In this article, let's understand how to pay employees and vendors on your RBC business account. The existing support articles on the RBC website on how to pay employees and vendors can be unclear and lack a sense of direction. Let us aim to fill that gap and provide clear, concise instructions for managing payments on your RBC business account.
Access the Payment Service:
Stage 1: Payment Options:
Stage 2: Assigning Details:
Stage 3: Payment Confirmation:
Yes, RBC has the option to select multiple bills from the same employer, with a maximum of 10 payments at a time.
Don't be surprised if you find yourself navigating different pages on your RBC business account and feeling like the interfaces are mismatched. The outdated interface is partially covered by fancier portals, but it ultimately conveys the message that RBC does not prioritize user experience or interface design.
Banks are still stuck in the 1980s, offering outdated software and poor tech solutions. Despite constant advancements in technology, banks refuse to improve and overcharge for their subpar product offerings.
Adding beneficiaries in Finofo is straightforward, and once added, there is no waiting time—bills can be processed immediately. The beneficiary addition includes an approval process for different Finofo users, adding a layer of security for accounting teams.
The list of added beneficiaries can be edited and updated, allowing for efficient processing of payments as needed.
Open your free Finofo account today!