The ability to send Notice to Secured Party reports via email is now available
In order to provide a more efficient and effective service, ACOL PPRS has been updated to accept the entry of an optional email address for secured parties and to provide the option to receive Notice to Secured Party reports via email. This provides three methods of receiving the Notice to Secured Party reports:
- Using Email - If a secured party listed in the registration has chosen to have Notice to Secured Party reports sent to an email address, the Notice to Secured Party will be sent to the email address provided.
- To the Secured Party Number Administrator - If a secured party listed in the registration was entered via the use of a secured party number or the ‘Same as Registrant’ facility, the Notice to Secured Party will be available to the secured party number administrator through the ‘Retrieve Reports’ function of the application. For more information regarding the benefits of using Secured Party Numbers, please see the bulletin "Benefits of Using Secured Party Numbers".
- Surface Mail - If a secured party listed in the registration was entered manually, and email delivery was not chosen, the Notice to Secured Party will be sent by surface mail to the name and address listed in the registration.
It is important to note, that while the email address is entered for the secured party, and is visible to registrants, the email address will not be included in search result reports or on the Notice to Secured Party report itself.
Start using this new feature so that you can create your new registrations and update your existing registrations to use the email delivery option.