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. CalcMerchant 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 ability to process credit cards Account Service Package - the monthly charge for consolidated banking (funds being directed to the bank account of your choice), Merchant Direct, 24/7 toll-free customer service.