Still writing cheques? Check this off your list.
Not sure which payment method to choose? Learn more about all our Digital Banking solutions to simplify your banking experience.
A cheque is an obvious way for a business to make payments to a supplier, an investor, or an employee, but it’s not often the best choice. Cheques are slow and take time to clear your account, making real-time cash flow management difficult, not to mention the risk of cheque fraud. Instead, there are many digital options that businesses can use to make payments in the Caribbean and around the world, more securely and with faster turnaround times.
It might seem overwhelming and confusing to know which payment method to choose. We want you to make the best decision for your business, so here’s an explanation of all the payment options available for CIBC Caribbean clients.
