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Commercial Banking > Business Accounts > RBC Business Essentials Variable Pricing Account

RBC Business Essentials® Variable Pricing Account

You are on: Features & Benefits

The RBC Business Essentials Variable Pricing Account is for growing businesses that typically have a variable number of monthly transactions.

It provides built-in discounts when your transaction volumes grow and additional savings when you bank online or use our ATM network so your dollars can go farther.

  • A flexible account for your changing business needs. Whether you make 30 paper based transactions a month or more, you'll benefit from built-in discounts based on the total transaction volume used each month.
  • No minimum balance required
  • Convenient access to Canada's largest combined network of branches and ATMs
  • Save even more when you bank electronically(1)
  • Service and support 24/7 from dedicated small business advisors
  • Access to RBC Online Banking and Telephone Banking

1) Channel savings only apply to standard account fees for credits and debits, and reflect choosing to transact electronically versus in-branch or paper-based.


Open Your Business Account

Our dedicated specialists will work with you to provide the financial advice and solutions to help your business grow.


You are on: Fees

Monthly Fees & Volumes

Package Fee   $6.00(1)

Volume Discounts for each Credit or Debit

Credit or Debits

Number Regular
(paper based transactions)
Electronic Additional Savings
1-30 $1.25 each $0.75 each Save even more when you bank electronically.
31-100 $1.20 each $0.70 each
101 plus $1.15 each $0.60 each
Items deposited   $0.22 each  
Cash deposited
(Night & Day deposit)
  $2.25(2) per $1000  
Cash deposited (ATM)   $2.25 per $1000  
Cash deposited
  $2.50 per $1000  

1) Does not apply if transaction fees are more than $6.00

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

Note: No interest is paid on balances in this account

You are on: Interest Rates