Help Save Your Money Faster with Automatic Contributions
A great way to reach your financial goals faster is through a Pre-authorized Contribution (PAC) plan. When you set up a PAC, your money will be regularly transferred from your bank account to your TFSA or RRSP. Just sit back and watch your money grow.
Set Up Your PAC in RBC Online Banking
1
Select the account you’d like to contribute to – your TFSA or RRSP and sign in to RBC Online Banking.
2
Choose a contribution amount. Start with as little as $25.
3
Pick the chequing account you’d like to transfer money from.
4
Select a schedule. Choose how often you’d like to contribute to your TFSA or RRSP, and set a start and end date. Remember, you can change your settings anytime.
Start Saving Regularly Today
Once you’ve set up automatic contributions, we’ll do the rest of the work. Track your progress anytime through RBC Online Banking.
Prefer to set up a PAC with an Advisor?
Book an appointment today1)
RBC Online Banking is provided by Royal Bank of Canada.