
We have a client here in Edmonton that has a request to use Bank of America - based in Toronto - to do Direct Deposit transactions from Canadian Payroll. I know we have some degree of flexibility, but, I have not seen BofA listed on the drop down and I was wondering if anyone else out there has had this request?
Client is being forced by Head Office to switch this account and it is a matter of some urgency as the 'former' parent wants the 'old' company off of their banking accounts as soon or sooner than may be possible.
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I have the same question (0)So after spending about 15 hours with Bank of America Canadian experts and being told that they are 'total different' than other banks, we submitted to them using the HSBC - CPA format and it was accepted without question on the first pass.
The Bank experts told us we made the 'right' changes - all we did was put in the Bank Transit numbers and submitted.
So, if anyone else is running up against Bank of America for Canadian Payroll, it can be done - we have done it, client is doing weekly payroll and encountering no errors.