Did you know that SureFund lets you deposit funds directly into your client’s account? Opting for an EFT (Electronic Funds Transfer) is safe, quick, and best of all, there is no limit to the amount you can transfer.
Whether you’re closing a sale or refinancing a mortgage, there is nothing worse for your client than having to wait for the funds that are owed to them. Unless you also add the inconvenience of asking your client to collect a certified cheque!
The best method to transfer money to your client is by selecting EFT when adding your client as a Payee. Funds are deposited directly into their account on the same day or by the next day. And unlike wire transfers, your client will not be charged an incoming wire fee by their bank. It’s that simple.
What do I need to know about EFTs?
- EFTs can only be used to transfer funds to a bank account within Canada.
- EFT is a great option for other payees, too. Funds can be sent within Canada to brokers, other lawyers, or any payee that accepts payment by EFT.
- EFTs are processed at the end of the business day, and funds post to the Payee’s account on the same day between 6:00pm and 11:00pm or by the next business day.
SureFund helps you boost client satisfaction by saving them time and money. Learn more about the benefits of EFTs in SureFund