Overview
Bulk Disbursements offers a simple, streamlined, and secure method of sending funds to multiple recipients without the need for their banking information.
Key features
- Create and upload a single file that lists multiple individual payments for Interac to process.
- Businesses can customize Interac e-Transfer notifications, so customers see your brand.
- Payments are tracked and reported to show exactly which ones have been deposited.
Who can use it
Financial Institutions / Issuers (FI).