Moneris | Merchant Account Statements

What is the Account Service Package?

The fields "Single Stream Settlement" and/or "Flex Banking" fields that used to appear on your statement have been changed to Account Service Package. There is no change in price or functionality. This also includes Merchant Direct Online Statements & Reports.

RBC Royal Bank and BMO Bank of Montreal statements

What are the following codes on my bank statement?

On RBC Royal Bank statements

VISA Disc. Calc	Merchant Discount Fee
Pre Auth Payment	This is the bundling together of merchant's fees including POS, transaction or equipment rental
VISA Reason Code xx	Any type of financial adjustment
Vi or MC plus merchant number	Deposit into merchant account

On BMO Bank of Montreal Statements

RLS/LOY - POS	Terminal rental fees for current month
BPY/FAC - POS	Transaction fees for the previous month
RLS/LOY	GST for current month
MSP/DIV	MasterCard discount charged for the previous month

Statement Codes

What do these codes mean?

On your statements you will see a variety of codes. Please check the Merchant Direct Section where you can roll your mouse over each part of the statement to find out more.

The following are asked frequently:

Equipment Rent POS - the rental fees for your POS equipment
Visa/MC DISC. CALC - the merchant discount rate charged for the abi

Moneris statements

RBC Royal Bank and BMO Bank of Montreal statements

Statement Codes