Xyntax Electronic Banking

Simplify your Payment Process and Reduce Costs

Direct Deposits Made Easy

Most of us have accidentally lost a pay cheque, through carelessness, a mail snafu or a pair of uninspected pants tossed too quickly into the laundry. There is an increasingly popular solution to the problem of lost cheques: Direct Deposit.

With the Xyntax® Electronic Banking (XyntaxEB™) module, you choose the payment method that is suitable for you. Xyntax enables you to pay employees and or community members through direct deposit and have their accounts payables or payroll payments electronically deposited directly into their bank account - on time, securely and accurately.

By using Xyntax your organization now has the ability to electronically transfer authorized funds from one account to another, either within a single financial institution or across multiple institutions. Working in tandem with Xyntax Accounts Payable, Payroll and Income Assistance, Direct Deposits are a quicker and less expensive way to electronically complete payments to suppliers, employees and or community members.

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Supported Banks & Credit Unions

Xyntax supports a wide variety of electronic funds transfer formats including those required by these major Canadian financial institutions, credit unions and most other financial institutions. Contact your financial institution’s electronic funds transfer department for more information.