By-laws, rules, standards and procedure documents are integral parts of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. They lay out the roles, responsibilities and obligations of our member financial institutions on the appropriate handling of payment items exchanged, cleared and settled via our payment systems. This includes requirements for participation in a payment system or scheme, procedures for the processing of payment items, and the requirements and timeframes for returning payment items, where eligible.
Payments Canada’s rules, standards and procedure documents are updated regularly and versions posted online are in force. You can contact Payments Canada for confirmation by e-mail at info@payments.ca.
Item | Title | Updated | System |
---|---|---|---|
Rule L1 |
Procedures Pertaining to the Default of a Direct Clearer
|
Retail batch payment system | |
Rule A6 |
Items in Dispute
|
Retail batch payment system | |
Rule L2 |
Procedures Pertaining to the Default of an Indirect Clearer
|
Retail batch payment system | |
Rule D3 |
Indirect Clearer Requirements
|
Retail batch payment system | |
Rule H3 |
Correction of Electronic Bill Payment Errors
|
Retail batch payment system | |
Rule F8 |
Direct Payment Routing Numbers
|
Retail batch payment system | |
Rule H1 |
Pre-Authorized Debits (version effective prior to Oct 3, 2022)
|
Retail batch payment system | |
Rule A9 |
Arbitration
|
Retail batch payment system | |
Rule B4 |
Formation, Membership and Management of Regional Clearing Associations
|
Retail batch payment system | |
Rule J7 |
Force Majeure Situations
|
Retail batch payment system | |
Rule K6 |
Intermember US Dollar Interest Claims
|
Retail batch payment system | |
Rule B3 |
Regional Exchange Points - Composition and Representation
|
Retail batch payment system |