Automated Funds Transfer (AFT)
Clients who use Automated Funds Transfer (AFT) see their receivables faster, plus AFT increases accuracy and reduces delinquent payments.
- For Financial Institutions - Facilitates the processing and settlement of pre-authorized debits and direct deposit transactions either by the financial institution or on behalf of the financial institutions' commercial clients.
- For Businesses and Government - Facilitates the processing and settlement of pre-authorized debits and direct deposit transactions for public sector agencies and businesses, including utilities, insurance and telecommunications.