Electronic Funds Transfers

MTFX EFT services give you a fast and simple way to make payments and avoid the costs of preparing, distributing and reconciling cheques.

Simplify your payments and disbursements

MTFX EFT services allow you to control the costs of managing your domestic payments. You can effect payments to your suppliers locally through electronic funds transfers for same-day value payments or future-dated payments. EFT’s take the hassle and costs out of storing and controlling blank cheque stocks, cheque preparation, and postage costs.

We allow you to simplify your payments by storing beneficiaries on your client record. All you do is inform MTFX of who you would like to pay and when. We take care of the rest.

You don’t have to wait for cheques to be cashed or to be cleared. You can time your payments based on due dates for accurate cash flow forecasting allowing for easy reconciliation.

MTFX EFT services work in a straight through seamless process with your existing bank accounts allowing you to secure the most favorable exchange rates while still maintaining your current banking relationships.

For further information on our EFT services please contact one of our Account Executives who will be more than happy to assist you.