Automated Clearing Settlement System (ACSS) Rules and Standards

The Rules and Standards are updated regularly on a best efforts basis and should be the version in force. You can contact the Payments Canada for confirmation by e-mail at info@payments.ca or by phone at 613-238-4173.

Introduction

  • PDF icon Introduction​ — Preamble, Procedure for Access to CPA Rules, Rules and Rules Amendments, Procedures for Discussion Draft Rules, Rights and Obligations, Definitions (terms used in more than one rule)

Section A - Preparation of Clearings

Section B - Clearing at Regional Exchange Points

Additional information:

Section D - Clearing Arrangements for Direct Clearers Acting in Agent Capacities

Section E - Electronic Items

Section F - Automated Funds Transfer System

Additional information:

  • As part of Modernization's AFT Enhancements initiative, the following amendments were approved by the Board and the Department of Finance,  and will come into effect on September 17, 2018. ACSS Rules F1, F4, F7: PDF icon AFT Rule Changes

Section G - Industry Agreements with Third Parties in Respect of Joint or Common Services

Additional information:

  • As part of Modernization's AFT Enhancements initiative, the following amendments were approved by the Board and the Department of Finance,  and will come into effect on September 17, 2018. ACSS Rules G12: PDF icon AFT Rule Changes

Section H - Payment Services

Section J - Miscellaneous Procedures

Section K - International Payment Procedures

Additional information:

  • As part of Modernization's AFT Enhancements initiative, the following amendments were approved by the Board and the Department of Finance,  and will come into effect on September 17, 2018. ACSS Rules K8: PDF icon AFT Rule Changes

Section L - Default and Insolvency Procedures

ACSS Standards