How Can Our Collections Solutions Improve Your Business?

  • Reduce costs

  • Accelerate your cash intake

  • Shift your employees to higher value activities

Become a Payee Within Your Clients’ Online Banking

Get enrolled as a payee at RBC and other Financial Institutions, through the RBC Corporate Creditor Payment Service, so your clients can pay you through their online banking.

  • Your business name will appear on the list of acceptable payees for RBC and other Financial Institutions
  • Allows others to pay you through any Online Banking or ATM platform
  • Payments are directly deposited into your operating account
Best For:
  • Companies receiving recurring payments from a large number of customers
  • Those requiring remittance information and funds
  • Businesses with clients that bank at multiple locations
Ready to Become a Payee? Use RBCs Corporate Creditor Payment Service. Here’s How:

Contact your RBC Account Manager to learn more about Corporate Creditor Bill Payment Service.

Electronic Cheque Deposit Service

Deposit multiple cheques into your CAD or USD business accounts using Cheque-Pro® electronic cheque deposit service.

  • Deposit multiple cheques electronically from your office location(s)
  • Receive same-day credit for deposits made before 10pm ET
  • Submit unlimited deposits with up to 250 items per deposit
  • Receive payment information online, as well as digital images of your cheques
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Best For:
  • Companies depositing over 25 cheques per month
  • Those receiving customer payments in Canadian and U.S. funds by cheque
  • Businesses with locations depositing cheques across Canada
Ready to Use Electronic Cheque Deposits? Here’s How:

Contact your RBC Account Manager to learn more about Cheque-Pro.

Payment Solutions by Moneris

Accept payments from Visa, Mastercard, Discover, American Express1, UnionPay, JCB1 and Interac Debit.

  • Accept payments from the payment option of your customers’ choosing
  • Tap, Flash and Apple Pay2 eChannel solutions make customer payments even faster
  • Wireless payment terminals and customizable gratuity options available
Best For:
  • Businesses that want to accept debit and credit card payments from customers
  • Those looking to accept debit and credit card payments from their website Businesses needing mobile payment terminals
  • Businesses needing mobile payment terminals
Ready to Explore Our Moneris Payment Solutions? Here’s How:
Get Started

Pre-Authorized Debit (ACH)

Automatically collect recurring, fixed or variable receivables from your customers electronically.

  • Accept receivables from Canadian and U.S. customers
  • Those looking to immediately identify insufficient fund payments
  • Don’t miss returned payments
Best For:
  • Companies with existing relationships with customers and payees (i.e. service fees, subscription fees, condo fees)
  • Immediately identifying insufficient fund payments
Ready to Use Pre-Authorized Debits? Here’s How:

Contact your RBC Account Manager to learn more about Pre-Authorized Debit

Receiving & Processing a High Volume of Paper Cheques

A PO Box system that amalgamates, collects, opens, processes and provides same-day access to payments and invoices.

  • Images all cheques and invoices received and extracts relevant remittance details
  • Deposits cheques with same day credit
  • Provides access via online or file transfer to both cheque and remittance details, with associated images
Best For:
  • Mid-sized to large businesses looking to reduce time processing their high paper cheque/invoice volume
  • Businesses who receive paper payments from long distances
  • Same-day processing of mailed receivables
  • Businesses requiring comprehensive, customized remittance information, online access to digital images and faster valuation of deposits
LockBox Is Available Through:

Our Most Popular Paying and Receiving Solutions

Automated Payroll Solutions

Streamline your employee payroll process with ADP—with automatic tax remittance and deposits.

Payment Solutions

Improve your cash flow with Moneris—one of the largest payment processor's in North America

Pre-authorized Debit

Automatically collect recurring, fixed or variable receivables from your customers electronically.

Ready to Get Started?

Our dedicated specialists will work with you to provide the financial advice and solutions that best suit your business.

Call our 24/7 Business Helpline
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