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Scotiabank

Pay out and reconcile straight from your bank accounts.

Feature overview

01
1country
02
4payment types
03
Encrypted file exchange (PGP)and 1 more channel

What you get

Light pays out of your Scotiabank accounts and reads the statements back. Payment files leave Light in the format Scotiabank expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

2 maintained formats sit behind this one entry — one per country, channel and message type Scotiabank supports — and they are updated as the bank changes them, so a format change is never your project.

  1. 01Pay suppliers, staff and tax from Scotiabank in Canada.
  2. 02Domestic account to account, Domestic account to account high value, Domestic positive pay and 1 more — 4 payment types in all.
  3. 03Connects over Encrypted file exchange (PGP), File exchange.
  4. 04Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • Canada

Payment types

  • 01Domestic account to account
  • 02Domestic account to account high value
  • 03Domestic positive pay
  • 04Int. Payment
Category
Banking
Countries
1
Channels
Encrypted file exchange (PGP), File exchange
Messages
Outgoing payments
Formats
EFT, ISO20022
Price
Included with Light