Overview

Payment type Priority Regular
Cut off time (GMT) 2:00 pm 4:30 pm
Delivery time frame 0 days 2 days
Maximum payment size No limit CAD 20,000
Payment Scheme SWIFT Electronic Funds Transfer (EFT)
Destination countries Any (except sanctioned) Canada
Traces Yes No
Recalls Yes No
Ultimate payer displayed? Yes No

Required details

Regular payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type ‘individual’ or ‘company’ only
Beneficiary First Name 1-255 characters*
Beneficiary Last Name 1-255 characters*
Beneficiary Company Name 1-255 characters*
Beneficiary Address 1-255 characters*
Beneficiary City 1-255 characters*
Beneficiary Postcode 1-12 characters*
Beneficiary State or Province 1-255 characters*
Beneficiary Country 1-255 characters*
Account Number 7-35 digits
Bank Code 3 digits Also known as ‘(Financial) Institution Number’. The Bank Code indicates which bank the payment should be sent to.
Branch Code 5 digits Also known as ‘Transit (Branch) Number’. The Branch Code indicates which branch at the bank the payment should be sent to.
Payment Currency 3 letter ISO currency code
Payment Amount Numeric amount
Payment Reference 1-255 characters*
Payment Reason 1-255 characters*
Payer Entity Type ‘individual’ or ‘company’ only
Payer First Name 1-255 characters*
Payer Last Name 1-255 characters*
Payer Company Name 1-255 characters*
Payer Address 1-255 characters*
Payer City 1-255 characters*
Payer Postcode 1-12 characters*
Payer State or Province 1-255 characters*
Payer Country 2 letter ISO country code
Payer Date of Birth ISO 8601 format (YYYY-MM-DD).

* Please note that non ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.

Priority payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type ‘individual’ or ‘company’ only
Beneficiary First Name 1-255 characters*
Beneficiary Last Name 1-255 characters*
Beneficiary Company Name 1-255 characters*
Beneficiary Address 1-255 characters*
Beneficiary City 1-255 characters*
Beneficiary Postcode 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary State or Province 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary Country 2 letter ISO country code
IBAN 15-34 alphanumeric characters; spaces permitted IBAN must be used when sending to all IBAN countries. When sending to non-IBAN countries, account number must be used.
Account Number Varies per destination country When sending to non-IBAN countries, account number must be used. IBAN must be used when sending to all IBAN countries.
CLABE 18 digits CLABE must be used instead of account number or IBAN when sending payments in any currency to Mexico. CLABE is the banking standard for the numbering of bank accounts in Mexico (equivalent to the Account Number in other jurisdictions).
BIC SWIFT Valid ISO 9362 SWIFT BIC code; 8 or 11 alphanumeric characters BIC SWIFT must be used when sending payments to any country except the USA. When sending to the USA, ABA must be used.
ABA 9 digits American banks are identified by a 9 digit ABA number, also known as ‘Routing Number’. The ABA should be valid for FedWIRE payments. Some ABA values are only valid for FedACH payments. Payments to FedACH-only ABAs will fail. The ABA is required for all payments to the USA.
Payment Currency 3 letter ISO currency code
Payment Amount Numeric amount
Payment Reference 1-255 characters*
Payment Reason 1-255 characters*
Payer Entity Type ‘individual’ or ‘company’ only
Payer First Name 1-255 characters*
Payer Last Name 1-255 characters*
Payer Company Name 1-255 characters*
Payer Address 1-255 characters*
Payer City 1-255 characters*
Payer Postcode 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer State or Province 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer Country 2 letter ISO country code
Payer Date of Birth ISO 8601 format (YYYY-MM-DD).
Payer Identification Type ‘incorporation_number’ only
Payer Identification Value 1-255 characters*
* Please note that non supported characters will be transformed to EBCDIC equivalent or removed on a best endeavours basis in order to comply with the restrictions of the SWIFT payment network. The permitted characters on the SWIFT network are letters, numbers, spaces and the following symbols:
/ – ? : ( ) . , ‘ +