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Small Business > Business Accounts > RBC Small Business eAccount

RBC Small Business eAccount

You are on: Features & Benefits

Get more from the RBC Small Business eAccount.

Are you currently using a personal bank account to run your business? Having a dedicated account like the RBC Small Business eAccount can help simplify your business bookkeeping. Here are just a few examples:

  • Direct payments. With a business account, your business can accept payments directly, such as wires, transfers, and credit and debit card payments.
  • Less hassle at tax time. Use our Online Tax Filing service to remit your federal and provincial taxes, submit payroll source deductions and receive your GST refunds faster.
  • Separate finances. A business account helps keep your personal and business transactions completely separate. This can help you maintain better records and save time when you’re filing personal and business income taxes.

Benefits of the RBC Small Business eAccount

The RBC Small Business eAccount is designed for e-savvy small business owners who prefer to bank through self-serve, electronic channels1 such as online banking, mobile banking and RBC ATMs. Benefits include:

  • No monthly fee. Save money with no monthly fee and do more with every dollar you earn!
  • Unlimited account e-transactions*. Make unlimited electronic account transactions, including free online bill payments, pre-authorized payments and debit card purchases. Standard fees (opens new window) apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), wire transfers, etc. when completed online.
  • No minimum balance required. Keep your money working for you and your business.
  • Easy online business banking. Save time and money by managing your business finances online—pay bills, pay vendors or employees, file your taxes and more.
  • 24/7 service and support. Talk to a business advisor by phone 24 hours a day, 365 days a year. Our advisors are always here to help.
Quick, Easy and Secure. Online Application

You can apply online for the Small Business eAccount in as little as 10 minutes and 5 simple steps.

Apply Now

* Electronic account transactions include 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), wire transfers, etc. when completed online.
1) Not all of the same functionality or features may be accessible or available at all times for all services or electronic channels. Additional fees and charges may apply.

You are on: Fees

RBC Small Business eAccount
Monthly fees and volumes
Package fee None
Included account transactions
Debits (electronic) Unlimited
Credits (electronic) Unlimited
The following fees apply to transactions in excess of the included account transactions
Paper debits or cheques $2.00
Paper credits or deposits $3.50
Items deposited $0.22 each
Cash deposited (Night and Day Deposit) $2.25(2) per $1000
Cash deposited (ATM) $2.25 per $1000
Cash deposited (In-branch) $5.00 per $1000
Account statement fees
Electronic statement(3) No charge
Paper statement $3.00

RBC Small Business eAccount is a non-interest bearing account.


Tip: If you plan to use non-electronic channels such as assisted in-branch banking, issuing more than 4 cheques per month, and depositing cash often, a different business account may better suit your needs. Please call 1-800-769-2520 to speak with a small business advisor.


2) Reduced fee for cash deposited via Night and Day deposit may not be available in all areas. Please see your branch for details.

3) Free eStatement option and cheque images with Online Banking when paper statement is turned off.