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Send Global Money Transfers for FREE with #CIBCNOFEEGMT #TwitterParty

The internet has transcended many borders of the global village however for those with family and loved ones overseas, sending money to them still usually meant hefty fees. I love the peace of mind and security of knowing that CIBC  Global Money Transfer lets you send money anytime, usually within one business day. 

As a Canadian, this matters to me. Our nation is made up of a mosaic of cultures, traditions and people stemming from every corner of the earth. Part of integrating into a new home, land and culture is ensuring that the loved ones you left are well taken care of. Sometimes this means sending money their way. Sometimes it means sponsoring them to immigrate to your new home country or sometimes it means helping in other ways.

My father was the first one from either of my parent’s side to immigrate to Canada, originally from Pakistan but after spending a few years in Germany where my sister was born. As the eldest of nine siblings my father had a tremendous responsibility to not only provide for his young family but also to tend to some of the financial needs of his large family back home. This is a reality known to many immigrants. 

With zero fees to send transfers combined with competitive rates, CIBC Global Money Transfer allows you to send money to over 35 countries worldwide; including India, the Philippines and many Eurozone countries; this is done conveniently and quickly. You can either send money online or through a branch; either way you can rest assured that your money will be transferred securely. 

While it’s a reality familiar to many immigrants, there are lots of other reasons to send global money transfers; business abroad, an overseas purchase or other important matters.

I love the peace of mind of knowing that the majority of funds are delivered to the recipient the following business day. While CIBC doesn’t charge the recipient fees for receiving money, it is important to remember that there is no guarantee that the recipient’s financial institution will not levy more fees or service charges. As long as recipient’s bank name and account number are correct, the funds will arrive safely and be deposited directly into his or her account.  

Due to the high cost of travelling, requisite days off from work and school and other considerations; flying back home for many immigrants is not always possible for important life events such as birthdays, graduations and weddings. Sending money however at times of need however, is. With CIBC Global Money Transfer, you can send money from your Canadian and US dollar chequing and savings accounts, as well as personal lines of credit, but you must be a CIBC banking customer.

CIBC Global Money Transfers are free of fees to CIBC customers. Standard foreign exchange rates apply. A Global Money Transfer counts towards allowable transaction limit; bank account transaction fees may apply. CIBC customers receive exact, real-time pricing every time they send money as the exchange rates are based on live exchange rates.

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*DISCLAIMER:This post is brought to you by CIBC Global Money Transfer™. All thoughts, opinions are my own.

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24 Comments

  1. Wow I’ve never heard of this before but it’s great they offer it. I haven’t done a money transfer in a long time but I know where I’ll go if need be!

  2. My family happens to all be in the same country and in close proximity, but I can appreciate the ability to transfer abroad. Definitely worth having the knowledge just in case the need ever arises.

  3. This is good to know. My husband has friends in Nepal and he spent a fortune in fees trying to send them money after the earthquake.

  4. Such a great information about money transfer which will be helpful to send money to our loved ones. I rarely have to send money to anyone, but I just love that there is such great service like this to transfer money with ease.

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