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).
