Send money to anyone with a Canadian bank account and an email address or mobile phone number through Interac e-Transfer®. It’s fast, easy and secure.

Features:

• Funds typically sent within an hour
• Notification sent to recipient by email, text message or both
• Ability to view, resend or cancel transfers until they are deposited
• Real-time confirmation of acceptance

Best for:

Making occasional payments
Paying employees without their banking information

Available through:

Business Online Banking
Commercial Net Banking
Mobile Banking – Get the app for free from the apple store or google play.

Streamline your payroll and deposit funds directly into your employees’ Canadian bank accounts through our Customer Automated Funds Transfer (CAFT) service.

Features:

• Detailed online reporting and reconciliation functions
• Integration with many accounting software platforms
• Options of data entry or file upload
• Controls for file limits and individual dollar transaction amounts
• Dual authorization
• Customized payment frequency options
• Multiple user permission levels for reconciliation or file release

Best for:

Businesses managing payroll in house with the ability of submitting a direct deposit
Multiple or recurring payments
Payments to employees with banking information
Payment amount exceeding Interac e-Transfer® limits

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Existing CAFT users log in here >

Automate your payroll processing from start to finish while keeping in line with the latest rules and regulations through our partnership with Dayforce, Canada’s top human resources (HR) and payroll professionals.

Dayforce's HR services give you access to expert information and advice. Dayforce also offers time and attendance solutions, advisory services, and work-life and wellness options to help keep your employees happy and your business running smoothly.

Features:

• Fully automated payroll processes
• Payroll taxes automatically submitted
• Processing for government fillings and remittances
• Employees pay statements
• Records of employment
• Year-end tax assistance with tax returns – T4, T4A, Rel1 and Rel2

Best for:

Businesses who want to simplify payroll by outsourcing it to a professional
Business owners who want to spend less time managing payroll and more time building their business
Growing businesses who don’t want to hire additional administrative staff
Business owners looking for exclusive pricing on payroll and HR solutions

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