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Pending / watchTBDmedium

CIBC NSF Fees Settlement

Proposed settlement over certain repeated NSF fees charged by CIBC.

Full description

Proposed CIBC NSF fees settlement. Approval hearing was scheduled for October 2026, so Canooq tracks it as pending/watch until claim instructions are published.

Eligibility summary

Potential class members are CIBC customers charged certain NSF fees on failed repeated pre-authorized debit transactions between September 21, 2020 and May 31, 2024.

Claim method

No public claim process yet. Watch for approval and administrator notice.

Required documents

Check the official source. Required documents depend on claim category and administrator review.

Settlement and payout notes

Settlement amount
Proposed $10M
Payout summary
Proposed $10M settlement over certain NSF fees

Key dates

Approval hearing
October 2026

Sources and verification

Canonical source
Global News report
Source priority
media
Confidence level
medium