Through our EFT / ACH services you can streamline and simplify the initiation of collections and disbursements within Canada or the U.S.

Ideal for recurring disbursements including payroll, dividends and supplier payments, EFT / ACH services can dramatically reduce the time and expense of manual payments and improve cash controls.

EFT / ACH can:

• Improve your cash position - hold on to your working capital longer by making direct deposit payments.
  
  
• Reduce administrative expenses - eliminate cheque preparation, storage, handling and reconciliation costs and reduce transaction costs and bank service charges.
  
  
• Increase convenience - employee, supplier and shareholder payments are deposited directly to their accounts exactly when you want the deposit to occur.
  
  
• Reconcile and track EFT transactions that have been returned to you.

Choose your access to Scotiabank's EFT / ACH services:

• View, approve, submit, and delete batch EFT / ACH payments from a single screen through the Integrated Payments service on ScotiaConnect®.
  
  
• Take advantage of our web-based banking solution, ScotiaConnect, to initiate EFT's online.
  
  
• Use our powerful windows-based Scotia Payment WorkStation® software to prepare and manage your payment files.
  
  
• Or, use your own business applications to generate an authorized payments file and send it securely to Scotiabank for processing.

Print a Product Sheet [PDF: 67k]
Bulletin [PDF 7682k]

For more information about Scotia Direct please contact us.