Business Banking

• Business Accounts
• [Cash Management]
• Payroll Services
• [EFT]
• MasterCard
• Business Insurance
• Agriculture

Electronic Funds Transfer (FT)

CWCU offers two EFT services (also known as automated fund transfer, pre-authorizedpayments and pre-authorized debits) that your business can use for a variety of purposes:

• Direct deposit for in-house payroll*
• Monthly membership fees (e.g., health club)
• Monthly maintenance fee or rent (e.g., strata fees)
• Recurring payments to suppliers
• Donation collection for charities and non-profit organizations
• Collecting payments from customers