Make payments (ex. payroll) and take payments (ex. rent) without the hassle of cheques.
As a credit union, we offer a full suite of business products and services to simplify your operations and grow your business.
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.
When you use Customer Automated Fund Transfer, 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.
More than managing payroll and rent payments, Customer Automated Funds Transfer lets your business automate the following payments:
Many accounting programs are compatible with the Customer 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.
As a first step, our Business Services Team will meet with you via video or phone to determine the required setup of the CAFT system for your business.
Our team will work with you to configure the Customer Automated Funds Transfer system, including transaction dollar limits and individual access limits. There is an initial setup fee of $100.
Your automated payments are now setup and will be automtically processed as per the set schedule.
