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I am proposing that we enable
<!--DOCTY--><!--DOCTY-->Interac eTransfer on our Assiniboine Credit
Union account. This will allow us to make payments directly to Cima
Coppi and other vendors who prefer eTransfer and find PayPal too
expensive. This could also be used to pay our staff.<br>
<br>
Simple transfers are not presently available for our account
since it requires two signatures. However, ACU offers Online
Business Banking which allows one of us to submit an eTransfer which
will be forwarded to a second authorized signer and then to the
payee. That's my understanding of how it works. <br>
It requires that each authorized signer has an online banking id
and password. However, any two of us could make this work so if
you'd rather not participate you don't have to. <br>
eTransfers cost $1.50. The cheque forms we are using plus
postage cost .59 plus .85 = $1.44 (plus envelope) so the costs are
the same. <br>
<br>
The attached letter will be sufficient to request this service.
If you have a digitized copy of your signature you can add it to the
letter and pass it on. <br>
<br>
--Bill<br>
<br>
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