Managing your income and expenses

Growing your farm or business can get complicated. Reaching new heights may involve reaching out for new technology - efficient ways to send and receive payments or accessible tracking and consolidation platforms

Libro offers all the services you need to help maintain control over your income and expenses, plus one more thing – the advice of your Libro Coach. Your Coach will help you understand which services make sense for the operation you run. And they’ll work with you and our third-party partners to ensure a smooth transition to new technology.

Collection Services

Disbursement Services

Libro Commercial Online Banking

Commercial Online Banking is a web-based platform that provides 24/7 access to payment and reporting services, giving Libro’s business Owners more control over how they manage their accounts.

  • Offers a permission-based model which allows the account administrator to give staff various access levels.
  • Provides secure, accurate and real time information on accounts and cash position.

Learn More



Collection Services

This suite of services enables Libro Owners to collect cash to improve efficiency and access to funds. In other words, to bring in the money!


Collection Service Features
Automated Funds Transfer (AFT)/Pre-Authorized Debits (PAD)
  • Convenient and cost-effective way to collect funds from customers and tenants.
  • Allows business Owners to ‘pull’ funds from an account at any financial institution in Canada, with proper agreements in place.

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Bill Payment Processing Service    

  • Collect funds by ATMs, online banking, telephone banking and the branch network from businesses and individuals using any Canadian financial institution.
  • A Corporate Creditor Identification Number is assigned to identify your business.
  • All incoming funds are consolodated and depositied into your Libro account.
  • Helps eliminate the need for manual processing of incoming payments.
Commercial Remote Deposit Capture    
  • Scan and deposit cheques securely from the convenience of your office.
  • USD and CAD cheques accepted.
  • Online reporting available in various formats.
  • Immediate access to your funds.

Fiserv Merchant Services

(Previously First Data)

Whether your customers shop in store, online or on the go, they want convenient experiences that let them shop seamlessly and pay with ease. We offer merchant services and payment solutions needed to help serve your customers better, grow sales and simplify the way you run your business. 

Services offer through out partner Fiserv include:

  • A variety of point-of-sale terminals; all are contactless and accept ApplePay™ and mobile wallets.
  • Mobile Pay Plus; handheld device connects with smart device to accept credit and debit payments.
  • E-commerce & Virtual Terminals; ability to accept payments through business website in CAD and USD.
  • Gift Card Program; prepaid gift cards suited for small and medium businesses.

More information can be found:

Fiserv website

Fiserv Information Sheet

Clover Flex Sales Terminal Information

Incoming Wires 
  • Incoming wires can be accepted in a variety of currencies.
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  • The Autodeposit feature allows you to have money sent via Interac e-Transfer® automatically deposited directly into your bank account, without having to answer a security question. The Autodeposit feature continues to provide the value of Interac e-Transfer, without the need to share financial information.
Interac® Request Money
  • Easily request money you are owed with the Interac e-Transfer Request Money feature. When you send a request for money, the recipient is notified instantly and can accept the request. If accepted, the requested amount will be automatically deposited into your account and you will be notified when funds are available.


Disbursement Services

These services enable Libro Owners to efficiently disburse funds – paying the bills!

Disbursement Service
Automated Funds Transfer (AFT)/Direct Deposit
  • Convenient and cost-effective way to process in-house payroll deposits and/or pay vendors and suppliers.
  • Allows business Owners to ‘push’ funds from a Libro account to any financial institution in Canada, with proper agreements in place.

Learn more

Interac e-Transfers® 
  • Interac e-Transfers allow you the ability to send outgoing payments domestically. Learn more here.
Online Bill and Tax Payments
  • Fast, efficient payment to a variety of vendors and utilities online.
  • Ability to make government tax payments and remittances.
Payroll (ADP)

Special Offer from ADP!
Receive two months of free HR services and payroll (including free implementation).
Learn more about this special offer here.
Offer valid from September 30, 2020 – January 31, 2021

  • Payroll, HR & Time and attendance offered through Libro's partner, ADP.
  • Pay employees directly & stay compliant with payroll legislation.
  • Offer electronic pay stubs, T4's and ROE's for employees.

More information on ADP Payroll services can be found here and on ADP's website.

  • Outgoing wires can be sent in a variety of currencies.