A smarter, more secure way to manage closing day funds. SureFund automates the disbursement of sale, purchase and mortgage refinance transactions, with little to no manual banking labour.
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Built to close the funds management gap
SureFund is a secure platform that allows real estate legal professionals digitally manage and process closing day funds and disbursements in Ontario. It closes the gap in the funds management component of real estate transactions, a process that has traditionally been manual and prone to delay.
Built with security at its core and backed by Teranet’s decades of trusted experience supporting Ontario’s real estate legal professionals, SureFund helps increase value and convenience for their clients on every deal.
How SureFund Works
Experience the future of closing day funds management all in one automated place.
Enter disbursement details
Input payee and payout details for the transaction.
Sign securely
Authorize with e-signature plus two-factor authentication.
Release funds
Payout instructions are sent to the disbursement account.
Track to dashboard
Follow real-time status with payout reporting.
Platform Features
Secure electronic signing
Authorize disbursements with a secure electronic signature built into the platform.
Real-time payment tracking
A live progress bar moves each disbursement from Pending to Disbursed, so you always know the status of a client’s funds.
Team notifications
Automated alerts keep lawyers and clerks aligned on every deal, cutting down on extra emails and phone calls.
Direct client deposits
Funds are deposited directly into your client’s account, reducing errors and delays from cheques and non-certified funds.
Key Benefits
Faster closings
- Disbursements move from entry to funds released in as little as 10 minutes.
- Real-time tracking eliminates the guesswork of manual payout coordination.
Reduced administrative costs
- Eliminates bank runs, cheque presentation and courier coordination.
- One transfer covers every disbursement type on a file.
Enhanced security and compliance
- Two-factor authentication and secure e-signing reduce fraud risk.
- Full payout reporting supports audit and compliance requirements.
Team collaboration efficiency
- Shared visibility keeps lawyers and clerks aligned without extra calls or emails.
- Automated notifications flag when it’s time for the next action on a file.
Getting Started
Most firms are ready to process their first disbursement within a day of signing up!
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- 1 Login with your existing Teranet account
- 2 Complete your individual profile in Settings
- 3 Add your firm's trust account information
- 4 Set up a wire transfer template for disbursements
What Our Customers Are Saying
Have a Question?
Find step-by-step answers on getting started, managing deals and admin settings.
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SureFund™ Customer Service
SureFund™ System Availability
- Monday-Thursday: 4 a.m. to midnight EST
- Friday: 4 a.m. to 9 p.m. EST
- Saturday: 9 a.m. to 9 p.m. EST
Note: Payments Canada hours are 8 a.m. to 5 p.m. EST, Monday to Friday (excluding holidays) for funds transfer. Submissions to disburse funds can only occur during these hours.
See How SureFund Works
Discover how SureFund can transform a manual, paper-heavy disbursement process into a streamlined one for your practice.
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