Grow your grants.
Not your risk.
WellPay confirms a charity's bank account belongs to it before you send. The money moves bank to bank, on your own regulated EFT rail. No banking data for you to maintain, and no funds for us to touch.
Account ownership verified through Instant Bank Verification. No percentage fees taken. Ever.
Your current process is not just slow. It leaves you exposed.
The Old Way
- Void cheques sent by email: easy to forge, and they never prove ownership
- No way to confirm the account belongs to the registered charity. Anyone with a CRA number and a convincing void cheque could redirect funds.
- Charities change banks and forget to tell you, so disbursements bounce
- You maintain thousands of charity banking records by hand
- Charities re-enter the same details for every DAF they work with
- Someone builds a payment file by hand for every batch
WellPay
- Banking details are confirmed through Instant Bank Verification and matched to the charity's CRA-registered name. Ownership is proven, not collected.
- Ownership is verified, not assumed from a piece of paper
- Every grantor sees the same verified data, so nothing is duplicated
- Automated prompts keep banking details current
- We generate the payment file. You approve and securely send via our sync.
- Funds move bank to bank, on your own regulated EFT rail. We never touch the money, and your team never has to store the data.
Secure Banking Info for Every Canadian Charity.
Verified on two layers
A void cheque only proves someone has a chequebook (or has produced a cheque image). A micro-deposit only proves the account is real. WellPay proves the two things that matter: that the account belongs to the charity, and that the charity is still in good standing with the CRA.
Charity & account verification
Banking details are confirmed through Instant Bank Verification and matched to the charity's CRA-registered name. The account ties to the registered charity, not just to a real account somewhere.
Bank account validation
The account is validated through Instant Bank Verification as a live, usable account, not just a number on a void cheque.
Kept current, not assumed
Verification is not a one-time onboarding step. Ownership is re-verified whenever a charity updates its banking details, and CRA standing is synced monthly. WellPay catches what onboarding-only verification misses.
From approved grant to charity deposit in four steps
Create Your Batch
Fund holders can request disbursements, or you enter them directly. Charity data populates automatically. No manual lookup required.
Connect & Verify
Link your foundation's bank account once. Charity accounts are confirmed through Instant Bank Verification and matched to CRA records. Review totals and approve.
Approve & Send
We generate the board authorization letters and the payment file, then deliver it securely to your bank through our sync. Your bank moves the funds on the regulated EFT rail. Track every disbursement in real time, from queue to complete.
Charities Get Paid
EFT processed by your bank. Charities notified. Complete audit trail. We never touch the money or take a cut.
Everything you need to disburse with confidence
Centralized Banking Data
Secure & Compliant
No Percentage Fees
Direct Bank Integration
Flexible Integrations
Authorization Levels Built In
Account Ownership Verification
Per-Grant Donor Disclosure
Built to the standard your auditor expects
Building the Canadian Charity Disbursement Network
We're building a network where every charity and every DAF that joins makes it stronger. Verified banking data, entered once. No percentage transaction fees, ever. Free for charities to join, easy for DAFs to access.
We're forming a council of charity and DAF leaders to shape how this works. If you want a seat at that table, get in touch.
Why void cheques aren't good enough
A void cheque proves someone has a chequebook (or has produced a cheque image). It does not prove the account belongs to a registered Canadian charity. In an era where a convincing void cheque takes seconds to generate with AI, every DAF administrator carries the fiduciary risk of sending grants to an account no one has actually verified. A sign-off approves the amount and the charity name. It does not confirm the bank account behind them.
WellPay removes that risk. Banking details are confirmed through Instant Bank Verification and matched to the charity's CRA-registered name, so ownership is proven, not claimed. And no one on your team is left holding banking data they should never have had to store.
One charity update benefits every grantor
Today, every DAF maintains their own charity banking database. Charities fill out the same forms for dozens of funders. When they change banks, most funders never find out until a payment bounces.
WellPay flips this. A charity verifies once, into a secure, centralized system. When they update, every grantor using WellFunded sees it immediately. And because every account is confirmed through Instant Bank Verification and matched to CRA records, you can trust the details belong to the charity they claim to represent. Verify a charity once, and every funder on the network benefits.
We're building the source of truth for Canadian charity banking data.
“If I could wave a magic wand, creating an EFT bank for DAFs to tap into is probably top of my list.”
DAF Administrator, Canadian donor advised fund
Stop chasing. Start disbursing with proof.
A group of Canadian DAFs are building shared, verified payment infrastructure for the sector, as founding partners. If reducing your liability, improving your security, and increasing the efficiency of your disbursements are a priority, let's talk.