Search results
… effort, visit: modernization.payments.ca . *All Direct Clearers and Indirect Clearers that opt-in to faster funds are required to …
… such as the calculation of members' dues, voting rights and direct clearer criteria, the total volume of payment items includes …
… Pre-authorized debits guide Pre-authorized debits (PADs) are a convenient way to … for example. Pre-authorized debits are sometimes called direct debit, pre-authorized chequing (PAC), pre-authorized …
… system, called the Automated Clearing Settlement System (ACSS), will be aligned with international best practices and … specific participant financial institutions, referred to as direct clearers, who handle the clearing and settlement of payments …
… L3 Amendments to change methodology used to calculate the ACSS Collateral for a New Direct Clearer. December 2, 2021 January 31, 2022 Published Rules …
… items through the Automated Clearing Settlement System (ACSS) Annual statistics (2015-2023) Payment item 2023 2022 … are accumulated through the ACSS reporting system. The direct clearers are responsible for entering the volumes and values …
Direct Clearer / Group Clearer Requirements
… Direct Clearer / Group Clearer Requirements …
… the team responsible for the day-to-day operations of the ACSS and the evolution and future of retail batch payments … and government items) and electronic payments (including direct deposits, EDI payments, and pre-authorized debits, as … Canada member financial institutions to become direct clearers on the ACSS. As a result, in June 2022, Peoples …
Procedures Pertaining to the Default of a Direct Clearer
… Procedures Pertaining to the Default of a Direct Clearer …