Pay Invoices and Bills from Vendors

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-Transfer^{legal 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:

Standard Online Banking

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:

RBC International Pay – Launching in 2025COMING SOON

Make Payments Around the World with RBC International Pay

A new streamlined cross-border and international payment alternative to wires that allows you to send funds to beneficiaries in over 30 currencies and over 100 countries worldwide.
A digital-first capability that enables cross-border and international payments from a single operating account and in a single remitter file for mixed payment types, currencies, and countries.
The service enables you to make one-time or routine payments for international payroll, pension payments, paying global suppliers or sending funds to any beneficiary worldwide.

Ideal for:

Initiating cross-border and international payments from CAD or USD accounts
Making routine payments to global beneficiaries such as international suppliers, global payroll, pension payments, etc.
Bulk Payment submissions

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 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