Payment Solutions
Interac e-Transfer®
Interac e-Transfer® is Canada’s most popular form of electronic money transfer. If you have an email address or mobile number and a Canadian bank account, it allows you to send and receive money anytime, anywhere from your computer, smartphone or tablet.
Send Money
To send money you will need the recipient’s email, phone number or account details. Upon sending, the recipient is typically notified via email or text. Once completed, the Interac e-Transfer securely transfers the money using established banking procedures.
Autodeposit
Autodeposit is a feature that makes receiving money easier. It connects your email to your chosen bank account so that when someone sends you money through Interac e-Transfer, it automatically goes into your account.
Request Money
Request Money, an Interac e-Transfer® Enhanced Feature simplifies money requests. Your customers can easily request owed funds or send reminders via online or mobile banking. They select a contact, enter an amount, choose an account, and optionally add a message or invoice number.
Wire Transfer
Send or receive money quickly and securely within Canada or internationally with a wire transfer. The sender provides the instructions for the transfer. You can send money using your UCU chequing account and your transfer will be credited directly to the recipient’s bank account.
To send an international wire transfer you will need:
- Recipient’s name and full address
- Account number
- Bank name and full address
- Institution number
- Swift Code / BIC / IBAN code
- Routing Number (international)
- Intermediary bank full name and full address
To send/receive an international wire transfer you will need to provide the following information to your sender
Mobile Deposit/ Deposit Anywhere
With the UCU Mobile Banking app, you can conveniently deposit cheques directly from your mobile device. Use your smartphone or tablet to take a picture of the front and back of the cheque, and the app will process the deposit for you. This feature saves you a trip to the bank or ATM, making banking more efficient and accessible anytime, anywhere.
Here are the steps to deposit a cheque using the UCU Mobile Banking app:
- Open the UCU Mobile Banking app
- Sign the back of the cheque and write ‘For deposit only’
- Use your mobile device’s camera to take photos of the front and back of your cheque
- Enter the amount of the cheque and select the account into which you’d like to deposit the money.
- Select ‘Deposit’
Pre-Authorized Payment or Automated Funds Transfer (AFT)
It’s a great way to pay bills such as:
- Payroll
- Mortgage payments
- Property taxes
- Gym memberships and more
- To set Pre-Authorized Payment or AFT download and complete this form and mail it to your branch
Bill Payments
To ensure timely payments and avoid late fees, schedule your online bill payments at least 3 business days before the due date. This gives sufficient time for processing and ensures your payments reach their destination on time.
You can simplify your bill management by setting up automatic, recurring credit card payments. By doing so, you’ll never miss a due date again, giving you peace of mind and helping you stay on top of your financial obligations.
CRA Payment Business Taxes
Follow these steps to pay online:
1. Login to UCU Online Banking
2. Under Payments, click Pay Business Taxes
3. Choose the CRA filing or payment option required
4. Click Add Account
5. Type your business number and click Add Account
6. Click Return to CRA Filing and Payments
7. You can now Remit, View History, or Delete Account
FX Notes Plus
Buy and sell over 80 foreign currencies and have the currency delivered to your door
Please visit your nearest UCU branch or contact the UCU Contact Centre for more details.
US Cheques
Payment Stream AFT Services for Business
