What are automatic bill payments?

This lets you set up automatic, recurring bill payments from your bank account or credit card. You can choose the frequency (weekly, bi-weekly, or monthly) and the amount.

If you set up automatic bill payments from your chequing account, this is also known as a pre-authorized debit payment. You'll need to let the payee know your account, transit and institution number. All of this information can be found on a copy of your void cheque.

Last updated May 3, 2024