Scotiabank lets your company pay vendors using extremely secure electronic media with the following options:
Make transfers to any bank in the National Banking System using SINPE using direct credits if the deposit is done 24 hours after ordered or using the electronic funds transfer (EFT) mode, if the transfer is to be made the same day.
Open checking accounts for your vendors to make electronic payments using Scotia On Line or using the bank's internal transfer service, at no cost to your company.Scotia en Línea
The benefits of this service are:
Immediate payment receipt
Security, since the vendors will not have to authorize someone to come pick up the check for payment of goods and services.
If you use EFT, it does not have to go through the clearinghouse.
The system will issue a voucher to both the party making the payment and the payee.
Both the vendor and the company making the payment can see the credit and debit through Scotia On Line.
Save time in your payment and collection processes.
For more information call 800-1-SCOTIA (726842) or visit us at any of our branches!
