Each Chexy user is assigned a digital deposit account, or "Chexy Wallet," with unique account details including a transit number, institutional number, and account number. When your payee withdraws your payment, it will come directly from this personalized account, making it easy for them to identify that the payment is from you, just like if it was coming directly from your bank account.
How will my payee know the Pre-Authorized Debit (PAD) payment is from me?
Updated over a month ago