CIBC is a Canadian bank that offers various banking services, including direct deposit for Canada Revenue Agency (CRA) payments and benefits. Direct deposit is a convenient way to receive recurring payments automatically deposited into your account at regular intervals. CIBC also offers eDeposit, which allows you to deposit a cheque using your mobile devices camera. Additionally, CIBC offers cross-border banking services for Canadians who need to deposit and withdraw US dollars from any CIBC banking center or US currency ATM in Canada without currency conversion.