Payment and Cash Management Solutions

Yes, you would need to be an RBC business client to access our payment and cash management solutions. Open a business account today to become a client.

You can access our accounts payable automation tool, RBC PayEdge, without being an RBC client (any Canadian business can sign up to use it). Learn more about how RBC PayEdge works.

RBC PayEdge is an innovative accounts payable platform that automates payments to suppliers by integrating with your accounting system.

RBC PayEdge reduces manual tasks, seamlessly connects to leading accounting and ERP platforms, and optimizes the reconciliation and approvals processes.

Ready to automate payments to your suppliers?

Enjoy effortless payments with RBC PayEdge.

Accounts receivable is money owed to a business by clients or customers for products or services that have been provided and invoiced.

RBC’s accounts receivable solutions can help you simplify your collections process and maximize cash flow by making it easier for customers and others to pay you. Plus, reduce or eliminate trips to the bank with a wide range of electronic payment solutions and quickly access funds by having payments automatically deposited to your RBC business account.

Learn more about receiving payments.

The first step to becoming an RBC business client is to open a business account with us. We offer a wide range of business accounts to help you easily manage your day-to-day banking.

Accounts payable is money a business owes to its suppliers or vendors for goods and services it has purchased. These funds are typically due in the short-term. Money owed to employees is not considered part of accounts payable.

RBC’s accounts payable and payroll solutions can help you save time and money, benefit from better tracking and security, and know your cash position at any given time, so that you can make more informed, on-the-spot decisions.

Learn more about making payments.

An Automated Clearing House (ACH) payment—also known as an electronic funds transfer (EFT)—is used to send Canadian or U.S. dollar electronic payments to Canadian banks and/or electronic U.S. dollar payments to U.S. banks requiring a currency conversion.

Learn more about making payments or accepting payments