With our Direct Deposit service your payroll is electronically deposited into each employee’s designated account1.
- Save time and money by avoiding the costs of cheque handling, printing, and reconciliation
- Increase productivity - employees won’t have to visit their bank branch during working hours to cash cheques
- Enhance security for your company and your employees by eliminating the possibility of lost or stolen cheques
Need more information?
Talk to one of our Relationship Managers about Scotiabank’s Corporate and Commercial Banking solutions.
Monday to Friday
Please note that processing payments to non-Scotiabank accounts is dependent on established Automated Clearing House (ACH) processing times