Get Your Money the Next Day, Every Day

Tired of waiting for your money to reach your business bank account? Get your payment settlements on Moneris transactions the very next day¹, 365 days a year at no extra cost. Only with RBC and Moneris.

See RBC Accounts

Enjoy Faster Access to Your Cash

Whether you do your business online, curbside, on-the-go or in-store, don’t wait to get your payments with Moneris.

Access funds by the next day¹ – 7 days a week, 365 days a year, at no extra cost

Setup is fast, easy and secure

Get 24/7 access to advice and support

How to Get Started

It all starts with an RBC business bank account. Apply online and in less than 15 minutes⁹ you can get your business bank account number.

You may need to stop by a branch to quickly verify your identity and activate your account.

Get started with Moneris payment solutions today.

Here are two of our most popular options.

RBC Digital Choice Business Account Package

Best for: Digital Banking

Save time and money if you do most of your banking online.

$5.00/month²

Sign Me Up (RBC Digital Choice Business Account Package)

Features

Unlimited electronic debit and credit transactions³
Unlimited electronic cheque deposits⁴
10 FREE outgoing Interac e-Transfer^‡ transactions⁵
Unlimited Moneris^‡ deposits for credit card and debit card transactions
No minimum balance required

RBC Flex Choice Business Account Package

Best for: Digital + In-Branch Banking

Shift freely between branch and digital channels with savings built in to match your way of banking.

$6.00/month²

Sign Me Up (RBC Flex Choice Business Account Package)

Features

Save 40% on fees for transactions made through RBC Online Banking, the RBC Mobile app⁶ and RBC ATMs⁷ versus paper transactions
Save on cash deposits at the RBC ATM⁷ and through the Night and Day Deposit⁸ Service
Only pay for what you use — no minimum or maximum transaction limits
Unlimited Moneris^‡ deposits for credit card and debit card transactions
No minimum balance required

You can also open an account over the phone without coming into the branch.

Call 1-866-822-6404

Help Me Choose the Right Account

Answer a few short questions and we’ll recommend the right account to match your business needs. Choose one answer for each question

Based on your answers, we recommend (2 products)

^®/™

Trademark(s) of Royal Bank of Canada.

^‡

All other trademarks are the property of their respective owner(s).

There may be certain events, circumstances or incidents outside our control that disrupt the service or otherwise delay deposits. Funds availability is subject to client agreements.

Standard fees and charges apply for services and transactions exceeding the number included in the account package.

Includes electronic (digital) debit and credit transactions to the account, such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online. For full list of fees not included with the account review the RBC Digital Choice Business Account Package page.

⁴

Includes cheques deposited through the RBC Mobile App, RBC ATM and ChequePro.

⁵

Only includes outgoing Interac e-Transfer transactions sent on the RBC Online Banking for business platform. Excludes all other Interac e-Transfer services such as Autodeposit, Request Money, Request Money Fulfillment and Bulk Interac e-Transfer service.

⁶

RBC Mobile is offered by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

⁷

Savings accrue from lower standard processing fees charged on electronic (digital) debit and credit transactions (vs. paper) such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard account fee per electronic credit and debit transaction is $0.75 versus $1.25 per paper transaction. Fees and charges may vary based on location. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online.

⁸

Savings range from 10% to 55%, depending on your account package. The Night and Day Deposit service may not be available in all areas. Fees and charges may vary based on location. Other fees and charges may apply.

⁹

In order to get a business bank account and account number online, the business must be a sole proprietorship or a single-owner corporation, in each case, with only one authorized signatory. The business must be registered in Canada or a business operated in Canada by a natural person who is a permanent resident of Canada. Additionally, the authorized signatory completing the online application on behalf of the business must successfully complete the personal identification portion of the application, including, without limitation, a credit bureau report to the satisfaction of Royal Bank of Canada. Multi-owner businesses or businesses that have more than one authorized signatory will be directed to the branch to get a business bank account and account number. Issuance of an account number does not guarantee that the account is operational. RBC may restrain the use of the account and require the business client to visit a branch to satisfy any outstanding requirements prior to operating the account. RBC reserves the right, in its sole discretion, to require that the business client visit a branch to complete the application. A business client that successfully completes the online application will still need to visit a branch to obtain a business client card and sign additional documentation, even if a bank account number has been issued. Actual completion time may vary from person to person and may be affected by a variety of external factors, including internet navigation speed and other interruptions. RBC does not accept any responsibility for any damage or loss that any parties might suffer resulting from any deviations from time indicated.

Get Your Money the Next Day, Every Day

Enjoy Faster Access to Your Cash

How to Get Started

RBC Digital Choice Business Account Package

RBC Flex Choice Business Account Package

Help Me Choose the Right Account

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