Payments Canada Forum – Extended Payment Settlement Hours

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Date & Time

May 31, 2018
8:30 am - 11:00 am


You may recall the work AdvantageBC was doing to build the case for extending bank settlement hours so that Western Canadian companies are not at a disadvantage. On this note, we are pleased to share that effective this September, there will be a third exchange, closing at 6:00 pm (PT). This enhancement is one example of the advantages being delivered by Payments Canada as part of its modernization efforts to transform Canada’s payments ecosystem.

We are hosting a forum with Payments Canada to help companies learn how to take advantage of this opportunity.


Register for the waitlist and we will contact you if space becomes available.

Join us on May 31, 2018 from 8:30 a.m. to 11:00 a.m. for the discussion.

Payments Canada has undertaken a major modernization effort that will transform our country’s entire payments ecosystem. Join us for an interactive session on May 31st from 8:30 a.m. to 11:00 a.m. at McCarthy Tétrault’s Vancouver office to discuss the benefits and opportunities of modernizing, including an understanding about the additional Automated Funds Transfer windows with two-hour funds availability that will come into effect this fall.

This new exchange window at 6:00 pm (PT), will allow originators based in the West to send files to their financial institutions closer to the end of our working day. The gateway of possibilities that this new exchange window will open is only the beginning of the advantages to come. From access to richer data through the adoption of ISO 20022 and the go-live of real-time payments capability, coupled with other milestones, the path Canada is on today will combine to strengthen British Columbia and Canada’s overall competitive position as a global leader.

Come prepared with questions and come away knowing how you can start to take advantage of payments modernization. Justin Ferrabee, Payments Canada’s Chief Operating Officer will kick of the session with a level-set about payments modernization. As a moderator, he will then guide a panel discussion to share reflections about the opportunities and advantages.

Registration: 8:30 a.m. 

  • Refreshments provided by McCarthy Tétrault Vancouver

Welcoming Remarks: 8:55 a.m.

  • Colin Hansen, AdvantageBC, President & CEO

Presentation9:00 a.m.

  • Justin Ferrabee, Payments Canada, Chief Operating Officer

Panel Participants: 9:30 a.m.

  • Greg Kent, Royal Bank of Canada, RBC Treasury Solutions Specialist
  • Jean Hope, Director, Financial & Banking Relations, BC Ministry of Finance, Banking & Cash Management Branch
  • Michael Gokturk, Einstein.Exchange, CEO

The forum is complimentary. Advance registration is required. 


Register for the waitlist and we will contact you if space becomes available.

Did you know?

  • Vancouver is among the top-10 wealth management centres in the world.
  • All five of Canada’s largest banks have significant operations in BC.
  • Vancouver ranked third most livable city in the world by the EIU.
  • According to latest GFCI, Vancouver is the 5th most powerful financial centre in North America.