Review Funding Options below and determine which option will work best for your payments due dates.
*Advanced Debits funding option is only available to existing Telpay for Business desktop users.
| Funding Options | Lead Time | Description | ||
|---|---|---|---|---|
| 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. *Advanced Debits funding option is only available to existing Telpay for Business desktop users. |
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Use Telpay's Funding Timeline tool to determine your funding date to ensure your payroll is funded and processed on time.
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.
