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Commercial Banking > Global Banking > Europe > Opening an Account

Opening an Account

Accounts to Suit Your Business Needs

You can make and receive payments in foreign currencies using your existing accounts with RBC Royal Bank in Canada:

  • Choose the payment method that matches your needs and have it converted to foreign currency when the payment is sent.
  • Foreign currency receivables—cheques, drafts, money orders and wire transfers—can be sent directly to your Canadian dollar account for conversion and deposit.
  • Access your account online 24/7 with RBC Express® or Online Banking for Business

Need Access to an Account in the Region?

If you require an account based in Europe for your business operations, an RBC Account Manager can help you open an account(1) in Europe in Euros, Pounds Sterling, Swiss Francs or any other major currency in the following locations:

  • Austria
  • Belgium
  • France
  • Germany
  • Italy
  • Netherlands
  • Portugal
  • Spain
  • Switzerland
  • United Kingdom

This enables you to:

  • Maintain operating deposit accounts in Euros, Pounds Sterling, Swiss Francs and other major currencies
  • Pay your employees
  • Make and receive domestic and international electronic payments
  • Make and receive payments by cheque in countries where cheques are used


Foreign exchange


Any obstacles we might have or products we need, we can count on the Bank to come through. Even if we are the first ones to ask, they will consider it and if it makes sense to them and us, they will execute it.

- Pierre Salim,
Vice President, Finance
Almassa International Inc., Montreal, Quebec


1) The opening of accounts and the provision of related services outside of Canada may be by other banks and subject to their own terms and conditions.