Rules & documentation

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 J10
Intermember Domestic Interest Claims/Compensation
Retail batch payment system
Rule B1
Intermember Exchange and Clearing at Regional Exchange Points​​​
Retail batch payment system
Rule K6
Intermember US Dollar Interest Claims
Retail batch payment system
Introduction
Introduction
Retail batch payment system
Rule A6
Items in Dispute
Retail batch payment system
Rule B9
Manual Balancing and Settlement
Retail batch payment system
Rule B2
Manual Preparation of Clearing Logs
Retail batch payment system
Rule G9
Manual Preparation and Use in a Manual Balancing Situation of the Government Items Clearing Logs
Retail batch payment system
Rule H1
Pre-Authorized Debits
Retail batch payment system
Rule H1
Pre-Authorized Debits (version effective prior to Oct 3, 2022)
Retail batch payment system
Rule B13
Procedures for Joint Air/Ground Courier Arrangements
Retail batch payment system
Rule G12
Procedures for Public Works and Government Services Canada (PWGSC) Direct Deposit Payment Items
Retail batch payment system

The 2024 Payments Canada SUMMIT

Coming to Toronto from May 29 to 31 at the Beanfield Centre, The 2024 SUMMIT will bring together the best of the payment ecosystem from across Canada and around the world. As Canada’s premier payment event, The SUMMIT is the place to learn about, discuss and debate the future of payments with the industry’s thought-leaders, visionaries and innovators.

Learn more