General Information
Your bill payments are remitted once a day (23:00 AST) Monday through Friday. Only payments made before 18:00 your local time will be remitted on the day the payment is made. Payments made after 18:00 on Friday and all payments made on the weekends will not be sent to payees until Monday evening. The payee may take 3 to 5 business days to post the payment to your account. In addition, some payees only accept the date they actually process your payment and not the date you make your payment in Online Banking. As a result, you may want to check with the payees to find out how far in advance you should make the payments in order to meet their due date.
If you enrolled in Online Banking after March 15, 2001 you must enter your activation code in order to pay credit cards issued by another lender or to pay another RBC Royal Bank customer online. This Activation Code is mailed to your address after you enroll in Online Banking.
To pay a bill, first create your payee list. If you're already set up to pay bills via ATM, Telephone Banking or through your branch, then you're ready to go.
To pay a bill:
- Go to "Pay bills and transfer funds".
- Enter the desired amount and the account you would like to withdraw from. To send the payment to the desired biller, select the biller from the "To:" drop-down list.
- Complete the rest of the payment details and select "Continue".
- If all of the details are correct, select "Confirm".
Note:
- To cancel a same-day bill payment after clicking "Confirm", advise us by telephone at 1-800-769-2511 prior to 6:00 pm your local time.
- Paying a bill with your RBC Royal Bank credit card is considered a cash advance. For each bill you pay like this, there’s a fee of $3.50 and the payment amount will count towards your daily cash advance limit.
To learn about your cash advance limit, give us a call at 1-800-769-2512 or take a look at your Cardholder Agreement..
FAQs
Transfers are limited to the available balance in your Account. Bill Payment: $99,999 is the limit for bills accepted through RBC Royal Bank ATMs, Online Banking, Mobile Banking and Telephone Banking services.
How do I pay bills directly from my bank account? ›
Gather your bills, including account numbers and the addresses to where you mail the payments. Enter each biller's information into your bank's online bill pay platform, or choose them from a list provided by your bank. Choose when to send the payment. Select a recurring or one-time payment.
Is there a limit on bill pay? ›
Is there a limit on the number of payees I may add? There is no limit on the number of payees that you may set up for payments.
How long does RBC take to pay a bill? ›
Your bill payments are remitted once a day (23:00 AST) Monday through Friday. Only payments made before 18:00 your local time will be remitted on the day the payment is made. Payments made after 18:00 on Friday and all payments made on the weekends will not be sent to payees until Monday evening.
Can you pay bills at an ATM RBC? ›
Take out some cash, transfer funds, pay bills and deposit cheques at any of our 4,000+ ATMs across the country.
Can you pay bills from your bank? ›
Open your preferred banking or EMI mobile app and choose “Pay Bills” ii. Find the biller you want to pay from the list. iii. Fill in the details such as subscriber/account number, amount to be paid.
What information is needed for bill pay? ›
To do this, you'll need some basic information about the payee, including a name and account number for your service account. Many billers may already be set up in the bill pay system. If a biller is not in the system, you'll need to provide a few more details such as a mailing address and phone number for the biller.
Is it safe to pay bills directly from a bank account? ›
Safety grade: A-
Online bill pay services, usually offered by banks, allow you to schedule payments directly from your account. They share similar security measures with ACH payments, including encryption and fraud monitoring.
What is the safest way to pay bills online? ›
Electronic checks are inherently safer than physical checks as they cannot be lost or stolen, and any eCheck also gains the encryption provided by the ACH as well as the ability to reverse your payments under certain circ*mstances.
How do you make a bill payment? ›
Visit your bank or credit union's website and find the "Bill Pay" or "Pay Bills" tab. You'll need to enter your payee's name, address, and account number, which you can find on your last bill or statement.
The bottom line
Be aware of any convenience fees you'll incur by paying your bills with credit cards. It's best to use credit only for products and services that won't charge a fee, and using cash, debit or bank transfer for the rest.
Does RBC have transaction limits? ›
Yes. To help keep your accounts safe, all client cards have daily limits for transactions made outside of a branch.
What is the limit on a credit card payment? ›
The credit limit on Credit Card refers to the maximum amount of money available to the cardholder, to make purchases or payments in during a given monthly credit cycle. Every Credit Card comes with a fixed monthly limit set by the issuer, up to which the cardholder can initiate spends and payments on their Credit Card.
What is the current limit of payment bank? ›
Payment banks can take deposits up to Rs. 2,00,000.
