How Much Does CIBC Really Charge You for Foreign Exchange?
CIBC has the highest FX markup among the Big Five at ~2.7%. On $10,000 USD, that's $270 in hidden fees — more than any competitor.
~2.7%
Average FX markup by Canadian Imperial Bank of Commerce
On $1,000 USD
$27 hidden
On $10,000 USD
$270 hidden
On $100,000 USD
$2700 hidden
Calculate Your Hidden CIBC FX Fees
$USD/month
Hidden fee per month
$270
at CIBC's ~2.7% markup
Yearly cost
$3,240
That's money you could save
See Your Real CIBC FX Costs
Upload your CIBC bank statement and our free audit tool will show you exactly how much you're losing to hidden FX markups.
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