Business accounts rbc

  • How does a business bank account work?

    The RBC Small Business Navigator provides practical resources, money saving offers, stories from small businesses and financial advice, so you feel confident choosing the path that's right for your business..

  • How does RBC help clients with their business?

    The RBC Small Business Navigator provides practical resources, money saving offers, stories from small businesses and financial advice, so you feel confident choosing the path that's right for your business..

  • What are business bank accounts?

    The five types of business accounts for small businesses:
    Business checking account.
    Business savings account.
    Business certificate of deposit (CD) account.
    Business money market account.
    Merchant account..

  • What countries have RBC banks?

    Yes, you can open a new business account online if it is a new entity that meets all the eligibility requirements.
    As an authorized signer, you will be asked to log in and confirm some personal information during the account opening process..

  • What do you need to open an RBC business account?

    Requirements to Open a Business Account

    1. One of three Government-issued IDs, such as a Canadian Passport, Canadian Driver's Licence or Canadian Permanent Resident Card
    2. A business registration document, such as:

  • What is the minimum balance for a RBC business account?

    A business bank account isn't the same as your merchant account, which will receive customer payments as part of your payment processing setup.
    It's an account from which you'll conduct almost every other financial function of your business, from paying vendors to running payroll..

  • What type of business is RBC?

    A business bank account is a bank account that's used only for business transactions rather than personal finances.
    It can be opened in the name of the business, allowing payments to be made and received using the business's name.
    Business bank accounts operate in a similar manner to personal bank accounts..

  • What types of accounts does RBC offer?

    Choose Accounts to Compare

    The Essentials.
    RBC Day to Day Banking. $4. monthly fee .
    1. Unlimited Debits & More.
    2. RBC Advantage Banking. $11.95. monthly fee .
    3. Unlimited Debits & Even More.
    4. RBC Signature No Limit Banking.
      Get $350 Cash 34 $16.95. monthly fee .
    5. All-Inclusive.
    6. RBC VIP Banking.
      Get $350 Cash 34 $30. monthly fee 1

  • What types of accounts does RBC offer?

    We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis..

  • It can keep you legally compliant, provide some financial security and help you appear more professional to customers and vendors.
    Plus, having one account for the sole purpose of collecting from customers and paying your vendors makes it easier to log transactions and manage your business.

How do I contact RBC customer service for my business account?

Save money and earn RBC Rewards points faster with offers customized to your business.
Start the application online or call 1-800-769-2520.
Once your application is completed, you’ll be asked to visit a branch to verify your documentation.
Your account is all set up and ready to use.
Or text “RBC” to 722722 and we’ll send you the link.

How do I set up a business account with RBC?

Save money and earn RBC Rewards points faster with offers customized to your business.
Start the application online or call 1-800-769-2520.
Once your application is completed, you’ll be asked to visit a branch to verify your documentation.
Your account is all set up and ready to use.
Or text “RBC” to 722722 and we’ll send you the link.

What are the benefits of having a business account with RBC?

As an RBC business client, you get exclusive access to offers and support from a wide range of services to help your business thrive.
RBC Online Banking for Business lets you view your business transactions all in one place while seamlessly transferring funds from your business bank account to your personal one.

What features does an RBC business account include?

As an RBC business client, you get exclusive access to offers and support from a wide range of services to help your business thrive.
RBC Online Banking for Business lets you view your business transactions all in one place while seamlessly transferring funds from your business bank account to your personal one.

Can I get $300 back if I open an RBC business account?

For a limited time, get up to $300* back when you open an RBC business bank account within 60 days of registering or incorporating your business with Ownr

Services are offered in Ontario, Alberta, Quebec and British Columbia only

Apply online and receive your RBC Digital Choice Business Account package number in less than 15 minutes


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