Payments
/Clearing & Settlement
We clear and settle payments on a huge scale.
Today, money moves at the speed of light. Central 1 is an integral part of Canada’s banking system, processing more than 300 million payments annually on behalf of more than 300 financial institutions. Get connected to one of Canada's best payment systems and the efficient exchange, clearing, and settlements that go with it.
/Switching & Card Services
Millions of Canadians get their money ding-free.
Every day, millions of ATM withdrawals and POS transactions go off without a hitch—or a surcharge—thanks to Central 1’s Card Services. We proudly count THE EXCHANGE, Interac®, MasterCard®, and Cirrus as part of our well-established network that covers Canada and the world. Plug your customers into a network that just works.
/Image Capture
Working together gets us there first
Central 1 was first to introduce cheque imaging in Canada. We’ve done it again with the first image exchange deal between us and the Big Five banks. Now your customer's cheques waiting to clear can clear faster, and by electronic image alone. No more delays due to physical deliveries and courier trucks. Heck. Even truck emissions become a thing of the past. That feels nice.
There’s more to capture than you think.
/Branch Capture
Staff simply capture cheque images electronically in-branch and send them to Central 1 for faster processing. Saves time and courier costs.
/Corporate Capture
Desktop cheque scanners enable business customers to deposit CAD and USD denominated cheques right from their offices. It’s fast, secure, and a big plus for busy business owners.
/Retail Mobile Deposit Capture
Deposit AnywhereTM was first-in-market in Canada to allow retail and business customers to deposit cheques from their mobile devices.
Central 1’s full suite of payment offerings enables ATB to continue delivering frictionless experiences to our customers across banking channels.
/ATB Financial
/ATB Financial
/Retail Payment Solutions
So many ways to pay.
So little time involved.
Good technology just works. That’s why our retail payment solutions are built into online banking, supported on mobile, and enable your customers to pay in many ways. You get operational efficiency that helps build your bottom line.
/Bill Payments
Allows customers to pay all their bills through online banking. Transactions are secured by the highest internationally-recognized standards for collecting, processing, and storing data.
/Automated Funds Transfers
Pre-authorized debits and direct deposit transactions speed along quickly with increased accuracy and fewer delinquencies. Ideal for all kinds of reoccurring payments like payroll, strata fees, and mortgage payments.
/CRA Payments
Business customers can easily remit taxes like corporate GST/HST, and payroll to Canada Revenue Agency through online banking . The same fast and easy automated services are offered in-branch for those who still prefer a trip to the branch.
/Interac® Solutions
A must for modern banking.
Central 1’s strong partnership with Interac® means our clients can look forward to ongoing payment innovation. Fully integrated into online banking, web, and mobile, Interac makes digital payments as fast, easy, and user-friendly as reaching into a wallet to pay a friend.
Always making payments better.
Interac® is a world-class debits payment system launched 30 years ago. Today, it’s the number one person-to-person payment service in Canada. There’s always something new and exciting with Interac®.
The latest and greatest.
/Western Union® now in online banking
/Enhanced user features for Request Money, Small Business Transfers and more
/Fraud Prevention
When it comes to fraud, speed saves
Fraudsters are good at what they do and get better all the time. Data breaches and debit card fraud expose financial institutions to much more than just monetary damage. Your good name and the confidence of our industry are at stake. That's why Central 1 uses the right technology to quickly spot and tag unusual activity and generate incident reports that cue investigation. We’re proud of the work we do and the losses we prevent. You're protected with Central 1.
Our Interac® e-Transfer fraud prevention saved $420,000 relative-to-average industry losses in December 2017.
/Foreign Exchange Solutions
What was once complicated is now easy.
The days of complex, process-intensive procedures to send and receive money abroad are over. In its place are user-friendly services that are easily managed through our online portal. Nothing could be simpler for you or your customers.
/FX Drafts
Our intuitive web-based services lets you create drafts in 20 different currencies. Customizable to your brand and fulfilled in-branch. Easy peasy.
/FX Trader Platform
Easily buy and sell foreign currencies against the Canadian dollar. FX spots, forwards, swaps—it’s all possible with our easy-to-use, stand-alone application.