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
Regional Clearing Association Procedures
Regional Clearing Association Procedures
Retail batch payment system
Policy Statement
Prohibition of Tele-Cheques in the Clearing and Settlement System
Retail batch payment system
Rule A5
Credits to Accounts of Deceased Customers
Retail batch payment system
Rule B13
Procedures for Joint Air/Ground Courier Arrangements
Retail batch payment system
Rule H2
Claim Drafts or Reimbursement Drafts
Retail batch payment system
Rule B10
Tracing, Clearing Errors and Use of Photocopies
Retail batch payment system
Rule B3
Regional Exchange Points - Composition and Representation
Retail batch payment system
Rule E2
Exchange for the Purpose of Clearing and Settlement of Electronic On-line Payment Items
Retail batch payment system
Rule K6
Intermember US Dollar Interest Claims
Retail batch payment system
Standard 023
Technical Requirements Applicable to Electronic Data Interchange
Retail batch payment system
Rule B5
Intermember Cheque Exchanges
Retail batch payment system
Standard 018
Payment Item Information Security Standard
Retail batch payment system