Disbursements

An efficient way to pay your local suppliers and vendors.

Overview

Scotiabank’s Disbursements service provides a quick and simple way to pay your local suppliers and vendors. This service can dramatically reduce the time and expense of manual payments and improve cash controls by enabling electronic payments to designated accounts.

The Disbursements service can also save your business money by eliminating cheque issuing charges, reducing storage/handling fees and financial losses related to fraud. With this service, you control your payments, so you can manage your business cash flows more effectively and improve cash forecasting.

Right for your organization if:

Regularly make payments to local suppliers and vendors
Currently issue cheques to local suppliers and vendors
Use an automated accounts payable system to generate payment files

Benefits you can bank on

Explore other cash management services

Information Reporting | Direct Deposit | Disbursements | Collections | Wire Payments | Bill Payment Services

Find out how our Cash Management Services can work for you. 

Speak with a Scotiabank Business Banking Representative today.