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

  • Use your accounting or payroll system for generating payment files

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

  • Access information reports on payment transactions

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

  • Stop having to wait for funds to clear

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