Simplify the Way You Pay Vendors and Suppliers
Keep your business running smoothly with solutions that make paying vendors, suppliers and others easier. Whether they’re located in Canada, the U.S. or around the world, check out ways to simplify and strengthen the process.
Automate Payments with RBC PayEdge
Make effortless payments every time with RBC PayEdge, an innovative accounts payable platform that integrates with your accounting system to pay invoices and reconcile payment information automatically.
Ideal for:
- Canadian businesses of any size, even if you’re not an RBC business client
- Accessing funding from any combination of your Canadian bank accounts and most credit cards, and pay as many invoices as needed in a single payment
- Making payments in Canada or globally
- Gathering and storing important supplier information
Explore RBC PayEdge
Pay Invoices via Email and Text Message
Make electronic payments to payees anywhere in Canada with Interac e-Transferlegal disclaimer ‡. Funds are typically sent within an hour and are available once your vendor or supplier accepts them.
Ideal for:
- Making payments when you don’t have your payee’s banking information
- Making one-off, several or bulk payments
- Getting real-time confirmation that your funds have been delivered
Interac e-Transfers are available through:
Make Direct Deposits
Drop payments directly into your payees’ accounts with direct deposits. Save time by only having to set up payments once for recurring deposits.
Ideal for:
- Paying vendors or suppliers who have bank account information on file
- Making payments in U.S. and Canadian currencies
Direct deposit is available through:
Pay Vendors by Wire in Over 30 Countries
Benefit from a fast and secure way to pay domestic and international vendors and payees in a foreign currency.
Watch the Video for Wires in Standard Banking(opens modal window)
Ideal for:
- Making international payments
- Large domestic purchases, such as real estate or product shipments
- Meeting urgent payment requirements
Wire payments are available through:
Pay Your Bills Online
Send electronic payments to any of the thousands of payees in our system. Pay your bills on time while maximizing your cash flow and stop spending time processing and sending cheques in the mail.
Ideal for:
- Paying established suppliers through the payees available online
- Handling multiple bills at once—pay up to 100 at a time
Online bill payments are available through:
Use a Business Credit Card
Improve your cash flow and cut down on paperwork at tax-time with a business credit card. Plus, earn Avion points or cash back on your business expenses to use for travel and more.
Ideal for:
- Separating your personal and business expenses
- Building a credit history in your company’s name
Explore business credit cards
Send and Receive Multiple Payments from a Single File
A/P Link is a customized file transfer solution that automatically converts your native file formats into a single integrated payables file. Plus, you’ll get notifications and reports all in one place in a standard format.
Ideal for:
- Large companies that send and receive multiple payments each day
- Reconciling your payments directly from your current system
- Securely storing vendor payment information
Contact your RBC Account Manager(opens modal window) to learn more
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