This is a multipart message in MIME format. ------=_NextPart_000_0B54_01DAB667.E78B3E40 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable I was asking Laszlo lol =20 From: Timothy Thomas =20 Sent: Tuesday, June 4, 2024 10:09 AM To: eclark@thekey.com Cc: Laszlo Kovacs Subject: Re: Canadian bank accounts / vendor debiting =20 Yes, go ahead. =20 =20 On Tue, Jun 4, 2024 at 12:37=E2=80=AFPM > wrote: Can you or I reply and add in, that PAD refunds have to be sent via = eTransfer out of the Vancouver account until we can eTransfer in/out of = our JPMC Receivables account? Bridget just asked Tim a question about = this and I think it=E2=80=99s a good nugget to share. =20 From: Laszlo Kovacs >=20 Sent: Monday, June 3, 2024 1:17 PM To: Geraldine Nath >; Timothy Thomas >; Kate Goodrich >; Trent Dillard = >; = Elizabeth Clark >; Alyson = Rohane >; = an.ly@thekey.com =20 Cc: Lyndsey Organ >; Brian Fialko = >; Anotte = Francois = > Subject: Canadian bank accounts / vendor debiting Importance: High =20 Hi All, =20 Wanted to provide an update on this effort. As most of you know we had = some minor fraud back in December which we responded to by turning off = the ability of all vendors form debiting our JPM Bank accounts with the = hope that the bank quickly push out new functionality that would allow = us to use a white-list to determine specific vendors to debit our CAD AP = bank account. JPM has informed us that they are still not close to = go-live with this functionality. As a workaround over the past 6 months = we have been having vendors debit one of our US bank accounts which has = led to challenges with fx, and required manual journaling.=20 =20 Today it was decided that we would begin to utilize the Vancouver Bank = of Montreal bank account for vendors to debit out of where contractually = required. Although not ideal, this will clear up any potential issues = with fx and manual journaling, as well as cease the flow of recurring = suspense items failing out during the Coupa -> NS integration. JPM has = also told us they are working on adding functionality to accept = etransfer payments which will hopefully go live in Q3. So, once the = debit and etransfer functionalities are both live, we will be able to = fully migrate away from this last legacy bank account. Targeting EOY to = close this bank account providing all else goes according to plan.=20 =20 Next steps are for Anotte to setup the BMO bank account into Coupa = (Brian has already sent the necessary bank statements to get this = going). Anotte to confirm back to this group once the bank account is = setup in Coup and Transfermate vendor profile is updated to debit from = this account.=20 =20 Please let me know if any questions or concerns.=20 =20 Thanks,=20 ------=_NextPart_000_0B54_01DAB667.E78B3E40 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable <o:shapedefaults v:ext=3D"edit" spidmax=3D