You can transfer funds in Canadian dollars (CAD) or U.S. dollars (USD) through the Royal Bank of Canada Payment Distribution Service. Use the RBC Payment Distribution Service (CA)or RBC Pre-Authorized Debits (PADS) Service (CA)export format for the method of payment and select either the CAD or USD currency when you generate payments. This format complies with the Royal Bank of Canada Standard 152 Payment Distribution Service format.

Set up a method of payment for vendor payments

  1. Click > > > .

  2. On the tab, press CTRL+N to create a new line. Enter an appropriate identifier, such as RBC_AP, in the field.

  3. Enter other information as needed for the method of payment.

  4. Click the tab. In the field, select RBC Payment Distribution Service (CA).

    Note Note

    If the field list is empty, click and select from the available formats.

Set up a method of payment for customer payments

  1. Click > > > .

  2. On the tab, press CTRL+N to create a new line. Enter an appropriate identifier, such as RBC_AR, in the field.

  3. Enter other information as needed for the method of payment.

  4. Click the tab. In the field, select RBC Pre-Authorized Debits (PADS) Service (CA).

    Note Note

    If the field list is empty, click and select from the available formats.

See Also