Business Accounts Payable Services

Streamline processes, expenses and transactions

ACH Payments

Deposit funds to employee and customer accounts safe and conveniently.

  • Accommodate one-time and recurring deposits for several needs
  • Eliminate costs of generating checks, mail and postage
  • Allow customers to deposit funds into their accounts with immediate access to funds
Learn more about ACH payments

Automated Payables

Take control over cash flow by automating your account payables invoice and payment processing.

  • Capture invoice information automatically
  • Customize invoice and payment workflows
  • Route, approve and process payments faster
Learn more about automated payables

Controlled Disbursement

Accurately forecast your daily cash requirements.

  • Get exact dollar amounts of checks that will post
  • Avoid possibility of overdrafts
  • Fund your account from several sources
Learn more about controlled disbursement

Purchasing Card

Simplify business purchases, reduce paperwork and monitor expenses with the Royal First Bank Visa® Purchasing Card.

  • Set your spending controls
  • Reduce administrative costs
  • Analyze spending with online reporting tools
Learn more about our VISA purchasing card

Wire Transfers

Move funds fast—domestically or internationally.

  • Same-day business funds available for domestic wires
  • Same-day business verification
  • Multiple initiation options
Learn more about wire transfers
Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Send and transfer money using ACH and wires

Receive account and security alerts

Learn more about business digital banking
Business Digital Banking

Manage your business on the go

Manage your accounts from anywhere

Business Digital Banking

Manage your business on the go

Send and transfer money using ACH and wires

Business Digital Banking

Manage your business on the go

Receive account and security alerts

Learn more about business digital banking
Purchasing Card

Control business expenses

Simplify business purchases, reduce paperwork and monitor expenses with the Royal First Bank Visa Purchasing Card.
Learn more about purchasing cards
Business Rewards Visa

Earn more from your business

Make business purchases count with bonus points.
Learn more about Royal First Bank Business Rewards Visa Card
FAQ

People often ask us

An ACH payment is a type of electronic credit or debit payment initiated through the Automated Clearing House Network. The payment can be initiated between two banks or between two bank accounts that are held by the same bank.

Various types of payment methods are offered through Digital Banking for business. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

If you're assigned the Manage Template and Recipient rights, you can edit or delete a recipient template. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

After a payment has processed and cleared, you can't make changes to that transaction. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payments and ACH templates videos on our Video Tutorials page.

An ACH number is similar to an ABA routing number. The difference is that an ACH number is used for electronic transactions.

Accounts Payable Insights

Streamline your business

Normal bank approval applies.

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