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If you are an RBC Online Banking client (either personal or business), you can take advantage of our fast and convenient online third-party payment service to deposit funds directly into the accounts of other RBC Royal Bank clients. For example, send your daughter money or pay wages to your employees.
Third-party payments are easy to do. Simply have the recipient's name, branch number and account number handy — all of which can be retrieved from a voided cheque. In addition, transferred funds are immediately deposited into the recipient's account.
There are no additional transaction fees that apply to using third-party payments, other than those fees that are applicable under your bank account or package for third-party payments made through Online Banking. While we make every effort to provide you with a secure Online Banking experience, you should regularly review the safe computing practices by visiting our Security Website to ensure you are taking measures to keep your computer safe.