U.S. commissions are in U.S. dollars.
For more details, review the Commission and Fees Schedule section in the CIBC Investor’s Edge Account Agreements and Disclosure Booklet (PDF, 1.15 MB) Opens in a new window.
1 Conversion of currency, if required, will take place at the trade date unless otherwise agreed. Spread rates are subject to change. If you make a trade involving a security that is denominated in a currency other than the currency of the component of the account in which the trade is to settle, a conversion of currency shall be required. You may also request to convert currency directly online or by calling us. In all such transactions and at any time a conversion of currency is made, we or an affiliate of ours will act as principal with you in converting the currency at rates established or determined by us or parties related to us. In performing this function, we and the parties related to us will earn spread-based revenue, in addition to the commission or fees applicable to such a trade, based on the difference between the rate we and our affiliates obtain and the rate you receive. You can find the foreign exchange spread rates in the foreign currency transactions table on this page.
2 The spread basis points in the table are applied to foreign exchange transactions in all account types except Registered Education Savings Plan (RESP) accounts, in which case 10 basis points or 0.1% are applied and calculated using the USD/CAD Bank of Canada Annual Exchange Rate for the 2022 calendar year.
3 Calculated using the USD/CAD Bank of Canada Annual Exchange Rate for the 2022 calendar year Opens in a new window..