Manage payroll, rent and other payments without the hassle of cheques.
As a credit union, we offer a full suite of business products and services like a bank does.
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 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.
More than managing payroll and rent payments, Automated Funds Transfer lets your business automate the following payments:
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.
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.
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.
Your automated payments are now setup and will be automtically processed as per the set schedule.
