TORONTO , Feb. 11, 2020 /CNW/ – There are many tasks involved in running a smooth business operation. Among them is the efficient and cost-effective management of accounts receivables which is critical to maintaining a healthy cash flow. For many Canadian businesses, the manual task of notifying and reminding hundreds or thousands of customers to fulfill outstanding payments via mail, personalized emails and phone calls can be a massively time-consuming and costly ordeal. To streamline and automate the process, RBC is the first bank in Canada to offer the Interac e-Transfer: Bulk Request Money feature to its business banking clients.

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