Expired Hot Deals

[CIBC] CIBC Global Money Transfer. Now $75 bonus

  • Last Updated:
  • Oct 30th, 2020 9:02 pm
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Dec 14, 2007
2180 posts
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Red Deer
cam1982 wrote: I transferred on July 1st. Still nothing
I guess I shouldn’t panic - nothing here either ($25 or $75) from my July 21 transfer.
Deal Guru
Jan 12, 2017
12170 posts
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Scarberia
ok i got my transferwise, took only 1 day! i got 72.03 usd! so how do i send it back to my cdn bank..does it have to be back to cibc or should i use another bank so its not redflagged lol

From xxxxxxxxxxxxxxxxxxx
Received

72.03 USD

To
Your USD account
Reference
CASH MANAGEMENT TRANSFER* vvvvvvvv*
Fee
0 USD
Transfer number
16vvvvvvvvvvv
tia

so u go to usd balances and convert to cdn? 72.03usd is 95.19 cdn
*SIG: Ryzen R5 2600 cpu w/ ASrock B450M OCd to 4.0ghz@1.265v stock cooler 16gb ram win10 pro w/radeon rx460 rogers Gigabit<< xb1 gamertag: mikka2017 >>
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Apr 2, 2010
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mikka2017 wrote: ok i got my transferwise, took only 1 day! i got 72.03 usd! so how do i send it back to my cdn bank..does it have to be back to cibc or should i use another bank so its not redflagged lol



tia

so u go to usd balances and convert to cdn? 72.03usd is 95.19 cdn
The bank does not matter. They won't care Slightly Smiling Face

So you have to choose a local cad bank account.
Then link it to transferwise
Convert the USD to cad when you think it's best
After the link is complete, send the money to your bank.
In around 2-3 business days the money will arrive.

Hope that helps.
Newbie
Apr 18, 2020
31 posts
15 upvotes
cam1982 wrote: I transferred on July 1st. Still nothing
Are you planning to wait much longer before phoning in? It's been 6 weeks for you hasn't it?
Deal Guru
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May 7, 2007
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I see I got $25 on Friday ... for some referral more likely:


Aug 7, 2020 Electronic Funds Transfer DEPOSIT FX Txn Rev FX Txn Reversal $25.00
Deal Guru
Jan 12, 2017
12170 posts
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Scarberia
martydxb wrote: The bank does not matter. They won't care Slightly Smiling Face

So you have to choose a local cad bank account.
Then link it to transferwise
Convert the USD to cad when you think it's best
After the link is complete, send the money to your bank.
In around 2-3 business days the money will arrive.

Hope that helps.
So I use my BMO portal and link n initiate transfer on bmo side.. NOT on transferwise site. Tia
nm , i have use transferwise site to initiate right? confused lol


Is it better to just transfer in USD funds to my USD bmo account? Thx
*SIG: Ryzen R5 2600 cpu w/ ASrock B450M OCd to 4.0ghz@1.265v stock cooler 16gb ram win10 pro w/radeon rx460 rogers Gigabit<< xb1 gamertag: mikka2017 >>
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Apr 2, 2010
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mikka2017 wrote: So I use my BMO portal and link n initiate transfer on bmo side.. NOT on transferwise site. Tia
nm , i have use transferwise site to initiate right? confused lol


Is it better to just transfer in USD funds to my USD bmo account? Thx
Your right that you have to use transferwise to push the funds over to bmo
I took a look at my account to have a better idea.
First, there appears to be no linking, sorry for confusion.
You are just sending the money to an account directly in the transfer by giving the bank account details.

About the bmo USD, no idea but I guess it's not possible to send to a USD account in Canada based on a 2 year old Reddit post.
Deal Guru
Jan 12, 2017
12170 posts
3292 upvotes
Scarberia
martydxb wrote: Your right that you have to use transferwise to push the funds over to bmo
I took a look at my account to have a better idea.
First, there appears to be no linking, sorry for confusion.
You are just sending the money to an account directly in the transfer by giving the bank account details.

About the bmo USD, no idea but I guess it's not possible to send to a USD account in Canada based on a 2 year old Reddit post.
YUP , no usd usa to usd cdn. transfer! :( ...also the simply GMT75 code is dead for simplii! i can only use GMT50 now on simplii transfer!
*SIG: Ryzen R5 2600 cpu w/ ASrock B450M OCd to 4.0ghz@1.265v stock cooler 16gb ram win10 pro w/radeon rx460 rogers Gigabit<< xb1 gamertag: mikka2017 >>
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Apr 2, 2010
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mikka2017 wrote: YUP , no usd usa to usd cdn. transfer! :( ...also the simply GMT75 code is dead for simplii! i can only use GMT50 now on simplii transfer!
I guess they closed that loophole :D
Lucky RFDers got $75 for the promo while it lasted.
Member
Nov 11, 2010
354 posts
72 upvotes
GTA
Rob76 wrote: I guess I shouldn’t panic - nothing here either ($25 or $75) from my July 21 transfer.
Same here - Transferred on July 22 using a referral and have not seen anything so far
Deal Fanatic
Jul 8, 2010
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York
How quickly can I close the TransferWise account after opening it? Is there a fee to close?
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Apr 2, 2010
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tradinghumble wrote: Is this cheaper than TransferWize?
Maybe for small amounts, for larger amounts transferwise should be better.
Best way is to search both systems and get to a page that gives you an estimate for an amount you would transfer. This way you know for sure how much each system is going to cost you.
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Oct 24, 2004
6929 posts
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Toronto (Central)
Did Simplii + CIBC on 7/27 (TransferWise), and got $25x2 referral-credits on both bank accounts on 8/7.
Will update thread with date(s) when I get $75x2 promo credits.
Newbie
May 15, 2020
7 posts
1 upvote
Officially, the promo advertised on CIBC's web site is 50$.
Does anyone use GMT75 promo code recently and worth it to try?
I'm skeptical using GMT75 instead of GMT50 and justify later with CS to get the credits back.

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