With RCBC’s Cash Management solutions, we ensure your company's financial stability and solvency. Your company won’t have to worry about collecting receivables, having cash on hand to capitalize on any business or investment opportunities or making sure that employees are paid on time so your can focus on what matters: the growth and success of your organization.
RCBC helps streamline and automate your company’s payroll distribution system, providing a secure, timely and convenient way to release salaries making sure that employees are well taken care of and rewarded.
Employee Payments Service
Employee Payments Service Employees' salary distribution is more convinient with the Employee Payments Service. The Employee Payments Service is RCBC's payroll facility that allows clients to conveniently send payroll instructions to credit the RCBC accounts of their employees. The company simply uploads the payroll file through RCBC Online Corporate (ROC) or saves the payroll file via storage device then sends to the RCBC Branch one hour after successful transmission of the file to RCBC, employee accounts will be credited for the net amount of the salary.
1. Payroll file save in a storage device
The payroll file saved in a storage device is forwarded to the RCBC Branch for processing. Employees' account are credited on the same day that the payroll file is received by RCBC
2. Payroll file uploaded in the Enterprise Banking
A corporate client enrolled in the RCBC Online Corporate (ROC) may have the access to upload the payroll. Once the payroll files has been uploaded and has undergone the necessary approval, the employees' accounts are credited an hour after.