ACH Payment Rules for Canadian Merchants
  • 01 Mar 2023
  • 1 Minute to read

ACH Payment Rules for Canadian Merchants

Canadian Merchants accepting bank payments from customers need to adhere to some additional rules and regulations. Below are three of the most common bank payment rules that apply to Canadian businesses. 

These guidelines are not considered an exhaustive list of Payment Canada rules and regulations for bank payments, for complete details or specific questions please refer to the Payments Canada website

Please be aware that:

  • The first bank payment for a new customer will be completed three business days after the customer completes the PAD Authorization Form
  • If you edit the Bank Account Holder Name, Helcim will send a notification to the customer and funds will not be pulled from that account for 3 business days after the change is made
  • Your customer can cancel the PAD Agreement at any time, provided they give 30 days notice before the next debit

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