Get a Digital Banking Account to Help You Start & Grow Your Business

The RBC Digital Choice Business Account package comes with unlimited electronic debit and credit transactions^Disclaimer3 to manage your cashflow easier. Save time and money when you bank digitally, plus get access to many included features that help you manage your business.

Unlimited Electronic Debit and Credit Transactions^Disclaimer3

Spend more time building your business and less time counting your transactions.

Unlimited Electronic Cheque Deposits^Disclaimer4

Deposit cheques using your mobile device instantly and put money back into your business.

No Minimum Balance Required

Take advantage of all your RBC Digital Choice Business Account Package features, no matter how much you keep in your account.

10 Free Outgoing Interac e-Transfer Transactions^Disclaimer2 Per Month

Easily send money to suppliers, vendors or employees whenever you need to.

Unlimited Moneris Deposits

Give your customers the convenience of paying by credit and debit card – online, in-store, or on the go.

Exclusive Website Builder Offer

Limited-time Offer: Become a Moneris merchant and build your e-commerce site with Bookmark website builder. Find out how you could get no website fees for 6 months and save almost $240!^Disclaimer5 Offer ends May 31, 2022.

Fee Details


Monthly Fee: $5.00¹
Services	Fees
Electronic debit and credit transactions⁴	Unlimited
Items deposited⁵	Unlimited
Mobile & ATM cheque deposits⁶	Unlimited
Send Interac e-Transfer⁷	10 included; $1.50 / transfer thereafter
Moneris deposits	Unlimited


Services	Fees
Paper deposits and credit transactions	$2.50 each
Cash deposits⁸	$5.00 per $1,000 (branch) $2.25 per $1,000 (ATM) $2.25 per $1,000 (Night and Day)


Services	Fees
Electronic	No charge
Paper statement without images	$4.00
Paper statement with images	$5.00

Choose the Right Account for You

Answer a few short questions and we’ll recommend the right account to match your business needs.

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Open Your RBC Business Account Today

Apply online and receive your RBC Digital Choice Bank Account Package number in less than 15 minutes.^{Legal Disclaimer 6}

Sole Proprietorship or a single-owner corporation with only one authorized signatory

Open Online Call 1-866-864-7929

Multi-owner Businesses or businesses that have more than one authorized signatory

Call our 24/7 Business Helpline at
1-866-864-7929

^® / ™

Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

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

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

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

Terms and conditions apply. Promotion runs from July 17, 2020 to May 31^st, 2022(“Offer Period”). To be eligible for a 6-month fee waiver on the Bookmark Business Plan (“Offer”), you must be or become a Moneris merchant, have an RBC personal or business bank account for the settlement of transaction proceeds and sign up for a Bookmark Business Plan during the Offer Period. Monthly fee of $39.95 shall apply after the expiry of the 6-month fee waiver period on the Bookmark Business Plan which may be cancelled at any time. Offer is subject to change, cancellation or withdrawal at any time. Please click here for complete details of offer terms and conditions, including additional restrictions regarding offer eligibility.

⁶

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.

⁷

⁸

Standard fee of $0.22 per item deposited (such as cheques and drafts) via an RBC Branch, RBC ATM, RBC Mobile Cheque Deposit or Night and Day Deposit does not apply to this account package. Fees relating to processing an electronic credit or paper deposit to the account still apply, unless otherwise included.

⁹

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

¹⁰

¹¹

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.

monthly fee

Open a $5.00^Disclaimer1 Monthly Fee RBC Digital Choice Business Account Today

Get a Digital Banking Account to Help You Start & Grow Your Business

Fee Details

Fee Details

Choose the Right Account for You

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