U.S. & Foreign Currency Accounts

Legal Disclaimer footnote *

Based on market capitalization.

Legal Disclaimer footnote 1)

RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc. The RBC Mobile app may be downloaded in jurisdictions where it is available.

Legal Disclaimer footnote 2)

When making a transfer from a U.S. or Foreign Currency Account to another, or from a U.S. or Foreign Currency Account to RBC Direct Investing, the accounts must be in the same currency.

Legal Disclaimer footnote 3)

For wire fees, please contact us or you may visit our website at rbc.com/wire-fees. There may be additional fees applied by an intermediary or receiving bank, including conversion fees if the funds are converted to another currency. Wires must be in the same currency as the Account.

Legal Disclaimer footnote 4)

Cash deposits and withdrawals must be in the same currency as the account.

Legal Disclaimer footnote 5)

You can withdraw and deposit cash to and from your account at any RBC branch location. Please note that a limited supply of currency will be available in RBC branches and an order may have to be placed for you. It may take up to five business days for your foreign currency to arrive.

Legal Disclaimer footnote 6)

Overdraft Protection is an optional feature that may be added to your account. Monthly fee waived for VIP Banking & Signature No Limit Banking accounts. Subject to credit approval. Overdraft interest charge applies if used. If an account is overdrawn, a deposit is required to be made at least once each month, in an amount that will cover the monthly overdraft interest.

Legal Disclaimer footnote 7)

The interest rate is an annual interest rate. It is a simple interest calculation. Interest is calculated daily on the closing credit balance and paid monthly. Interest rate is subject to change at any time without notice.

Legal Disclaimer footnote 8)

Eligible accounts include: RBC VIP Banking, RBC Signature No Limit Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Day to Day Banking account. You must close the account and apply for the refund or switch to another account within 4 months of account opening or upgrade. Offer limited to one account opening or upgrade per customer per calendar year. Offer may be withdrawn at any time without notice.

Legal Disclaimer footnote 9)

Our guarantee to you: We will reimburse you for monetary losses to your Account(s) resulting directly from the following unauthorized transactions on your Account(s) using Digital Banking or Mobile Payments (collectively, Unauthorized Transactions):

• transactions that occur after you notify us that you believe that any of your Passwords may have become known by someone, or that you noticed unusual, suspicious or fraudulent activity on any of your Accounts;
• transactions where it can be shown that you have been a victim of fraud, theft or have been coerced by trickery, force or intimidation, so long as you report the incident to us immediately and cooperate and assist us fully in any investigation;
• transactions resulting from negligent conduct by us, our employees or Third-Party Service Providers;
• Interac Online Payment transactions resulting from negligent conduct by any Third Party participating in Interac Online Payment; and
• any failure, error, malfunction, or technical problem of our system or equipment or that of any Third-Party Service Provider or any Third Party participating in Interac Online Payment.

Your responsibilities:Despite the above, we are not responsible for and we will not reimburse you for losses to your Account(s) if:

• you do not comply with any of your obligations under this Agreement or you do not comply with any instructions we may provide to you in connection with Digital Banking or Mobile Payments;
• you engage in any fraudulent, criminal or dishonest acts related to Digital Banking or Mobile Payments;
• you access Digital Banking or Mobile Payments via a Device that you know or reasonably should know contains software that has the ability to reveal or otherwise compromise any of your Passwords, Personal Verification Questions or an e-Transfer Question and Answer;
• you carry out the transaction, including if the transaction is a result of any mistake, error, omission, inaccuracy or other inadequacy of, or contained in any data or information that you give to us;
• you share any of your Passwords or Personal Verification Questions; or
• you consent to, contribute to or authorize a transaction in any way.

Exceptional Losses: In no event, even if we are negligent, will we be liable for any loss of data, or any indirect, consequential, special, aggravated, punitive or exemplary damages, in whole or in part, (including any business interruption, loss of profits, data, information, opportunity, revenues, goodwill or any other commercial or economic loss), caused to you, regardless of the cause of action, even if we were advised of the possibility of such damages.

For full details regarding the protections and limitations of the RBC Digital Banking Security Guarantee, including your responsibilities in ensuring the safety and security of your transactions, please see your Electronic Access Agreement and your Client Card Agreement (opens pdf in a new window) for personal banking clients, and the Master Client Agreement (opens pdf in a new window) for business clients. This guarantee is given by Royal Bank of Canada in connection with its Online and Mobile Banking services. Formerly known as the RBC Online Banking Security Guarantee.

Legal Disclaimer footnote 10)

Some limitations apply.

Legal Disclaimer footnote 11)

If you are converting to a different currency, you agree that you will be responsible for any cost or loss associated with the currency exchange, and we may charge this cost to your Account. You acknowledge that the exchange rate used may result in revenue being earned by us on the conversion.