Zūm Rails allows you to send money directly into the users' accounts using Interac.
With ANR, when money is sent via Interac it is automatically deposited into the user's account with no intervention. All you need is your user's bank account information when creating a transaction.
Using Interac ANR
When creating a new transaction for a user whose bank account information is available, you must select the checkbox Deposit funds directly into the users' Bank Account.
Once completed, the funds will be deposited directly into the end user's bank account.
The transaction must be an Interac Accounts Payable from Wallet to User
If the user's bank account information is not available when you create the transaction, you will not be able to see the checkbox.
Institutions that support Interac ANR
- CIBC (010)
- BMO (001)
- RBC (003)
- TD (004)
- Bank of Nova Scotia (002)
- National Bank of Canada (006)
- Canadian Imperial Bank of Commerce (010)
- HSBC Bank Canada (016)
- Alberta Treasury Branches (219)
- Motus Bank (374)
- Coast Capital Savings Federal Credit Union (809)
- Peoples Trust Company (621)
- Central 1 Credit Union British Columbia (809)
- Van City (809)
- First West Credit Union (809)
- La Caisse Centrale Desjardins Du Québec (815)
- Central 1 Credit Union Ontario (828)
- Meridian Credit Union (837)
The system checks are based on the institution number/bank code. If the institution bank has the same code but another name, it will be enabled for ANR.
There is an extra charge to use this feature. For pricing please contact sales at sales@zumrails.com