As Part of a Renegotiation of Trade Agreement

Application for Electronic Funds Transfer (EFT)

As part of a renegotiation of trade agreement

This information will be used solely for the purposes of depositing your payments into your bank account by RONA Inc and its subsidiaries and will not be disclosed without your authorization. The e-mail address will be used to send the Remittance Notification. It is advisable to use a secured generic Email address that will not be affected by the change of staff in your organization.

You may contact our supplier’s service department (514) 599-5146 if you require assistance to complete this form.

Complete all requested information below. For security purpose, attach an original void cheque displaying your name or an original signed and/or bank stamped letter from your financial institution. Supplier name must also match name on invoice. Only these two documents will be accepted, to avoid any delay in your request, please send us only one of these two document.

Void cheque Bank letter

Remittance E-mail Address:

(Only one e-mail address)

Supplier Information

Supplier Legal Name GST No.

Supplier Address

Street No. Street Name Unit/Suite.

City Province / State

Postal Code Fax No. Phone No.

Financial Institution

Name of Financial Institution

Institution No. Branch No Account No

Authorization: I/We authorize RONA to make all payments by electronic funds transfer into the above account. I have the authority to provide the above information on behalf of the corporation/organisation/payee.

Name Title

Signature: Phone:

Date:

Email the Signed completed application to:

Additional Instructions – Application for Electronic Funds Transfer (EFT)
Normal processing time of your application
15 working days is required to process your application and this , when all requested documents and information are attached.
Voided check or bank letter
One of these two documents is essential in order to process your request.
If these documents are not attached, your application will be rejected and we will contact you which will cause additional delays in processing your file.

Supplier name

Please note that it is essential that the supplier name specified on this form is the same as the name on your bills.

Email for remittance advice
Only one email address can be registered in our system for sending the remittance document.
Transition between payment mode by Check and Electronic Funds Transfer (EFT)
The payment mode Electronic Funds Transfer will apply to all transactions recorded in Rona systems after the change of payment mode applicable to your case.
Therefore, transactions processed before the change will remain payable by Check.
Sending the remittance advice payment
Once the change request of payment mode to Electronic Funds Transfer (EFT) is processed, the payment remittance advice is sent whenever Rona issue a Check (for the duration of the transition period) or EFT payment .
This notice is sent two days before sending the Check or before the deposit into your bank account.

Mis à jour 2017-02-21