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 |
|---|---|---|---|
| Introduction |
Introduction
|
Retail batch payment system | |
| Rule A1 |
General Rules Pertaining to Items Acceptable for Clearing
|
Retail batch payment system | |
| Rule A3 |
Endorsement and Identification of Paper Items
|
Retail batch payment system | |
| Rule A4 |
Returned and Redirected Items
|
Retail batch payment system | |
| Rule A5 |
Credits to Accounts of Deceased Customers
|
Retail batch payment system | |
| Rule A6 |
Items in Dispute
|
Retail batch payment system | |
| Rule A9 |
Arbitration
|
Retail batch payment system | |
| Rule A10 |
Image Rule
|
Retail batch payment system | |
| Rule B1 |
Intermember Exchange and Clearing at Regional Exchange Points
|
Retail batch payment system | |
| Rule B2 |
Manual Preparation of Clearing Logs
|
Retail batch payment system | |
| Rule B3 |
Regional Exchange Points - Composition and Representation
|
Retail batch payment system | |
| Rule B4 |
Formation, Membership and Management of Regional Clearing Associations
|
Retail batch payment system |