PaymentStream™ Automated Funds Transfer (AFT)

Electronic funds transfers.

What it is

A self-serve platform to process and settle pre-authorized debits and credits.

Great if

You send more than 10 recurring transactions electronically.

With PaymentStream AFT, you can:

Process transactions

Set up your transactions once, and you won’t need to re-enter the data again. You can process AFT debits for donations, strata fees, membership dues and more, or send same-day AFT credits for payroll and payments to vendors.

Minimize your risk

Safely send and receive money with two-step verification and optional dual authorization. You’ll also get real-time file validation during file upload and release process.

Choose how you want to work

You can process your transactions in the PaymentStream AFT web-based application or use your accounting software to create a file to upload to Central 1 in the CPA Standard 005 format.

You’ll also get these features:

Ability to release transactions up to 14 calendars days in advance for data entry and 45 days for file upload.

Increased record retention and the ability to download most reports in CSV and PDF formats.

Ability to send either Canadian or US dollar transactions, as long as your recipient’s account is held at a Canadian financial institution.

File upload and manual release email confirmations sent only when a file is validated successfully. You’ll still receive email confirmation for automatic release if a transmission is rejected.

Added risk controls with optional dual authorization, where one user submits and another user approves before the file is released.

The fine print.

Fees Setup, release and transaction fees apply

Ideal candidates will be Vancity business members in good standing. When applying, you may be asked to share the following:

  • Credit score
  • Business history
  • Ability to cover chargebacks and overdrafts
  • Intent to use EFT
  • Other supporting information as required

Learn how to use PaymentStream AFT.

Already using PaymentStream AFT? Browse our guides and training videos for step-by-step instructions on how to upload your files, release data and more.

Get the resources

We’re here to help your business.

Visit a branch

Come see us in person at one of our 50+ branches in the Lower Mainland, Fraser Valley, Greater Victoria and Squamish area.

Find a branch

Give us a call

Metro Vancouver: 604-877-7000
Greater Victoria: 250-519-7000
Toll-free: 1-888-826-2489

You’ve got options.

If this product doesn’t match your needs, here are other solutions we’ve selected for you.

Interac e-Transfers®

Great for sending individual transactions under $6,000 and up to $40,000 per month.

Pay multiple employees or contract workers or send transfers to vendors in real-time with immediate confirmation.

Explore Interac e-Transfers

Online vendor accounts

Great for receiving more than 50 payments per month from regular customers.

Let your customers add your business as a payee to their online banking system so they can pay you electronically.

Explore online vendor accounts
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