There seem to be a number of posts on various forums suggesting that the CDO library doesn't work with port 587, but that's not true. I think the real issue is that SMTP services using port 587 are doing so because they require STARTTLS
authentication and the http://schemas.microsoft.com/cdo/configuration/smtpusessl
config option is specific to SSL, not TLS (I know, I know - not the most accurate description but it'll suffice for now).
Instead, there is another setting - http://schemas.microsoft.com/cdo/configuration/sendtls
- that does support TLS, so using this with port 587 works fine:
config.Fields("http://schemas.microsoft.com/cdo/configuration/sendusing").Value = 2 '2 = cdoSendUsingPort
config.Fields("http://schemas.microsoft.com/cdo/configuration/smtpserver").Value = "smtp.example.com"
config.Fields("http://schemas.microsoft.com/cdo/configuration/smtpserverport").Value = 587
config.Fields("http://schemas.microsoft.com/cdo/configuration/smtpauthenticate").Value = 1 '1 = cdoBasic
config.Fields("http://schemas.microsoft.com/cdo/configuration/sendusername").Value = "my_username"
config.Fields("http://schemas.microsoft.com/cdo/configuration/sendpassword").Value = "myy_very_secret_password"
config.Fields("http://schemas.microsoft.com/cdo/configuration/sendtls").Value = True
config.Fields("http://schemas.microsoft.com/cdo/configuration/smtpconnectiontimeout").Value = 60
config.Fields.Update()