ARL Update - Financial Institutions

July 27, 2016

Here is the latest update on financial institutions’ readiness to process ARL payments.

  1. Internet Banking
    ScotiaBank and Toronto Dominion now offer internet banking for payments to CBSA. 
    National Bank has successfully completed testing for internet banking and will be implementing this functionality in the near future.
    BMO testing has begun (BMO includes BMO plus HSBC, Citibank, Bank of America and Tangerine).
    RBC testing has begun.
    CIBC testing is about to begin.
  2. Electronic payment utilizing EDI 820
    Royal Bank, Scotia Bank and Toronto Dominion are ready to process EDI payments. 
    National Bank has successfully completed EDI testing and will be implementing this functionality in the near future.
    BMO testing has begun (BMO includes BMO plus HSBC, Citibank, Bank of America and Tangerine).
    CIBC testing is about to begin.

Topic(s): 
Entry & Payment / Accounts Receivable Ledger (ARL)
Document Type: 
Meeting Summary / Presentations