Business services

Automated Funds Transfer

Pay suppliers, collect customer payments, and run payroll as smooth as your next big creative project.

Automated Funds Transfer made simple for creative businesses

You’ve got ideas to bring to life — payroll headaches and payment delays shouldn’t get in the way. That’s where Automated Funds Transfer (AFT) steps in. Powered by PaymentStream™, this service delivers effortless transactions that keep your business moving forward.

Flexibility that fits your flow

Choose the setup that works for your unique business rhythm.

Scales with your business

Built to grow with your workflow, whether you handle a few transactions or many.

Real-time validation

Catch errors before they crash the party with instant checks during uploads.

Stay in the loop

Email notifications keep you updated on every successful file.

Security that’s serious

Dual authorization, transaction limits, and two-step authentication via our mobile app because peace of mind is priceless.

Your history at your fingertips

Access up to 18 months of records whenever inspiration (or reconciliation) strikes.

How it works

  1. Upload your own files or enter data directly into PaymentStreamâ„¢ AFT.
  2. Pick your vibe: Manual Release for hands-on control or Automatic Release for set-it-and-forget-it ease.
  3. Process payroll, supplier payments, and customer collections without breaking a sweat.
  4. Reconcile batch totals and validate account details like a pro.

    Service options

    • Manual release
      Log in and release batches before each due date. Schedule multiple due dates up to 14 days ahead.
    • Automatic release
      Let the system do the heavy lifting. It releases batches three business days before the due date, so you can focus on your next masterpiece.

      Service fees

      Service

      Description

      Fee

      Service

      Originator Setup

      Description

      Set up originator ID for your business

      Fee

      $150

      Service

      Additional Originator Setup

      Description

      Add another originator ID

      Fee

      $75

      Service

      Transaction Charge

      Description

      Per debit or credit, billed monthly

      Fee

      $0.25 per transaction

      Service

      Manual Release

      Description

      Per AFT file released

      Fee

      $10 per file

      Service

      Auto Release

      Description

      Monthly fee for automatic release

      Fee

      $50 per month

      Service

      File Upload

      Description

      Per AFT file uploaded

      Fee

      $10 per upload

      Service

      Soft Token

      Description

      Mobile app for two-step authentication

      Fee

      Free

      Service

      Statement Retrieval

      Description

      Monthly statement (self-serve option free)

      Fee

      $5 per statement

      Ready to make payments effortless?

      Your creativity deserves more than financial friction. Explore PaymentStreamâ„¢ AFT today and keep your cash flow as smooth as your next big idea.

      Open a business account

      If you’re new to Creative Arts Financial, book a virtual appointment to get started on your membership application.

      Already a member? Contact us to open a new account.

      Become a business member

      If you’re new to Creative Arts Financial, book a virtual appointment to get started on your membership application.

      You can also apply online through our self‑serve platform, powered by FirstOntario Credit Union. Select Creative Arts in the Preferred branch drop‑down.

      Become a member

      If you’re new to Creative Arts Financial, book a virtual appointment or complete your membership application online.

      Business U.S. Dollar Investment Savings account

      Balance

      Rate*

      Balance

      All balances

      Rate*

      0.20%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.
      Business Savings account

      Balance

      Rate*

      Balance

      $0 – $100,000.00

      Rate*

      1.55%

      Balance

      $100,000.01 – $250,000.00

      Rate*

      1.60%

      Balance

      $250,000.01 – $500,000.00

      Rate*

      1.70%

      Balance

      $500,000.01 – $750,000.00

      Rate*

      1.80%

      Balance

      $750,000.01 – $1,000,000.00

      Rate*

      1.90%

      Balance

      $1,000,000.01 – $2,500,000.00

      Rate*

      2.00%

      Balance

      $2,500,000.01+

      Rate*

      2.10%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.

      Open an account

      If you’re new to Creative Arts Financial, book a virtual appointment or complete your membership application online.

      Already a member? Log in to online banking.

      Creative Arts Financial is closed on the following days

      Wednesday, July 1, 2026 Canada Day
      Monday, August 3, 2026 Civic Holiday
      Monday, September 7, 2026 Labour Day
      Wednesday, September 30, 2026 National Day for Truth and Reconciliation*
      Monday, October 12, 2026 Thanksgiving Day
      Wednesday, November 11, 2026 Remembrance Day*
      Thursday, December 24, 2026 Christmas Eve**
      Friday, December 25, 2026 Christmas Day
      Monday, December 28, 2026 Observation of Boxing Day*
      Thursday, December 31, 2026 New Year's Eve**
      Friday, January 1, 2027 New Year's Day 2027
      * Member Service Centre, Member Solutions Team and Personal Assisted Tellers will be available from 8 a.m. to 5 p.m. ** On December 24 and December 31, branches will close at 1 p.m. Our Member Service Centre and Personal Assisted Teller services will be available from 7 a.m. to 4 p.m. and the Member Solutions Team can be reached from 8 a.m. to 4 p.m.
      U.S. Dollar Investment Savings account

      Balance

      Rate*

      Balance

      All balances

      Rate*

      0.15%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.
      Daily Interest Savings account for seniors (60+)

      Balance

      Rate*

      Balance

      $0 – $1,000.00

      Rate*

      0.05%

      Balance

      $1,000.01 – $5,000.00

      Rate*

      0.05%

      Balance

      $5,000.01 – $10,000.00

      Rate*

      0.05%

      Balance

      $10,000.01+

      Rate*

      0.05%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.
      Investment Savings account

      Account options

      Rate*

      Account options

      Non-registered savings

      Rate*

      0.30%

      Account options

      TFSA investment savings

      Rate*

      0.60%

      Account options

      FHSA investment savings

      Rate*

      3.20%

      Account options

      RRSP investment savings

      Rate*

      0.05%

      Account options

      RRIF investment savings

      Rate*

      0.05%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.
      Daily Interest Savings account

      Balance

      Rate*

      Balance

      $0 – $1,000.00

      Rate*

      0.05%

      Balance

      $1,000.01 – $5,000.00

      Rate*

      0.05%

      Balance

      $5,000.01 – $10,000.00

      Rate*

      0.05%

      Balance

      $10,000.01+

      Rate*

      0.05%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.
      High Interest eSavings account

      Balance

      Rate*

      Balance

      $0 – $100,000.00

      Rate*

      0.60%

      Balance

      $100,000.01 – $200,000.00

      Rate*

      0.75%

      Balance

      $200,000.01+

      Rate*

      0.80%

      * Per annum rate. Rate and terms subject to change without notice. Conditions apply.apply.