Get your business bank account number online in less than 15 minutes, start by
Get a business bank account number online in less than 15 minutes.Legal Disclaimer 1
Apply Online For:
- RBC Digital Choice Business Account Package
- RBC Flex Choice Business Account Package
Get Tools, Features and Savings to Help You Start & Grow Your Business
Request Money Through the RBC MobileLegal Disclaimer 2 app
Instantly send payment requests to your clients by using Interac e-TransferLegal disclaimer (double dagger)‡. Request up to $10,000 from each client/day.
No Minimum Balance Requirement
Take advantage of time- and money-saving features with no minimum balance required in your RBC business bank account.
Unlimited MonerisLegal disclaimer (double dagger)‡ Deposits
Accept payments however your customers want to pay you - there's no limit on credit and debit card transaction
Become an RBC Business Client
Apply online for an RBC business bank account, and in less than 15minutes1 you can get your business bank account number.
You may need to stop by a branch to quickly verify your identity and activate your account.
Useful Tip! Once you’ve opened your business bank account, download the RBC MobileLegal Disclaimer 2 app to take advantage of the features that can help you manage your business.
Choose an account to become an RBC Business client:
Most Popular
RBC Digital Choice Business Account Package
Best For: Digital Banking
Save time and money if you do most of your banking online.
$6.00 / month3
Sign Me Up
Features
- Unlimited electronic debit and credit transactions4
- Unlimited electronic cheque deposits5
- 10 free outgoing Interac e-Transfer transactions6
- Unlimited MonerisLegal disclaimer (double dagger)‡ deposits
- No minimum balance requirement
RBC Flex Choice Business Account Package
Best For: Digital + In-Branch Banking
Shift freely between branch and digital channels with savings built-in to match your way of banking.
$7.00 / month3
Sign Me Up
Features
- Save 40% on fees for transactions made through RBC Online Banking, the RBC Mobile app2 and RBC ATMs7 versus paper transactions
- Save on cash deposits at the RBC ATM7 and through the Night and Day Deposit8 Service
- Only pay for what you use—no minimum or maximum transaction limits
- Unlimited MonerisLegal disclaimer (double dagger)‡ deposits
- No minimum balance requirement
You can also open an account over the phone without coming into the branch.
Call 1-866-864-7929
Help Me Choose the Right Account
Answer a few short questions and we’ll recommend the right account to match your business needs. Choose one answer for each question
Based on your answers, we recommend (2 products)
Legal Disclaimer
® / MC Trademark(s) of Royal Bank of Canada.
‡
All other trademarks are the property of their respective owner(s).
1
Includes the standard fees for posting electronic debit or credit transactions to the account and excludes any other services and transactions such as Interac e-Transfer transactions, Pay Employees & Vendors (PEV), cheques and cash deposited at RBC ATMs for which standard fees and charges apply.
2
Only includes outgoing Interac e-Transfer transactions sent on the RBC Online Banking for business platform. Excludes all other Interac e-Transfer services such as Autodeposit, Request Money, Request Money Fulfillment and Bulk Interac e-Transfer service. Standard fees and charges apply for transactions exceeding the number included in the account package.
3
Standard fees and charges apply for services and transactions exceeding the number included in the account package.
4
Fee waiver applies only to the monthly package fee when the minimum daily balance is held for the entire month.
5
Includes cheques deposited through the RBC Mobile app, RBC ATMs and ChequePro.
6
Fee waiver applies only to the monthly package fee when the minimum daily balance is held for the entire month.
7
Includes unlimited number of items deposited via an RBC branch, RBC ATM, RBC Mobile Cheque Deposit or Night and Day Deposit. Cost of processing an electronic credit or paper deposit to the account still applies, unless otherwise included.
8
Eligibility and allowable limit are determined by the provincial and federal governments. For more information, visit www.agr.gc.ca/agriinvest. In Quebec, AgriInvest is delivered provincially by La Financiére agricole. For more information, visit www.fadq.qc.ca.
9
Additional fees apply for services and transactions other than the ones listed.
10
Monthly fee is based on your operating account.
11
The Night and Day Deposit service may not be available in all areas. Fees and charges may vary based on location. Other fees and charges may apply.
12
Savings accrue from lower standard processing fees charged on electronic (vs. paper) transactions such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online.
® / ™
Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
‡
All other trademarks are the property of their respective owner(s).
1
In order to get a business bank account and account number online, the business must be a sole proprietorship or a single-owner corporation, in each case, with only one authorized signatory. The business must be registered in Canada or a business operated in Canada by a natural person who is a permanent resident of Canada. Additionally, the authorized signatory completing the online application on behalf of the business must successfully complete the personal identification portion of the application, including, without limitation, a credit bureau report to the satisfaction of Royal Bank of Canada. Multi-owner businesses or businesses that have more than one authorized signatory will be directed to the branch to get a business bank account and account number.Issuance of an account number does not guarantee that the account is operational. RBC may restrain the use of the account and require the business client to visit a branch to satisfy any outstanding requirements prior to operating the account.RBC reserves the right, in its sole discretion, to require that the business client visit a branch to complete the application. A business client that successfully completes the online application will still need to visit a branch to obtain a business client card and sign additional documentation, even if a bank account number has been issued.
Actual completion time may vary from person to person and may be affected by a variety of external factors, including internet navigation speed and other interruptions. RBC does not accept any responsibility for any damage or loss that any parties might suffer resulting from any deviations from time indicated.
2
RBC Mobile is offered by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.
3
Standard fees and charges apply for services and transactions exceeding the number included in the account package.
4
Includes electronic (digital) debit and credit transactions to the account, such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV),Interace-Transfer transactions and wire transfers not expressly included in the package when completed online. For full list of fees not included with the account review theRBC Digital Choice Business Account Package page.
5
Includes cheques deposited through the RBC Mobile App, RBC ATM and ChequePro.
6
Only includes outgoing Interac e-Transfer transactions sent on the RBC Online Banking for business or RBC Edge platforms. Excludes all other Interac e-Transfer services such as Autodeposit, Request Money, Request Money Fulfillment and Bulk Interac e-Transfer service. Standard fees and charges apply for transactions exceeding the number included in the account package.
7
Savings accrue from lower standard processing fees charged on electronic (digital) debit and credit transactions (vs. paper) such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard account fee per electronic credit and debit transaction is $0.75 versus $1.25 per paper transaction. Fees and charges may vary based on location. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online.
8
The Night and Day Deposit service may not be available in all areas. Fees and charges may vary based on location. Other fees and charges may apply.
