the free methodist church in canada
Electronic Fund Transfer (EFT)
Receiving Funds from FMCIC
The Free Methodist Church in Canada is transitioning to paying via Electronic Funds Transfers (EFT) instead of by cheque. This change will enable faster, more secure, and more efficient payments.
For our churches, even if we already have your church name and banking information on our file from the Central Payroll Services, we need the following to send any payments/reimbursements to via EFT.
- Authorization – Please confirm by having your treasurer send an email to finance@fmcic.caand Include in the email your Church Name and your expressed consent to receive payments via EFT instead of by cheque.
- VOID cheque or equivalent info which includes:
- Bank Name
- Branch Address
- Transit Number (5 digits)
- Institution Number (3 digits)
- Bank Account Number
For other organizations and individuals receiving funds from FMCIC, please send a VOID CHEQUE or equivalent info along with your contact information to finance@fmcic.ca. Equivalent info must include:
- Bank Name
- Branch Address
- Transit Number (5 digits)
- Institution Number (3 digits)
- Bank Account Number
EFT Payment Schedule
Once approved, EFT payments are processed twice a month.
Deadlines for submitting any expense/invoice for EFT payment are:
- 8th of each month for processing on the 15th
(or preceding Friday if the 15th falls on a non-business day) - 21st of each month for processing on the last business day of the month
Approved payments that miss one of the deadlines will be processed on the following EFT Payment schedule.
We appreciate your cooperation and attention to these timelines, which will help us process payments smoothly. If you have any questions, please contact the Finance team at finance@fmcic.ca.
