Canadian state-regulated hold period for banking cheques is up to 8 days. The period depends on the sum of the cheque and how it was deposited.
Read also:
- How do I set up direct deposits in CIBC?
- How do I waive my CIBC account fee?
- How do I write a CIBC cheque?
- What does my account number on CIBC cheques stand for?
- How long does it take for a cheque to clear in CIBC
- How many branches does CIBC have?
- How many clients does CIBC have?
- How many employees does CIBC have?
- Is PC Financial part of CIBC?