Third-Party Payment to another RBC Client

Quickly Transfer Funds to Another RBC Client

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 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 session for making payments using Third-Party payments, you should review our safe computing practices by visiting our Security Website before using this service to ensure you are taking measures to keep your computer safe.

How do I arrange for a third-party payment?

• Use the "Memorized" option in Online Banking. (You can also set up recipients as "Payees" on the Payment screen to streamline the process.)
  
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• Ask your local branch to make the arrangements for you.