In our setup, the originator code is a 10 digit ID. This ID was provided to us by our bank, or our bank's clearing house, as part of the setup of our payroll EFT facility. The  last two digits of this ID are "80". I think this is the baud or bit of the eft file (not sure). When we set up our EFT, there was another selection for the baud but I think it was a three digit number and I cannot remember what it was. I cannot see any other two digit number in our setup. The bank is three digits, the branch is five and the account is either seven or twelve (if I remember correctly). Hope this helps.

Hi Susanna,

When reviewing the Standard 005 format (https://www.payments.ca/sites/default/files/standard-005.pdf) it looks like the 10 digit "Originating Direct Clearer" is an optional entry. The Original Direct Clearer appears to be the combination of the Institution ID, Branch routing number, and Direct Clearer Code.

It could be that your bank doesn't require this. I would double check with them, if they do require it they should be able to provide the ID numbers.

Thanks for your help but as I stated, the Originator Direct Clearer Code is only a 1 or digit code.  So not sure why you are telling me about 10 digit codes.  It will only take 1 or 2.

Is there a online tutorial for setting up direct deposits?  I have read everything over and over but cannot get the information accepted by the bank.  They are working closely with me but I would like to be able to review via a tutorial if I have all the steps correct.

I am in Canada so not sure how different the set up is versus American for direct deposit.

It is the 7 digit "Settlement Account #" that our CIBC bank wants inputed into the direct deposit set up.  This is a 7 digit account # and I see no space for this account in the set up.  I am looking at the Direct Deposit Options screen.  Nobody at Sage can help me and nobody at the bank can help.  The bank says that this information is missing in lines 1264 to 1276 of the EFT file.