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Now you can transfer funds to a local bank!

RBC's Digital Banking makes it easy to transfer funds or make payments.
Personal and Business Banking clients can now use the "Send to local bank" feature for single one-off transfers.


Frequently Asked Questions

This service is facilitated via the Automated Clearing House (ACH) which is operated by Trinidad & Tobago Interbank Payments System (TTIPS), the ACH Operator. Other local commercial banks which are Participants in TTIPS are as follows:

  • Bank of Baroda (Trinidad & Tobago) Limited
  • Citibank (Trinidad & Tobago) Limited
  • First Citizens Bank Limited
  • FirstCaribbean International Bank (Trinidad and Tobago) Limited
  • JMMB Bank (Trinidad & Tobago) Limited
  • Republic Bank Limited
  • Scotiabank Trinidad & Tobago Limited
  • Personal banking clients with single or joint (any one to sign) TTD accounts iniinidad & Tobago will have automatic access to this feature.
  • Business banking customers who currently have access to the Wire Transfer functionality would automatically have access to this feature.
  • All other Business banking users will be required to request access to this feature by contacting your Business Centre/Branch for further guidance and submitting:
    • An Electronic Banking Application eForm 0294
    • AND
    • An Electronic Banking User Enrolment eForm 0293 - with Wire Transfer permission selected
    • OR
    • A Company letter authorizing access to the Wire Transfer permissions for the named business user(s).

You can create, modify and save templates for frequently sent transfers and also set up future-dated and recurring payments as desired.

Personal & Business banking clients in Trinidad & Tobago can access "Send to Local Bank" feature via:

  • The Payments menu in Web
  • The Transfer Money menu on Android devices
  • The Payments menu on iOS devices

Both Personal & Business banking clients will be able to conduct ACH Direct Credits Single Transfers at the same low cost. Only TTD transactions from TTD accounts can be facilitated and no cross-currency or foreign exchange transactions are allowed. There are two fees associated with the Send to Local Bank feature:

The Per Transaction Cost can be accessed via the Schedule of Fees and Service Charges. The per transaction fee will be embedded in the transaction transfer amount and will appear in your transaction history. For example, a successful transfer of TT$100 to another local bank will appear as: TTD101.25.

The Credit Return Fee can also be accessed via the Schedule of Fees and Service Charges. If a transaction is returned to your originating TT$ Savings or Chequing account, we will apply a credit return fee for each transaction being returned. For example, if the original transfer amount to another local bank was TT$50.00 and is returned, the credit to your originating TT$ Savings or Chequing account would be TT$48.00. For possible return/reject reasons, refer to FAQ 10.

Yes, any single Send to Local Bank (ACH) transaction cannot exceed TT$499,999.99 as per Central Bank of Trinidad and Tobago (CBTT) and Trinidad & Tobago Interbank Payments System (TTIPS) rules. For more information regarding your limits, please refer to your Relationship Manager, Advice Centre or Branch.

    For transactions over TT$500,000, you can opt to:

    • Perform multiple transactions less than TT$500,000
    • OR
    • Contact us to request a Local Wire Transfer for large value transfers (local wire fees will apply), which is a Real Time Gross Settlement (RTGS) transaction and not an ACH transaction.

TTD Transfers conducted before 12:00 noon local time on any business day will likely be processed by RBC the same business day. Transfers conducted after 12:00 noon local time on any business day, on weekends and on public holidays will be processed by RBC by the next business day.

We will process transactions in a timely manner, however, participant banks (the receiving banks) are not required to process such transactions until the following business day.

