Direct withdrawal
Collect money directly from your clients
- Money collected from your clients on a regular basis
- Files sent to Desjardins for subsequent processing
- Withdrawal in Canadian or U.S. currency from any Canadian financial institution
Features
Lets your business or organization collect money directly from their client's accounts on a regular basis.
How it works
You must first obtain your client's consent with a Payer's PAD (Pre-Authorized Debit) Agreement, in keeping with the Payments Canada requirements for pre-authorized debits.
Once your clients have consented, you can have payments withdrawn directly from their account, whether they do business with a Desjardins caisse or another Canadian financial institution.
Amounts are deposited automatically into your chequing account.
Advantages
- Money collected in any Canadian financial institution
- Service available in Canadian or U.S. currency
- Secure transmission modes for withdrawal files, including AccèsD Affaires
- Accelerated cash inflows and assurance that payments are made on set date
- Simple and practical reports
- Simplified accounts receivable management
Did you know?
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