Save on Fees When You Bank Online

RBC Small Business eAccount

This account gives you the opportunity to save both time and money when you complete the majority of your banking activities online through Online Banking for Business or the RBC Mobile App. There is no monthly fee, and electronic debits and credits are free of charge1.

Monthly Fee:
$0

Transactions Included:
Unlimited electronic debits and credits1

Minimum Balance:
None

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

This Account May Be Right for Your Business If:

  • You want to do your banking electronically2—online, via mobile or through the ATM

  • You have relatively straightforward banking needs

  • You don’t have many cash or cheque transactions, and are comfortable making and receiving payments online

Unsure if this product is right for your
business?

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

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

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Account Details

Save on Your Fees When You Bank Electronically

There is no monthly fee and you receive unlimited free electronic debit and credit transactions1 such as online bill payments, pre-authorized debits, and point-of-sale transactions when using RBC Royal Bank ATMs or RBC Online or Mobile Banking4.

Get Paid Faster, With Less Effort

You can accept payments directly into your account—such as wires, Interac e-Transfers, and Mobile Cheque Deposits – so you have access to your money faster to put back into your business.

No Minimum Balance Required

With this account, you don't pay a monthly fee regardless of the balance you hold. Therefore, you do not need worry about maintaining a minumum balance to qualify for a monthly fee waiver.

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 cash and cheques anytime of the day or night with Mobile Cheque Deposit through the RBC Mobile App.

Fee Details

Monthly Fee: $03

Monthly fees and volumes

Monthly fees and volumes
Debits1
(electronic)
Unlimited
Credits1
(electronic)
Unlimited
Paper debits or cheques $2.00
Paper credits or deposits $3.50
Paper debits or cheques $2.00
Cash deposited
(Night and Day Deposit)
$2.255 per $1000
Cash deposited
(ATM)
$2.25 per $1000
Cash deposited
(In-branch)
$5.00 per $1000
Electronic statement6 No charge
Paper statement without images $3.50
Paper statement with images $4.50

Tip: If you plan to use non-electronic channels such as assisted in-branch banking, issuing more than 4 cheques per month, and depositing cash often, a different business account may better suit your needs. Please call 1-800-769-2520 to speak with a small business advisor.

Tip: If you plan to use non-electronic channels such as assisted in-branch banking, issuing more than 4 cheques per month, and depositing cash often, a different business account may better suit your needs. Please call 1-800-769-2520 to speak with a small business advisor.

You May Also Consider

Separate Your Business

Manage your business expenses while enjoying the RBC Rewards® program

Accept Card Payments

Make it easier for your customers to pay you.

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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