AUTOMATIC FUNDS TRANSFER (AFT)

Regulated by the Canadian Payments Association and powered by PaymentStream™, Automatic Fund Transfer (AFT) is a secure, cost‑effective way to send and receive payments. It eliminates cheques, accelerates cash flow, simplifies tracking through an online system, and helps protect against fraud—making it ideal for businesses of all sizes, from payroll processors and property managers to retailers, charities, and service providers.

Automatic Funds Transfer (AFT) is accessed through a secure, user‑friendly, web‑based application. Once authorized to send or receive funds, you can set up one‑time or recurring transactions, upload payment files, and manage reporting—all in one place.

Automatic Funds Transfer (AFT) includes defined transaction, daily, and monthly limits to help manage payment volumes, control exposure, and ensure secure processing of debit and credit transactions.

PaymentStream AFT includes built‑in security features such as 2‑Step Security and mandatory approval to help protect access, reduce risk, and ensure secure processing of transactions.