They put a hold on my funds for 69 days (deposited the money in March, and I have been told I will not be receiving my funds until JUNE). I have had a car payment and another bill payment returned (insufficient funds - when in reality I had the funds) because of this. I called the customer service number first and was told to call another department and they could help me. They told me to go to my branch, because my branch wouldn't answer their calls when they tried to transfer me.
I went to my branch and was told to come back with a copy of the cheque. I again went back with the person that wrote the cheque, and they had a copy of it with them; this still was not enough. They have just told me to come back with all of that, and a print out of that person's statement to prove the funds came out. The teller went to go speak to the manager - who is the one that said all that. The manager did not come out to talk to me in person to explain when I had questions, nor would they go get the manager. There was no line or anyone in the branch, which I would understand in that case, but that was not the case here.
This is the THIRD time in a row (with two separate issues), that the manager was not helpful, nor willing to help me with issues.
The first time there was a problem with a cheque, I went in and talked to the manager (she was from a different branch), she was rude, and belittled me the whole time.
Needless to say, the matter has not been resolved, and I am left scrambling to get everything they need to reverse the hold, before more bills and payments are due.
I am very unhappy with CIBC, and this branch in particular.
I am fed up, and when this matter is resolved, I will be taking everything, and switching banks. read more