A faster, easier and more reliable alternative to paper-based payables and receivables

Electronic Funds Transfer (EFT) lets you electronically debit or credit Canadian and U.S. dollar accounts at any financial institution in Canada. Whether you need to pay employees or suppliers, or collect from your customers, EFT adds up to better-managed payables and receivables.

You can initiate EFTs on the web, through the DirectLine^® service, our treasury management portal. Our sophisticated post file delivery functions enhance your control by enabling you to recall, trace and correct payments online.