Direct Deposit

  • Right for you if:

    You need to pay employees' salaries quickly and securely

  • Save time and gain the freedom and flexibility to concentrate on growing your business. Our Direct Deposit service lets you make payroll deposits electronically into each employee’s designated account. You can:

  • Issue regular electronic payroll payments

  • Know exactly when your payroll has been processed for better cash flow management

  • Use your accounting or payroll system for generating payment files

  • Submit payments throughout the day, with the ability to process same-day payments, and apply future-dated payments as needed

  • Eliminate the risk of cheque fraud, or lost or stolen cheques

  • Stop having to wait for funds to clear

  • Access information reports on payment transactions

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