Working to make banking easier and more convenient, CIBC introduced a new platform that allows Canadians to order foreign cash through a number of convenient channels, including online, at competitive exchange rates and have it delivered securely to their home at no extra cost.

CIBC is offering a seamless omni-channel online ordering experience with free delivery to a client's home or for pick-up at Toronto Pearson Airport or a CIBC banking centre. The 75 currencies represent 90 different countries.

"CIBC's Foreign Cash platform offers competitive rates and the same easy and convenient service that fits the lives of Canadians whether they order online or through one of our banking centres," says Larry Tomei, Senior Vice President, National Sales and Service, CIBC. "As the only major bank to offer clients secure free home delivery when they order foreign cash, CIBC is helping simplify banking and travel for Canadians."

"Having access to foreign cash delivered right to your door simplifies travel planning for individuals who don't often visit a branch or are pressed for time," says Vineet Malhotra, Managing Director and Head, Alternate Solutions Group and Retail Solutions Group, CIBC.

Buying foreign currency through CIBC Foreign Cash Online is easy. Clients are given a real-time foreign currency rate that once added to the shopping cart, is held for 30 minutes. The service also allows for the purchase of multiple currencies in one transaction. Once ordered, the cash is delivered to most locations in two to three business days. Clients also receive detailed tracking information.

"Our innovative new platform builds on our recent launch of CIBC Global Money Transfer™, a no-fee international remittance service underscoring our commitment to being the leading provider of foreign exchange in Canada," adds Mr. Malhotra.