Cash Management Services

Managing cash flow is essential to growing a small business and contributes to its overall success. Our Cash Management Services are geared towards helping maintain control over your income and expense performance, and simplifying some of your day-to-day tasks.

Kawartha Credit Union’s suite of services helps business members to collect their cash and disburse funds quickly and efficiently.

Automated Funds Transfer - CAFT

The Customer Automated Funds Transfer (CAFT) program is a convenient, flexible and low cost way for business members and organizations to distribute direct deposits (payroll) or process pre-authorized debits (taxes, membership fees, donations) electronically to other financial institutions. Pricing is volume driven at a rate per payment and a monthly fee for file release. There is a one-time set up and training fee. Please contact our branch representatives to request product information.

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Merchant Services

Point-of-Sale (POS) terminals automatically authorize sales, assign an authorization number and deposit credits directly to your merchant deposit account. Once your terminal is installed, you are ready to accept MasterCard cards and any other credit cards that you have received authorization to accept.

In addition to acceptance of MasterCard and all other major credit cards, this option allows you to capture INTERAC (Trademark) direct debit transactions from customers choosing to pay with their debit cards.

Kawartha Credit Union partners with affiliate companies to provide one stop processing services for MasterCard, VISA, American Express, Interac and other point of sale (POS) needs. Funds are deposited directly to your Kawartha business account. Our affiliates provide a variety of POS solutions to meet your business banking requirements. Please contact our branch representatives for referral information.

®Trade-mark of Interac Inc. Kawartha Credit Union Limited authorized user of the Trade-mark.

Wire Services

Kawartha’s Wire Transfers service gives your business the ability to send and manage payments in any major currency to customers and suppliers worldwide.