![]() dollar accounts, the equivalent fee will be charged in the same currency as the account using an exchange rate set by CIBC on a date determined by CIBC.įor more information on service fees: Personal Account Service Fees (PDF, 545 KB) Opens in a new window. For wires from foreign currency accounts, including U.S. Domestic outgoing wire transfer fees typically range from 0 to 35, while international outgoing wire transfer fees are usually 35-50. For incoming wire payments in all other currencies, the fee is converted to the currency of the incoming payment using an exchange rate set by CIBC on a date determined by CIBC and deducted from the incoming payment amount.Ĥ Outgoing wire fees will be charged in Canadian currency. Wire transfer fees typically range from 0 to 50. For domestic wire transfers, fees can range between 15 and 20 for the receiver and 25 and 35 for the sender. Does handling international transfers require so much work that it justifies these fees No, not at all. Additional charges may be deducted from the wire payment amount to cover fees charged by intermediaries (such as correspondent banking fees) and/or the receiving financial institution (in the case of an outgoing wire transfer).ģ For incoming wire payments in Canadian and US currency, the wire fee will be charged in the same currency as the incoming payment and deducted from the incoming payment amount. Bank of America charges 15 for an incoming wire transfer, and a whopping 45 for any outgoing USD transfers. ![]() Must have a CIBC chequing account, savings account, eligible credit card or personal line of credit account to send a CIBC Global Money Transfer.Ģ Most transfers are completed within 1 to 3 business days. Major US Banks have the following incoming wire transfer fees: Bank of America: 15 domestic 16 international. A CIBC Global Money Transfer and a foreign exchange transaction count towards your allowable transaction limit and bank account transaction fees may apply. Wells Fargo: 30 domestic 35 international (45 if sent in US dollars) Chase: 25 domestic 5 international (40 if sent in US dollars) Citibank: 25 domestic 35 international.
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