Understanding Account Information
Written by Ray Aravind
Updated at August 13th, 2025
Table of Contents
Overview
Bank Statement Codes/Meaning(s)
What are the following codes on my BMO bank statement?
What are the following codes on my RBC bank statement?
What does Equipment Rent POS mean?
What does Account Service Package mean?
What does Visa/MC DISC. CALC mean?
How do I find out what these codes mean?
Applicable Taxes
Which fees have applicable taxes?
Overview
With Simplified Pricing, it is now easier to understand the costs associated with credit and debit card payments through clearly outlined components that make up your processing fees (Interchange/Wholesale Discount, Network Assessment and Moneris Transaction fees).
To learn more about Simplified Pricing, click here.
Bank Statement Codes/Meaning(s)
What are the following codes on my BMO bank statement?
| Code | Definition |
|---|---|
| RLS/LOY - POS | Terminal rental fees for current month |
| BPY/FAC - POS | Transaction fees for the previous month |
| RLS/LOY | GST for current month |
| RLS/LOY | MasterCard discount charged for the previous month |
What are the following codes on my RBC bank statement?
| Code | Definition |
|---|---|
| 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 |
What does Equipment Rent POS mean?
- Equipment Rent POS is the rental fees for your POS (Point of sale) equipment.
What does Account Service Package mean?
- Account Service Package is the monthly charge for consolidated banking (funds being directed to the bank account of your choice), Merchant Direct, 24/7 toll-free customer service.
What does Visa/MC DISC. CALC mean?
- Visa/MC DISC. CALC is the merchant discount rate charged for the ability to process credit cards.
How do I find out what these codes mean?
- Sign into Merchant Direct where you can roll your mouse over each part of the statement to find out more.
Applicable Taxes
Which fees have applicable taxes?
As tax regulations change from time to time, Moneris reviews the applicability of taxes on a regular basis and may make changes in order to be compliant with federal and provincial regulations.
| Fee Type | APPICABLE TAXES | ||
|---|---|---|---|
| GST/HST | QST | PST | |
| B2B PAY PROGRAM | Y | Y | N |
| DCC SET-UP FEE | Y | Y | Y |
| TOUCHBISTRO LICENCE | Y | Y | Y |
| PAYD PRO PLUS FEE | Y | Y | Y |
| INTERAC SURCHARGE CAPABILITY | Y | Y | N |
| DEACTIVATION FEE | Y | Y | Y |
| DEVELOPMENT HELP DESK FEE | Y | Y | Y |
| DIAL COMMUNICATION FEE | Y | Y | N |
| GATEWAY - VAULT FEE | Y | Y | N |
| GATEWAY - SETUP FEE | Y | Y | N |
| GATEWAY - CERTIFICATION FEE | Y | Y | N |
| GATEWAY - INTERAC PARTIAL DISPENSE FEE | Y | Y | N |
| GIFT CARD PROGRAM FEE | Y | Y | Y |
| INTERAC ONLINE REGISTRATION FEE | Y | Y | Y |
| INTERNET FEE / MONERIS GATEWAY ACCESS FEE | Y | Y | N |
| IVR FEE | Y | Y | Y |
| LOYALTY CARD PROGRAM - CARD FEE | Y | Y | Y |
| LOYALTY CARD PROGRAM - TRANSACTION FEE | Y | Y | N |
| MANUAL IMPRINTER - MANUAL AND PORTABLE PLATE FEE | Y | Y | Y |
| MISCELLANEOUS - MERCHANT ADVANCE FEE | Y | Y | Y |
| MISCELLANEOUS - RUSH FEE | Y | Y | Y |
| MISCELLANEOUS - SPECIAL EVENT FEE | Y | Y | N |
| MONTHLY STATEMENT RE-PRINT FEE | Y | Y | Y |
| MORRIS FEE | Y | Y | N |
| MORRIS TRAINING FEE | Y | Y | N |
| NEW MERCHANT SIGN-UP FEE | Y | Y | N |
| PAYD PRO FEE | Y | Y | N |
| PCI FEE | Y | Y | N |
| POSPAD FEE | Y | Y | Y |
| PAPER STATEMENT FEE | Y | Y | Y |
| SET UP - ON-SITE INSTALLATION FEE | Y | Y | N |
| SET UP - RE-SCHEDULE FEE | Y | Y | Y |
| TERMINAL - EXPEDITE FEE | Y | Y | Y |
| TERMINAL - LOST OR STOLEN DEVICE FEE | Y | Y | Y |
| TERMINAL - PRINTER UPGRADE FEE | Y | Y | Y |
| TERMINAL - RENTAL FEE | Y | Y | Y |
| TERMINAL - STATIONERY FEE | Y | Y | Y |
| TERMINAL - STATIONERY FEE | Y | Y | Y |