What is the minimum balance for RBC?

Published by Charlie Davidson on

What is the minimum balance for RBC?

Initial deposit of $500.00 required to open account. A minimum monthly service charge is applicable. 16 FREE debits (8 cheques and 8 ATM) per month.

Is there reporting fees for RBC?

Fee is waived for RBC Royal Bank credit card bill payments. $5.00 fee applies to any negotiated cheque. Fee is waived on all Federal Government of Canada cheques….Additional Account Services.

Service Fee
Certificate of account balance/loan interest paid RBC Royal Bank form #1660: $5.00 Personalized typed letter: $15.00

How do I get my $60 RBC?

Here’s How You Can Get Your $60 Cash Offer:

  1. Open an RBC Advantage Banking account for students2
  2. Complete any 2 of the following transactions by December 31, 2021 using your new RBC bank account: Mobile cheque deposit.
  3. We will deposit your cash bonus directly into your new RBC bank account for students.

How do I find my branch number RBC?

You can also go into your Online Banking, under “Bank Accounts”. Beside each account, you will find a 5-digit transit number (before hyphen) and a 7-digit account number (after hyphen). The institution number for RBC is 003. Or, you can call us at 1-800 ROYAL 1-1 or visit your branch to get this information.

How much is RBC No Limit Banking?

RBC Signature No Limit Banking Account. The RBC Signature No Limit Banking Account comes with unlimited free transactions, free bank drafts, personalized cheques and rebates on credit card fees. It costs $15.95 per month to maintain.

What is the cost of RBC Express?

Monthly Fees: 1 User = $0. 2+ Users = $30/mth.

How do I avoid RBC monthly fees?

Save on monthly fees when you enrol your account in the Value Program, have 2 or more additional eligible RBC product categories, and complete at least 2 out of 3 regular account activities (a pre-authorized payment, direct deposit or bill payment) with your enrolled account each month.

Which bank is the best in Canada?

Canada has one of the safest banking systems in the world. The Royal Bank of Canada, TD Bank, Bank of Nova Scotia (Scotiabank), Bank of Montreal, and the Canadian Imperial Bank of Commerce all rank within the top-35 most stable banks in the world….Here’s a list of the Big Five banks:

  • RBC.
  • TD Bank.
  • Scotiabank.
  • BMO.
  • CIBC.

Can my 16 year old open a bank account?

Can You Open a Bank Account at 16? Yes, though you again will need to have a parent or legal guardian as an account co-owner. You cannot open one of these accounts as a minor because you cannot legally enter into contracts as a minor.

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