does anyone know if i can still do this? (i’ll check with the bank later when they open)
thinking of putting some cash in my daughter’s account – she’s with CIBC, i’m not – and a few years back, i could just go into a CIBC branch with her account and transit number along with her name, and the teller would let me deposit cash for her. wondering if this is still doable?
she’s at work until tonight, and since her birthday’s tomorrow, i thought it’d be a nice surprise (it’ll be under $1000 if that matters)
i wanted to do it as a surprise so she’ll see it after work. maybe i’m old-school, but i like doing it this way – did it once before, and she was so happy! i’m probably one of those folks who still give their kids/grandkids a birthday card with a cheque inside (if i remember to grab cash).
after some issues with money laundering in the US, there’s been some policy changes creeping into Canadian banks. some banks stopped third-party deposits. i don’t know if CIBC has done this yet, but if it’s under $1000, you’re good with an e-transfer.
you can do it, but she’ll probably get a notification in her app about the deposit. if it were me, i’d be calling the bank to see what’s going on! e-transfers might be less of a hassle.
