Why you should care about NofeeGMT #CIBCnofeeGMT @cibc

DISCLOSURE: The following post is sponsored by CIBC however as always, all opinions are 100% my own.

When I was in elementary school I used to love cultural fairs. I would enjoy dressing up in my shalwar kameez (traditional South Asian outfit) and serving my classmates samosas. I used to love learning about Holi, Vahsaki, Diwali and many other cultural and religious celebrations my peers would celebrate. We’d walk around our school gym eating perogies, spanakopita and samosas while learning about different cultures. 

Celebrations for many are about getting together with family. My family loves to get together at Eid. My mom would cook up a feast full of traditional South Asian foods, then we’d have my uncle’s family over for lunch. Once we were done our mandatory cups of chai following the meal, we’d take turns calling relatives in South Asia and wish them an Eid Mubarak (Happy Eid). My parents would miss their relatives back home. When it came time to send money transfers back to our family in South Asia for engagements, weddings and important family events, fees can add up quick. Even those $10-$12 in fees can make the difference of hundreds of rupees. 

CIBC Global Money Transfers are free of fees to CIBC customers though standard foreign exchange rates apply. With CIBC Global Money Transfer there are zero fees to send transfers with very competitive rates. The majority of funds are delivered to the recipient by the next business day. As long as the recipient’s bank name and account number are correct, the funds will arrive safely and be deposited directly into his or her account.

Having family abroad sometimes means sending them money on a regular basis or sometimes it’s for sending a gift and you just want to make sure it arrives quickly and securely. I know of family friends who would send the first pay check of the month back home to take care of their relatives every single month. It’s a great way to show you care even though distance may keep you apart, particularly for occasions in life such as birthdays, back-to-school, graduations, weddings or holidays. CIBC customers receive accurate, real-time pricing every time they send money as the exchange rates are based on live exchange rates. You can send money from your Canadian and US dollar chequing and savings accounts, as well as personal lines of credit, but you need to be a CIBC banking customer.

So whether you’re celebrating Vahsaki, Diwali or Eid, be sure to make use of CIBC’s No Fee Global Money Transfers and show your loved ones that you care.