Electronic payroll is one of the most popular categories of Instant Payment Credits. The electronic payroll client is the employer (an RBC Business client), who will send us a payroll file to credit salaries, emoluments, bonuses and other benefit payments, directly to their employees’ accounts. The good news is that it doesn’t matter if your employee banks with RBC or other local banks.
With our Instant Payment - Credit Service, you can manage your business banking anytime, anywhere.