The faster and more efficiently your business collects funds owing, the more money you save on administration, processing and collecting costs, and the more flexibility you have to capitalize on market opportunities.
Collections
With Scotiabank’s collections service, you can automatically debit from accounts of suppliers, clients or any other recurring transaction.
Funds can be collected from any Scotiabank account. Our collections service improves your cash position by ensuring your collections are done on time and reducing your carrying charges.
Corporate Bill Payments
Scotiabank’s corporate bill payments service provides you with timely settlement and accurate reporting of your customers’ bill payments. We take care of the processing of funds into your account and give you the peace of mind that comes from knowing that your customers’ payments are all cleared funds.
Scotiabank offers its customers many convenient and accessible ways to pay their bills. Whether it’s through the branch, ATM, phone or Internet, bill payments get into your account faster than if they were received by cheque.
Merchant Services
Using Scotia CardPoint Merchant Services, your business can achieve greater sales, increased security and reduced costs.
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