Payroll Funding Lead Times

Review Funding Options below and determine which option will work best for your payments due dates. 

 

Funding Options  Lead TimeDescription
Option 1 - Send Funds to Telpay     2 business day Simply add Telpay to your list of bill payees in your online bill payment service.  Your bill payment file and funds must be sent to Telpay by 3:00 PM, CST, 2 business days prior to your payment date.
Option 2 - Telpay Debits Your Account     5 business days

 

Telpay will debit the funds from your account.  Your file must be sent to Telpay 5 business days prior to your payment date.  Your account will be debited 4 business days prior to your payment date.

The advance debit option is subject to review by Telpay.  A fee of up to $150 may apply. For more information on this funding option, please speak to a Telpay representative.

 

Notes:

  • Always verify processing timelines and deadline of your financial institutions when transferring funds.
  • Remember to adjust your payment date to account for holidays or non-process days.
  • All funds for the purpose of processing your payments are received into a trust account.

If you need further clarification with these options, please contact a Customer Care Professional at 1-800-665-0302 or email service@telpay.ca.

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