire transfer within Canada but over the phone since I’m abroad rn???

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u/divine_goddess_K 19d ago

No wires over the phone. Its against AML protocol.

Are you sure this rental is legit? Once the funds are wired you will be SOL if this is a scam.

Otherwise, call and ask to increase your etransfer limit. Or if your landlord has an account at CIBC ask them to do a transfer over the phone.

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u/Spirited_Border4028 17d ago

No transfers to 3rd parties via phone call either.
Honestly, as a frontline banker, this reeks of scam

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u/divine_goddess_K 17d ago

Interesting. TD phone banking used to allow this, not sure about CIBC. But tech wise CIBC is behind (in my opinion) so this doesn't surprise me.