CAFT Service

CAFT (Customer Automated Funds Transfer) Service

The right solution for electronic deposits and pre-authorized payments.

CAFT can streamline your business.

  • Do you have multiple suppliers to pay?
  • Do you have a business and would like to pay your employees electronically?
  • Do you own a rental property and collect payment from your renters and would like to do it electronically?
  • Do you collect club fees or dues?
  • Do you collect condo fees?

If you answered “yes” to any of the questions above, CAFT could be the right solution for you.

What is CAFT?

CAFT (Customer Automated Funds Transfer) is a secure web-based application that provides credit unions and members the ability to generate electronic deposits and pre-authorized debits.

CAFT access allows you to move money electronically between Canadian Financial Institutions. These electronic files are called AFTs (Automated Funds Transfer).

Benefits of CAFT for Business Members

  • CAFT (Customer Automated Funds Transfer) – originating pre-authorized debits and direct deposit transactions (alternatively referred to as AFT payments) is very easy.
  • You can use online CAFT service to create transactions anywhere, anytime through, our secure website portal.

This service enables you to initiate payment transactions for things like:

  • Direct Deposit payments for Payroll
  • Accounts Payable
  • To collect payments for:
    • Membership / Club fees or due
    • Condo Fees
    • Some Utility payments

CAFT is fast, user friendly and cost effective.  Some of the many added valued features are:

  • Safe and secure
  • Compatible with many accounting software packages
  • Online editing, help and reporting
  • Provides an audit trail
  • Allows multiple due date frequencies
  • Automatic due date calculation and release
  • Flexible search criteria
  • No limit on the number of users
  • Multiple user permission levels
  • Mass changes/updates
  • You receive email notification
  • Allows history viewing
  • No minimum number of transactions

CAFT Technical Requirements to maintain access to the system include: 

  • Must have basic computer skills 
  • Desktop or Laptop computer 
  • Internet access with browser Internet Explorer (versions may change periodically)
  • Adequate firewall protection with 128 bit encryption
  • Antivirus updated regularly
  • Confirmed and active corporate e-mail address

Not sure if CAFT is for you?

Contact your branch to help you determine if CAFT is the right solution for your organization.

CAFT accounts are subject to approval and may require additional documentation.

Already a CAFT member?

The CPA (Canadian Payments Association) sets the rules that govern this movement of money by AFTs. The CPA Rules and Standards can be accessed at

Lakeland Credit Union reserves the right to suspend your CAFT services at any time without notice for not complying with CPA Rules and Standards and AFT requirements.  Please review your roles and responsibilities as a CAFT User.


Login To Online Banking

Don't have online banking? Click here to get started!

Online banking is
guaranteed secure

Login to Other Accounts

Technical Support