Take the Guesswork Out of Your Banking Fees

RBC Business Essentials® Fixed Fee Plans

If your business has predictable and consistent transaction volumes, choose a plan that matches your needs and avoid surprises.

Monthly Fee:
$20.00 - $75.001

Transactions Included:
40 - 250

Minimum Balance:
None

Locate a Branch Near You

Find a Branch

Call our 24/7 Business Helpline

1-800-769-2520

This Account May Be Right for Your Business If:

  • You want predictable banking costs each month

  • Your business transaction volume is consistent

  • You’re open to banking electronically to save even more2

Unsure if this product is right for your
business?

Tell us about your business and we will find you the right solution.

Get started

Tell us about your business and we will find you the right solution.

Get started

Account Details

You Choose From Four Plans Designed to Fit Your Business Needs

Each plan is designed to meet the needs of different businesses. Choose the plan that works best for your business.

Change Between Plans at Any Time

Business booming? You may require more transaction allowance than you previously anticipated. Take advantage of the option to move up to a plan with more transactions whenever you want. Talk to us for help determining which plan would be best for your growing business banking needs.

No Minimum Balance Required

Keep as much—or as little—in your account as you want with no penalties. And for some plans fees are waived when a minimum balance is held.

Bank Electronically and Save Even More

When you have a busy month with more than the monthly transaction volume in your plan, you can reduce any extra fees by banking online, via mobile or through the ATM.

Additional Details

  • 24/7 Access to Your Account: Manage your money anytime, anywhere through RBC Online Banking for Business.

  • 800+ Branches and Over 4200 ATMs: Enjoy easy access to your money through the largest combined network of ATMs and branches in Canada.

  • Make Deposits on Your Schedule: Deposit cheques whenever it’s convenient for you — from the comfort of your home or office — with our unique Cheque Pro® service.

Fee Details

Details Plan 1 Plan 2 Plan 3 Plan 4
Monthly Fee $20 $35 $50 $75
Best For Small to mid-sized businesses with steady monthly transaction volumes.

Mid-sized businesses with steady monthly transaction volumes.

Mid-sized businesses with reoccurring medium to high volume transactions. Businesses with large number of recurring transactions.
Debit or Cheques Up to 20 Up to 35 Up to 50 Up to 125
Credits or Deposits Up to 20 Up to 35 Up to 50 Up to 125
Items Deposited Up to 20 Up to 40 Up to 60 Up to 85
Cash Deposited Up to $2,500 Up to $3,500 Up to $6,500 Up to $10,000
Monthly Fee Waiver $15,000
(minimum daily balance)
n/a $40,000
(minimum daily balance)
$65,000
(minimum daily balance)
Apply Now Apply Now for Plan 1 Apply Now for Plan 2 Apply Now for Plan 3 Apply Now for Plan 4

You May Also Consider

Invest With Peace of Mind Using GICs

Manage business expenses, large and small when paying with your business credit card.

Separate Your Business Expenses

Manage business expenses, large and small when paying with your business credit card.

Ready to Apply?

Locate a Branch Near You
Find a Branch
Call Our 24/7 Business Helpline
1-800-769-2520
Or Fill Out an Online Form
Apply Online

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