  • Special characters are not allowed in the Beneficiary Name field, such as the ones below: : - % " \ * $ ( ) _ + # @ ! ^ ~ { } < > & , ' .
  • You must ensure an accurate and valid savings or chequing account number for the receiver is provided for successful transactions. Pay particular attention to transit and account number formats where most rare errors happen.
    For example, to send funds to Scotiabank Trinidad & Tobago, ensure you follow special instructions outlined below:
  • Scotiabank Account Numbers can range from 10 to 14 digits long. The first five (5) digits represent the branch transit number (branch location) and the next 5, 6, 7 or 9 make up the recipients full account number, however, a 12-14 digit account number is required to facilitate transaction via TTIPS, the ACH operator.
    • Example 1 (Beneficiary with 10 digit account number):
      Branch Location Diego Martin Branch
      Transit No: 74625
      Account No: 12345
      Receiver’s Account Number: 7462512345
      You must fill with zeros between the branch transit and account number to create 12 digit number: 746250012345
    • Example 2 (Beneficiary with 11 digit account number):
      Branch Location Diego Martin Branch
      Transit No: 74625
      Account No: 123456
      Receiver’s Account Number: 74625123456
      You must fill with zero(s) between the branch transit and account number to create 12 digit number: 746250123456
    • Example 3 Beneficiary with 12 Digit Account Number:
      Branch Location Diego Martin Branch
      Transit No: 74625
      Account No: 1234567
      Receiver’s Account Number: 746251234567
      No action required. Use recipient’s account number as stated: 746251234567
    • Example 4 Beneficiary with 14 Digit Account Number:
      Branch Location Maraval/Ellerslie Plaza Branch
      Transit No: 95315
      Account No: 100123456
      Receiver’s Account Number: 95315100123456
      No action required. Use recipient’s account number as stated: 95315100123456

An Interbank payment transfer can be rejected for any number of reasons such as:

  • Beneficiary Bank Account Closed
  • Beneficiary Bank Account Invalid
  • No Account/Unable to Locate Account
  • Return Requested by ODFI
  • Payment Stopped
  • Payment not Authorized
  • Beneficiary or Account Holder Deceased
  • Beneficiary Account Frozen
  • Non-Transaction Account (e.g. fixed deposit account/contract)
  • Credit Entry Refused by Beneficiary
  • Duplicate Entry
  • Duplicate Return

When the Beneficiary Bank is unable to process a transfer for any reasons listed above, the funds are returned to RBC for further credit to your originating savings or chequing account and a credit return fee will be deducted from the original transfer amount (refer to FAQ 5).

You are required to notify us immediately within the same or by no later than next business day from value date of transaction to initiate a reversing entry. We will attempt to recover funds on a best-efforts basis.

If the Receiving Bank has not returned the entry and/or has already processed transaction to a valid account number and/or the Receiving Bank is unable to recover the funds, RBC will not be able to complete processing of the reversal and will not be held liable for the transaction. Once the confirmation of the transaction is acknowledged/accepted, the transaction is considered final.

RBC strongly encourages all clients to closely review their transit and account numbers for accuracy and confirm with the beneficiary before sending any transfer.

This service is facilitated via the Automated Clearing House (ACH) which is operated by Barbados Automated Clearing House Services Incorporated (BACHSI), the ACH Operator. Other local commercial banks which are Participants in BACHSI are as follows:

  • First Citizens Bank Limited
  • CIBC First Caribbean International Bank (FCIB) Limited
  • Republic Bank Limited
  • Scotiabank (Barbados) Limited
  • Central Bank of Barbados

Personal banking clients with single or joint (any one to sign) BBD accounts in Barbados will have automatic access to this feature. Business banking users will be required to request access to this feature by contacting your Business Centre/Branch for further guidance and submitting:

  • An Electronic Banking Application eForm 0294 AND,
  • An Electronic Banking User Enrolment eForm 0293 - with Wire Transfer permission selected OR
  • A Company letter authorizing access to the Wire Transfer permissions for the named business user(s).

You can create, modify and save templates for frequently sent transfers as desired.

Personal & Business banking clients can access "Send to Local Bank" feature via:

  • The Payments menu in Web
  • The Transfer Money menu on Android devices
  • The Payments menu on iOS devices

Both Personal & Business banking clients will be able to conduct ACH Direct Credits at the same low cost. Only BBD transactions from BBD accounts can be facilitated and no cross-currency or foreign exchange transactions are allowed. There are two fees associated with the Send to Local Bank feature:

The Per Transaction Cost can be accessed via the following:

The per transaction fee will appear in your transaction history along with the applicable tax.

For Personal banking clients, any single Send to Local Bank (ACH) transaction cannot exceed BBD$150,000 and for Business banking clients, any single Send to Local Bank (ACH) transactions cannot exceed BBD$300,000. For more information regarding your limits, please refer to your Relationship Manager, Advice Centre or Branch.

