How Do I Fund My Account via Bill Payment?

For PC Version

1. Log in to your VirgoCX Account, click “Fund” on the top navigation. 

2. Choose “Canadian Dollar” -> “Deposit” -> “Bill Payment”.  

3. Sign in to your financial institution’s online banking platform and navigate to the “Bill Payments”/ “Pay Bills” Section. Go to “Manage Payees”, click “Add Payee” and Search APAYLO FINANCE TECHNOLOGY, select this exact payee from the list of results.  

4. Enter the Account Number shown above and save the Payee information. 

5. When sending funds, enter the amount, and select the account from which you want to pay, followed by the date of the transaction and the payment frequency. 

6. Bill Payment is usually processed within 0-1 business day. Once we receive it, you will receive a confirmation via email, and we will let you know when your deposit has been processed. 

For App Version

1. Log in to your VirgoCX Account, click “Funds” at the bottom of the navigation. Choose “Canadian Dollar” -> “Deposit” -> “Bill Payment”.  

3. Sign in to your financial institution’s online banking platform and navigate to the “Bill Payments”/ “Pay Bills” Section. Go to “Manage Payees”, click “Add Payee” and Search APAYLO FINANCE TECHNOLOGY, select this exact payee from the list of results.  

4. Enter the Account Number shown above and save the Payee information. 

5. When sending funds, enter the amount, and select the account from which you want to pay, followed by the date of the transaction and the payment frequency. 

6. Bill Payment is usually processed within 0-1 business day. Once we receive it, you will receive a confirmation via email, and we will let you know when your deposit has been processed. 

Important Notes: 

• Only Canadian Dollar can be funded via Bill Payment. 
• APAYLO currently does not support RBC. CIBC, Simplii (CIBC subsidary), TD, Desjardins and some smaller Credit Unions. 
• Funds deposited through Bill Payment can be accessed for trading only after the funds have been processed. We will reject the deposit if the name of the owner of the bank account from which you submit the transaction does not match the legal name you have provided for your VirgoCX Inc. account. We will also reject the deposit if the Account Number is missing or incorrect. Additionally, please ensure that your name and address is up-to-date within your profile. Please contact [e-mail] if you have any questions.   

Please refer to the information below on how to use Bill Payment for different financial institutions:  

• BMO
• Scotiabank 
• HSBC