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… One of the safest, most efficient ways to move money from your account into someone else's is to … a wire payment through your financial institution. Wire payments between Canadian financial institutions are … receiving wire payments. It's a good idea for you and the recipient to confirm the amount of service fees and decide …
… Writing a cheque When writing a cheque, it's important to use dark ink so the information shows up well in images … automated processing, some items may slip through. If the recipient deposits a cheque you wrote early, you should … of our educational video series . For more details on Payments Canada's official specifications for cheques, …
… Read Payments Canada’s submission to the Department of Finance consultation on upholding the … APP fraud occurs when a payor is manipulated into paying an unintended recipient or paying the correct recipient but …
… Welcome to our Summit speaker spotlight series! Each week, learn … you attend their session at The Summit, Canada’s premiere payments conference, May 24-26 in Toronto, ON. We’re proud … a Chartered Professional Accountant (CPA, CMA) and completed the Canadian Securities Course. He lives in the …
… . An interview with Tracey Black, President and CEO of Payments Canada. Financial IT: How do you best describe … of Canada’s clearing and settlement systems and taking into account the interests of users. Our position at the … Today, over one million Confirmation of Payee requests are completed per day in the U.K., providing greater assurance …
… transfers are a quick, safe and reliable way for businesses to transfer funds both domestically and internationally. … that enables the sending of large value, time-critical payments with real-time settlement finality. This certainty allows recipients to use the funds the moment they become …
… Payments Canada has completed a refresh to the technology that underpins Canada’s retail batch payments system , also known as the Automated Clearing …
… As a step forward to introducing Canada’s new real-time payment system, the Real-Time Rail (RTR) in 2022, Payments Canada is seeking feedback on policy proposals, … that allows funds to be immediately available to recipients. Establishing a sound legal framework made up of …
… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary1 ISO … When something like a credit transfer operation needs to be completed between two systems, the debtor assembles and …
… In life and business we know that “risk” refers to the uncertainty that surrounds future events and … measure of the probability of an event and its intended or unintended consequences. Everything we do in life and work … mitigating for risk is foundational to all that we do at Payments Canada – in particular within payments …