Only about 9% of us Canadians actually mobile banking but it’s expected to significantly increase over the next few months. One stat that shows this becoming more popular is the CIBC iPhone app. It was released about a month ago and has already surpassed 100,000 downloads and has over 1 million client logins. Very decent numbers.
CIBC has now expanded their mobile offerings by making all internet-enabled smartphones capable of using their cibc.mobi site to perform their banking needs. CIBC says you’ll be able to do transfer funds between accounts, check account balances, pay bills and email Money Transfer.