E-Pay: Simplify your payroll digitally

CIBC E-Pay makes paying staff much easier. This service lets you pay your staff online with direct salary deposits into employee accounts held at CIBC. Don't waste time or paper processing individual salaries. Get in touch today to set up online payroll for your business.

How does E-Pay Work?

E-Pay and Online Payroll Services are encrypted to ensure enhanced data security
When you use E-Pay, your office can submit a single file-making it more convenient, and less time consuming
Salary payments can be made via direct deposit to any bank account at any local bank, making it accessible for employees no matter where they bank
E-Pay also gives you faster payroll payment and processing, all while maintaining salary confidentiality
Internal payroll reports can be generated

How will E-Pay Benefit My Business?

No need to process individual employee salaries
Eliminate the need to physically deliver your payroll
Reduce paper waste
Save the cost of cheques and stamp duty
Reconcile account statements even faster
Your employees can make their withdrawals on personal time through the ATM
E-Pay reduces administrative and transaction costs associated with payment through cheques, paper vouchers and cash

Ready to setup online payroll services for your business? Talk to your Relationship Manager for more details or contact us >.

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