Ontario Power Generation

Payments

Ontario Power Generation (OPG) processes payments to suppliers via the following payment methods: Electronic Funds Transfer (EFT), wire payments, and cheques. For US suppliers OPG offers Automated Clearing House (ACH) electronic fund transfers as well.

Electronic Funds Transfer
Electronic Funds Transfer is our preferred payment method due to the benefits it provides to both the supplier and OPG. EFT is available to all Canadian based suppliers with a Canadian bank account. ACH is available to all US based suppliers with a US bank account.

The benefits of Electronic Funds Transfer (EFT/ACH) to the supplier are:

• Electronic Funds Transfer is both an effective and convenient method for receiving payments;
• There is no waiting period for, or risk of lost or stolen cheques; No more "the cheque is in the mail"
• Electronic Funds Transfer payments are deposited directly into your bank account, and often on the same day, eliminating trips to the bank to deposit cheques,
• Remittance details are provided to you electronically (email or EDI) or by fax, and
• Like cheques, payments are fully traceable.

The benefits to OPG are:

• Electronic Funds Transfer eliminates paper generated cheques related to payments
• Electronic Funds Transfer eliminates the time and cost of mailing these payments.

Electronic Remittance Details
OPG issues electronic remittances for all EFT and ACH payments providing payment details to the supplier via their choice of fax or email. For our EDI suppliers, we can also issue this remittance detail through our bank as an EDI 820 message.

Accounts Payable EFT Registration/Change/Cancel
To start taking advantage of the many benefits of Electronic Funds Transfer if you are a Canadian supplier please complete, sign and return the following EFT registration form. If you are a US supplier please complete, sign and return the following ACH registration form. An ORIGINAL cheque marked void OR a letter signed by an official from the vendor's bank confirming the vendor's bank account information is correct must be included with your registration form. OPG does not accept cheque images in a PDF file.

Wire Payments
Wire payments are used for large international payments only.

Cheques
Cheques are generated for suppliers who have not registered for EFT/ACH or are a foreign supplier (non-US and Canadian). To inquire regarding payment status, please visit our Invoice Query section.

The Accounts Payable Help Desk is available to answer any of your invoicing or payment related questions.

The Accounts Payable Help Desk provides vendors with a single point of contact for all calls concerning payment of vendor invoices.

• Emailing - Help Desk
• Telephoning - 416-592-4005 in the Toronto area or toll free at 1-888-264-3460
• Faxing - 416-592-2388