CIBC extended its suite of mobile banking innovations with eDeposit, a new feature that lets personal and small business clients deposit cheques to their CIBC account simply by taking a photo of the cheque with their mobile device.
This innovation makes CIBC the first of the major banks in Canada to offer Canadians deposit taking where, how and when they would like – in more than 1100 branches, over 3500 Ms or from the comfort of their homes using their mobile devices.
Adding a mobile cheque deposit feature was the top request identified by CIBC clients, who deposit millions of cheques each year. As with all of CIBC Mobile Banking Apps, the CIBC eDeposit feature is safe and secure. None of the financial information is stored on your device and all wireless transmissions are securely encrypted.
The CIBC Mobile Banking App is available on both Apple App Store and Google Play Store.