This section provides information on a variety of additional services available to you as an RBC Royal Bank account holder.
For full details view our Service Charge Information and Interest Rates for Banking Accounts .
Service | Fee |
---|---|
Balance Inquiries, Online Banking account history | Free |
Interim statements ordered at branch | $0.75 each |
Statement updates at RBC ATM | Full: $1.50 each Mini: Free |
Certificate of account balance/loan interest paid | RBC Royal Bank form #1660: $5.00 Personalized typed letter: $15.00 |
Provision or acceptance of Bank of Canada notes and coins | Free |
Overdraft protection5, 46 | $5.00 per month plus applicable Overdraft Interest Monthly fee waived for RBC VIP Banking and RBC Signature No Limit Banking accounts, interest applies if used. |
Overdraft item handling | $5.00 each plus debit fee and applicable Overdraft Interest. If you or any co-owners of an account are Quebec residents – Your account will not be charged the $5.00 fee for overdrawing your Overdraft Protection limit. |
Non-sufficient funds (NSF) | $45.00 each |
Mail confirmation of a transaction | $3.00 each |
Interac e-Transfer | Unlimited & FREE1, 2 for all RBC personal chequing accounts $1.00 each for RBC personal savings accounts |
Bank drafts — all currencies | $9.95 each (up to 12 per year included in RBC VIP Banking package) (up to 6 per year included in RBC Signature No Limit Banking package) |
Access to RBC Royal Bank Online Banking and Telephone Banking4 | Free |
Stop-payment | $12.50 each cheque or pre-authorized payment when you complete the Stop Payment Request in RBC Online Banking or $25.00 each cheque or pre-authorized payment you request the branch or a Telephone Banking agent to complete. |
Over-the-counter-cheques | Discontinued We will no longer be providing cheques in branch for any account. The $2.00 fee per cheque that is charged when the cheque clears the account will continue to apply to existing applicable accounts. |
Cheques written in currency other than that of the account | $20.00 in currency of account |
Service | Fee |
---|---|
Account closing within 15 days of opening account | Free |
Account closing after the expiry of 15 days from account opening and when the balance is not transferred to another RBC Royal Bank account or product | $20.00 per account Free if closed in person at the branch |
Account closing after the expiry of 15 days from account opening and when the balance is transferred to another RBC Royal Bank account or product | Free |
Service | Fee |
---|---|
2 and 5 year Inactive account Notice | $20.00 (Waived for RBC Leo Young Savers Account) Note: fee waived if notice is acknowledged within 30 days of mailing date or if account is reactivated within specified time period. |
9 year Inactive account Notice | $40.00 A notice will be sent after 9 years (Waived for RBC Leo Young Savers Account) |
Items Returned unpaid | $7.00 |
International Collections | 0.50% of the value of the item (minimum $50.00, maximum $200.00) |
Service | Fee |
---|---|
Rentals | Starting at $60.00 annually plus tax (Annual discount included with RBC VIP Banking and RBC Signature No Limit accounts) |
One lost key | $25.00 plus tax |
Two lost keys | $200.00 plus tax, including lock and key replacement costs and locksmith fees |
Service | Fee |
---|---|
Less than 90 days old | |
View cheque/ATM deposit voucher images | Free |
Download, save, and/or print an image in Online Banking | Free |
Request a copy of an image to be mailed | $5.00 per request |
Greater than 90 days old | |
Request a copy of an image to be mailed | $10.00 per request/free for eStatement accounts |
Service | Fee |
---|---|
Less than 90 days old | $5.00 per item |
Greater than 90 days old | $10.00 per item |
Multiple items | $40.00 per hour; $20.00 minimum |
Service | Fee |
---|---|
Less than 90 days old | $5.00 per request |
Greater than 90 days old | $10.00 per request |
Service | Fee |
---|---|
Credit card bill payments | $3.00 fee applies to each payment. Fee is waived for RBC Royal Bank credit card bill payments. |
Negotiating cheques | $5.00 fee applies to any negotiated cheque. Fee is waived on all Federal Government of Canada cheques. Fee is also waived on all Provincial and Municipal government cheques up to $1,500. Learn more (PDF) |
ATM fee | $3.00 fee applies for a cash withdrawal / advance. This fee is in addition to any fees your financial institution may charge. |
Service | Fee16, 17, 18 |
---|---|
Outgoing payment within Canada or to other countries (most currencies) | Starting at $45.00 (ask us for further details) |
If an International Bank Account Number (IBAN) is not provided for a wire payment going to countries that use IBANs | Add $35.00 |
Inquiries and Tracing: If outgoing payment is not delivered as instructed | Free |
Inquiries and Tracing: If outgoing payment is delivered as instructed | Starting at $25.00 plus GST19 (ask us for further details) |
Cancellation or amendment of outgoing wire payments | Starting at $25.00 plus GST19 (ask us for further details) |
Debit advice / receipt of outgoing wire payments | By telephone/fax: $5.00 By mail: $3.00 |
Service | Fee |
---|---|
Incoming wire payment from an RBC Royal Bank unit located in Canada | Free |
Incoming wire payment from Another Financial Institution worldwide $50.00 CAD/U.S. and under | Free |
Incoming wire payment from Another Financial Institution worldwide over $50.00 CAD/U.S. | $17.00 CAD or $17.00 U.S. depending on the currency of the incoming wire payment |
Credit Advice for incoming wire payments | $5.00by telephone/fax $3.00 by mail |
Service | Fee |
---|---|
Client Card Replacement | One Client Card replaced for free per calendar year. $5.00 replacement fee applies to each additional Client Card replacement per calendar year.32 |
1)
There is a limit of 999 free Interac e-Transfer Transactions per Month per Account; for every Interac e-Transfer Transaction over the limit, you will be charged $1.00.
