The payment processing time depends on how you make your payment in your application using CIBC Student Pay (e.g., credit or debit card, electronic funds transfer).
Credit card payments are usually processed in 2-3 days. Other payment methods may take up to 7 business days to be processed.
Note: As long as you have completed the CIBC payment process by the application deadline, your application will be considered on time. Completing your payment includes agreeing to the Terms and Conditions and clicking Submit on the CIBC payment page within your application.