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How do I cancel pre-authorized payments in CIBC?

Find out how to stop your pre-authorized payments in CIBC

You can cancel the pre-authorized payments in the CIBC online banking, for this:

  1. log in to Internet Banking
  2. switch to Menu and choose "Customer Services"
  3. press "Stop Payments"
  4. look through and agree with the Terms and conditions
  5. choose "Stop a Pre-Authorized Debit"
  6. fill in the details of the pre-authorized payment
  7. choose the banking account linked to the payment
  8. select the account to pay the banking commission for the cancelation
  9. verify the details
  10. press "Stop Payment"

The CIBC stop payment fee is 12,50 CAD per request.

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