Make your payments with Automated Funds Transfer

Manage payroll, rent and other payments without the hassle of cheques.

Why Cambrian? Our purpose is to save, solve and simplify.

 As a credit union, we offer a full suite of business products and services like a bank does.

Make payments conveniently.

Set up one-time or recurring transactions to be processed automatically on the day you choose.

With no software to install, you can setup or edit your payments via a secure online site anywhere you have internet access.

Gain peace of mind.

When you use Automated Fund Transfers you don’t have to worry about securing the access to cheques, the delay and cost of mailing payments or the time it will take for a cheque to clear.

Instead, you only need to manage access to the system based on your business needs for the peace of mind that automated payments will be securely processed on the set date.

Benefit from flexibility.

More than managing payroll and rent payments, Automated Funds Transfer lets your business automate the following payments:

  • Payroll
  • Accounts payable
  • Accounts receivable
  • Rent payments
  • Membership fees
  • Charitable donations
  • Any regular receipt of funds

Simplify payments and accounting.

Many accounting programs are compatible with our Automated Funds Transfer system, allowing you to upload transactions directly as well as manually. It offers a flexible search criteria and the ability to make changes and updates in mass.

How do I set up Automated Funds Transfer?

Step 1:
Initial Meeting

Before setting up a payment solution, it’s important to understand your business needs.

As a first step, a Cambrian Business Advisor will meet with you to discuss your needs and determine the required setup of the CAFT system for your business. The advisor will provide the required required information to our Commercial Admin team who will be responsible for the setup.

We can meet you however is most convenient to you – whether it’s by phone, video or in-person at our offices or at your business.

Book a meeting

Step 2:
Setup

Cambrian’s Commercial Admin team will work with you to configure the Automated Funds Transfer system, including transaction dollar limits and individual access limits.There is an initial setup fee of $100.

Step 3:
Your payments are automated!

Your automated payments are now setup and will be automtically processed as per the set schedule.