Pay Employees and Streamline Your Payroll Process

Explore Employee Payroll Solutions

There’s more than one way to pay your team and ensure they get compensated for their hard work. Avoid late payments and other paycheque snafus with payroll solutions that make the process easier.

Pay Employees via Email and Text Message

Make electronic payments to employees anywhere in Canada with Interac e-Transfer^{legal disclaimer ‡}. Funds are typically sent within an hour and are available once your employee accepts them.

Ideal for:

Paying employees whose banking information you don’t have
Making one-off, several or bulk payments
Getting real-time confirmation that your funds have been delivered

Interac e-Transfers are available through:

Standard Online Banking (for single Interac e-Transfers)

Pay Employees with Direct Deposit

Drop payments directly into your employees’ accounts with direct deposits. Save time by only having to set up payments once for recurring deposits.

Ideal for:

Making multiple recurring payroll payments
Paying employees in Canadian, USD or 25+ other currencies

Direct deposit is available through:

Automate Your Payroll with ADP^{legal disclaimer ‡}

Pay your employees quickly and directly with Automated Payroll by ADP. It’s a fast, simple and professional payroll service that automatically submits payroll taxes, saving you (and your staff) time.

Ideal for:

Paying multiple employees on a regular basis
Remitting taxes on behalf of your employees
Running payroll right from your computer

Learn more(about ADP offer)

Send Multiple Payments from a Single File

Payables Direct is an effective way for large business clients, who are already users of EDI^{legal disclaimer 1} or ISO20022^{legal disclaimer 2} XML, to electronically submit multiple payment instructions to RBC in a single file or transmission. These payments can be for ACH^{legal disclaimer 3} Direct Deposits, ACH Direct Payments, Wire payments, FEDI^{legal disclaimer 4}, Cheque Issuance with/without Payee Match. With this service clients are able to efficiently submit payments 24/7 allowing for improved cash flow management and forecasting.

Integrated Payables Direct (IPD) is a new version of RBC's Payables Direct service. Like the legacy Payables Direct service, IPD allows large business clients to provide multiple payment types in a single industry-standard ISO 20022^{legal disclaimer 1} XML file and send fax and email remittances to the payment receiver (enhanced).

IPD also supports ACH^{legal disclaimer 2} Direct Deposits for domestic payroll and vendor payments, ACH Direct Payments for domestic collections, Wire Payments, Business Document Solutions for Cheque Issuance, Payee Match and RBC International Pay for international and cross-border ACH.

With this new service, clients are able to efficiently submit payments 24/7 Host-to-Host through Network Gateway or SWIFT FileAct, or online using RBC's new Bulk File Transfer service. IPD also provides clients with the ability to approve submitted files using the Bulk File Transfer service and RBC will keep clients up to date with the latest payment status.

Ideal for large companies that:

Send multiple payments each day.
Wish to automate their payment processes with one ISO 20022 pain.001^{legal disclaimer 3} or pain.008 XML file for all their payment needs, providing a more efficient payment process.
Need an industry standard solution with cross border capabilities.

Contact your RBC Account Manager(opens modal window) to learn more