Make all your supplier payments with as much associated remittance information as required.

Royline Trade Payments with Remittance Advice:

• Reduces administration of payments as time consuming tasks such as issuing cheques, preparation of paper remittance advices and mail handling are eliminated
• Improves your cashflow administration
• Secure and easy to use
• Integrates easily with most purchase ledger systems so payment data only needs to be keyed once
• Specialists will provide advice on the best payment solution from the range of services available.

Enables you to:

• Make domestic payments directly to your supplier accounts held with any UK bank or building society
• Plan payments up to one year in advance
• Prepare your payments in your purchase ledger and import the details into Royline or set up a customised library of beneficiaries in Royline and enter the amounts when your payments are due.
• Once prepared, simply authorise your payments before transmission to The Royal Bank.
• The bank will distribute your payments and remittance advice notes on the payment date, once your payment data has been received.
• Full remittance information is sent electronically to any of your suppliers who use Royline. Information can be mailed or faxed to those who do not.
• Receive remittance advices including full information such as payee details, invoice amount and reference.