Processing Times - EFT

Payments Canada is the governing body of the Canadian Clearing System. Payments Canada establishes the guidelines for the processing of electronic payments.

The Bank transmits Electronic Funds Transfers (EFTs) at 12am MST each business day for most scenarios. If you have selected to have your funds remitted to you via EFT, your transaction will be transmitted within 1 business day of receipt of the direct deposit to your DCBank account.

The transaction will be initiated for direct deposit to the Canadian bank account registered on file with the Bank. Funds will be credited to your external bank account in accordance with Payments Canada guidelines.

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