Eligible Farmers Can Receive Matching Contributions From the Government of Canada
An account designed specifically for eligible1 agricultural businesses that participate in the AgriInvest program under the Canadian Agricultural Partnership program.
This Account May Be Right for Your Business If:
You’re a farmer participating in the AgriInvest program
You want protection against small income declines and support for your investments
You want easy access to your funds and the ability to check your balances at any time
Receive Matching Government Contributions
Deposit money and receive matching contributions from the government, helping you save money as a contingency against income declines.
Earn Interest on Deposits
Earn interest on every dollar.
No Package, Maintenance or Service Fees
Enjoy the freedom and flexibility that comes with holding this account with no fees or balance commitments. Plus, you receive CDIC coverage on your deposits up to $100,000.
Coverage and Support: Matching contributions help you build a reserve to cover unforeseen circumstances such as crop or market failure.
Full Access to Your Funds: Withdraw what you need, when you need it.
Check Your Balances 24/7: Manage your money anytime, anywhere through RBC Online Banking for business.
Monthly Fee: $0View Full Pricing Chart
RBC AgriInvest Account
|Debits or Credits||No Charge|
|Items Deposited||No Charge|
|Cash Deposited||No Charge|
|Paper Statements||No Charge|
All other transactions are subject to standard pricing.
RBC AgriInvest Account
Deposit interest is calculated on the applicable portion of the daily closing credit balance in each tier at the corresponding rate for the tier.
|Balance Tiers||Interest Rate
|$250,000 and over|
|$100,000 to $249,999.99|
|$25,000 to $99,999.99|
|$10,000 to $24,999.99|
|$5,000 to $9,999.99|
|$0 to $4,999.99|
- Interest is paid on the 2nd business day of each month backdated to the first day.
- The interest rate is an annual interest rate.
- The interest calculation is a simple interest calculation.
- Interest rates are subject to change at anytime without notice.
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