E-Pay & E-Cheque

Online Payroll Services and Direct Deposits To Pay Your Staff Online

CIBC FirstCaribbean E-Pay & E-Cheque make paying staff much easier. Our online payroll services let you pay your staff online with direct salary deposits into employee accounts held at CIBC FirstCaribbean or other banks. Don't waste time or paper processing individual salaries. Get in touch today to set up online payroll for your business.

E-Pay: Simplify your payroll digitally

 

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How does E-Pay Work?

  • E-Pay and Online Payroll Services are encrypted to ensure enhanced data security
  • When you use E-Pay, your office can submit a single file-making it more convenient, and less time consuming
  • Salary payments can be made via direct deposit to any bank account at any local bank, making it accessible for employees no matter where they bank
  • E-Pay also gives you faster payroll payment and processing, all while maintaining salary confidentiality
  • Internal payroll reports can be generated

How will E-Pay Benefit My Business?

  • No need to process individual employee salaries
  • Eliminate the need to physically deliver your payroll
  • Reduce paper waste
  • Save the cost of cheques and stamp duty
  • Reconcile account statements even faster
  • Your employees can make their withdrawals on personal time through the Instant TellerTM
  • E-Pay reduces administrative and transaction costs associated with payment through cheques, paper vouchers and cash
   
Ready to setup online payroll services for your business? Talk to your Relationship Manager for more details or contact us here>>.

 

E-Cheque: Pay your non-banked employees conveniently

 

Companies

   

Key Benefits

  • Easy and convenient to fund - tied to a company account
  • Ability to do payrolls electronically
  • Reduced operating costs - reduce costs associated with writing cheques or managing cash

 

Key Features

  • 1 electronic file to fund your payroll
  • Works seamlessly with our E-Pay product

 

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Employees

   

Key Benefits

  • Greater flexibility in accessing and using funds

 

Key Features

  • Ability to withdraw cash from CIBC FirstCaribbean Instant Tellers™ at any time
  • Ability to withdraw cash from other bank's ABMs where network exists (Barbados only)
  • Ability to make purchases via Point-of-Sale

Ready to simplify your payroll process? Call your Relationship Manager or email our Cash Management Sales Team directly.