RBC

Bank: Royal Bank of Canada (RBC)

Website: https://www.rbcroyalbank.com/personal.html

Last Updated: April 5, 2021

Special Offers

Currently RBC is offering free Apple Air pods (earbuds)  if you open a new bank account and set up before May 31, 2021:

  • A payroll direct deposit
  • Two pre-authorized monthly payments (PAPs)
  • Two bill payments to a service provider

https://www.rbcroyalbank.com/dms/pba/open-an-account/offer-n-or.html

How to open a bank account

To open a new RBC bank account you will require the following documentation:

  • Two forms of valid ID such as Passport, Driver’s License or Voters Registration Card
  • Proof of residential address (e.g. utility bill)

You can start the process online by visiting RBC’s website:

https://www.rbcroyalbank.com/accounts/

Here is a link to their Branch Locator to find the closest physical branch.

https://maps.rbcroyalbank.com/

Services Offered

  • Face recognition integration for login
  • Interace-Transfer® Deposits through mobile banking app
  • Cheque deposits through mobile app

Service Charges

RBC has multiple accounts with different fees depending on the account and your needs:

 

Account Features

RBC Day to Day Banking

RBC No Limit Banking

RBC Signature No Limit Banking

RBC VIP Banking

Monthly Fee

$4.00

$10.95

$15.95

$30.00

Included Debit Transactions per Month

12

Unlimited

Unlimited

Unlimited

Excess Debit Transaction Fee

$1.25 each

n/a

n/a

n/a

Interac Access Fee / ATM fees

$2.00 each

$2.00 each

3 free per month, $2.00 each after

Free

Interac e-Transfer Transaction

Free

Free

Free

Free

Drafts

$8.50

$8.50

6 free per year, $8.50 after

12 free per year, $8.50 after

Self-Serve Stop Payment

$12.50 each

$12.50 each

$12.50 each

Free

Assisted Stop Payment

$25.00 each

$25.00 each

$25.00 each

Free

Personalized Cheques

Fees apply

Fees apply

Free

Free

 

 

https://www.rbcroyalbank.com/accounts/compare-chequing-accounts.html

 

How to get a PAP form 

Desktop Online:

Log into your bank account and select the account which you want to obtain the void-cheque or pre authorized debit form from.

Once you are in the account screen, look to the right-hand side at the list of options, the “View and Print Void Cheque” and the “View and Print a Payroll Direct Deposit Form” will be near the lower end of the list.