Setting up Pre-Authorized debits (EFT) from your chequing account
Pre-Authorized Debits from your Chequing account are Liberty's preferred payment method, the main reasons are convenience and cost, both in time and in dollars.
- Credit card merchant charges can be in excess of 2.5% of the bill each month
- Credit cards expire more frequently resulting in missed payments and collection efforts
- Credit card fraud is on the rise and results in cancelled credit cards, missed payments and collection efforts
It's easy to set up, just give us a call at our Edmonton office 1-866-926-SAFE (7233) or fill out our contact form
You will need to have three account details on hand for Liberty to set up your Pre-Authorized Debits:
- Branch Transit Number - 5 Digits
- Financial Institution Number (Your Bank) - 3 Digits
- Account Number - 5 to 12 Digits
Below are a few ways to find these numbers
(Information provided by Transferwise)