For transactions over BBD$150,000 (Personal clients) or BBD$300,000 (Business clients) you can opt to:

  • Perform multiple transactions less than the $BBD150,000 or BBD$300,000 respectively OR
  • Contact us to request a Local Wire Transfer for large value transfers (local wire fees will apply), which is a Real Time Gross Settlement (RTGS) transaction and not an ACH transaction.
  • Business clients with bulk payment needs can sign-up for other Cash Management solutions - Automated Direct Credit services for electronic payroll, vendor payments etc.

BBD Transfers conducted before 12:00 noon local time on any business day will likely be processed by RBC the same business day. Transfers conducted after 12:00 noon local time on any business day, on weekends and on public holidays will be processed by RBC by the next business day.

We will process transactions in a timely manner, however, participant banks (the receiving banks) are not required to process such transactions until the following business day.

Special characters are not allowed in the Beneficiary Name field, such as the ones below: : - % " \ * $ ( ) _ + # @ ! ^ ~ { } < > & , ' .

You must ensure an accurate and valid savings or chequing account number for the receiver is provided for successful transactions. Pay particular attention to transit and account number formats where most rare errors happen. Ensure that you follow these guidelines for Branch Transit Numbers when inserting Beneficiary account numbers. Account numbers consist of a 5 digit Transit followed by the Account number.

An Interbank payment transfer can be rejected for any number of reasons such as:

  • Beneficiary Bank Account Closed
  • Beneficiary Bank Account Invalid
  • No Account/Unable to Locate Accoun
  • Return Requested by ODFI
  • Payment Stopped
  • Payment not Authorized
  • Beneficiary or Account Holder Deceased
  • Beneficiary Account Frozen
  • Non-Transaction Account (e.g. fixed deposit account/contract)
  • Credit Entry Refused by Beneficiary
  • Duplicate Entry
  • Duplicate Return

When the Beneficiary Bank is unable to process a transfer for any reasons listed above, the funds are returned to RBC for further credit to your originating savings or chequing account and a credit return fee will be deducted from the originating account (as applicable).

You are required to notify us immediately within the same or by no later than next business day from value date of transaction to initiate a reversing entry. We will attempt to recover funds on a best-efforts basis.

If the Receiving Bank has not returned the entry and/or has already processed transaction to a valid account number and/or the Receiving Bank is unable to recover the funds, we will not be able to complete processing of the reversal and will not be held liable for the transaction. Once the confirmation of the transaction is acknowledged/accepted, the transaction is considered final.

RBC strongly encourages you to closely review their transit and account numbers for accuracy and confirm with the beneficiary before sending any transfer.

This service is facilitated via the Automated Clearing House (ACH) which is operated by Cayman Islands Automated Clearing House (CIACH). The CIACH is operated by Cayman ACH Limited. Other local commercial banks which are Participants in CIACH are as follows:

  • RBC Royal Bank (Cayman) Ltd
  • Butterfield Bank (Cayman) Ltd
  • Fidelity Bank (Cayman) Ltd
  • Cayman National Bank Ltd
  • CIBC FirstCaribbean Int'l Bank (Cayman) Ltd
  • Scotiabank & Trust (Cayman) Ltd
  • Scotiabank Wealth Management

Personal banking clients with single or joint (any one to sign) KYD or USD accounts in the Cayman Islands will have automatic access to this feature. Business banking users will be required to request access to this feature by contacting your Business Centre/Branch for further guidance and submitting:

  • An Electronic Banking Application eForm 0294 AND,
  • An Electronic Banking User Enrolment eForm 0293 - with Wire Transfer permission selected OR
  • A Company letter authorizing access to the Wire Transfer permissions for the named business user(s).

You can create, modify and save templates for frequently sent transfers as desired.

Personal & Business banking clients can access "Send to Local Bank" feature via:

  • The Payments menu in Web
  • The Transfer Money menu on Android devices
  • The Payments menu on iOS devices

Both Personal & Business banking clients will be able to conduct ACH Direct Credits at the same low cost. Only BBD transactions from BBD accounts can be facilitated and no cross-currency or foreign exchange transactions are allowed. There are two fees associated with the Send to Local Bank feature. The Per Transaction Cost can be accessed via:

The per transaction fee will appear in your transaction history along with the applicable tax.

