RBC Business Essentials

With 5 transactions per month, this account is designed to suit the needs of micro-enterprises and small businesses whose monthly transaction volumes remain consistent. Some of the key features and benefits of this account are as below:

Features & Benefits

  • Lowest monthly package fee 
  • Package includes up to 5 FREE transactions (in-branch customer-generated debit transactions and cheque debits; credits for cash and cheque deposits; electronic debits)
  • Minimum amount to open account: $2000
  • Business Chequing Services
  • Save even more when you bank electronically
  • Access to Digital Banking (Online & Mobile Banking)
  • Free monthly eStatements
  • Businesses that are Sole Traders and Simple partnerships where there are no more than two (2) partners and the signing authority on the account is any one (1) to sign, are offered convenient access to Tellerphone Banking, along with the RBC Royal Bank Visa Debit card
  • Access to RBC ATMs and other ATMs & POS merchants wherever the LINX, Visa or PLUS symbols are displayed
  • As your business grows, it's easy to change to the Business Essentials-Plus or Advanced plans with higher transaction limits.

Fees

Please refer to our Business & Corporate - Schedule of Fees & Service Charges for fee details.

Client Agreements