CIBC welcomes China Unionpay cards to Canada

    
    Clients can now access China Unionpay accounts by using their debit cards
    at CIBC's 3,800-plus bank machines
    

TORONTO and VANCOUVER , Sept. 28 /CNW/ - Today CIBC announced it will begin accepting China Unionpay (CUP) debit cards at its more than 3,800 automated bank machines (ABMs) through the INTERAC network.

"CIBC is proud to be the first major bank in Canada to begin accepting China Unionpay cards through our ABM network," said Christina Kramer , Executive Vice-President, CIBC Retail Markets. "With over 3,800 ABMs nationwide - all of which feature Chinese language capabilities - CIBC and now CUP cardholders in Canada are never far from a machine when they need one."

CIBC offers extensive access to Asian clients through all its banking channels. Many branches across Canada also offer services in Cantonese and Mandarin and CIBC Telephone Banking also offers Cantonese and Mandarin capabilities through its interactive voice response system. CIBC also provides Chinese-speaking clients access to a Chinese language website at www.cibcasianbanking.com.

CIBC has also introduced the CIBC Newcomer to Canada Plan, a comprehensive suite of products with everything newcomers need to keep their money and valuables safe upon arrival, save money and establish their credit history.

"CIBC employees understand that newcomers have distinct needs and we are dedicated to providing financial solutions every step of the way to help make their transition to Canada as smooth as possible," Kramer adds.

Newcomers can also access a number of useful tools and resources including the CIBC Welcome to Canada website which provides advice and helpful links.

CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada , in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available on

the CNW Photo Network and archived at http://photos.newswire.ca.

Additional archived images are also available on the CNW Photo Archive

website at http://photos.newswire.ca. Images are free to accredited

members of the media/

For further information: Doug Maybee, Director, External Communications and Media Relations, CIBC, Tel: [phone], [email protected]