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Treasury Management

International ACH

Save time and money when you send electronic payments to trade partners, vendors and employees throughout Canada and Mexico.

Streamline & reduce the costs of cross-border payments

We partner with the Federal Reserve

  • International ACH is processed through the Federal Reserve and its global bank network to achieve secure, timely and reliable posting of payments.
  • Payments to Canada: the Federal Reserve partners with Scotiabank to process international ACH payments via the EFT network.
  • Payments to Mexico: the Federal Reserve partners with Banxico to process international ACH payments via the SPEI network.

Primary use cases

  • Vendor payments, import contract payments and other business-to-business payments
  • Facilitating payroll, reimbursement payments and claim payments to individuals
  • Collecting payments from customers (supported for Canada only)
  • Moving funds between your U.S. account and any accounts you maintain in Canada and Mexico.

 

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Features and Benefits

  • Process payments using the ACH template workflow in GNB Online Banking for Business to ensure all required information is provided.
  • NACHA files from your AP or ERP software are supported.
  • International ACH is a low-cost alternative to wire payments or paper checks.
  • Send payments to Canada as USD or CAD or to Mexico as MXN.
  • Send ACH debit transactions to collect payments from customers in Canada.
  • Up to 180 characters of remittance information can accompany a transaction.

Learn more about banking with us

We help you throughout your banking journey and provide the support you need to reach your goals.

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