EFT Payments will be deposited 2 business days from when they are made. Below is an example schedule, and does not include specific Canadian holidays which are NOT considered business days.

Saturday/Sunday/Monday are funded on Wednesday

Tuesday is funded on Thursday

Wednesday is funded on Friday

Thursday is funded on Monday

Friday is funded on Tuesday

Below is the deposit schedule by deposit bank for any card transactions.

Bank of Nova Scotia

Same day funding and typically soon after file received. (Valued to Day 2.)

Bank of Montreal
6 p.m. ET (Day 2)
Royal Bank of Canada
3 a.m. ET (Day 3 posted under Day 2 value date)

Toronto-Dominion Bank
5:30 p.m. ET (Day 2)

National Bank of Canada
1 a.m. ET (Day 3)

Canadian Imperial Bank of Commerce
6:30 p.m. ET (Day 2)

5 p.m. ET (Day 2)

Laurentian Bank of Canada
12 a.m. ET (Day 3)

Alberta Treasury Branches
5 p.m. ET (Day 2)

5:45 p.m. ET (Day 2)

Did this answer your question?