Direct Payment
What is automated banking service charges
This service allows you to automatically collect common charges of each owner as of the first month for all your corporations.
Everything is completely automated. Condo Manager will create the file for you and automatically send it to our servers. This will then contact the bank for you and submit your file to be processed.
The following summarizes the steps of the operation (which will all be done automatically for you):
- Automatic creation of the direct payment file while billing your common charges within Condo Manager
- Encryption and compression of the file on your computer
- Automatic transfer of the encrypted file to our server
- The first, our server transfers your file to your financial institution for processing
- The next business day, the money collected is deposited into each corporation's bank account
Cost benefits
- With our large volume of transactions, we were able to get exceptional prices from financial institutions what benefits to our customers by lowering their costs.
- No monthly fee or minimum charge, you only pay for the transaction that you make.
- No registration fee.
- No charge per file.
- You can process an unlimited number of files per month (convenient to collect the balance of a homeowner who sells his unit any day of the month).
Simple to use
- You don't have to connect with your bank's secure web site to send any file. It is done by us.
- You can continue to deal with your own bank as we can handle files for all canadian banks and process the deposits for any of them.
Save time!
- The software will automatically create all files for all your corporations with a single mouse click.
Contact us
Feel free to contact us if you have any questions or comments about our products and services. Click here for our contact details.