For all clients, any single Send to Local Bank (ACH) transaction cannot exceed USD $500,000 or KYD equivalent (KYD $416,666.66). For more information regarding your limits, please refer to your Relationship Manager, Advice Centre or Branch.

For transactions over USD $500,000 or KYD equivalent (KYD $416,666.66) you can opt to:

  • Perform multiple transactions less than the USD $500,000 or KYD equivalent (KYD $416,666.66) respectively OR
  • Contact us to request a Wire Transfer (local wire fees will apply) OR
  • Request a Bank Draft

All Transfers conducted before 11:00am local time on any business day will likely be processed by RBC the same business day. Transfers conducted after 11:00am noon local time on any business day, on weekends and on public holidays will be processed by RBC by the next business day.

We will process transactions in a timely manner, however, participant banks (the receiving banks) are not required to process such transactions until the following business day.

Special characters are not allowed in the Beneficiary Name field, such as the ones below: : - % " \ * $ ( ) _ + # @ ! ^ ~ { } < > & , ' .

You must ensure an accurate and valid savings or chequing account number for the receiver is provided for successful transactions. Pay particular attention to transit and account number formats where most rare errors happen.

Ensure that you follow these guidelines for Branch Transit Numbers when inserting Beneficiary account numbers. Account numbers consist of a 4 or 5 digit Transit followed by the Account number.

See below for a guide on participant bank account number format and lengths:

Bank Name Beneficiary Account Number Maximum Length Transit number required in Beneficiary Account Number field? Yes or No
Scotiabank 17 digits or less Yes – 5 digit transit
e.g. 10785 1234567890
(Transit # + Account #)
Fidelity 8 digits No
e.g. 12345678
(Account#)
Cayman National 8 digits No
e.g. 12345678
(Account#)
CIBC FirstCaribbean 12 digits No
e.g. 123456789012
(Account#)
Butterfield Bank 13 digits or less

Note: Accounts beginning with 136 or 840 do not require leading zeros; accounts beginning with 1 or 2 require leading zeros
No
e.g. 1234567890123
(Account#)

An Interbank payment transfer can be rejected for any number of reasons such as:

  • Insufficient Funds
  • Beneficiary Bank Account Closed
  • Beneficiary Bank Account Invalid
  • No Account/Unable to Locate Account
  • Return Requested by ODFI
  • Payment Stopped
  • Payment not Authorized
  • Beneficiary or Account Holder Deceased
  • Beneficiary Account Frozen
  • Non-Transaction Account (e.g. fixed deposit account/contract)
  • Credit Entry Refused by Beneficiary
  • Duplicate Entry
  • Duplicate Return

When the Beneficiary Bank is unable to process a transfer for any reasons listed above, the funds are returned to RBC for further credit to your originating savings or chequing account; and a credit return fee will be deducted from the originating account.

You are required to notify us immediately within the same or by no later than next business day from value date of transaction to initiate a reversing entry. We will attempt to recover funds on a best-efforts basis.

If the Receiving Bank has not returned the entry and/or has already processed transaction to a valid account number and/or the Receiving Bank is unable to recover the funds, we will not be able to complete processing of the reversal and will not be held liable for the transaction. Once the confirmation of the transaction is acknowledged/accepted, the transaction is considered final.

RBC strongly encourages you to closely review their transit and account numbers for accuracy and confirm with the beneficiary before sending any transfer.

This service is facilitated via Automated Clearing House (ACH), which is operated by Bahamas Automated Clearing House (BACH), the ACH Operator. Other local commercial banks which are Participants in BACH are as follows:

  • Bank of the Bahamas Limited
  • Scotiabank (Bahamas) Limited
  • Citibank, N.A.
  • Commonwealth Bank Limited
  • Fidelity Bank (Bahamas) Limited
  • FirstCaribbean International Bank (Bahamas) Limited
  • Personal banking clients with single or joint (any one to sign) BSD accounts in Bahamas will have automatic access to this feature.
  • Business banking users will be required to request access to this feature by contacting your Business Centre/Branch for further guidance and submitting:
    • An Electronic Banking Application eForm 0294 AND
    • An Electronic Banking User Enrolment eForm 0293 - with Send to Local Bank permission selected OR
    • A Company letter authorizing access to the Send to Local Bank permissions for the named business user(s)

You can create, modify and save templates for frequently sent transfers as desired.

