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CIBC Digital Business ACH Payment Services

CIBC Digital Business ACH payment services leverage Payments Canada's Automated Clearing Settlement System for bulk payment processing. The platform handles payroll disbursements, vendor payments, recurring billing, and pre-authorized debits with configurable multi-level approval workflows.

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Key Features

Payroll Processing

Direct deposit payroll disbursement with scheduled T+0 settlement and automated tax remittance integration.

Vendor Payments

Bulk ACH payments to suppliers and vendors with customizable payment schedules and approval chains.

Recurring Billing

Automated recurring ACH debits for subscription-based businesses with customer authorization management.

Pre-Authorized Debits

Collect recurring payments from customer accounts with ACH debit authorization and mandate tracking.

How It Works

Account Setup

Configure your business account through the CIBC Digital Business platform with administrator approval.

Configuration

Set up payment templates, approval workflows, and user permissions for your team.

Integration

Connect your accounting software via API or file-based integration for automated data flow.

Operation

Process payments, generate reports, and monitor transactions through the unified dashboard.

Important: This service is available exclusively to registered Canadian businesses. Personal banking customers should use retail banking channels. Processing times and fees are subject to change based on account type and volume.

Frequently Asked Questions

Standard ACH batches submitted before 4:00 PM ET settle on the next business day (T+1). Same-day ACH is available for an additional fee with settlement by 5:00 PM ET on the submission day.
The platform supports ACH batches of up to 50,000 transactions per file. For larger volumes, multiple batch files can be submitted sequentially. The largest single-day ACH volume processed was 214,000 transactions across four batch files.
Yes, payment templates store beneficiary banking details, default amounts, and scheduling preferences. Templates can be reused for recurring payments without re-entering beneficiary information each cycle.

Ready to Get Started?

Contact our commercial banking team to activate this service for your business account.

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