Royal Bank of Canada

Light pays out of your Royal Bank of Canada accounts and reads the statements back. Payment files leave Light in the format Royal Bank of Canada expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

The format behind this entry is maintained and updated as Royal Bank of Canada changes it, so a format change is never your project.

1. 01Pay suppliers, staff and tax from Royal Bank of Canada in Canada.
2. 02Domestic account to account, Int. Payment — 2 payment types in all.
3. 03Connects over Encrypted file exchange (PGP).
4. 04Every payment carries its ledger reference, so the statement reconciles itself.