What Is CAFT?

It's a secure web-based application that provides credit union members the ability to generate electronic deposits and pre-authorized debits. CAFT (Customer Automated Funds Transfer) access allows you to move money electronically between Canadian Financial Institutions. These electronic files are called AFTs (Automated Funds Transfer).

• Do you regularly receive payments from the same individuals?

• Do you have multiple suppliers to pay?

• Do you own a rental property and collect payment from your renters and would like to do it electronically?

• Do you have a business and would like to pay your employees electronically?

• Do you collect club fees or dues?

• Do you collect condo fees?

If you answered “yes” to any of the questions above, business CAFT could be the right solution for you!