ACH Universal supports CIBC's 1464 byte file format.
To configure your account for CIBC:
--On the Home tab click Canada EFT Settings.
--Check the box Activate Canadian format
--In the Destination Data Centre box - starting with always 010
Enter your company information as below. Note:
--Enter your 7 digit CIBC account number.
--Your institutional id is 9 digits, and is comprised of
|TTTTT||Branch Transit #|
It should start with 0010 (0 + 010).
If your branch (transit) number is 22222 for example, enter 001022222
CIBC requires a separate settlement account that is expanded from the CPA 005 1464 standard.
ACH Universal supports this additional requirement - and will support CIBC EFT files with single settlement accounts.
Typically, you will simply enter your account and financial institution number as noted in the prior step (above). If you have a different settlement account, you may enter it here.
Note: The 'Other Codes' section has been set for CIBC. Do not change these settings.
Click on OK to save your work.
Naming convention / syntax
CIBC requires a naming convention (below) for submission with FTS and SCA.
|FTS submissions||SCA submissions||Example|
|Client defined||Free form A-Z 0-9||Free form A-Z 0-9||ABCPayroll|
|CIBC File Type||CIBC1464||1464||CIBC1464|
|Flag (Production/Testing)||P or T||P or T||P|
An example file name would be ABCPayroll.CIBC1464.P.dat
To enter the name - from the Home tab > Go To Create EFT Page > Change File Name / Location > Change EFT File Name/Location. Enter the name and click Save.
CIBC is a Canadian bank that issues one Origin ID number for credit transactions, and a different Origin ID number for debit transactions.
If you come across an issue with CIBC uploads, it might be important to explore if this is the case.
--CIBC has user-friendly rules regarding the File Creation Number (FCN). There is no work or maintenance for you to do. You do not ever need to reset or override the FCN.
The FCN is automatically generated for you (starts at 0100 and auto-increments by 1).