Canadian Imperial Bank of Commerce (CIBC)

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Crypto friendly score
-30
All-time votes
63
Stories
12

Stories

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  • Does someone know if CIBC at least supports credit card purchases of crypto? I have RBC and they don't allow it under any circumstances using a credit card.

  • Was able to send $10K with interac etransfer to coinsquare with no problems

  • Voted

    After having our account closed with BMO I tried to open an account with CIBC. I showed them our transaction history at BMO which was many millions per year. The bank manager literally showed me the door and said they don't service crypto related entities

  • Voted

    Funded Coinsquare via a CIBC Visa card, and withdrew $12,000 to a CIBC account with no issues. Seems crypto-friendly to me.

  • Have a friend that says he has cibc and he has made transactions with crypto.com perfecly fine, personally switching from bmo, who are horrible woth crypto

  • Voted

    Done many five figure transactions over the past six years to and from many different exchanges. I've never had any issues.

  • Have wired 5 figure sums to exchanges before without issue. Also talked with my manager about crypto without issue, I have no idea what other people here are on about.

  • Buying crypto through Coinbase, no issue.

  • Voted

    this bank is earning canada a bad reputation,ideas wait for no one

  • Voted

    CIBC has been holding Quadriga's clients money since January last year. I have been waiting on a withdrawal since late August 2018. CIBC is NOT crypto friendly!

  • I’ve been with cibc for 10 years, done coinbase transactions totalling around $3k, $250 increments, no issue yet.

  • Voted

    30 years banking experience. 1 crypto transaction. 8 accounts closed.