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Local or Community Not-For-Profit Organizations

 

An Account Specifically Designed for Smaller or Start-Up Not-For-Profit Organizations

If you are like most smaller or start-up Not-For-Profit organizations, you are probably looking to keep banking fees down. But you still want the flexibility of a business account for your day-to-day activities.

That's why we developed the Royal Business Community Account® - a business account that offers great features for Not-For-Profit organizations. To open your Royal Business Community Account, download an application (PDF format) and complete it in full or visit the branch nearest you.

A Flexible Account that can Help you Save on Fees

Designed for community based Not-For-Profit organizations such as social clubs, sports organizations, religious groups and start-ups - the Royal Business Community Account offers you a host of benefits. For only $3.75 per month you receive:

  • Up to 10 debits/cheques each month
  • Up to 5 credits/deposits each month
  • Up to 10 items deposited each month
  • Up to $1,000 cash deposited each month

Plus, you get:

  • The monthly account fee of $3.75 waived for the first three months (monthly account fee shall apply thereafter). Fees for transactions exceeding the stated limits described above shall not be waived.
  • First 25 personalized, duplicate cheques and deposit slips included, plus you will receive a Business Client Card for OnLine Banking and ATM transactions.

Fees for transactions which exceed the stated limits:

  • Debits/cheques $.60 each
  • Credits/deposits $.60 each
  • Items deposited $.14 per item
  • Cash deposited $1.39 per $1,000

Have surplus cash?

For surplus cash, you might want to consider a more secure investment such as RBC Royal Bank Guaranteed Investment Certificates (GICs).

To open a Royal Business Community Account, download an application (PDF format) and complete it in full or visit the branch nearest you.

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10/02/2009 19:23:27