Posting Payments. Your payment is not applied to your Balance and your Balance is not updated until your payment is posted. The length of time it takes for a payment to be posted depends on your payment method. In some cases, payments made from a CIBC account by transfer or bill payment will automatically adjust your Available Credit but are not posted for up to 3 business days following receipt. Payments made by cash or cheque may be subject to our usual hold periods which are typically 3 to 5 business days. In some cases, a payment which is received by us, but has not yet been posted, will not update your Balance until your next statement. You can view the status of your Transactions and payments on CIBC Online Banking and CIBC Mobile Banking.
Appears in 5 contracts
Samples: Cardholder Agreement, Cardholder Agreement, pilot.www.cibc.com
