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Foreign Exchange

Optimize the Value of Your U.S. Dollar Cash Flows

Transacting business in U.S. dollars—or any other foreign currency—can be challenging. The timing of your currency conversions can often have a major impact on your business results.

As you navigate the challenges and opportunities of doing business in the U.S., let us help you improve your U.S. dollar cash flows by maximizing the value of your U.S. dollar receivables and minimizing the cost of your U.S. dollar payables.

Take advantage of our competitive exchange rates and simplify your business processes with our fast, accurate execution of your foreign exchange transactions.

 

U.S. Dollar Transactions

You can make and receive payments in U.S. dollars without having to open a U.S. account:

  • Choose the payment method that matches your needs and then convert your Canadian dollars to U.S. dollars when the payment is sent.
  • U.S. dollar receivables—cheques, drafts, money orders and wire transfers—can be sent directly to your Canadian dollar account for conversion and deposit.
 

Choose from a Full Range of Foreign Exchange Services

As your international business grows and changes, you can choose from a comprehensive range of foreign exchange services at RBC Royal Bank.

Whether your transactions are for $100 or $100 million, our integrated foreign exchange solutions will help you to:

  • Minimize your exchange rate risk on future transactions
  • Optimize the value of your U.S. dollar cash flows
  • Improve your business planning
 
 

Take Advantage of Our International Expertise

Our dedicated specialists can show you how to put our strength to work for you and help you succeed in achieving your global business goals.

To find out how you can take advantage of our expert business advice and solutions, please contact your RBC Account Manager today or call 1-800-769-2520.

 

RBC Express
Wire Transfers

 

I use the foreign exchange treasury often and buy forwards on a regular basis. To conduct the transaction is effortless. We do millions of dollars a year in foreign exchange transactions and it is very easy. Also, we receive foreign exchange updates on the market regularly and that is very helpful.

- Larry Gatien, President & CEO,
Roadware Group Inc., Paris, Ontario