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Build Your Savings... Automatically!

The easiest way to commit to a regular savings plan is to arrange for pre-authorized transfers from your banking account to your designated savings account. Simply specify the amount and how often you want the transfers to take place — for example, once a week, every two weeks or once a month. You may even want to schedule these to occur just after your paycheque is direct-deposited into your chequing account.

How do I arrange for regular, automatic transfers From Chequing to Savings?

  1. Sign In to RBC Royal Bank® online banking

  2. Click on Pay Bills & Transfer Funds

  3. Enter how much to transfer

  4. Choose which accounts

  5. Select the "More than once" option and enter an end date or number of times.

  6. Click submit and confirm

Make your saving automatic today.

Not enrolled? To enrol, call 1-800-769-2511. If you are overseas, call 1-506-864-2275.

Did you know?

You can also set up pre-authorized RSP contributions — a great way to build your Retirement Savings Plan (RSP) or a Registered Education Savings Plan (RESP) for a child.

Find out more about pre-authorized RSP contributions

 

Talk to a Specialist

If you have additional questions about pre-authorized transfers, please talk to a specialist or contact your RBC Royal Bank branch.