CAFT (Customer Automated Funds Transfer)

A leading-edge software solution for businesses and ag operations that replaces traditional paper methods of payment processing, such as cheques and cash.

Cost Savings: Expand/Collapse

"You can send funds in a less expensive and more efficient manner."
- An option that is less expensive than wire transfers.

Convenience: Expand/Collapse

"You can control and administer money transfers online."
- An online self-serve system, where you can work online with your own user account and login.
- May take three to four business days for your first set-up.

Security: Expand/Collapse

"You can rest assured you can send money online securely."
- All transfers comply with international laws and regulations.
- FINTRAC compliant
- Provides email notifications to monitor transactions

Comprehensive and Flexible: Expand/Collapse

"You can use this online money transfer service for a variety of purposes."
- You can use it for:

  • Payroll
  • Accounts payable
  • Accounts receivable
  • Utility bills
  • Business/property taxes
  • Membership payments
  • Mortgage/rent payments
  • Lease and loan payments

Support: Expand/Collapse

"You can receive assistance when setting this service up."
- Synergy Credit Union will provide training on request.

Who might benefit from this product/service?

CAFT is recommended for businesses and ag operations with an ongoing and more frequent need for money transfers.


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