CIBC SWIFT Code: CIBCCATT

The SWIFT/BIC code for Canadian Imperial Bank of Commerce (CIBC) is CIBCCATT. CIBC identifies the bank, CA stands for Canada, and TT is the Toronto location code. This code routes international wire transfers to CIBC accounts across Canada.

CIBC is Canada's fifth-largest bank by total assets. It was formed in 1961 from the merger of Imperial Bank of Canada and Canadian Bank of Commerce. The bank serves roughly 13 million personal and business clients and operates over 1,000 branches in Canada.

CAD-USD Cross-Border Banking

CIBC operates a cross-border banking division with a US subsidiary (CIBC Bank USA, formerly PrivateBancorp). Canadian businesses with US operations frequently use CIBC for CAD-USD treasury management. The bank's cross-border cash pooling services reduce wire transfer costs for multi-currency operations.

Incoming CAD wires settle same-day through Payments Canada's LVTS. USD and GBP transfers settle within 1 to 2 business days. CIBC charges CAD 17.50 for incoming SWIFT transfers on standard accounts.

Caribbean Operations and Offshore Banking

CIBC FirstCaribbean International Bank operates in 16 Caribbean countries including the Bahamas, Barbados, Cayman Islands, Jamaica, and Trinidad & Tobago. Each Caribbean subsidiary uses its own SWIFT code — CIBCCATT is exclusively for Canadian accounts.

The Caribbean operations process a notable volume of tourism-related wire transfers and offshore financial services payments. CIBC's Caribbean presence also handles trade payments for Canadian companies exporting to the region.

How Slash fits in

Slash records CIBC wire transfers and consolidates CAD payment data with your broader North American and Caribbean banking relationships. Cross-border flows between Canada, the US, and the Caribbean are tracked for treasury visibility.

CIBC SWIFT Code: CIBCCATT