Securing housing loans for foreigners in Singapore: 2026 Guide
This article covers: Key takeaways Who is considered a foreigner in Singapore? What types of…
If you're a CIBC account holder, you may be seeking easy ways to send wire payments domestically or internationally. Take a look at this guide to learn about transfer time, fees, limits and more!
You have the option to make a domestic wire transfer online, via mobile banking service or by personally visiting your preferred branch. If you prefer the latter, make sure to set an appointment with a specialist.
| Type of wire transfer | Fee |
|---|---|
| Incoming domestic wire | C$15 |
| Outcoming domestic wire | C$30 for up to C$10,000, C$50 for C$10,000.01 to C$50,000, C$80 for >C$50,000 |
| Type of wire transfer | Fee |
|---|---|
| Incoming International Wire | C$15 per transfer + possible additional fees |
| Outgoing International Wire | Same as domestic + possible intermediary banking fees |
Send money to over 60 countries hassle-free. Make every dollar count with our unbeatable exchange rates and low fees. Simply enter your amount and destination in our currency calculator to see our rates in real time. No hidden charges, just great savings!
CIBC has wire transfer limits on outgoing wire transfers through its online banking system, particularly:
| Type of transfer | Limit |
|---|---|
| Daily Minimum Limit | C$100 |
| Daily Maximum Limit | C$75,000 |
Keep in mind that CIBC imposes a strict cut-off time for both domestic and international wire transfers. Make wire transfers before this designated time to ensure timely processing!
| Type of wire transfer | Cut-Off time |
|---|---|
| Domestic wire transfer | 6:00 PM Local Time |
| International wire transfer | 6:00 PM Local Time |
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
This article covers: Key takeaways Who is considered a foreigner in Singapore? What types of…
This article covers: What is a FIRC certificate? Types of foreign inward remittance certificates Importance…
This article covers: Key takeaways What is property tax? The difference between property tax and…
Thinking of sending money overseas using DBS? Get an understanding of the fees, rates, transfer…
This article covers: Okay, so how to get to Desaru from Singapore by ferry in…
If globetrotting is your ultimate goal, you’ll want to hit the books and get…
This article covers: Wise Business Account vs Airwallex Business account: Account details and key features…
This article covers: Key takeaway Remitly vs Wise: An Overview Remitly vs Wise: Hidden fees…
This article covers: Wise and Revolut: An overview Wise vs Revolut: Rating comparison Wise vs…
This article covers: Key takeaway Remitly vs Western Union: An overview Remitly vs Western Union…
The information provided in this guide is intended for general informational purposes only. While every effort has been made to ensure the accuracy of the information, banking policies and fees may be subject to change. Users are strongly advised to verify specific details and consult with their banks should they have any questions or concerns.
Instarem assumes no responsibility for any errors or omissions in this guide, or for any actions taken based on the information provided herein.