Disbursements

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.