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Royal Business Professional Account
For doctors, dentists, lawyers, accountants and other professionals.
For $33 per month, you get:
- Up to 60 debits/cheques
- Up to 50 credits/deposits
- Up to 100 items deposited
- Up to $2,000 cash deposited
Note: Regular (paper-based) transactions will be applied first to the package limit.
In addition, you get:
- One Bank confirmation per year
- Business Client Card with ATM and debit card access
- Overdraft Protection up to $5,000* - monthly fee waived
- Online and Telephone Banking
Charges for transactions which exceed the stated limits:
- Electronic debits/credits $0.60 each
- Regular (paper-based) debits/credits $0.95 each
- Items deposited $0.20 each
- Cash deposited (per $1,000)
• Night and Day deposit1 chutes: $2.00
• ATM: $2.15
• In-branch: $2.25
Interest Rates:
The tiered balance segments on which interest is paid for the Business Professional Account are:
- $250,000 or more
- $100,000 to $249,999.99
- $25,000 to $99,999.99
Deposit interest for this account is calculated on the applicable portion of the daily closing balance in each tier at the corresponding rate for that tier. Interest is credited monthly to your account as of the first business day following the end of the month.
Please call 1 800 769-2520 for current rates.
* Subject to approval
1 Reduced fee for cash deposited via Night and Day deposit may not be available in all areas. Please see your branch for details.
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