Personal & Business banking clients in Bahamas can access the Send to Local Bank feature via:

  • The Payments menu in Web
  • The Transfer Money menu on Android devices
  • The Payments menu on iOS devices

Both Personal & Business banking clients will be able to conduct ACH Direct Credits at the same low cost. Only BSD transactions from BSD accounts can be facilitated and no cross-currency or foreign exchange transactions are allowed. There are two fees associated with the Send to Local Bank feature:

The Per Transaction Cost can be accessed via:

The per transaction fee will appear in your transaction history along with the applicable tax.

The Credit Return Fee can also be accessed via:

Yes, any single Send to Local Bank (ACH) transaction cannot exceed BSD$149,999.99 as per BACH rules. For more information regarding your limits, please refer to your Relationship Manager, Advice Centre or Branch.

For transactions over BSD$149,999.99, you can opt to:

  • Perform multiple transactions less than BSD$149,999.99 OR
  • Contact us to request a Local Wire Transfer for large value transfers (local wire fees will apply), which is a Real Time Gross Settlement (RTGS) transaction and not an ACH transaction.

BSD Transfers conducted before 12:00 noon local time on any business day will likely be processed by RBC the same business day. Transfers conducted after 12:00 noon local time on any business day, on weekends and on public holidays will be processed by RBC by the next business day.

We will process transactions in a timely manner, however, participant banks (the receiving banks) are not required to process such transactions until the following business day.

Special characters are not allowed in the Beneficiary Name field, such as the ones below:
: - % " \ * $ ( ) _ + # @ ! ^ ~ { } < > & , ' .

You must ensure an accurate and valid savings or chequing account number for the receiver is provided for successful transactions. Pay particular attention to transit and account number formats where most rare errors happen. Ensure that you follow special guidance on Branch Transit Numbers when inserting the Beneficiary Account Number details.

Note: Please pay special attention to FCIB (ex-Barclays) Transit codes as those are no longer applicable from the Central Bank of Bahamas Annex 14: BIC Codes & Branch Transit Numbers. Please use the respective new branch transits instead.

An Interbank payment transfer can be rejected for any number of reasons such as:

  • Beneficiary Bank Account Closed
  • Beneficiary Bank Account Invalid
  • No Account/Unable to Locate Account
  • Return Requested by ODFI
  • Payment Stopped
  • Payment not Authorized
  • Beneficiary or Account Holder Deceased
  • Beneficiary Account Frozen
  • Non-Transaction Account (e.g. fixed deposit account/contract)
  • Credit Entry Refused by Beneficiary
  • Duplicate Entry
  • Duplicate Return

When the Beneficiary Bank is unable to process a transfer for any reasons listed above, the funds are returned to RBC for further credit to your originating savings or chequing account and a credit return fee will be deducted from the originating account (refer to FAQ 5).

You are required to notify us immediately within the same or by no later than next business day from value date of transaction to initiate a reversing entry. We will attempt to recover funds on a best-efforts basis.

If the Receiving Bank has not returned the entry and/or has already processed transaction to a valid account number and/or the Receiving Bank is unable to recover the funds, RBC will not be able to complete processing of the reversal and will not be held liable for the transaction. Once the confirmation of the transaction is acknowledged/accepted, the transaction is considered final.

RBC strongly encourages all clients to closely review their transit and account numbers for accuracy and confirm with the beneficiary before sending any transfer.

Use the required ‘Beneficiary Reference’ field to enter a unique value provided by your beneficiary. This unique value assists your beneficiary to identify the purpose of the payment/transfer e.g. an invoice, utility reference or account number. The Beneficiary Reference allows a maximum of 22 characters with only these special characters and symbols that can be included / ( ) ‘ – and spaces.

If you don’t have a unique value provided by your receiver, feel free to re-use some of the information you’ve entered in the ‘Originator to Beneficiary’ field until you can determine one preferred by your recipient.