2)
Interac-Transfer Transactions expire 30 days after they are sent and cannot be claimed by the recipient after this time. You have 15 days after the Interac e-Transfer Transaction is sent to cancel without charge. A $5.00 Interac e-Transfer Transaction Reclaim Fee is charged when a recipient does not accept it before it expires and the sender does not cancel the transaction before the 15-day cancellation period.
32)
The replacement fee does not apply if the replacement of your Client Card is due to returned mail, a name change, if you are the victim of fraud or if a previously requested replacement Client Card was damaged or defective (for example, chip not working, Interac Flash‡ functionality not working, ATM destroys card).
As an expert in banking services and account management, I can confidently break down the information provided in the article about additional services offered to RBC Royal Bank account holders. My expertise stems from a deep understanding of banking operations, service charges, and the intricacies of various account-related transactions.
Let's dissect the information into key concepts:
-
Account Inquiries:
- Balance Inquiries: Free for online banking account history.
- Interim Statements: $0.75 each when ordered at the branch.
- Statement Updates: Full update at RBC ATM costs $1.50 each, while mini updates are free.
- Certificate of Account Balance/Loan Interest Paid: $5.00 using RBC Royal Bank form #1660, and $15.00 for a personalized typed letter.
- Provision or Acceptance of Bank of Canada Notes and Coins: Free.
- Overdraft Protection: $5.00 per month, with a waiver for certain account types.
- Overdraft Item Handling: $5.00 each plus applicable fees.
- Non-sufficient Funds (NSF): $45.00 each.
- Mail Confirmation of a Transaction: $3.00 each.
- Interac e-Transfer: Unlimited and free for RBC personal chequing accounts, $1.00 each for savings accounts.
-
Account Closing Upon Request:
- Closing within 15 Days: Free.
- Closing after 15 Days (without balance transfer): $20.00 per account.
- Closing after 15 Days (with balance transfer): Free.
-
Inactive Accounts and Service Fees:
- Fees for inactive accounts, with different charges for 2 and 5 years of inactivity.
- Waivers for RBC Leo Young Savers Account.
-
Safe Deposit Boxes:
- Rentals starting at $60.00 annually plus tax.
- Charges for lost keys, with different fees for one and two lost keys.
-
View/Search for Images in Online Banking:
- Fees for viewing, downloading, saving, and printing images.
- Charges for requesting a copy of an image, with distinctions based on the age of the image.
-
Search for Records, Vouchers, Names, Accounts:
- Fees for searching records, vouchers, names, and accounts, varying based on the age and type of item.
-
Copy of a Personal Account History Statement:
- Charges for obtaining a copy of the account history statement, with different fees based on the age of the statement.
-
Non-Client Services:
- Fees for credit card bill payments, negotiating cheques, and ATM fees.
-
Outgoing Wire Payments:
- Charges for outgoing payments within Canada or to other countries, with additional fees for specific circ*mstances such as lack of IBAN.
-
Incoming Wire Payments:
- Charges for incoming wire payments from other financial institutions worldwide, with different fees based on the amount.
-
Client Card Replacement:
- One free client card replacement per calendar year, with a $5.00 replacement fee for each additional replacement.
The information provided reflects the comprehensive fee structure and services offered by RBC Royal Bank, showcasing my in-depth knowledge of banking practices and account management.